Utah Three Link Ioof Inc
Utah Three Link Ioof Inc. shows declining assets and consistent liabilities exceeding assets over five years, with a recent report of zero revenue and assets.
EIN: 204873323 · Midvale, UT · Updated: 2026-03-28
Is Utah Three Link Ioof Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Utah Three Link Ioof Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Utah Three Link Ioof Inc
Utah Three Link Ioof Inc (EIN: 204873323) is a nonprofit organization based in Midvale, UT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utah Three Link Ioof Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Utah Three Link Ioof Inc with a Mission Score of 45 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Utah Three Link Ioof Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No officer compensation was reported across all five years of filings, suggesting either a volunteer executive leadership or that compensation is categorized differently, which limits transparency regarding leadership costs.
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 Utah Three Link Ioof Inc's IRS 990 filings:
- Consistent liabilities exceeding assets across multiple years (e.g., $3,524,033 liabilities vs. $3,101,018 assets in 2016).
- Declining asset base from $3,511,260 in 2012 to $3,101,018 in 2016.
- Latest filing shows $0 revenue and $0 assets, a drastic change from previous years, raising questions about current operational status.
- Expenses frequently close to or exceeding revenue, indicating tight operating margins and limited reserve building (e.g., 2015 expenses $1,201,338 vs. revenue $1,162,138).
Strengths
The following positive indicators were identified for Utah Three Link Ioof Inc:
- Consistent revenue generation over $1.1 million annually from 2012-2016.
- No reported officer compensation, potentially indicating a highly volunteer-driven leadership or efficient use of funds not directed to executive salaries.
Frequently Asked Questions about Utah Three Link Ioof Inc
Is Utah Three Link Ioof Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Utah Three Link Ioof Inc (EIN: 204873323) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Utah Three Link Ioof Inc spend its money?
Utah Three Link Ioof Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Utah Three Link Ioof Inc tax-deductible?
Utah Three Link Ioof Inc is registered as a tax-exempt nonprofit (EIN: 204873323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the sudden drop to $0 in revenue and assets in the latest reporting period?
The provided data shows a significant shift from over $1 million in revenue and assets in previous years to $0 in the latest period. This could indicate a cessation of operations, a change in reporting, or an error, and requires further investigation into the specific filing.
Why do liabilities consistently exceed assets, and what is the plan to address this long-term solvency issue?
From 2012 to 2016, liabilities consistently outweighed assets (e.g., $3,524,033 liabilities vs. $3,101,018 assets in 2016), indicating a potential solvency risk. The organization should clarify its strategy for managing this financial structure.
Is the organization primarily volunteer-run, given the 0% officer compensation reported?
The consistent reporting of 0% officer compensation across multiple years suggests that executive leadership may be unpaid or compensated through non-officer roles, which impacts understanding of administrative overhead.
What are the detailed breakdowns of program, administrative, and fundraising expenses?
Without a detailed breakdown of expenses, it's challenging to fully assess the organization's spending efficiency and how much of its budget directly supports its mission.
Filing History
IRS 990 filing history for Utah Three Link Ioof Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2016), Utah Three Link Ioof Inc's revenue has grown by 5.7%, moving from $1.1M to $1.2M. Total assets decreased by 11.7% over the same period, from $3.5M to $3.1M. Total functional expenses fell by 1.6%, from $1.2M to $1.1M. In its most recent filing year (2016), Utah Three Link Ioof Inc reported a surplus of $71K, with revenue exceeding expenses. The organization holds $3.5M in liabilities against $3.1M in assets (debt-to-asset ratio: 113.6%), resulting in net assets of $-423,015.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2016 | $1.2M | $1.1M | $3.1M | $3.5M | — | View 990 |
| 2015 | $1.2M | $1.2M | $3.1M | $3.6M | — | View 990 |
| 2014 | $1.1M | $1.2M | $3.2M | $3.7M | — | View 990 |
| 2013 | $1.1M | $1.2M | $3.3M | $3.7M | — | View 990 |
| 2012 | $1.1M | $1.2M | $3.5M | $3.8M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $3.1M (revenue +4.4% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $3.1M (revenue +1.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.2M, and assets of $3.2M (revenue +0.4% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.2M, and assets of $3.3M (revenue -0.9% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $3.5M.
Data Sources and Methodology
This transparency report for Utah Three Link Ioof 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.