UNIVERSITY AREA COMMUNITY DEVELOPMENT CORPORATION INC

EIN: 311624121 501(c)(3) Community Improvement

TAMPA, FL

Total Revenue
$7,001,347
Total Expenses
$6,281,719
Total Assets
$12,220,702
Net Assets
$9,696,802
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
FL
Principal Officer
SARAH COMBS
Phone
8135585212
Tax Period
2023-10-01 to 2024-09-30

UNIVERSITY AREA COMMUNITY DEVELOPMENT CORPORATION INC, founded in 1998, is a community nonprofit in the Community Improvement sector that reported $7.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $6.3M left a modest 10% surplus.

Mission

THE UNIVERSITY AREA COMMUNITY DEVELOPMENT CORPORATION, INC. (UACDC) IS A 501(C)(3) PUBLIC/PRIVATE PARTNERSHIP WHOSE MISSION IS CHILDREN AND FAMILY DEVELOPMENT, CRIME PREVENTION AND COMMERCE GROWTH. ITS PRIMARY FOCUS IS THE REDEVELOPMENT AND SUSTAINABILITY OF THE AT-RISK AREAS SURROUNDING THE TAMPA CAMPUS OF THE UNIVERSITY OF SOUTH FLORIDA.

Program Service Accomplishments

Program 1
Expenses: $2,273,827

PRODIGYPRODIGY IS A PIONEERING INITIATIVE DEDICATED TO THE HOLISTIC DEVELOPMENT OF AT-RISK YOUTH AGED 5-18. AT ITS CORE, PRODIGY IS A RESEARCH-DRIVEN PREVENTION PROGRAM LEVERAGING THE TRANSFORMATIVE...

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PRODIGYPRODIGY IS A PIONEERING INITIATIVE DEDICATED TO THE HOLISTIC DEVELOPMENT OF AT-RISK YOUTH AGED 5-18. AT ITS CORE, PRODIGY IS A RESEARCH-DRIVEN PREVENTION PROGRAM LEVERAGING THE TRANSFORMATIVE POWER OF VISUAL AND PERFORMING ARTS TO EQUIP YOUNG INDIVIDUALS WITH ESSENTIAL LIFE SKILLS. THROUGH A CURATED CURRICULUM ENCOMPASSING COMMUNICATION, LEADERSHIP, PROBLEM-SOLVING, ANGER MANAGEMENT, CAREER ASPIRATIONS, AND GOAL SETTING, PRODIGY FOSTERS AN ENVIRONMENT WHERE PARTICIPANTS CAN THRIVE.CENTRAL TO THE PRODIGY EXPERIENCE ARE THE ARTS CLASSES LED BY SEASONED PROFESSIONALS WHO SERVE NOT ONLY AS INSTRUCTORS BUT ALSO AS MENTORS. BY NURTURING CREATIVITY AND SELF-EXPRESSION, THESE CLASSES INSTILL SELF-CONFIDENCE AND EMPOWER YOUTH TO SHOWCASE THEIR TALENTS WHILE CULTIVATING POSITIVE HABITS FOR LONG-TERM SUCCESS. INDEPENDENT RESEARCH AND ENDORSEMENT FROM THE FLORIDA DEPARTMENT OF JUVENILE JUSTICE UNDERSCORE PRODIGY'S EFFECTIVENESS, TOUTING A 99% NON-RECEDIVISM RATE WHICH IS ONE OF THE BEST IN THE STATE. IN ADDITION TO ITS FOCUS ON YOUTH, PRODIGY EXTENDS ITS IMPACT THROUGH ARTREACH ACTIVITIES TAILORED TO INDIVIDUALS OF ALL AGES, WITH A SPECIAL EMPHASIS ON OLDER ADULTS AND SENIORS. SUPPORTED BY A MIX OF FUNDING SOURCES, ARTREACH SESSIONS OFFER A PLATFORM FOR CREATIVITY, MENTAL STIMULATION, AND SOCIAL ENGAGEMENT, CONTRIBUTING SIGNIFICANTLY TO OVERALL WELL-BEING. NOTABLY, DURING THE PANDEMIC, VIRTUAL ARTREACH SESSIONS PROVED TO BE A LIFELINE FOR SOCIALLY ISOLATED SENIORS, HIGHLIGHTING THE PROGRAM'S ADAPTABILITY AND RELEVANCE.PRODIGY'S COMMITMENT TO COMMUNITY ENRICHMENT IS FURTHER EVIDENCED BY ITS REMARKABLE REACH AND COST-EFFICIENCY. HAVING SERVED OVER 46,000 YOUTH IN THE PAST 25 YEARS, PRODIGY'S IMPACT SPANS ACROSS WEST CENTRAL FLORIDA, YIELDING SUBSTANTIAL ANNUAL SAVINGS FOR THE FLORIDA DEPARTMENT OF JUVENILE JUSTICE. REMARKABLY, PRODIGY ACHIEVES THIS IMPACT AT AN AVERAGE COST OF LESS THAN $2,000 PER STUDENT PER YEAR, POSITIONING IT AS ONE OF THE MOST COST-EFFECTIVE PREVENTION PROGRAMS AVAILABLE.MOREOVER, PRODIGY MOVES! EXEMPLIFIES THE PROGRAM'S INNOVATIVE APPROACH BY BRINGING MOBILE ARTS CLASSROOMS DIRECTLY TO YOUTH IN HIGH-RISK NEIGHBORHOODS ACROSS SEVEN COUNTIES IN WEST CENTRAL FLORIDA. THIS MOBILE COMPONENT ENSURES ACCESSIBILITY, BRIDGING GAPS AND EMPOWERING COMMUNITIES THROUGH THE TRANSFORMATIVE POWER OF THE ARTS.IN SUMMARY, PRODIGY ARTS STANDS AS A BEACON OF HOPE AND OPPORTUNITY, OFFERING A PROVEN PATHWAY FOR AT-RISK YOUTH TO UNLOCK THEIR FULL POTENTIAL, WHILE SIMULTANEOUSLY ENRICHING COMMUNITIES AND FOSTERING SOCIAL COHESION THROUGH THE UNIVERSAL LANGUAGE OF ART.

