Ussa Investment Fund
Ussa Investment Fund shows consistent asset growth and zero officer compensation over multiple years.
EIN: 203899237 · Park City, UT · NTEE: N68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.8M |
| Total Expenses | $2.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $78,475,990 |
| Net Assets | $67.0M |
| Transparency Score | 95/100 |
Is Ussa Investment Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ussa Investment Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ussa Investment Fund
Ussa Investment Fund (EIN: 203899237) is a nonprofit organization based in Park City, UT, classified under NTEE code N68. The organization reported total revenue of $23.8M and total assets of $78.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ussa Investment Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ussa Investment Fund is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$2.5M |
| Total Assets | $67.0M |
| Total Liabilities | $11K |
| Net Assets | $67.0M |
| Operating Margin | 49.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 313.7 months |
Financial Health Grade: A
In 2023, Ussa Investment Fund reported a surplus of $2.5M with revenue exceeding expenses, holds 313.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ussa Investment Fund's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.6% | +12.6% | +4.0% |
| 2022 | -8.9% | -1.4% | +3.6% |
| 2021 | +13.2% | +23.8% | +30.0% |
| 2020 | +50.4% | +0.4% | +2.0% |
| 2019 | -22.9% | -2.3% | +9.4% |
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 Ussa Investment Fund 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Ussa Investment Fund allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $2.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with assets reaching $78,475,990 and annual revenues in the millions, suggesting either a fully volunteer-led executive team or compensation being covered by an affiliated entity.
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 Ussa Investment Fund's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary data
- Unusually low liabilities relative to assets, especially in earlier years, which could indicate a specific investment fund structure rather than a traditional operating charity
Strengths
The following positive indicators were identified for Ussa Investment Fund:
- Consistent asset growth, from $46,955,341 in 2019 to $66,994,026 in 2023.
- Zero reported officer compensation across all available filings, indicating high efficiency in executive costs.
- Expenses consistently well below revenue in recent years (e.g., $2,562,952 expenses vs. $5,055,416 revenue in 2023).
- Long history of IRS 990 filings (13 filings), demonstrating consistent compliance and transparency.
- Healthy financial reserves with assets significantly exceeding liabilities.
Frequently Asked Questions about Ussa Investment Fund
Is Ussa Investment Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Ussa Investment Fund (EIN: 203899237) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Ussa Investment Fund spend its money?
Ussa Investment Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ussa Investment Fund tax-deductible?
Ussa Investment Fund is registered as a tax-exempt nonprofit (EIN: 203899237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ussa Investment Fund CEO make?
Ussa Investment Fund's highest-compensated officer earns $78,475,990 annually. The organization reported $23.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ussa Investment Fund's spending goes to programs?
Ussa Investment Fund directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ussa Investment Fund compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Ussa Investment Fund is above average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ussa Investment Fund located?
Ussa Investment Fund is headquartered in Park City, Utah and files with the IRS under EIN 203899237. It is classified under NTEE code N68.
How many years of IRS 990 filings does Ussa Investment Fund have?
Ussa Investment Fund 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 $23.8M in total revenue.
Is Ussa Investment Fund a good charity?
Based on the provided data, Ussa Investment Fund appears to be a financially healthy and well-managed organization. Its consistent asset growth, low expenses relative to revenue, and zero reported officer compensation are strong positive indicators.
How has Ussa Investment Fund's financial health changed over time?
The organization's financial health has significantly improved, with assets growing from $34,869,289 in 2016 to $66,994,026 in 2023. Revenue has also shown a general upward trend, and expenses have remained well-controlled relative to income in recent years.
What is the significance of 0% officer compensation?
Zero officer compensation is a strong indicator of the organization's commitment to directing all funds towards its mission. It suggests either a volunteer executive leadership or that executive salaries are covered by a related entity, which would warrant further investigation for complete transparency.
Filing History
IRS 990 filing history for Ussa Investment Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ussa Investment Fund's revenue has grown by 120.5%, moving from $2.3M to $5.1M. Total assets increased by 71.3% over the same period, from $39.1M to $67.0M. Total functional expenses rose by 46.5%, from $1.7M to $2.6M. In its most recent filing year (2023), Ussa Investment Fund reported a surplus of $2.5M, with revenue exceeding expenses. The organization holds $11K in liabilities against $67.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $67.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $2.6M | $67.0M | $11K | — | View 990 |
| 2022 | $5.4M | $2.3M | $64.4M | $7K | — | View 990 |
| 2021 | $5.9M | $2.3M | $62.2M | $5K | — | View 990 |
| 2020 | $5.3M | $1.9M | $47.9M | $0 | — | View 990 |
| 2019 | $3.5M | $1.9M | $47.0M | $0 | — | View 990 |
| 2018 | $4.5M | $1.9M | $42.9M | $28K | — | View 990 |
| 2017 | $2.1M | $2.0M | $37.7M | $14K | — | View 990 |
| 2016 | $736K | $6.4M | $34.9M | $14K | — | View 990 |
| 2015 | $1.9M | $2.7M | $41.6M | $12K | — | View 990 |
| 2014 | $3.2M | $2.1M | $40.5M | $10K | — | View 990 |
| 2013 | $1.1M | $2.3M | $37.8M | $352K | — | View 990 |
| 2012 | $2.5M | $4.3M | $36.6M | $523K | — | View 990 |
| 2011 | $2.3M | $1.7M | $39.1M | $624K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $2.6M, and assets of $67.0M (revenue -6.6% year-over-year).
- 2022: Revenue of $5.4M, expenses of $2.3M, and assets of $64.4M (revenue -8.9% year-over-year).
- 2021: Revenue of $5.9M, expenses of $2.3M, and assets of $62.2M (revenue +13.2% year-over-year).
- 2020: Revenue of $5.3M, expenses of $1.9M, and assets of $47.9M (revenue +50.4% year-over-year).
- 2019: Revenue of $3.5M, expenses of $1.9M, and assets of $47.0M (revenue -22.9% year-over-year).
- 2018: Revenue of $4.5M, expenses of $1.9M, and assets of $42.9M (revenue +117.8% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.0M, and assets of $37.7M (revenue +182.6% year-over-year).
- 2016: Revenue of $736K, expenses of $6.4M, and assets of $34.9M (revenue -60.6% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.7M, and assets of $41.6M (revenue -42.3% year-over-year).
- 2014: Revenue of $3.2M, expenses of $2.1M, and assets of $40.5M (revenue +199.3% year-over-year).
- 2013: Revenue of $1.1M, expenses of $2.3M, and assets of $37.8M (revenue -57.1% year-over-year).
- 2012: Revenue of $2.5M, expenses of $4.3M, and assets of $36.6M (revenue +10.1% year-over-year).
- 2011: Revenue of $2.3M, expenses of $1.7M, and assets of $39.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ussa Investment Fund:
Data Sources and Methodology
This transparency report for Ussa Investment Fund 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.