United Christian Academy Foundation is located in Bloomington, MN. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2023, United Christian Academy Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Christian Academy Foundation 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 06/2023, United Christian Academy Foundation generated $6.6m in total revenue. All expenses for the organization totaled $460.4k during the year ending 06/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
UCAF WILL BUILD AND MANAGE A NEW PREK-12 EDUCATIONAL CAMPUS FOR ITS SUPPORTED ORGANIZATION AND WILL FUNDRAISE AND PROVIDE ADDITIONAL SUPPORT SOLELY FOR ITS SUPPORTED ORGANIZATION UCA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION MAY ENGAGE IN FUNDRAISING ACTIVITIES FOR ITS SOLE SUPPORTED ORGANIZATION UNITED CHRISTIAN ACADEMY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ryan Kotula President Director | OfficerTrustee | 5 | $0 |
Evan Dalrymple Treasurer Director | OfficerTrustee | 20 | $0 |
Justin Hanratty Secretary Director | OfficerTrustee | 1 | $0 |
Bob Reese Director | Trustee | 5 | $0 |
Rod Eriksmoen Director | Trustee | 1 | $0 |
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 | $6,673,385 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,673,385 |
Total Program Service Revenue | $0 |
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 | -$45,410 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,627,975 |
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. | $76,507 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $45,200 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,173 |
Fees for services: Management | $0 |
Fees for services: Legal | $27,717 |
Fees for services: Accounting | $34,503 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $132,760 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $74,021 |
Office expenses | $9,436 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,657 |
Travel | $3,293 |
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 | $0 |
Insurance | $3,527 |
All other expenses | $0 |
Total functional expenses | $460,390 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $413,173 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $160,200 |
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 | $15,173,687 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $15,747,060 |
Accounts payable and accrued expenses | $974,180 |
Grants payable | $214,008 |
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 | $1,250,947 |
Secured mortgages and notes payable | $6,589,930 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $9,029,065 |
Net assets without donor restrictions | $6,717,995 |
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 | $15,747,060 |