One Warm Coat FY2024 filing

San Francisco, CA · Public charity (501(c)(3)) · Since 1992 · Human Services

✓ Tax-deductible
Revenue
$4.9M
-31% vs prior year
Spent
$4.8M
To programs
94%
Net assets
$1.8M
By yearFY2021–FY2025
Revenue
$4.9M
FY2024▼ -31%
Revenue by fiscal year
FY2021$2.3M
FY2022$3.8M
FY2023$7.1M
FY2024$4.9M
FY2025$4.8M
FY2025$5.9M
Expenses
$4.8M
FY2024▼ -27%
Expenses by fiscal year
FY2021$2.1M
FY2022$3.2M
FY2023$6.6M
FY2024$4.8M
FY2025$4.7M
FY2025$5.8M
Net assets
$1.8M
FY2024▲ +6%
Net assets by fiscal year
FY2021$631K
FY2022$1.2M
FY2023$1.7M
FY2024$1.8M
FY2025$1.9M
FY2025$2.0M

From the FY2024 Form 990 (year ending March 2024) · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item COne Warm Coat
EINHdr · item D74-3045243
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJun 2002
Year of formationHdr · item L1992
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSan Francisco, CA
NTEE classificationIRS BMFHuman Services (P20)
WebsiteHdr · item Jwww.onewarmcoat.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.03 Fundraising $0.03
Program services94%$4.5M
Management & general3%$131K
Fundraising3%$158K
Total functional expensesLn 25$4.8M

Financial health

Is it on solid ground?

Program efficiency
94%
of spending reaches programs
Operating runway
28.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$1.8M
FY2024▲ +7%
Total assets by fiscal year
FY2021$714K
FY2022$1.3M
FY2023$1.7M
FY2024$1.8M
FY2025$1.9M
FY2025$2.1M
Total liabilities
$34K
FY2024▲ +25%
Total liabilities by fiscal year
FY2021$83K
FY2022$34K
FY2023$28K
FY2024$34K
FY2025$20K
FY2025$42K
Revenue less expensesPt I · Ln 19$88K
Total assetsPt X · Ln 16$1.8M
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Balance Sheet

Part X · end of year
CashLn 1$1.8M
Total assetsLn 16$1.8M
Total liabilitiesLn 26$34K
Total net assetsLn 32$1.8M
Months of cash on handcomputed4.4

Statement of Revenue

Part VIII
Contributions & grants100%$4.9M
Investment income$4K
Other revenue$2K
Total revenueLn 12$4.9M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.8M · Operating expenses (Pt IX) $4.8M · Less non-cash grants $4.1M · Cash operating expenses/yr $745K
28.7 months
Where the money goes
Program services
Program services $4.5M · Total expenses $4.8M
94%
Management & General
Management & general $131K · Total expenses $4.8M
3%
Fundraising
Fundraising $158K · Total expenses $4.8M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $152K · Solicited contributions (3-yr avg) $5.2M
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $4.9M · Total revenue $4.9M
100%
Government reliance
Government grants — · Total revenue $4.9M
—
Earned-income share
Program service revenue $0 · Total revenue $4.9M
0%
Investment reliance
Investment income $4K · Total revenue $4.9M
+0.08%
Program self-sufficiency
Program service revenue $0 · Total expenses $4.8M
0%
Growth & trend
Revenue growth (YoY)
This year $4.9M · Prior year $7.1M
-31%
Net-asset trend (YoY)
End of year $1.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.9M · Expenses $4.8M
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $1.8M
—
Net-asset ratio
Net assets $1.8M · Total assets $1.8M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.8M
0%
People & payroll
Highest Reported Total Compensation
Individual Beth W Amodio · Reported title President & CEO · Highest reported compensation $143K · Total expenses $4.8M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $548K · Total expenses $4.8M
11%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%——
Overhead ratio 3%——
Fundraising cost ratio 3%——
Revenue growth -31%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & CEO
$143,401Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Beth Amodio’s $170K as President & CEO is at the 81st percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2025FY2024FY2023FY2022FY2021
Beth Amodio$170,000$160,717————
Beth W Amodio——$143,401$138,565$123,387$123,250
Patti Zappa$116,934—————
Patti Zappa—$108,568————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 11Voting board membersPt VI · Ln 1a
  • 11Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Collects and distributes free coats to children and adults in need nationwide while promoting volunteerism and keeping textile waste out of landfills.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $4.5M of program spending, described in the organization's own filed words · FY2023.
01

One Warm Coat provided 503,527 free coats to children and adults in need through a network of 1,500 nonprofit partners throughout the United States. The nonprofit partners distributed gently worn coats that were collected through 3,800 coat drives across the country, as well as new coats and other outerwear items that were donated by…

$4.5Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$1K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 $4.8M$4.7M-2% 990 PDF
FY2024 Viewing $4.9M$4.8M-31% 990 PDF
FY2023 $7.1M$6.6M+88% 990 PDF
FY2022 $3.8M$3.2M+61% 990 PDF
FY2021 $2.3M$2.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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