Is Ukraine Moldova American Enterprise Fund Legit?

Quick charity verification for Ukraine Moldova American Enterprise Fund (EIN: 133786524)

Verdict: Ukraine Moldova American Enterprise Fund appears trustworthy

80/100Mission Score
$23.7MRevenue
$244.6MAssets
3Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Ukraine Moldova American Enterprise Fund exhibits a complex financial profile, characterized by significant fluctuations in revenue and substantial asset growth. In the 202309 period, the organization reported a remarkable revenue of $134,501,409, a substantial increase from previous years, alongside expenses of $7,772,542. This led to a significant increase in assets to $224,102,151. The organization's NTEE code Q32 suggests a focus on international development and relief, which aligns with its name. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to minimizing administrative overhead related to executive pay, enhancing its transparency and efficiency in this area. However, the revenue figures show considerable volatility, with several years reporting negative revenue, such as $-936,647 in 202209 and $-6,808,461 in 202009. This could be indicative of investment losses or specific accounting practices related to its enterprise fund nature, which warrants further investigation to understand the underlying financial strategy and stability. Despite these fluctuations, the organization has consistently maintained a strong asset base, growing from $90,346,567 in 201409 to $224,102,151 in 202309, demonstrating long-term financial resilience. The low liabilities relative to assets also suggest a healthy balance sheet. Given the nature of an 'enterprise fund,' the financial metrics might differ from traditional charities, focusing more on investment returns and capital deployment rather than direct program service expenses in the conventional sense. The reported expenses, while varying, are generally a small fraction of the asset base, suggesting that a significant portion of its financial activity might involve capital deployment or investment management rather than direct grant-making or operational program delivery. The consistent 0% officer compensation is a significant positive for transparency and efficiency.

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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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