Ueland Foundation
Ueland Foundation consistently grows assets with zero reported officer compensation.
EIN: 203834658 · Seattle, WA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $334K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $11.4M |
| Transparency Score | 92/100 |
Is Ueland Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ueland Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ueland Foundation
Ueland Foundation (EIN: 203834658) is a nonprofit organization based in Seattle, WA, classified under NTEE code T22. The organization reported total revenue of $5.1M and total assets of $12.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ueland Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ueland Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $334K |
| Surplus / Deficit | +$910K |
| Total Assets | $11.4M |
| Total Liabilities | $1 |
| Net Assets | $11.4M |
| Operating Margin | 73.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 409.5 months |
Financial Health Grade: A
In 2023, Ueland Foundation reported a surplus of $910K with revenue exceeding expenses, holds 409.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ueland Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +365.5% | -41.0% | +6.2% |
| 2022 | -73.8% | +20.5% | -4.8% |
| 2021 | -8.8% | -8.8% | +14.3% |
| 2020 | +340.0% | -5.6% | +4.8% |
| 2019 | -58.8% | -13.1% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Ueland Foundation with a Mission Score of 92 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Ueland Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $910K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Ueland Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through non-officer roles, which is highly efficient for an organization of its size with assets exceeding $11 million.
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.
Strengths
The following positive indicators were identified for Ueland Foundation:
- Consistent asset growth, from $9.08M in 2011 to $11.39M in 2023.
- Zero reported officer compensation across all 10 filings, indicating high efficiency.
- Strong financial health with revenue consistently exceeding expenses in most recent years (e.g., $1.24M revenue vs. $333K expenses in 2023).
- Low liabilities, consistently reported as $1 in recent years, indicating sound financial management.
- Consistent filing history over 10 years, demonstrating transparency.
Frequently Asked Questions about Ueland Foundation
Is Ueland Foundation a legitimate charity?
Ueland Foundation (EIN: 203834658) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Ueland Foundation spend its money?
Ueland Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ueland Foundation tax-deductible?
Ueland Foundation is registered as a tax-exempt nonprofit (EIN: 203834658). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ueland Foundation CEO make?
Ueland Foundation's highest-compensated officer earns $11 annually. The organization reported $5.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Ueland Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Ueland Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ueland Foundation located?
Ueland Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 203834658. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ueland Foundation have?
Ueland Foundation has 10 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 $5.1M in total revenue.
Is Ueland Foundation a good charity?
Based on its financial data, Ueland Foundation appears to be a very good charity. It consistently maintains a healthy financial position, grows its assets, and reports zero officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How does Ueland Foundation manage its expenses?
The foundation manages its expenses very efficiently. In 2023, expenses were $333,979 against revenue of $1,244,291, indicating a low expense ratio. This trend of expenses being significantly lower than revenue is common across many filing periods, contributing to asset growth.
What is the trend in Ueland Foundation's assets?
The Ueland Foundation shows a strong upward trend in assets, growing from $9,087,213 in 2011 to $11,396,039 in 2023, demonstrating consistent financial growth and stability.
Filing History
IRS 990 filing history for Ueland Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ueland Foundation's revenue has grown by 186.2%, moving from $435K to $1.2M. Total assets increased by 25.4% over the same period, from $9.1M to $11.4M. Total functional expenses fell by 42.9%, from $585K to $334K. In its most recent filing year (2023), Ueland Foundation reported a surplus of $910K, with revenue exceeding expenses. The organization holds $1 in liabilities against $11.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $334K | $11.4M | $1 | — | View 990 |
| 2022 | $267K | $567K | $10.7M | $1 | — | View 990 |
| 2021 | $1.0M | $470K | $11.3M | $1 | — | View 990 |
| 2020 | $1.1M | $516K | $9.9M | $1 | — | View 990 |
| 2019 | $254K | $547K | $9.4M | $1 | — | — |
| 2015 | $616K | $629K | $8.8M | $1 | — | View 990 |
| 2014 | $395K | $381K | $8.8M | $1 | — | View 990 |
| 2013 | $485K | $1.1M | $8.8M | $0 | — | View 990 |
| 2012 | $754K | $404K | $9.4M | $0 | — | View 990 |
| 2011 | $435K | $585K | $9.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $334K, and assets of $11.4M (revenue +365.5% year-over-year).
- 2022: Revenue of $267K, expenses of $567K, and assets of $10.7M (revenue -73.8% year-over-year).
- 2021: Revenue of $1.0M, expenses of $470K, and assets of $11.3M (revenue -8.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $516K, and assets of $9.9M (revenue +340.0% year-over-year).
- 2019: Revenue of $254K, expenses of $547K, and assets of $9.4M (revenue -58.8% year-over-year).
- 2015: Revenue of $616K, expenses of $629K, and assets of $8.8M (revenue +56.0% year-over-year).
- 2014: Revenue of $395K, expenses of $381K, and assets of $8.8M (revenue -18.6% year-over-year).
- 2013: Revenue of $485K, expenses of $1.1M, and assets of $8.8M (revenue -35.7% year-over-year).
- 2012: Revenue of $754K, expenses of $404K, and assets of $9.4M (revenue +73.3% year-over-year).
- 2011: Revenue of $435K, expenses of $585K, and assets of $9.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ueland Foundation:
Data Sources and Methodology
This transparency report for Ueland Foundation 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.