One Dream at a Time

EIN: 260626123 501(c)(3) Education

Seattle, WA

Total Revenue
$5,079,343
Total Expenses
$162,507
Total Assets
$14,249,104
Net Assets
$14,029,384
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
WA
Principal Officer
Terrance Y Yoshikawa
Phone
2062863577
Tax Period
2023-01-01 to 2023-12-31

One Dream at a Time, founded in 2007, is a community nonprofit in the Education sector that reported $5.1M in total revenue in fiscal year 2023. Revenue surged 1504% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.9M, a strong 97% operating margin.

Mission

Our specific objectives and purposes is to aid and support the elders, disadvantaged students, orphans, and people with special needs. The purpose of helping disadvantaged students and people with special needs is to inspire, encourage and motivate them to develop a career path; give them a chance for higher education and technical skills that they otherwise may not have; in turn, we ask that when they become independent, they will help others in the same situation. The purpose of helping the elders, orphans is to let them know that there are people in this world who care for them, thus help to build their self-esteem, and confidence. The types of help to be provided to these groups include: medical insurance payments, basic needs such as groceries, clothes, and personal hygiene items.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,859,771
Program Service Revenue $0
Investment Income $219,572
Other Revenue $0
TOTAL REVENUE $5,079,343

Expense Breakdown

Grants Paid $158,580
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $158,580
Other Expenses $3,927
TOTAL EXPENSES $162,507

Year-over-Year Comparison

2023 2022 Change
Revenue $5,079,343 $316,705 +15.0%
Expenses $162,507 $72,727 +1.2%
Net Income $4,916,836 $243,978 +19.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
4

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terrance Y Yoshikawa President 1.00
Officer Director
$0 $0 $0
Edward Yakushijin Treasurer 1.00
Officer Director
$0 $0 $0
Edward Sturdivant Secretary 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $5,079,343 $162,507 $14,249,104 $4,916,836
2022 $316,705 $72,727 $6,814,891 $243,978
2021 $3,178,910 $263,225 $7,945,087 $2,915,685
2020 $6,636,002 $21,525 $6,816,319 $6,614,477
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