Ums-Wright Corporation
- Assets
- $47.1m
- Revenue
- $23.5m
- Investments
- $0.0
- Employees
- 221
- Location
- Mobile, AL
- Founding
- 07/1949
- Data as of
- 05/2022
- EIN
- 63-0310782
Organization Overview
Ums-Wright Corporation is located in Mobile, AL. The organization was established in 1949. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 05/2022, Ums-Wright Corporation employed 221 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ums-Wright Corporation 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 05/2022, Ums-Wright Corporation generated $23.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $19.7m during the year ending 05/2022. While expenses have increased by 3.7% 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
THE ORGANIZATION PROVIDES EDUCATION FOR PRESCHOOL THROUGH 12TH GRADE -- INCLUDING ACADEMIC INSTRUCTION, STUDENT ACTIVITIES, ATHLETICS, AND CAFETERIA SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UMS-WRIGHT HAD APPROXIMATELY 1,246 STUDENTS ENROLLED IN PRESCHOOL THROUGH 12TH GRADES DURING THE '21-'22 SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Barber Head Of School | 40 | $227,720 | |
Todd Morris Dir-Finance | 40 | $145,375 | |
Terry Curtis Athletic Director | 40 | $144,565 | |
Tony Havard President | Officer | 40 | $132,721 |
Wesley Lathan Principal | 40 | $111,500 | |
Ashleigh C Leland Trustee - Co-Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $606,467 |
| Government grants | $1,996,918 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,470,027 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,073,412 |
| Total Program Service Revenue | $15,943,322 |
| Investment income | $6,589 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,950 |
| Net Gain/Loss on Asset Sales | $251 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $404 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,485,444 |
| 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. | $150,000 |
| Compensation of current officers, directors, key employees. | $150,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,900,511 |
| Pension plan accruals and contributions | $361,275 |
| Other employee benefits | $753,195 |
| Payroll taxes | $707,146 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,534 |
| Fees for services: Accounting | $58,110 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $23,089 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $722,068 |
| Travel | $897 |
| 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 | $1,384,266 |
| Insurance | $388,427 |
| All other expenses | $1,276,868 |
| Total functional expenses | $19,716,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,619,773 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $250 |
| Accounts receivable, net | $438,809 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,340 |
| Prepaid expenses and deferred charges | $31,177 |
| Net Land, buildings, and equipment | $37,861,465 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $190,965 |
| Total assets | $47,143,779 |
| Accounts payable and accrued expenses | $2,053,937 |
| 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 | $2,862,128 |
| Total liabilities | $4,916,065 |
| Net assets without donor restrictions | $38,626,380 |
| Net assets with donor restrictions | $3,601,334 |
| 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 | $47,143,779 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Ums-Wright Corporation has recieved totaling $435,939.
| Awarding Organization | Amount |
|---|---|
Belle G Roberts Charitable Tr Mobile, AL PURPOSE: DINING HALL CAPITAL IMPROVEMENTS | $418,967 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $12,000 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $1,575 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,147 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $9,250,396 |
| Ending Balance | $9,250,396 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chattanooga C A R E S Inc Chattanooga, TN | $10,951,449 | $26,744,749 |
Ums-Wright Corporation Mobile, AL | $47,143,779 | $23,485,444 |
Boys & Girls Club Of Lanier Inc Gainesville, GA | $11,561,419 | $9,878,152 |
Bridges Usa Inc Memphis, TN | $7,961,140 | $3,313,515 |
Excellence In Education National Inc Tallahassee, FL | $1,585,367 | $2,119,515 |
Progressive Agriculture Foundation Birmingham, AL | $1,602,954 | $2,339,463 |
Ronald Mcdonald House Charities Of Northwest Florida Inc Pensacola, FL | $7,362,499 | $1,624,736 |
Digital Vibez Inc West Palm Beach, FL | $503,053 | $1,150,763 |
Concerned Citizens For Our Youth Inc Jasper, AL | $2,606,099 | $944,991 |
Children 1st Community Development Services Atlanta, GA | $152,854 | $873,207 |
Childrens Services Council Of Florida Inc Tallahassee, FL | $942,648 | $880,357 |
Jhett Micheal Scholars Foundation Inc Atlanta, GA | $37,855 | $825,305 |