Union Graduate College
Union Graduate College ceased independent operations, reporting zero revenue and assets in its latest filing after years of declining financial performance.
EIN: 200258004 · Schenectady, NY · Updated: 2026-03-28
Is Union Graduate College Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Union Graduate College directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Union Graduate College
Union Graduate College (EIN: 200258004) is a nonprofit organization based in Schenectady, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union Graduate College'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 Union Graduate College with a Mission Score of 40 out of 100 (Fair). 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, Union Graduate College 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
The organization consistently reported 0% officer compensation across all available filings, which is unusual for an institution of its size with significant revenue and assets, suggesting either a volunteer leadership or that compensation was reported under different categories.
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 Union Graduate College's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which is unusual for an organization of its size and could indicate a lack of transparency in executive pay reporting.
- Significant decline in revenue and assets to $0 in the latest filing, indicating a complete cessation of independent operations.
- Expenses exceeding revenue in the final active periods (e.g., $1,065,425 expenses vs. $947,871 revenue in 201408), suggesting operational deficits.
Strengths
The following positive indicators were identified for Union Graduate College:
- Maintained substantial assets (over $14 million) throughout its operational history, indicating a strong asset base prior to its merger.
Frequently Asked Questions about Union Graduate College
Is Union Graduate College a legitimate charity?
Based on AI analysis of IRS 990 filings, Union Graduate College (EIN: 200258004) significant concerns. Mission Score: 40/100. 3 red flags identified, 1 strength noted.
How does Union Graduate College spend its money?
Union Graduate College directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Union Graduate College tax-deductible?
Union Graduate College is registered as a tax-exempt nonprofit (EIN: 200258004). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What happened to Union Graduate College's assets and liabilities?
Given the latest filing shows $0 in assets and liabilities, it is highly probable that Union Graduate College's assets and liabilities were absorbed or transferred as part of its merger with Clarkson University, which occurred around the time of its operational cessation.
Why did Union Graduate College report 0% officer compensation?
The consistent reporting of 0% officer compensation could indicate that the college's leadership was entirely volunteer-based, or that executive compensation was categorized differently within the IRS 990 filings, making it not appear under the 'officer compensation' line item.
Was Union Graduate College financially stable before its cessation?
While Union Graduate College maintained substantial assets (over $14 million in its final active periods), its revenue began to consistently fall short of expenses in its last two active periods (201408 and 201406), indicating a declining financial stability leading up to its merger.
Filing History
IRS 990 filing history for Union Graduate College showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2014), Union Graduate College's revenue has declined by 88.1%, moving from $8.0M to $948K. Total assets decreased by 7.8% over the same period, from $15.8M to $14.5M. Total functional expenses fell by 85.3%, from $7.2M to $1.1M. In its most recent filing year (2014), Union Graduate College reported a deficit of $118K, with expenses exceeding revenue. The organization holds $5.5M in liabilities against $14.5M in assets (debt-to-asset ratio: 37.9%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2014 | $948K | $1.1M | $14.5M | $5.5M | — | View 990 |
| 2014 | $7.7M | $8.3M | $15.4M | $6.3M | — | View 990 |
| 2013 | $8.5M | $8.4M | $16.0M | $6.8M | — | View 990 |
| 2012 | $7.9M | $7.7M | $15.9M | $6.9M | — | View 990 |
| 2011 | $8.0M | $7.2M | $15.8M | $7.1M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $948K, expenses of $1.1M, and assets of $14.5M (revenue -87.6% year-over-year).
- 2014: Revenue of $7.7M, expenses of $8.3M, and assets of $15.4M (revenue -9.3% year-over-year).
- 2013: Revenue of $8.5M, expenses of $8.4M, and assets of $16.0M (revenue +7.6% year-over-year).
- 2012: Revenue of $7.9M, expenses of $7.7M, and assets of $15.9M (revenue -1.6% year-over-year).
- 2011: Revenue of $8.0M, expenses of $7.2M, and assets of $15.8M.
Data Sources and Methodology
This transparency report for Union Graduate College 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.