Overview
What is One Collective?
One Collective is a nonprofit organization based in Elgin, Illinois, with a workforce of 214 individuals. Their mission revolves around evangelism, church planting, relief, and development, focusing on bringing hope, dignity, and wholeness to communities affected by economic, physical, and spiritual oppression. They foster partnerships between local and external resources to serve and strengthen these communities, with their primary objective being to ensure no one is invisible. Their activities encompass integrated community transformation, discipling-making, compassion, relief, and development. They strive to provide access to essentials like food and freedom, as well as forgiveness for those they serve.
Official website here: www.onecollective.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
One Collective has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The score indicates a high level of transparency and effective management of financial resources, crucial for building trust with donors and stakeholders. The organization excels in areas such as independent governance, with 87% of board members being independent, and it has demonstrated robust oversight through its audit and finance practices.
The organization maintains a solid program expense ratio of 81.52%, indicating that a significant majority of its funds are allocated directly to its programs rather than administrative or fundraising costs. Additionally, One Collective has effectively avoided any material diversion of assets, ensuring that resources are used as intended. The financial stability is further highlighted by a low liabilities-to-assets ratio, which showcases prudent financial management.
However, while One Collective's fundraising efficiency ratio at $0.062 is relatively low, it still meets the operational needs of the charity. The working capital ratio of 0.39 years suggests that while the organization is effectively managing its current obligations, it may benefit from further strengthening its liquidity position for future growth and sustainability. Overall, the nonprofit demonstrates a commendable commitment to accountability and effective financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is One Collective legitimate?
One Collective is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Collective 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: $443,300
Professional Fundraising Fees: $23,700
Other Salaries and Wages: $6,414,025
For more financial information, click here
Official website here: www.onecollective.org
What is the mission statement of One Collective?
One Collective is a organization dedicated to helping the oppressed and bringing people together to make a difference. Their mission is to ensure everyone has access to basic necessities such as food and freedom, as well as forgiveness. They are committed to making this a reality in the communities they serve, which have been negatively impacted by economic, physical, and spiritual oppression. Through disciple-making, compassion, relief, and development, One Collective aims to bring hope, dignity, and wholeness to these communities. They leverage local and external resources to create partnerships that serve and strengthen oppressed communities, with a primary focus on ensuring no one is invisible and everyone has access to the essentials.
Official website here: www.onecollective.org
Who is the CEO of One Collective?
Scott Olson is the Chairman Of Board of One Collective. The CEO's salary of One Collective is $81,179 and their total compensation is $139,029.
Official website here: www.onecollective.org
What is the revenue of One Collective?
One Collective's revenue in 2022 was $13,470,210.
Official website here: www.onecollective.org
Who are the executives of One Collective and what are their salaries?
The average compensation at One Collective during 2022 was $32,044. There are 214 employees and 260 volunteers at One Collective.
Here are 13 key members and their salaries (One Collective's CEO's salary is $81,179 and their total compensation is $139,029):
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- Compensation: $81,179
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- Other: $57,850
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- Compensation: $73,567
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- Other: $38,084
- Compensation: $51,950
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- Other: $46,708
- Compensation: $125,958
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- Other: $0
Official website here: www.onecollective.org
Where can I find the form 990 for One Collective?
One Collective's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.onecollective.org
Learn more at the official website: www.onecollective.org
Mission Statement of One Collective
One Collective, a leading organization in community transformation, is on a mission to bring people together and help the oppressed. They firmly believe that everyone deserves access to basic necessities such as food and freedom, as well as forgiveness. Committed to making this a reality, One Collective focuses on evangelism, church planting, relief, and development in the communities they serve.
Through discipleship, compassion, relief efforts, and development projects, One Collective continues the holistic work of Jesus. Their primary purpose is to bring hope, dignity, and wholeness to communities that have been negatively impacted by economic, physical, and spiritual oppression. By fostering partnerships between local and outside resources, One Collective aims to serve and strengthen oppressed communities. Their ultimate goal is to ensure that no one is invisible and everyone has access to the essentials of life.
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Impact
October, 2024
One Collective creates significant impact by fostering integrated community transformation. By uniting individuals and resources, it addresses the needs of marginalized populations affected by economic, physical, and spiritual oppression. Through initiatives focused on evangelism, church planting, relief, and development, One Collective promotes hope, dignity, and wholeness in communities.
The organization prioritizes partnerships that fortify these communities, ensuring that no one remains invisible or without basic necessities. Its commitment to making food, freedom, and forgiveness accessible is a driving force behind its work. By empowering individuals and galvanizing local and external support, One Collective plays a crucial role in transforming lives and revitalizing communities.
This information is meant to be a general summary of One Collective. 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.
- Investment Income: -$38,194
- Program Service Revenue: $16,385
- Gross Receipts: $13,987,557
Assets and Liabilities:
- Total Assets: $3,863,320
- Total Liabilities: $385,255
- Net Assets: $3,478,065
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RELATED RENTAL
Revenue
$8,997
APPLICATION AND TRAINING
Revenue
$5,345
CONFERENCE INCOME
Revenue
$2,043
Organization Details
Founding Year
1961
Phone
(847) 429-0900Principal Officer
Scott Olson
Main Address
2155 POINT BLVD STE 200, ELGIN, IL, 60123
Website
www.onecollective.orgNTEE Category
Code: Q330 - International
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