Ufa Salutorian Scholarship Fund
Ufa Salutorian Scholarship Fund reports minimal financial activity with $1 in revenue and assets in 2019.
EIN: 156014947 · Providence, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Net Assets | $1 |
| Transparency Score | 10/100 |
Is Ufa Salutorian Scholarship Fund Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ufa Salutorian Scholarship Fund
Ufa Salutorian Scholarship Fund (EIN: 156014947) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $1 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ufa Salutorian Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ufa Salutorian Scholarship Fund is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2019).
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2019, Ufa Salutorian Scholarship Fund reported a surplus of $1 with revenue exceeding expenses.
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -100.0% | -22.7% | -30.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Ufa Salutorian Scholarship Fund with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Ufa Salutorian Scholarship Fund allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating no salaries or other compensation paid to officers, which is appropriate for an organization with such minimal financial activity.
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 Ufa Salutorian Scholarship Fund's IRS 990 filings:
- Extremely low revenue and assets, indicating potential dormancy or ineffectiveness.
- No reported expenses in the most recent filing (2019), suggesting no program activity.
Strengths
The following positive indicators were identified for Ufa Salutorian Scholarship Fund:
- Consistent IRS 990-EZ filings, demonstrating basic compliance.
- No executive compensation reported, indicating no personal financial benefit to officers.
Frequently Asked Questions about Ufa Salutorian Scholarship Fund
Is Ufa Salutorian Scholarship Fund a legitimate charity?
Ufa Salutorian Scholarship Fund (EIN: 156014947) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 10/100. It has 6 years of IRS 990 filings on record. Total revenue: $1. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Ufa Salutorian Scholarship Fund spend its money?
Ufa Salutorian Scholarship Fund reported $1 in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ufa Salutorian Scholarship Fund tax-deductible?
Ufa Salutorian Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 156014947). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ufa Salutorian Scholarship Fund located?
Ufa Salutorian Scholarship Fund is headquartered in Providence, Rhode Island and files with the IRS under EIN 156014947.
How many years of IRS 990 filings does Ufa Salutorian Scholarship Fund have?
Ufa Salutorian Scholarship Fund has 6 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 $1 in total revenue.
Is Ufa Salutorian Scholarship Fund actively providing scholarships?
Based on the reported $0 in expenses in 2019 and consistently low expenses in prior years (e.g., $17 in 2015), it is highly unlikely the organization is actively providing scholarships or engaging in significant program activities.
Why does the organization continue to file if it has minimal activity?
Organizations are generally required to file IRS Form 990-EZ if their gross receipts are less than $200,000 and total assets are less than $500,000. Continuing to file, even with minimal activity, maintains its tax-exempt status.
What is the purpose of the organization given its financial state?
While its stated purpose is a scholarship fund, its current financial state suggests it is either dormant, in the process of winding down, or exists primarily on paper with no active operations.
Filing History
IRS 990 filing history for Ufa Salutorian Scholarship Fund showing financial trends over 6 years of public records:
Total assets decreased by 99.4% over the same period, from $156 to $1. Total functional expenses fell by 100%, from $52 to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $1 | $0 | $1 | $0 | — | View 990 |
| 2015 | $0 | $17 | $41 | $0 | — | View 990 |
| 2014 | $1 | $22 | $59 | $0 | — | View 990 |
| 2013 | $0 | $25 | $81 | $0 | — | View 990 |
| 2012 | $0 | $50 | $106 | $0 | — | View 990 |
| 2011 | $0 | $52 | $156 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $1, expenses of $0, and assets of $1.
- 2015: Revenue of $0, expenses of $17, and assets of $41 (revenue -100.0% year-over-year).
- 2014: Revenue of $1, expenses of $22, and assets of $59.
- 2013: Revenue of $0, expenses of $25, and assets of $81.
- 2012: Revenue of $0, expenses of $50, and assets of $106.
- 2011: Revenue of $0, expenses of $52, and assets of $156.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ufa Salutorian Scholarship Fund:
Data Sources and Methodology
This transparency report for Ufa Salutorian Scholarship Fund 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.