Oneheart

What it reported doing in 2024

Oneheart transformation program after raising nearly 17,000,000 to acquire and renovate the 4-acre campus property, oneheart leases a facility through a long-term agreement with the city of rapid city. The facility went through a complete remodel that was finished in 2021. The campus is designed to get people out of crisis mode, mitigate barriers to upward mobility, and help people rebuild their lives. Guests are referred to the campus through community partners. Once accepted, they live in one of three towers (men, women, and families) and work with their transformation team to address their individual needs. Our vision is to see all individuals and families who enter oneheart be thriving citizens of our community upon graduation. Our target market is those individuals and families experiencing high-crisis lifestyles related to poverty, housing insecurity, and homelessness. A variety of services are co-located on campus to help achieve these goals and provide direct and timely services to our guests. Nonprofit services on campus include: healthcare, mental health services, case management, domestic violence assistance, counseling, addiction services, life skills classes, financial literacy skills, and native american cultural development and healing services. Even more services are available on a referral-basis, determined by the individual needs of the guest. We also offer an onsite food service, a wellness facility, a child development center, and transportation services free of-charge. Through this wrap-around support, along with the stability and security we provide, guests can move towards a life of greater stability and self-sufficiency. Oneheart has welcomed more than 730 people since opening its doors in january 2021. In 2024 alone, oneheart served 253 people. Outcomes include: 20 program participants enrolled in ged programs, 19 enrolled in higher education, 18 family reunifications, 26 who paid off/paid down debt, 48 who opened new savings accounts, 5 oneheart graduations, and 26 additional successful exits from the program. Graduate is defined as people whove accomplished 80% or higher of their goals, leave campus with a livable wage, substantial savings, minimal or no debt, and their readiness to thrive assessment is all positive. Graduate is the tippy-top level of discharge. More often we see successes which we define as guests who didnt reach that 80% mark but are still stable in community. Oneheart also provided 39,716 "safe sleeps" in the secure transitional living units, more than 16,300 well-balanced meals, and more than 4,500 rides to or from work, school, or other life-rebuilding appointments and activities.

Financial Efficiency

• Mission deployment rate: 90.8%; rating input score 91
• Program expense ratio: 84.5%; rating input score 84
• Fundraising efficiency: $12.84 raised per $1 spent on fundraising; rating input score 46; 46th 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: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -5.8%; rating input score 19; 19th percentile among comparable filings
• Total-asset coverage ratio: 3.74; rating input score 79; 79th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 7.8%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 22.5% per year; rating input score 100; 87th percentile among comparable filings
• Revenue growth: -38.9% per year; rating input score 0; 0th percentile among comparable filings
• Asset growth: 4.5% per year; rating input score 100; 32nd percentile among comparable filings