Utilization Technology Development Nfp

Utilization Technology Development Nfp shows consistent asset growth and no reported officer compensation over a decade of operations.

EIN: 200923687 · Des Plaines, IL · NTEE: S41 · Updated: 2026-03-28

$6.4MRevenue
$9.3MAssets
92/100Mission Score (Excellent)
S41
Utilization Technology Development Nfp Financial Summary
MetricValue
Total Revenue$6.4M
Total Expenses$6.4M
Program Spending90%
CEO/Top Officer Pay$6
Net Assets$4.9M
Transparency Score92/100

Is Utilization Technology Development Nfp Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Utilization Technology Development Nfp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Utilization Technology Development Nfp

Utilization Technology Development Nfp (EIN: 200923687) is a nonprofit organization based in Des Plaines, IL, classified under NTEE code S41. The organization reported total revenue of $6.4M and total assets of $9.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utilization Technology Development Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

Utilization Technology Development Nfp is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.6%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$6.8M
Total Expenses$6.4M
Surplus / Deficit+$436K
Total Assets$8.4M
Total Liabilities$3.5M
Net Assets$4.9M
Operating Margin6.4%
Debt-to-Asset Ratio41.5%
Months of Reserves15.8 months

Financial Health Grade: A

In 2024, Utilization Technology Development Nfp reported a surplus of $436K with revenue exceeding expenses, holds 15.8 months of operating reserves (strong position), has a debt-to-asset ratio of 41.5% (moderate leverage).

Financial Trends

Over 14 years of filings (2011–2024), Utilization Technology Development Nfp's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.

YearRevenue ChangeExpense ChangeAsset Change
2024+50.5%+12.7%+-0.0%
2023-44.3%-5.4%+6.3%
2022+17.5%-8.2%+18.8%
2021+17.9%+8.8%-6.4%
2020-4.7%+8.9%-4.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Utilization Technology Development Nfp demonstrates generally sound financial health, with consistent revenue generation over the past decade, averaging around $5.5 million annually. The organization has shown a positive trend in asset growth, increasing from $3.9 million in 2016 to $8.4 million in 2024, indicating good financial stewardship. While there have been periods where expenses exceeded revenue, such as in 2023 ($5,661,030 expenses vs. $4,528,487 revenue) and 2020 ($5,992,585 expenses vs. $5,861,545 revenue), the overall trend shows a healthy operating margin, particularly in the most recent filing where revenue significantly outpaced expenses ($6,816,482 revenue vs. $6,380,688 expenses). This suggests effective management of resources. The organization's spending efficiency appears strong, especially given the consistent reporting of 0% officer compensation across all available filings. This indicates that a very high proportion of funds are likely directed towards program services and operational costs rather than executive salaries, which is a positive indicator for donors. The absence of reported officer compensation also suggests a high degree of transparency regarding how funds are allocated, as it implies either a volunteer-led executive structure or that executive compensation is embedded within other expense categories, which would warrant further investigation for complete clarity. However, based on the available data, the financial health and spending efficiency are commendable. Transparency is further bolstered by the consistent filing of IRS Form 990s over 14 periods, providing a comprehensive historical financial record. The consistent growth in assets alongside fluctuating but generally well-managed expenses points to a stable and responsibly managed organization. The low liability-to-asset ratio in recent years (e.g., $3,496,183 liabilities against $8,420,481 assets in 2024) also suggests a healthy balance sheet and low financial risk.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Utilization Technology Development Nfp with a Mission Score of 92 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

According to IRS 990 filings, Utilization Technology Development Nfp 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 (2024)

From the most recent IRS 990 filing on record:

$6.8MTotal Revenue
$6.4MTotal Expenses
$8.4MTotal Assets
$3.5MTotal Liabilities
$4.9MNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 14 available filings, which is highly unusual for an organization with annual revenues exceeding $6 million. This suggests either a completely volunteer-led executive team or that executive compensation is not separately disclosed as officer compensation, warranting further inquiry for full transparency.

