One Soma Global Inc
EIN: 474228044 · Calera, OK · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $130K |
| Total Expenses | $46K |
| Net Assets | $141K |
Is One Soma Global Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About One Soma Global Inc
One Soma Global Inc (EIN: 474228044) is a nonprofit organization based in Calera, OK, classified under NTEE code X20. The organization reported total revenue of $130K and total assets of $302K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of One Soma Global Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
One Soma Global Inc is a small nonprofit that has been operating for 10 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $46K |
| Surplus / Deficit | +$20K |
| Total Assets | $252K |
| Total Liabilities | $110K |
| Net Assets | $141K |
| Operating Margin | 30.0% |
| Debt-to-Asset Ratio | 43.8% |
| Months of Reserves | 65.8 months |
Financial Health Grade: A
In 2023, One Soma Global Inc reported a surplus of $20K with revenue exceeding expenses, holds 65.8 months of operating reserves (strong position), has a debt-to-asset ratio of 43.8% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for One Soma Global Inc 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 Soma Global Inc 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.8%.
Frequently Asked Questions about One Soma Global Inc
Is One Soma Global Inc a legitimate charity?
One Soma Global Inc (EIN: 474228044) is a registered tax-exempt nonprofit based in Oklahoma. Total revenue: $130K. No red flags identified. Financial health grade: A.
How does One Soma Global Inc spend its money?
One Soma Global Inc reported $130K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to One Soma Global Inc tax-deductible?
One Soma Global Inc is registered as a tax-exempt nonprofit (EIN: 474228044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is One Soma Global Inc located?
One Soma Global Inc is headquartered in Calera, Oklahoma and files with the IRS under EIN 474228044. It is classified under NTEE code X20.
Filing History
IRS 990 filing history for One Soma Global Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), One Soma Global Inc reported a surplus of $20K, with revenue exceeding expenses. The organization holds $110K in liabilities against $252K in assets (debt-to-asset ratio: 43.8%), resulting in net assets of $141K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66K | $46K | $252K | $110K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for One Soma Global Inc:
Data Sources and Methodology
This transparency report for One Soma Global 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.