Ufa Spanish Prize Fund 7 0152
Ufa Spanish Prize Fund 7 0152 consistently spends more than it earns, operating on minimal revenue and assets.
EIN: 156014934 · Providence, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10 |
| Total Expenses | $15 |
| Program Spending | 70% |
| Net Assets | $196 |
| Transparency Score | 45/100 |
Is Ufa Spanish Prize Fund 7 0152 Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ufa Spanish Prize Fund 7 0152 directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Ufa Spanish Prize Fund 7 0152
Ufa Spanish Prize Fund 7 0152 (EIN: 156014934) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $10 and total assets of $196 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ufa Spanish Prize Fund 7 0152's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ufa Spanish Prize Fund 7 0152 is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $5 |
| Total Expenses | $15 |
| Surplus / Deficit | $-10 |
| Total Assets | $196 |
| Net Assets | $196 |
| Operating Margin | -200.0% |
| Months of Reserves | 156.8 months |
Financial Health Grade: B
In 2019, Ufa Spanish Prize Fund 7 0152 reported a deficit of $10 with expenses exceeding revenue, holds 156.8 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2019), Ufa Spanish Prize Fund 7 0152's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -16.7% | -11.8% | -26.9% |
| 2015 | -53.8% | +0.0% | -3.9% |
| 2014 | +8.3% | -15.0% | -1.4% |
| 2013 | -45.5% | +0.0% | -2.7% |
| 2012 | +450.0% | -25.9% | +0.7% |
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 Spanish Prize Fund 7 0152 with a Mission Score of 45 out of 100 (Fair). 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, Ufa Spanish Prize Fund 7 0152 allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers are paid, which is appropriate given the organization's extremely small size and 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 Spanish Prize Fund 7 0152's IRS 990 filings:
- Consistent deficit spending (expenses exceed revenue in all reported periods, e.g., $15 expenses vs. $5 revenue in 2019).
- Extremely low revenue and assets, indicating very limited operational capacity ($10 latest revenue, $196 assets).
- Unknown NTEE code, which limits understanding of its charitable purpose.
Strengths
The following positive indicators were identified for Ufa Spanish Prize Fund 7 0152:
- 0% officer compensation reported across all filings, indicating no executive salaries are paid.
Frequently Asked Questions about Ufa Spanish Prize Fund 7 0152
Is Ufa Spanish Prize Fund 7 0152 a legitimate charity?
Ufa Spanish Prize Fund 7 0152 (EIN: 156014934) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 45/100. It has 6 years of IRS 990 filings on record. Total revenue: $10. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Ufa Spanish Prize Fund 7 0152 spend its money?
Ufa Spanish Prize Fund 7 0152 directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Ufa Spanish Prize Fund 7 0152 tax-deductible?
Ufa Spanish Prize Fund 7 0152 is registered as a tax-exempt nonprofit (EIN: 156014934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ufa Spanish Prize Fund 7 0152's spending goes to programs?
Ufa Spanish Prize Fund 7 0152 directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Ufa Spanish Prize Fund 7 0152 located?
Ufa Spanish Prize Fund 7 0152 is headquartered in Providence, Rhode Island and files with the IRS under EIN 156014934.
How many years of IRS 990 filings does Ufa Spanish Prize Fund 7 0152 have?
Ufa Spanish Prize Fund 7 0152 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 $10 in total revenue.
What is the specific mission or purpose of the Ufa Spanish Prize Fund 7 0152?
The NTEE code is unknown, and without further information beyond the name, the specific mission or purpose of the organization is not clear from the provided financial data.
How does the organization cover its consistent deficit spending?
The organization consistently reports expenses exceeding revenue (e.g., $15 expenses vs. $5 revenue in 2019). This suggests it either draws down on its existing assets, receives non-revenue contributions not detailed in these summaries, or has other funding mechanisms not apparent from the provided data.
What are the specific programs or activities funded by the organization?
The provided data does not include a breakdown of expenses into specific program activities, making it impossible to determine what programs are being funded.
Filing History
IRS 990 filing history for Ufa Spanish Prize Fund 7 0152 showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Ufa Spanish Prize Fund 7 0152's revenue has grown by 25%, moving from $4 to $5. Total assets decreased by 32.2% over the same period, from $289 to $196. Total functional expenses fell by 44.4%, from $27 to $15. In its most recent filing year (2019), Ufa Spanish Prize Fund 7 0152 reported a deficit of $10, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $5 | $15 | $196 | $0 | — | View 990 |
| 2015 | $6 | $17 | $268 | $0 | — | View 990 |
| 2014 | $13 | $17 | $279 | $0 | — | View 990 |
| 2013 | $12 | $20 | $283 | $0 | — | View 990 |
| 2012 | $22 | $20 | $291 | $0 | — | View 990 |
| 2011 | $4 | $27 | $289 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $5, expenses of $15, and assets of $196 (revenue -16.7% year-over-year).
- 2015: Revenue of $6, expenses of $17, and assets of $268 (revenue -53.8% year-over-year).
- 2014: Revenue of $13, expenses of $17, and assets of $279 (revenue +8.3% year-over-year).
- 2013: Revenue of $12, expenses of $20, and assets of $283 (revenue -45.5% year-over-year).
- 2012: Revenue of $22, expenses of $20, and assets of $291 (revenue +450.0% year-over-year).
- 2011: Revenue of $4, expenses of $27, and assets of $289.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ufa Spanish Prize Fund 7 0152:
Data Sources and Methodology
This transparency report for Ufa Spanish Prize Fund 7 0152 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.