Student U
- Assets
- $9.1m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 175
- Location
- Durham, NC
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 27-3460491
Organization Overview
Student U is located in Durham, NC. The organization was established in 2010. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2021, Student U employed 175 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Student U 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 12/2021, Student U generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 9.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EQUIP AND EMPOWER FIRST-GENERATION COLLEGE STUDENTS IN THE DURHAM PUBLIC SCHOOLS, THEIR FAMILIES, AND EDUCATORS TO BECOME THE LEADERS THAT WILL TRANSFORM OUR CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIDDLE SCHOOL PROGRAM: STUDENT U'S MIDDLE SCHOOL PROGRAM SERVES 150 STUDENTS AND FAMILIES IN THE DURHAM PUBLIC SCHOOLS THROUGH A 5-WEEK SUMMER ACADEMY AND A DAILY AFTER-SCHOOL PROGRAM THROUGHOUT THE SCHOOL YEAR. STUDENTS RECEIVE INSTRUCTION IN ENGLISH, MATH, SCIENCE, AND GLOBAL CONNECT, AS WELL AS ELECTIVE CLASSES. DURHAM THE SCHOOL YEAR, STUDENTS HAVE AN OPPORTUNITY TO COMPLETE HOMEWORK, RECEIVE INDIVIDUALIZED TUTORING, AND ATTEND ELECTIVE CLASSES. FAMILIES ARE ENGAGED THROUGH MONTHLY PHONE CALLS, FAMILY CONFERENCES EACH SEMESTER, FAMILY WORKSHOPS, AND LARGER COMMUNITY DAYS THROUGHOUT THE YEAR.
HIGH SCHOOL PROGRAM: STUDENT U'S HIGH SCHOOL PROGRAM SERVES 200 STUDENTS AND FAMILIES IN THE DURHAM PUBLIC SCHOOLS THROUGH A 5-WEEK SUMMER ACADEMY, A TWICE/WEEK TUTORING PROGRAM DURING THE SCHOOL YEAR, AN IN-SCHOOL ADVOCATE, AND AN INTERNSHIP PROGRAM FOR RISING 11TH AND 12TH GRADERS. STUDENTS ATTEND MONTHLY CLUSTER MEETINGS WITH OTHER STUDENT U STUDENTS WHO ATTEND THEIR SCHOOL, U-PREP SATURDAYS FOR INTERACTIVE WORKSHOPS FOR BOTH STUDENTS AND FAMILIES REGARDING SUCCEEDING IN HIGH SCHOOL AND PREPARING FOR COLLEGE, AND COLLEGE-BOUND ACTIVITIES AND ADVISING IN 11TH AND 12TH GRADES.
THE W.G. PEARSON CENTER: WGPC IS A COST-ACCESSIBLE, YOUTH-CENTERED SPACE THAT HOUSES ACTIVITIES AND PROGRAMS THAT ENRICH THE LIVES AND OUTCOMES OF YOUNG PEOPLE. THE BUILDING, A FORMER DURHAM PUBLIC SCHOOLS BUILDING, IS AVAILABLE TO BE RENTED FOR LONG-TERM OFFICE SPACE AND ONE-TIME EVENT RENTALS OR PROGRAMS. NO SPACE IS RENTED TO INDIVIDUALS OR GROUPS THAT DO NOT DO THE KIND OF WORK DESCRIBED. PROVIDING SPACE TO GROUPS SERVING THE SAME POPULATION THAT STUDENT U SERVES FACILITATES COLLABORATION, ENHANCING THE VALUE OF THE GROUPS' WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Zagbayou Executive Dir. | Officer | 40 | $113,831 |
Amy Salo Int. Exe. Dir. | Officer | 40 | $86,146 |
Matthew Hickson Vice Chair | OfficerTrustee | 4 | $0 |
Shruti Shah Chair | OfficerTrustee | 5 | $0 |
Alyzia Mcalmon Secretary | OfficerTrustee | 1 | $0 |
Kristin Clauson Advancement Ch. | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $787,521 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,854,477 |
| Noncash contributions included in lines 1a–1f | $34,186 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,641,998 |
| Total Program Service Revenue | $22,676 |
| Investment income | $74,925 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $171,278 |
| Net Gain/Loss on Asset Sales | $337 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,911,286 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $44,323 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $228,232 |
| Compensation of current officers, directors, key employees. | $97,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,578,402 |
| Pension plan accruals and contributions | $19,287 |
| Other employee benefits | $136,566 |
| Payroll taxes | $144,193 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $80,006 |
| Advertising and promotion | $2,461 |
| Office expenses | $31,433 |
| Information technology | $39,387 |
| Royalties | $0 |
| Occupancy | $419,380 |
| Travel | $27,908 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,138 |
| Interest | -$2,239 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,072 |
| Insurance | $16,159 |
| All other expenses | $507 |
| Total functional expenses | $2,944,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,242,116 |
| Savings and temporary cash investments | $10 |
| Pledges and grants receivable | $1,256,377 |
| Accounts receivable, net | $46,967 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,463,290 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,392 |
| Net Land, buildings, and equipment | $89,834 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,311 |
| Total assets | $9,122,297 |
| Accounts payable and accrued expenses | $30,634 |
| Grants payable | $0 |
| Deferred revenue | $13,250 |
| 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 | $66,520 |
| Total liabilities | $110,404 |
| Net assets without donor restrictions | $7,873,403 |
| Net assets with donor restrictions | $1,138,490 |
| 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 | $9,122,297 |
Grants Recieved
Over the last fiscal year, we have identified 28 grants that Student U has recieved totaling $706,562.
| Awarding Organization | Amount |
|---|---|
United Way Of The Greater Triangle Inc Durham, NC PURPOSE: GENERAL SUPPORT | $134,134 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $100,671 |
Grable Foundation Pittsburgh, PA PURPOSE: TO SUPPORT A COLLEGE-ACCESS PROGRAM FOR STUDENTS ATTENDING DURHAM PUBLIC SCHOOLS | $70,000 |
F M Kirby Foundation Inc Morristown, NJ PURPOSE: IN SUPPORT OF 501C3 PURPOSE | $60,000 |
Z Smith Reynolds Foundation Inc Winstonsalem, NC PURPOSE: FOR GENERAL OPERATING SUPPORT | $50,000 |
Annie E Casey Foundation Baltimore, MD PURPOSE: SUPPORT PROGRAM IMPLEMENTATION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tennessee State Collaborative On Reforming Education Nashville, TN | $23,375,202 | $18,088,323 |
Cameron Foundation Petersburg, VA | $170,387,931 | $14,350,568 |
Youth Educational Services Inc Tucker, GA | $1,618,316 | $5,042,597 |
Meridian Education Resource Group Inc Atlanta, GA | $7,961,644 | $4,980,107 |
Virginia Tech Services Inc Blacksburg, VA | $8,676,644 | $3,908,616 |
Student U Durham, NC | $9,122,297 | $4,911,286 |
Technology Student Association Reston, VA | $4,030,587 | $3,611,530 |
Petersburg Library Foundation Inc Petersburg, VA | $154,347 | $1,622,780 |
The University Of Virginias College At Wise Foundation Inc Wise, VA | $42,097,023 | $1,930,622 |
National Technical Honor Society Flat Rock, NC | $2,944,841 | $1,721,548 |
E-Polk Tryon, NC | $1,902,633 | $1,526,655 |
Middle Georgia State College Real Estate Foundation Inc Macon, GA | $39,301,200 | $4,417,348 |