One Fact Foundation
Nonprofit profile at a glance
- EIN
- 882145154
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Claymont, DE, USA
- Phone
- 9176313713
- Rating confidence
- Limited
- Sector
- Research Institutes and/or Public Policy Analysis
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $25,838
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- JAAN LI (PRESIDENT)
People named in this filing
- JAAN LI (PRESIDENT)
- JOANNE WU (SECRETARY)
- SWAPNEEL MEHTA (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the one fact foundation is to reduce the price of health care using open source software and artificial intelligence.
What it reported doing in 2024
The payless health program is a public data repository of 4000 hospitals' price sheets, alongside public guidance material and open source software needed to analyze and use the data. By aggregating and analyzing data on hospital prices and conducting research on health equity, payless health helps reduce the price of health care for employers, consumers, and researchers and understand significant price variations. To enable teams to learn the data science skills needed to analyze this volume of data, we teach data thinking, a series of open source courses designed to teach statistics, machine learning, and artificial intelligence in an accessible manner.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 55
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -5.8% per year; rating input score 0; 34th percentile among comparable filings
- Revenue growth: -52.9% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -54.8% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- 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 — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.