2024-05-15T15:37:41-05:00 2023-06-30 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DR SUITE 1600 CHICAGO IL 60611 990 2022-07-01 421710230 ONE MILLION DEGREES ONEM 3129209605 180 N WABASH 310 CHICAGO IL 60601 ANEESH SOHONI CEO 3129209605 2024-05-10 1 ANEESH SOHONI 999009999 0 JAMES QUAID P00641738 3126707444 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANEESH SOHONI 180 N WABASH 310 CHICAGO IL 60601 26412699 0 X WWW.ONEMILLIONDEGREES.ORG X 2006 IL TO ACCELERATE COMMUNITY COLLEGE STUDENTS' PROGRESS ON CAREER PATHWAYS TO ECONOMIC MOBILITY 15 15 63 519 0 0 4936883 25702691 179806 341442 46393 249178 12595 -141084 5175677 26152227 589236 650718 0 0 3062747 4741891 0 0 750348 1090083 1530743 4742066 6923352 433611 19228875 7262880 25793712 951577 257305 6311303 25536407 X TO ACCELERATE COMMUNITY COLLEGE STUDENTS' PROGRESS ON CAREER PATHWAYS TO ECONOMIC MOBILITY 0 0 3710879 INDIVIDUALIZED SUPPORT - OMD PROGRAM STAFF REGULARLY COMMUNICATE WITH CASELOADS OF SCHOLARS, BECOMING TRUSTED ADVISORS AND ADVOCATES. STAFF MEMBERS ENCOURAGE SCHOLARS TO HOLD THEMSELVES ACCOUNTABLE AS THEY PROGRESS TOWARD THEIR GOALS BY USING MOTIVATIONAL INTERVIEWING AND REGULAR PERFORMANCE EVALUATIONS THAT GIVE SCHOLARS THE OPPORTUNITY TO REFLECT ON THEIR PROGRESS AND THEIR CHALLENGES. PROGRAM STAFF ALSO MANAGE NEW STUDENT RECRUITMENT AND ONBOARDING, DATA COLLECTION AND ANALYSIS, PROGRAM VOLUNTEERS, AND THE CONTINUOUS IMPROVEMENT OF OMD PROGRAMMING AND CURRICULUM. 650718 650718 TUITION AND STIPENDS - OMD PROVIDED LAST-DOLLAR SCHOLARSHIPS (FUNDING TO COVER ANY GAPS BETWEEN A SCHOLAR'S FINANCIAL AID AWARD AND TUITION COSTS) AND EDUCATIONAL STIPENDS. THESE STIPENDS DEFRAY SCHOLARS' EDUCATIONAL EXPENSES SUCH AS BOOKS, TECHNOLOGY, TRANSPORTATION, AND CHILDCARE. OMD ALSO OFFERS ENRICHMENT GRANTS TO SCHOLARS WHO APPLY. THESE GRANTS CAN BE UP TO $250 AND ARE MEANT TO DEFRAY ONE-TIME COSTS THAT WILL HELP SCHOLARS ADVANCE IN THEIR CHOSEN CAREER, SUCH AS ORGANIZATION DUES, CONFERENCE FEES OR ACCREDITATION TEST COSTS. 34856 341442 STUDENT DEVELOPMENT - IN ADDITION TO THESE FINANCIAL SUPPORTS, OMD SCHOLAR DEVELOPMENT MODEL INCLUDES A ROBUST SET OF ACADEMIC, PERSONAL, AND PROFESSIONAL SUPPORTS. IN THE SCHOOL YEAR, OMD PROVIDED WEEKLY INDIVIDUALIZED TUTORING TO SCHOLARS AT ALL COLLEGE COURSE LEVELS. OMD HOSTS MONTHLY PERSONAL AND PROFESSIONAL DEVELOPMENT WORKSHOPS IN WHICH SCHOLARS LEARN BUSINESS COMMUNICATION SKILLS, PERSONAL FINANCIAL LITERACY AND PLANNING, CIVIC ENGAGEMENT AND LEADERSHIP DEVELOPMENT. THEY ARE ALSO MATCHED WITH ONE OF OMD'S VOLUNTEER COACHES WHO WORK WITH THEM ON PROFESSIONAL GOAL SETTING, RESUME DEVELOPMENT, INTERVIEW SKILLS, AND