Unspoken Treasure Society Inc

Nonprofit profile at a glance

EIN
833553019
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2020
Location
Gainesville, FL, USA
Phone
3523770384
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$285,484
Expenses
$356,352
Assets
$123,631
Liabilities
$3,650

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

Leadership & pay

6 people listed

Executive titles in this filing

  • REGINA L LIVINGSTON (PRESIDENT)

Highest reported compensation

  • REGINA L LIVINGSTON (PRESIDENT): $82,214 total reported compensation

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

Overview

Mission

Our mission is to find solutions to the ever-growing needs of the Transgender community and to ensure every gender-non-conforming marginalized voice is equally understood

What it reported doing in 2024

Over 300 BIPOC TGNC people receive services from UTS. More than 250 access free HIV testing from the organization, over 60 individuals completed thePurpleOrchidPeer Specialist Training, 30+ youth attended our annual Hope 4 Tomorrow events, and we have 15 to 30 women participating in each Purple Orchid monthly gatherings. The needs of our community include HIV prevention and care free of stigma and discrimination, access to gender-affirming services, job training and placement, and trauma-informed support groups. LGBTQ+ Drop-In Center provides cellphone charging stations, laundry facilities, computers for job search, daily meals/ snacks and assistance with IDs, name change, GED and job training programs. This center allows participants to foster connections to other LGBTQ+ resources and healthcare. Separate area for LGBTQ teens (13-17) available after school hours and summer hours.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for member benefits.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 92
  • Accountability: 55
  • Sustainability: 17
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75%; rating input score 75
  • Program expense ratio: 60%; rating input score 60
  • Fundraising efficiency: $53.36 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 16th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -24.8%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.35; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 23.1%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 58.7% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 31.8% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 41.2% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 75% of revenue deployed · 60% of spending went to programs
  • Governance: 3 of 6 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $214K in reported program spending
  • Leadership: top reported pay $82K · 6 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Review — Accountability: Independent voting board scored 50/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.