Onesky EIN 95-4714047

Onesky

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Empowers caregivers to nurture vulnerable young children through responsive care and early education. For fiscal year 2024 it reported $7.2M in revenue, $7.0M in expenses, and $2.0M in net assets.Pt I

Founded
1998
Type
Public charity (501(c)(3)) · International
Location
Berkeley, CA
Website
onesky.org
Filings
5 on file (2020–2024)
Revenue
$7.2MFY2024
Expenses
$7.0M
Net assets
$2.0M
People
21
Filings
5
Updates
0
More identity details & actions ⌄
EIN  95-4714047 Public charity (501(c)(3)) Berkeley, CA Founded 1998
Form 990 (PDF)
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Figures match the IRS filing checked 8/17/26 · see original: IRS
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Size
$1–10M
What they do
Empowers caregivers to nurture vulnerable young children through responsive care and early education.
Leadership
Morgan Lance · CEO · $258K
Money in and out
$7.2M revenue, $7.0M expenses
Bottom line
71% program efficiency
Where the money goes · FY2024
Total revenue
$7.2M
Pt VIII · Ln 12
Total expenses
$7.0M
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $158K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.11 Fundraising $0.18
Program efficiency
71%
of spending reaches programs▼ -7% vs prior filing year
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate▼ -52% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +110% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$7.2M
FY2024▲ +48%
Expenses
$7.0M
FY2024▲ +19%
Total assets
$2.3M
FY2024▼ -5%
Total liabilities
$302K
FY2024▼ -48%
Total revenue
$7.2M
Pt VIII · Ln 12
Total expenses
$7.0M
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$158K
Total assetsPt X · Ln 16$2.3M
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $4.6M of program spending, described in the organization's own filed words · FY2024.
01

Vietnam

Since 2017, OneSky has trained independent childcare providers who provide care for the children of migrant workers working in the country's industrial zones. Further, through the Foundation's model training center, the OneSky Early Learning Center in Da Nang, OneSky provides daily care for 262 children ages 6 months to 6 years.

$2.0Mprogram expense
02

China

Since 1998, onesky has led efforts to make nurturing care available to children living in welfare institutions while also training caregivers in rural communities impacted by migration. The foundation provides training to caregivers and foster parents in welfare institutions.

$1.5Mprogram expense
03

Mongolia

In 2018, OneSky began training caregivers in state run nurseries and, in 2020, expanded our work to provide family skills training and community engagement to support young children living in migrant communities through the OneSky Family Center in Ulaanbaatar, Mongolia, as well as through partnership with public kindergartens and local…

$1.1Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COnesky
EINHdr · item D95-4714047
Principal addressHdr · item CBerkeley, CA
WebsiteHdr · item Jonesky.org
Year of formationHdr · item L1998
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q330)
Ruling yearIRS BMFMar 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$257,500Pt VII · Sec A
Chief Philanthropy Officer, US
$184,100Pt VII · Sec A
Chief Operations Officer (china) and Director - Partial Year
$182,038Pt VII · Sec A
Chief Communication Officer
$139,675Pt VII · Sec A
$130,202Pt VII · Sec A
SR. Global Design Director of Brand & Creative Services
$118,693Pt VII · Sec A
Director of Media
$115,900Pt VII · Sec A
Director of Marketing
$104,906Pt VII · Sec A

Morgan Lance’s $258K as CEO is at the 89th percentile of top reported officer pay among 1169 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jenny Bowen$53,989$55,346$50,000$129,382$400,058
Morgan Lance$257,500$225,500$220,000$228,219$206,892
Roberta O'Hara$184,100$179,000
Rachel Xing$182,038$177,975$157,727$157,157$155,295
Shanelle Bolton$169,125$165,000
Sandy C Wang$154,500$150,000$151,686
Celia Bolam$139,675$127,043
Yanfang Chen$130,202$123,718$122,954$120,127

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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Statement of Revenue

Part VIII
Contributions & grants101%$7.2M
Investment income$33K
— government grantsLn 1e$276K
Total revenueLn 12$7.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.11 Fundraising $0.18
Program services71%$5.0M
Management & general11%$780K
Fundraising18%$1.3M
Total functional expensesLn 25$7.0M

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$2.3M
Total liabilitiesLn 26$302K
Total net assetsLn 32$2.0M
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses (Pt IX) $7.0M · Less non-cash grants $8K · Cash operating expenses/yr $7.0M
2.0 months
Where the money goes
Program services
Program services $5.0M · Total expenses $7.0M
71%
Management & General
Management & general $780K · Total expenses $7.0M
11%
Fundraising
Fundraising $1.3M · Total expenses $7.0M
18%
Cost to raise $1
Fundraising expense (3-yr avg) $973K · Solicited contributions (3-yr avg) $5.3M
$0.18 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $7.2M · Total revenue $7.2M
101%
Government reliance
Government grants $276K · Total revenue $7.2M
4%
Earned-income share
Program service revenue $0 · Total revenue $7.2M
0%
Investment reliance
Investment income $33K · Total revenue $7.2M
+0.5%
Program self-sufficiency
Program service revenue $0 · Total expenses $7.0M
0%
Growth & trend
Revenue growth (YoY)
This year $7.2M · Prior year $4.8M
+48%
Revenue CAGR
FY2020 $6.8M · FY2024 $7.2M
+2%
Net-asset trend (YoY)
End of year $2.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.2M · Expenses $7.0M
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $2.3M
Net-asset ratio
Net assets $2.0M · Total assets $2.3M
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Morgan Lance · Reported title CEO · Highest reported compensation $258K · Total expenses $7.0M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5.0M · Total expenses $7.0M
71%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 11%
Fundraising cost ratio 17%
Revenue growth 48%
Legal fee ratio 0.04%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$550

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$7.2M revenue · viewing · ⤓ 990 PDF
FY2023$4.8M revenue · ⤓ 990 PDF
FY2022$4.5M revenue · ⤓ 990 PDF
FY2021$7.0M revenue · ⤓ 990 PDF
FY2020$6.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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