Uptown Consortium Inc
Uptown Consortium Inc. consistently operates with expenses exceeding revenue, maintaining substantial assets but also high liabilities.
EIN: 200688727 · Cincinnati, OH · NTEE: S31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.5M |
| Total Expenses | $2.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $45,671,904 |
| Net Assets | $-5,738,336 |
| Transparency Score | 65/100 |
Is Uptown Consortium Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Uptown Consortium Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Uptown Consortium Inc
Uptown Consortium Inc (EIN: 200688727) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code S31. The organization reported total revenue of $15.5M and total assets of $50.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Uptown Consortium Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Uptown Consortium Inc is a large nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-643,428 |
| Total Assets | $45.7M |
| Total Liabilities | $51.4M |
| Net Assets | $-5,738,336 |
| Operating Margin | -31.6% |
| Debt-to-Asset Ratio | 112.6% |
| Months of Reserves | 204.7 months |
Financial Health Grade: C
In 2023, Uptown Consortium Inc reported a deficit of $643K with expenses exceeding revenue, holds 204.7 months of operating reserves (strong position), has a debt-to-asset ratio of 112.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Uptown Consortium Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.3% | +0.0% | -7.5% |
| 2022 | -18.6% | -3.0% | +1.2% |
| 2021 | +48.1% | -7.6% | -3.0% |
| 2020 | +29.0% | +2.2% | +0.2% |
| 2019 | -72.7% | -36.1% | -8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Uptown Consortium Inc with a Mission Score of 65 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, Uptown Consortium 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 $643K, with expenses exceeding revenue.
- Debt-to-asset ratio: 112.6%.
Executive Compensation Analysis
Uptown Consortium Inc. consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and asset base ($45,671,904 in 2023). This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently and not captured under 'Officer Comp' in the provided data.
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 Uptown Consortium Inc's IRS 990 filings:
- Consistent negative net income in recent years (e.g., $2,034,068 revenue vs. $2,677,496 expenses in 2023).
- Liabilities consistently exceed assets, indicating potential solvency concerns (e.g., $51,410,240 liabilities vs. $45,671,904 assets in 2023).
- Unusually low or zero reported officer compensation for an organization of this size and asset base, raising questions about transparency in executive pay.
Strengths
The following positive indicators were identified for Uptown Consortium Inc:
- Substantial asset base, with assets consistently above $45 million in recent years, providing a foundation for operations.
- Long operating history with 13 filings, indicating established presence and experience in its mission.
- Potential for high program efficiency if executive compensation is genuinely minimal or volunteer-based, allowing more resources for mission-related activities.
Frequently Asked Questions about Uptown Consortium Inc
Is Uptown Consortium Inc a legitimate charity?
Uptown Consortium Inc (EIN: 200688727) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.5M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Uptown Consortium Inc spend its money?
Uptown Consortium Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Uptown Consortium Inc tax-deductible?
Uptown Consortium Inc is registered as a tax-exempt nonprofit (EIN: 200688727). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Uptown Consortium Inc CEO make?
Uptown Consortium Inc's highest-compensated officer earns $45,671,904 annually. The organization reported $15.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Uptown Consortium Inc's spending goes to programs?
Uptown Consortium Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Uptown Consortium Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Uptown Consortium Inc is above average for NTEE category S31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Uptown Consortium Inc located?
Uptown Consortium Inc is headquartered in Cincinnati, Ohio and files with the IRS under EIN 200688727. It is classified under NTEE code S31.
How many years of IRS 990 filings does Uptown Consortium Inc have?
Uptown Consortium 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 $15.5M in total revenue.
How does Uptown Consortium Inc. consistently fund its operations when expenses frequently exceed revenue?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., $2,677,496 in expenses vs. $2,034,068 in revenue in 2023). This suggests reliance on accumulated assets, grants, or other non-revenue funding sources to cover operational deficits.
What is the nature of the high liabilities reported by the organization?
