Unclaimed Property Professionals Organization Inc

Nonprofit profile at a glance

EIN
760397607
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
St Louis Park, MN, USA
Phone
7632534340
Rating confidence
Limited

Official website

Reported finances

Revenue
$1,217,583
Expenses
$1,069,560
Assets
$1,261,551
Liabilities
$228,313

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JENNIFER WARYJAS (IMMEDIATE PAST PRESIDENT)
  • FREDA PEPPER (PRESIDENT)
  • WILL KING (VICE PRESIDENT)
  • SHANNON WILD (EXECUTIVE DIRECTOR)

People named in this filing

  • JENNIFER WARYJAS (IMMEDIATE PAST PRESIDENT)
  • FREDA PEPPER (PRESIDENT)
  • WILL KING (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The unclaimed property professionals organization (uppo) is a not-for-profit organization that is the premier resource for unclaimed property information, education, networking and advocacy for the private sector. The vision of uppo is to be the leader in unclaimed property compliance and reform.

What it reported doing in 2024

Education: uppo offers educational events for both members and non-members. Its main educational events include webinars and the annual conference with membership business meeting.annual conference: uppo has conducted an annual conference which is typically a three-day educational event that provides in-depth education and training for unclaimed property professionals. In addition, there is also an exhibitor area. The fiscal year 2024-2025 annual conference was held in tucson, Arizona and reported income of $816,484 and expenses of $467,993. There are tracks based on level of experience; basic, intermediate and advanced. Some of the topics include:-unclaimed property basics-legislative and legal update-the abc's of audits-unclaimed property reform-policies and procedures-contact basics-asset recovery-audit basics-holders' rights-mergers, acquisitions and divestitures-electronic reportingcertificate program: this program is designed for unclaimed property practitioners to complete nine online courses and to attend several sessions at the annual conference, passing a test after completing each section. Upon successful completion indicating they have mastered the basics of unclaimed property compliance. Participation was limited to allow uppo to monitor the program and make any adjustments necessary. The program provided net income of $15,467.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 58
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 12.2%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 1.18; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.7% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 11 of 11 board members independent · 7 of 7 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 13 filing years from 2010 to 2024
  • 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 — Sustainability: Total-asset coverage ratio scored 48/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.