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One Economy Corporation
1220 19th St NW Ste 610 Washington, DC 20036

GENERAL INFORMATION

Who We Are

One Economy is a global nonprofit organization that uses innovative approaches to deliver the power of technology and information to low-income people, giving them valuable tools for building better lives.

• This organization is a 501(c)(3) Public Charity .
• This organization is required to file an IRS Form 990 or 990-EZ.
• Financial information in this report is derived from the organization's December 31, 2007 Form 990.
• Additional narrative information in this report was last supplied by the organization on January 27, 2010.
• It makes its audited financial statements available to the public upon request.
• Contributions are deductible, as provided by law.

How to Help

This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses and special projects.

Location(s) Served

• National
• International: Canada, Jordan, South Africa, Turkey

NTEE Code

• S99—Community Improvement, Capacity Building N.E.C.

Chief Executive

Mr. Rey Ramsey

Chief Executive Profile

Rey is an internationally respected social entrepreneur and co-author, with Ben Hecht, of ManagingNonprofits.org: Dynamic Management for the Digital Age . Prior to founding One Economy in 2000, Rey served as President and Chief Operating Officer of The Enterprise Foundation. He has also served in the cabinets of two governors of Oregon as the state's Director of Housing and Community Services. Rey was formerly the Chairman of the Board of Habitat for Humanity International. He also serves on the boards of Schnitzer Investment Corporation, the Advisory Board of the Brookings Institution Center on Urban and Metropolitan Policy, Local Initiatives Support Corporation (LISC), and Kaboom!. He has a BA in Political Science from Rutgers University and is a graduate of the University of Virginia Law School.

BOARD OF DIRECTORS

MISSION AND PROGRAMS

Mission

Our mission is to maximize the potential of technology to help low-income people improve their lives and enter the economic mainstream

Programs

We help bring broadband into the homes of low-income people, employ youth to train their community members to use technology effectively, and provide socially responsible media properties that offer a wealth of information on education, jobs, health care and other vital issues.

GOALS AND RESULTS

Accomplishments for Fiscal Year Ending December 31, 2008

1. Produced and premiered our ground-breaking Diary of a Single Mom web series for the Public Internet Channel with acclaimed Hollywood actor, director, and producer Robert Townsend
2. Launched Bring IT Home America and provided low-income communities in California and Oklahoma broadband access, digital connectors, and informative online media
3. Launched DC Health Care For You, providing thousands of DC residents with localized healthcare information

Objectives for Fiscal Year Beginning January 1, 2009

1. Expand the development of the Public Internet Channel
2. Expand the reach and impact of our successful Digital Connectors program
3. Expand and deepen the work of One Global Economy focusing on the deployment of public purpose, online media, public access points and training

FINANCIAL DATA

Revenues and Expenses: Fiscal Year Ending December 31, 2007

Balance Sheet: Fiscal Year Ending December 31, 2007

Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

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