United Spectrum Corp is located in Boca Raton, FL. The organization was established in 2019. According to its NTEE Classification (G99) the organization is classified as: Voluntary Health Associations & Medical Disciplines N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Spectrum Corp 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 12/2023, United Spectrum Corp generated $957.6k in total revenue. All expenses for the organization totaled $885.5k during the year ending 12/2023. While expenses have increased by 157.3% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL ENRICHMENT
SUMMER BRAC
CURRICULUM
PROGRAM EXPENSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Bazinet President | 15 | $0 | |
Matthew Rosenberg Director | 3 | $0 | |
Jane Kaufman Vice President | 3 | $0 | |
Patrice Huber Secretary | 3 | $0 | |
Craig Eppy Treasurer | 3 | $0 | |
Lori Cabrera Director | 3 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $334,528 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $623,092 |
Total Revenue | $957,620 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $523,718 |
Pension plans, employee benefits | $3,222 |
Interest | $44 |
Taxes | $47,159 |
Depreciation | $8,382 |
Occupancy | $191,199 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $97,503 |
Total operating and administrative expenses | $885,534 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $885,534 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$16,656 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $90,431 |
Other assets | $165,554 |
Total assets | $239,329 |
Accounts payable and accrued expenses | $1,990 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $53,226 |
Other liabilities | $0 |
Total liabilities | $55,216 |