Is Universal Education Foundation Offort Wayne Inc Legit?
Quick charity verification for Universal Education Foundation Offort Wayne Inc (EIN: 203707254)
Verdict: Universal Education Foundation Offort Wayne Inc appears trustworthy
92/100Mission Score
$1.1MRevenue
$2.9MAssets
2Red Flags
4Strengths
Red Flags
Highly volatile revenue streams year-over-year, potentially indicating reliance on infrequent large donations.
Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided data makes precise efficiency analysis challenging.
Strengths
Consistent 0% officer compensation, indicating strong commitment to mission and efficient use of funds.
Significant revenue growth in 2023 ($1,207,330) with relatively low expenses ($161,761), suggesting strong financial health in the latest period.
Healthy asset growth ($1,942,457 in 202312) with low liabilities ($17,088), indicating financial stability.
Overall low expense figures relative to revenue, especially in recent years, suggesting efficient operations.
Spending Breakdown
How Universal Education Foundation Offort Wayne Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Universal Education Foundation Offort Wayne Inc
Is Universal Education Foundation Offort Wayne Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Universal Education Foundation Offort Wayne Inc (EIN: 203707254) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
Is Universal Education Foundation Offort Wayne Inc a good charity to donate to?
Universal Education Foundation Offort Wayne Inc has a Mission Score of 92/100. Revenue: $1.1M. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Universal Education Foundation Offort Wayne Inc?
The Employer Identification Number (EIN) for Universal Education Foundation Offort Wayne Inc is 203707254. 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 Universal Education Foundation Offort Wayne Inc spend its money?
Universal Education Foundation Offort Wayne Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Universal Education Foundation Offort Wayne Inc's tax-exempt status?
You can verify Universal Education Foundation Offort Wayne Inc's tax-exempt status using EIN 203707254 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
Universal Education Foundation Offort Wayne Inc demonstrates a highly variable financial performance over the past decade, with a significant surge in revenue in the latest filing period (202312) to $1,207,330, a substantial increase from previous years which typically saw revenues below $250,000. This recent revenue spike, coupled with relatively low expenses of $161,761 in the same period, suggests a strong financial position and efficient operations for that year. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence and resource allocation directly to programs.
The organization's assets have also shown considerable growth, reaching $1,942,457 in 202312, up from $894,695 in 202212. This asset accumulation, alongside low liabilities, points to financial stability. However, the dramatic fluctuations in revenue year-over-year (e.g., $1,207,330 in 202312 vs. $188,532 in 202212) could indicate reliance on large, infrequent grants or donations, which might pose long-term sustainability challenges if not managed with a diversified funding strategy. The consistent low expense figures relative to revenue, especially in 202312, suggest a strong focus on program delivery with minimal overhead, although a detailed breakdown of program vs. administrative spending is needed for a complete picture.