In 2023, liabilities were $51,410,240, significantly exceeding assets of $45,671,904. Understanding the composition of these liabilities (e.g., long-term debt, program-related investments, or deferred revenue) is crucial for assessing financial risk.
Is the 0% officer compensation truly indicative of no executive pay?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization with significant assets and operations. It warrants investigation into whether executive compensation is reported under other expense categories or if the organization is indeed managed by unpaid volunteers.
What is the long-term strategy for addressing the consistent negative net income?
With expenses frequently surpassing revenue, the organization's long-term financial sustainability could be at risk if this trend continues without a clear strategy for increasing revenue or reducing expenses. For example, in 2023, the net income was negative $643,428.
Filing History
IRS 990 filing history for Uptown Consortium Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Uptown Consortium Inc's revenue has declined by 63.6%, moving from $5.6M to $2.0M. Total assets increased by 72.9% over the same period, from $26.4M to $45.7M. Total functional expenses fell by 29%, from $3.8M to $2.7M. In its most recent filing year (2023), Uptown Consortium Inc reported a deficit of $643K, with expenses exceeding revenue. The organization holds $51.4M in liabilities against $45.7M in assets (debt-to-asset ratio: 112.6%), resulting in net assets of $-5,738,336.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.7M | $45.7M | $51.4M | — | View 990 |
| 2022 | $3.0M | $2.7M | $49.4M | $55.4M | — | — |
| 2021 | $3.6M | $2.8M | $48.8M | $54.9M | — | View 990 |
| 2020 | $2.5M | $3.0M | $50.3M | $55.9M | — | View 990 |
| 2019 | $1.9M | $2.9M | $50.2M | $55.1M | — | View 990 |
| 2018 | $7.0M | $4.6M | $55.1M | $54.4M | — | View 990 |
| 2017 | $6.6M | $6.0M | $48.1M | $49.6M | — | View 990 |
| 2016 | $4.1M | $6.6M | $49.7M | $51.2M | — | View 990 |
| 2015 | $5.8M | $5.3M | $43.3M | $41.7M | — | View 990 |
| 2014 | $5.9M | $4.6M | $29.6M | $27.9M | — | View 990 |
| 2013 | $6.5M | $4.6M | $26.0M | $25.1M | — | View 990 |
| 2012 | $5.5M | $4.2M | $26.8M | $27.0M | — | View 990 |
| 2011 | $5.6M | $3.8M | $26.4M | $27.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.7M, and assets of $45.7M (revenue -31.3% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.7M, and assets of $49.4M (revenue -18.6% year-over-year).
- 2021: Revenue of $3.6M, expenses of $2.8M, and assets of $48.8M (revenue +48.1% year-over-year).
- 2020: Revenue of $2.5M, expenses of $3.0M, and assets of $50.3M (revenue +29.0% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.9M, and assets of $50.2M (revenue -72.7% year-over-year).
- 2018: Revenue of $7.0M, expenses of $4.6M, and assets of $55.1M (revenue +5.5% year-over-year).
- 2017: Revenue of $6.6M, expenses of $6.0M, and assets of $48.1M (revenue +62.0% year-over-year).
- 2016: Revenue of $4.1M, expenses of $6.6M, and assets of $49.7M (revenue -29.1% year-over-year).
- 2015: Revenue of $5.8M, expenses of $5.3M, and assets of $43.3M (revenue -2.3% year-over-year).
- 2014: Revenue of $5.9M, expenses of $4.6M, and assets of $29.6M (revenue -10.0% year-over-year).
- 2013: Revenue of $6.5M, expenses of $4.6M, and assets of $26.0M (revenue +20.0% year-over-year).
- 2012: Revenue of $5.5M, expenses of $4.2M, and assets of $26.8M (revenue -2.5% year-over-year).
- 2011: Revenue of $5.6M, expenses of $3.8M, and assets of $26.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Uptown Consortium Inc:
Data Sources and Methodology
This transparency report for Uptown Consortium 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.