Is Usf Financing Corporation Legit? —…

Strengths

Consistent revenue generation exceeding expenses (e.g., $16,438,237 revenue vs. $13,050,434 expenses in 202306).
Substantial and growing asset base ($558,378,257 latest assets).
No reported officer compensation across all filings, indicating potential volunteer leadership or external funding of executive roles.
Positive net assets maintained over time, demonstrating financial stability.
Consistent IRS 990 filing history (13 filings), indicating good compliance.

Spending Breakdown

How Usf Financing Corporation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Usf Financing Corporation

Is Usf Financing Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Usf Financing Corporation (EIN: 202865561) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Usf Financing Corporation a good charity to donate to?

Usf Financing Corporation has a Mission Score of 85/100. Revenue: $25.6M. Assets: $558.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Usf Financing Corporation?

The Employer Identification Number (EIN) for Usf Financing Corporation is 202865561. 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 Usf Financing Corporation spend its money?

Usf Financing Corporation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Usf Financing Corporation's tax-exempt status?

You can verify Usf Financing Corporation's tax-exempt status using EIN 202865561 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

Usf Financing Corporation, with its NTEE code B900, operates as a financing arm, likely for educational institutions given its name and location. The organization demonstrates a consistent financial operation, with revenues generally exceeding expenses in most recent periods. For instance, in 202306, revenue was $16,438,237 against expenses of $13,050,434, indicating a surplus. Its asset base is substantial, reaching $558,378,257 in the latest reported period, though it also carries significant liabilities, such as $346,175,515 in 202306. The organization's financial health appears stable, managing its debt and maintaining a positive net asset position over time.

The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent positive difference between revenue and expenses suggests prudent financial management. The absence of reported officer compensation across all available filings indicates a high level of transparency regarding executive pay, or that compensation is handled through a related entity, which would require further investigation to confirm. This lack of direct compensation reporting on the 990s is a notable aspect of its transparency profile.

Overall, Usf Financing Corporation appears to be a financially stable entity, effectively managing its substantial assets and liabilities. Its consistent filing history and the absence of reported officer compensation contribute positively to its transparency. However, a more granular breakdown of expenses would be beneficial for a complete assessment of its spending efficiency and program impact.

Is Usf Financing Corporation Legit?

Verdict: Usf Financing Corporation appears trustworthy

Red Flags