Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr
EIN: 521246412 · Washington, DC
| Metric | Value |
|---|---|
| Total Revenue | $746K |
| Total Expenses | $55K |
| Net Assets | $1.1M |
Is Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr
Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr (EIN: 521246412) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $746K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $55K |
| Surplus / Deficit | $-14,488 |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | -35.4% |
| Months of Reserves | 232.4 months |
Financial Health Grade: B
In 2023, Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr reported a deficit of $14K with expenses exceeding revenue, holds 232.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.3% | +19.8% | -0.3% |
| 2022 | -20.6% | +4.2% | -1.8% |
| 2021 | -37.7% | -24.8% | -0.8% |
| 2020 | -2.6% | -2.0% | +0.6% |
| 2019 | +0.3% | -19.3% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr with a Mission Score of 0 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
Frequently Asked Questions about Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr
Is Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr a legitimate charity?
Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr (EIN: 521246412) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $746K. No red flags identified. Financial health grade: B.
How does Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr spend its money?
Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr reported $746K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr tax-deductible?
Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr is registered as a tax-exempt nonprofit (EIN: 521246412). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr located?
Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr is headquartered in Washington, Washington DC and files with the IRS under EIN 521246412.
How many years of IRS 990 filings does Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr have?
Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr 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 $746K in total revenue.
Filing History
IRS 990 filing history for Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr's revenue has declined by 51.1%, moving from $84K to $41K. Total assets decreased by 8.9% over the same period, from $1.2M to $1.1M. Total functional expenses fell by 50.7%, from $112K to $55K. In its most recent filing year (2023), Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41K | $55K | $1.1M | $0 | — | View 990 |
| 2022 | $31K | $46K | $1.1M | $0 | — | — |
| 2021 | $40K | $44K | $1.1M | $0 | — | — |
| 2020 | $63K | $59K | $1.1M | $0 | — | — |
| 2019 | $65K | $60K | $1.1M | $0 | — | View 990 |
| 2018 | $65K | $75K | $1.1M | $0 | — | View 990 |
| 2017 | $63K | $61K | $1.1M | $0 | — | View 990 |
| 2016 | $63K | $73K | $1.1M | $0 | — | View 990 |
| 2015 | $58K | $76K | $1.1M | $0 | — | View 990 |
| 2014 | $73K | $76K | $1.1M | $0 | — | View 990 |
| 2013 | $82K | $92K | $1.1M | $0 | — | View 990 |
| 2012 | $74K | $110K | $1.1M | $0 | — | View 990 |
| 2011 | $84K | $112K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41K, expenses of $55K, and assets of $1.1M (revenue +30.3% year-over-year).
- 2022: Revenue of $31K, expenses of $46K, and assets of $1.1M (revenue -20.6% year-over-year).
- 2021: Revenue of $40K, expenses of $44K, and assets of $1.1M (revenue -37.7% year-over-year).
- 2020: Revenue of $63K, expenses of $59K, and assets of $1.1M (revenue -2.6% year-over-year).
- 2019: Revenue of $65K, expenses of $60K, and assets of $1.1M (revenue +0.3% year-over-year).
- 2018: Revenue of $65K, expenses of $75K, and assets of $1.1M (revenue +2.7% year-over-year).
- 2017: Revenue of $63K, expenses of $61K, and assets of $1.1M (revenue +1.2% year-over-year).
- 2016: Revenue of $63K, expenses of $73K, and assets of $1.1M (revenue +7.4% year-over-year).
- 2015: Revenue of $58K, expenses of $76K, and assets of $1.1M (revenue -20.6% year-over-year).
- 2014: Revenue of $73K, expenses of $76K, and assets of $1.1M (revenue -10.0% year-over-year).
- 2013: Revenue of $82K, expenses of $92K, and assets of $1.1M (revenue +10.7% year-over-year).
- 2012: Revenue of $74K, expenses of $110K, and assets of $1.1M (revenue -12.0% year-over-year).
- 2011: Revenue of $84K, expenses of $112K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr:
Data Sources and Methodology
This transparency report for Ufcw Professional Hair Care And Beauty Trades Div Sick Benefit Tr 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.