Understory Initiative
EIN: 831051907 · Medford, OR · NTEE: C30
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $781K |
| Net Assets | $73K |
Is Understory Initiative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Understory Initiative
Understory Initiative (EIN: 831051907) is a nonprofit organization based in Medford, OR, classified under NTEE code C30. The organization reported total revenue of $1.2M and total assets of $282K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Understory Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Understory Initiative is a mid-size nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 65.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $775K |
| Total Expenses | $781K |
| Surplus / Deficit | $-6,637 |
| Total Assets | $92K |
| Total Liabilities | $18K |
| Net Assets | $73K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 20.1% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2023, Understory Initiative reported a deficit of $7K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 20.1% (moderate leverage).
Financial Trends
Over 4 years of filings (2020–2023), Understory Initiative's revenue has grown at a compound annual growth rate (CAGR) of 65.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.6% | +74.0% | +13.1% |
| 2022 | +56.4% | +39.9% | +223.4% |
| 2021 | +87.3% | +112.8% | +11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Understory Initiative 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 Understory Initiative 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.1%.
Frequently Asked Questions about Understory Initiative
Is Understory Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, Understory Initiative (EIN: 831051907) insufficient data. 0 red flags identified, 0 strengths noted.
How does Understory Initiative spend its money?
Detailed spending breakdown data is not yet available for Understory Initiative. Check back for updated IRS 990 analysis.
Are donations to Understory Initiative tax-deductible?
Understory Initiative is registered as a tax-exempt nonprofit (EIN: 831051907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Understory Initiative located?
Understory Initiative is headquartered in Medford, Oregon and files with the IRS under EIN 831051907. It is classified under NTEE code C30.
How many years of IRS 990 filings does Understory Initiative have?
Understory Initiative has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Understory Initiative showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Understory Initiative's revenue has grown by 350%, moving from $172K to $775K. Total assets increased by 307.2% over the same period, from $23K to $92K. Total functional expenses rose by 418.3%, from $151K to $781K. In its most recent filing year (2023), Understory Initiative reported a deficit of $7K, with expenses exceeding revenue. The organization holds $18K in liabilities against $92K in assets (debt-to-asset ratio: 20.1%), resulting in net assets of $73K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $775K | $781K | $92K | $18K | — | — |
| 2022 | $505K | $449K | $81K | $2K | — | View 990 |
| 2021 | $323K | $321K | $25K | $2K | — | View 990 |
| 2020 | $172K | $151K | $23K | $711 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $775K, expenses of $781K, and assets of $92K (revenue +53.6% year-over-year).
- 2022: Revenue of $505K, expenses of $449K, and assets of $81K (revenue +56.4% year-over-year).
- 2021: Revenue of $323K, expenses of $321K, and assets of $25K (revenue +87.3% year-over-year).
- 2020: Revenue of $172K, expenses of $151K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Understory Initiative:
Data Sources and Methodology
This transparency report for Understory Initiative 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.