Umb Health Sciences Research Park Corporation
Umb Health Sciences Research Park Corporation maintains strong asset growth and zero executive compensation amidst fluctuating revenues.
EIN: 141875043 · Baltimore, MD · NTEE: S11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $1.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $18 |
| Net Assets | $16.4M |
| Transparency Score | 95/100 |
Is Umb Health Sciences Research Park Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Umb Health Sciences Research Park Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Umb Health Sciences Research Park Corporation
Umb Health Sciences Research Park Corporation (EIN: 141875043) is a nonprofit organization based in Baltimore, MD, classified under NTEE code S11. The organization reported total revenue of $5.4M and total assets of $17.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Umb Health Sciences Research Park Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Umb Health Sciences Research Park Corporation is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $17.6M |
| Total Liabilities | $1.2M |
| Net Assets | $16.4M |
| Operating Margin | 43.9% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 111.0 months |
Financial Health Grade: A
In 2023, Umb Health Sciences Research Park Corporation reported a surplus of $1.5M with revenue exceeding expenses, holds 111.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Umb Health Sciences Research Park Corporation's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +78.4% | +6.8% | +8.7% |
| 2022 | -0.9% | -0.1% | -0.3% |
| 2021 | -34.1% | +6.6% | -0.4% |
| 2020 | -21.7% | -4.9% | +1.3% |
| 2019 | +99.9% | -0.9% | +16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Umb Health Sciences Research Park Corporation with a Mission Score of 95 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, Umb Health Sciences Research Park Corporation 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 $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization of its size with assets nearing $18 million and suggests either a volunteer leadership structure or compensation is covered by an affiliated entity.
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 Umb Health Sciences Research Park Corporation:
- Consistent asset growth, from $13.7M in 2014 to $17.9M currently.
- Zero officer compensation reported across all filings, indicating high efficiency and transparency.
- Strong financial health with assets significantly exceeding liabilities (e.g., $17.6M assets vs. $1.2M liabilities in 2023).
- Stable expense management despite fluctuating revenues.
- High mission score due to efficiency and program focus.
Frequently Asked Questions about Umb Health Sciences Research Park Corporation
Is Umb Health Sciences Research Park Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Umb Health Sciences Research Park Corporation (EIN: 141875043) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Umb Health Sciences Research Park Corporation spend its money?
Umb Health Sciences Research Park Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Umb Health Sciences Research Park Corporation tax-deductible?
Umb Health Sciences Research Park Corporation is registered as a tax-exempt nonprofit (EIN: 141875043). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Umb Health Sciences Research Park Corporation CEO make?
Umb Health Sciences Research Park Corporation's highest-compensated officer earns $18 annually. The organization reported $5.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Umb Health Sciences Research Park Corporation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Umb Health Sciences Research Park Corporation is above average for NTEE category S11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Umb Health Sciences Research Park Corporation located?
Umb Health Sciences Research Park Corporation is headquartered in Baltimore, Maryland and files with the IRS under EIN 141875043. It is classified under NTEE code S11.
How many years of IRS 990 filings does Umb Health Sciences Research Park Corporation have?
Umb Health Sciences Research Park Corporation 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 $5.4M in total revenue.
Is Umb Health Sciences Research Park Corporation a good charity?
Based on the provided financial data, the organization appears to be a very good charity. It demonstrates strong financial health with growing assets, very low liabilities, and a consistent record of zero officer compensation, indicating a high degree of financial efficiency and a focus on its mission.
How does Umb Health Sciences Research Park Corporation manage its expenses?
The organization manages its expenses efficiently, with expenses remaining relatively stable (around $1.7-$1.9 million annually in recent years) even as revenues fluctuate. This suggests a disciplined approach to operational costs, allowing for asset growth.
What is the trend in Umb Health Sciences Research Park Corporation's assets?
Umb Health Sciences Research Park Corporation has shown consistent asset growth, increasing from $13,767,567 in 2014 to $17,897,910 currently. This indicates strong financial management and accumulation of resources.
Why is officer compensation 0%?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or their compensation is covered by an affiliated entity, which is a significant positive for donor confidence and resource allocation to programs.
Filing History
IRS 990 filing history for Umb Health Sciences Research Park Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Umb Health Sciences Research Park Corporation's revenue has grown by 222.6%, moving from $1.1M to $3.4M. Total assets increased by 122.7% over the same period, from $7.9M to $17.6M. Total functional expenses rose by 155%, from $747K to $1.9M. In its most recent filing year (2023), Umb Health Sciences Research Park Corporation reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $17.6M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $16.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $1.9M | $17.6M | $1.2M | — | View 990 |
| 2022 | $1.9M | $1.8M | $16.2M | $1.4M | — | View 990 |
| 2021 | $1.9M | $1.8M | $16.3M | $1.3M | — | View 990 |
| 2020 | $2.9M | $1.7M | $16.3M | $1.4M | — | View 990 |
| 2019 | $3.7M | $1.8M | $16.1M | $2.6M | — | View 990 |
| 2018 | $1.9M | $1.8M | $13.9M | $2.5M | — | View 990 |
| 2017 | $1.8M | $1.5M | $14.0M | $2.6M | — | View 990 |
| 2016 | $1.3M | $1.3M | $13.9M | $2.6M | — | View 990 |
| 2015 | $1.1M | $1.1M | $13.8M | $2.5M | — | View 990 |
| 2014 | $8.1M | $916K | $13.8M | $2.5M | — | View 990 |
| 2013 | $1.0M | $828K | $13.3M | $9.1M | — | View 990 |
| 2012 | $1.1M | $791K | $13.7M | $9.7M | — | View 990 |
| 2011 | $1.1M | $747K | $7.9M | $4.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $1.9M, and assets of $17.6M (revenue +78.4% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.8M, and assets of $16.2M (revenue -0.9% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.8M, and assets of $16.3M (revenue -34.1% year-over-year).
- 2020: Revenue of $2.9M, expenses of $1.7M, and assets of $16.3M (revenue -21.7% year-over-year).
- 2019: Revenue of $3.7M, expenses of $1.8M, and assets of $16.1M (revenue +99.9% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.8M, and assets of $13.9M (revenue +4.5% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.5M, and assets of $14.0M (revenue +42.0% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $13.9M (revenue +19.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $13.8M (revenue -86.9% year-over-year).
- 2014: Revenue of $8.1M, expenses of $916K, and assets of $13.8M (revenue +699.4% year-over-year).
- 2013: Revenue of $1.0M, expenses of $828K, and assets of $13.3M (revenue -6.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $791K, and assets of $13.7M (revenue +2.4% year-over-year).
- 2011: Revenue of $1.1M, expenses of $747K, and assets of $7.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Umb Health Sciences Research Park Corporation:
Data Sources and Methodology
This transparency report for Umb Health Sciences Research Park Corporation 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.