One Story Inc
Nonprofit profile at a glance
- EIN
- 113639386
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Brooklyn, NY, USA
- Phone
- 3472278370
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $514,304
- Expenses
- $503,934
- Assets
- $120,591
- Liabilities
- $101,055
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Highest reported compensation
- HANNAH TINTI (DIRECTOR): $51,637 total reported compensation
- MARIBETH BATCHA (DIRECTOR): $27,242 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 story aims to bring literary fiction to a wide audience by making short stories portable and fun. We mail one previously unpublished short story to a wide audience 15 times a year. Our format forges an intimate connection between reader and writer and allows each author to take center stage. Part of one story's mission is to support writers. We are committed to publishing both new and established authors. To that end, we will only publish each author once. We mentor our authors long after they publish with us, connecting them to agents and editors, guiding them during turning points in their careers, promoting their books and other ventures, and heralding their successes. At the same time, one story pairs their writing with an enthusiastic audience, establishing relationships with readers that last a lifetime.
What it reported doing in 2024
In 2023, one story inc. Edited and published 12 issues of one story and3 issues of one teen story, and distributed the magazines to readers across the country and world. One story published and mentored a mix of established, emerging, and debut writers; one teen story showcased teen writing.one story inc. Continued its education programming in 2024, reaching nearly 1,400 writers with 15 affordable online classes, 6 online lectures, 5 online workshops. And a summer conference held at poets house in New York city.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 92
- Accountability: 57
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.3%; rating input score 67
- Program expense ratio: 69.2%; rating input score 69
- Fundraising efficiency: $11.59 raised per $1 spent on fundraising; rating input score 43; 43rd 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: 71.4%; rating input score 71; 15th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.84; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 15.7%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: 15.9% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 67.3% of revenue deployed · 69.2% of spending went to programs
- Governance: 5 of 7 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $349K in reported program spending
- Leadership: top reported pay $52K · 7 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 10 filing years from 2014 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- High — Sustainability: Officer compensation ratio scored 22/100.