Unumprovident Disability Plan Tr
Unumprovident Disability Plan Tr consistently manages expenses near revenue with growing assets and no reported officer compensation.
EIN: 202545614 · Chattanooga, TN · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.4M |
| Total Expenses | $8.6M |
| Program Spending | 95% |
| Net Assets | $358K |
| Transparency Score | 85/100 |
Is Unumprovident Disability Plan Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Unumprovident Disability Plan Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Unumprovident Disability Plan Tr
Unumprovident Disability Plan Tr (EIN: 202545614) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code Y43. The organization reported total revenue of $9.4M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unumprovident Disability Plan Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unumprovident Disability Plan Tr is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.8M |
| Total Expenses | $8.6M |
| Surplus / Deficit | +$213K |
| Total Assets | $1.4M |
| Total Liabilities | $1.0M |
| Net Assets | $358K |
| Operating Margin | 2.4% |
| Debt-to-Asset Ratio | 74.1% |
| Months of Reserves | 1.9 months |
Financial Health Grade: B
In 2023, Unumprovident Disability Plan Tr reported a surplus of $213K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 74.1% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Unumprovident Disability Plan Tr's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +8.5% | +25.5% |
| 2022 | -1.6% | -2.1% | -0.9% |
| 2021 | +26.9% | +27.3% | +28.6% |
| 2020 | +26.0% | +27.5% | +5.8% |
| 2019 | +13.8% | +13.8% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Unumprovident Disability Plan Tr with a Mission Score of 85 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: 95%
- fundraising: 0%
According to IRS 990 filings, Unumprovident Disability Plan Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $213K, with revenue exceeding expenses.
- Debt-to-asset ratio: 74.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive compensation is either non-existent, paid by a related entity, or structured in a way that it does not appear as direct officer compensation on the 990, which is a notable point for transparency.
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 Unumprovident Disability Plan Tr's IRS 990 filings:
- Consistent 0% officer compensation may indicate compensation is handled by a related entity or not fully disclosed on the 990, requiring further investigation for complete transparency.
Strengths
The following positive indicators were identified for Unumprovident Disability Plan Tr:
- Consistent revenue growth, from $4,272,475 in 2014 to $8,802,186 in 2023.
- Strong asset growth, increasing from $496,802 in 2014 to $1,381,296 in 2023.
- Expenses consistently managed close to revenue, indicating sound financial planning.
- Healthy asset-to-liability ratio, with assets significantly exceeding liabilities.
- No reported officer compensation, suggesting efficient use of funds or alternative compensation structures.
Frequently Asked Questions about Unumprovident Disability Plan Tr
Is Unumprovident Disability Plan Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Unumprovident Disability Plan Tr (EIN: 202545614) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Unumprovident Disability Plan Tr spend its money?
Unumprovident Disability Plan Tr directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Unumprovident Disability Plan Tr tax-deductible?
Unumprovident Disability Plan Tr is registered as a tax-exempt nonprofit (EIN: 202545614). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Unumprovident Disability Plan Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Unumprovident Disability Plan Tr is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Unumprovident Disability Plan Tr located?
Unumprovident Disability Plan Tr is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 202545614. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Unumprovident Disability Plan Tr have?
Unumprovident Disability Plan Tr has 14 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 $9.4M in total revenue.
Is Unumprovident Disability Plan Tr a good charity?
Based on the available financial data, Unumprovident Disability Plan Tr appears to be a well-managed organization with consistent revenue growth and asset accumulation. Its NTEE code Y43 suggests it's an employee or membership benefit organization, not a traditional public charity. The consistent 0% officer compensation is a positive indicator of efficient resource allocation, assuming compensation is not simply hidden elsewhere.
How does Unumprovident Disability Plan Tr manage its expenses relative to its revenue?
The organization consistently manages its expenses very close to its revenue. For example, in 2023, revenue was $8,802,186 and expenses were $8,588,856, resulting in a modest surplus. This trend is consistent across most years, indicating careful financial planning and management.
What is the trend in Unumprovident Disability Plan Tr's assets and liabilities?
