United Photo Industries Inc
EIN: 814150129 · Brooklyn, NY · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Net Assets | $-472,149 |
Is United Photo Industries 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 Photo Industries Inc
United Photo Industries Inc (EIN: 814150129) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code A20. The organization reported total revenue of $1.8M and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Photo Industries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Photo Industries Inc is a mid-size nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-74,061 |
| Total Assets | $99K |
| Total Liabilities | $571K |
| Net Assets | $-472,149 |
| Operating Margin | -4.4% |
| Debt-to-Asset Ratio | 577.1% |
| Months of Reserves | 0.7 months |
Financial Health Grade: D
In 2023, United Photo Industries Inc reported a deficit of $74K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 577.1% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), United Photo Industries Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +15.7% | -28.0% |
| 2022 | +11.8% | +1.1% | +52.1% |
| 2021 | +19.2% | +11.5% | +67.8% |
| 2020 | -36.7% | -46.7% | -76.4% |
| 2019 | -8.8% | +78.9% | -77.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for United Photo Industries 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 Photo Industries 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 deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 577.1%.
Frequently Asked Questions about United Photo Industries Inc
Is United Photo Industries Inc a legitimate charity?
United Photo Industries Inc (EIN: 814150129) is a registered tax-exempt nonprofit based in New York. It has 7 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: D.
How does United Photo Industries Inc spend its money?
United Photo Industries Inc reported $1.8M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to United Photo Industries Inc tax-deductible?
United Photo Industries Inc is registered as a tax-exempt nonprofit (EIN: 814150129). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is United Photo Industries Inc located?
United Photo Industries Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 814150129. It is classified under NTEE code A20.
How many years of IRS 990 filings does United Photo Industries Inc have?
United Photo Industries Inc has 7 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for United Photo Industries Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), United Photo Industries Inc's revenue has grown by 42.7%, moving from $1.2M to $1.7M. Total assets decreased by 74.6% over the same period, from $390K to $99K. Total functional expenses rose by 89.2%, from $924K to $1.7M. In its most recent filing year (2023), United Photo Industries Inc reported a deficit of $74K, with expenses exceeding revenue. The organization holds $571K in liabilities against $99K in assets (debt-to-asset ratio: 577.1%), resulting in net assets of $-472,149.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.7M | $99K | $571K | — | — |
| 2022 | $1.5M | $1.5M | $138K | $536K | — | View 990 |
| 2021 | $1.3M | $1.5M | $90K | $482K | — | View 990 |
| 2020 | $1.1M | $1.3M | $54K | $248K | — | — |
| 2019 | $1.8M | $2.5M | $228K | $162K | — | View 990 |
| 2018 | $2.0M | $1.4M | $991K | $194K | — | View 990 |
| 2017 | $1.2M | $924K | $390K | $141K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $99K (revenue +11.5% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $138K (revenue +11.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.5M, and assets of $90K (revenue +19.2% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.3M, and assets of $54K (revenue -36.7% year-over-year).
- 2019: Revenue of $1.8M, expenses of $2.5M, and assets of $228K (revenue -8.8% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.4M, and assets of $991K (revenue +66.3% year-over-year).
- 2017: Revenue of $1.2M, expenses of $924K, and assets of $390K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Photo Industries Inc:
Data Sources and Methodology
This transparency report for United Photo Industries 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.