One Love Skate
EIN: 471950400 · Kula, HI · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $98K |
| Net Assets | $17K |
Is One Love Skate Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About One Love Skate
One Love Skate (EIN: 471950400) is a nonprofit organization based in Kula, HI, classified under NTEE code X20. The organization reported total revenue of $112K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of One Love Skate's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
One Love Skate is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 71.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $98K |
| Surplus / Deficit | +$4K |
| Total Assets | $23K |
| Total Liabilities | $6K |
| Net Assets | $17K |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 26.7% |
| Months of Reserves | 2.8 months |
Financial Health Grade: A
In 2023, One Love Skate reported a surplus of $4K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 26.7% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), One Love Skate's revenue has grown at a compound annual growth rate (CAGR) of 71.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.1% | +29.6% | +67.9% |
| 2022 | +12.2% | +7.8% | -10.4% |
| 2021 | +7.0% | +18.5% | -13.3% |
| 2020 | -7.8% | -6.0% | +21.8% |
| 2019 | +1.6% | +4.2% | +36.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for One Love Skate has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates One Love Skate with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.7%.
Frequently Asked Questions about One Love Skate
Is One Love Skate a legitimate charity?
One Love Skate (EIN: 471950400) is a registered tax-exempt nonprofit based in Hawaii. It has 9 years of IRS 990 filings on record. Total revenue: $112K. No red flags identified. Financial health grade: A.
How does One Love Skate spend its money?
One Love Skate reported $112K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to One Love Skate tax-deductible?
One Love Skate is registered as a tax-exempt nonprofit (EIN: 471950400). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is One Love Skate located?
One Love Skate is headquartered in Kula, Hawaii and files with the IRS under EIN 471950400. It is classified under NTEE code X20.
How many years of IRS 990 filings does One Love Skate have?
One Love Skate has 9 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 $112K in total revenue.
Filing History
IRS 990 filing history for One Love Skate showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), One Love Skate's revenue has grown by 7508.7%, moving from $1K to $102K. Total assets increased by 2451.3% over the same period, from $883 to $23K. Total functional expenses rose by 21426.1%, from $456 to $98K. In its most recent filing year (2023), One Love Skate reported a surplus of $4K, with revenue exceeding expenses. The organization holds $6K in liabilities against $23K in assets (debt-to-asset ratio: 26.7%), resulting in net assets of $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $98K | $23K | $6K | — | — |
| 2022 | $75K | $76K | $13K | $636 | — | View 990 |
| 2021 | $67K | $70K | $15K | $1K | — | View 990 |
| 2020 | $62K | $59K | $17K | $71 | — | — |
| 2019 | $68K | $63K | $14K | $26 | — | View 990 |
| 2018 | $67K | $61K | $10K | $728 | — | View 990 |
| 2017 | $56K | $55K | $7K | $3K | — | View 990 |
| 2016 | $32K | $31K | $5K | $3K | — | View 990 |
| 2015 | $1K | $456 | $883 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $98K, and assets of $23K (revenue +36.1% year-over-year).
- 2022: Revenue of $75K, expenses of $76K, and assets of $13K (revenue +12.2% year-over-year).
- 2021: Revenue of $67K, expenses of $70K, and assets of $15K (revenue +7.0% year-over-year).
- 2020: Revenue of $62K, expenses of $59K, and assets of $17K (revenue -7.8% year-over-year).
- 2019: Revenue of $68K, expenses of $63K, and assets of $14K (revenue +1.6% year-over-year).
- 2018: Revenue of $67K, expenses of $61K, and assets of $10K (revenue +18.1% year-over-year).
- 2017: Revenue of $56K, expenses of $55K, and assets of $7K (revenue +73.9% year-over-year).
- 2016: Revenue of $32K, expenses of $31K, and assets of $5K (revenue +2318.1% year-over-year).
- 2015: Revenue of $1K, expenses of $456, and assets of $883.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for One Love Skate:
Data Sources and Methodology
This transparency report for One Love Skate 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.