D R I V E One is a 501(c)(3) organization based in Ray, Michigan, registered in 2013, with $24,211 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$24K
▼ 72.3% vs prior year
Education median: $200K
Expenses (FY2024)
$31K
Net assets
-$18K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for D R I V E One— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For D R I V E One: 0 mo reserves · -28% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for D R I V E One— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For D R I V E One: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $57K (FY2015) to $24K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-28.4%
Spent more than it raised in the latest fiscal year.
Total assets
$38K
Total liabilities
$56K
Net assets
-$18K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $24,211▼72.3% | $31,093▼60.6% | -$18,458▼59.5% | $37,517▼21.6% | 990EZ |
| 2023 | $87,301▼51.5% | $78,900▼52.6% | -$11,576▲42.1% | $47,839▼8.5% | 990EZ |
| 2022 | $180,092▲479% | $166,439▲181% | -$19,977▲40.6% | $52,293▲96.3% | 990EZ |
| 2021 | $31,110▼74.3% | $59,234▼51.7% | -$33,630▼511% | $26,640▼21.1% | 990EZ |
| 2020 | $121,256▲376% | $122,540▲131% | -$5,506▼30.4% | $33,774▲1116% | 990EZ |
| 2019 | $25,488▼68.2% | $53,108▼16.7% | -$4,222▼118% | $2,778▼88.1% | 990EZ |
| 2018 | $80,271▼20.4% | $63,788▼46.1% | $23,398▲238% | $23,398▲238% | 990EZ |
| 2017 | $100,869▲73.4% | $118,298▲164% | $6,915▼71.6% | $6,915▼71.6% | 990EZ |
| 2016 | $58,187▲2.2% | $44,741▼32.4% | $24,344▲123% | $24,344▲123% | 990EZ |
| 2015 | $56,939 | $66,190 | $10,898 | $10,898 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to D R I V E One totaling $71K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way For Southeastern Michigan | Grant | 2022 | $11,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $30,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $30,000 |
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Data for D R I V E One (EIN 61-1707440) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.