Uniform Retailers Association Inc
Uniform Retailers Association Inc. shows fluctuating financial health with recent positive net income but declining assets.
EIN: 208639352 · Albemarle, NC · NTEE: S41 · Updated: 2026-03-28
Is Uniform Retailers Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Uniform Retailers Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Uniform Retailers Association Inc
Uniform Retailers Association Inc (EIN: 208639352) is a nonprofit organization based in Albemarle, NC, classified under NTEE code S41. The organization reported total revenue of $364K and total assets of $389K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Uniform Retailers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Uniform Retailers Association Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Uniform Retailers Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This is a strong positive for an organization of its size, suggesting resources are directed elsewhere.
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 Uniform Retailers Association Inc's IRS 990 filings:
- Significant and inconsistent annual deficits, particularly in 2022 where expenses ($552,547) far exceeded revenue ($218,971).
- Consistent decline in total assets from a peak of $1,051,925 in 2017 to $455,262 in 2023, indicating potential erosion of financial reserves.
Strengths
The following positive indicators were identified for Uniform Retailers Association Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial transparency and a focus on mission over executive pay.
- Positive net income in the most recent filing (2023), with revenue of $365,133 exceeding expenses of $325,562.
Frequently Asked Questions about Uniform Retailers Association Inc
Is Uniform Retailers Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Uniform Retailers Association Inc (EIN: 208639352) some concerns. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
How does Uniform Retailers Association Inc spend its money?
Uniform Retailers Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Uniform Retailers Association Inc tax-deductible?
Uniform Retailers Association Inc is registered as a tax-exempt nonprofit (EIN: 208639352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant expense increase in 2022 ($552,547) compared to revenue ($218,971)?
The 2022 filing shows a substantial deficit, with expenses more than double the revenue. Further detail from the 990 would be needed to understand if this was due to a one-time event, investment losses, or a significant program expansion not matched by funding.
Why have the organization's assets declined from over $1 million in 2017-2018 to $455,262 in 2023?
The consistent decline in assets over several years suggests either significant spending from reserves, investment losses, or a shift in financial strategy. Understanding the nature of these asset changes is crucial for assessing long-term stability.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the organization reports 0% officer compensation, a detailed functional expense breakdown is necessary to fully evaluate spending efficiency and ensure the majority of funds are directed towards its NTEE code S41 mission.
Filing History
IRS 990 filing history for Uniform Retailers Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Uniform Retailers Association Inc's revenue has grown by 22.5%, moving from $298K to $365K. Total assets increased by 33% over the same period, from $342K to $455K. Total functional expenses rose by 15%, from $283K to $326K. In its most recent filing year (2023), Uniform Retailers Association Inc reported a surplus of $40K, with revenue exceeding expenses. The organization holds $160K in liabilities against $455K in assets (debt-to-asset ratio: 35.1%), resulting in net assets of $295K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $365K | $326K | $455K | $160K | — | View 990 |
| 2022 | $219K | $553K | $495K | $239K | — | View 990 |
| 2021 | $408K | $475K | $643K | $54K | — | View 990 |
| 2020 | $110K | $120K | $968K | $312K | — | — |
| 2019 | $631K | $664K | $952K | $286K | — | View 990 |
| 2018 | $453K | $463K | $1.0M | $337K | — | View 990 |
| 2017 | $528K | $476K | $1.1M | $342K | — | View 990 |
| 2016 | $455K | $459K | $1.0M | $366K | — | View 990 |
| 2015 | $409K | $361K | $909K | $248K | — | View 990 |
| 2014 | $424K | $320K | $905K | $292K | — | View 990 |
| 2013 | $416K | $282K | $804K | $295K | — | View 990 |
| 2012 | $376K | $320K | $607K | $231K | — | View 990 |
| 2011 | $298K | $283K | $342K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $365K, expenses of $326K, and assets of $455K (revenue +66.7% year-over-year).
- 2022: Revenue of $219K, expenses of $553K, and assets of $495K (revenue -46.3% year-over-year).
- 2021: Revenue of $408K, expenses of $475K, and assets of $643K (revenue +270.1% year-over-year).
- 2020: Revenue of $110K, expenses of $120K, and assets of $968K (revenue -82.5% year-over-year).
- 2019: Revenue of $631K, expenses of $664K, and assets of $952K (revenue +39.1% year-over-year).
- 2018: Revenue of $453K, expenses of $463K, and assets of $1.0M (revenue -14.1% year-over-year).
- 2017: Revenue of $528K, expenses of $476K, and assets of $1.1M (revenue +15.8% year-over-year).
- 2016: Revenue of $455K, expenses of $459K, and assets of $1.0M (revenue +11.3% year-over-year).
- 2015: Revenue of $409K, expenses of $361K, and assets of $909K (revenue -3.5% year-over-year).
- 2014: Revenue of $424K, expenses of $320K, and assets of $905K (revenue +2.1% year-over-year).
- 2013: Revenue of $416K, expenses of $282K, and assets of $804K (revenue +10.6% year-over-year).
- 2012: Revenue of $376K, expenses of $320K, and assets of $607K (revenue +26.1% year-over-year).
- 2011: Revenue of $298K, expenses of $283K, and assets of $342K.
Data Sources and Methodology
This transparency report for Uniform Retailers Association Inc 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.