U B Foundation Activities Inc
U B Foundation Activities Inc maintains stable finances with consistent nine-figure revenues and no reported officer compensation.
EIN: 161372561 · Buffalo, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $111.2M |
| Total Expenses | $98.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $124.3M |
| Transparency Score | 75/100 |
Is U B Foundation Activities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
U B Foundation Activities Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About U B Foundation Activities Inc
U B Foundation Activities Inc (EIN: 161372561) is a nonprofit organization based in Buffalo, NY. The organization reported total revenue of $111.2M and total assets of $145.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of U B Foundation Activities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
U B Foundation Activities Inc is a major nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98.9M |
| Total Expenses | $98.0M |
| Surplus / Deficit | +$900K |
| Total Assets | $146.3M |
| Total Liabilities | $22.0M |
| Net Assets | $124.3M |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 15.0% |
| Months of Reserves | 17.9 months |
Financial Health Grade: A
In 2023, U B Foundation Activities Inc reported a surplus of $900K with revenue exceeding expenses, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 15.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), U B Foundation Activities Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.1% | -4.0% | -0.8% |
| 2022 | +4.0% | -6.3% | +1.8% |
| 2021 | +5.6% | +15.2% | -6.6% |
| 2020 | -5.1% | -1.3% | -0.8% |
| 2019 | +14.4% | +8.3% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates U B Foundation Activities Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, U B Foundation Activities Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $900K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with over $100 million in annual revenue and assets. This either indicates that executive compensation is not being reported under 'officer compensation' or that the organization operates with entirely uncompensated leadership, which would be a significant strength in terms of overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of U B Foundation Activities Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for a large organization, potentially indicating incomplete disclosure or unique compensation structures.
- NTEE code is unknown, making it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for U B Foundation Activities Inc:
- Consistent high revenue generation, typically exceeding $90 million annually.
- Stable asset base, consistently above $140 million, indicating financial resilience.
- Generally operates with a positive net income, as seen in most recent filings (e.g., 202306 revenue $98,854,154 vs. expenses $97,954,335).
Frequently Asked Questions about U B Foundation Activities Inc
Is U B Foundation Activities Inc a legitimate charity?
U B Foundation Activities Inc (EIN: 161372561) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $111.2M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does U B Foundation Activities Inc spend its money?
U B Foundation Activities Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to U B Foundation Activities Inc tax-deductible?
U B Foundation Activities Inc is registered as a tax-exempt nonprofit (EIN: 161372561). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the U B Foundation Activities Inc CEO make?
U B Foundation Activities Inc's highest-compensated officer earns $100 annually. The organization reported $111.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of U B Foundation Activities Inc's spending goes to programs?
U B Foundation Activities Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is U B Foundation Activities Inc located?
U B Foundation Activities Inc is headquartered in Buffalo, New York and files with the IRS under EIN 161372561.
How many years of IRS 990 filings does U B Foundation Activities Inc have?
U B Foundation Activities Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $111.2M in total revenue.
How does U B Foundation Activities Inc manage to report 0% officer compensation with over $100 million in revenue?
The consistent reporting of 0% officer compensation across all available filings for an organization of this size is highly unusual and suggests that executive compensation might be reported under a different category, or the organization has a unique leadership compensation structure. Further investigation into their detailed financial statements would be needed to understand this.
What is the primary NTEE code or mission of U B Foundation Activities Inc?
The provided data states the NTEE Code is 'Unknown'. Understanding the organization's specific mission and NTEE code would be crucial for a more targeted analysis of its effectiveness and impact.
What are the detailed breakdowns of program, administrative, and fundraising expenses?
The provided summary data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is essential for a comprehensive assessment of spending efficiency.
Filing History
IRS 990 filing history for U B Foundation Activities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), U B Foundation Activities Inc's revenue has grown by 38%, moving from $71.6M to $98.9M. Total assets increased by 34.8% over the same period, from $108.5M to $146.3M. Total functional expenses rose by 31.7%, from $74.4M to $98.0M. In its most recent filing year (2023), U B Foundation Activities Inc reported a surplus of $900K, with revenue exceeding expenses. The organization holds $22.0M in liabilities against $146.3M in assets (debt-to-asset ratio: 15.0%), resulting in net assets of $124.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98.9M | $98.0M | $146.3M | $22.0M | — | — |
| 2022 | $106.4M | $102.0M | $147.4M | $24.1M | — | View 990 |
| 2021 | $102.3M | $108.8M | $144.8M | $25.9M | — | View 990 |
| 2020 | $96.9M | $94.5M | $155.1M | $29.6M | — | View 990 |
| 2019 | $102.1M | $95.7M | $156.3M | $33.4M | — | View 990 |
| 2018 | $89.3M | $88.3M | $147.3M | $30.7M | — | View 990 |
| 2017 | $85.4M | $86.5M | $144.4M | $28.9M | — | View 990 |
| 2016 | $94.0M | $86.1M | $135.9M | $19.2M | — | View 990 |
| 2015 | $86.0M | $82.2M | $133.4M | $24.6M | — | View 990 |
| 2014 | $86.3M | $79.3M | $128.0M | $23.0M | — | View 990 |
| 2013 | $93.7M | $75.7M | $138.8M | $40.8M | — | View 990 |
| 2012 | $92.6M | $79.5M | $127.5M | $47.5M | — | View 990 |
| 2011 | $71.6M | $74.4M | $108.5M | $41.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98.9M, expenses of $98.0M, and assets of $146.3M (revenue -7.1% year-over-year).
- 2022: Revenue of $106.4M, expenses of $102.0M, and assets of $147.4M (revenue +4.0% year-over-year).
- 2021: Revenue of $102.3M, expenses of $108.8M, and assets of $144.8M (revenue +5.6% year-over-year).
- 2020: Revenue of $96.9M, expenses of $94.5M, and assets of $155.1M (revenue -5.1% year-over-year).
- 2019: Revenue of $102.1M, expenses of $95.7M, and assets of $156.3M (revenue +14.4% year-over-year).
- 2018: Revenue of $89.3M, expenses of $88.3M, and assets of $147.3M (revenue +4.5% year-over-year).
- 2017: Revenue of $85.4M, expenses of $86.5M, and assets of $144.4M (revenue -9.2% year-over-year).
- 2016: Revenue of $94.0M, expenses of $86.1M, and assets of $135.9M (revenue +9.4% year-over-year).
- 2015: Revenue of $86.0M, expenses of $82.2M, and assets of $133.4M (revenue -0.4% year-over-year).
- 2014: Revenue of $86.3M, expenses of $79.3M, and assets of $128.0M (revenue -8.0% year-over-year).
- 2013: Revenue of $93.7M, expenses of $75.7M, and assets of $138.8M (revenue +1.2% year-over-year).
- 2012: Revenue of $92.6M, expenses of $79.5M, and assets of $127.5M (revenue +29.3% year-over-year).
- 2011: Revenue of $71.6M, expenses of $74.4M, and assets of $108.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for U B Foundation Activities Inc:
Data Sources and Methodology
This transparency report for U B Foundation Activities Inc 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.