Is The Onestar Foundation Legit?

Quick charity verification for The Onestar Foundation (EIN: 200445492)

Verdict: The Onestar Foundation appears trustworthy

85/100Mission Score
$31.3MRevenue
$4.8MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Onestar Foundation demonstrates consistent financial activity with revenues closely matching expenses across all reported periods, indicating a pass-through or grant-making operational model. For example, in 2023, both revenue and expenses were $28,303,694. This pattern suggests that funds received are largely disbursed within the same fiscal year. The organization's assets have shown growth, from $477,440 in 2016 to $4,276,760 in 2023, which is a positive trend, although the consistent matching of assets and liabilities (e.g., $4,276,760 in both for 2023) suggests a specific accounting structure, possibly related to grants payable or similar obligations. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a volunteer-led executive team or compensation being covered by a related entity, which warrants further investigation for complete transparency.

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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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