Chi Upsilon Corp
EIN: 824601383 · Boulder, CO · NTEE: B83
Is Chi Upsilon Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chi Upsilon Corp
Chi Upsilon Corp (EIN: 824601383) is a nonprofit organization based in Boulder, CO, classified under NTEE code B83. The organization reported total revenue of $346K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chi Upsilon Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chi Upsilon Corp is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 42.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $346K |
| Total Expenses | $338K |
| Surplus / Deficit | +$8K |
| Total Assets | $17K |
| Net Assets | $17K |
| Operating Margin | 2.4% |
| Months of Reserves | 0.6 months |
Financial Health Grade: A
In 2023, Chi Upsilon Corp reported a surplus of $8K with revenue exceeding expenses, holds 0.6 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2018–2023), Chi Upsilon Corp's revenue has grown at a compound annual growth rate (CAGR) of 42.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.2% | +43.8% | -8.8% |
| 2022 | +62.0% | +65.1% | -24.7% |
| 2021 | +194.9% | +189.5% | +518.3% |
| 2019 | -14.1% | -16.6% | +112.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chi Upsilon Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chi Upsilon Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Frequently Asked Questions about Chi Upsilon Corp
Is Chi Upsilon Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Chi Upsilon Corp (EIN: 824601383) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chi Upsilon Corp spend its money?
Detailed spending breakdown data is not yet available for Chi Upsilon Corp. Check back for updated IRS 990 analysis.
Are donations to Chi Upsilon Corp tax-deductible?
Chi Upsilon Corp is registered as a tax-exempt nonprofit (EIN: 824601383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Chi Upsilon Corp showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2023), Chi Upsilon Corp's revenue has grown by 479.4%, moving from $60K to $346K. Total assets increased by 804.1% over the same period, from $2K to $17K. Total functional expenses rose by 473.2%, from $59K to $338K. In its most recent filing year (2023), Chi Upsilon Corp reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $346K | $338K | $17K | $0 | — | — |
| 2022 | $245K | $235K | $19K | $0 | — | View 990 |
| 2021 | $151K | $142K | $25K | $0 | — | View 990 |
| 2019 | $51K | $49K | $4K | $0 | — | View 990 |
| 2018 | $60K | $59K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $346K, expenses of $338K, and assets of $17K (revenue +41.2% year-over-year).
- 2022: Revenue of $245K, expenses of $235K, and assets of $19K (revenue +62.0% year-over-year).
- 2021: Revenue of $151K, expenses of $142K, and assets of $25K (revenue +194.9% year-over-year).
- 2019: Revenue of $51K, expenses of $49K, and assets of $4K (revenue -14.1% year-over-year).
- 2018: Revenue of $60K, expenses of $59K, and assets of $2K.
Data Sources and Methodology
This transparency report for Chi Upsilon Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.