UGK Community First Corp

EIN: 850897310 501(c)(3) Food, Agriculture & Nutrition

RICHMOND, VA

Total Revenue
$1,553,939
Total Expenses
$1,680,729
Total Assets
$154,477
Net Assets
$-479,222
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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
VA
Principal Officer
MICHEAL SPARKS
Phone
8042459376
Tax Period
2025-01-01 to 2025-12-31

UGK Community First Corp, founded in 2020, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.6M in total revenue in fiscal year 2025. Revenue surged 59% from the prior year, signaling strong growth momentum.

Mission

UGK Community First provides a consistent source of nutritious and healthy chef prepared meals to food insecure families who live in underserved communities as well as those who find themselves in food insecure situations due to environmental or societal events.

Program Service Accomplishments

Program 1
Expenses: $1,344,775

UGK Community First provides a consistent source of nutritious and healthy chef prepared meals to food insecure families who live in underserved communities as well as those who find themselves in...

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UGK Community First provides a consistent source of nutritious and healthy chef prepared meals to food insecure families who live in underserved communities as well as those who find themselves in food insecure situations due to environmental or societal events. UGK has the assistance of 200+ volunteers, we serve 30,000 meals in the Richmond Metro and Petersburg City through direct home deliveries and non-profit partner food distributions.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $704,855
Program Service Revenue $847,687
Investment Income $1,397
Other Revenue $0
TOTAL REVENUE $1,553,939

Expense Breakdown

Grants Paid $0
Salaries & Benefits $996,027
Fundraising Expenses $159,342
Program Expenses $1,344,775
Other Expenses $684,702
TOTAL EXPENSES $1,680,729

Year-over-Year Comparison

2025 2024 Change
Revenue $1,553,939 $978,910 +0.6%
Expenses $1,680,729 $795,667 +1.1%
Net Income $-126,790 $183,243 -1.7%
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
36
Volunteers
200

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
3
$0
Total Directors
2
$144,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHEAL SPARKS Director 40.00
Director
$74,500 $0 $74,500
NANCY KOIDE Executive Dir. 40.00
Director
$70,000 $0 $70,000
Paula H McCapes President 5.00
Officer
$0 $0 $0
Valerie Cassel Oliver Secretary 5.00
Officer
$0 $0 $0
Peggy Nelson Treasurer 5.00
Officer
$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
2025 $1,553,939 $1,680,729 $154,477 $-126,790
2024 $978,910 $795,667 $104,918 $183,243
2023 $409,272 $352,207 $8,858 $57,065
2022 $27,052 $142,165 $-3,857 $-115,113
2021 $86,384 $257,396 $742 $-171,012
2020 $300,268 $344,053 $8,660 $-43,785
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