Usbg National Charity Foundation
EIN: 461309986 · Henderson, NV · NTEE: P12
| Metric | Value |
|---|---|
| Total Revenue | $227K |
| Total Expenses | $651K |
| Net Assets | $43K |
Is Usbg National Charity Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Usbg National Charity Foundation
Usbg National Charity Foundation (EIN: 461309986) is a nonprofit organization based in Henderson, NV, classified under NTEE code P12. The organization reported total revenue of $227K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Usbg National Charity Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Usbg National Charity Foundation is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $651K |
| Surplus / Deficit | $-413,104 |
| Total Assets | $63K |
| Total Liabilities | $20K |
| Net Assets | $43K |
| Operating Margin | -173.8% |
| Debt-to-Asset Ratio | 31.9% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2023, Usbg National Charity Foundation reported a deficit of $413K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 31.9% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.7% | -12.7% | -88.2% |
| 2022 | -47.8% | -12.3% | -40.6% |
| 2021 | -93.7% | -91.8% | -14.0% |
| 2020 | +3996.4% | +2004.7% | +311.2% |
| 2019 | -22.4% | +116.5% | -26.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Usbg National Charity Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Usbg National Charity Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $413K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.9%.
Frequently Asked Questions about Usbg National Charity Foundation
Is Usbg National Charity Foundation a legitimate charity?
Usbg National Charity Foundation (EIN: 461309986) is a registered tax-exempt nonprofit based in Nevada. It has 11 years of IRS 990 filings on record. Total revenue: $227K. No red flags identified. Financial health grade: C.
How does Usbg National Charity Foundation spend its money?
Usbg National Charity Foundation reported $227K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Usbg National Charity Foundation tax-deductible?
Usbg National Charity Foundation is registered as a tax-exempt nonprofit (EIN: 461309986). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Usbg National Charity Foundation located?
Usbg National Charity Foundation is headquartered in Henderson, Nevada and files with the IRS under EIN 461309986. It is classified under NTEE code P12.
How many years of IRS 990 filings does Usbg National Charity Foundation have?
Usbg National Charity Foundation has 11 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 $227K in total revenue.
Filing History
IRS 990 filing history for Usbg National Charity Foundation showing financial trends over 11 years of public records:
Total assets increased by 6341400% over the same period, from $1 to $63K. In its most recent filing year (2023), Usbg National Charity Foundation reported a deficit of $413K, with expenses exceeding revenue. The organization holds $20K in liabilities against $63K in assets (debt-to-asset ratio: 31.9%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $651K | $63K | $20K | — | — |
| 2022 | $370K | $746K | $538K | $82K | — | View 990 |
| 2021 | $709K | $850K | $906K | $73K | — | View 990 |
| 2020 | $11.3M | $10.4M | $1.1M | $79K | — | — |
| 2019 | $276K | $495K | $256K | $145K | — | View 990 |
| 2018 | $355K | $228K | $347K | $17K | — | View 990 |
| 2017 | $303K | $212K | $217K | $13K | — | View 990 |
| 2016 | $127K | $84K | $123K | $10K | — | View 990 |
| 2015 | $21K | $17K | $20K | $16K | — | View 990 |
| 2013 | $21K | $17K | $20K | $16K | — | View 990 |
| 2012 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $651K, and assets of $63K (revenue -35.7% year-over-year).
- 2022: Revenue of $370K, expenses of $746K, and assets of $538K (revenue -47.8% year-over-year).
- 2021: Revenue of $709K, expenses of $850K, and assets of $906K (revenue -93.7% year-over-year).
- 2020: Revenue of $11.3M, expenses of $10.4M, and assets of $1.1M (revenue +3996.4% year-over-year).
- 2019: Revenue of $276K, expenses of $495K, and assets of $256K (revenue -22.4% year-over-year).
- 2018: Revenue of $355K, expenses of $228K, and assets of $347K (revenue +17.2% year-over-year).
- 2017: Revenue of $303K, expenses of $212K, and assets of $217K (revenue +138.6% year-over-year).
- 2016: Revenue of $127K, expenses of $84K, and assets of $123K (revenue +495.0% year-over-year).
- 2015: Revenue of $21K, expenses of $17K, and assets of $20K (revenue +0.0% year-over-year).
- 2013: Revenue of $21K, expenses of $17K, and assets of $20K.
- 2012: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Usbg National Charity Foundation:
Data Sources and Methodology
This transparency report for Usbg National Charity 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.