Universal Education Foundation
EIN: 810624170 · Pittsburgh, PA · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $948K |
| Total Expenses | $1.0M |
| Net Assets | $480K |
Is Universal Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Universal Education Foundation
Universal Education Foundation (EIN: 810624170) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code B24. The organization reported total revenue of $948K and total assets of $467K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Universal Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Universal Education Foundation is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$99K |
| Total Assets | $600K |
| Total Liabilities | $120K |
| Net Assets | $480K |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 20.1% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2024, Universal Education Foundation reported a surplus of $99K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 20.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2024), Universal Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.3% | +25.6% | +17.1% |
| 2023 | +46.5% | +43.9% | +63.7% |
| 2022 | +51.9% | +36.7% | +66.1% |
| 2021 | -0.3% | -10.4% | +108.5% |
| 2020 | +0.3% | -5.9% | +120.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Universal Education Foundation 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 Universal Education Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $99K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.1%.
Frequently Asked Questions about Universal Education Foundation
Is Universal Education Foundation a legitimate charity?
Universal Education Foundation (EIN: 810624170) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $948K. No red flags identified. Financial health grade: A.
How does Universal Education Foundation spend its money?
Universal Education Foundation reported $948K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Universal Education Foundation tax-deductible?
Universal Education Foundation is registered as a tax-exempt nonprofit (EIN: 810624170). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Universal Education Foundation located?
Universal Education Foundation is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 810624170. It is classified under NTEE code B24.
How many years of IRS 990 filings does Universal Education Foundation have?
Universal Education 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 $948K in total revenue.
Filing History
IRS 990 filing history for Universal Education Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Universal Education Foundation's revenue has grown by 244.3%, moving from $330K to $1.1M. Total assets increased by 27167.6% over the same period, from $2K to $600K. Total functional expenses rose by 218.1%, from $326K to $1.0M. In its most recent filing year (2024), Universal Education Foundation reported a surplus of $99K, with revenue exceeding expenses. The organization holds $120K in liabilities against $600K in assets (debt-to-asset ratio: 20.1%), resulting in net assets of $480K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $1.0M | $600K | $120K | — | View 990 |
| 2023 | $1.0M | $826K | $512K | $132K | — | — |
| 2022 | $698K | $574K | $313K | $128K | — | View 990 |
| 2021 | $459K | $420K | $188K | $127K | — | — |
| 2020 | $461K | $469K | $90K | $68K | — | View 990 |
| 2018 | $460K | $498K | $41K | $37K | — | View 990 |
| 2017 | $416K | $424K | $63K | $20K | — | — |
| 2016 | $400K | $335K | $62K | $11K | — | View 990 |
| 2015 | $302K | $300K | $3K | $17K | — | View 990 |
| 2014 | $230K | $226K | $8K | $24K | — | View 990 |
| 2013 | $212K | $218K | $2K | $22K | — | View 990 |
| 2012 | $189K | $204K | $1K | $16K | — | View 990 |
| 2011 | $330K | $326K | $2K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.1M, expenses of $1.0M, and assets of $600K (revenue +11.3% year-over-year).
- 2023: Revenue of $1.0M, expenses of $826K, and assets of $512K (revenue +46.5% year-over-year).
- 2022: Revenue of $698K, expenses of $574K, and assets of $313K (revenue +51.9% year-over-year).
- 2021: Revenue of $459K, expenses of $420K, and assets of $188K (revenue -0.3% year-over-year).
- 2020: Revenue of $461K, expenses of $469K, and assets of $90K (revenue +0.3% year-over-year).
- 2018: Revenue of $460K, expenses of $498K, and assets of $41K (revenue +10.5% year-over-year).
- 2017: Revenue of $416K, expenses of $424K, and assets of $63K (revenue +4.1% year-over-year).
- 2016: Revenue of $400K, expenses of $335K, and assets of $62K (revenue +32.5% year-over-year).
- 2015: Revenue of $302K, expenses of $300K, and assets of $3K (revenue +31.3% year-over-year).
- 2014: Revenue of $230K, expenses of $226K, and assets of $8K (revenue +8.3% year-over-year).
- 2013: Revenue of $212K, expenses of $218K, and assets of $2K (revenue +12.0% year-over-year).
- 2012: Revenue of $189K, expenses of $204K, and assets of $1K (revenue -42.7% year-over-year).
- 2011: Revenue of $330K, expenses of $326K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Universal Education Foundation:
Data Sources and Methodology
This transparency report for Universal Education 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.