Unfoldingword
Unfoldingword shows consistent revenue growth and strong program spending efficiency with no reported officer compensation.
EIN: 141888977 · Orlando, FL · NTEE: X02 · Updated: 2026-03-28
Is Unfoldingword Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Unfoldingword directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Unfoldingword
Unfoldingword (EIN: 141888977) is a nonprofit organization based in Orlando, FL, classified under NTEE code X02. The organization reported total revenue of $10.7M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unfoldingword's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unfoldingword is a large nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 44.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.0M |
| Total Expenses | $10.8M |
| Surplus / Deficit | +$153K |
| Total Assets | $3.0M |
| Total Liabilities | $1.5M |
| Net Assets | $1.4M |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 51.5% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Unfoldingword reported a surplus of $153K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 51.5% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Unfoldingword's revenue has grown at a compound annual growth rate (CAGR) of 44.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.4% | +12.4% | -5.3% |
| 2022 | +66.2% | +58.6% | +87.3% |
| 2021 | +12.5% | +37.1% | -0.8% |
| 2020 | +24.3% | +14.3% | +118.1% |
| 2019 | +28.1% | +15.5% | +145.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2004 |
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 Unfoldingword with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Unfoldingword allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $153K, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.5%.
Executive Compensation Analysis
Unfoldingword consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees. This suggests a highly volunteer-driven leadership or a structure where executive roles are compensated through other means not classified as officer compensation, or that all compensation is directed to non-officer roles, which is highly unusual for an organization of this size and revenue.
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 Unfoldingword's IRS 990 filings:
- Consistent 0% officer compensation for an organization with over $10M in revenue could indicate compensation is reported under other categories or a highly unusual operational model, warranting further investigation into how leadership is compensated.
Strengths
The following positive indicators were identified for Unfoldingword:
- Strong and consistent revenue growth, increasing from $1.3M in 2017 to $10.9M in 2023.
- High percentage of expenses dedicated to program services (approximately 85% in 2023).
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to mission.
- Healthy growth in assets, from $225,955 in 2017 to $2,970,780 in 2023, providing financial stability.
- Positive net income in most recent years, indicating sustainable operations.
Frequently Asked Questions about Unfoldingword
Is Unfoldingword a legitimate charity?
Based on AI analysis of IRS 990 filings, Unfoldingword (EIN: 141888977) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Unfoldingword spend its money?
Unfoldingword directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Unfoldingword tax-deductible?
Unfoldingword is registered as a tax-exempt nonprofit (EIN: 141888977). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Unfoldingword a good charity?
Based on its financial data, Unfoldingword appears to be a very good charity. It demonstrates strong program spending (85% in 2023), consistent revenue growth, and reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has Unfoldingword's revenue grown over time?
Unfoldingword has experienced significant revenue growth, increasing from $1,304,432 in 2017 to $10,976,427 in 2023, representing an almost tenfold increase in six years.
What is Unfoldingword's financial stability?
Unfoldingword shows good financial stability, with assets growing from $225,955 in 2017 to $2,970,780 in 2023. While liabilities have also increased, the organization maintains a healthy asset base relative to its operations.
What is Unfoldingword's spending efficiency?
Unfoldingword demonstrates high spending efficiency, with approximately 85% of its total expenses in 2023 ($9,200,000 out of $10,823,758) allocated directly to program services, indicating a strong focus on its mission.
Does Unfoldingword pay its executives?
According to all available IRS 990 filings, Unfoldingword consistently reports 0% officer compensation, suggesting that no compensation is paid to its officers, directors, trustees, or key employees as defined by the IRS.
Filing History
IRS 990 filing history for Unfoldingword showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Unfoldingword's revenue has grown by 11970.4%, moving from $91K to $11.0M. Total assets increased by 8201.3% over the same period, from $36K to $3.0M. Total functional expenses rose by 15368.7%, from $70K to $10.8M. In its most recent filing year (2023), Unfoldingword reported a surplus of $153K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $3.0M in assets (debt-to-asset ratio: 51.5%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.0M | $10.8M | $3.0M | $1.5M | — | — |
| 2022 | $9.9M | $9.6M | $3.1M | $1.8M | — | View 990 |
| 2021 | $5.9M | $6.1M | $1.7M | $434K | — | View 990 |
| 2020 | $5.3M | $4.4M | $1.7M | $306K | — | — |
| 2019 | $4.2M | $3.9M | $774K | $232K | — | View 990 |
| 2018 | $3.3M | $3.4M | $316K | $140K | — | View 990 |
| 2017 | $1.3M | $1.1M | $226K | $6K | — | View 990 |
| 2016 | $80K | $124K | $77K | $11K | — | View 990 |
| 2015 | $146K | $258K | $118K | $9K | — | View 990 |
| 2014 | $386K | $331K | $243K | $23K | — | View 990 |
| 2013 | $257K | $263K | $187K | $21K | — | View 990 |
| 2012 | $255K | $172K | $184K | $14K | — | View 990 |
| 2011 | $164K | $103K | $97K | $9K | — | View 990 |
| 2010 | $91K | $70K | $36K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.0M, expenses of $10.8M, and assets of $3.0M (revenue +11.4% year-over-year).
- 2022: Revenue of $9.9M, expenses of $9.6M, and assets of $3.1M (revenue +66.2% year-over-year).
- 2021: Revenue of $5.9M, expenses of $6.1M, and assets of $1.7M (revenue +12.5% year-over-year).
- 2020: Revenue of $5.3M, expenses of $4.4M, and assets of $1.7M (revenue +24.3% year-over-year).
- 2019: Revenue of $4.2M, expenses of $3.9M, and assets of $774K (revenue +28.1% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.4M, and assets of $316K (revenue +153.7% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.1M, and assets of $226K (revenue +1528.9% year-over-year).
- 2016: Revenue of $80K, expenses of $124K, and assets of $77K (revenue -45.3% year-over-year).
- 2015: Revenue of $146K, expenses of $258K, and assets of $118K (revenue -62.1% year-over-year).
- 2014: Revenue of $386K, expenses of $331K, and assets of $243K (revenue +50.0% year-over-year).
- 2013: Revenue of $257K, expenses of $263K, and assets of $187K (revenue +0.8% year-over-year).
- 2012: Revenue of $255K, expenses of $172K, and assets of $184K (revenue +55.5% year-over-year).
- 2011: Revenue of $164K, expenses of $103K, and assets of $97K (revenue +80.4% year-over-year).
- 2010: Revenue of $91K, expenses of $70K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unfoldingword:
Data Sources and Methodology
This transparency report for Unfoldingword 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.