Universal Education Foundation Offort Wayne Inc

Universal Education Foundation experiences massive revenue surge in 2023 with zero executive compensation.

EIN: 203707254 · Fort Wayne, IN · NTEE: B990 · Updated: 2026-03-28

$1.1MRevenue

$2.9MAssets

92/100Mission Score (Excellent)

B990

About Universal Education Foundation Offort Wayne Inc

Universal Education Foundation Offort Wayne Inc (EIN: 203707254) is a nonprofit organization based in Fort Wayne, IN, classified under NTEE code B990. The organization reported total revenue of $1.1M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Universal Education Foundation Offort Wayne Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Universal Education Foundation Offort Wayne Inc demonstrates a highly variable financial performance over the past decade, with a significant surge in revenue in the latest filing period (202312) to $1,207,330, a substantial increase from previous years which typically saw revenues below $250,000. This recent revenue spike, coupled with relatively low expenses of $161,761 in the same period, suggests a strong financial position and efficient operations for that year. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence and resource allocation directly to programs.

The organization's assets have also shown considerable growth, reaching $1,942,457 in 202312, up from $894,695 in 202212. This asset accumulation, alongside low liabilities, points to financial stability. However, the dramatic fluctuations in revenue year-over-year (e.g., $1,207,330 in 202312 vs. $188,532 in 202212) could indicate reliance on large, infrequent grants or donations, which might pose long-term sustainability challenges if not managed with a diversified funding strategy. The consistent low expense figures relative to revenue, especially in 202312, suggest a strong focus on program delivery with minimal overhead, although a detailed breakdown of program vs. administrative spending is needed for a complete picture.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Universal Education Foundation Offort Wayne Inc with a Mission Score of 92 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Universal Education Foundation Offort Wayne Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive team or that executive salaries are covered by other means, which is highly favorable for donor trust and resource allocation.

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 Universal Education Foundation Offort Wayne Inc's IRS 990 filings:

Highly volatile revenue streams year-over-year, potentially indicating reliance on infrequent large donations.
Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided data makes precise efficiency analysis challenging.

Strengths

The following positive indicators were identified for Universal Education Foundation Offort Wayne Inc:

Consistent 0% officer compensation, indicating strong commitment to mission and efficient use of funds.
Significant revenue growth in 2023 ($1,207,330) with relatively low expenses ($161,761), suggesting strong financial health in the latest period.
Healthy asset growth ($1,942,457 in 202312) with low liabilities ($17,088), indicating financial stability.
Overall low expense figures relative to revenue, especially in recent years, suggesting efficient operations.

Frequently Asked Questions about Universal Education Foundation Offort Wayne Inc

Is Universal Education Foundation Offort Wayne Inc a good charity?

Based on the available IRS 990 data, the organization appears to be a good charity, especially given its consistent reporting of 0% officer compensation and the significant revenue growth in 2023 while maintaining low expenses. This suggests a strong commitment to its mission with minimal overhead.

What caused the significant revenue increase in 2023?

The IRS 990 data alone does not specify the exact cause of the revenue increase from $188,532 in 2022 to $1,207,330 in 2023. It could be attributed to a large grant, a major fundraising campaign, or a significant individual donation.

How does the organization manage its assets?

The organization's assets have grown substantially, reaching $1,942,457 in 202312, while liabilities remain low ($17,088). This indicates sound financial management and a healthy balance sheet, suggesting assets are being accumulated or invested effectively.

Filing History

IRS 990 filing history for Universal Education Foundation Offort Wayne Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Universal Education Foundation Offort Wayne Inc's revenue has grown by 740.2%, moving from $144K to $1.2M. Total assets increased by 126.8% over the same period, from $856K to $1.9M. Total functional expenses rose by 147.4%, from $65K to $162K. In its most recent filing year (2023), Universal Education Foundation Offort Wayne Inc reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $17K in liabilities against $1.9M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $1.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.2M	$162K	$1.9M	$17K	—	—
2022	$189K	$158K	$895K	$15K	—	View 990
2021	$210K	$176K	$854K	$5K	—	View 990
2020	$123K	$191K	$905K	$89K	—	View 990
2019	$119K	$183K	$954K	$71K	—	View 990
2018	$151K	$146K	$1.0M	$55K	—	View 990
2017	$150K	$187K	$973K	$31K	—	View 990
2016	$220K	$179K	$995K	$16K	—	View 990
2015	$235K	$170K	$947K	$10K	—	View 990
2014	$200K	$133K	$905K	$33K	—	View 990
2013	$192K	$154K	$864K	$58K	—	View 990
2012	$166K	$133K	$861K	$87K	—	View 990
2011	$144K	$65K	$856K	$116K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.2M, expenses of $162K, and assets of $1.9M (revenue +540.4% year-over-year).
2022: Revenue of $189K, expenses of $158K, and assets of $895K (revenue -10.4% year-over-year).
2021: Revenue of $210K, expenses of $176K, and assets of $854K (revenue +70.6% year-over-year).
2020: Revenue of $123K, expenses of $191K, and assets of $905K (revenue +3.2% year-over-year).
2019: Revenue of $119K, expenses of $183K, and assets of $954K (revenue -20.6% year-over-year).
2018: Revenue of $151K, expenses of $146K, and assets of $1.0M (revenue +0.3% year-over-year).
2017: Revenue of $150K, expenses of $187K, and assets of $973K (revenue -31.6% year-over-year).
2016: Revenue of $220K, expenses of $179K, and assets of $995K (revenue -6.7% year-over-year).
2015: Revenue of $235K, expenses of $170K, and assets of $947K (revenue +18.0% year-over-year).
2014: Revenue of $200K, expenses of $133K, and assets of $905K (revenue +3.7% year-over-year).
2013: Revenue of $192K, expenses of $154K, and assets of $864K (revenue +15.9% year-over-year).
2012: Revenue of $166K, expenses of $133K, and assets of $861K (revenue +15.6% year-over-year).
2011: Revenue of $144K, expenses of $65K, and assets of $856K.

Data Sources and Methodology

This transparency report for Universal Education Foundation Offort Wayne 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.