Umep
- Assets
- $28.7m
- Revenue
- $15.5m
- Investments
- $0.0
- Employees
- 278
- Location
- Dallas, TX
- Founding
- 08/2008
- Data as of
- 08/2022
- EIN
- 26-1143407
Organization Overview
Umep is located in Dallas, TX. The organization was established in 2008. 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 08/2022, Umep employed 278 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Umep 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 08/2022, Umep generated $15.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $13.8m during the year ending 08/2022. While expenses have increased by 22.3% 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
UME PREPARATORY ACADEMY EXISTS TO PRODUCE COLLEGE- AND WORK-READY GRADUATES WHO HAVE A STRONG WORK ETHIC, FIRM GROUNDING IN CORE ACADEMIC CONTENT, AND MAJOR ACADEMIC AND VOCATIONAL SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UME PREPARATORY ACADEMY EXISTS TO PRODUCE COLLEGE AND WORK-READY GRADUATES WHO HAVE A STRONG WORK ETHIC, FIRM GROUNDING IN CORE ACADEMIC CONTENT, AND MAJOR ACADEMIC AND VOCATIONAL SKILLS, AND TO OFFER PARENTS, AS THEIR CHILD'S FIRST AND BEST TEACHERS, TIME AND TRAINING SO THAT THEY WILL HAVE ENHANCED OPPORTUNITIES TO STRENGTHEN THEIR FAMILIES AS THEY EXERCISE GREATER INFLUENCE OVER THE SPIRITUAL, INTELLECTUAL, AND EMOTIONAL GROWTH OF THEIR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kayla Smith Superintendent | Officer | 40 | $181,312 |
Blake Flickner Vice Chairman | OfficerTrustee | 1 | $0 |
Jolene Mcvean Secretary | OfficerTrustee | 1 | $0 |
Greg Burleson Treasurer | OfficerTrustee | 1 | $0 |
Scott Graves Chairman | OfficerTrustee | 1 | $0 |
David Howard Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thd Partners Llc Construction | 8/30/22 | $440,000 |
Delcom Group Technology | 8/30/22 | $176,377 |
Dynamic Support Solutions Llc Accounting Services | 8/30/22 | $308,709 |
Hertz Furniture Systems Furniture | 8/30/22 | $263,690 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,830,611 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,514 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,871,125 |
| Total Program Service Revenue | $649,269 |
| Investment income | $5,062 |
| 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 | $15,525,456 |
| 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. | $203,219 |
| Compensation of current officers, directors, key employees. | $81,288 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,288,065 |
| Pension plan accruals and contributions | $178,078 |
| Other employee benefits | $404,881 |
| Payroll taxes | $93,667 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $51,741 |
| Fees for services: Accounting | $20,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,302,968 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $825,626 |
| Travel | $8,344 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,203,578 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $629,123 |
| Insurance | $79,117 |
| All other expenses | $0 |
| Total functional expenses | $13,759,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,660,331 |
| Savings and temporary cash investments | $3,299,651 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,204,224 |
| 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 | $91,973 |
| Net Land, buildings, and equipment | $18,411,788 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,477 |
| Total assets | $28,691,444 |
| Accounts payable and accrued expenses | $894,344 |
| Grants payable | $0 |
| Deferred revenue | $15,669 |
| 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 | $21,030,607 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,940,620 |
| Net assets without donor restrictions | $2,808,829 |
| Net assets with donor restrictions | $3,941,995 |
| 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 | $28,691,444 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Umep has recieved totaling $25,557.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $25,557 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greenhill School Addison, TX | $147,490,301 | $53,613,950 |
St Marks School Of Texas Dallas, TX | $307,638,954 | $39,530,532 |
Tlc Academy San Angelo, TX | $61,295,304 | $42,259,776 |
Episcopal School Of Dallas Inc Dallas, TX | $115,874,541 | $40,283,303 |
John Cooper School The Woodlands, TX | $108,804,128 | $40,380,579 |
Fort Worth Country Day School Inc Fort Worth, TX | $119,263,068 | $39,582,011 |
Faith Family Kids Inc Desoto, TX | $30,662,985 | $39,123,210 |
Isidore Newman School New Orleans, LA | $70,350,338 | $38,233,388 |
Aplus Charter Schools Inc Dallas, TX | $53,044,254 | $32,813,961 |
Trinity Valley School Fort Worth, TX | $129,853,781 | $31,929,734 |
Saint Marys Hall Inc San Antonio, TX | $128,500,252 | $28,063,566 |
Lafayette Charter Foundation Inc Lafayette, LA | $33,304,298 | $27,089,084 |