Quick charity verification for Utility Technology Association Inc (EIN: 204750603)
Verdict: Utility Technology Association Inc appears trustworthy
70/100Mission Score
$184KRevenue
$143KAssets
2Red Flags
4Strengths
Red Flags
Inconsistent annual revenues, making financial planning challenging (e.g., $25,000 in 2020 vs. $161,875 in 2022).
Frequent operational deficits in past years (e.g., 2021: $98,475 revenue vs. $194,074 expenses).
Strengths
Consistent reporting of zero liabilities, indicating no debt burden.
No reported officer compensation, suggesting efficient use of funds at the executive level.
Positive net income in the most recent filing (2022: $161,875 revenue vs. $128,659 expenses).
Growing asset base over time, from $25,417 in 2013 to $108,589 in 2022.
Spending Breakdown
How Utility Technology Association 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 Utility Technology Association Inc
Is Utility Technology Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Utility Technology Association Inc (EIN: 204750603) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
Is Utility Technology Association Inc a good charity to donate to?
Utility Technology Association Inc has a Mission Score of 70/100. Revenue: $184K. Assets: $143K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Utility Technology Association Inc?
The Employer Identification Number (EIN) for Utility Technology Association Inc is 204750603. 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 Utility Technology Association Inc spend its money?
Utility Technology Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Utility Technology Association Inc's tax-exempt status?
You can verify Utility Technology Association Inc's tax-exempt status using EIN 204750603 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
Utility Technology Association Inc demonstrates a fluctuating financial performance over the past decade. While the organization reported a positive net income in 2022 ($161,875 revenue vs. $128,659 expenses), it has frequently operated at a deficit, notably in 2021 where expenses ($194,074) significantly outstripped revenue ($98,475). The organization's assets have shown a general upward trend, reaching $108,589 in 2022, indicating some financial stability despite the operational inconsistencies. The consistent reporting of zero liabilities across all available filings is a positive indicator of financial health and low debt burden.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the absence of officer compensation reported across all filings suggests a lean operational structure at the executive level, which can contribute to efficiency. The organization's revenue streams appear somewhat unpredictable, ranging from a low of $25,000 in 2020 to a high of $176,175 in 2017, which could pose challenges for long-term financial planning and program delivery.
Transparency appears to be adequate given the consistent filing of IRS Form 990s. The lack of reported officer compensation is a notable point, suggesting either a volunteer-led executive team or compensation below reporting thresholds. Further detailed analysis of the full 990 forms would be necessary to fully understand the allocation of expenses and the specific programs delivered by the organization.