OneRace Inc (EIN 822545667) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

Joshua Clemons

Phone

9182612749

Tax Period

2023-01-01 to 2023-12-31

OneRace Inc, founded in 2017, is a small nonprofit in the Religion sector that reported $284K in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $403K exceeded revenue, resulting in a 42% operating deficit.

Mission

OneRace Movement, Inc.'s exempt purpose is to unite churches for the cause of racial reconciliation.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $277,931

Program Service Revenue $0

Investment Income $89

Other Revenue $6,171

TOTAL REVENUE $284,191

Expense Breakdown

Grants Paid $21,080

Salaries & Benefits $210,435

Fundraising Expenses $37,595

Program Expenses $256,567

Other Expenses $171,195

TOTAL EXPENSES $402,710

Year-over-Year Comparison

	2023	2022	Change
Revenue	$284,191	$495,033	-0.4%
Expenses	$402,710	$432,023	-0.1%
Net Income	$-118,519	$63,010	-2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

200

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$112,787

Total Directors

$129,480

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tamesis Cruz-Free	Secretary	0.50	Officer Director	$0	$0	$0
Joshua Clemons	CEO/Director	50.00	Officer Director	$112,787	$0	$112,787
Lee Jenkins	Treasurer	25.00	Officer Director	$0	$0	$0
Hazen Stevens	Director	0.50	Director	$0	$0	$0
Lakisha Clemons	Director	0.50	Director	$16,693	$0	$16,693
Brooke Hempell	Director	0.50	Director	$0	$0	$0
Brie Davis	Director	0.50	Director	$0	$0	$0
Johnson Bowie	Director	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$284,191	$402,710	$111,900	$-118,519
2022	$495,033	$432,023	$228,430	$63,010
2021	$515,549	$493,081	$164,911	$22,468
2020	$592,442	$459,057	$142,443	$133,385
2019	$243,998	$260,918	$9,058	$-16,920
2018	$723,923	$724,670	$25,978	$-747

OneRace Inc