United Association Scholarship Tr
United Association Scholarship Tr sees substantial revenue growth and asset increase in 2023 with no officer compensation.
EIN: 16241467 · Annapolis, MD · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $433K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.7 |
| Net Assets | $1.8M |
| Transparency Score | 95/100 |
Is United Association Scholarship Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Association Scholarship Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Association Scholarship Tr
United Association Scholarship Tr (EIN: 16241467) is a nonprofit organization based in Annapolis, MD, classified under NTEE code B82. The organization reported total revenue of $86K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Association Scholarship Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Association Scholarship Tr is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $433K |
| Surplus / Deficit | +$986K |
| Total Assets | $1.8M |
| Net Assets | $1.8M |
| Operating Margin | 69.5% |
| Months of Reserves | 48.6 months |
Financial Health Grade: A
In 2023, United Association Scholarship Tr reported a surplus of $986K with revenue exceeding expenses, holds 48.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), United Association Scholarship Tr's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1651.5% | +96.1% | +128.0% |
| 2022 | -83.4% | -2.9% | -15.6% |
| 2021 | +1873.6% | +12.4% | +40.8% |
| 2020 | -68.8% | -6.5% | -21.5% |
| 2019 | +36.2% | +5.7% | -14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates United Association Scholarship Tr with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, United Association Scholarship Tr allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $986K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for a nonprofit of its size with assets exceeding $1.7 million.
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.
Strengths
The following positive indicators were identified for United Association Scholarship Tr:
- Strong asset growth, reaching $1,755,694 in 2023.
- Significant revenue increase in 2023 to $1,418,944.
- Consistent reporting of $0 liabilities, indicating no debt.
- 0% officer compensation across all reported periods, demonstrating high efficiency and transparency.
- Positive financial surplus in 2023 (Revenue $1,418,944 vs. Expenses $433,412).
Frequently Asked Questions about United Association Scholarship Tr
Is United Association Scholarship Tr a legitimate charity?
United Association Scholarship Tr (EIN: 16241467) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $86K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does United Association Scholarship Tr spend its money?
United Association Scholarship Tr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to United Association Scholarship Tr tax-deductible?
United Association Scholarship Tr is registered as a tax-exempt nonprofit (EIN: 16241467). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the United Association Scholarship Tr CEO make?
United Association Scholarship Tr's highest-compensated officer earns $1.7 annually. The organization reported $86K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does United Association Scholarship Tr compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), United Association Scholarship Tr is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is United Association Scholarship Tr located?
United Association Scholarship Tr is headquartered in Annapolis, Maryland and files with the IRS under EIN 16241467. It is classified under NTEE code B82.
How many years of IRS 990 filings does United Association Scholarship Tr have?
United Association Scholarship Tr 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 $86K in total revenue.
Is United Association Scholarship Tr financially stable?
Yes, the organization appears financially stable, especially with its assets growing to $1,755,694 in 2023 and consistent reporting of $0 liabilities. The significant revenue increase in 2023 further strengthens its position.
How does United Association Scholarship Tr manage its expenses?
The organization manages its expenses effectively, with total expenses of $433,412 in 2023 against a revenue of $1,418,944, resulting in a substantial surplus. The consistent reporting of 0% officer compensation also indicates efficient use of funds.
What is the trend in the organization's revenue?
The organization's revenue has shown significant fluctuation but experienced a massive surge in 2023 to $1,418,944, a substantial increase from $81,012 in 2022, indicating strong fundraising or investment performance in the latest period.
Does United Association Scholarship Tr have any debt?
No, the organization consistently reports $0 in liabilities across its recent IRS 990 filings, indicating it operates without debt.
Filing History
IRS 990 filing history for United Association Scholarship Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United Association Scholarship Tr's revenue has grown by 101.6%, moving from $704K to $1.4M. Total assets increased by 53.7% over the same period, from $1.1M to $1.8M. Total functional expenses rose by 11.1%, from $390K to $433K. In its most recent filing year (2023), United Association Scholarship Tr reported a surplus of $986K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $433K | $1.8M | $0 | — | — |
| 2022 | $81K | $221K | $770K | $0 | — | — |
| 2021 | $489K | $228K | $913K | $3K | — | View 990 |
| 2020 | $25K | $203K | $648K | $0 | — | View 990 |
| 2019 | $80K | $217K | $826K | $0 | — | View 990 |
| 2018 | $58K | $205K | $963K | $0 | — | View 990 |
| 2017 | $445K | $191K | $1.1M | $0 | — | View 990 |
| 2016 | $136K | $193K | $856K | $0 | — | View 990 |
| 2015 | $86K | $194K | $912K | $0 | — | View 990 |
| 2014 | $163K | $180K | $1.0M | $0 | — | View 990 |
| 2013 | $105K | $183K | $1.0M | $0 | — | View 990 |
| 2012 | $166K | $181K | $1.1M | $0 | — | View 990 |
| 2011 | $704K | $390K | $1.1M | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $433K, and assets of $1.8M (revenue +1651.5% year-over-year).
- 2022: Revenue of $81K, expenses of $221K, and assets of $770K (revenue -83.4% year-over-year).
- 2021: Revenue of $489K, expenses of $228K, and assets of $913K (revenue +1873.6% year-over-year).
- 2020: Revenue of $25K, expenses of $203K, and assets of $648K (revenue -68.8% year-over-year).
- 2019: Revenue of $80K, expenses of $217K, and assets of $826K (revenue +36.2% year-over-year).
- 2018: Revenue of $58K, expenses of $205K, and assets of $963K (revenue -86.9% year-over-year).
- 2017: Revenue of $445K, expenses of $191K, and assets of $1.1M (revenue +226.7% year-over-year).
- 2016: Revenue of $136K, expenses of $193K, and assets of $856K (revenue +59.2% year-over-year).
- 2015: Revenue of $86K, expenses of $194K, and assets of $912K (revenue -47.5% year-over-year).
- 2014: Revenue of $163K, expenses of $180K, and assets of $1.0M (revenue +55.6% year-over-year).
- 2013: Revenue of $105K, expenses of $183K, and assets of $1.0M (revenue -36.9% year-over-year).
- 2012: Revenue of $166K, expenses of $181K, and assets of $1.1M (revenue -76.4% year-over-year).
- 2011: Revenue of $704K, expenses of $390K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Association Scholarship Tr:
Data Sources and Methodology
This transparency report for United Association Scholarship Tr 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.