Quick charity verification for Unumprovident Disability Plan Tr (EIN: 202545614)
Verdict: Unumprovident Disability Plan Tr appears trustworthy
85/100Mission Score
$9.4MRevenue
$1.8MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation may indicate compensation is handled by a related entity or not fully disclosed on the 990, requiring further investigation for complete transparency.
Strengths
Consistent revenue growth, from $4,272,475 in 2014 to $8,802,186 in 2023.
Strong asset growth, increasing from $496,802 in 2014 to $1,381,296 in 2023.
Expenses consistently managed close to revenue, indicating sound financial planning.
Healthy asset-to-liability ratio, with assets significantly exceeding liabilities.
No reported officer compensation, suggesting efficient use of funds or alternative compensation structures.
Spending Breakdown
How Unumprovident Disability Plan Tr allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Unumprovident Disability Plan Tr
Is Unumprovident Disability Plan Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Unumprovident Disability Plan Tr (EIN: 202545614) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Unumprovident Disability Plan Tr a good charity to donate to?
Unumprovident Disability Plan Tr has a Mission Score of 85/100. Revenue: $9.4M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Unumprovident Disability Plan Tr?
The Employer Identification Number (EIN) for Unumprovident Disability Plan Tr is 202545614. 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 Unumprovident Disability Plan Tr spend its money?
Unumprovident Disability Plan Tr allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Unumprovident Disability Plan Tr's tax-exempt status?
You can verify Unumprovident Disability Plan Tr's tax-exempt status using EIN 202545614 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 Unumprovident Disability Plan Tr appears to be a stable organization, consistently managing its expenses close to its revenue. In the latest period (202312), the organization reported revenues of $8,802,186 against expenses of $8,588,856, indicating a slight surplus. Over the past several years, its assets have shown consistent growth, reaching $1,381,296 in 2023 from $496,802 in 2014, which suggests sound financial management and accumulation of reserves. The organization's liabilities have also increased, but at a slower pace than assets, maintaining a healthy asset-to-liability ratio.
Given the NTEE code Y43 (Employee or Membership Benefit Organizations), the financial structure suggests it primarily functions to manage benefits rather than engage in traditional programmatic spending. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, or that compensation is handled outside of what is typically reported for officers in a 990, which would warrant further investigation. The consistent growth in revenue and assets over the last decade points to a financially healthy and growing entity, effectively managing its benefit plans.