Skema Us Inc
- Assets
- $4.5m
- Revenue
- $5.0m
- Investments
- $1.4m
- Employees
- 47
- Location
- Raleigh, NC
- Founding
- 09/2011
- Data as of
- 08/2021
- EIN
- 27-2818359
Organization Overview
Skema Us Inc is located in Raleigh, NC. The organization was established in 2011. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 08/2021, Skema Us Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skema Us 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 08/2021, Skema Us Inc generated $5.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $4.9m during the year ending 08/2021. While expenses have increased by 2.8% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ACQUIRE, OWN, OPERATE, PROVIDE, MAINTAIN AND PERPETUATE AN INSTITUTION OF HIGHER LEARNING
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE PROGRAMS OF HIGHER LEARNING WITH A FOCUS ON EDUCATION OF INTERNATIONAL STUDENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael T Lee Professor | 40 | $156,377 | |
Mohamed A Desoky Associate Dean Of Academic Programs | 40 | $142,464 | |
Alexander Deshkovski Professor | 40 | $138,454 | |
Gisa L Rollin Development Director | 40 | $81,417 | |
Patrick Helsen Treasurer | Officer | 0 | $0 |
Emmanuelle Jeres Secretary | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,901,812 |
| Investment income | $7,060 |
| 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 | $4,986,543 |
| 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. | $219,819 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,377,516 |
| Pension plan accruals and contributions | $23,703 |
| Other employee benefits | $50,779 |
| Payroll taxes | $122,041 |
| Fees for services: Management | $227,227 |
| Fees for services: Legal | $190,101 |
| Fees for services: Accounting | $77,935 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $451,141 |
| Advertising and promotion | $194,960 |
| Office expenses | $48,513 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $912,370 |
| Travel | $172,919 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,259 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $124,201 |
| Insurance | $600 |
| All other expenses | $125,184 |
| Total functional expenses | $4,912,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,355,376 |
| Savings and temporary cash investments | $0 |
| 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 | $221,675 |
| Net Land, buildings, and equipment | $232,334 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,425,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $221,251 |
| Total assets | $4,455,636 |
| Accounts payable and accrued expenses | $361,396 |
| Grants payable | $0 |
| Deferred revenue | $18,480 |
| 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 | $3,638,919 |
| Total liabilities | $4,018,795 |
| Net assets without donor restrictions | $436,841 |
| 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 | $4,455,636 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Emory University Decatur, GA | $5,794,825 | $19,416,810 |
Gamecock Club Of The University Of South Carolina Columbia, SC | $10,628,340 | $13,135,992 |
Crown College Powell, TN | $16,563,165 | $8,650,181 |
Appalachian College Of Pharmacy Oakwood, VA | $36,195,397 | $7,728,362 |
Austin Peay State University Foundation Clarksville, TN | $60,731,234 | $13,661,420 |
University Of Tennessee Research Foundation Knoxville, TN | $82,756,683 | $8,787,700 |
School Of Media And Journalism Foundation Of North Carolina Inc Chapel Hill, NC | $50,008,414 | $6,859,944 |
Virginia Commonwealth University Real Estate Foundation Richmond, VA | $95,872,198 | $7,982,693 |
Western Carolina University Foundation Cullowhee, NC | $76,335,154 | $7,286,676 |
Virginia University Of Lynchburg Inc Lynchburg, VA | $13,241,169 | $8,139,477 |
South Carolina Research Foundation Columbia, SC | $3,435,168 | $5,813,160 |
Skema Us Inc Raleigh, NC | $4,455,636 | $4,986,543 |