One Life Network Inc
One Life Network Inc. experiences declining revenue while maintaining low liabilities and no reported officer compensation.
EIN: 208973283 · Evansville, IN · NTEE: X20 · Updated: 2026-03-28
Is One Life Network Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
One Life Network Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About One Life Network Inc
One Life Network Inc (EIN: 208973283) is a nonprofit organization based in Evansville, IN, classified under NTEE code X20. The organization reported total revenue of $1.3M and total assets of $598K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of One Life Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates One Life Network 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, One Life Network Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
One Life Network Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly unusual and commendable practice for an organization of its size, suggesting a strong volunteer leadership model or that compensation is covered by other means not reported as officer compensation.
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 Life Network Inc's IRS 990 filings:
- Significant and consistent decline in annual revenue over the past five years, from $2.2 million in 2018 to $1.38 million in 2023, which could impact long-term sustainability.
- Unusually low liabilities relative to assets, which while positive, could also indicate a very conservative approach to growth or underutilization of available financial tools.
Strengths
The following positive indicators were identified for One Life Network Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds towards the mission.
- Healthy asset-to-liability ratio, demonstrating strong financial management and stability (e.g., $610,782 assets vs. $9,059 liabilities in 2023).
- Expenses closely align with revenue, suggesting efficient budgeting and operational control.
- Low fundraising and administrative costs, indicating a high percentage of spending directly on programs.
Frequently Asked Questions about One Life Network Inc
Is One Life Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, One Life Network Inc (EIN: 208973283) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does One Life Network Inc spend its money?
One Life Network Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to One Life Network Inc tax-deductible?
One Life Network Inc is registered as a tax-exempt nonprofit (EIN: 208973283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant decline in revenue from $2.2 million in 2018 to $1.38 million in 2023?
The IRS 990 filings show a clear downward trend in revenue, but do not specify the underlying reasons. This could be due to changes in funding sources, grant availability, or program scope.
How does One Life Network Inc. sustain its operations without reporting any officer compensation?
The filings consistently show 0% officer compensation. This suggests that leadership may be entirely volunteer-based, compensated through a related entity, or that compensation is categorized differently within the expense structure, which would require further clarification.
What are the primary program activities of One Life Network Inc. given its NTEE code X20 (Religious Philanthropy)?
While the NTEE code indicates religious philanthropy, the 990 filings provide only high-level financial data. A detailed understanding of specific program activities would require reviewing the organization's website or program descriptions.
Filing History
IRS 990 filing history for One Life Network Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), One Life Network Inc's revenue has grown by 113.1%, moving from $649K to $1.4M. Total assets increased by 17.9% over the same period, from $518K to $611K. Total functional expenses rose by 719.6%, from $169K to $1.4M. In its most recent filing year (2023), One Life Network Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $9K in liabilities against $611K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $602K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $611K | $9K | — | — |
| 2022 | $1.5M | $1.6M | $626K | $23K | — | View 990 |
| 2021 | $1.5M | $2.1M | $704K | $9K | — | View 990 |
| 2020 | $2.1M | $2.0M | $1.3M | $12K | — | View 990 |
| 2018 | $2.2M | $2.1M | $1.3M | $3K | — | View 990 |
| 2017 | $2.0M | $2.1M | $1.2M | $26K | — | View 990 |
| 2016 | $2.2M | $2.2M | $1.3M | $35K | — | View 990 |
| 2015 | $2.1M | $2.1M | $1.4M | $181K | — | View 990 |
| 2014 | $2.1M | $1.8M | $1.5M | $256K | — | View 990 |
| 2013 | $1.8M | $1.8M | $989K | $22K | — | View 990 |
| 2012 | $1.7M | $1.5M | $991K | $33K | — | View 990 |
| 2011 | $1.3M | $1.1M | $751K | $43K | — | View 990 |
| 2010 | $649K | $169K | $518K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $611K (revenue -7.8% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.6M, and assets of $626K (revenue -1.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $2.1M, and assets of $704K (revenue -29.3% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.0M, and assets of $1.3M (revenue -3.1% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.1M, and assets of $1.3M (revenue +8.9% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.1M, and assets of $1.2M (revenue -7.7% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.2M, and assets of $1.3M (revenue +7.1% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.1M, and assets of $1.4M (revenue -3.8% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.8M, and assets of $1.5M (revenue +17.7% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.8M, and assets of $989K (revenue +4.6% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.5M, and assets of $991K (revenue +30.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.1M, and assets of $751K (revenue +105.9% year-over-year).
- 2010: Revenue of $649K, expenses of $169K, and assets of $518K.
Data Sources and Methodology
This transparency report for One Life Network 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.