One Love
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PARTNER IN THE OPERATION OF A PRESCHOOL IN THE SHIRO MEDA REGION OF ADDIS ABABA, ETHIOPIA TO PROVIDE EDUCATIONAL PROGRAMS, INCLUDING DAY CAMPS TO PREPARE LOCAL CHILDREN FOR ELEMENTARY SCHOOL. THIS ALSO INVOLVES PROVIDING TRAINING OF TEACHERS AND PROVIDING STUDENTS WITH AT LEAST ONE NUTRITIONAL MEAL A DAY ALONG WITH CLEAN WATER AND MILK.
- Income
- $259,105
- Spending
- $220,358
- Spent on programs
- 87%
- Reserves
- 5.7 months of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 59% of charities in its peer group (education, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 5.7 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 15% of income.
Income trend
15 of 15Income rose 25% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 4 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 48 out of 100. Higher than 17% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $190,780 spent. IN 2024, ONE LOVE CONTINUED TO PARTNER WITH ONE LOVE ACADEMY TO PROVIDE SUPPORT FOR MONTHLY OVERHEAD EXPENSES, RENOVATIONS, SUPPLIES, UNIFORMS AND TUITION ASSISTANCE FOR 378 STUDENTS AT ONE LOVE ACADEMY FROM JANUARY TO JULY OF 2024 AND 425 STUDENTS FROM AUGUST TO DECEMBER OF 2024. WE ALSO PURCHASED BACKPACKS AND WATER BOTTLES FOR EACH STUDENT TO BE DISTRIBUTED IN 2025. EACH TEACHER RECEIVED A BAG OF RICE AND A LUNCHEON WAS HELD TO SHOW APPRECIATION FOR ALL TEACHERS INVOLVED AT THE SCHOOL. ONE LOVE ADDITIONALLY,PROVIDED FUNDING FOR FOOD AND STAFF TO PREPARE AND SERVE NUTRITIOUS DAILY MEALS TO ALL STUDENTS ATTENDING ONE LOVE ACADEMY. ONE LOVE ALSO MAINTAINED OVERSIGHT THROUGH A LIAISON AND SENT ONE MISSION TEAM TO VISIT THE SCHOOLS IN 2024.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.