Consistent negative net income in recent years (e.g., $2,034,068 revenue vs. $2,677,496 expenses in 2023).
Liabilities consistently exceed assets, indicating potential solvency concerns (e.g., $51,410,240 liabilities vs. $45,671,904 assets in 2023).
Unusually low or zero reported officer compensation for an organization of this size and asset base, raising questions about transparency in executive pay.
Strengths
Substantial asset base, with assets consistently above $45 million in recent years, providing a foundation for operations.
Long operating history with 13 filings, indicating established presence and experience in its mission.
Potential for high program efficiency if executive compensation is genuinely minimal or volunteer-based, allowing more resources for mission-related activities.
Spending Breakdown
How Uptown Consortium Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Uptown Consortium Inc
Is Uptown Consortium Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Uptown Consortium Inc (EIN: 200688727) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Uptown Consortium Inc a good charity to donate to?
Uptown Consortium Inc has a Mission Score of 65/100. Revenue: $15.5M. Assets: $50.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Uptown Consortium Inc?
The Employer Identification Number (EIN) for Uptown Consortium Inc is 200688727. 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 Uptown Consortium Inc spend its money?
Uptown Consortium Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Uptown Consortium Inc's tax-exempt status?
You can verify Uptown Consortium Inc's tax-exempt status using EIN 200688727 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
Uptown Consortium Inc. demonstrates a consistent operational pattern, with expenses frequently exceeding revenue in recent years, as seen in 2023 where expenses were $2,677,496 against revenues of $2,034,068. This trend suggests reliance on prior period assets or other funding mechanisms to cover operational costs. The organization's assets have fluctuated but remained substantial, with $45,671,904 in 2023, indicating a solid asset base. However, liabilities have consistently exceeded assets in recent filings, such as $51,410,240 in liabilities against $45,671,904 in assets in 2023, which is a significant concern for long-term financial stability.
The organization's NTEE code S31 (Community Development Corporations) suggests a focus on community revitalization, which often involves significant capital projects and long-term investments. The absence of reported officer compensation across all available filings is a notable aspect of its financial structure, potentially indicating a volunteer-led executive team or compensation being reported under different categories not immediately visible in the 'Officer Comp' field. This could be a positive indicator of resource allocation directly to programs, assuming other compensation is minimal.
While the organization maintains a substantial asset base, the consistent deficit spending and the high ratio of liabilities to assets warrant closer scrutiny. Transparency regarding the nature of these liabilities and the funding sources for covering operational deficits would enhance understanding of its financial health. The lack of reported officer compensation, while seemingly positive, also raises questions about the overall compensation structure for key personnel and its impact on administrative efficiency.