Unfi Foundation
EIN: 455023490 · Providence, RI · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.3M |
| Net Assets | $747K |
Is Unfi Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Unfi Foundation
Unfi Foundation (EIN: 455023490) is a nonprofit organization based in Providence, RI, classified under NTEE code T20. The organization reported total revenue of $2.0M and total assets of $837K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unfi Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unfi Foundation is a mid-size nonprofit that has been operating for 14 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 38.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$150K |
| Total Assets | $768K |
| Total Liabilities | $21K |
| Net Assets | $747K |
| Operating Margin | 10.0% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2023, Unfi Foundation reported a surplus of $150K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Unfi Foundation's revenue has grown at a compound annual growth rate (CAGR) of 38.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.0% | +8.9% | +1.7% |
| 2022 | -41.9% | -15.2% | -10.7% |
| 2021 | +266.0% | +80.1% | +92.4% |
| 2020 | -73.2% | -32.5% | -43.7% |
| 2019 | +222.1% | +89.1% | +2261.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Unfi Foundation 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 Unfi Foundation 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 surplus of $150K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about Unfi Foundation
Is Unfi Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Unfi Foundation (EIN: 455023490) insufficient data. 0 red flags identified, 0 strengths noted.
How does Unfi Foundation spend its money?
Detailed spending breakdown data is not yet available for Unfi Foundation. Check back for updated IRS 990 analysis.
Are donations to Unfi Foundation tax-deductible?
Unfi Foundation is registered as a tax-exempt nonprofit (EIN: 455023490). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Unfi Foundation located?
Unfi Foundation is headquartered in Providence, Rhode Island and files with the IRS under EIN 455023490. It is classified under NTEE code T20.
How many years of IRS 990 filings does Unfi Foundation have?
Unfi Foundation has 9 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Unfi Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Unfi Foundation's revenue has grown by 3620.9%, moving from $40K to $1.5M. Total assets increased by 12705.5% over the same period, from $6K to $768K. Total functional expenses rose by 3834%, from $34K to $1.3M. In its most recent filing year (2023), Unfi Foundation reported a surplus of $150K, with revenue exceeding expenses. The organization holds $21K in liabilities against $768K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $747K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.3M | $768K | $21K | — | View 990 |
| 2022 | $1.0M | $1.2M | $756K | $164K | — | View 990 |
| 2021 | $1.8M | $1.5M | $846K | $63K | — | View 990 |
| 2020 | $492K | $810K | $440K | $1 | — | View 990 |
| 2019 | $1.8M | $1.2M | $781K | $24K | — | — |
| 2015 | $570K | $635K | $33K | $27K | — | View 990 |
| 2014 | $537K | $481K | $154K | $83K | — | View 990 |
| 2013 | $367K | $358K | $15K | $0 | — | View 990 |
| 2012 | $40K | $34K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.3M, and assets of $768K (revenue +43.0% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.2M, and assets of $756K (revenue -41.9% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.5M, and assets of $846K (revenue +266.0% year-over-year).
- 2020: Revenue of $492K, expenses of $810K, and assets of $440K (revenue -73.2% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.2M, and assets of $781K (revenue +222.1% year-over-year).
- 2015: Revenue of $570K, expenses of $635K, and assets of $33K (revenue +6.0% year-over-year).
- 2014: Revenue of $537K, expenses of $481K, and assets of $154K (revenue +46.4% year-over-year).
- 2013: Revenue of $367K, expenses of $358K, and assets of $15K (revenue +812.1% year-over-year).
- 2012: Revenue of $40K, expenses of $34K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unfi Foundation:
Data Sources and Methodology
This transparency report for Unfi 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.