Onehope27 INC FY2020 filing

Milwaukee, WIUnknown exempt organizationEIN 46-3664191Revenue $335K in FY2020

On file with the IRSonehope27.org1245 N 45th St · Milwaukee, WI

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To bring hope to kids families involved in foster care in Milwaukee County through the church community around them

79¢ of each $1 spent went to programs.
$10K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $1K a year · under 1% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$10K
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
130 mo
of spending, in cash
Looks good: 129.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $5K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$335K
Spent
$32K
To programs
79%
Net assets
$346K
By yearFY2020–FY2024
Revenue
$335K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$335K
FY2021$145K
FY2022$223K
FY2023$83K
FY2024−$5K
Expenses
$32K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$32K
FY2021Not on file
FY2022$181K
FY2023Not on file
FY2024$337K
Net assets
$346K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$346K
FY2021$381K
FY2022$424K
FY2023$342K
FY2024$0

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $25K Management & general 8% · $2K Fundraising 14% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $10K paid to officers and key staff.

Part VII, Section A · reportable compensation
$10,500Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Joanne Keene$78,000$51,000———
Charonne Ganiere——$30,000$21,000$10,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects foster families with church communities to offer hope and support.

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Provided by the organization

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2 programs · $25K · in their own filed words · FY2020
01

Support Home

Will provide the connection moms need to succeed with a mentoring program, peer team building, life skills classes, and low-cost housing right in the heart of the city. In 2020, we began developing this program; in 2021, we expect to purchase & renovate a house for the program; and in 2022, we expect the Support Home to become…

$17Kprogram expense
02

Placement Bags

These bags provide basic material items to foster children that they often lack, including pajamas, clothes, and a proper bag to transport their belongings.

$9Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$5K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$335K
Ln 12
Gifts and grantsLn 1h$335K
Investment incomeLn 3$54
Money outPt IX
$32K
Ln 25
Programscol B$25K
Managementcol C$2K
Fundraisingcol D$4K
Owns and owesPt X
$346K
net assets · Ln 32
Cash and savingsLn 1–2$348K
Total assetsLn 16$348K
LiabilitiesLn 26$2K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$335K
Noncash giftsLn 1g$6K
Investment incomeLn 3$54
Total revenueLn 12$335K
Assets in detailPt X, end of year
CashLn 1$26K
SavingsLn 2$321K
Cash and savings togetherLn 1–2$348K
Total assetsLn 16$348K
LiabilitiesLn 26$2K
Net assetsLn 32$346K
OperationsPt I, VI
EmployeesI 53
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$43K$348K
Total assetsLn 16$43K$348K
LiabilitiesLn 26$76$2K
Net assetsLn 32$43K$346K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$10K$6K$500$4K
Other salaries and wagesLn 7$8K$8K
Payroll taxesLn 10$1K$1K$38$306
Advertising and promotionLn 12$5$5
Office expensesLn 13$2K$1K$467
OccupancyLn 16$6K$6K
Conferences, conventions and meetingsLn 19$205$205
InsuranceLn 23$453$453
Other expenses (24a–d)Ln 24$3K$2K$809$55
Total functional expensesLn 25$32K$25K$2K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest −$5K$337K−$342K$0 990 PDF
FY2023 $83K$342K 990 PDF
FY2022 $223K$181K$43K$424K 990 PDF
FY2021 $145K$381K 990 PDF
FY2020 Viewing $335K$32K$303K$346K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $335,231 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $39,263$335,177
I-9 Program service revenue$0
I-10 Investment incomePrior year $12$54
I-11 Other revenue$0
I-12 Total revenuePrior year $39,275$335,231
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $6,459$20,274
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $14,025$11,896
I-18 Total expensesPrior year $20,484$32,170
I-19 Revenue less expensesPrior year $18,791$303,061
Part VI · Governance 6 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $335,231 across 6 lines filed
VIII-1f All other contributions, gifts and grants$335,177
VIII-1g Noncash contributions (included above)$5,775
VIII-1h Total contributions, gifts and grants$335,177
VIII-3 Investment incomeRelated to mission $54$54
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $54$335,231
Part IX · Statement of functional expenses $32,170 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $6,000 · Management $500 · Fundraising $4,000$10,500
IX-7 Other salaries and wagesPrograms $8,333$8,333
IX-10 Payroll taxesPrograms $1,097 · Management $38 · Fundraising $306$1,441
IX-12 Advertising and promotionFundraising $5$5
IX-13 Office expensesPrograms $1,160 · Management $467$1,627
IX-16 OccupancyPrograms $6,375$6,375
IX-19 Conferences, conventions and meetingsManagement $205$205
IX-23 InsuranceManagement $453$453
IX-24 Other expenses (24a–d)Programs $2,367 · Management $809 · Fundraising $55$3,231
IX-25 Total functional expensesPrograms $25,332 · Management $2,472 · Fundraising $4,366$32,170
Part X · Balance sheet $347,645 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $6,927$26,427
X-2 Savings and temporary cash investmentsStart of year $35,630$321,218
X-16 Total assetsStart of year $43,007$347,645
X-17 Accounts payable and accrued expensesStart of year $76$1,653
X-26 Total liabilitiesStart of year $76$1,653
X-27 Net assets without donor restrictionsStart of year $6,082$6,911
X-28 Net assets with donor restrictionsStart of year $36,849$339,081
X-32 Total net assets or fund balancesStart of year $42,931$345,992
X-33 Total liabilities and net assetsStart of year $43,007$347,645
Part XI · Reconciliation of net assets $345,992 net assets at year end
XI-1 Total revenue$335,231
XI-2 Total expenses$32,170
XI-3 Revenue less expenses$303,061
XI-4 Net assets at start of year$42,931
XI-10 Net assets at end of year$345,992

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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