Is Underwriters Rating Board Legit?

Quick charity verification for Underwriters Rating Board (EIN: 141132305)

Verdict: Underwriters Rating Board appears trustworthy

85/100Mission Score

$2.1MRevenue

$3.1MAssets

2Red Flags

4Strengths

Red Flags

Unknown NTEE code makes peer comparison difficult
0% officer compensation reported, which is highly unusual and may obscure full leadership remuneration

Strengths

Consistent asset growth over the past decade
Revenues consistently exceed expenses, indicating financial stability
Extremely low liabilities across all filing periods
No reported officer compensation, potentially maximizing funds for mission (if truly volunteer-led)

Spending Breakdown

How Underwriters Rating Board allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Underwriters Rating Board

Is Underwriters Rating Board a legitimate charity?

Based on AI analysis of IRS 990 filings, Underwriters Rating Board (EIN: 141132305) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Underwriters Rating Board a good charity to donate to?

Underwriters Rating Board has a Mission Score of 85/100. Revenue: $2.1M. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Underwriters Rating Board?

The Employer Identification Number (EIN) for Underwriters Rating Board is 141132305. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Underwriters Rating Board spend its money?

Underwriters Rating Board allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Underwriters Rating Board's tax-exempt status?

You can verify Underwriters Rating Board's tax-exempt status using EIN 141132305 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Underwriters Rating Board demonstrates consistent financial stability and efficient spending based on its IRS 990 filings. Over the past decade, the organization has consistently generated more revenue than expenses, leading to a steady growth in assets, from $1,646,591 in 2014 to $2,797,467 in 2023. This indicates sound financial management and the ability to build reserves. The organization's liabilities have remained remarkably low across all reported periods, often in the hundreds of dollars, suggesting a strong balance sheet and minimal debt burden.

Regarding spending efficiency, the filings consistently show that officer compensation is 0%, which is highly unusual for an organization of its size and revenue. This suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which could be a point for further inquiry regarding transparency. However, the overall expense ratios appear healthy, with a significant portion of revenue remaining after expenses, indicating that funds are not being excessively consumed by operational costs. For example, in 2023, expenses were $1,719,122 against revenues of $1,918,155, leaving a surplus of over $199,000.

While the NTEE code is unknown, making a direct comparison to peer organizations difficult, the financial trends suggest a well-managed entity. The lack of reported officer compensation, while potentially positive for program spending, also raises questions about the full picture of leadership remuneration. The consistent growth in assets and low liabilities are strong indicators of financial health, but a clearer breakdown of program, administrative, and fundraising expenses would enhance transparency.

View Full Transparency Report →

Disclaimer

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