Urban Assembly Inc
Urban Assembly Inc. shows strong financial growth and zero reported officer compensation over a decade.
EIN: 110332039 · New York, NY · NTEE: Q22Z · Updated: 2026-03-28
Is Urban Assembly Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Urban Assembly Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Urban Assembly Inc
Urban Assembly Inc (EIN: 110332039) is a nonprofit organization based in New York, NY, classified under NTEE code Q22Z. The organization reported total revenue of $7.8M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Urban Assembly Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Urban Assembly Inc is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.2M |
| Total Expenses | $8.6M |
| Surplus / Deficit | +$574K |
| Total Assets | $8.5M |
| Total Liabilities | $1.9M |
| Net Assets | $6.7M |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 21.8% |
| Months of Reserves | 11.9 months |
Financial Health Grade: A
In 2023, Urban Assembly Inc reported a surplus of $574K with revenue exceeding expenses, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 21.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Urban Assembly Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.3% | +30.1% | +18.5% |
| 2022 | +71.9% | +36.1% | +81.9% |
| 2021 | +-0.0% | -9.7% | +20.7% |
| 2020 | +9.3% | +5.6% | +38.1% |
| 2019 | -0.2% | +0.6% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1991 |
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 Urban Assembly Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Urban Assembly Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $574K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.8%.
Executive Compensation Analysis
Urban Assembly Inc. consistently reports 0% officer compensation across all available IRS 990 filings, which is an exceptional indicator of transparency and a strong commitment to directing all funds towards its programmatic mission rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Urban Assembly Inc:
- Consistent revenue growth over the past decade, reaching $9,211,991 in 202308.
- Significant asset accumulation, growing from $1,162,560 in 201608 to $8,544,186 in 202308.
- Zero reported officer compensation across all 13 available IRS 990 filings, indicating high transparency and mission focus.
- Generally positive net income (revenue exceeding expenses) in most recent years, such as $573,636 in 202308 ($9,211,991 revenue - $8,638,355 expenses).
- Healthy asset-to-liability ratio, with assets significantly exceeding liabilities (e.g., $8,544,186 assets vs. $1,864,649 liabilities in 202308).
Frequently Asked Questions about Urban Assembly Inc
Is Urban Assembly Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Urban Assembly Inc (EIN: 110332039) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Urban Assembly Inc spend its money?
Urban Assembly Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Urban Assembly Inc tax-deductible?
Urban Assembly Inc is registered as a tax-exempt nonprofit (EIN: 110332039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Urban Assembly Inc. a good charity?
Based on the provided financial data, Urban Assembly Inc. appears to be a very good charity. They demonstrate strong financial health, consistent revenue growth, significant asset accumulation, and a remarkable commitment to transparency by reporting 0% officer compensation across all filings.
How has Urban Assembly Inc.'s revenue trended over time?
Urban Assembly Inc.'s revenue has shown a strong upward trend, growing from $4,948,761 in 201408 to a peak of $9,831,334 in 202208, with a slight decrease to $9,211,991 in 202308, indicating sustained growth.
What is Urban Assembly Inc.'s asset growth like?
The organization's assets have grown substantially, from $1,162,560 in 201608 to $8,544,186 in 202308, demonstrating effective financial management and resource accumulation.
Filing History
IRS 990 filing history for Urban Assembly Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Urban Assembly Inc's revenue has grown by 199.1%, moving from $3.1M to $9.2M. Total assets increased by 151.4% over the same period, from $3.4M to $8.5M. Total functional expenses rose by 79.1%, from $4.8M to $8.6M. In its most recent filing year (2023), Urban Assembly Inc reported a surplus of $574K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $8.5M in assets (debt-to-asset ratio: 21.8%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.2M | $8.6M | $8.5M | $1.9M | — | View 990 |
| 2022 | $9.8M | $6.6M | $7.2M | $1.1M | — | View 990 |
| 2021 | $5.7M | $4.9M | $4.0M | $1.0M | — | View 990 |
| 2020 | $5.7M | $5.4M | $3.3M | $1.2M | — | — |
| 2019 | $5.2M | $5.1M | $2.4M | $614K | — | View 990 |
| 2018 | $5.2M | $5.1M | $2.2M | $511K | — | View 990 |
| 2017 | $4.7M | $4.0M | $1.8M | $275K | — | View 990 |
| 2016 | $4.9M | $5.6M | $1.2M | $323K | — | View 990 |
| 2015 | $5.4M | $6.0M | $1.8M | $387K | — | View 990 |
| 2014 | $4.9M | $5.3M | $2.4M | $289K | — | View 990 |
| 2013 | $3.7M | $4.5M | $2.6M | $169K | — | View 990 |
| 2012 | $4.2M | $4.4M | $3.3M | $164K | — | View 990 |
| 2011 | $3.1M | $4.8M | $3.4M | $83K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.2M, expenses of $8.6M, and assets of $8.5M (revenue -6.3% year-over-year).
- 2022: Revenue of $9.8M, expenses of $6.6M, and assets of $7.2M (revenue +71.9% year-over-year).
- 2021: Revenue of $5.7M, expenses of $4.9M, and assets of $4.0M (revenue +-0.0% year-over-year).
- 2020: Revenue of $5.7M, expenses of $5.4M, and assets of $3.3M (revenue +9.3% year-over-year).
- 2019: Revenue of $5.2M, expenses of $5.1M, and assets of $2.4M (revenue -0.2% year-over-year).
- 2018: Revenue of $5.2M, expenses of $5.1M, and assets of $2.2M (revenue +12.7% year-over-year).
- 2017: Revenue of $4.7M, expenses of $4.0M, and assets of $1.8M (revenue -5.9% year-over-year).
- 2016: Revenue of $4.9M, expenses of $5.6M, and assets of $1.2M (revenue -8.4% year-over-year).
- 2015: Revenue of $5.4M, expenses of $6.0M, and assets of $1.8M (revenue +9.1% year-over-year).
- 2014: Revenue of $4.9M, expenses of $5.3M, and assets of $2.4M (revenue +32.6% year-over-year).
- 2013: Revenue of $3.7M, expenses of $4.5M, and assets of $2.6M (revenue -11.3% year-over-year).
- 2012: Revenue of $4.2M, expenses of $4.4M, and assets of $3.3M (revenue +36.7% year-over-year).
- 2011: Revenue of $3.1M, expenses of $4.8M, and assets of $3.4M.
Data Sources and Methodology
This transparency report for Urban Assembly 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.