Program 2
Expenses: $327,722

STEPS FOR SUCCESSSTEPS FOR SUCCESS IS DEDICATED TO BREAKING THE CYCLE OF POVERTY BY OFFERING PERSONALIZED GUIDANCE AND TAILORED GOAL PLANS TO INDIVIDUALS DETERMINED TO IMPROVE THEIR CIRCUMSTANCES AND...

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STEPS FOR SUCCESSSTEPS FOR SUCCESS IS DEDICATED TO BREAKING THE CYCLE OF POVERTY BY OFFERING PERSONALIZED GUIDANCE AND TAILORED GOAL PLANS TO INDIVIDUALS DETERMINED TO IMPROVE THEIR CIRCUMSTANCES AND MOVE BEYOND RELIANCE ON GOVERNMENT ASSISTANCE. THROUGH OUR ONE-ON-ONE APPROACH, STEPS NAVIGATORS PROVIDE CRUCIAL SUPPORT TO MITIGATE CRISES, PREVENT HOMELESSNESS, AND STABILIZE PROGRAM PARTICIPANTS ON THEIR JOURNEY TOWARD SELF-SUFFICIENCY.AT THE HEART OF STEPS FOR SUCCESS ARE THREE ESSENTIAL PLANNING TOOLS:1. PRESCRIPTION FOR PROSPERITY: THIS COMPREHENSIVE PLAN OUTLINES PATHWAYS TO EDUCATIONAL TRAINING, CAREER ADVANCEMENT, OR ENTREPRENEURSHIP TAILORED TO EACH INDIVIDUAL'S ASPIRATIONS AND POTENTIAL FOR SUCCESS.2. INDIVIDUALIZED GOAL PLAN (IGP): EACH PARTICIPANT RECEIVES A PERSONALIZED ROADMAP FOR LIFE IMPROVEMENT, FEATURING SPECIFIC GOALS, DEADLINES, AND STRATEGIES TO OVERCOME CHALLENGES IDENTIFIED IN THE PRESCRIPTION FOR PROSPERITY.3. NETWORK OF SUPPORT: REGULAR MEETINGS OF THIS NETWORK FACILITATE DISCUSSIONS ON PROGRESS TOWARD IGP GOALS AND ALLOW FOR ADJUSTMENTS TO BE MADE AS NEEDED, ENSURING ONGOING GUIDANCE AND ACCOUNTABILITY.A RECENT COLLABORATION WITH DEPARTMENT OF CHILDREN AND FAMILIES HAS BOLSTERED OUR EFFORTS, ENABLING THE ADDITION OF A NEW NAVIGATOR POSITION AND EXPANDING OUR PROGRAM'S CAPACITY TO ASSIST ADDITIONAL FAMILIES ANNUALLY.KEY STATISTICS AND FACTS ABOUT THE STEPS FOR SUCCESS PROGRAM HIGHLIGHT ITS IMPACT:- 70% OF ENROLLED FAMILIES SECURE SAFE HOUSING THROUGH OUR PROGRAM, EFFECTIVELY PREVENTING HOMELESSNESS AND PROVIDING STABILITY FOR HUNDREDS OF INDIVIDUALS.- 70% OF PARTICIPANTS FIND EMPLOYMENT OR IMPROVE THEIR JOB SITUATION UPON JOINING STEPS FOR SUCCESS, EMPOWERING THEM TO ACHIEVE FINANCIAL INDEPENDENCE AND BUILD BRIGHTER FUTURES.- OVER 600 HOUSEHOLDS, COMPRISING APPROXIMATELY 3,000 CHILDREN AND ADULTS, HAVE BENEFITED FROM THE PERSONALIZED SUPPORT AND RESOURCES OFFERED BY STEPS FOR SUCCESS, UNDERSCORING THE PROGRAM'S REACH AND EFFECTIVENESS.THROUGH OUR COLLABORATIVE APPROACH AND UNWAVERING COMMITMENT TO EMPOWERING INDIVIDUALS AND FAMILIES, STEPS FOR SUCCESS CONTINUES TO MAKE SIGNIFICANT STRIDES IN TRANSFORMING LIVES AND BUILDING STRONGER, MORE RESILIENT COMMUNITIES.

