Unity Foundation
Overview
Mission
Unity Foundation is a supporting organization for two public charities. In addition, Unity Foundation supports youth, education, environment, arts and community development activities, services and programs.
What it reported doing in 2024
Unity Foundation supports youth, educational, environmental, arts and community development programs, activities and services of its supported organizations and other nonprofits. The Foundation enables nonprofits to fulfill their missions by providing grants, technical assistance, education and convenings.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 49% for direct work, and 51% for grants.
Nonprofit profile at a glance
- EIN
- 010536785
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-T 2024
- Headquarters
- Unity, ME, USA
- Phone
- 2079486489
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 74
- Sustainability: 14
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 75.6%; rating input score 76
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 3rd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -411.4%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.61; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 34.8%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.4% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: -20.9% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 75.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $295K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 7 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
4 people listed
Source: IRS Form 990-EZ. Selected filing: FY2024.