The ONE Campaign

What it reported doing in 2024

Europe: In Europe, our efforts were focused on increasing financing for healthy lives and economic opportunity in Africa. This included advocacy for a strong ODA budget across our markets and specifically for the replenishments of results-driven programs like the World Bank's International Development Association, Gavi, the Vaccine Alliance, and Global Fund to fight AIDS, TB, and Malaria.(Continued on Schedule O)Across Europe, we advocated for a strong investment in these programs and increased partnership between Europe and Africa. Specific activities include: * In France, after announced cuts to the development budget, our efforts focused on advocating for programs that make the world more stable and promote healthier lives and economic opportunities. We deployed a public-facing campaign, using op-eds, media ads, and social media to highlight the issue and promote the Financial Transaction Tax as a solution. * In Italy, we linked the Africa Strategy and Gavi through a letter to Ministers Giorgetti and Tajani, co-signed by 60 Italian and African activists urging stronger global health leadership and equal partnership with Africa, supported by blogs and social media outreach.* ONE Germany's 2024 efforts centered on strengthening support for development cooperation and global health. Highlights include high-level advocacy at the Munich Security Conference, impactful public stunts like a 20-meter facts carpet outside Parliament, and a successful poster campaign making the case for global health investments, which engaged 44 MPs. ONE hosted influential sessions at the World Health Summit and Hamburg Sustainability Conference, co-hosted a parliamentary breakfast with World Bank President Ajay Banga, and led a field trip to Rwanda for German parliamentary staffers to showcase the impact of Gavi, the Global Fund, and the World Bank.* In the UK, ONE focused on reasserting the importance of British leadership in global development, amidst ongoing pressures on the aid budget. Strategic media interventionsincluding essays, op-eds, and partnerships with influential outletsunderscored the value of global health investments and British scientific innovation. Collaborative campaigns, such as the "Empty Plates" hunger initiative and a global health essay series, amplified calls for renewed multilateral action and investment in solutions rooted in partnership with the Global South.Our Youth Ambassadors continue to play a key role to rally champions for this work, including in the Netherlands, where we partnered with seven youth parties, co-signed a letter with Youth Ambassadors, delivered it to 13 MPs9 of whom joined as co-signersand sent it to the Minister for Foreign Trade and Development Cooperation. In Germany, Youth Ambassadors met with over 20 MPs to push for increased development funding. In the European Union, we mobilized Youth Ambassadors to secure support from MEPs for a stronger EU external budget and global health initiatives.In the UK, we coordinated grassroots engagement through our network of Youth Ambassadors and activists, supporting public outreach events and organizing candidate hustings nationwide.

Financial Efficiency

• Mission deployment rate: 85.3%; rating input score 85
• Program expense ratio: 83.1%; rating input score 83
• Fundraising efficiency: $42.17 raised per $1 spent on fundraising; rating input score 73; 73rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Missing
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 99.9%; rating input score 100; 39th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 94.4%; rating input score 94; 27th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -2.2%; rating input score 22; 22nd percentile among comparable filings
• Total-asset coverage ratio: 1.62; rating input score 54; 54th percentile among comparable filings
• Liabilities to assets ratio: 0.58; rating input score 23; 23rd percentile among comparable filings
• Officer compensation ratio: 10.2%; rating input score 19; 19th percentile among comparable filings

Growth

• Program expense growth: 0.3% per year; rating input score 100; 12th percentile among comparable filings
• Revenue growth: -0.9% per year; rating input score 0; 6th percentile among comparable filings
• Asset growth: 4.1% per year; rating input score 100; 29th percentile among comparable filings