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 |