Ust Realty Company
Ust Realty Company consistently operates at a deficit, relying on assets while reporting zero officer compensation.
EIN: 205716703 · Houston, TX · NTEE: B114 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $14.6 |
| Net Assets | $13.8M |
| Transparency Score | 70/100 |
Is Ust Realty Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ust Realty Company directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ust Realty Company
Ust Realty Company (EIN: 205716703) is a nonprofit organization based in Houston, TX, classified under NTEE code B114. The organization reported total revenue of $2.4M and total assets of $14.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ust Realty Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ust Realty Company is a mid-size 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 -2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-398,229 |
| Total Assets | $15.2M |
| Total Liabilities | $1.4M |
| Net Assets | $13.8M |
| Operating Margin | -18.6% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 71.7 months |
Financial Health Grade: B
In 2023, Ust Realty Company reported a deficit of $398K with expenses exceeding revenue, holds 71.7 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ust Realty Company's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.2% | -8.3% | -0.1% |
| 2022 | +27.6% | +11.0% | +1.1% |
| 2021 | -80.1% | -29.9% | -4.8% |
| 2020 | +260.8% | +16.6% | -0.8% |
| 2019 | +2.0% | -39.6% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Ust Realty Company with a Mission Score of 70 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, Ust Realty Company 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 $398K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
Ust Realty Company consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its asset size ($14.6 million) and revenue, suggesting a volunteer leadership or compensation handled by a related 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 Ust Realty Company's IRS 990 filings:
- Consistent operational deficits (e.g., 2023 expenses $2.54M vs. revenue $2.14M)
- Gradual decline in total assets over the past decade (from $19.9M in 2014 to $15.2M in 2023)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult
Strengths
The following positive indicators were identified for Ust Realty Company:
- Consistent reporting of zero officer compensation, indicating efficient use of funds at the executive level or volunteer leadership.
- Substantial asset base ($14.6 million) provides financial stability despite operational deficits.
- Low liabilities relative to assets, indicating good solvency (e.g., $1.4M liabilities vs. $15.2M assets in 2023).
Frequently Asked Questions about Ust Realty Company
Is Ust Realty Company a legitimate charity?
Ust Realty Company (EIN: 205716703) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ust Realty Company spend its money?
Ust Realty Company directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ust Realty Company tax-deductible?
Ust Realty Company is registered as a tax-exempt nonprofit (EIN: 205716703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ust Realty Company CEO make?
Ust Realty Company's highest-compensated officer earns $14.6 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ust Realty Company's spending goes to programs?
Ust Realty Company directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ust Realty Company compare to similar nonprofits?
With a transparency score of 70/100 (Good), Ust Realty Company is above average for NTEE category B114 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ust Realty Company located?
Ust Realty Company is headquartered in Houston, Texas and files with the IRS under EIN 205716703. It is classified under NTEE code B114.
How many years of IRS 990 filings does Ust Realty Company have?
Ust Realty Company 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 $2.4M in total revenue.
Why does Ust Realty Company consistently report zero officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of its size and suggests that leadership may be entirely volunteer-based, or compensation is handled by a related parent organization, or through other non-officer roles.
What caused the significant revenue spike in 2020 to over $10 million?
The revenue jump to $10,844,152 in 2020 from typical $2-3 million levels is a notable anomaly. Further investigation into the 2020 filing would be needed to determine if this was due to a large one-time grant, asset sale, or a change in operational model.
How does Ust Realty Company cover its operational deficits?
With expenses frequently exceeding revenue (e.g., $2,544,807 expenses vs. $2,146,578 revenue in 2023), the organization appears to be covering its operational deficits by drawing down on its substantial assets, which have decreased from nearly $20 million in 2014 to $15.2 million in 2023.
What are the primary program activities of Ust Realty Company given its NTEE code?
Given its NTEE code B114 (Real Estate, Housing, and Community Development), Ust Realty Company likely engages in activities such as managing affordable housing, developing community properties, or holding real estate for other charitable purposes. The specific program details would require reviewing the full 990 forms.
Filing History
IRS 990 filing history for Ust Realty Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ust Realty Company's revenue has declined by 25.9%, moving from $2.9M to $2.1M. Total assets decreased by 22.7% over the same period, from $19.7M to $15.2M. Total functional expenses fell by 8.2%, from $2.8M to $2.5M. In its most recent filing year (2023), Ust Realty Company reported a deficit of $398K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $15.2M in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $13.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.5M | $15.2M | $1.4M | — | View 990 |
| 2022 | $2.8M | $2.8M | $15.2M | $1.0M | — | View 990 |
| 2021 | $2.2M | $2.5M | $15.1M | $835K | — | View 990 |
| 2020 | $10.8M | $3.6M | $15.8M | $1.2M | — | View 990 |
| 2019 | $3.0M | $3.1M | $15.9M | $8.7M | — | View 990 |
| 2018 | $2.9M | $5.1M | $16.7M | $9.4M | — | View 990 |
| 2017 | $2.5M | $3.1M | $18.2M | $8.7M | — | View 990 |
| 2016 | $3.1M | $2.4M | $18.9M | $8.9M | — | View 990 |
| 2015 | $2.8M | $2.8M | $18.5M | $9.2M | — | View 990 |
| 2014 | $2.8M | $2.6M | $20.0M | $10.6M | — | View 990 |
| 2013 | $2.8M | $2.4M | $19.9M | $10.8M | — | View 990 |
| 2012 | $2.9M | $2.6M | $19.8M | $11.0M | — | View 990 |
| 2011 | $2.9M | $2.8M | $19.7M | $11.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.5M, and assets of $15.2M (revenue -22.2% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.8M, and assets of $15.2M (revenue +27.6% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.5M, and assets of $15.1M (revenue -80.1% year-over-year).
- 2020: Revenue of $10.8M, expenses of $3.6M, and assets of $15.8M (revenue +260.8% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.1M, and assets of $15.9M (revenue +2.0% year-over-year).
- 2018: Revenue of $2.9M, expenses of $5.1M, and assets of $16.7M (revenue +15.6% year-over-year).
- 2017: Revenue of $2.5M, expenses of $3.1M, and assets of $18.2M (revenue -18.9% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.4M, and assets of $18.9M (revenue +13.7% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.8M, and assets of $18.5M (revenue -1.2% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.6M, and assets of $20.0M (revenue -0.1% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.4M, and assets of $19.9M (revenue -2.9% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.6M, and assets of $19.8M (revenue -0.3% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.8M, and assets of $19.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ust Realty Company:
Data Sources and Methodology
This transparency report for Ust Realty Company 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.