University Academy is located in Kansas City, MO. The organization was established in 2000. 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 06/2022, University Academy employed 197 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Academy 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, University Academy generated $18.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $18.4m during the year ending 06/2022. While expenses have increased by 4.8% 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
OPERATE AND MAINTAIN AN EDUCATIONAL INSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE AND MAINTAIN AN EDUCATIONAL INSTITUTION SERVING AN AVERAGE OF 1,123 ENROLLED STUDENTS IN GRADE KINDERGARTEN THROUGH 12TH GRADE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rebecca Gudde Exec.dir & S | Officer | 40 | $154,238 |
Clement O Ukaoma Principal | Officer | 40 | $139,509 |
Anthony Kline Resigned 083121 Exec.dir & S | Officer | 40 | $131,028 |
Stacy Graff COO | Officer | 40 | $126,039 |
Tyler Kemp CFO | Officer | 40 | $92,198 |
Katie Gerson President | OfficerTrustee | 0.4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $45,025 |
Government grants | $16,459,448 |
All other contributions, gifts, grants, and similar amounts not included above | $578,404 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,082,877 |
Total Program Service Revenue | $1,156,139 |
Investment income | -$25,513 |
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 | $18,213,503 |
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. | $694,787 |
Compensation of current officers, directors, key employees. | $212,734 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,630,228 |
Pension plan accruals and contributions | $837,178 |
Other employee benefits | $648,554 |
Payroll taxes | $635,737 |
Fees for services: Management | $0 |
Fees for services: Legal | $21,022 |
Fees for services: Accounting | $24,359 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $661,146 |
Advertising and promotion | $555,903 |
Office expenses | $7,489 |
Information technology | $30,463 |
Royalties | $0 |
Occupancy | $1,794,877 |
Travel | $28,137 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $15,955 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $129,089 |
All other expenses | $141,857 |
Total functional expenses | $18,445,357 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,433,499 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $2,095,737 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,529,236 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $4,374,444 |
Net assets with donor restrictions | $154,792 |
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 | $4,529,236 |