2023-11-14T09:22:27-06:00 2022-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-01-01 462746860 ONLY ONE INC ONLY 3473953941 395 HUDSON AVE 8TH FL NEW YORK NY 10014 ALLEN PENN CHAIRMAN 3473953941 2023-11-14 1 ALLEN PENN XXX-XX-XXXX 0 RICHARD J LOCASTRO CPA P00288314 3019519090 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ALLEN PENN 395 HUDSON AVE 8TH FL NEW YORK NY 10014 8151463 0 X ONLY.ONE X 2013 DE SEE PART III, LINE 1. 5 5 36 6 0 0 9538419 7824032 299915 280175 0 0 -4231 1719 9834103 8105926 271092 777268 0 0 2380725 3394170 0 0 871878 5548937 5418393 8200754 9589831 1633349 -1483905 3262058 1353948 453065 223352 2808993 1130596 HARNESS THE POWER OF STORYTELLING, COLLECTIVE ACTION, AND CROWDFUNDING TO REBUILD OCEAN LIFE FOR PEOPLE AND NATURE. 0 0 7406225 777268 280175 ONLY ONE'S SIGNIFICANT ACCOMPLISHMENTS IN 2022 INCLUDE: (1) ACTIVATING GLOBAL AUDIENCES FOR MARINE AND SPECIES PROTECTION GLOBALLY; (2) GROWING OUR BASE OF SUBSCRIBERS TO FUND OCEAN IMPACT AROUND THE WORLD; (3) DEVELOPING AND DISTRIBUTING CONTENT TO DRIVE AWARENESS. 7406225 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 38 0 1 36 1 0 1 CA 0 0 0 1 1 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 1 0 CA MA NJ NY X KARA MCCARTHY 3473953941 395 HUDSON AVE 8TH FL NEW YORK NY 10014 ALLEN PENN CHAIRMAN 2.00 X X 0 0 0 BEN STEIN SECRETARY 1.00 X X 0 0 0 JOHN PETRY DIRECTOR 1.00 X 0 0 0 ARTHUR HEILBRONN DIRECTOR 1.00 X 0 0 0 COURTNEY NICHOLS GOULD DIRECTOR 1.00 X 0 0 0 JEREMIAH KITTREDGE CEO 40.00 X 199951 0 97 AARON KINNARI HEAD OF ADVOCACY AND GROWTH 40.00 X 294712 0 13041 MAISSA RABABY HEAD OF CONTENT 40.00 X 244150 0 0 DEAN FISCHER HEAD OF PRODUCT 40.00 X 163609 0 0 KARA MCCARTHY HEAD OF OPERATIONS 40.00 X 151888 0 1559 SHAWN HEINRICHS LEAD STORYTELLER 20.00 X 216672 0 0 DOROTHY SANDERS HEAD OF DESIGN 40.00 X 144496 0 0 ANDY MANN FELLOW (THROUGH 06/22) 40.00 X 125603 0 0 CHRIS LEE ACCOUNTANT 40.00 X 117500 0 0 ELLEN SANDMEYER HEAD OF DEVELOPMENT (THROUGH 06/22) 40.00 X 106731 0 2490 1765312 0 17187 11 0 1 0 PAUL NICKLEN PHOTOGRAPHY INC 3357 COHO LANE NANOOSE BAY BRITISH COLUMBIA CA V9P 9H9 EXP. LEAD. & PRINCIPAL ARTIST 355000 DRIFTIME MEDIA 2 87 GOLDSTONE ROAD HOVE UK BN3 3RG DES. & PROD. MGMT SUPPORT 277909 CRISTINA MITTERMEIER PHOTOGRAPHY LTD 3357 COHO LANE NANOOSE BAY BRITISH COLUMBIA CA V9P 9H9 EXP. LEAD. & PRINCIPAL ARTIST 190025 MOCA TECNOLOGIA DA INFORMACAO LTDA ME RUA PAISSANDU 93/304 FLAMENGO BR 22210-080 PRODUCT ENGINEER 162841 ISLAND HOUSE MAHOGANY HILL WESTERN RD PO BOX N- NASSAU BF HOSPITALITY SERVICES & EVENT SPACE 153594 11 177927 7646105 7824032 EXPEDITION REVENUE 900099 280175 280175 280175 47256 177927 45537 1719 1719 8105926 280175 0 1719 X 249935 249935 527333 527333 1069007 612372 255258 201377 1858193 1669107 3965 185121 56883 44395 5004 7484 32978 28809 1205 2964 377109 294317 33177 49615 96924 96924 25700 25700 1608645 1131499 477137 9 53629 4311 49318 268148 231112 15384 21652 176653 137815 18012 20826 179247 60296 118951 346659 310933 35477 249 100249 50587 41519 8143 9386 771 8491 124 MOVEMENT GROWTH 1217883 852518 365365 EXPEDITIONS 776250 776250 ARTWORK & FILM PROD. 361137 361137 CC PROCESSING FEES 80219 6588 72570 1061 117664 56140 53636 7888 9589831 7406225 1311728 871878 X 1217883 852518 0 365365 1628518 706929 1055099 370000 107000 147127 79530 129870 71252 126201 58618 198113 0 138871 3262058 1353948 418315 223352 34750 453065 223352 X 1823894 760596 985099 370000 2808993 1130596 3262058 1353948 X -1483905 -194492 X 0 1 X 1 0 X 1001817 5910073 7139085 9538419 7824032 31413426 1001817 5910073 7139085 9538419 7824032 31413426 4710379 26703047 0 0 1719 1719 31415145 966025 0.85000 0.89750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 67092 40894 26198 62778 30358 32420 58618 DEPOSITS 138871 138871 X 8151463 45537 45537 8105926 0 8105926 9635368 45537 45537 9589831 0 9589831 PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2022, ONLY ONE, INC. HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE REPORTED AS AN EXPENSE ON THE 45,537. FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 8B. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE REPORTED AS AN EXPENSE ON THE 45,537. FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 8B. 1 NORTH AMERICA 1 54 PROGRAM SERVICES OFFICE OVERHEAD, EXPEDITION & PHOTOGRAPHY CONTRACT SERVICES, MEDIA MGMT SERVICES, TRAVEL AND EMPLOYMENT EXPENSES. 1387907 EUROPE (INCLUDING ICELAND & GREENLAND) 0 27 PROGRAM SERVICES EXPEDITION & PHOTOGRAPHY CONTRACT SERVICES, CONTENT CONTRACT SERVICES AND EMPLOYMENT EXPENSES. 1354108 EAST ASIA AND THE PACIFIC 0 3 PROGRAM SERVICES EXPEDITION & PHOTOGRAPHY CONTRACT SERVICES AND CONTENT CONTRACT SERVICES. 71366 CENTRAL AMERICA AND THE CARIBBEAN 0 6 PROGRAM SERVICES EXPEDITION & PHOTOGRAPHY CONTRACT SERVICES, CONTENT CONTRACT SERVICES AND TRAVEL EXPENSES. 191921 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES EMPLOYMENT EXPENSES 85149 SOUTH AMERICA 0 1 PROGRAM SERVICES TECHNOLOGY CONTRACT SERVICES 162841 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 64000 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 30000 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 15000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 30000 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 150000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 110000 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 128333 1 92 0 0 1 92 3347292 433333 3780625 CENTRAL AMERICA AND THE CARIBBEAN SHARK PROTECTION 30000 WIRE 0 SOUTH ASIA PLASTIC REMOVAL 15000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) VERIFIABLY RECOVER OCEAN-BOUND PLASTIC WASTE 30000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) STUDY THE IMPACTS OF PLASTIC ON HUMAN HEALTH 30000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) CORAL PLANTING AND MAINTENANCE 50000 WIRE 0 NORTH AMERICA THE REBUILDING OF WILD FISH POPULATIONS 150000 WIRE 0 EAST ASIA AND THE PACIFIC TO COLLECT 50,000 KILOS OF PLASTICS BY INSTALLING FLOAT BARRIERS AND OPERATE SORTING FACILITY 45000 WIRE 0 MIDDLE EAST AND NORTH AFRICA MANGROVE PLANTING 64000 WIRE 0 EAST ASIA AND THE PACIFIC CORAL REEF RESTORATION 53333 WIRE 0 EAST ASIA AND THE PACIFIC PLASTIC REMOVAL 30000 WIRE 0 1 9 GENERAL FUNDING SOUTH AMERICA 1 30000 WIRE 1 0 0 0 0 0 PART I, LINE 2: ONLY ONE REGULARLY DISTRIBUTED GRANTS IN TO ORGANIZATIONS ACHIEVING OCEAN IMPACT. THEY ARE REQUIRED TO SEND TWO GRANT REPORTS ANNUALLY. PART III ACCOUNTING METHOD: FORE THE OCEAN 225183 177927 47256 26236 13995 5306 225183 177927 47256 26236 13995 5306 45537 1719 1 CODE REDD 242 REDWOOD HWY MILL VALLEY CA 94941 460888828 501(C)(3) 102435 0 CARBON REDUCTION EDEN REFORESTATION 303 W FOOTHILL BLVD UNIT 13 GLENDORA CA 91741 954804581 501(C)(3) 112500 0 TREE PLANTING NEW YORK HARBOR FOUNDATION 10 SOUTH STREET SLIP 7 NEW YORK NY 10004 272918478 501(C)(3) 30000 0 OYSTER REEF RESTORATION 3 0 PART I, LINE 2: ONLY ONE REGULARLY DISTRIBUTED GRANTS IN TO ORGANIZATIONS ACHIEVING OCEAN IMPACT. THEY ARE REQUIRED TO SEND TWO GRANT REPORTS ANNUALLY. X 1 1 X X 0 0 0 0 0 0 0 1 0 AARON KINNARI HEAD OF ADVOCACY AND GROWTH 262712 0 