Unfcu Foundation INC EIN 47-1344867

Unfcu Foundation INC

EIN  47-1344867 Public charity (501(c)(3)) Long Island City, NY Founded 2014
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/14/26 · see original filing: IRS
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Size
$1–10M
What they do
Empowers women and youth through education, healthcare, and job training to fight poverty.
Leadership
Pamela K Agnone · Chairperson
Money in and out
$1.7M revenue, $1.5M expenses
Bottom line
88% program efficiency

Empowers women and youth through education, healthcare, and job training to fight poverty. For fiscal year 2025 it reported $1.7M in revenue, $1.5M in expenses, and $907K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$1.7M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$907K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $123K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.05 Fundraising $0.07
Program efficiency
88%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
7.2mo
months of highly liquid reserves at operating expense rate▼ -16% vs prior filing year
Surplus margin
+7%
revenue over expenses, this year▼ -58% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.7M
FY2025▲ +22%
Expenses
$1.5M
FY2025▲ +37%
Total assets
$944K
FY2025▲ +15%
Total liabilities
$37K
FY2025▲ +1%
Total revenue
$1.7M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$907K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$123K
Total assetsPt X · Ln 16$944K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $1.4M of program spending, described in the organization's own filed words · FY2025.
01

During 2025, the foundation received and reviewed 26 applications from organizations applying for funding. The foundation board approved 21 projects that aligned with its mission to sustain a path out of poverty through healthcare and education for women and youth. In december 2025, funds totaling $795,000 were distributed.

$1.4Mprogram expense
02

Livelihood Training

Global fund for widows is dedicated to empowering widows and female heads of households to overcome poverty through skills-based training, job creation, and micro-finance. GFW will support 125 widows to create five savings and loan associations to bring economic security to 1,400 individuals in kenya.

Pt IX · col B
03

Healthcare

Mount sinai adolescent health center (msahc) will provide integrated medical, sexual and reproductive health, and behavioral and mental health services utilizing a wellness and preventative approach. They will provide these much needed services to 50 adolescent girls between the ages of 10 to 26.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUnfcu Foundation INC
EINHdr · item D47-1344867
Principal addressHdr · item CLong Island City, NY
WebsiteHdr · item Junfcufoundation.org
Year of formationHdr · item L2014
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFMar 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$1.7M · 99%
Investment income$18K · 1%
Contributions & grants99%$1.7M
Investment income1%$18K
Total revenueLn 12$1.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.05 Fundraising $0.07
Program services88%$1.4M
Management & general5%$82K
Fundraising7%$106K
Total functional expensesLn 25$1.5M

Balance Sheet

Part X · end of year
CashLn 1$933K
Total assetsLn 16$944K
Total liabilitiesLn 26$37K
Total net assetsLn 32$907K
Months of cash on handcomputed7.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $933K · Operating expenses/yr $1.5M
7.2 months
Where the money goes
Program services
Program services $1.4M · Total expenses $1.5M
88%
Management & General
Management & general $82K · Total expenses $1.5M
5%
Fundraising
Fundraising $106K · Total expenses $1.5M
7%
Cost to raise $1
Fundraising expense (3-yr avg) $76K · Solicited contributions (3-yr avg) $1.3M
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.7M · Total revenue $1.7M
99%
Government reliance
Government grants — · Total revenue $1.7M
Earned-income share
Program service revenue $0 · Total revenue $1.7M
0%
Investment reliance
Investment income $18K · Total revenue $1.7M
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.5M
0%
Growth & trend
Revenue growth (YoY)
This year $1.7M · Prior year $1.4M
+22%
Revenue CAGR
FY2020 $692K · FY2025 $1.7M
+19%
Net-asset trend (YoY)
End of year $907K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.7M · Expenses $1.5M
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $944K
Net-asset ratio
Net assets $907K · Total assets $944K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $944K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Pamela K Agnone · Reported title CHAIRPERSON · Highest reported compensation $0 · Total expenses $1.5M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $1.5M
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 5%
Fundraising cost ratio 6%
Revenue growth 22%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$100
Grants paid · 112 grants · $4.8M · 2020–2025
United Nations Population FundNY · FY2025$90,000
Building Tomorrow INCIN · FY2025$90,000
Refushe INCIL · FY2025$85,000
Floating Hospital INCNY · FY2025$82,000
Together We BakeVA · FY2025$50,000
Mount Sinai HospitalNY · FY2025$50,000
MindleapsNY · FY2025$50,000
Imagine Her - IhCA · FY2025$50,000
Global Fund for Widows INCNY · FY2025$40,000
The YWCA of Brooklyn INCNY · FY2025$35,000
Hot Bread Kitchen LtdNY · FY2025$35,000
Village Enterprise Fund INCCA · FY2025$30,000
Sanctuary for Families INCNY · FY2025$30,000
See all 112 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.7M revenue · viewing · ⤓ 990 PDF
FY2024$1.4M revenue · ⤓ 990 PDF
FY2023$1.0M revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$692K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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