POST-GRADUATE CAREER PLANNING. SCHOLARS ALSO HAD THE OPPORTUNITY TO PARTICIPATE IN EXPERIENTIAL EVENTS TO APPLY THE SKILLS THEY ARE LEARNING. OK THESE EVENTS INCLUDE OMD'S CAREER AND RESOURCE FAIR, WHERE SCHOLARS HAVE THE OPPORTUNITY TO LEARN ABOUT JOB OPPORTUNITIES AND RESOURCES AVAILABLE IN THEIR COMMUNITY AND COLLEGES; AND SPEED NETWORKING - A NETWORKING EVENT WHERE SCHOLARS PRACTICE THEIR ELEVATOR PITCHES WITH VOLUNTEERS. 4396453 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 63 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X ANEESH SOHONI 3129209605 180 N WABASH SUITE 310 CHICAGO IL 60601 JUDY MARWICK CO-CHAIR OF THE BOARD 3.00 X X 0 0 0 THANIA PANOPOULOS CO-CHAIR OF THE BOARD 3.00 X X 0 0 0 ANDREW BEIDEMAN VICE CHAIR 3.00 X X 0 0 0 CONNIE MIXON SECRETARY 3.00 X X 0 0 0 ANDY WONG TREASURER 3.00 X X 0 0 0 MELISSA BEAN DIRECTOR 3.00 X 0 0 0 JOE DECOSMO DIRECTOR 3.00 X 0 0 0 ANDREW FEINBERG DIRECTOR 3.00 X 0 0 0 SAMEER GADKAREE DIRECTOR 3.00 X 0 0 0 ROSE LIZARRAGA DIRECTOR 3.00 X 0 0 0 DENISE POOLE DIRECTOR 3.00 X 0 0 0 LAURIE O'SHEA DIRECTOR 3.00 X 0 0 0 DAVID SCHERER DIRECTOR 3.00 X 0 0 0 EVETTE SIMON-WILLIAMS DIRECTOR 3.00 X 0 0 0 JOSEPH SKARDA DIRECTOR 3.00 X 0 0 0 ANEESH SOHONI CHIEF EXECUTIVE OFFICER 50.00 X 258661 0 48555 MERIDEL TRIMBLE CHIEF OPERATING OFFICER 50.00 X 164406 0 46762 PURACARINA GONZALEZ EXEC DIR OF CAMPUSWIDE EXPANSION 50.00 X 108244 0 26535 LUIS GONZALES EXEC DIR OF HUMAN RESOURCES 50.00 X 104390 0 20018 635701 0 141870 4 0 1 0 0 497951 1125200 24079540 25702691 APPRENTICESHIP PRGM 611710 341442 341442 341442 249178 249178 117500 497951 260472 -142972 -142972 MISCELLANEOUS REVENUE 900099 1888 1888 1888 26152227 341442 0 108094 X 650718 650718 348554 174277 174277 3617480 2515474 716263 385743 25038 13057 9434 2547 450999 305801 108288 36910 299820 211607 58830 29383 20105 20105 83487 83487 698686 274802 185813 238071 95952 58463 35547 1942 315603 49851 230642 35110 156576 17298 129673 9605 745 583 100 62 91851 61971 21310 8570 32882 27695 2782 2405 STUDENT DEVELOPMENT 34856 34856 6923352 4396453 1776551 750348 694581 303365 3080523 1912181 9133864 219261 85309 56791 153850 153850 0 0 4570809 12999908 7262880 25793712 224490 257305 268505 458582 951577 257305 X 4239642 12221786 2071661 13314621 6311303 25536407 7262880 25793712 19228875 -3771 0 X 0 1 X 1 0 X 5122882 4390929 4807406 4936883 25702691 44960791 5122882 4390929 4807406 4936883 25702691 44960791 18214674 26746117 62062 72044 19103 46393 249178 448780 2626 2496 1664 3900 1888 12574 45422145 551248 0.58880 0.82880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 489461 5956 495417 505295 -15834 489461 505123 172 