U Turns Inc
U Turns Inc experiences significant revenue growth but faces recent deficits and high liabilities.
EIN: 202442876 · Jacksonville, FL · NTEE: O50 · Updated: 2026-03-28
Is U Turns Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
U Turns Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About U Turns Inc
U Turns Inc (EIN: 202442876) is a nonprofit organization based in Jacksonville, FL, classified under NTEE code O50. The organization reported total revenue of $1.3M and total assets of $353K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of U Turns Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
U Turns Inc is a mid-size nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2014–2022). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $393K |
| Total Expenses | $495K |
| Surplus / Deficit | $-102,181 |
| Total Assets | $216K |
| Total Liabilities | $322K |
| Net Assets | $-106,495 |
| Operating Margin | -26.0% |
| Debt-to-Asset Ratio | 149.3% |
| Months of Reserves | 5.2 months |
Financial Health Grade: C
In 2022, U Turns Inc reported a deficit of $102K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 149.3% (high leverage).
Financial Trends
Over 9 years of filings (2014–2022), U Turns Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +36.8% | +74.3% | -31.1% |
| 2021 | +82.0% | +75.9% | +6787.4% |
| 2020 | +19.1% | +10.7% | -39.2% |
| 2019 | -5.0% | +12.9% | -70.9% |
| 2018 | +14.7% | +17.7% | +56.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Turns Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, U Turns Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $102K, with expenses exceeding revenue.
- Debt-to-asset ratio: 149.3%.
Executive Compensation Analysis
U Turns Inc consistently reports 0% officer compensation across all nine available filings, indicating that no salaries or other compensation are paid to its officers, which is highly unusual for an organization of its size and revenue, suggesting either volunteer leadership or compensation being reported under other expense categories.
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 Turns Inc's IRS 990 filings:
- Expenses exceeded revenue in 2022 ($495,302 vs $393,121).
- High liabilities-to-assets ratio in 2022 ($322,411 liabilities vs $215,916 assets).
- Lack of detailed functional expense breakdown in summary data, hindering full spending efficiency analysis.
- Consistent 0% officer compensation, which is unusual for an organization of its size and could indicate compensation is reported elsewhere or a reliance on unpaid leadership.
Strengths
The following positive indicators were identified for U Turns Inc:
- Significant revenue growth, with latest revenue at $1,252,451.
- Consistent IRS 990 filing history (9 filings), indicating transparency in reporting.
- Growth in assets over time, from $4,480 in 2016 to $353,139 currently.
- Consistent reporting of 0% officer compensation, suggesting low direct executive overhead.
Frequently Asked Questions about U Turns Inc
Is U Turns Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, U Turns Inc (EIN: 202442876) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does U Turns Inc spend its money?
U Turns Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to U Turns Inc tax-deductible?
U Turns Inc is registered as a tax-exempt nonprofit (EIN: 202442876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is U Turns Inc financially stable given its recent deficits?
While U Turns Inc has seen substantial revenue growth to $1,252,451, its 2022 filing showed expenses ($495,302) exceeding revenue ($393,121) and liabilities ($322,411) significantly higher than assets ($215,916). This indicates a potential short-term financial strain and reliance on debt, raising concerns about its immediate stability despite overall growth.
How does U Turns Inc manage its executive compensation?
U Turns Inc consistently reports 0% officer compensation in all its IRS 990 filings. This suggests that the organization's leadership may be entirely volunteer-based or that compensation is categorized differently, which would require further investigation of the full 990 forms to understand fully.
What is the trend in U Turns Inc's financial growth?
U Turns Inc has shown significant growth, particularly from 2020 ($157,952 revenue) to 2022 ($393,121 revenue) and its latest reported revenue of $1,252,451. This indicates a strong upward trajectory in its funding and operations, though recent deficits need to be monitored.
Are the liabilities a concern for U Turns Inc?
Yes, the liabilities are a concern. In 2022, U Turns Inc reported liabilities of $322,411 against assets of $215,916. This means the organization owes more than it owns, which can indicate financial stress or reliance on borrowed funds to sustain operations.
Filing History
IRS 990 filing history for U Turns Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2022), U Turns Inc's revenue has grown by 180.1%, moving from $140K to $393K. Total assets increased by 579.4% over the same period, from $32K to $216K. Total functional expenses rose by 356.3%, from $109K to $495K. In its most recent filing year (2022), U Turns Inc reported a deficit of $102K, with expenses exceeding revenue. The organization holds $322K in liabilities against $216K in assets (debt-to-asset ratio: 149.3%), resulting in net assets of $-106,495.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $393K | $495K | $216K | $322K | — | View 990 |
| 2021 | $287K | $284K | $314K | $313K | — | View 990 |
| 2020 | $158K | $162K | $5K | $8K | — | View 990 |
| 2019 | $133K | $146K | $7K | $7K | — | View 990 |
| 2018 | $140K | $129K | $26K | $0 | — | View 990 |
| 2017 | $122K | $110K | $16K | $927 | — | — |
| 2016 | $49K | $56K | $4K | $776 | — | View 990 |
| 2015 | $177K | $198K | $10K | $0 | — | View 990 |
| 2014 | $140K | $109K | $32K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $393K, expenses of $495K, and assets of $216K (revenue +36.8% year-over-year).
- 2021: Revenue of $287K, expenses of $284K, and assets of $314K (revenue +82.0% year-over-year).
- 2020: Revenue of $158K, expenses of $162K, and assets of $5K (revenue +19.1% year-over-year).
- 2019: Revenue of $133K, expenses of $146K, and assets of $7K (revenue -5.0% year-over-year).
- 2018: Revenue of $140K, expenses of $129K, and assets of $26K (revenue +14.7% year-over-year).
- 2017: Revenue of $122K, expenses of $110K, and assets of $16K (revenue +146.7% year-over-year).
- 2016: Revenue of $49K, expenses of $56K, and assets of $4K (revenue -72.1% year-over-year).
- 2015: Revenue of $177K, expenses of $198K, and assets of $10K (revenue +26.0% year-over-year).
- 2014: Revenue of $140K, expenses of $109K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for U Turns Inc:
Data Sources and Methodology
This transparency report for U Turns 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.