Onegeneration

Nonprofit profile at a glance

EIN
954066979
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Van Nuys, CA, USA
Phone
8187086610
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$15,979,165
Expenses
$15,789,724
Assets
$12,918,431
Liabilities
$7,196,360

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

Leadership & pay

21 people listed

Executive titles in this filing

  • JENNA HAUSS (PRESIDENT/CEO)

Highest reported compensation

  • KENNETH KANG (CFO AND COO): $198,525 total reported compensation
  • JENNA HAUSS (PRESIDENT/CEO): $186,000 total reported compensation
  • MICHELLE QUIROGA-DIAZ (VP, PROGRAMS & SERVICES): $120,539 total reported compensation

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

Overview

Mission

To enrich the lives of seniors, children and their families, throughout our diverse communities. To promote healthy aging and provide social services to vulnerable and impoverished seniors.

What it reported doing in 2024

Onegeneration provides broad senior care management services, including (a) 1,300 intergenerational activities joining 1,700 adult day care clients with 6,400 children, along with 960 sages and seekers (teens) building mentoring lifelong connections; (b) and over 3,500 community members served experiencing food insecurity through a network of 30 mobile community partners, and over 1.5 million pounds of food reclaimed and distributed monthly to community members; (c) kinship family programs, grandparents as parents with over 610 clients served, 250 support groups held, 270 court navigations, and 10 family support camping and other special events; (d) public health programs responding to pandemic, mental health, adult protective services, housing , 760 case management clients served, and over 3,600 hours of in-hone care services provided. Critical public health vaccinations and cal-fresh applications completed; (e) 2,500 healthcare professionals and caregivers training on intellectual and developmental disabilities and alzheimer's / dementia support; and (f) 30 low income seniors housed in auxiliary dwelling units (adu's) and 1,600 community members assisted with environmental and utility support programs.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 84
  • Accountability: 87
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.1%; rating input score 89
  • Program expense ratio: 90.1%; rating input score 90
  • Fundraising efficiency: $3,987.97 raised per $1 spent on fundraising; rating input score 99; 99th 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: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 19th 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: 1.2%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.82; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.56; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 3.2%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 12.7% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 9.9% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 13.5% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 89.1% of revenue deployed · 90.1% of spending went to programs
  • Governance: 18 of 21 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $14.2M in reported program spending
  • Leadership: top reported pay $199K · 21 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.