Is Union Leader Charitable Fund Inc Legit?

Quick charity verification for Union Leader Charitable Fund Inc (EIN: 204354509)

Verdict: Union Leader Charitable Fund Inc shows mixed signals

65/100Mission Score
$10KRevenue
$101KAssets
2Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Union Leader Charitable Fund Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Leader Charitable Fund Inc

Is Union Leader Charitable Fund Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Union Leader Charitable Fund Inc (EIN: 204354509) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.

Is Union Leader Charitable Fund Inc a good charity to donate to?

Union Leader Charitable Fund Inc has a Mission Score of 65/100. Revenue: $10K. Assets: $101K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Union Leader Charitable Fund Inc?

The Employer Identification Number (EIN) for Union Leader Charitable Fund Inc is 204354509. 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 Leader Charitable Fund Inc spend its money?

Union Leader Charitable Fund Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Union Leader Charitable Fund Inc's tax-exempt status?

You can verify Union Leader Charitable Fund Inc's tax-exempt status using EIN 204354509 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 Leader Charitable Fund Inc. appears to be a very small organization with limited financial activity. Its revenue has consistently been low, typically under $10,000 annually, with the latest reported revenue at $9,745. Expenses have often exceeded revenue, as seen in 2022 where expenses were $6,839 against $1,267 in revenue, and in 2021 with $5,122 in expenses against $4,343 in revenue. This suggests the organization may be drawing down on its assets or relying on prior period surpluses. The organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay. However, the consistent reporting of liabilities often exceeding assets, such as in 2023 ($136,844 liabilities vs. $132,433 assets) and 2022 ($136,844 liabilities vs. $131,579 assets), raises questions about its long-term financial stability and the nature of these liabilities. Given the minimal financial activity, a detailed breakdown of program, administrative, and fundraising spending is not readily available from the provided summary data, making a precise efficiency assessment challenging.

View Full Transparency Report →

Disclaimer

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

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