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One Economy Corporation

 

Washington, DC

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One Economy Corporation

Physical Address:
Washington, DC 20036 
EIN:
52-2220052
Web URL:
www.one-economy.com
Leadership:
Mr. Kelley Dunne
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Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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Fiscal Year Starting: Jan 01, 2011
Fiscal Year Ending: Dec 31, 2011
Revenue
Total Revenue $23,793,055
Expenses
Total Expenses $25,312,194

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Financial data from Forms 990 for Year 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.



GuideStar Exchange Member

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Basic Organization Information

One Economy Corporation

Physical Address:
Washington, DC 20036 
EIN:
52-2220052
Web URL:
www.one-economy.com 
NTEE Category:
W Public, Society Benefit 
W50 Telephone, Telegraph and Telecommunication Services 
O Youth Development 
O50 Youth Development Programs 
S Community Improvement, Capacity Building 
Ruling Year:
2000 

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Mission Statement

One Economy is a global nonprofit that uses innovative approaches to deliver the power of technology and information to low-income people, connecting them to valuable tools for building better lives. Our mission is to maximize the potential of technology to help low-income people improve their lives and enter the economic mainstream.

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Revenue and Expenses

Revenue and Expense data from Forms 990 for 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart


Balance Sheet

Balance Sheet data from Forms 990 for Year 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Leadership (GuideStar ExchangeThe GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more. October, 2012)

Mr. Kelley Dunne

Term:

Since Jan 2011

Profile:

Kelley Dunne, Chief Executive Officer of One Economy has more than 20 years of experience in the telecommunications industry and is recognized as an industry pioneer in deploying some of the first 4G broadband wireless capacities across the country. Kelley's career journey has always been grounded in his deep sense of purpose. His unique combination of telecommunications expertise, business acumen and commitment to service will allow One Economy to expand its impact in underserved communities around the world. Prior to joining One Economy as CEO, Kelley was the founder and CEO of Digital Bridge Communications Corporation, a provider of broadband wireless to small and medium-sized communities. He has also held leadership positions with One Point Communications, AT&T Bell Labs and Verizon, where he launched Verizon's Rural Broadband Initiative, leading some of the most innovative broadband wireless deployments in rural markets, Native American reservations, low-income housing areas and U.S. military bases. Kelley who grew up in a military family also served in the U.S. Army Signal Corps as both an enlisted service member and an officer. Kelley received his BS degree in Communications Systems Management from Ohio University and his MS degree in Information and Communications Sciences from Ball State University. He lives in Virginia with his wife and three daughters.

Leadership Statement:

Since founding One Economy in 2000, we have focused on building an organization that applies the innovations of the Digital Age to the issues of isolation and poverty. The unique aspect of One Economy is that we use technology as a tool to augment and enhance existing systems and community development activities to better support the needs and potential of low-income people. One Economy’s approach is distinctive because we use a three-step strategy that ensures information is available, accessible, and relevant. We work with local housing agencies, municipal governments, and Internet service providers to make technology available to people in the comfort of their homes; we train youth as Digital Connectors who act as technology ambassadors in their community; and we create public-purpose media that is culturally relevant and presented at a level which is understandable to everyone in society. Our belief is that through innovative use of the Internet and by partnering with local nonprofit organizations who are already serving low-income people, we can break through the barriers caused by the social and economic isolation of poverty. The Internet is ideal because it connects. It connects people to services. It connects government to its constituency. Through the power of technology, the barriers of time, place, and inconvenience can be overcome.



Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

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Program: Access to Technology

Budget:
--
Category:
Human Services
Population Served:
Poor/Economically Disadvantaged, Indigent, General

Program Description:

·         One Economy works with top-of-market partners and policy-makers to facilitate the deployment of broadband into the homes of low-income individuals. To date, One Economy has brought broadband Internet access into the homes of more than 375,000 low-income Americans.

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Program Success Monitored by:

Program Success Examples:

Program: Training

Budget:
--
Category:
Youth Development
Population Served:
Youth/Adolescents only (14 - 19 years)

Program Description:

·         Through the Digital Connectors youth leadership and workforce development program, trained youth become community ambassadors who help their families and neighbors learn to use technology to improve their lives. To date more than 3,500 youth have volunteered 77,000 hours to train community members to use technology. One Economy’s Community Technology Associates extend this service by: providing one-on-one training for local residents, businesses and nonprofits; troubleshooting networks; repairing computers and peripherals; and maintaining an on-the-ground presence in connected neighborhoods. In 2011 alone, One Economy will increase its impact by training to more than 150,000 community residents in Internet and digital literacy skills.

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Program Success Monitored by:

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Program: Content

Budget:
--
Category:
Arts, Culture & Humanities
Population Served:
Poor/Economically Disadvantaged, Indigent, General

Program Description:

·         One Economy brings technology into affordable housing around the country and creates responsible, public purpose media properties, most notably the Public Internet Channel (www.PIC.tv(http://www.pic.tv/) ), an online compendium of entertaining and informative blogs, interviews, short documentaries and dramatic series, and the Beehive (www.thebeehive.org(http://www.thebeehive.org/) ), a multi-lingual, self-help, consumer portal that offers national and local information and services to support the needs and potential of low-income people.

Program Long-Term Success:

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:



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Impact Summary from the Nonprofit

A snapshot of OE's accomplishments this year and in 2010: In 2011, One Economy will connect 100,000 residents living in affordable housing nationwide. Working in global communities, One Economy is opening a series of community technology centers,the first of which debuted in Durban, South Africa in 2009. Digital Connector programs are currently available in 32 cities throughout the United States. By years end, nearly 6,000 youth will have given more than 200,000 hours of community service, & more than 160,000 will have been trained by Digital Connectors on using the computer & other technical applications, including One Economy’s online resource, The Beehive (www.thebeehive.org(http://www.thebeehive.org/) ). Millions of people have been touched by the programs & services within fourteen countries on four continents. Through One Economy’s MyFreeTaxes.com & in-person tax preparation with IRS-trained professionals,we provided free preparation & filing for 19,554 filers, returning $33.8 million in federal & state refunds. Worldwide, 600,000 Arabic speaking people were connected to vital information on The Beehive. (http://jordan(http://jordan/) thebeehive.org(http://thebeehive.org/) ). Over half a million people discovered methods to protect their computers, identities, & families online. 200,000 Americans found simple ways to understand & manage their diabetes. We provided healthy recipes & healthy living tips to over 180,000 Spanish speaking families.

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