Ulbc Trust Incorporated

Nonprofit profile at a glance

EIN
452060244
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Powell, OH, USA
Phone
7244690335
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$15,433
Expenses
$14,798
Assets
$2,348
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Matthew N Stares (Director / President)

People named in this filing

  • Gordon M Elliott (Director / Treasurer)
  • Matthew N Stares (Director / President)
  • David C Martinelli (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

The objectives of ULBC Trust Incorporated are: a) to advance education at the University of London by supporting and encouraging the University of London Boat Club and rowing clubs of the colleges affiliated to the University which form part of the education activities of the University; and b) To provide clothing, equipment, or other pecuniary assistance to student members of the University of London Boat Club for rowing competition.

What it reported doing in 2025

Training/competition expenses: Miscellaneous contributions were received from sixteen alumni and rower parents that were forwarded to the University of London Boat Club to pay for training/competition expenses

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. 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: 33
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.2%; rating input score 32
  • Program expense ratio: 33.6%; rating input score 34

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 4.1%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -7.9% per year; rating input score 0; 31st percentile among comparable filings
  • Revenue growth: -23.9% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 21.7% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 32.2% of revenue deployed · 33.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $5K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 34/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.