The U School
- Assets
- $637.3k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 27
- Location
- Ann Arbor, MI
- Founding
- 06/2015
- Data as of
- 06/2022
- EIN
- 47-3220541
Organization Overview
The U School is located in Ann Arbor, MI. The organization was established in 2015. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, U School employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U School 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, U School generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $803.4k during the year ending 06/2022. While expenses have increased by 21.5% 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
TO OFFER A HAPPY, HEALTHY, AND INSPIRED EARLY CHILDHOOD LEARNING ENVIRONMENT THAT BUILDS A POSITIVE SENSE OF SELF IN CHILDREN AND A CONNECTEDNESS TO COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
U LEARNING IS OUR PRESCHOOL, PRE-K AND KINDERGARTEN CLASSROOM PROGRAM FOR CHILDREN AGES 3 TO 5. WE OFFER FULL-TIME AND PART-TIME CLASSES AS WELL AS DROP-IN CARE.
U FAMILY IS OUR GUIDANCE AND SUPPORT PROGRAM FOR FAMILIES WITH CHILDREN IN EARLY CHILDHOOD. WE OFFER GROUP AND PRIVATE CLASSES FOR PARENTS AS WELL AS PARENT-CHILD PLAYGROUPS FACILITATED BY THE U SCHOOL STAFF AND OUR NETWORK OF EXPERT COMMUNITY PARTNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Brown Vice Chair/e | OfficerTrustee | 42 | $50,191 |
Katie Frank Director | Trustee | 1 | $0 |
Peter Halquist Director | Trustee | 1 | $0 |
Molly Hunter Secretary | OfficerTrustee | 1 | $0 |
Jackson Perry Chair | OfficerTrustee | 1 | $0 |
Charlie Sutherland Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $91,950 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,837 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,787 |
| Total Program Service Revenue | $1,015,053 |
| Investment income | $7,142 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,123,684 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $52,830 |
| Compensation of current officers, directors, key employees. | $36,981 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $355,135 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,591 |
| Fees for services: Accounting | $19,798 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,776 |
| Advertising and promotion | $1,255 |
| Office expenses | $9,630 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $230,580 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,479 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,634 |
| Insurance | $2,846 |
| All other expenses | $9,769 |
| Total functional expenses | $803,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $371,409 |
| Savings and temporary cash investments | $14,212 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,352 |
| 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 | $240,371 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $637,344 |
| Accounts payable and accrued expenses | $5,574 |
| Grants payable | $0 |
| Deferred revenue | $4,450 |
| 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 | $141,028 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $151,052 |
| Net assets without donor restrictions | $486,292 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $637,344 |