Program 3
Expenses: $86,158

WORKFORCE DEVELOPMENT THE UNIVERSITY AREA INVEST WORKFORCE PROGRAM IS DEDICATED TO EMPOWERING INDIVIDUALS AND FAMILIES BY FACILITATING ACCESS TO RESOURCES THAT FOSTER LONG-TERM SELF-SUFFICIENCY...

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WORKFORCE DEVELOPMENT THE UNIVERSITY AREA INVEST WORKFORCE PROGRAM IS DEDICATED TO EMPOWERING INDIVIDUALS AND FAMILIES BY FACILITATING ACCESS TO RESOURCES THAT FOSTER LONG-TERM SELF-SUFFICIENCY. THROUGH A COMMUNITY-BASED APPROACH, OUR PROGRAM EQUIPS RESIDENTS, INCLUDING NON-FLUENT ENGLISH SPEAKERS, WITH THE TOOLS, KNOWLEDGE, AND SUPPORT NECESSARY TO EMBARK ON SUCCESSFUL CAREER PATHS.CENTRAL TO OUR INITIATIVE IS THE PROVISION OF INTERNET ACCESS, INDUSTRY-SPECIFIC TRAINING, AND COMPREHENSIVE JOB SEARCH ASSISTANCE TO HELP INDIVIDUALS INITIATE AND NAVIGATE THEIR EMPLOYMENT JOURNEY EFFECTIVELY. EVEN THOSE WHO ARE CURRENTLY EMPLOYED CAN BENEFIT FROM OUR OFFERINGS BY ENHANCING THEIR SKILLS, THEREBY POSITIONING THEMSELVES FOR CAREER ADVANCEMENT OPPORTUNITIES.OUR COMPUTER LAB, ACCESSIBLE TO THE PUBLIC ON WEEKDAYS, SERVES AS A VITAL RESOURCE HUB, OFFERING A MYRIAD OF SERVICES AT NO COST. FROM CONDUCTING RESEARCH AND SEEKING EMPLOYMENT TO OBTAINING CERTIFICATIONS AND PARTICIPATING IN JOB TRAINING WORKSHOPS, INDIVIDUALS CAN LEVERAGE THE LAB TO ENHANCE THEIR EMPLOYABILITY AND PROFESSIONAL DEVELOPMENT.KEY FEATURES OF THE UNIVERSITY AREA INVEST WORKFORCE PROGRAM INCLUDE: - UNLIMITED ACCESS TO COMPUTERS AND INTERNET - COMPUTER TRAINING 101 - MICROSOFT OFFICE CERTIFICATIONS - JOB READINESS WORKSHOPS - JOB SEARCH ASSISTANCE - JOB PLACEMENT ASSISTANCE - SOFT SKILLS TRAINING - INDUSTRY-SPECIFIC TRAININGS AND CERTIFICATIONSANNUALLY, OUR COMPUTER LAB SERVES APPROXIMATELY 500 INDIVIDUALS, CATERING TO THEIR DIVERSE NEEDS, WHETHER IT BE JOB SEARCH ENDEAVORS, SKILL DEVELOPMENT, OR APPLICATION ASSISTANCE. GIVEN THE PREVALENCE OF ONLINE JOB LISTINGS, ACCESS TO A COMPUTER IS INDISPENSABLE FOR SECURING EMPLOYMENT, AND OUR PROGRAM ENSURES THAT INDIVIDUALS HAVE THE NECESSARY RESOURCES AND SUPPORT TO NAVIGATE THIS PROCESS SUCCESSFULLY.FURTHERMORE, OUR TEAM PROVIDES PERSONALIZED ASSISTANCE, INCLUDING GUIDANCE ON CRAFTING COVER LETTERS AND RESUMES, DISCUSSING INTERVIEW BEST PRACTICES, AND FACILITATING FOLLOW-UP COMMUNICATIONS WITH POTENTIAL EMPLOYERS, THEREBY MAXIMIZING INDIVIDUALS' CHANCES OF SECURING MEANINGFUL EMPLOYMENT OPPORTUNITIES.THROUGH THE UNIVERSITY AREA INVEST WORKFORCE PROGRAM, WE ARE COMMITTED TO EMPOWERING OUR COMMUNITY MEMBERS WITH THE SKILLS, KNOWLEDGE, AND RESOURCES NEEDED TO ACHIEVE THEIR CAREER GOALS AND PAVE THE WAY FOR LONG-TERM ECONOMIC STABILITY AND PROSPERITY.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,734,778
Program Service Revenue $2,230,113
Investment Income $48,744
Other Revenue $-12,288
TOTAL REVENUE $7,001,347

