UA Legacy Fund Inc

EIN: 854171510 501(c)(3) Community Improvement

East Hartford, CT

Total Revenue
$77,493
Total Expenses
$146,988
Total Assets
$2,231,686
Net Assets
$1,986,776
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CT
Principal Officer
Joel Cruz
Phone
8609867724
Tax Period
2025-01-01 to 2025-12-31

UA Legacy Fund Inc, founded in 2021, is a micro nonprofit in the Community Improvement sector that reported $77K in total revenue in fiscal year 2025. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $147K exceeded revenue, resulting in a 90% operating deficit.

Mission

To act for the benefit of, to perform the functions of, to carry out the purposes of Urban Alliance, Inc., a Connecticut nonstock corporation that has been recognized as a public charity as exempt under section 501(C)(3) of the Internal Revenue Code.

Program Service Accomplishments

Program 1
Expenses: $120,000

To provide grants to Urban Alliance, Inc. to support its operations and activities which includes providing human service programs for the underprivileged and programs to provide financial support...

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To provide grants to Urban Alliance, Inc. to support its operations and activities which includes providing human service programs for the underprivileged and programs to provide financial support and guidance to various ministries, churches and missions that minister to the underprivileged.

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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 $0
Program Service Revenue $0
Investment Income $77,493
Other Revenue $0
TOTAL REVENUE $77,493

Expense Breakdown

Grants Paid $120,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $120,000
Other Expenses $26,988
TOTAL EXPENSES $146,988

Year-over-Year Comparison

2025 2024 Change
Revenue $77,493 $58,784 +0.3%
Expenses $146,988 $145,259 +0.0%
Net Income $-69,495 $-86,475 -0.2%
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

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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
6
Independent Members
6
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Doug Casey Board Chairperson 1.00
Officer Director
$0 $0 $0
Anne Silk Board Treasurer 1.00
Officer Director
$0 $0 $0
Randy McHugh Board Secretary 1.00
Officer Director
$0 $0 $0
Michael Bailey Member 1.00
Director
$0 $0 $0
Samantha Holland Member 1.00
Director
$0 $0 $0
Yessenia Guzman Member 1.00
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
2025 $77,493 $146,988 $2,231,686 $-69,495
2024 No data No data No data No data
2023 $25,045 $142,429 $1,851,384 $-117,384
2022 $2,019,277 $136,330 $1,677,732 $1,882,947
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