Unquowa School Association Inc is located in Fairfield, CT. The organization was established in 1935. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Unquowa School Association Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unquowa School Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Unquowa School Association Inc generated $6.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $6.5m during the year ending 06/2023. While expenses have increased by 2.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE UNQUOWA SCHOOL IS A CO-ED PRE K-8TH GRADE SCHOOL THAT TEACHES A TRADITIONAL ACADEMIC CURRICULUM, WITH A PROGRESSIVE APPROACH THAT FOSTERS ARTISTIC CREATIVITY, LEADERSHIP AND ENGENDERS POSITIVE ETHICAL VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTIONAL EXPENSES INCURRED TO ENHANCE THE EDUCATION OF APROXIMATELY 160 STUDENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Panagos President | OfficerTrustee | 5 | $0 |
Paul Greenberg Vice President | OfficerTrustee | 5 | $0 |
Karl Martone Treasurer | OfficerTrustee | 5 | $0 |
Stephen Jones Secretary | OfficerTrustee | 5 | $0 |
Athena Adamson Board Member | Trustee | 5 | $0 |
David Cooper Outgoing Board Member | Trustee | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $69,946 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $234,135 |
| Noncash contributions included in lines 1a–1f | $44,947 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $304,081 |
| Total Program Service Revenue | $5,770,348 |
| Investment income | $77,758 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,264 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,657 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,283,918 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,075,120 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $393,417 |
| Compensation of current officers, directors, key employees. | $318,945 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,706,482 |
| Pension plan accruals and contributions | $56,870 |
| Other employee benefits | $583,184 |
| Payroll taxes | $220,329 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,578 |
| Fees for services: Accounting | $29,909 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,650 |
| Advertising and promotion | $35,747 |
| Office expenses | $82,880 |
| Information technology | $126,311 |
| Royalties | $0 |
| Occupancy | $288,054 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $152,352 |
| Insurance | $50,179 |
| All other expenses | $107,804 |
| Total functional expenses | $6,468,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,731 |
| Savings and temporary cash investments | $1,518,691 |
| Pledges and grants receivable | $1,500 |
| Accounts receivable, net | $2,891,361 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,356 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,567,653 |
| Investments—publicly traded securities | $1,955,549 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $88,824 |
| Total assets | $10,033,665 |
| Accounts payable and accrued expenses | $308,271 |
| Grants payable | $0 |
| Deferred revenue | $4,160,352 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $88,824 |
| Total liabilities | $4,557,447 |
| Net assets without donor restrictions | $4,983,082 |
| Net assets with donor restrictions | $493,136 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,033,665 |