Is One Life Network Inc Legit?

Quick charity verification for One Life Network Inc (EIN: 208973283)

Verdict: One Life Network Inc appears trustworthy

85/100Mission Score
$1.3MRevenue
$598KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

One Life Network Inc. demonstrates a consistent operational pattern, with expenses closely tracking revenue over the past decade. For instance, in 2023, expenses were $1,385,168 against revenues of $1,383,761, indicating a tight budget. The organization has experienced a notable decline in revenue from a peak of over $2.2 million in 2018 to $1.38 million in 2023, which warrants further investigation into its funding model and program reach. Despite this, the organization maintains a healthy asset base relative to its liabilities, with assets of $610,782 and liabilities of $9,059 in 2023, suggesting good financial stewardship in managing its balance sheet. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards its mission, rather than executive salaries. This practice is commendable and enhances trust in the organization's financial integrity.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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