Union Council On Aging Inc
EIN: 720651270 · Farmerville, LA
| Metric | Value |
|---|---|
| Total Revenue | $824K |
| Total Expenses | $635K |
| Net Assets | $710K |
Is Union Council On Aging Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Union Council On Aging Inc
Union Council On Aging Inc (EIN: 720651270) is a nonprofit organization based in Farmerville, LA. The organization reported total revenue of $824K and total assets of $718K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union Council On Aging Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Union Council On Aging Inc is a small nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $652K |
| Total Expenses | $635K |
| Surplus / Deficit | +$17K |
| Total Assets | $735K |
| Total Liabilities | $25K |
| Net Assets | $710K |
| Operating Margin | 2.6% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2023, Union Council On Aging Inc reported a surplus of $17K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Union Council On Aging Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.3% | +15.0% | -0.2% |
| 2022 | -11.4% | +3.6% | +3.6% |
| 2021 | +10.6% | +0.2% | +15.4% |
| 2020 | +23.0% | +6.7% | +0.7% |
| 2019 | +0.1% | -2.4% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Union Council On Aging Inc 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 Council On Aging Inc 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 $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Frequently Asked Questions about Union Council On Aging Inc
Is Union Council On Aging Inc a legitimate charity?
Union Council On Aging Inc (EIN: 720651270) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $824K. No red flags identified. Financial health grade: A.
How does Union Council On Aging Inc spend its money?
Union Council On Aging Inc reported $824K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Union Council On Aging Inc tax-deductible?
Union Council On Aging Inc is registered as a tax-exempt nonprofit (EIN: 720651270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Union Council On Aging Inc located?
Union Council On Aging Inc is headquartered in Farmerville, Louisiana and files with the IRS under EIN 720651270.
How many years of IRS 990 filings does Union Council On Aging Inc have?
Union Council On Aging Inc has 13 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 $824K in total revenue.
Filing History
IRS 990 filing history for Union Council On Aging Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Union Council On Aging Inc's revenue has declined by 9.6%, moving from $722K to $652K. Total assets increased by 20.3% over the same period, from $611K to $735K. Total functional expenses rose by 5.1%, from $605K to $635K. In its most recent filing year (2023), Union Council On Aging Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $25K in liabilities against $735K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $710K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $652K | $635K | $735K | $25K | — | View 990 |
| 2022 | $552K | $552K | $737K | $43K | — | View 990 |
| 2021 | $623K | $533K | $711K | $17K | — | View 990 |
| 2020 | $563K | $532K | $616K | $12K | — | View 990 |
| 2019 | $458K | $498K | $612K | $39K | — | View 990 |
| 2018 | $457K | $510K | $651K | $37K | — | View 990 |
| 2017 | $459K | $473K | $693K | $26K | — | View 990 |
| 2016 | $458K | $486K | $714K | $32K | — | View 990 |
| 2015 | $607K | $477K | $726K | $16K | — | View 990 |
| 2014 | $649K | $625K | $616K | $37K | — | View 990 |
| 2013 | $647K | $617K | $708K | $152K | — | View 990 |
| 2012 | $655K | $596K | $682K | $157K | — | View 990 |
| 2011 | $722K | $605K | $611K | $145K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $652K, expenses of $635K, and assets of $735K (revenue +18.3% year-over-year).
- 2022: Revenue of $552K, expenses of $552K, and assets of $737K (revenue -11.4% year-over-year).
- 2021: Revenue of $623K, expenses of $533K, and assets of $711K (revenue +10.6% year-over-year).
- 2020: Revenue of $563K, expenses of $532K, and assets of $616K (revenue +23.0% year-over-year).
- 2019: Revenue of $458K, expenses of $498K, and assets of $612K (revenue +0.1% year-over-year).
- 2018: Revenue of $457K, expenses of $510K, and assets of $651K (revenue -0.2% year-over-year).
- 2017: Revenue of $459K, expenses of $473K, and assets of $693K (revenue +0.1% year-over-year).
- 2016: Revenue of $458K, expenses of $486K, and assets of $714K (revenue -24.6% year-over-year).
- 2015: Revenue of $607K, expenses of $477K, and assets of $726K (revenue -6.4% year-over-year).
- 2014: Revenue of $649K, expenses of $625K, and assets of $616K (revenue +0.2% year-over-year).
- 2013: Revenue of $647K, expenses of $617K, and assets of $708K (revenue -1.2% year-over-year).
- 2012: Revenue of $655K, expenses of $596K, and assets of $682K (revenue -9.2% year-over-year).
- 2011: Revenue of $722K, expenses of $605K, and assets of $611K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Union Council On Aging Inc:
Data Sources and Methodology
This transparency report for Union Council On Aging 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.