Quick charity verification for United Nations Development Corporation (EIN: 132626199)
Verdict: United Nations Development Corporation appears trustworthy
95/100Mission Score
$43.7MRevenue
$205.6MAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities relative to assets in recent years, which could warrant further investigation into the nature of their financial structure.
Consistent zero officer compensation for an organization of this scale is highly unusual and might suggest compensation is being reported under a different category or through a related entity, which could obscure a full picture of executive remuneration.
Strengths
Consistent financial surpluses, indicating strong financial management and sustainability.
Significant growth in assets over the past decade, from $153.7M in 2015 to $206.6M in 2023.
Substantial reduction in liabilities, from over $100M in 2014 to $41.6M in 2023, improving financial stability.
Zero reported officer compensation across all filings, suggesting a high dedication of funds to programmatic activities.
Stable and substantial revenue streams, consistently above $40 million annually.
Spending Breakdown
How United Nations Development Corporation 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 Nations Development Corporation
Is United Nations Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, United Nations Development Corporation (EIN: 132626199) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
Is United Nations Development Corporation a good charity to donate to?
United Nations Development Corporation has a Mission Score of 95/100. Revenue: $43.7M. Assets: $205.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for United Nations Development Corporation?
The Employer Identification Number (EIN) for United Nations Development Corporation is 132626199. 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 Nations Development Corporation spend its money?
United Nations Development Corporation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify United Nations Development Corporation's tax-exempt status?
You can verify United Nations Development Corporation's tax-exempt status using EIN 132626199 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 Nations Development Corporation demonstrates consistent financial health with stable revenue streams, averaging over $40 million annually, and a strong asset base exceeding $200 million in the latest filing. The organization consistently operates with a surplus, as evidenced by expenses being significantly lower than revenue in most years, contributing to a steady growth in assets. For instance, in 2023, revenue was $44,335,269 against expenses of $34,990,967, resulting in a substantial surplus. This financial stability suggests effective management of resources.
The organization's spending efficiency appears robust, with a significant portion of its budget likely directed towards its programmatic activities, given the consistent surpluses and asset growth. The absence of reported officer compensation across all filings indicates a high degree of financial prudence and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice enhances the perception of efficiency and donor trust.
Transparency is a notable strength, particularly with the consistent reporting of zero officer compensation. This level of disclosure regarding executive pay is commendable and sets a high standard for accountability. The consistent filing of IRS Form 990s over many years further reinforces its commitment to public transparency, allowing stakeholders to track its financial performance and operational decisions over time.