One Equal Heart Foundation
One Equal Heart Foundation consistently allocates a high percentage of expenses to programs with no reported officer compensation.
EIN: 203917811 · Seattle, WA · NTEE: T99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $423K |
| Total Expenses | $350K |
| Program Spending | 85% |
| Net Assets | $429K |
| Transparency Score | 92/100 |
Is One Equal Heart Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
One Equal Heart Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About One Equal Heart Foundation
One Equal Heart Foundation (EIN: 203917811) is a nonprofit organization based in Seattle, WA, classified under NTEE code T99. The organization reported total revenue of $423K and total assets of $547K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of One Equal Heart Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
One Equal Heart Foundation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $402K |
| Total Expenses | $350K |
| Surplus / Deficit | +$52K |
| Total Assets | $510K |
| Total Liabilities | $81K |
| Net Assets | $429K |
| Operating Margin | 12.9% |
| Debt-to-Asset Ratio | 15.9% |
| Months of Reserves | 17.5 months |
Financial Health Grade: A
In 2023, One Equal Heart Foundation reported a surplus of $52K with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 15.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), One Equal Heart Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +66.1% | +20.9% | +17.3% |
| 2022 | -23.4% | +4.3% | -8.1% |
| 2021 | -7.4% | -0.3% | +9.6% |
| 2020 | +40.6% | +46.7% | +29.2% |
| 2019 | -16.2% | -6.8% | +23.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Equal Heart Foundation with a Mission Score of 92 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, One Equal Heart Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $52K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive team or compensation levels that do not meet the reporting threshold for officers, which is highly favorable for donor perception and resource allocation.
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.
Strengths
The following positive indicators were identified for One Equal Heart Foundation:
- Strong program spending ratio (85% in 2023)
- Consistent reporting of 0% officer compensation
- Positive trend in revenue and assets over the past decade
- Healthy balance sheet with low liabilities relative to assets
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about One Equal Heart Foundation
Is One Equal Heart Foundation a legitimate charity?
One Equal Heart Foundation (EIN: 203917811) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $423K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does One Equal Heart Foundation spend its money?
One Equal Heart Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to One Equal Heart Foundation tax-deductible?
One Equal Heart Foundation is registered as a tax-exempt nonprofit (EIN: 203917811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of One Equal Heart Foundation's spending goes to programs?
One Equal Heart Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does One Equal Heart Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), One Equal Heart Foundation is above average for NTEE category T99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is One Equal Heart Foundation located?
One Equal Heart Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 203917811. It is classified under NTEE code T99.
How many years of IRS 990 filings does One Equal Heart Foundation have?
One Equal Heart Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $423K in total revenue.
Is One Equal Heart Foundation a good charity?
Based on the provided data, One Equal Heart Foundation appears to be a good charity. It demonstrates strong financial health with growing revenue and assets, a high percentage of spending dedicated to programs (85% in 2023), and a notable commitment to transparency with 0% officer compensation reported across all filings.
How has One Equal Heart Foundation's revenue trended over time?
One Equal Heart Foundation has shown a positive revenue trend, growing from $166,518 in 2014 to $402,021 in 2023, indicating increasing support and financial capacity.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, suggesting that its leadership is either entirely volunteer-based or compensated at levels below the reporting threshold, which is a strong indicator of fiscal prudence.
Filing History
IRS 990 filing history for One Equal Heart Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), One Equal Heart Foundation's revenue has grown by 272.9%, moving from $108K to $402K. Total assets increased by 1499.8% over the same period, from $32K to $510K. Total functional expenses rose by 293%, from $89K to $350K. In its most recent filing year (2023), One Equal Heart Foundation reported a surplus of $52K, with revenue exceeding expenses. The organization holds $81K in liabilities against $510K in assets (debt-to-asset ratio: 15.9%), resulting in net assets of $429K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $402K | $350K | $510K | $81K | — | — |
| 2022 | $242K | $290K | $435K | $58K | — | — |
| 2021 | $316K | $278K | $473K | $49K | — | View 990 |
| 2020 | $341K | $278K | $432K | $45K | — | — |
| 2019 | $243K | $190K | $334K | $10K | — | View 990 |
| 2018 | $289K | $204K | $272K | $411 | — | View 990 |
| 2017 | $211K | $81K | $186K | $271 | — | View 990 |
| 2016 | $200K | $189K | $57K | $254 | — | View 990 |
| 2015 | $172K | $156K | $47K | $0 | — | View 990 |
| 2014 | $167K | $144K | $31K | $0 | — | View 990 |
| 2013 | $122K | $144K | $9K | $0 | — | View 990 |
| 2012 | $88K | $92K | $29K | $0 | — | View 990 |
| 2011 | $108K | $89K | $32K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $402K, expenses of $350K, and assets of $510K (revenue +66.1% year-over-year).
- 2022: Revenue of $242K, expenses of $290K, and assets of $435K (revenue -23.4% year-over-year).
- 2021: Revenue of $316K, expenses of $278K, and assets of $473K (revenue -7.4% year-over-year).
- 2020: Revenue of $341K, expenses of $278K, and assets of $432K (revenue +40.6% year-over-year).
- 2019: Revenue of $243K, expenses of $190K, and assets of $334K (revenue -16.2% year-over-year).
- 2018: Revenue of $289K, expenses of $204K, and assets of $272K (revenue +37.5% year-over-year).
- 2017: Revenue of $211K, expenses of $81K, and assets of $186K (revenue +5.5% year-over-year).
- 2016: Revenue of $200K, expenses of $189K, and assets of $57K (revenue +16.2% year-over-year).
- 2015: Revenue of $172K, expenses of $156K, and assets of $47K (revenue +3.1% year-over-year).
- 2014: Revenue of $167K, expenses of $144K, and assets of $31K (revenue +36.0% year-over-year).
- 2013: Revenue of $122K, expenses of $144K, and assets of $9K (revenue +39.9% year-over-year).
- 2012: Revenue of $88K, expenses of $92K, and assets of $29K (revenue -18.8% year-over-year).
- 2011: Revenue of $108K, expenses of $89K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for One Equal Heart Foundation:
Data Sources and Methodology
This transparency report for One Equal Heart Foundation 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.