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 Utilization Technology Development Nfp's IRS 990 filings:

Strengths

The following positive indicators were identified for Utilization Technology Development Nfp:

Frequently Asked Questions about Utilization Technology Development Nfp

Is Utilization Technology Development Nfp a legitimate charity?

Utilization Technology Development Nfp (EIN: 200923687) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $6.4M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Utilization Technology Development Nfp spend its money?

Utilization Technology Development Nfp directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Utilization Technology Development Nfp tax-deductible?

Utilization Technology Development Nfp is registered as a tax-exempt nonprofit (EIN: 200923687). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Utilization Technology Development Nfp CEO make?

Utilization Technology Development Nfp's highest-compensated officer earns $6 annually. The organization reported $6.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Utilization Technology Development Nfp's spending goes to programs?

Utilization Technology Development Nfp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Utilization Technology Development Nfp compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Utilization Technology Development Nfp is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Utilization Technology Development Nfp located?

Utilization Technology Development Nfp is headquartered in Des Plaines, Illinois and files with the IRS under EIN 200923687. It is classified under NTEE code S41.

How many years of IRS 990 filings does Utilization Technology Development Nfp have?

Utilization Technology Development Nfp has 14 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 $6.4M in total revenue.

Is Utilization Technology Development Nfp a good charity?

Based on the available IRS 990 data, Utilization Technology Development Nfp appears to be a financially healthy and efficient charity. It demonstrates consistent asset growth, generally manages expenses well relative to revenue, and notably reports 0% officer compensation, suggesting a strong focus on program delivery and low administrative overhead.

How has the organization's financial health changed over time?

The organization's financial health has generally improved over time, with assets growing from $3.9 million in 2016 to $8.4 million in 2024. While revenue and expenses fluctuate, the organization has maintained a strong asset base and often operates with a surplus, as seen in the 2024 filing where revenue exceeded expenses by over $400,000.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation is highly significant. It implies that either the organization's executive leadership is entirely volunteer-based, or that any compensation for executives is categorized differently within the financial statements (e.g., as general salaries or program expenses) rather than being disclosed as officer compensation. This practice, while potentially indicating efficiency, could also obscure executive pay if not further clarified.

Filing History

IRS 990 filing history for Utilization Technology Development Nfp showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Utilization Technology Development Nfp's revenue has grown by 79.9%, moving from $3.8M to $6.8M. Total assets increased by 84.2% over the same period, from $4.6M to $8.4M. Total functional expenses rose by 90.5%, from $3.3M to $6.4M. In its most recent filing year (2024), Utilization Technology Development Nfp reported a surplus of $436K, with revenue exceeding expenses. The organization holds $3.5M in liabilities against $8.4M in assets (debt-to-asset ratio: 41.5%), resulting in net assets of $4.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $6.8M $6.4M $8.4M $3.5M View 990
2023 $4.5M $5.7M $8.4M $3.9M View 990
2022 $8.1M $6.0M $7.9M $2.3M View 990
2021 $6.9M $6.5M $6.7M $3.2M View 990
2020 $5.9M $6.0M $7.1M $4.0M View 990
2019 $6.2M $5.5M $7.5M $4.3M View 990
2018 $4.6M $4.1M $6.3M $3.7M View 990
2017 $4.4M $3.5M $5.4M $3.4M View 990
2016 $4.0M $4.3M $4.0M $2.9M View 990
2015 $4.4M $4.5M $4.1M $2.7M View 990
2014 $4.2M $4.4M $4.0M $2.4M View 990
2013 $4.2M $5.1M $5.3M $3.4M View 990
2012 $4.6M $3.9M $6.8M $4.2M View 990
2011 $3.8M $3.3M $4.6M $2.7M View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Utilization Technology Development Nfp:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Utilization Technology Development Nfp 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.

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