University Technology Development Corporation
EIN: 260028948 · Lincoln, NE · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $252K |
| Total Expenses | $211K |
| Net Assets | $217K |
Is University Technology Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About University Technology Development Corporation
University Technology Development Corporation (EIN: 260028948) is a nonprofit organization based in Lincoln, NE, classified under NTEE code B20. The organization reported total revenue of $252K and total assets of $173K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University Technology Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
University Technology Development Corporation is a small nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $252K |
| Total Expenses | $211K |
| Surplus / Deficit | +$41K |
| Total Assets | $217K |
| Net Assets | $217K |
| Operating Margin | 16.2% |
| Months of Reserves | 12.3 months |
Financial Health Grade: A
In 2023, University Technology Development Corporation reported a surplus of $41K with revenue exceeding expenses, holds 12.3 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), University Technology Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | +18.8% | +19.9% |
| 2021 | -100.0% | -5.9% | -40.8% |
| 2020 | -55.6% | +6.6% | +2.0% |
| 2019 | +125.0% | -24.7% | +262.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for University Technology Development Corporation 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 Technology Development Corporation 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 $41K, with revenue exceeding expenses.
Frequently Asked Questions about University Technology Development Corporation
Is University Technology Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, University Technology Development Corporation (EIN: 260028948) insufficient data. 0 red flags identified, 0 strengths noted.
How does University Technology Development Corporation spend its money?
Detailed spending breakdown data is not yet available for University Technology Development Corporation. Check back for updated IRS 990 analysis.
Are donations to University Technology Development Corporation tax-deductible?
University Technology Development Corporation is registered as a tax-exempt nonprofit (EIN: 260028948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is University Technology Development Corporation located?
University Technology Development Corporation is headquartered in Lincoln, Nebraska and files with the IRS under EIN 260028948. It is classified under NTEE code B20.
How many years of IRS 990 filings does University Technology Development Corporation have?
University Technology Development Corporation has 11 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 $252K in total revenue.
Filing History
IRS 990 filing history for University Technology Development Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), University Technology Development Corporation's revenue has grown by 0.7%, moving from $250K to $252K. Total assets increased by 72.6% over the same period, from $126K to $217K. Total functional expenses rose by 63.7%, from $129K to $211K. In its most recent filing year (2023), University Technology Development Corporation reported a surplus of $41K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $252K | $211K | $217K | $0 | — | View 990 |
| 2022 | $250K | $178K | $181K | $5K | — | View 990 |
| 2021 | $0 | $89K | $114K | $11K | — | — |
| 2020 | $100K | $95K | $193K | $0 | — | View 990 |
| 2019 | $225K | $89K | $189K | $1K | — | View 990 |
| 2018 | $100K | $118K | $52K | $0 | — | View 990 |
| 2017 | $210K | $187K | $71K | $0 | — | View 990 |
| 2016 | $70K | $98K | $48K | $0 | — | View 990 |
| 2015 | $140K | $102K | $76K | $0 | — | View 990 |
| 2014 | $71K | $158K | $39K | $0 | — | View 990 |
| 2013 | $250K | $129K | $126K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $252K, expenses of $211K, and assets of $217K (revenue +0.7% year-over-year).
- 2022: Revenue of $250K, expenses of $178K, and assets of $181K.
- 2021: Revenue of $0, expenses of $89K, and assets of $114K (revenue -100.0% year-over-year).
- 2020: Revenue of $100K, expenses of $95K, and assets of $193K (revenue -55.6% year-over-year).
- 2019: Revenue of $225K, expenses of $89K, and assets of $189K (revenue +125.0% year-over-year).
- 2018: Revenue of $100K, expenses of $118K, and assets of $52K (revenue -52.4% year-over-year).
- 2017: Revenue of $210K, expenses of $187K, and assets of $71K (revenue +200.0% year-over-year).
- 2016: Revenue of $70K, expenses of $98K, and assets of $48K (revenue -50.0% year-over-year).
- 2015: Revenue of $140K, expenses of $102K, and assets of $76K (revenue +96.5% year-over-year).
- 2014: Revenue of $71K, expenses of $158K, and assets of $39K (revenue -71.5% year-over-year).
- 2013: Revenue of $250K, expenses of $129K, and assets of $126K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for University Technology Development Corporation:
Data Sources and Methodology
This transparency report for University Technology Development Corporation 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.