32000 0 0 0 0 0 13041 0 307753 0 0 0 MAISSA RABABY HEAD OF CONTENT 210227 0 33923 0 0 0 0 0 0 0 244150 0 0 0 SHAWN HEINRICHS LEAD STORYTELLER 216672 0 0 0 0 0 0 0 0 0 216672 0 0 0 JEREMIAH KITTREDGE CEO 199951 0 0 0 0 0 0 0 97 0 200048 0 0 0 DEAN FISCHER HEAD OF PRODUCT 163609 0 0 0 0 0 0 0 0 0 163609 0 0 0 KARA MCCARTHY HEAD OF OPERATIONS 129696 0 22192 0 0 0 0 0 1559 0 153447 0 0 0 PART I, LINE 1A ALL STAFF ARE ASSIGNED A $1500 STIPEND TO SUPPORT REMOTE WORKING OFFICE SUPPLIES, MENTAL OR PHYSICAL HEALTH EXPENSES AND OR PROFESSIONAL DEVELOPMENT. PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED BONUSES: AARON KINNARI $32,000 MAISSA RABABY $33,923 KARA MCCARTHY $22,192 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS PREPARED BY OUTSIDE ACCOUNTANT AND REVIEWED BY SENIOR MANAGEMENT. THE FINAL FORM 990 WAS REVIEWED BY THE ORGANIZATION'S GOVERNING BODY PRIOR TO THE RETURN BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUAL INTERESTS THAT COULD GIVE RISE TO CONFLICT. THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. EACH DIRECTOR, OFFICER OR MEMBER OF A COMMITTEE OF THE ORGANIZATION IS UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE BOARD OR COMMITTEE AS SOON AS IT IS KNOWN OR REASONABLY SHOULD BE KNOWN. WHENEVER A DIRECTOR, OFFICER OR STAFF MEMBER HAS A DIRECT OR INDIRECT FINANCIAL OR PERSONAL INTEREST IN ANY MATTER, THE AFFECTED PERSON A) FULLY DISCLOSES THE NATURE OF THE INTEREST AND B) WITHDRAWS FROM DISCUSSION, LOBBYING, AND VOTING ON THE MATTER. ANY TRANSACTION OR VOTE INVOLVING A POTENTIAL CONFLICT OF INTEREST IS APPROVED ONLY WHEN A MAJORITY OF DISINTERESTED DIRECTORS DETERMINE THAT IT IS IN THE BEST INTEREST OF THE CORPORATION TO DO SO. THE MINUTES OF MEETINGS AT WHICH SUCH VOTES ARE TAKEN RECORDS SUCH DISCLOSURE, ABSTENTION AND RATIONALE FOR APPROVAL. IN DETERMINING WHETHER TO APPROVE OR CONTINUE A CONTRACT OR TRANSACTION, THE DISINTERESTED DIRECTORS TAKES INTO ACCOUNT THE RESTRICTIONS REGARDING SELF DEALING UNDER SECTION 4941 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. IN ADDITION, EACH DIRECTOR, OFFICER OR STAFF MEMBER MUST REPORT PROMPTLY TO THE BOARD OF DIRECTORS ANY POTENTIAL CONFLICT OF INTEREST WHENEVER IT ARISES. THE BOARD OF DIRECTORS ADOPTS A CONFLICT OF INTEREST POLICY AS THEY MAY DEEM NECESSARY AND APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED USING A FULL AUDIT SYSTEM AND TOOLS TO MAKE SURE THAT SALARIES ARE BASED ON COMPARABLE MARKET VALUES AND NOT WITHOUT DIRECTION. THE COMPENSATION REVIEW PROCESS FOR THE TOP MANAGEMENT OFFICIAL IS COMPLETED BY INDEPENDENT PERSONS AND IS DISCUSSED AND DOCUMENTED. THE LAST COMPENSATION REVIEW TOOK PLACE IN NOVEMBER 2022. THE COMPENSATION REVIEW PROCESS FOR OTHER OFFICERS AND KEY EMPLOYEES IS CONDUCTED BY THE CEO USING COMPARABLE MARKET VALUES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PRODUCTION SERVICES: PROGRAM SERVICE EXPENSES 831,533. MANAGEMENT AND GENERAL EXPENSES 351,107. FUNDRAISING EXPENSES 7. TOTAL EXPENSES 1,182,647. OPERATIONAL SERVICES: PROGRAM SERVICE EXPENSES 299,966. MANAGEMENT AND GENERAL EXPENSES 126,030. FUNDRAISING EXPENSES 2. TOTAL EXPENSES 425,998. FORM 990, PART XI, LINE 9: TRANSFER OF ASSETS - SEE BELOW -194,492. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS (EXPLANATION): THIS REDUCTION IN NET ASSETS RESULTS FROM THE ESTABLISHMENT OF A NEWLY FORMED ORGANIZATION IN 2022. CERTAIN OPERATIONS, AND ASSETS INCLUDING EQUIPMENT AND COMPUTERS WERE TRANSFERRED OUT OF ONLY ONE TO THE NEW ENTITY DURING THIS PROCESS AND RESULTED IN THE CORRESPONDING LOSS ON THE TRANSFER.