University Academy Foundation is located in Kansas City, MO. The organization was established in 2010. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, University Academy Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Academy Foundation 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 06/2022, University Academy Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $964.1k during the year ending 06/2022. While expenses have increased by 3.5% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNIVERSITY ACADEMY FOUNDATION WAS ESTABLISHED TO SUPPORT PROGRAMS AND SPECIAL EDUCATIONAL OPPORTUNITIES FOR STUDENTS AND ALUMNI OF UNIVERSITY ACADEMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
K-12 SPECIAL PROGRAMS AND OPPORTUNITIES: PROVIDES FUNDING FOR VARIOUS SUPPLEMENTAL PROGRAMS AND EDUCATIONAL OPPORTUNITIES FOR UA STUDENTS. PROVIDES SCHOLARSHIPS FOR VARIOUS DOMESTIC AND INTERNATIONAL SUMMER PROGRAMS FOR MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS. ASSISTS HIGH SCHOOL JUNIORS AND SENIORS WITH CAREER EXPLORATION AND COLLEGE APPLICATIONS. PROVIDES COLLEGE SCHOLARSHIPS AND MENTORSHIP FOR 1-4 HIGH SCHOOL SENIORS EACH YEAR.
ALUMNI PROGRAM: SUPPORT APPROXIMATELY 670 UNIVERSITY ACADEMY ALUMNI IN PURSUIT OF THEIR ACADEMIC AND CAREER GOALS. OPERATES PROGRAMS WHICH PROVIDE ACADEMIC, PERSONAL AND FINANCIAL SUPPORT AND SCHOLARSHIP AWARDS TO UA ALUMNI IN COLLEGE BASED ON COLLEGE ATTENDANCE AND GRADES. ALSO INCLUDES A CAREER ACCELERATION PROGRAM WHICH WORKS TO PROVIDE UA ALUMS IN COLLEGE WITH SUMMER INTERNSHIPS AND ALL ALUMNI AT ANY STAGE OF THEIR LIFE WITH CAREER ASSESSMENT, JOB SEARCH SKILLS AND TOOLS AND CAREER GUIDANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeremy Goff President - As Of 2/2022 | OfficerTrustee | 3 | $0 |
Bush Helzberg President - Thru 1/2022 | OfficerTrustee | 3 | $0 |
Sonya Nutter Secretary | OfficerTrustee | 1 | $0 |
Donald Hawkins Board Member | Trustee | 1 | $0 |
Kit Smith Board Member | Trustee | 1 | $0 |
Byron White Programs Committee Chair | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $5,000 |
Membership dues | $0 |
Fundraising events | $326,721 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $910,935 |
Noncash contributions included in lines 1a–1f | $4,845 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,242,656 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$77,066 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,165,590 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $102,776 |
Grants and other assistance to domestic individuals. | $447,115 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $95,431 |
Compensation of current officers, directors, key employees. | $23,857 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $179,815 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $9,750 |
Payroll taxes | $21,648 |
Fees for services: Management | $0 |
Fees for services: Legal | $626 |
Fees for services: Accounting | $4,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $2,650 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,773 |
Advertising and promotion | $0 |
Office expenses | $8,287 |
Information technology | $6,587 |
Royalties | $0 |
Occupancy | $30,777 |
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 | $3,056 |
Insurance | $3,842 |
All other expenses | $5,544 |
Total functional expenses | $964,130 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $867,498 |
Savings and temporary cash investments | $10,007 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $37,945 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,506 |
Total assets | $917,956 |
Accounts payable and accrued expenses | $13,926 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $13,926 |
Net assets without donor restrictions | $868,613 |
Net assets with donor restrictions | $35,417 |
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 | $917,956 |