United Negro College Fund Special Programs Corporation
EIN: 541980487 · Washington, DC
| Metric | Value |
|---|---|
| Total Expenses | $709K |
| Net Assets | $-2,838,696 |
Is United Negro College Fund Special Programs Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About United Negro College Fund Special Programs Corporation
United Negro College Fund Special Programs Corporation (EIN: 541980487) is a nonprofit organization based in Washington, DC. 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 United Negro College Fund Special Programs Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Negro College Fund Special Programs Corporation is a small nonprofit, with 5 years of IRS 990 filings on record (2010–2014). Revenue has grown at a compound annual rate of -50.7%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $519K |
| Total Expenses | $709K |
| Surplus / Deficit | $-190,357 |
| Total Assets | $0 |
| Total Liabilities | $2.8M |
| Net Assets | $-2,838,696 |
| Operating Margin | -36.7% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2014, United Negro College Fund Special Programs Corporation reported a deficit of $190K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2010–2014), United Negro College Fund Special Programs Corporation's revenue has declined at a compound annual growth rate (CAGR) of -50.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -82.5% | -83.7% | -100.0% |
| 2013 | -54.0% | -42.2% | -83.9% |
| 2012 | -29.8% | -20.0% | -33.2% |
| 2011 | +5.0% | +1.7% | +0.9% |
AI Analysis Pending
AI enrichment for United Negro College Fund Special Programs Corporation 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 Negro College Fund Special Programs Corporation 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $190K, with expenses exceeding revenue.
Frequently Asked Questions about United Negro College Fund Special Programs Corporation
Is United Negro College Fund Special Programs Corporation a legitimate charity?
United Negro College Fund Special Programs Corporation (EIN: 541980487) is a registered tax-exempt nonprofit based in Washington DC. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does United Negro College Fund Special Programs Corporation spend its money?
United Negro College Fund Special Programs Corporation reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to United Negro College Fund Special Programs Corporation tax-deductible?
United Negro College Fund Special Programs Corporation is registered as a tax-exempt nonprofit (EIN: 541980487). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is United Negro College Fund Special Programs Corporation located?
United Negro College Fund Special Programs Corporation is headquartered in Washington, Washington DC and files with the IRS under EIN 541980487.
How many years of IRS 990 filings does United Negro College Fund Special Programs Corporation have?
United Negro College Fund Special Programs Corporation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for United Negro College Fund Special Programs Corporation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2010–2014), United Negro College Fund Special Programs Corporation's revenue has declined by 94.1%, moving from $8.8M to $519K. Total assets decreased by 100% over the same period, from $1.9M to $0. Total functional expenses fell by 92.4%, from $9.3M to $709K. In its most recent filing year (2014), United Negro College Fund Special Programs Corporation reported a deficit of $190K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $519K | $709K | $0 | $2.8M | — | View 990 |
| 2013 | $3.0M | $4.4M | $209K | $2.9M | — | View 990 |
| 2012 | $6.5M | $7.5M | $1.3M | $2.3M | — | View 990 |
| 2011 | $9.2M | $9.4M | $1.9M | $1.9M | — | View 990 |
| 2010 | $8.8M | $9.3M | $1.9M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $519K, expenses of $709K, and assets of $0 (revenue -82.5% year-over-year).
- 2013: Revenue of $3.0M, expenses of $4.4M, and assets of $209K (revenue -54.0% year-over-year).
- 2012: Revenue of $6.5M, expenses of $7.5M, and assets of $1.3M (revenue -29.8% year-over-year).
- 2011: Revenue of $9.2M, expenses of $9.4M, and assets of $1.9M (revenue +5.0% year-over-year).
- 2010: Revenue of $8.8M, expenses of $9.3M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Negro College Fund Special Programs Corporation:
Data Sources and Methodology
This transparency report for United Negro College Fund Special Programs Corporation 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.