Quick charity verification for United Association Scholarship Tr (EIN: 16241467)
Verdict: United Association Scholarship Tr appears trustworthy
95/100Mission Score
$86KRevenue
$1.5MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong asset growth, reaching $1,755,694 in 2023.
Significant revenue increase in 2023 to $1,418,944.
Consistent reporting of $0 liabilities, indicating no debt.
0% officer compensation across all reported periods, demonstrating high efficiency and transparency.
Positive financial surplus in 2023 (Revenue $1,418,944 vs. Expenses $433,412).
Spending Breakdown
How United Association Scholarship Tr allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 United Association Scholarship Tr
Is United Association Scholarship Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, United Association Scholarship Tr (EIN: 16241467) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is United Association Scholarship Tr a good charity to donate to?
United Association Scholarship Tr has a Mission Score of 95/100. Revenue: $86K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for United Association Scholarship Tr?
The Employer Identification Number (EIN) for United Association Scholarship Tr is 16241467. 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 United Association Scholarship Tr spend its money?
United Association Scholarship Tr allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify United Association Scholarship Tr's tax-exempt status?
You can verify United Association Scholarship Tr's tax-exempt status using EIN 16241467 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 United Association Scholarship Tr demonstrates a generally strong financial position, particularly in its asset base, which has grown significantly to $1,755,694 in 2023 from $770,162 in 2022. The organization experienced a substantial increase in revenue in 2023, reaching $1,418,944, which is a positive indicator of its ability to attract funding. Its liabilities have consistently been reported as $0 across most recent filings, suggesting sound financial management and a low-risk profile. The organization's NTEE code B82 indicates it is involved in scholarship and financial aid, and its consistent program spending, even during periods of lower revenue, suggests a commitment to its mission.
Spending efficiency appears to be a strength, with expenses in 2023 at $433,412 against a much larger revenue of $1,418,944, indicating a significant surplus that can be reinvested or used for future programs. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation across all reported periods is a strong positive for transparency and efficiency, suggesting that resources are not being diverted to high executive salaries. This practice enhances donor confidence and ensures more funds are available for the organization's charitable purpose.
Overall, the organization exhibits good financial health with robust asset growth and strong revenue generation in its latest period. The consistent reporting of zero liabilities and zero officer compensation points to a high degree of financial transparency and a focus on mission-driven spending. The significant increase in revenue in 2023, coupled with controlled expenses, positions the organization well for continued impact in its scholarship activities.