Once Upon a Preemie

Nonprofit profile at a glance

EIN
851295999
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2020
Location
Essington, PA, USA
Phone
2156459777
Rating
73
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Management & Technical Assistance

Reported finances

Revenue
$584,702
Expenses
$323,087
Assets
$503,601
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JENNE JOHNS (PRESIDENT)
  • ARMENDA PETTEY (VICE PRESIDENT)

Highest reported compensation

  • JENNE JOHNS (PRESIDENT): $68,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Once nbsp; upon nbsp; a nbsp; preemie nbsp; inc nbsp; is nbsp; a nbsp; black nbsp; women-led nbsp; non-profit nbsp; organization nbsp; committed nbsp; to nbsp; pioneering nbsp; solutions nbsp; for nbsp; neonatal nbsp; equity nbsp; to nbsp; center nbsp; black nbsp; preemie nbsp; family nbsp; experiences

What it reported doing in 2024

Program expense- once upon a preemie inc. Is a black women-led non-profit organization committed to pioneering solutions for neonatal equity to center black preemie family experiences.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 100
  • Accountability: 69
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.7%; rating input score 39
  • Program expense ratio: 70%; rating input score 70
  • Fundraising efficiency: $18.1 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 44.7%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 1.56; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 21%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 50.3% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 40.2% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 38.1% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 38.7% of revenue deployed · 70% of spending went to programs
  • Governance: 3 of 3 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $226K in reported program spending
  • Leadership: top reported pay $68K · 3 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • High — Accountability: Governance controls: 6 of 8 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 56/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.