Universty College London Friends And Alumni Association Inc
Universty College London Friends And Alumni Association Inc maintains substantial assets despite fluctuating annual operating results and periodic deficits.
EIN: 133634775 · New York, NY · NTEE: Q300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.0M |
| Total Expenses | $2.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $12 |
| Net Assets | $12.6M |
| Transparency Score | 75/100 |
Is Universty College London Friends And Alumni Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Universty College London Friends And Alumni Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Universty College London Friends And Alumni Association Inc
Universty College London Friends And Alumni Association Inc (EIN: 133634775) is a nonprofit organization based in New York, NY, classified under NTEE code Q300. The organization reported total revenue of $5.0M and total assets of $14.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Universty College London Friends And Alumni Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Universty College London Friends And Alumni Association Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-614,645 |
| Total Assets | $12.8M |
| Total Liabilities | $148K |
| Net Assets | $12.6M |
| Operating Margin | -36.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 67.0 months |
Financial Health Grade: B
In 2023, Universty College London Friends And Alumni Association Inc reported a deficit of $615K with expenses exceeding revenue, holds 67.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Universty College London Friends And Alumni Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.3% | +339.6% | +6.2% |
| 2022 | +19.3% | -51.8% | -7.9% |
| 2021 | -17.5% | -65.0% | +7.4% |
| 2020 | -54.1% | +126.4% | -8.0% |
| 2019 | +24.4% | -20.3% | +28.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Universty College London Friends And Alumni Association Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Universty College London Friends And Alumni Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $615K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either uncompensated or compensated through other means not categorized as officer compensation, which is a notable aspect for an organization with assets exceeding $12 million.
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 Universty College London Friends And Alumni Association Inc's IRS 990 filings:
- Periodic operating deficits (e.g., $614,645 in 2023, $1,646,539 in 2020) indicate reliance on reserves or prior surpluses.
- Significant fluctuations in annual revenue and expenses, making financial forecasting potentially challenging.
Strengths
The following positive indicators were identified for Universty College London Friends And Alumni Association Inc:
- Strong and growing asset base, reaching $12,789,536 in 2023, providing financial stability.
- Consistent reporting of 0% officer compensation, suggesting high transparency or volunteer leadership.
- Demonstrated ability to recover from deficit years with subsequent periods of surplus, as seen in 2022 after 2020's deficit.
Frequently Asked Questions about Universty College London Friends And Alumni Association Inc
Is Universty College London Friends And Alumni Association Inc a legitimate charity?
Universty College London Friends And Alumni Association Inc (EIN: 133634775) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Universty College London Friends And Alumni Association Inc spend its money?
Universty College London Friends And Alumni Association Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Universty College London Friends And Alumni Association Inc tax-deductible?
Universty College London Friends And Alumni Association Inc is registered as a tax-exempt nonprofit (EIN: 133634775). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Universty College London Friends And Alumni Association Inc CEO make?
Universty College London Friends And Alumni Association Inc's highest-compensated officer earns $12 annually. The organization reported $5.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Universty College London Friends And Alumni Association Inc's spending goes to programs?
Universty College London Friends And Alumni Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Universty College London Friends And Alumni Association Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Universty College London Friends And Alumni Association Inc is above average for NTEE category Q300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Universty College London Friends And Alumni Association Inc located?
Universty College London Friends And Alumni Association Inc is headquartered in New York, New York and files with the IRS under EIN 133634775. It is classified under NTEE code Q300.
How many years of IRS 990 filings does Universty College London Friends And Alumni Association Inc have?
Universty College London Friends And Alumni Association Inc 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 $5.0M in total revenue.
How does Universty College London Friends And Alumni Association Inc cover its operating deficits, such as the $614,645 deficit in 2023?
The organization likely covers its operating deficits by drawing from its accumulated net assets, which stood at $12,789,536 in 2023, or from prior year surpluses, such as the significant surplus in 2022.
What is the specific breakdown of program, administrative, and fundraising expenses for the most recent fiscal year?
While specific line-item breakdowns are not provided in the summary data, the overall expense figures suggest a significant portion is directed towards its mission, given its NTEE code and the nature of an alumni association. A detailed 990 would be needed for precise percentages.
Why is officer compensation consistently reported as 0%?
A consistent 0% officer compensation could mean that the organization's leadership roles are filled by volunteers, or that any compensation for individuals in executive roles is categorized differently within the IRS 990, such as general staff salaries, rather than specifically as 'officer compensation'.
Filing History
IRS 990 filing history for Universty College London Friends And Alumni Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Universty College London Friends And Alumni Association Inc's revenue has grown by 391.8%, moving from $341K to $1.7M. Total assets increased by 139.6% over the same period, from $5.3M to $12.8M. Total functional expenses rose by 146.9%, from $928K to $2.3M. In its most recent filing year (2023), Universty College London Friends And Alumni Association Inc reported a deficit of $615K, with expenses exceeding revenue. The organization holds $148K in liabilities against $12.8M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $12.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.3M | $12.8M | $148K | — | — |
| 2022 | $1.4M | $521K | $12.0M | $110K | — | View 990 |
| 2021 | $1.2M | $1.1M | $13.1M | $28K | — | View 990 |
| 2020 | $1.4M | $3.1M | $12.2M | $1K | — | View 990 |
| 2019 | $3.1M | $1.4M | $13.2M | $20K | — | View 990 |
| 2018 | $2.5M | $1.7M | $10.3M | $20K | — | View 990 |
| 2017 | $2.9M | $1.9M | $11.4M | $23K | — | View 990 |
| 2016 | $3.8M | $5.9M | $9.7M | $0 | — | View 990 |
| 2015 | $6.3M | $3.3M | $11.6M | $0 | — | View 990 |
| 2014 | $4.4M | $4.1M | $9.3M | $0 | — | View 990 |
| 2013 | $2.3M | $1.7M | $8.9M | $0 | — | View 990 |
| 2012 | $1.8M | $520K | $6.8M | $86K | — | View 990 |
| 2011 | $341K | $928K | $5.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.3M, and assets of $12.8M (revenue +18.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $521K, and assets of $12.0M (revenue +19.3% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $13.1M (revenue -17.5% year-over-year).
- 2020: Revenue of $1.4M, expenses of $3.1M, and assets of $12.2M (revenue -54.1% year-over-year).
- 2019: Revenue of $3.1M, expenses of $1.4M, and assets of $13.2M (revenue +24.4% year-over-year).
- 2018: Revenue of $2.5M, expenses of $1.7M, and assets of $10.3M (revenue -13.5% year-over-year).
- 2017: Revenue of $2.9M, expenses of $1.9M, and assets of $11.4M (revenue -23.9% year-over-year).
- 2016: Revenue of $3.8M, expenses of $5.9M, and assets of $9.7M (revenue -39.4% year-over-year).
- 2015: Revenue of $6.3M, expenses of $3.3M, and assets of $11.6M (revenue +42.3% year-over-year).
- 2014: Revenue of $4.4M, expenses of $4.1M, and assets of $9.3M (revenue +91.0% year-over-year).
- 2013: Revenue of $2.3M, expenses of $1.7M, and assets of $8.9M (revenue +26.0% year-over-year).
- 2012: Revenue of $1.8M, expenses of $520K, and assets of $6.8M (revenue +441.4% year-over-year).
- 2011: Revenue of $341K, expenses of $928K, and assets of $5.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Universty College London Friends And Alumni Association Inc:
Data Sources and Methodology
This transparency report for Universty College London Friends And Alumni Association 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.