University Of The Nations Inc
- Assets
- $43.6m
- Revenue
- $31.7m
- Investments
- $0.0
- Employees
- 2
- Location
- Kailuakona, HI
- Founding
- 11/1985
- Data as of
- 06/2023
- EIN
- 99-0240539
Organization Overview
University Of The Nations Inc is located in Kailuakona, HI. The organization was established in 1985. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2023, University Of The Nations Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of The Nations 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 06/2023, University Of The Nations Inc generated $31.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $31.0m during the year ending 06/2023. While expenses have increased by 6.3% 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.
Since 2015, University Of The Nations Inc has awarded 62 individual grants totaling $3,175,236. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND EQUIP YOUNG PEOPLE FROM ALL NATIONS IN SPIRITUALITY, INTEGRITY, PERSONAL LIFE SKILLS, AND BUSINESS SKILLS TO BE MULTIPLIED AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY OF THE NATIONS, KONA, INC. (UNK) PROVIDES TRAINING IN THE FOLLOWING AREAS: ARTS, HEALTH CARE, APPLIED LINGUISTICS & LANGUAGES, SPORTS & FITNESS, FAMILY STUDIES, CHRISTIAN MINISTRIES, COMMUNICATION, COUNSELING, EDUCATION, HUMANITIES & INTERNATIONAL STUDIES, AND SCIENCE & TECHNOLOGY. UNK UTILIZES A LIVE-LEARN LIFESTYLE WITH QUARTERLY MODULAR COURSES. UNK'S EDUCATION INCLUDES FIELD WORK IN MANY COUNTRIES AROUND THE WORLD. UNK IS A LEGALLY INDEPENDENT, STAND-ALONE CAMPUS OF THE UNIVERSITY OF THE NATIONS(U OF N). THE U OF N IS A GLOBAL UNIVERSITY, OFFERING OVER 650 COURSES IN OVER 160 NATIONS. THE U OF N WAS ESTABLISHED BY YOUTH WITH A MISSION (YWAM), AN INTERNATIONAL MOVEMENT CALLED TO MAKE GOD KNOWN INTO EVERY ARENA OF SOCIETY THROUGH EVANGELISM, TRAINING AND MERCY MINISTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Joel Hamilton President | OfficerTrustee | 50 | $65,847 |
Loren Cunningham Past Preside | OfficerTrustee | 50 | $76,452 |
Sunawh Park Treasurer | OfficerTrustee | 50 | $79,250 |
Dave Bateman Secretary | OfficerTrustee | 2 | $0 |
Karen Curtis Chair | OfficerTrustee | 5 | $0 |
Michael Berg Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Proservice Human Resources Human Resources | 6/29/23 | $618,662 |
Allendevaux Co It Services | 6/29/23 | $289,225 |
Mauna Construction Llc Construction | 6/29/23 | $245,461 |
Complete Electric Electrical | 6/29/23 | $104,375 |
Data Imagery Software Devel. | 6/29/23 | $106,500 |
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 | $14,001,031 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,001,031 |
| Total Program Service Revenue | $17,383,712 |
| Investment income | $42,418 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,883 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $264,164 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,684,442 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $725,386 |
| Grants and other assistance to domestic individuals. | $43,088 |
| Grants and other assistance to Foreign Orgs/Individuals | $469,578 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $288,851 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $88,046 |
| Fees for services: Accounting | $28,642 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,491,395 |
| Advertising and promotion | $2,220 |
| Office expenses | $484,558 |
| Information technology | $262,276 |
| Royalties | $0 |
| Occupancy | $1,799,843 |
| Travel | $339,588 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,420 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,298,834 |
| Insurance | $604,739 |
| All other expenses | $704,884 |
| Total functional expenses | $30,962,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,181,061 |
| Savings and temporary cash investments | $2,279,394 |
| Pledges and grants receivable | $2,500 |
| Accounts receivable, net | $243,698 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $100,939 |
| Prepaid expenses and deferred charges | $69,038 |
| Net Land, buildings, and equipment | $35,879,367 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,850,667 |
| Total assets | $43,606,664 |
| Accounts payable and accrued expenses | $1,067,313 |
| Grants payable | $0 |
| Deferred revenue | $1,695,340 |
| 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 | $542,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,304,653 |
| Net assets without donor restrictions | $37,223,873 |
| Net assets with donor restrictions | $3,078,138 |
| 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 | $43,606,664 |
Grants Awarded
Over the last fiscal year, University Of The Nations Inc has awarded $725,386 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
42220 FOUNDATION PURPOSE: BIBLE TRANSLATION | $12,500 |
COLINK PURPOSE: MISSIONARY SUPPORT | $5,050 |
HUI O HANOHANA PURPOSE: HAWAIIAN LANGUAGE | $10,000 |
KAIROS GLOBAL INC PURPOSE: FOREIGN MINISTRY CTR | $222,336 |
YWAM-LOS ANGELES PURPOSE: BIBLE TRANSLATION | $424,380 |
YWAM SHIPS KONA PURPOSE: FOREIGN BASE SUPPORT | $51,120 |