Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 20-4251665

ONE PARENT ONE DREAM FOUNDATION

Tax-exempt · TUPELO, MS 38801

Financials

$141K$180K2023$412K$107K2024
Revenue Expenses · by fiscal year end
Financials of ONE PARENT ONE DREAM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$412,426$106,905$305,521$321,466$0$321,466
December 31, 2023990$141,356$180,313-$38,957$15,945$0$15,945
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$412,426
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$106,905

Balance sheet and other

Total assets, start of year
$15,945
Total assets, end of year
$321,466
Total liabilities, end of year
$0
Net assets, end of year
$321,466
Net assets without donor restrictions
$321,466
Gross receipts
$412,426
Employees
0
State of legal domicile
MS

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHADWICK A SPENCEROFFICER AND
Trustee or director, Officer
–$0
JAMES A SPENCEROFFICER AND
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
CHADWICK A SPENCEROFFICER AND
Trustee or director, Officer
–$0
JAMES A SPENCEROFFICER AND
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
144 S THOMAS ST STE 105, TUPELO, MS 38801-5337
In care of
% ASHLEY HOME FURNITURE STORE
Principal officer (990 for 2024)
JAMES A SPENCER, 1684 PECAN DRIVE, TUPELO, MS 38801
Signed the 990
JAMES A SPENCER, OFFICER AND DIRECTOR
Phone
(662) 869-5136
Return prepared by
NAIL MCKINNEY PROFESSIONAL ASSOCIATION

Mission

SUPPORT OF SINGLE-PARENT FAMILIES

990 for the year ended December 31, 2024

Program accomplishments

  • SUPPORT AND ENCOURAGE SINGLE PARENT FAMILIES THAT ARE STRUGGLING TO MEET THE VERY BASIC NEEDS OF THEIR FAMILY. THE ORGANIZATION PROVIDES BEDS AND MATTRESSES FOR THESE FAMILIES TO SLEEP. THE ORGANIZATION PLANS TO PROVIDE SCHOLARSHIPS TO THOSE NEEDY INDIVIDUALS AS WELL AS FOOD, CLOTHING AND SHELTER WHERE APPLICABLE.
    Expenses $106,905

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-4251665
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P40)
Assets (IRS master file)
$321,466
Income (IRS master file)
$412,426

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$412,426$106,905$321,466XML
990December 2023$141,356$180,313$15,945XML
990December 2022$141,065$129,052$54,902IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4251665).

Questions about ONE PARENT ONE DREAM FOUNDATION

What is the EIN of ONE PARENT ONE DREAM FOUNDATION?
The employer identification number (EIN) of ONE PARENT ONE DREAM FOUNDATION is 20-4251665.
Is ONE PARENT ONE DREAM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to ONE PARENT ONE DREAM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ONE PARENT ONE DREAM FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ONE PARENT ONE DREAM FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ONE PARENT ONE DREAM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ONE PARENT ONE DREAM FOUNDATION?
The 990 for the year ended December 31, 2024 names JAMES A SPENCER.
Who are the officers and directors of ONE PARENT ONE DREAM FOUNDATION?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does ONE PARENT ONE DREAM FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $412,426, expenses of $106,905 and total assets of $321,466 at year end.

Other nonprofits in TUPELO

All nonprofits in TUPELO · Mississippi · Human services