U Foundation
Only null% goes to programs Strong reserves Growing revenue
U Foundation is a 501(c)(3) organization based in Friendswood, Texas, registered in 2020, with $127,306 in FY2024 revenue. CharityIndex grades it C+.
10b Wilderness Trl, Friendswood, TX, 77546 EIN 84-3399591 Since 2020
Revenue (FY2024)
$127K
▼ 95.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$55K
Net assets
$4.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for U Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating875 mo reserves · +57% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For U Foundation: 875 mo reserves · +57% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for U Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For U Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 10b Wilderness Trl, Friendswood, TX, 77546
- City
- Friendswood
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $5,000 (FY2019) to $127K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.0M
Operating margin
56.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0M
Total liabilities
$0
Net assets
$4.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $127,306▼95.8% | $55,001▼21.0% | $4,010,245▲1.8% | $4,010,245▲1.8% | 990PF |
| 2023 | $3,030,450▲25676% | $69,605▲108% | $3,937,940▲303% | $3,937,940▲303% | 990PF |
| 2022 | $11,757▲944% | $33,385▲39.7% | $977,095▼2.2% | $977,095▼2.2% | 990PF |
| 2021 | $1,126▼99.9% | $23,892▼58.6% | $998,723▼2.2% | $998,723▼2.2% | 990PF |
| 2020 | $1,075,007▲21400% | $57,768▲7602% | $1,021,489▲23935% | $1,021,489▲23935% | 990PF |
| 2019 | $5,000 | $750 | $4,250 | $4,250 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Similar organizations in Philanthropy
Compare U Foundation
Frequently asked questions
- Is U Foundation a legitimate nonprofit?
- Yes. U Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-3399591, based in Friendswood, Texas. Donations are tax-deductible.
- What is U Foundation's EIN?
- U Foundation's Employer Identification Number (EIN) is 84-3399591.
- How much revenue does U Foundation report?
- U Foundation reported $127,306 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does U Foundation have?
- CharityIndex grades U Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Friendswood
Explore more
Data for U Foundation (EIN 84-3399591) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.