Union Pointe Academy Corp is located in Florence, KY. The organization was established in 2014. 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 06/2022, Union Pointe Academy Corp employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Union Pointe Academy Corp 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, Union Pointe Academy Corp generated $489.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $536.0k during the year ending 06/2022. While expenses have increased by 1.6% per year over the past 4 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
PRIVATE NON-PROFIT SCHOOL. GRADES 1-12 BENEFITTING APPROXIMATELY 50+ STUDENTS IN 2021.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES PRIVATE, INDEPENDENT EDUCATION FOR GRADES 1-12 IN AN ATMOSPHERE OF BIBLICAL TRADITION. THIS ALSO ALLEVIATES PRESSURE ON THE PUBLIC SCHOOL SYSTEM
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Girvin Board Member | Trustee | 1 | $0 |
Eric S Beutel Esg Board Member | Trustee | 1 | $0 |
Tracy Griffin Board Member | Trustee | 40 | $32,425 |
Robert J Lightner Board Member | Officer | 1 | $0 |
Wes W Lightner Board Member | Officer | 1 | $0 |
Sheila Levi Board Member | Officer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,950 |
| Investment income | $106 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,341 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $489,867 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $32,425 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $368,106 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $31,659 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,996 |
| Advertising and promotion | $12 |
| Office expenses | $9,236 |
| Information technology | $1,617 |
| Royalties | $0 |
| Occupancy | $44,000 |
| 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 | $0 |
| Insurance | $4,000 |
| All other expenses | $0 |
| Total functional expenses | $535,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,607 |
| Savings and temporary cash investments | $84,520 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $107,127 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $7,513 |
| 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 | $7,513 |
| Net assets without donor restrictions | $99,614 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $99,614 |