UCT Hopefuls
Legal name: Uct Hopefuls Inc
Nonprofit profile at a glance
- EIN
- 843469449
- IRS 990-EZ coverage
- 2020–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Yarmouthport, MA, USA
- Phone
- 7745215698
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $10,916
- Expenses
- $2,350
- Assets
- $33,422
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- MICHAEL R GRILLO (PRES/TREAS/C)
- AMANDINO VINVENT CORREIA (DIRECTOR)
- THOMAS W HARVEY (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide support and resources to individuals and families in need, fostering hope and positive change in the community.
What it reported doing in 2025
The mission of uct hopefuls is to provide scholarships top graduating high schoolers who wish to continue the plumbing trade in a vocational technical college. Uct hopefuls also provides scholarships to graduates who have been in the plumbing trade workforce and decide to reenter continuing education classes to earn either a journeyman or masters license.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 27
- Transparency & Controls: 100
- Sustainability: 80
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.8%; rating input score 17
- Program expense ratio: 42.6%; rating input score 43
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 78.5%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 14.22; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -3.6% per year; rating input score 0; 39th percentile among comparable filings
- Revenue growth: -34.7% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 48th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 16.8% of revenue deployed · 42.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $1K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 17/100.
- Moderate — Financial Efficiency: Program expense ratio scored 43/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.