Unity Foundation
Unity Foundation faces significant financial challenges with consistent deficit spending and declining assets over the past decade.
EIN: 10536785 · Unity, ME · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $356K |
| Program Spending | 70% |
| Net Assets | $507K |
| Transparency Score | 45/100 |
Is Unity Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Unity Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Unity Foundation
Unity Foundation (EIN: 10536785) is a nonprofit organization based in Unity, ME, classified under NTEE code B99. The organization reported total revenue of $76K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unity Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unity Foundation is a micro nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $177K |
| Total Expenses | $356K |
| Surplus / Deficit | $-178,624 |
| Total Assets | $529K |
| Total Liabilities | $22K |
| Net Assets | $507K |
| Operating Margin | -100.9% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 17.8 months |
Financial Health Grade: B
In 2023, Unity Foundation reported a deficit of $179K with expenses exceeding revenue, holds 17.8 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Unity Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.8% | +13.5% | -25.6% |
| 2022 | +144.3% | -31.8% | +5.7% |
| 2021 | -50.8% | -0.1% | -29.4% |
| 2020 | +52.3% | +23.4% | -12.3% |
| 2019 | +119.7% | -9.0% | -30.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Unity Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Unity Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $179K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
Unity Foundation consistently reports 0% officer compensation across all available filings, indicating a strong commitment to minimizing executive pay and directing resources elsewhere, which is commendable for an organization of its size.
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 Unity Foundation's IRS 990 filings:
- Consistent and significant deficit spending (expenses far exceeding revenue) over the past decade.
- Substantial decline in total assets from $3,962,171 in 2014 to $528,911 in 2023.
- Latest revenue of $76,353 is significantly lower than recent annual expenses, indicating ongoing financial strain.
Strengths
The following positive indicators were identified for Unity Foundation:
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
- Long filing history (13 filings) demonstrates a consistent effort to meet IRS reporting requirements.
Frequently Asked Questions about Unity Foundation
Is Unity Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Unity Foundation (EIN: 10536785) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Unity Foundation spend its money?
Unity Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Unity Foundation tax-deductible?
Unity Foundation is registered as a tax-exempt nonprofit (EIN: 10536785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Unity Foundation's spending goes to programs?
Unity Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Unity Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Unity Foundation is near average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Unity Foundation located?
Unity Foundation is headquartered in Unity, Maine and files with the IRS under EIN 10536785. It is classified under NTEE code B99.
How many years of IRS 990 filings does Unity Foundation have?
Unity Foundation 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 $76K in total revenue.
Is Unity Foundation financially sustainable?
Based on the consistent trend of expenses significantly exceeding revenue (e.g., $355,709 expenses vs. $177,085 revenue in 2023), and a substantial decline in assets from $3.9 million in 2014 to $0.5 million in 2023, the organization's financial sustainability appears to be at high risk.
What is causing the significant decline in assets?
The decline in assets is directly correlated with the organization's consistent deficit spending, where annual expenses have routinely been much higher than annual revenues, forcing the organization to draw down its reserves.
How does Unity Foundation cover its operational deficits?
The organization appears to be covering its operational deficits by utilizing its existing asset base, as evidenced by the continuous decrease in total assets over the past decade while expenses consistently outpace revenue.
What is the organization's strategy to reverse its financial trends?
The provided IRS 990 data does not detail specific strategies to reverse the financial trends. However, the consistent deficits suggest a need for either significant revenue growth or substantial expense reduction to achieve financial stability.
Filing History
IRS 990 filing history for Unity Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Unity Foundation's revenue has grown by 62.3%, moving from $109K to $177K. Total assets decreased by 92.6% over the same period, from $7.1M to $529K. Total functional expenses fell by 26.6%, from $485K to $356K. In its most recent filing year (2023), Unity Foundation reported a deficit of $179K, with expenses exceeding revenue. The organization holds $22K in liabilities against $529K in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $507K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $177K | $356K | $529K | $22K | — | — |
| 2022 | $383K | $313K | $711K | $26K | — | View 990 |
| 2021 | $157K | $459K | $673K | $57K | — | View 990 |
| 2020 | $319K | $460K | $952K | $34K | — | View 990 |
| 2019 | $209K | $373K | $1.1M | $26K | — | View 990 |
| 2018 | $95K | $410K | $1.6M | $13K | — | View 990 |
| 2017 | $109K | $704K | $2.0M | $97K | — | View 990 |
| 2016 | $135K | $668K | $2.6M | $94K | — | View 990 |
| 2015 | $180K | $1.0M | $3.1M | $106K | — | View 990 |
| 2014 | $262K | $952K | $4.0M | $88K | — | View 990 |
| 2013 | $147K | $615K | $4.7M | $9K | — | View 990 |
| 2012 | $248K | $772K | $5.1M | $100K | — | View 990 |
| 2011 | $109K | $485K | $7.1M | $204K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $177K, expenses of $356K, and assets of $529K (revenue -53.8% year-over-year).
- 2022: Revenue of $383K, expenses of $313K, and assets of $711K (revenue +144.3% year-over-year).
- 2021: Revenue of $157K, expenses of $459K, and assets of $673K (revenue -50.8% year-over-year).
- 2020: Revenue of $319K, expenses of $460K, and assets of $952K (revenue +52.3% year-over-year).
- 2019: Revenue of $209K, expenses of $373K, and assets of $1.1M (revenue +119.7% year-over-year).
- 2018: Revenue of $95K, expenses of $410K, and assets of $1.6M (revenue -12.5% year-over-year).
- 2017: Revenue of $109K, expenses of $704K, and assets of $2.0M (revenue -19.5% year-over-year).
- 2016: Revenue of $135K, expenses of $668K, and assets of $2.6M (revenue -24.8% year-over-year).
- 2015: Revenue of $180K, expenses of $1.0M, and assets of $3.1M (revenue -31.4% year-over-year).
- 2014: Revenue of $262K, expenses of $952K, and assets of $4.0M (revenue +78.7% year-over-year).
- 2013: Revenue of $147K, expenses of $615K, and assets of $4.7M (revenue -40.9% year-over-year).
- 2012: Revenue of $248K, expenses of $772K, and assets of $5.1M (revenue +127.3% year-over-year).
- 2011: Revenue of $109K, expenses of $485K, and assets of $7.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unity Foundation:
Data Sources and Methodology
This transparency report for Unity Foundation 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.