One Simple Wish Inc

Nonprofit profile at a glance

EIN
263128590
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-N 2008
Location
Trenton, NJ, USA
Phone
6098838484
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Children's, Youth Services

Official website

Reported finances

Revenue
$4,209,608
Expenses
$3,818,479
Assets
$2,982,530
Liabilities
$107,445

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

Leadership & pay

16 people listed

Executive titles in this filing

  • DANIELLE GLETOW (EXECUTIVE DIRECTOR)
  • SCOTT GREENBERG (PRESIDENT)

Highest reported compensation

  • DANIELLE GLETOW (EXECUTIVE DIRECTOR): $143,000 total reported compensation
  • NICOLE RYNONE (DIRECTOR OF DEVELOPMENT): $113,000 total reported compensation

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

Overview

Mission

One Simple Wish empowers you to restore hope and happiness to children impacted by foster care, abuse and neglect.

What it reported doing in 2024

Wish granting is One Simple Wish (OSW)'s core program and offers caring individuals a way to directly affect the life of a child in foster care. Through our website potential donors are able to browse hundreds of wishes posted on behalf of the children and select which wish to grant. The wishes typically cost from $5 to $500, which allows almost anyone to find a wish that speaks to both their heart as well as to their budget. Moreover, OSW recognizes that donors have a desire to know exactly where their contributions go and therefore offers the opportunity for them to give more efficiently and effectively. When a donor grants a wish, roughly 90% of the donation is directed towards fulfillment of that specific wish and 100% of that donation goes towards furthering the mission of the organization. During the fiscal year, thanks to the generosity of thousands of people OSW granted over 28,000 wishes.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 69% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 94
  • Accountability: 96
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.5%; rating input score 83
  • Program expense ratio: 90.4%; rating input score 90
  • Fundraising efficiency: $87.5 raised per $1 spent on fundraising; rating input score 85; 85th 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: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.3%; rating input score 93; 24th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.3%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 0.78; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 6.7%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: 15.2% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 15.3% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 17.8% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 82.5% of revenue deployed · 90.4% of spending went to programs
  • Governance: 14 of 15 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $3.5M in reported program spending
  • Leadership: top reported pay $143K · 16 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.