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

Information in this report was supplied by the nonprofit organization within the last two years.

Executive:	Mr. Rey Ramsey
Contact:	Ms. Rachele Byrne , External Affairs Associate
Telephone:	(202) 393-0051
Fax:	(202) 393-7260
E-mail:	rbyrne@one-economy.com
Web Site:	http://www.one-economy.com

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. Program / Activities Community Improvement, Capacity Building N.E.C. 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 Canada, Jordan, South Africa, Turkey

BASIC INFORMATION
EIN:	52-2220052
Fiscal Year:	2008
Assets:	$16,386,634
Income:	$7,202,739
Ruling Year:	2000
Year Founded:	2000
No. of Board Members:	15
No. of Full-time Employees:	21-100
No. of Part-time Employees:	6-10
No. of Volunteers:	6-10
One Economy Corporation makes its audited financial statements available to the public upon request.

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 12/31/2008

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

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

From the organization's FORM 990   Data Accuracy

Revenue			Expenses
Contributions $16,739,145 Government Grants $53,890 Program Services $2,766,335 Investments $124,002 Special Events $0 Sales $0 Other $105,728			Program Services $9,694,548 Administration $274,120 Other $812,892  Total Expenditures $10,781,560
Total Revenue	$19,789,100		NET GAIN/LOSS	$9,007,540

Balance Sheet: Fiscal Year Ending December 31, 2007

Notes
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.

Assets	Jan 1, 2007	Dec 31, 2007	Change
Cash & Equivalent	$2,105,667	$5,446,947	$3,341,280
Accounts Receivable	$1,253,804	$1,657,312	$403,508
Pledges & Grants Receivable	$9,147,372	$14,558,282	$5,410,910
Receivables/Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investments/Securities	$21,167	$47,842	$26,675
Investments/Other	$0	$0	$0
Fixed Assets	$0	$0	$0
Other	$71,950	$104,061	$32,111
Total Assets	$12,599,960	$21,814,444	$9,214,484
Liabilities	Jan 1, 2007	Dec 31, 2007	Change
Accounts Payable	$277,780	$428,593	$150,813
Grants Payable	$0	$0	$0
Deferred Revenue	$12,282	$42,471	$30,189
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$290,062	$471,064	$181,002
FUND BALANCE	$12,309,898	$21,343,380	$9,033,482

Leaders of the Organization

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

Rey Ramsey, President & CEO, One Economy	Milton Little, President & Chief Professional Officer, United Way of Metropolitan Atlanta
Marvin Siflinger, Chairman, Housing Partners, Inc.	Laura K. Ipsen, Senior Vice President of Worldwide Government Affairs, Cisco Systems Inc.
Don Emery, Partner, 20/80 Ideas	William Kennard, Managing Director, The Carlyle Group
Ben Hecht, CEO, Living Cities	Elizabeth Furse, Professor, College of Urban and Public Affairs, Portland State University
Jane Metcalfe, Partner, Força da Imaginaçao; Founder, Wired Magazine	Gloria Guard, President, People's Emergy Center
Michael J. Roche, Senior Vice President, Allstate Insurance Company	Bruce Mehlman, co-Founding Partner, Mehlman Vogel Castagnetti Inc
Ben Ginsberg, Partner, Patton Boggs LLP	Stacey Davis Stewart, Senior Vice President, Fannie Mae
Josh Becker, Chairman

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