One Southern Indiana Inc
One Southern Indiana Inc. consistently operates with a surplus, growing assets, and reports no officer compensation.
EIN: 204176026 · New Albany, IN · NTEE: S41 · Updated: 2026-03-28
Is One Southern Indiana Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
One Southern Indiana Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About One Southern Indiana Inc
One Southern Indiana Inc (EIN: 204176026) is a nonprofit organization based in New Albany, IN, classified under NTEE code S41. The organization reported total revenue of $2.1M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of One Southern Indiana 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 Southern Indiana 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, One Southern Indiana Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization of this size with over $2 million in revenue. This suggests that either executive compensation is not being reported in the 'Officer Comp' field or that key executives are compensated through other means, which would require a deeper dive into the full 990 forms to understand the true compensation structure.
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 Southern Indiana Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may indicate incomplete reporting or alternative compensation structures not immediately visible in this summary data.
Strengths
The following positive indicators were identified for One Southern Indiana Inc:
- Consistent operating surpluses, with revenue generally exceeding expenses (e.g., $1,937,491 revenue vs. $1,779,759 expenses in 2023).
- Significant asset growth over the past decade, from $442,123 in 2014 to $2,212,564 in 2023.
- Healthy revenue growth, indicating strong fundraising or program income generation.
- Positive net assets, demonstrating financial stability and capacity.
Frequently Asked Questions about One Southern Indiana Inc
Is One Southern Indiana Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, One Southern Indiana Inc (EIN: 204176026) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does One Southern Indiana Inc spend its money?
One Southern Indiana Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to One Southern Indiana Inc tax-deductible?
One Southern Indiana Inc is registered as a tax-exempt nonprofit (EIN: 204176026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is One Southern Indiana Inc. a good charity?
Based on the provided data, One Southern Indiana Inc. appears to be a financially stable organization with consistent revenue growth and a healthy operating surplus. The reported 0% officer compensation is a positive indicator of resource allocation, though further investigation into total key employee compensation would provide a more complete picture. Their asset growth from $442,123 in 2014 to $2,212,564 in 2023 demonstrates strong financial management.
How has One Southern Indiana Inc.'s financial health changed over time?
One Southern Indiana Inc. has shown consistent financial growth and stability. Revenue has generally increased from $1,605,428 in 2014 to $1,937,491 in 2023 (with a peak of $2,144,636 in 2022). Assets have grown significantly from $442,123 in 2014 to $2,212,564 in 2023, indicating strong financial management and accumulation of resources. Expenses have also increased but generally remained below revenue, allowing for consistent surpluses.
What is the trend in One Southern Indiana Inc.'s liabilities?
Liabilities for One Southern Indiana Inc. have shown an increasing trend over the past decade, rising from $308,087 in 2014 to $1,085,470 in 2023. While assets have grown at a faster rate, the increase in liabilities warrants attention to ensure it remains manageable and does not pose a risk to the organization's long-term financial health.
Filing History
IRS 990 filing history for One Southern Indiana Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), One Southern Indiana Inc's revenue has grown by 73.7%, moving from $1.1M to $1.9M. Total assets increased by 583.8% over the same period, from $324K to $2.2M. Total functional expenses rose by 37.8%, from $1.3M to $1.8M. In its most recent filing year (2023), One Southern Indiana Inc reported a surplus of $158K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $2.2M in assets (debt-to-asset ratio: 49.1%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.8M | $2.2M | $1.1M | — | View 990 |
| 2022 | $2.1M | $1.8M | $1.6M | $651K | — | View 990 |
| 2021 | $1.5M | $1.4M | $1.5M | $825K | — | View 990 |
| 2020 | $1.5M | $1.3M | $1.1M | $636K | — | — |
| 2019 | $1.5M | $1.5M | $786K | $453K | — | View 990 |
| 2018 | $1.7M | $1.6M | $742K | $439K | — | View 990 |
| 2017 | $1.5M | $1.4M | $696K | $451K | — | View 990 |
| 2016 | $1.2M | $1.3M | $554K | $381K | — | — |
| 2015 | $1.7M | $1.7M | $630K | $487K | — | View 990 |
| 2014 | $1.6M | $1.5M | $442K | $308K | — | View 990 |
| 2013 | $1.1M | $1.0M | $361K | $300K | — | View 990 |
| 2012 | $1.1M | $1.2M | $243K | $233K | — | View 990 |
| 2011 | $1.1M | $1.3M | $324K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.8M, and assets of $2.2M (revenue -9.7% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.8M, and assets of $1.6M (revenue +39.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.4M, and assets of $1.5M (revenue +4.8% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $1.1M (revenue -4.9% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $786K (revenue -6.9% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $742K (revenue +14.0% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $696K (revenue +20.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $554K (revenue -27.7% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $630K (revenue +4.4% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.5M, and assets of $442K (revenue +43.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.0M, and assets of $361K (revenue +2.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $243K (revenue -1.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.3M, and assets of $324K.
Data Sources and Methodology
This transparency report for One Southern Indiana 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.