ONE DC's web site offers its own 5 year review that includes a Financial Standing report for the calendar year ending 12/31/2011. The figures show that ONE DC raised 40 to 60% LESS than budgeted in EACH of its fundraising categories. Income plummeted, program spending (and program impact?) was slashed, and still a $169,000 deficit was generated. That is more than half their annual budget., The deficit forced the group to further cut its reserve funds by $100,000. The organization's 990 reports show it has had large deficits and depletion of its assets for several years in a row now. It does not seem to be able to sustain itself and to stop bleeding cash. What does it need to change and soon to survive, let alone thrive and be the effective organizing group that DC needs?
This group is trying to pioneer a perspective and policies that will preserve low income neighborhoods and empower residents. It is brave, vocal and willing to alienate politicians, depending on its members to press for changes.
Yet it seems to do more on injustice analysis and noting problems with the system than producing promised or tangible results. Several of its promised programs or initiatives were dropped or have been on hold. Can they sustain and grow programs?
No organizing of tenants now. No housing coops program. The City will not agree to ONE DC's major position to redefine low income affordable housing eligibility. The fight over a City land parcel in the end produced little that was tangible. Residents have yet to get promised new hotel jobs. And now a major study questions the effectiveness of first source job training and hiring programs for the unemployed in DC. The focus on the Shaw neighborhood has been dropped for a more city wide focus. The Barry Farms project has been dropped. Where is the focus now? Core leadership does not appear to be expanding.