Unad Florida Inc
- Assets
- $683.7k
- Revenue
- $584.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Sunrise, FL
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 65-1059288
Organization Overview
Unad Florida Inc is located in Sunrise, FL. The organization was established in 2004. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 12/2021, Unad Florida Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unad Florida 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 12/2021, Unad Florida Inc generated $584.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $583.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 6 years. 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
UNAD FLORIDA ENGAGES IN HIGHER EDUCATION SERVICES THROUGH ONLINE PROGRAMS AT A BACHELOR, MASTER, AND DOCTORAL LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTION HAS DEGREE SEEKING PROGRAMS AT THE BACHELOR, MASTER, AND DOCTORAL LEVEL, ALL OF WHICH ARE OFFERED TO THE PUBLIC AT REASONABLE PRICES, THE PROGRAMS HAVE RECEIVED A SIGNIFICANT INCREASE IN THEIR INVESTMENT TO KEEP UP WITH THE QUALITY CONTROLS REQUESTED BY THE ACCREDITATION PROCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jorge E Millan Director | OfficerTrustee | 40 | $41,192 |
Jesus Alberto Fuenmayor Executive Di | OfficerTrustee | $40,300 | |
Alicia Torres Director Of | Officer | $0 | |
Andres Prada Student Repr | Trustee | $0 | |
Luigi H Lopez Board Vicepr | Trustee | $0 | |
Andres E Salinas Duarte Board Member | Trustee | $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 | $246,588 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $246,588 |
| Total Program Service Revenue | $337,977 |
| Investment income | $0 |
| 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 | $584,565 |
| 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. | $81,492 |
| Compensation of current officers, directors, key employees. | $81,492 |
| Compensation to disqualified persons | $68,213 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,989 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,500 |
| Fees for services: Accounting | $23,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $221,538 |
| Advertising and promotion | $7,386 |
| Office expenses | $24,556 |
| Information technology | $3,891 |
| Royalties | $0 |
| Occupancy | $29,344 |
| Travel | $2,476 |
| 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 | $50,922 |
| Insurance | $6,713 |
| All other expenses | $0 |
| Total functional expenses | $583,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,497 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,858 |
| 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 | $570 |
| Net Land, buildings, and equipment | $386,711 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $201,050 |
| Other assets | $0 |
| Total assets | $683,686 |
| Accounts payable and accrued expenses | $473 |
| Grants payable | $0 |
| Deferred revenue | $4,036 |
| 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 | $14,336 |
| Total liabilities | $18,845 |
| Net assets without donor restrictions | $664,841 |
| 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 | $683,686 |
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Huntsville Baptist Institute Inc Huntsville, AL | $1,531,999 | $1,030,360 |
Association Of Collegiate Schools Of Planning Inc Tallahassee, FL | $777,149 | $532,348 |
Unad Florida Inc Sunrise, FL | $683,686 | $584,565 |
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Medical Career Academy Inc Palm Beach Gardens, FL | $1,015,799 | $532,336 |
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