Unumprovident Disability Plan Tr has shown strong asset growth, increasing from $496,802 in 2014 to $1,381,296 in 2023. Liabilities have also increased but at a slower rate, maintaining a healthy financial position with assets significantly exceeding liabilities.
What does the 0% officer compensation mean for Unumprovident Disability Plan Tr?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It could mean that officers are volunteers, compensated by a parent organization, or that their compensation is structured in a way that it is not reported in this section of the 990. This warrants further inquiry for complete transparency.
Filing History
IRS 990 filing history for Unumprovident Disability Plan Tr showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Unumprovident Disability Plan Tr's revenue has grown by 79.5%, moving from $4.9M to $8.8M. Total assets increased by 55.4% over the same period, from $889K to $1.4M. Total functional expenses rose by 75.9%, from $4.9M to $8.6M. In its most recent filing year (2023), Unumprovident Disability Plan Tr reported a surplus of $213K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $1.4M in assets (debt-to-asset ratio: 74.1%), resulting in net assets of $358K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.8M | $8.6M | $1.4M | $1.0M | — | — |
| 2022 | $7.9M | $7.9M | $1.1M | $956K | — | View 990 |
| 2021 | $8.0M | $8.1M | $1.1M | $942K | — | View 990 |
| 2020 | $6.3M | $6.4M | $864K | $629K | — | View 990 |
| 2019 | $5.0M | $5.0M | $817K | $547K | — | — |
| 2018 | $4.4M | $4.4M | $812K | $575K | — | View 990 |
| 2017 | $4.3M | $4.2M | $797K | $583K | — | View 990 |
| 2016 | $4.7M | $4.6M | $755K | $749K | — | View 990 |
| 2015 | $4.5M | $4.4M | $697K | $780K | — | View 990 |
| 2014 | $4.3M | $4.4M | $497K | $666K | — | View 990 |
| 2013 | $3.9M | $3.6M | $669K | $701K | — | View 990 |
| 2012 | $4.1M | $4.1M | $569K | $868K | — | View 990 |
| 2011 | $4.6M | $4.8M | $496K | $778K | — | View 990 |
| 2010 | $4.9M | $4.9M | $889K | $915K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.8M, expenses of $8.6M, and assets of $1.4M (revenue +11.5% year-over-year).
- 2022: Revenue of $7.9M, expenses of $7.9M, and assets of $1.1M (revenue -1.6% year-over-year).
- 2021: Revenue of $8.0M, expenses of $8.1M, and assets of $1.1M (revenue +26.9% year-over-year).
- 2020: Revenue of $6.3M, expenses of $6.4M, and assets of $864K (revenue +26.0% year-over-year).
- 2019: Revenue of $5.0M, expenses of $5.0M, and assets of $817K (revenue +13.8% year-over-year).
- 2018: Revenue of $4.4M, expenses of $4.4M, and assets of $812K (revenue +2.7% year-over-year).
- 2017: Revenue of $4.3M, expenses of $4.2M, and assets of $797K (revenue -8.2% year-over-year).
- 2016: Revenue of $4.7M, expenses of $4.6M, and assets of $755K (revenue +4.7% year-over-year).
- 2015: Revenue of $4.5M, expenses of $4.4M, and assets of $697K (revenue +4.5% year-over-year).
- 2014: Revenue of $4.3M, expenses of $4.4M, and assets of $497K (revenue +9.9% year-over-year).
- 2013: Revenue of $3.9M, expenses of $3.6M, and assets of $669K (revenue -4.2% year-over-year).
- 2012: Revenue of $4.1M, expenses of $4.1M, and assets of $569K (revenue -11.4% year-over-year).
- 2011: Revenue of $4.6M, expenses of $4.8M, and assets of $496K (revenue -6.6% year-over-year).
- 2010: Revenue of $4.9M, expenses of $4.9M, and assets of $889K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unumprovident Disability Plan Tr:
Data Sources and Methodology
This transparency report for Unumprovident Disability Plan Tr 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.