University City Foundation Inc
EIN: 814461399 · Charlotte, NC · NTEE: S21
| Metric | Value |
|---|---|
| Total Revenue | $686K |
| Total Expenses | $477K |
| Net Assets | $88K |
Is University City Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About University City Foundation Inc
University City Foundation Inc (EIN: 814461399) is a nonprofit organization based in Charlotte, NC, classified under NTEE code S21. The organization reported total revenue of $686K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University City Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
University City Foundation Inc is a small nonprofit that has been operating for 5 years, with 5 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 18.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $469K |
| Total Expenses | $477K |
| Surplus / Deficit | $-8,376 |
| Total Assets | $300K |
| Total Liabilities | $213K |
| Net Assets | $88K |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 70.8% |
| Months of Reserves | 7.5 months |
Financial Health Grade: C
In 2023, University City Foundation Inc reported a deficit of $8K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 70.8% (high leverage).
Financial Trends
Over 5 years of filings (2018–2023), University City Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.9% | +41.4% | -9.0% |
| 2022 | -19.4% | -21.5% | +194.2% |
| 2021 | +26.9% | +99.6% | -14.3% |
| 2020 | +55.9% | +17.6% | +229.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for University City Foundation Inc 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 University City Foundation Inc 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 deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 70.8%.
Frequently Asked Questions about University City Foundation Inc
Is University City Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, University City Foundation Inc (EIN: 814461399) insufficient data. 0 red flags identified, 0 strengths noted.
How does University City Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for University City Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to University City Foundation Inc tax-deductible?
University City Foundation Inc is registered as a tax-exempt nonprofit (EIN: 814461399). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is University City Foundation Inc located?
University City Foundation Inc is headquartered in Charlotte, North Carolina and files with the IRS under EIN 814461399. It is classified under NTEE code S21.
How many years of IRS 990 filings does University City Foundation Inc have?
University City Foundation Inc has 5 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 $686K in total revenue.
Filing History
IRS 990 filing history for University City Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2023), University City Foundation Inc's revenue has grown by 135.7%, moving from $199K to $469K. Total assets increased by 656.2% over the same period, from $40K to $300K. Total functional expenses rose by 160.6%, from $183K to $477K. In its most recent filing year (2023), University City Foundation Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $213K in liabilities against $300K in assets (debt-to-asset ratio: 70.8%), resulting in net assets of $88K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $469K | $477K | $300K | $213K | — | View 990 |
| 2022 | $317K | $338K | $330K | $257K | — | View 990 |
| 2021 | $393K | $430K | $112K | $19K | — | — |
| 2020 | $310K | $215K | $131K | $915 | — | View 990 |
| 2018 | $199K | $183K | $40K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $469K, expenses of $477K, and assets of $300K (revenue +47.9% year-over-year).
- 2022: Revenue of $317K, expenses of $338K, and assets of $330K (revenue -19.4% year-over-year).
- 2021: Revenue of $393K, expenses of $430K, and assets of $112K (revenue +26.9% year-over-year).
- 2020: Revenue of $310K, expenses of $215K, and assets of $131K (revenue +55.9% year-over-year).
- 2018: Revenue of $199K, expenses of $183K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for University City Foundation Inc:
Data Sources and Methodology
This transparency report for University City Foundation 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.