Unitus Labs
EIN: 870621367 · Orem, UT · NTEE: Q320
| Metric | Value |
|---|---|
| Total Revenue | $329K |
| Total Expenses | $481K |
| Net Assets | $1.2M |
Is Unitus Labs Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Unitus Labs
Unitus Labs (EIN: 870621367) is a nonprofit organization based in Orem, UT, classified under NTEE code Q320. The organization reported total revenue of $329K and total assets of $521K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unitus Labs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unitus Labs is a small nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $481K |
| Surplus / Deficit | +$720K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 59.9% |
| Months of Reserves | 30.2 months |
Financial Health Grade: A
In 2023, Unitus Labs reported a surplus of $720K with revenue exceeding expenses, holds 30.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Unitus Labs's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +70.3% | -37.7% | +146.0% |
| 2022 | +26.4% | +1.3% | -12.1% |
| 2021 | +61.0% | -9.1% | +86.0% |
| 2019 | -72.6% | -26.9% | -59.1% |
| 2018 | +165.5% | +18.8% | +18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Unitus Labs 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 Unitus Labs 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 surplus of $720K, with revenue exceeding expenses.
Frequently Asked Questions about Unitus Labs
Is Unitus Labs a legitimate charity?
Based on AI analysis of IRS 990 filings, Unitus Labs (EIN: 870621367) insufficient data. 0 red flags identified, 0 strengths noted.
How does Unitus Labs spend its money?
Detailed spending breakdown data is not yet available for Unitus Labs. Check back for updated IRS 990 analysis.
Are donations to Unitus Labs tax-deductible?
Unitus Labs is registered as a tax-exempt nonprofit (EIN: 870621367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Unitus Labs located?
Unitus Labs is headquartered in Orem, Utah and files with the IRS under EIN 870621367. It is classified under NTEE code Q320.
How many years of IRS 990 filings does Unitus Labs have?
Unitus Labs has 12 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 $329K in total revenue.
Filing History
IRS 990 filing history for Unitus Labs showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Unitus Labs's revenue has grown by 371.7%, moving from $255K to $1.2M. Total assets decreased by 37.9% over the same period, from $2.0M to $1.2M. Total functional expenses fell by 46.7%, from $903K to $481K. In its most recent filing year (2023), Unitus Labs reported a surplus of $720K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $481K | $1.2M | $0 | — | — |
| 2022 | $706K | $773K | $493K | $0 | — | View 990 |
| 2021 | $558K | $763K | $561K | $0 | — | View 990 |
| 2019 | $347K | $839K | $301K | $0 | — | View 990 |
| 2018 | $1.3M | $1.1M | $737K | $0 | — | View 990 |
| 2017 | $477K | $967K | $620K | $0 | — | View 990 |
| 2016 | $598K | $514K | $1.1M | $0 | — | View 990 |
| 2015 | $1.3M | $461K | $1.0M | $0 | — | View 990 |
| 2014 | $5K | $102K | $202K | $0 | — | View 990 |
| 2013 | $76K | $46K | $269K | $0 | — | View 990 |
| 2012 | $127K | $544K | $324K | $94K | — | View 990 |
| 2011 | $255K | $903K | $2.0M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $481K, and assets of $1.2M (revenue +70.3% year-over-year).
- 2022: Revenue of $706K, expenses of $773K, and assets of $493K (revenue +26.4% year-over-year).
- 2021: Revenue of $558K, expenses of $763K, and assets of $561K (revenue +61.0% year-over-year).
- 2019: Revenue of $347K, expenses of $839K, and assets of $301K (revenue -72.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.1M, and assets of $737K (revenue +165.5% year-over-year).
- 2017: Revenue of $477K, expenses of $967K, and assets of $620K (revenue -20.3% year-over-year).
- 2016: Revenue of $598K, expenses of $514K, and assets of $1.1M (revenue -53.4% year-over-year).
- 2015: Revenue of $1.3M, expenses of $461K, and assets of $1.0M (revenue +23618.8% year-over-year).
- 2014: Revenue of $5K, expenses of $102K, and assets of $202K (revenue -92.9% year-over-year).
- 2013: Revenue of $76K, expenses of $46K, and assets of $269K (revenue -40.3% year-over-year).
- 2012: Revenue of $127K, expenses of $544K, and assets of $324K (revenue -50.0% year-over-year).
- 2011: Revenue of $255K, expenses of $903K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unitus Labs:
Data Sources and Methodology
This transparency report for Unitus Labs 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.