505295 500000 5123 505123 500000 500000 0.39444 0.60556 0 0 153850 153850 0 0 X 26432471 -3771 229138 54877 280244 26152227 0 26152227 7207367 229138 54877 284015 6923352 0 6923352 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS CONSIST OF TWO INDIVIDUAL FUNDS ESTABLISHED TO SUPPORT OPERATIONS AND PROGRAMS. THE ENDOWMENT FUNDS INCLUDE A FUND DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS AN ENDOWMENT AND ONE DONOR-RESTRICTED FUND. PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ORGANIZATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSE 54,877. PART XII, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSE 54,877. ANNUAL GALA 615451 497951 117500 5917 12702 241853 615451 497951 117500 5917 12702 241853 260472 -142972 1 SCHOLARSHIP & STIPEND 654 507313 FMV ENRICHMENT & EMERGENCY GRANTS 230 143405 FMV PART I, LINE 2: OMD PROVIDES FINANCIAL ASSISTANCE TO ALL ACCEPTED SCHOLARS WHO COMPLETE REGULAR PERFORMANCE EVALUATIONS AND WHO PERFORM WELL IN THE OMD PROGRAM. SCHOLARSHIPS ARE DISBURSED ONCE OMD RECEIVES VERIFICATION OF SCHOLAR'S ENROLLMENT STATUS AND AN INVOICE IS RECEIVED FROM THEIR RESPECTIVE COLLEGE. X X X 0 0 0 0 0 0 0 0 0 ANEESH SOHONI CHIEF EXECUTIVE OFFICER 258661 0 0 0 0 0 33412 0 15143 0 307216 0 0 0 MERIDEL TRIMBLE CHIEF OPERATING OFFICER 164406 0 0 0 0 0 32859 0 13903 0 211168 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DAVID SCHERER AND ROSE LIZARRAGA - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF FORM 990 IS PROVIDED TO THE ORGANIZATION AND IS REVIEWED IN DETAIL FOR COMPLETENESS AND ACCURACY BY ALL MEMBERS OF ITS GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY MATTERS WHICH COULD CAUSE A CONFLICT OF INTEREST TO THE BOARD. ALL BOARD MEMBERS ARE AWARE THAT ANY CONFLICTS ARISING ARE REQUIRED TO BE DISCLOSED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15A THE AMOUNT WHICH CONSTITUTES FAIR AND REASONABLE COMPENSATIONS FOR THE CEO WILL BE DETERMINED BY THE FINANCE COMMITTEE. THE SALARIES ARE BASED UPON QUALIFICATIONS, THE AVAILABILITY OF ORGANIZATIONAL FUNDS AND A REVIEW OF COMPARABILITY DATA THAT DOCUMENTS COMPENSATION FOR SIMILARLY QUALIFIED INDIVIDUALS. DATA MAY INCLUDE: SALARY AND BENEFIT COMPENSATION STUDIES BY INDEPENDENT SOURCES; WRITTEN JOB OFFERS FOR FUNCTIONALLY COMPARABLE POSITONS AT SIMILAR ORGANIZATIONS; INFORMATION OBTAINED FROM IRS FORM 990 FILINGS FROM SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 270,913. MANAGEMENT AND GENERAL EXPENSES 148,469. FUNDRAISING EXPENSES 199,623. TOTAL EXPENSES 619,005. OTHER: PROGRAM SERVICE EXPENSES 3,889. MANAGEMENT AND GENERAL EXPENSES 37,344. FUNDRAISING EXPENSES 38,448. TOTAL EXPENSES 79,681.