Ua3 Inc
Nonprofit profile at a glance
- EIN
- 474803090
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2018
- Location
- New York, NY, USA
- Phone
- 9176972842
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $2,795,302
- Expenses
- $2,755,202
- Assets
- $843,076
- Liabilities
- $320,243
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- ORESTES JACINTO (VICE PRESIDENT)
Highest reported compensation
- XINKAI HU (CFO): $11,538 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization advocates health, mental health, and the social well-being of underprivileged groups through community education and develops programs in developing affordable housing. Ua3 inc.'s goal is to channel resources into the communities it serves, with special emphasis to help underserved aspects of the communities. Founded with the slogan: "community first", our goal is to build up the community overall with a three-pronged approach by focusing on enhancing the quality of education in the community, ua3 inc. Hopes to prevent some of the issues that affect the community from continuing onto the next generation. Ua3 has undertaken the mission to provide adequate access to mental health services, and stem the cultural stigma related to seeking and benefitting from such services. Ua3 inc. Has sought to address the gap that lower wage earners face in finding meaningful work.
What it reported doing in 2024
Community first food pantry:- to provide fresh foods to New York city residents in-need through the community first food pantry. The organization founded a food pantry in response to the rapid growth of food insecurity and serves up to 5,500 people a week.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 78% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 90
- Accountability: 90
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.5%; rating input score 92
- Program expense ratio: 93.8%; rating input score 94
- Fundraising efficiency: $1,173.04 raised per $1 spent on fundraising; rating input score 98; 98th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.3%; rating input score 99; 38th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.4%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0.38; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0.4%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: 34.7% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 35.2% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 24.5% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 92.5% of revenue deployed · 93.8% of spending went to programs
- Governance: 9 of 9 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.6M in reported program spending
- Leadership: top reported pay $12K · 10 people listed
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 28/100.