Expense Breakdown

Grants Paid $432,390
Salaries & Benefits $3,311,243
Fundraising Expenses $293,347
Program Expenses $5,263,039
Other Expenses $2,538,086
TOTAL EXPENSES $6,281,719

Year-over-Year Comparison

2023 2022 Change
Revenue $7,001,347 $6,173,158 +0.1%
Expenses $6,281,719 $6,499,617 0.0%
Net Income $719,628 $-326,459 -3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
62
Volunteers
10000

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
8
$366,416
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ERIC EISENBERG CHAIRMAN 10.00
Officer Director
$0 $0 $0
LEON PAGE VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
FRANCIS JOSEPH TREASURER 5.00
Officer Director
$0 $0 $0
DARLENE STAUNKO SECRETARY 5.00
Officer Director
$0 $0 $0
TONY COLEMAN DIRECTOR/IMM. PAST CHAIRMA 2.00
Officer Director
$0 $0 $0
VICTOR CRIST CHAIRMAN EMERITUS 2.00
Officer Director
$0 $0 $0
GENE MARSHALL DIRECTOR 2.00
Director
$0 $0 $0
JON DENGLER DIRECTOR 2.00
Director
$0 $0 $0
JULIA SAFINA DIRECTOR 2.00
Director
$0 $0 $0
KENNETH JONES DIRECTOR 2.00
Director
$0 $0 $0
MAJOR JAMES JACKSON DIRECTOR 2.00
Director
$0 $0 $0
MARK DOWNING DIRECTOR 2.00
Director
$0 $0 $0
MARK SHARPE DIRECTOR 2.00
Director
$0 $0 $0
NEALY WHEAT DIRECTOR 2.00
Director
$0 $0 $0
NOEMI CRUZ DIRECTOR 2.00
Director
$0 $0 $0
PAMELA HATLEY DIRECTOR 2.00
Director
$0 $0 $0
PATRICE GINGRAS DIRECTOR 2.00
Director
$0 $0 $0
ROSS FABAIN DIRECTOR 2.00
Director
$0 $0 $0
TONY SADIKU DIRECTOR 2.00
Director
$0 $0 $0
TYSON DAVIS DIRECTOR 2.00
Director
$0 $0 $0
SARAH COMBS EXECUTIVE DIRECTOR/ CEO 50.00
Officer
$238,773 $7,163 $245,936
ROB ZIMPRICH CFO 50.00
Officer
$113,351 $7,129 $120,480
JAREE ERVIN CHIEF DEVELOPMENT OFFICER 50.00
Highest
$101,113 $4,617 $105,730
BREE LUCKIE CHIEF COMMUNICATION OFFICER 50.00
Highest
$102,010 $3,495 $105,505
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
2024 $7,001,347 $6,281,719 $12,220,702 $719,628
2023 $6,173,158 $6,499,617 $12,292,443 $-326,459
2022 $6,119,528 $5,800,223 $12,105,993 $319,305
2021 $5,875,333 $5,635,628 $12,749,613 $239,705
2020 $5,423,309 $5,333,469 $11,864,814 $89,840
2019 $5,763,132 $5,508,805 $11,520,805 $254,327
2018 $4,186,178 $4,598,904 $10,987,703 $-412,726
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