United Fund Of Eldora
United Fund Of Eldora consistently operates on a modest budget with no reported officer compensation.
EIN: 141847386 · Eldora, IA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $22K |
| Program Spending | 85% |
| Net Assets | $10K |
| Transparency Score | 80/100 |
Is United Fund Of Eldora Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Fund Of Eldora directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Fund Of Eldora
United Fund Of Eldora (EIN: 141847386) is a nonprofit organization based in Eldora, IA. The organization reported total revenue of $20K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Fund Of Eldora's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Fund Of Eldora is a micro nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $22K |
| Surplus / Deficit | $-543 |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | -2.5% |
| Months of Reserves | 5.5 months |
Financial Health Grade: B
In 2024, United Fund Of Eldora reported a deficit of $543 with expenses exceeding revenue, holds 5.5 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2012–2024), United Fund Of Eldora's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -5.6% | -9.4% | -5.1% |
| 2023 | -1.1% | +20.9% | -12.7% |
| 2022 | -3.3% | +13.4% | +31.3% |
| 2021 | +27.1% | -7.3% | +188.2% |
| 2020 | -3.6% | +4.3% | -10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Fund Of Eldora with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, United Fund Of Eldora allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $543, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is likely volunteer-led or operates with very minimal, non-reportable compensation for its officers, which is appropriate for an organization of its small size and revenue.
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 United Fund Of Eldora's IRS 990 filings:
- Limited financial reserves relative to annual expenses
- Expenses frequently exceed revenue in recent periods (e.g., 202408, 202308)
Strengths
The following positive indicators were identified for United Fund Of Eldora:
- Consistent reporting of 0% officer compensation
- No reported liabilities across all filing periods
- Long history of consistent operation (13 filings)
- Stable, albeit modest, revenue stream over time
Frequently Asked Questions about United Fund Of Eldora
Is United Fund Of Eldora a legitimate charity?
Based on AI analysis of IRS 990 filings, United Fund Of Eldora (EIN: 141847386) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does United Fund Of Eldora spend its money?
United Fund Of Eldora directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to United Fund Of Eldora tax-deductible?
United Fund Of Eldora is registered as a tax-exempt nonprofit (EIN: 141847386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of United Fund Of Eldora's spending goes to programs?
United Fund Of Eldora directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is United Fund Of Eldora located?
United Fund Of Eldora is headquartered in Eldora, Iowa and files with the IRS under EIN 141847386.
How many years of IRS 990 filings does United Fund Of Eldora have?
United Fund Of Eldora 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 $20K in total revenue.
Is United Fund Of Eldora financially stable?
The organization appears to be stable for its size, consistently operating near break-even with no reported liabilities. However, its low asset base ($4,830 currently) suggests limited reserves for unexpected events.
How does United Fund Of Eldora manage its expenses?
Expenses generally track closely with revenue, often slightly exceeding it in recent years (e.g., $22,000 expenses vs. $21,457 revenue in 202408), indicating a lean operational model without significant surplus accumulation.
Does United Fund Of Eldora pay its officers?
No, all available filings consistently report 0% officer compensation, suggesting a volunteer-driven leadership or compensation below IRS reporting thresholds.
Filing History
IRS 990 filing history for United Fund Of Eldora showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), United Fund Of Eldora's revenue has declined by 8.2%, moving from $23K to $21K. Total assets increased by 1.4% over the same period, from $10K to $10K. Total functional expenses fell by 3.1%, from $23K to $22K. In its most recent filing year (2024), United Fund Of Eldora reported a deficit of $543, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $21K | $22K | $10K | $0 | — | — |
| 2023 | $23K | $24K | $11K | $0 | — | View 990 |
| 2022 | $23K | $20K | $12K | $0 | — | — |
| 2021 | $24K | $18K | $9K | $0 | — | — |
| 2020 | $19K | $19K | $3K | $0 | — | View 990 |
| 2019 | $19K | $18K | $4K | $0 | — | View 990 |
| 2018 | $18K | $21K | $3K | $0 | — | View 990 |
| 2017 | $21K | $21K | $6K | $0 | — | View 990 |
| 2016 | $21K | $22K | $6K | $0 | — | View 990 |
| 2015 | $25K | $22K | $8K | $0 | — | View 990 |
| 2014 | $20K | $22K | $5K | $0 | — | View 990 |
| 2013 | $23K | $25K | $7K | $0 | — | View 990 |
| 2012 | $23K | $23K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $21K, expenses of $22K, and assets of $10K (revenue -5.6% year-over-year).
- 2023: Revenue of $23K, expenses of $24K, and assets of $11K (revenue -1.1% year-over-year).
- 2022: Revenue of $23K, expenses of $20K, and assets of $12K (revenue -3.3% year-over-year).
- 2021: Revenue of $24K, expenses of $18K, and assets of $9K (revenue +27.1% year-over-year).
- 2020: Revenue of $19K, expenses of $19K, and assets of $3K (revenue -3.6% year-over-year).
- 2019: Revenue of $19K, expenses of $18K, and assets of $4K (revenue +10.2% year-over-year).
- 2018: Revenue of $18K, expenses of $21K, and assets of $3K (revenue -17.8% year-over-year).
- 2017: Revenue of $21K, expenses of $21K, and assets of $6K (revenue +4.2% year-over-year).
- 2016: Revenue of $21K, expenses of $22K, and assets of $6K (revenue -17.5% year-over-year).
- 2015: Revenue of $25K, expenses of $22K, and assets of $8K (revenue +23.0% year-over-year).
- 2014: Revenue of $20K, expenses of $22K, and assets of $5K (revenue -10.7% year-over-year).
- 2013: Revenue of $23K, expenses of $25K, and assets of $7K (revenue -2.8% year-over-year).
- 2012: Revenue of $23K, expenses of $23K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Fund Of Eldora:
Data Sources and Methodology
This transparency report for United Fund Of Eldora 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.