Overview
What is Umep Inc?
Umep Inc, based in Dallas, Texas, is a nonprofit organization that operates UME Preparatory Academy. Their mission is to cultivate college and work-ready graduates by nurturing a strong work ethic and providing a solid foundation in core academic subjects and major vocational skills. Parents are also engaged through programs offering them time and training to enhance their families and assume a more significant role in their children's spiritual, intellectual, and emotional growth. With a team of 278 employees, Umep Inc is dedicated to preparing students for success in higher education and the workforce.
Official website here: www.umeprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Umep Inc has earned an 85% rating from Charity Navigator, indicating a sound level of financial health and accountability. This score reflects robust practices in governance, with 100% of its board members being independent. The charity also excels in financial oversight, achieving full marks in categories such as audit and oversight committee and material diversion of assets.
The organization demonstrates a strong commitment to transparency by maintaining an accessible website that features required documents, including tax forms and board meeting minutes. Additionally, it has established comprehensive policies regarding conflicts of interest, whistleblowing, and document retention, which further enhances its accountability framework.
While Umep Inc shows significant strengths in financial management and governance, the summary does not highlight any specific limitations or areas for improvement. Overall, the charity's strong performance in various operational areas suggests a reliable organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Umep Inc legitimate?
Umep Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Umep Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $203,219
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,288,065
For more financial information, click here
Official website here: www.umeprep.org
What is the mission statement of Umep Inc?
Umep Inc's UME Preparatory Academy is dedicated to creating graduates who are well-prepared for higher education and the workforce. These graduates are equipped with a solid foundation in essential academic subjects and valuable vocational skills. The organization goes beyond just educating students, as it also offers parents the opportunity to become more involved in their children's learning process. By providing training and resources, parents are empowered to strengthen their families and exert a greater influence on their children's spiritual, intellectual, and emotional development.
Official website here: www.umeprep.org
Who is the CEO of Umep Inc?
Kayla Smith is the Superintendent of Umep Inc.
Official website here: www.umeprep.org
What is the revenue of Umep Inc?
Umep Inc's revenue in 2022 was $15,525,456.
Official website here: www.umeprep.org
Who are the executives of Umep Inc and what are their salaries?
The average compensation at Umep Inc during 2022 was $26,947. There are 278 employees and 89 volunteers at Umep Inc.
Here are 12 key members and their salaries:
- Compensation: $181,312
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- Other: $19,715
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Official website here: www.umeprep.org
Where can I find the form 990 for Umep Inc?
Umep Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.umeprep.org
Learn more at the official website: www.umeprep.org
Mission Statement of Umep Inc
Umep Inc, also known as UME Preparatory Academy, is a mission-driven organization with a commitment to producing college- and work-ready graduates. The institution goes beyond academic excellence by fostering strong work ethics and a solid foundation in core academic subjects. In addition, Umep Inc provides major academic and vocational skills to its students, preparing them for success in their future endeavors.
Moreover, Umep Inc recognizes the crucial role parents play in their children's lives. With this understanding, the organization offers them valuable time and training to enhance their families and exert greater influence over their children's spiritual, intellectual, and emotional growth. The academy's approach is grounded in the belief that parents are their children's first and best teachers. By empowering parents, Umep Inc aims to create strong, supportive families that contribute to the development of well-rounded individuals.
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Impact
October, 2024
Umep Inc significantly impacts the Dallas community by preparing students for both higher education and the workforce. UME Preparatory Academy focuses on cultivating a strong work ethic in its graduates while ensuring they possess a solid grounding in essential academic content and vocational skills. This dual emphasis enables students not only to excel academically but also to thrive in professional environments, thus enhancing their employability and future success.
Moreover, the organization empowers parents by providing them with the time and training necessary to be active participants in their children's education. By equipping parents with skills and knowledge, Umep Inc strengthens families and enhances their ability to influence their children's spiritual, intellectual, and emotional development. This holistic approach creates a positive feedback loop where engaged families lead to more motivated and successful students, ultimately uplifting the entire community.
Overall, Umep Inc fosters a culture of education and personal growth, ensuring that young individuals are well-prepared for the challenges of adulthood while also reinforcing family bonds and community ties.
This information is meant to be a general summary of Umep Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,062
- Program Service Revenue: $649,269
- Gross Receipts: $15,525,456
Assets and Liabilities:
- Total Assets: $28,691,444
- Total Liabilities: $21,940,620
- Net Assets: $6,750,824
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ATHLETIC AND COCURRICULAR
Revenue
$89,681
FOOD SERVICE REVENUE
Revenue
$90,060
OTHER LOCAL REVENUE
Revenue
$469,528
Organization Details
Founding Year
2007
Phone
(214) 445-6243Principal Officer
Kayla Smith
Main Address
3838 SPUR 408, DALLAS, TX, 75236
Website
www.umeprep.orgNTEE Category
Code: B20 - Education
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