United Plankton Charitable Tr
United Plankton Charitable Tr maintains strong assets and zero executive compensation amidst fluctuating revenues.
EIN: 206582607 · Los Angeles, CA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $1.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $8.8M |
| Transparency Score | 90/100 |
Is United Plankton Charitable Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Plankton Charitable Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Plankton Charitable Tr
United Plankton Charitable Tr (EIN: 206582607) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code T22. The organization reported total revenue of $6.9M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Plankton Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Plankton Charitable Tr is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $8.8M |
| Total Liabilities | $1 |
| Net Assets | $8.8M |
| Operating Margin | 69.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 105.7 months |
Financial Health Grade: A
In 2023, United Plankton Charitable Tr reported a surplus of $2.3M with revenue exceeding expenses, holds 105.7 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 Plankton Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 24.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1099.9% | +11.5% | +50.9% |
| 2022 | -62.5% | +28.3% | -27.3% |
| 2021 | +112.1% | -12.2% | +2.2% |
| 2020 | +0.0% | -22.7% | +3.0% |
| 2019 | -85.3% | +110.5% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Plankton Charitable Tr with a Mission Score of 90 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 Plankton Charitable 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 $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently 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 $8 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 Plankton Charitable Tr:
- Consistent asset growth, reaching $8,811,019 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency.
- Minimal liabilities, demonstrating strong financial management.
- Consistent IRS 990 filing history, showing commitment to transparency and compliance.
- Strong revenue in the latest period ($3,294,506 in 2023) contributing to asset growth.
Frequently Asked Questions about United Plankton Charitable Tr
Is United Plankton Charitable Tr a legitimate charity?
United Plankton Charitable Tr (EIN: 206582607) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.9M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does United Plankton Charitable Tr spend its money?
United Plankton Charitable Tr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to United Plankton Charitable Tr tax-deductible?
United Plankton Charitable Tr is registered as a tax-exempt nonprofit (EIN: 206582607). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the United Plankton Charitable Tr CEO make?
United Plankton Charitable Tr's highest-compensated officer earns $8 annually. The organization reported $6.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does United Plankton Charitable Tr compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), United Plankton Charitable Tr is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is United Plankton Charitable Tr located?
United Plankton Charitable Tr is headquartered in Los Angeles, California and files with the IRS under EIN 206582607. It is classified under NTEE code T22.
How many years of IRS 990 filings does United Plankton Charitable Tr have?
United Plankton Charitable Tr 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 $6.9M in total revenue.
Is United Plankton Charitable Tr financially stable?
Yes, the organization appears financially stable, with assets consistently growing from $5,233,378 in 2011 to $8,811,019 in 2023, and minimal liabilities reported across all periods.
How does United Plankton Charitable Tr manage executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a strong commitment to directing all funds towards its charitable mission rather than executive salaries.
What is the trend in United Plankton Charitable Tr's revenue?
Revenue has been highly variable, ranging from $227,873 in 2011 to a high of $3,294,506 in 2023, suggesting reliance on significant, potentially irregular, contributions.
Does United Plankton Charitable Tr have high administrative costs?
Based on the zero officer compensation and the nature of a private grantmaking foundation (NTEE T22), administrative costs are likely low, though a detailed expense breakdown is not provided to confirm exact percentages.
Filing History
IRS 990 filing history for United Plankton Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), United Plankton Charitable Tr's revenue has grown by 1345.8%, moving from $228K to $3.3M. Total assets increased by 68.4% over the same period, from $5.2M to $8.8M. Total functional expenses rose by 196.7%, from $337K to $1.0M. In its most recent filing year (2023), United Plankton Charitable Tr reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $1.0M | $8.8M | $1 | — | — |
| 2022 | $275K | $897K | $5.8M | $1 | — | View 990 |
| 2021 | $732K | $699K | $8.0M | $1 | — | View 990 |
| 2020 | $345K | $796K | $7.9M | $1 | — | — |
| 2019 | $345K | $1.0M | $7.6M | $1 | — | — |
| 2015 | $2.3M | $489K | $8.6M | $0 | — | View 990 |
| 2014 | $1.6M | $505K | $7.4M | $0 | — | View 990 |
| 2013 | $303K | $477K | $6.6M | $0 | — | View 990 |
| 2012 | $1.2M | $429K | $6.4M | $0 | — | View 990 |
| 2011 | $228K | $337K | $5.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $1.0M, and assets of $8.8M (revenue +1099.9% year-over-year).
- 2022: Revenue of $275K, expenses of $897K, and assets of $5.8M (revenue -62.5% year-over-year).
- 2021: Revenue of $732K, expenses of $699K, and assets of $8.0M (revenue +112.1% year-over-year).
- 2020: Revenue of $345K, expenses of $796K, and assets of $7.9M (revenue +0.0% year-over-year).
- 2019: Revenue of $345K, expenses of $1.0M, and assets of $7.6M (revenue -85.3% year-over-year).
- 2015: Revenue of $2.3M, expenses of $489K, and assets of $8.6M (revenue +42.5% year-over-year).
- 2014: Revenue of $1.6M, expenses of $505K, and assets of $7.4M (revenue +442.0% year-over-year).
- 2013: Revenue of $303K, expenses of $477K, and assets of $6.6M (revenue -75.2% year-over-year).
- 2012: Revenue of $1.2M, expenses of $429K, and assets of $6.4M (revenue +437.2% year-over-year).
- 2011: Revenue of $228K, expenses of $337K, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Plankton Charitable Tr:
Data Sources and Methodology
This transparency report for United Plankton Charitable 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.