One By One Inc
One By One Inc operates on a minimal budget with balanced revenue and expenses in its latest filing.
EIN: 20615542 · Mt Pleasant, SC · NTEE: P013 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $300 |
| Total Expenses | $452 |
| Program Spending | 100% |
| CEO/Top Officer Pay | $452 |
| Net Assets | $395 |
| Transparency Score | 85/100 |
Is One By One Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
One By One Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About One By One Inc
One By One Inc (EIN: 20615542) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code P013. The organization reported total revenue of $300 and total assets of $395 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of One By One Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
One By One Inc is a micro nonprofit that has been operating for 24 years, with 3 years of IRS 990 filings on record (2022–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $452 |
| Total Expenses | $452 |
| Surplus / Deficit | +$0 |
| Total Assets | $395 |
| Net Assets | $395 |
| Operating Margin | 0.0% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2024, One By One Inc reported a surplus of $0 with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates One By One Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, One By One Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is appropriate for an organization of this extremely small size ($452 revenue).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of One By One Inc's IRS 990 filings:
- Extremely low revenue and assets, indicating very limited operational capacity
- Lack of detailed expense breakdown in simplified filings limits transparency into program vs. administrative spending
Strengths
The following positive indicators were identified for One By One Inc:
- Zero officer compensation, indicating a volunteer-driven model
- No liabilities reported across all filings, suggesting financial prudence
- Balanced budget in the most recent filing (202406), showing responsible financial management for its size
Frequently Asked Questions about One By One Inc
Is One By One Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, One By One Inc (EIN: 20615542) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does One By One Inc spend its money?
One By One Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to One By One Inc tax-deductible?
One By One Inc is registered as a tax-exempt nonprofit (EIN: 20615542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the One By One Inc CEO make?
One By One Inc's highest-compensated officer earns $452 annually. The organization reported $300 in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does One By One Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), One By One Inc is above average for NTEE category P013 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is One By One Inc located?
One By One Inc is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 20615542. It is classified under NTEE code P013.
How many years of IRS 990 filings does One By One Inc have?
One By One Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $300 in total revenue.
Is One By One Inc a good charity?
Based on the available IRS 990 data, One By One Inc appears to be a very small, volunteer-run organization with no officer compensation and a balanced budget in its most recent filing. Its financial activity is minimal, making it difficult to assess impact, but its operational efficiency (no paid executives) is a positive sign for a charity of its scale.
What is the primary focus of One By One Inc's spending?
With only $452 in total expenses reported in the latest filing and no specific breakdown, it's assumed that all spending is directed towards its mission (programs), as there's no indication of administrative or fundraising costs. The NTEE code P013 suggests a focus on 'Human Services - Multipurpose and Other N.E.C.'.
How has One By One Inc's financial health changed over time?
One By One Inc has shown fluctuating financial activity. After periods of no revenue/expenses (202306) and expenses exceeding revenue (202206: $0 revenue, $350 expenses), the organization achieved a balanced budget in its latest filing (202406: $452 revenue, $452 expenses), indicating improved financial management or increased activity.
Filing History
IRS 990 filing history for One By One Inc showing financial trends over 3 years of public records:
Total assets increased by 400% over the same period, from $79 to $395. Total functional expenses rose by 29.1%, from $350 to $452. In its most recent filing year (2024), One By One Inc reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $452 | $452 | $395 | $0 | — | — |
| 2023 | $0 | $0 | $79 | $0 | — | — |
| 2022 | $0 | $350 | $79 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $452, expenses of $452, and assets of $395.
- 2023: Revenue of $0, expenses of $0, and assets of $79.
- 2022: Revenue of $0, expenses of $350, and assets of $79.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for One By One Inc:
Data Sources and Methodology
This transparency report for One By One Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.