UBI Charitable Inc (EIN 844621271) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

Chris Clark

Phone

4154217555

Tax Period

2023-01-01 to 2023-12-31

UBI Charitable Inc, founded in 2020, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 859% from the prior year, signaling strong growth momentum. Expenses of $4.7M exceeded revenue, resulting in a 374% operating deficit.

Mission

UBI Charitable supports initiatives aimed at offsetting the societal impacts of technological advances in various fields, and distributing the benefits of such technology more equitably.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,000,000

Program Service Revenue $0

Investment Income $35

Other Revenue $0

TOTAL REVENUE $1,000,035

Expense Breakdown

Grants Paid $4,660,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,708,927

Other Expenses $77,391

TOTAL EXPENSES $4,737,891

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,000,035	$104,327	+8.6%
Expenses	$4,737,891	$13,232,359	-0.6%
Net Income	$-3,737,856	$-13,128,032	-0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Clark	President/Treas	5.00	Officer Director	$0	$0	$0
Jacob Trefethen	Secretary	2.00	Officer Director	$0	$0	$0
Alex Nawar	Director	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,000,035	$4,737,891	$250,229	$-3,737,856
2022	$104,327	$13,232,359	$1,693,258	$-13,128,032
2021	$5,325,126	$13,209,025	$14,817,690	$-7,883,899
2020	$26,027,442	$3,325,853	$22,701,589	$22,701,589

UBI Charitable Inc