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Ministry Spotlight World

Ministry Spotlight: One Collective

Organization sees drop in overall financial rating, retains A Transparency Grade

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One Collective, formerly International Teams, saw a number of its Ministry Watch ratings change over the last month. It is now in the bottom 40% for financial efficiency in the Foreign Missions sector.

The organization, based out of Elgin, Illinois, serves in communities around the world. One Collective’s mission is to bring “people together around the ways of Jesus to create lasting change in our world today.”

According to its website, “One Collective’s strategy begins in ‘Communities’ which represent smaller-sized geographical locations (like a neighborhood of a city) – or contexts where a particular need/people group is present (eg; at-risk youth, refugees). Work in communities is led by leaders we call ‘Catalysts’ who act like general contractors – working with local leaders to find solutions that bring together the needs and strengths of a specific community.”

This month, One Collective’s overall financial rating dropped from 3 Stars to 2 Stars. In part because it has a 1-Star resource allocation rating. It spends 7% on fundraising and 14% on general and administrative costs.

From 2023 to 2024 its revenue decreased from $15.1 million to $12.9 million.

Jon Steppe, executive vice president for One Collective, told MinistryWatch the reason for this shift is because “our revenue for the fiscal year ending June 30, 2023, included funds from the government ERC tax credit program following COVID. That was a one-time opportunity.”

One Collective has a 4-Star Asset Utilization rating. In 2024 it had $4 million in net assets.

“The majority of the $4 million dollars in net assets are restricted funds for projects on our fields and for missionary support,” Steppe noted. “We cannot just spend the resources. The timing of projects and the needs of our missionary force controls those resources.”

One Collective has an A Transparency Grade—it posts both its Form 990s and audited financials on its website.

MinistryWatch Donor Confidence Score: 80 (out of a possible 100) “Give With Confidence”

MinistryWatch Financial Efficiency Rating: 2 Stars (out of a possible 5 Stars)

MinistryWatch Transparency Grade: A

ECFA Member? Yes

Revenue in Most Recent Year Available: $12,993,214

Five-Year Revenue Trend: Increasing (by about 37%)

Percent of Revenue One Collective Spends on Fundraising: 7%

Percent Peer Group Spends on Fundraising: 5%

CEO/President: Scott Olsen

President’s Salary and Other Compensation: $206,599

A complete MinistryWatch profile for One Collective can be found here.

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Brittany Smith

Brittany Smith is a freelance writer living in Colorado Springs. She is the co-author of Unplanned Grace: A Compassionate Conversation on Life and Choice.

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