Union Club Company
EIN: 340587560 · Cleveland, OH
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $3.3M |
| Net Assets | $3.4M |
Is Union Club Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Union Club Company
Union Club Company (EIN: 340587560) is a nonprofit organization based in Cleveland, OH. The organization reported total revenue of $6.9M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union Club Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Union Club Company is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 340.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.3M |
| Surplus / Deficit | +$368K |
| Total Assets | $8.7M |
| Total Liabilities | $5.3M |
| Net Assets | $3.4M |
| Operating Margin | 9.9% |
| Debt-to-Asset Ratio | 60.6% |
| Months of Reserves | 31.4 months |
Financial Health Grade: A
In 2023, Union Club Company reported a surplus of $368K with revenue exceeding expenses, holds 31.4 months of operating reserves (strong position), has a debt-to-asset ratio of 60.6% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Union Club Company's revenue has grown at a compound annual growth rate (CAGR) of 340.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +340.0% | +271.5% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Union Club Company 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 Union Club Company 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 $368K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.6%.
Frequently Asked Questions about Union Club Company
Is Union Club Company a legitimate charity?
Union Club Company (EIN: 340587560) is a registered tax-exempt nonprofit based in Ohio. It has 2 years of IRS 990 filings on record. Total revenue: $6.9M. No red flags identified. Financial health grade: A.
How does Union Club Company spend its money?
Union Club Company reported $6.9M in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Union Club Company tax-deductible?
Union Club Company is registered as a tax-exempt nonprofit (EIN: 340587560). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Union Club Company located?
Union Club Company is headquartered in Cleveland, Ohio and files with the IRS under EIN 340587560.
How many years of IRS 990 filings does Union Club Company have?
Union Club Company has 2 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 $6.9M in total revenue.
Filing History
IRS 990 filing history for Union Club Company showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Union Club Company's revenue has grown by 340%, moving from $841K to $3.7M. Total assets decreased by 5.9% over the same period, from $9.3M to $8.7M. Total functional expenses rose by 271.5%, from $897K to $3.3M. In its most recent filing year (2023), Union Club Company reported a surplus of $368K, with revenue exceeding expenses. The organization holds $5.3M in liabilities against $8.7M in assets (debt-to-asset ratio: 60.6%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $3.3M | $8.7M | $5.3M | — | View 990 |
| 2022 | $841K | $897K | $9.3M | $6.2M | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Union Club Company:
Data Sources and Methodology
This transparency report for Union Club Company 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.