Univest Foundation
Univest Foundation maintains stable assets and zero executive compensation amidst fluctuating annual revenues and expenses.
EIN: 10702102 · Souderton, PA · NTEE: T99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| Net Assets | $7.9M |
| Transparency Score | 95/100 |
Is Univest Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Univest Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Univest Foundation
Univest Foundation (EIN: 10702102) is a nonprofit organization based in Souderton, PA, classified under NTEE code T99. The organization reported total revenue of $3.1M and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Univest Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Univest Foundation is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-87,261 |
| Total Assets | $13.2M |
| Total Liabilities | $5.4M |
| Net Assets | $7.9M |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 40.5% |
| Months of Reserves | 135.5 months |
Financial Health Grade: B
In 2024, Univest Foundation reported a deficit of $87K with expenses exceeding revenue, holds 135.5 months of operating reserves (strong position), has a debt-to-asset ratio of 40.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Univest Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -21.6% | +5.4% | +4.1% |
| 2023 | +29.6% | +5.5% | +1.7% |
| 2022 | -58.5% | -60.0% | -16.9% |
| 2021 | +38.6% | +100.7% | +25.9% |
| 2020 | +57.7% | -7.2% | +4.5% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Univest Foundation with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Univest Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $87K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.5%.
Executive Compensation Analysis
The Univest Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a highly efficient administrative structure or a volunteer-led executive team, directing all available funds towards its mission.
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 Univest Foundation's IRS 990 filings:
- Expenses exceeded revenue in multiple recent periods (e.g., 202406, 202106, 201906, 201606), indicating reliance on prior surpluses or investment income to cover operational costs.
Strengths
The following positive indicators were identified for Univest Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication of funds to mission.
- Strong and growing asset base, reaching $13,849,388, providing financial stability.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Significant assets relative to annual expenses, suggesting a robust endowment or investment strategy.
Frequently Asked Questions about Univest Foundation
Is Univest Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Univest Foundation (EIN: 10702102) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Univest Foundation spend its money?
Univest Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Univest Foundation tax-deductible?
Univest Foundation is registered as a tax-exempt nonprofit (EIN: 10702102). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Univest Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Univest Foundation is above average for NTEE category T99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Univest Foundation located?
Univest Foundation is headquartered in Souderton, Pennsylvania and files with the IRS under EIN 10702102. It is classified under NTEE code T99.
How many years of IRS 990 filings does Univest Foundation have?
Univest 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 $3.1M in total revenue.
Is Univest Foundation a good charity?
Based on the provided data, the Univest Foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating high efficiency in directing funds to its mission, and maintains a strong asset base of over $13 million.
How does Univest Foundation manage its executive compensation?
The Univest Foundation reports 0% officer compensation in all available filings, meaning no salaries are paid to its executives. This is a strong indicator of financial efficiency and a focus on program delivery.
What is the financial trend of Univest Foundation's assets?
The Univest Foundation's assets have shown a general upward trend, growing from $10,532,299 in 2016 to $13,209,373 in 2024, despite some annual fluctuations in revenue and expenses.
Filing History
IRS 990 filing history for Univest Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Univest Foundation's revenue has declined by 16.8%, moving from $1.3M to $1.1M. Total assets increased by 93% over the same period, from $6.8M to $13.2M. Total functional expenses rose by 50.6%, from $777K to $1.2M. In its most recent filing year (2024), Univest Foundation reported a deficit of $87K, with expenses exceeding revenue. The organization holds $5.4M in liabilities against $13.2M in assets (debt-to-asset ratio: 40.5%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $1.2M | $13.2M | $5.4M | — | — |
| 2023 | $1.4M | $1.1M | $12.7M | $5.3M | — | — |
| 2022 | $1.1M | $1.1M | $12.5M | $5.4M | — | View 990 |
| 2021 | $2.6M | $2.6M | $15.0M | $6.6M | — | View 990 |
| 2020 | $1.9M | $1.3M | $11.9M | $5.2M | — | View 990 |
| 2019 | $1.2M | $1.4M | $11.4M | $4.9M | — | View 990 |
| 2018 | $2.0M | $1.8M | $11.7M | $5.0M | — | View 990 |
| 2017 | $2.3M | $2.1M | $11.5M | $4.8M | — | View 990 |
| 2016 | $2.0M | $3.5M | $10.5M | $4.4M | — | View 990 |
| 2015 | $2.9M | $2.0M | $12.2M | $4.3M | — | View 990 |
| 2014 | $2.7M | $1.9M | $12.2M | $5.2M | — | View 990 |
| 2013 | $2.5M | $1.0M | $10.3M | $4.6M | — | View 990 |
| 2012 | $1.3M | $777K | $6.8M | $3.1M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.1M, expenses of $1.2M, and assets of $13.2M (revenue -21.6% year-over-year).
- 2023: Revenue of $1.4M, expenses of $1.1M, and assets of $12.7M (revenue +29.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $12.5M (revenue -58.5% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.6M, and assets of $15.0M (revenue +38.6% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.3M, and assets of $11.9M (revenue +57.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.4M, and assets of $11.4M (revenue -41.1% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.8M, and assets of $11.7M (revenue -12.2% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.1M, and assets of $11.5M (revenue +13.3% year-over-year).
- 2016: Revenue of $2.0M, expenses of $3.5M, and assets of $10.5M (revenue -30.1% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.0M, and assets of $12.2M (revenue +5.6% year-over-year).
- 2014: Revenue of $2.7M, expenses of $1.9M, and assets of $12.2M (revenue +6.9% year-over-year).
- 2013: Revenue of $2.5M, expenses of $1.0M, and assets of $10.3M (revenue +95.0% year-over-year).
- 2012: Revenue of $1.3M, expenses of $777K, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Univest Foundation:
Data Sources and Methodology
This transparency report for Univest 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.