Overview
What is Union Academy Foundation?
Union Academy Foundation is a charitable organization based in Monroe, North Carolina, with an address at 675 N ML King Jr Blvd. Their primary mission is to accumulate funds and aid in the operation of Union Academy Charter School. They are committed to contributing to the school's smooth functioning, ensuring that it can provide quality education to its students. The foundation's activities revolve around this central goal, demonstrating their unwavering support for the school's growth and success.
Official website here: www.weareua.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Union Academy Foundation has received a Three-Star rating from Charity Navigator, reflecting an overall score of 77%. This score is derived entirely from its Accountability & Finance metrics, indicating a strong emphasis on financial responsibility. The foundation has demonstrated solid governance with a fully independent board and effective financial oversight, scoring full marks in categories such as independent board members and financial statements.
Strengths of the organization include a high program expense ratio of 78.81%, indicating that a significant portion of its expenditures is directed toward its charitable mission. Additionally, the foundation exhibits excellent fundraising efficiency, costing only $0.09 to raise a dollar, and boasts a lengthy working capital ratio of 9 years, suggesting financial stability and the ability to sustain operations over the long term.
However, the foundation does have notable limitations, as it lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, all of which received zero points. These gaps could raise concerns regarding governance practices and transparency, which are critical components of nonprofit accountability. Overall, while the Union Academy Foundation shows strengths in financial management, attention to its governance policies could further enhance its credibility.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Union Academy Foundation?
94% of 42 reviewers on Facebook recommend Union Academy Foundation. Here is a summary of their reviews:
Many users express strong appreciation for the school, highlighting the commitment of the staff and teachers to the success of each student. The supportive environment and individualized attention provided are frequently mentioned as key strengths, suggesting a positive culture aimed at fostering student achievement.
Overall, the sentiment reflects a high level of satisfaction with the educational experience at Union Academy Foundation, indicating that it effectively meets the needs of its students and their families.
This AI summary has been generated from reviews found on Facebook.
Is Union Academy Foundation legitimate?
Union Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union Academy Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $137,690
For more financial information, click here
Official website here: www.weareua.org/
What is the mission statement of Union Academy Foundation?
The Union Academy Foundation's primary mission is to gather funds and contribute to the operational needs of Union Academy Charter School. This non-profit organization seeks to support the school in various capacities, ensuring its smooth functioning and continued success. By raising funds, the foundation aims to contribute to the school's ongoing operations, thereby supporting the education of its students.
Official website here: www.weareua.org/
Who is the CEO of Union Academy Foundation?
Ray Black is the Chair of Union Academy Foundation.
Official website here: www.weareua.org/
What is the revenue of Union Academy Foundation?
Union Academy Foundation's revenue in 2022 was $1,621,778.
Official website here: www.weareua.org/
Who are the executives of Union Academy Foundation and what are their salaries?
There 80 volunteers at Union Academy Foundation.
Here are 15 key members and their salaries:
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Official website here: www.weareua.org/
Where can I find the form 990 for Union Academy Foundation?
Union Academy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.weareua.org/
Learn more at the official website: www.weareua.org/
Mission Statement of Union Academy Foundation
The Union Academy Foundation is dedicated to raising funds and offering assistance to ensure the smooth operation of Union Academy Charter School. This nonprofit organization's mission is to contribute financially and provide necessary resources to support the educational institution's daily operations. By doing so, the Foundation aims to contribute positively to the educational experience and success of the students attending Union Academy Charter School.
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Impact
July, 2024
The Union Academy Foundation's impact is focused on raising funds and providing support for the operations of Union Academy Charter School in Monroe, NC. Through its efforts, the foundation directly contributes to the educational experiences and opportunities available to students at the school. This support helps enhance the overall quality of education and programs offered at Union Academy, benefiting both students and the broader community.
This information is meant to be a general summary of Union Academy Foundation. 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: -$36,510
- Program Service Revenue: $891,972
- Gross Receipts: $1,744,073
Assets and Liabilities:
- Total Assets: $25,410,900
- Total Liabilities: $18,370,275
- Net Assets: $7,040,625
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$891,972
Organization Details
Founding Year
2001
Phone
(704) 238-9879Principal Officer
Ray Black
Main Address
675 N ML KING JR BLVD, MONROE, NC, 28110
Website
www.weareua.org/NTEE Category
Code: B11 - Education
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