Overview
What is Universal Academy?
Universal Academy is a nonprofit educational institution located in Minneapolis, Minnesota, with a postal address at 2912 28th Ave S, 55406. Serving students from preschool through eighth grade, the Academy's primary mission is to ensure the overall development of each child by offering high-quality learning experiences, empowerment, and support from a dedicated and caring staff. During the recent fiscal year, the Academy provided education to an estimated 400 students. The Academy's workforce consists of 105 dedicated employees committed to fostering success in their students.
Official website here: www.uacsmn.org
What are the reviews and ratings of this charity?
**Universal Academy Rating: 74% (Two-Star out of Four Star Rating)**
Universal Academy has earned a Two-Star rating from Charity Navigator, mainly reflecting its Accountability & Finance score of 74%. This assessment is based entirely on financial metrics, as other categories such as Leadership & Adaptability, Culture & Community, and Impact & Measurement are not currently scored. The rating indicates that while the organization does maintain fiscal responsibility, there are aspects that may need improvement.
Strengths of Universal Academy include its solid governance framework with 60% independent board members, a commitment to financial oversight, and high program expense ratio of 88.79%, indicating that a significant portion of its funds is directed toward its programs. However, the absence of certain policies, including a whistleblower policy and a document retention policy, could signify areas that require development to enhance organizational transparency.
Currently, there are no user reviews available from GreatNonprofits to provide additional insights into community sentiment regarding Universal Academy's services or impact. Overall, while the organization has a sound financial foundation, attention to governance policies and measuring impact will be essential for future growth and trust-building with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Universal Academy legitimate?
Universal Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Universal Academy 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: $312,643
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,109,987
For more financial information, click here
Official website here: www.uacsmn.org
What is the mission statement of Universal Academy?
Universal Academy's mission is centered around ensuring the success of all its students. This is achieved through providing them with high-quality education, empowerment, and support. The academy's dedicated and caring staff plays a significant role in this mission, creating a nurturing environment for the students. The learning community at Universal Academy strives to educate the whole child, catering to students from PreK to 8th grade. During the fiscal year ending in June 2022, the academy served approximately 400 students.
Official website here: www.uacsmn.org
Who is the CEO of Universal Academy?
Farhiya Einte is the Executive Director of Universal Academy.
Official website here: www.uacsmn.org
What is the revenue of Universal Academy?
Universal Academy's revenue in 2022 was $7,929,460.
Official website here: www.uacsmn.org
Who are the executives of Universal Academy and what are their salaries?
The average compensation at Universal Academy during 2022 was $32,596. There are 105 employees and 10 volunteers at Universal Academy.
Here are 7 key members and their salaries:
- Compensation: $157,250
- Related: $0
- Other: $0
- Compensation: $68,932
- Related: $0
- Other: $0
- Compensation: $62,836
- Related: $0
- Other: $0
- Compensation: $61,402
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.uacsmn.org
Where can I find the form 990 for Universal Academy?
Universal Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uacsmn.org
Learn more at the official website: www.uacsmn.org
Mission Statement of Universal Academy
Universal Academy, as a learning community, is committed to ensuring success for all its students. The institution provides high-quality education, empowerment, and support, fostering a nurturing environment. The Academy's staff plays a crucial role in this mission, offering their care and dedication to every student they serve. During the fiscal year ending in June 2022, Universal Academy served approximately 400 students from PreK-8th grade, demonstrating its commitment to educating the whole child.
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Impact
July, 2024
Universal Academy's impact is significant in providing high-quality learning, empowerment, and support to all students. Their dedicated staff creates a nurturing environment that fosters success for students in grades PreK-8. With an estimated 400 students served during the fiscal year ended June 30, 2022, Universal Academy plays a crucial role in educating the whole child and empowering them to reach their full potential. As a key player in the education sector in Minneapolis, MN, Universal Academy's mission to ensure success for all students is evident in their work and the outcomes they achieve.
This information is meant to be a general summary of Universal Academy. 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: $2,611
- Program Service Revenue: $7,193,265
- Gross Receipts: $7,929,460
Assets and Liabilities:
- Total Assets: $15,792,464
- Total Liabilities: $10,812,991
- Net Assets: $4,979,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Federal and State Sour
Revenue
$7,181,518
State Grants & Aid
Revenue
$11,747
Organization Details
Founding Year
2013
Phone
(651) 442-3124Principal Officer
Farhiya Einte
Main Address
2912 28th Ave S, Minneapolis, MN, 55406
Website
www.uacsmn.orgNTEE Category
Code: B29 - Education
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