Young 1Ove Foundation
Nonprofit profile at a glance
- EIN
- 364803179
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-EZ 2015
- Location
- Austin, TX, USA
- Phone
- 8572250882
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- AIDS
Reported finances
- Revenue
- $2,682,311
- Expenses
- $2,675,418
- Assets
- $2,650,321
- Liabilities
- $305,685
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- ANGRIST NOAM (EXECUTIVE DIRECTOR)
Highest reported compensation
- ANGRIST NOAM (EXECUTIVE DIRECTOR): $176,500 total reported compensation
- BEATTY AMANDA (RESEARCH SPECIALIST): $135,856 total reported compensation
- TOWNE ANGELICA (COUNTRY DIRECTOR): $128,588 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 improve youth livelihoods in africa by scaling proven life-saving interventions in the health and education space, including programs to stop the spread of HIV/AIDS and to improve basic education levels and providing grants to organizations conducting this work.
What it reported doing in 2024
We have entered into a grant arrangement with an organization in botswana to which we will provide unrestricted funding and contribution of personnel time. The organization aims to scale evidence-based programming to youth in africa via a peer education model.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 47% for direct work, and 53% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 67
- Accountability: 87
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.4%; rating input score 80
- Program expense ratio: 80.5%; rating input score 81
- Fundraising efficiency: $14.72 raised per $1 spent on fundraising; rating input score 50; 50th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Pass
- May require repayment: Fail
- 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: 85.7%; rating input score 86; 17th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- 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: 0.3%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 16.5%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 29.9% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 25.6% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 27.4% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 80.4% of revenue deployed · 80.5% of spending went to programs
- Governance: 6 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.2M in reported program spending
- Leadership: top reported pay $176K · 9 people listed · 1 of 6 pay-setting controls reported
- Consistency: 24 of 24 current checks pass
- Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 4 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 — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 50/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 16/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.