Is Union Fair Society Legit?

Strengths

Consistent 0% officer compensation reported across all filings, indicating low executive overhead.
Positive trend in asset growth, from $145,763 in 2015 to $327,078 in 2023.
Decreasing liabilities over time, from $48,323 in 2015 to $16,199 in 2023, indicating strong financial management.
Consistent filing of IRS Form 990s over 13 periods, demonstrating regulatory compliance and basic transparency.

Spending Breakdown

How Union Fair Society allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Union Fair Society

Is Union Fair Society a legitimate charity?

Based on AI analysis of IRS 990 filings, Union Fair Society (EIN: 10224214) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.

Is Union Fair Society a good charity to donate to?

Union Fair Society has a Mission Score of 75/100. Revenue: $304K. Assets: $331K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Union Fair Society?

The Employer Identification Number (EIN) for Union Fair Society is 10224214. 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 Union Fair Society spend its money?

Union Fair Society allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Union Fair Society's tax-exempt status?

You can verify Union Fair Society's tax-exempt status using EIN 10224214 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

The Union Fair Society demonstrates a fluctuating financial performance over the past decade. While revenue has varied significantly year-to-year, from a low of $141,799 in 2020 to a high of $681,776 in 2022, the organization generally manages to keep expenses in line with or below revenue, as seen in 2023 where revenue was $353,397 and expenses were $321,973. The organization's assets have shown growth over the long term, increasing from $145,763 in 2015 to $327,078 in 2023, indicating a build-up of financial reserves. Liabilities have generally decreased over the same period, from $48,323 in 2015 to $16,199 in 2023, which is a positive sign of financial stability.

Spending efficiency appears reasonable, with expenses typically tracking revenue. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership or that compensation is below the reporting threshold, which can contribute to lower administrative costs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and basic financial transparency.

Overall, the Union Fair Society appears to be a financially stable organization with a history of responsible asset management and low liabilities. The lack of reported officer compensation is a notable positive for efficiency. Further transparency regarding the allocation of expenses into program, administrative, and fundraising categories would enhance the ability to fully assess spending efficiency and program focus.

Verdict: Union Fair Society appears trustworthy

Red Flags