Is United Fund Of Eldora Legit?

Spending Breakdown

How United Fund Of Eldora allocates its funds across programs, administration, and fundraising.

85%

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 United Fund Of Eldora

Is United Fund Of Eldora a legitimate charity?

Based on AI analysis of IRS 990 filings, United Fund Of Eldora (EIN: 141847386) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.

Is United Fund Of Eldora a good charity to donate to?

United Fund Of Eldora has a Mission Score of 80/100. Revenue: $20K. Assets: $5K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for United Fund Of Eldora?

The Employer Identification Number (EIN) for United Fund Of Eldora is 141847386. 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 Fund Of Eldora spend its money?

United Fund Of Eldora allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify United Fund Of Eldora's tax-exempt status?

You can verify United Fund Of Eldora's tax-exempt status using EIN 141847386 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 Fund Of Eldora appears to be a small, community-focused organization with consistent, albeit modest, financial activity. Over the past several years, its revenue has fluctuated around the $20,000-$25,000 mark, with the latest reported revenue at $19,610. The organization generally operates close to break-even, with expenses often slightly exceeding or falling slightly below revenue, as seen in 202408 where expenses were $22,000 against $21,457 in revenue, and in 202308 where expenses were $24,275 against $22,725 in revenue. This indicates a tight operational budget without significant accumulation of reserves, as reflected in its relatively low assets of $4,830 currently and a peak of $12,218 in 202208.

The organization demonstrates strong financial transparency regarding executive compensation, consistently reporting 0% officer compensation across all available filings. This suggests that the organization is likely volunteer-run or that any compensation falls below reporting thresholds, which is common for very small nonprofits. The absence of reported liabilities across all periods is also a positive indicator of financial prudence and stability.

Given the limited financial data provided, specifically the lack of a detailed functional expense breakdown (program, administrative, fundraising), it is challenging to fully assess spending efficiency. However, the consistent operation within a narrow financial band and the absence of officer compensation suggest that a significant portion of its limited funds is likely directed towards its mission. The organization's small scale inherently limits its capacity for large-scale administrative overhead, which is often a concern for larger entities.

Verdict: United Fund Of Eldora appears trustworthy

Red Flags

Strengths