Is The Upcountry Fiber Foundation Legit?

Quick charity verification for The Upcountry Fiber Foundation (EIN: 113682388)

Verdict: The Upcountry Fiber Foundation shows mixed signals

55/100Mission Score
$136KRevenue
$121KAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Upcountry Fiber Foundation exhibits a concerning trend of declining revenue and increasing expenses in recent years, impacting its financial health. In the 202308 period, the organization reported revenue of $27,493 against expenses of $40,548, resulting in a deficit. This follows a similar pattern in 202108 where expenses significantly outpaced revenue ($110,550 vs. $68,850). While assets have fluctuated, the overall financial trajectory suggests a need for strategic review to ensure long-term sustainability. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation directly to its mission, though the specific breakdown of other expenses is not provided in detail here. Spending efficiency is difficult to fully assess without a detailed functional expense breakdown. However, the consistent reporting of zero liabilities across all periods is a strong positive, indicating sound financial management in terms of debt. The significant drop in revenue from a peak of $327,181 in 201908 to $27,493 in 202308, coupled with expenses often exceeding revenue, raises questions about the organization's operational model and funding strategy. Transparency appears to be maintained through consistent IRS 990 filings, but the financial performance itself warrants closer examination. Overall, while the foundation demonstrates good transparency through its filings and responsible management of liabilities, its financial health has deteriorated significantly in recent years due to declining revenue and periods of expenses exceeding income. This trend, if continued, could jeopardize its ability to fulfill its mission effectively.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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