United Ability Foundation Inc
EIN: 631173851 · Birmingham, AL · NTEE: E11
| Metric | Value |
|---|---|
| Total Revenue | $899K |
| Total Expenses | $80K |
| Net Assets | $1.8M |
Is United Ability Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About United Ability Foundation Inc
United Ability Foundation Inc (EIN: 631173851) is a nonprofit organization based in Birmingham, AL, classified under NTEE code E11. The organization reported total revenue of $899K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Ability Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Ability Foundation Inc is a small nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $80K |
| Surplus / Deficit | +$62K |
| Total Assets | $1.8M |
| Total Liabilities | $1 |
| Net Assets | $1.8M |
| Operating Margin | 43.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 268.9 months |
Financial Health Grade: A
In 2023, United Ability Foundation Inc reported a surplus of $62K with revenue exceeding expenses, holds 268.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), United Ability Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -76.8% | -36.0% | +11.9% |
| 2022 | +201.0% | +56.9% | -16.7% |
| 2021 | +93.2% | +7.0% | +23.7% |
| 2020 | +7.3% | +0.5% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for United Ability Foundation 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 United Ability Foundation 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 $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about United Ability Foundation Inc
Is United Ability Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, United Ability Foundation Inc (EIN: 631173851) insufficient data. 0 red flags identified, 0 strengths noted.
How does United Ability Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for United Ability Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to United Ability Foundation Inc tax-deductible?
United Ability Foundation Inc is registered as a tax-exempt nonprofit (EIN: 631173851). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is United Ability Foundation Inc located?
United Ability Foundation Inc is headquartered in Birmingham, Alabama and files with the IRS under EIN 631173851. It is classified under NTEE code E11.
How many years of IRS 990 filings does United Ability Foundation Inc have?
United Ability Foundation Inc has 10 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 $899K in total revenue.
Filing History
IRS 990 filing history for United Ability Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), United Ability Foundation Inc's revenue has grown by 1363.7%, moving from $10K to $142K. Total assets increased by 101% over the same period, from $894K to $1.8M. Total functional expenses rose by 157%, from $31K to $80K. In its most recent filing year (2023), United Ability Foundation Inc reported a surplus of $62K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $142K | $80K | $1.8M | $1 | — | View 990 |
| 2022 | $614K | $125K | $1.6M | $5K | — | View 990 |
| 2021 | $204K | $80K | $1.9M | $1 | — | View 990 |
| 2020 | $106K | $75K | $1.6M | $1 | — | View 990 |
| 2019 | $98K | $74K | $1.4M | $1 | — | View 990 |
| 2015 | $-40,831 | $90K | $1.0M | $8K | — | View 990 |
| 2014 | $114K | $64K | $1.2M | $8K | — | View 990 |
| 2013 | $80K | $31K | $1.1M | $8K | — | View 990 |
| 2012 | $26K | $28K | $1.0M | $8K | — | View 990 |
| 2011 | $10K | $31K | $894K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $142K, expenses of $80K, and assets of $1.8M (revenue -76.8% year-over-year).
- 2022: Revenue of $614K, expenses of $125K, and assets of $1.6M (revenue +201.0% year-over-year).
- 2021: Revenue of $204K, expenses of $80K, and assets of $1.9M (revenue +93.2% year-over-year).
- 2020: Revenue of $106K, expenses of $75K, and assets of $1.6M (revenue +7.3% year-over-year).
- 2019: Revenue of $98K, expenses of $74K, and assets of $1.4M.
- 2015: Revenue of $-40,831, expenses of $90K, and assets of $1.0M (revenue -135.8% year-over-year).
- 2014: Revenue of $114K, expenses of $64K, and assets of $1.2M (revenue +42.0% year-over-year).
- 2013: Revenue of $80K, expenses of $31K, and assets of $1.1M (revenue +208.0% year-over-year).
- 2012: Revenue of $26K, expenses of $28K, and assets of $1.0M (revenue +168.0% year-over-year).
- 2011: Revenue of $10K, expenses of $31K, and assets of $894K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Ability Foundation Inc:
Data Sources and Methodology
This transparency report for United Ability Foundation 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.