Uncle Mike Foundation
Uncle Mike Foundation consistently operates at a deficit, with expenses frequently exceeding revenue over the past decade.
EIN: 203380867 · Honolulu, HI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $51K |
| Total Expenses | $77K |
| Program Spending | 60% |
| Net Assets | $1.5M |
| Transparency Score | 45/100 |
Is Uncle Mike Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Uncle Mike Foundation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Uncle Mike Foundation
Uncle Mike Foundation (EIN: 203380867) is a nonprofit organization based in Honolulu, HI, classified under NTEE code T22. The organization reported total revenue of $51K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Uncle Mike Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Uncle Mike Foundation is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $77K |
| Surplus / Deficit | $-44,238 |
| Total Assets | $1.5M |
| Total Liabilities | $1 |
| Net Assets | $1.5M |
| Operating Margin | -136.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 228.9 months |
Financial Health Grade: B
In 2023, Uncle Mike Foundation reported a deficit of $44K with expenses exceeding revenue, holds 228.9 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), Uncle Mike Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +401.0% | -21.4% | +39.9% |
| 2022 | -90.9% | +5.0% | -8.0% |
| 2020 | -609.9% | +34.9% | -16.4% |
| 2019 | -53.9% | -22.8% | +7.2% |
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 Uncle Mike Foundation 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: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Uncle Mike Foundation allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that officers are either unpaid volunteers or that compensation is not reported in a way that is visible in this summary data. This indicates a low overhead in terms of executive salaries, which is generally positive for a nonprofit.
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 Uncle Mike Foundation's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., 2023: $32,504 revenue vs. $76,742 expenses).
- Significant negative revenue reported in 2020 ($-107,247), which is highly unusual and unexplained.
- Volatility in asset values over time, suggesting potential asset drawdowns or significant fluctuations in investments.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Uncle Mike Foundation:
- No reported officer compensation across all filings, indicating low executive overhead.
- Maintains a substantial asset base ($1,696,203 latest), providing some financial cushion.
- Long filing history (10 filings) demonstrates consistent reporting to the IRS, indicating transparency in compliance.
Frequently Asked Questions about Uncle Mike Foundation
Is Uncle Mike Foundation a legitimate charity?
Uncle Mike Foundation (EIN: 203380867) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $51K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Uncle Mike Foundation spend its money?
Uncle Mike Foundation directs 60% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.
Are donations to Uncle Mike Foundation tax-deductible?
Uncle Mike Foundation is registered as a tax-exempt nonprofit (EIN: 203380867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Uncle Mike Foundation's spending goes to programs?
Uncle Mike Foundation directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Uncle Mike Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Uncle Mike Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Uncle Mike Foundation located?
Uncle Mike Foundation is headquartered in Honolulu, Hawaii and files with the IRS under EIN 203380867. It is classified under NTEE code T22.
How many years of IRS 990 filings does Uncle Mike Foundation have?
Uncle Mike 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 $51K in total revenue.
How does Uncle Mike Foundation cover its consistent operational deficits?
The foundation appears to be drawing down its assets or relying on irregular large contributions to cover its expenses, as evidenced by the consistent negative net income (expenses exceeding revenue) across most years, such as $76,742 in expenses vs. $32,504 in revenue in 2023.
What caused the negative revenue of $-107,247 in 2020?
A negative revenue figure is highly unusual and could indicate a significant return of contributions, a major accounting adjustment, or a reporting error. This specific event would require a deeper dive into the 2020 IRS 990 filing to understand the exact nature of this financial anomaly.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. Without this information, it's challenging to precisely evaluate the organization's spending efficiency and how much of its budget directly supports its mission.
Is the current asset base sufficient to sustain operations given the consistent deficits?
While the foundation has substantial assets ($1,696,203 latest), consistent operational deficits, such as the $44,238 deficit in 2023 ($32,504 revenue - $76,742 expenses), will gradually erode this asset base if not addressed by increased revenue or reduced expenses. The long-term sustainability is questionable under current trends.
Filing History
IRS 990 filing history for Uncle Mike Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Uncle Mike Foundation's revenue has grown by 27.5%, moving from $25K to $33K. Total assets increased by 30.5% over the same period, from $1.1M to $1.5M. Total functional expenses fell by 3%, from $79K to $77K. In its most recent filing year (2023), Uncle Mike Foundation reported a deficit of $44K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $77K | $1.5M | $1 | — | — |
| 2022 | $6K | $98K | $1.0M | $1 | — | View 990 |
| 2021 | $71K | $93K | $1.1M | $1 | — | — |
| 2020 | $-107,247 | $85K | $1.2M | $1 | — | View 990 |
| 2019 | $21K | $63K | $1.4M | $0 | — | View 990 |
| 2015 | $46K | $82K | $1.3M | $2K | — | View 990 |
| 2014 | $76K | $84K | $1.4M | $1 | — | View 990 |
| 2013 | $50K | $57K | $1.4M | $0 | — | View 990 |
| 2012 | $31K | $69K | $1.2M | $0 | — | View 990 |
| 2011 | $25K | $79K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $77K, and assets of $1.5M (revenue +401.0% year-over-year).
- 2022: Revenue of $6K, expenses of $98K, and assets of $1.0M (revenue -90.9% year-over-year).
- 2021: Revenue of $71K, expenses of $93K, and assets of $1.1M.
- 2020: Revenue of $-107,247, expenses of $85K, and assets of $1.2M (revenue -609.9% year-over-year).
- 2019: Revenue of $21K, expenses of $63K, and assets of $1.4M (revenue -53.9% year-over-year).
- 2015: Revenue of $46K, expenses of $82K, and assets of $1.3M (revenue -40.1% year-over-year).
- 2014: Revenue of $76K, expenses of $84K, and assets of $1.4M (revenue +52.1% year-over-year).
- 2013: Revenue of $50K, expenses of $57K, and assets of $1.4M (revenue +59.9% year-over-year).
- 2012: Revenue of $31K, expenses of $69K, and assets of $1.2M (revenue +22.9% year-over-year).
- 2011: Revenue of $25K, expenses of $79K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Uncle Mike Foundation:
Data Sources and Methodology
This transparency report for Uncle Mike 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.