Overview
What is One Story Inc?
One Story Inc., based in Brooklyn, New York, is a nonprofit organization dedicated to promoting literary fiction to a broad audience. They achieve this by sending previously unpublished short stories to subscribers fifteen times a year, fostering a unique connection between authors and readers. The organization supports both new and established writers by publishing them once and offering mentorship, further connecting them with agents, editors, and promoting their future works. In 2022, One Story Inc. published 15 issues of their magazine and reached nearly 2,000 writers through affordable online classes, workshops, and a virtual conference. Their mission extends beyond publication, aiming to increase diversity in the field through programs like an apprenticeship program and an educational fellowship.
Official website here: www.one-story.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating.
One Story Inc has received a Two-Star rating from Charity Navigator, indicating an overall score of 71%. This score is solely based on its Accountability & Finance, reflecting the organization's commitment to operational transparency and financial health. The organization demonstrates strong governance practices with a fully independent board, material asset management, and adherence to policies concerning conflicts of interest.
Strengths of One Story Inc include high marks for its program expense ratio at 79.42%, indicating that a significant portion of its expenditures directly supports its mission. The organization also excels in having no reported material diversion of assets and maintaining thorough documentation of board meeting minutes. However, the absence of a whistleblower policy and document retention and destruction policies may suggest areas for improvement in governance practices.
While One Story Inc shows solid accountability and finance metrics, the liabilities to assets ratio of 66.06% raises some concerns about its financial stability. These factors combined underscore the importance of ongoing efforts to enhance transparency and ensure long-term organizational sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is One Story Inc legitimate?
One Story Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Story Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $67,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,365
For more financial information, click here
Official website here: www.one-story.com
What is the mission statement of One Story Inc?
One Story Inc's mission is centered around promoting literary fiction to a wide audience by making short stories accessible and enjoyable. They achieve this by mailing one previously unpublished short story to their subscribers fifteen times a year. This unique format fosters an intimate connection between the reader and the writer, allowing each author to take center stage. Beyond just publication, One Story is committed to supporting writers. They publish both new and established authors, ensuring each author is featured only once. Post-publication, they provide mentorship to their authors, connecting them with agents, editors, and guiding them during crucial career moments. Simultaneously, One Story pairs these authors with an enthusiastic audience, establishing long-lasting reader relationships.
Official website here: www.one-story.com
Who is the CEO of One Story Inc?
Maribeth Batcha is the Chair of One Story Inc.
Official website here: www.one-story.com
What is the revenue of One Story Inc?
One Story Inc's revenue in 2022 was $489,533.
Official website here: www.one-story.com
Who are the executives of One Story Inc and what are their salaries?
The average compensation at One Story Inc during 2022 was $48,272. There are 4 employees and 31 volunteers at One Story Inc.
Here are 7 key members and their salaries:
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- Compensation: $15,734
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- Other: $1,004
- Compensation: $41,817
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- Other: $9,170
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Official website here: www.one-story.com
Where can I find the form 990 for One Story Inc?
One Story Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.one-story.com
Learn more at the official website: www.one-story.com
Mission Statement of One Story Inc
One Story Inc, a literary organization, strives to broaden the reach of literary fiction by making short stories accessible and engaging. They achieve this by sending one previously unpublished short story to a wide audience fifteen times a year. This unique format fosters a profound connection between the reader and the writer, allowing each author to shine in the spotlight.
Beyond just disseminating these stories, One Story Inc is dedicated to supporting writers. They are committed to publishing both emerging and established authors, ensuring that each author appears in their publication only once. After publication, they continue to nurture their authors, connecting them with agents, editors, and providing guidance during crucial stages of their careers. They promote their authors' books and other endeavors, celebrating their successes.
In addition to its literary mission, One Story Inc cultivates a loyal readership. They establish enduring relationships with their audience, providing them with stories that resonate deeply. This approach ensures that the impact of One Story Inc's work extends beyond a single reading, creating a lasting connection between the organization, the authors, and their readers.
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Impact
July, 2024
One Story Inc's impact lies in its ability to bring literary fiction to a wide audience through the publication of previously unpublished short stories. By distributing these stories to readers across the country and the world, One Story creates an intimate connection between the writers and their audience, allowing each author to take center stage. Additionally, the organization supports writers by publishing a mix of established, emerging, and debut authors, providing mentorship beyond publication, and connecting them with agents and editors. Through its educational programming, including online classes, workshops, and a virtual conference, One Story Inc has reached nearly 2,000 writers, contributing to the growth and diversity of the literary field.
This information is meant to be a general summary of One Story Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $172,638
- Gross Receipts: $571,058
Assets and Liabilities:
- Total Assets: $220,917
- Total Liabilities: $145,971
- Net Assets: $74,946
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORKSHOP FEES
Revenue
$172,638
Organization Details
Founding Year
2002
Phone
(347) 227-8370Principal Officer
Maribeth Batcha
Main Address
232 THIRD STREET A-108, BROOKLYN, NY, 11215
Website
www.one-story.comNTEE Category
Code: B990 - Education
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