UMEP INC (EIN 261143407) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

KAYLA SMITH

Phone

2144456243

Tax Period

2024-09-01 to 2025-08-31

UMEP INC, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $19.3M in total revenue in fiscal year 2024. Expenses of $18.7M left a modest 3% surplus.

Mission

UME Preparatory Academy exists to produce college- and work-ready graduates who have a strong work ethic, firm grounding in core academic content, and major academic and vocational skills.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $18,509,002

Program Service Revenue $240,378

Investment Income $534,157

Other Revenue $0

TOTAL REVENUE $19,283,537

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,323,356

Fundraising Expenses $55,931

Program Expenses $15,840,335

Other Expenses $7,336,524

TOTAL EXPENSES $18,659,880

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,283,537	$18,768,837	+0.0%
Expenses	$18,659,880	$18,219,240	+0.0%
Net Income	$623,657	$549,597	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

325

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$188,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kayla Smith	Superintendent	40.00	Officer	$188,600	$0	$188,600
CHIKA CHUKWUOGO	Director	1.00	Director	$0	$0	$0
Amanda Glenney	Director	1.00	Director	$0	$0	$0
ROBIN COOLEY	Director	1.00	Director	$0	$0	$0
JOEL DIXON	Director	1.00	Director	$0	$0	$0
Susan Davis	Director	1.00	Director	$0	$0	$0
Allison Tomlinson	Director	1.00	Director	$0	$0	$0
BLAKE FLICKNER	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOSHUA LOPEZ	Director	1.00	Director	$0	$0	$0
Scott Graves	Chairman	1.00	Officer Director	$0	$0	$0
Chris Stewart	Treasurer	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$19,283,537	$18,659,880	$54,943,254	$623,657
2024	$18,768,837	$18,219,240	$56,830,086	$549,597
2023	$17,152,733	$14,801,618	$55,535,337	$2,351,115
2022	$15,525,456	$13,759,770	$28,691,444	$1,765,686
2021	$13,162,605	$11,435,742	$26,668,203	$1,726,863
2020	$10,782,048	$9,982,998	$25,023,206	$799,050
2019	$7,379,027	$6,593,701	$26,595,103	$785,326
2018	$6,815,095	$7,063,301	$24,491,774	$-248,206

UMEP INC