UNIVERSITY ACADEMY

EIN: 462558352 501(c)(3)

AKRON, OH

Total Revenue
$2,415,931
Total Expenses
$2,616,198
Total Assets
N/A
Net Assets
N/A
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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
2013
Legal Domicile
OH
Principal Officer
JEAN LEE
Phone
3305357728
Tax Period
2019-07-01 to 2020-06-30

UNIVERSITY ACADEMY, founded in 2013, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2019.

Mission

TO PROVIDE A HIGH QUALITY ALTERNATIVE EDUCATION OPPORTUNITY FOR CHILDREN AGES 5-14, GRADES K-8

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $2,415,931
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,415,931

Expense Breakdown

Grants Paid $0
Salaries & Benefits $187,604
Fundraising Expenses $0
Program Expenses $2,497,738
Other Expenses $2,428,594
TOTAL EXPENSES $2,616,198

Year-over-Year Comparison

2019 2018 Change
Revenue $2,415,931 $2,463,828 0.0%
Expenses $2,616,198 $2,584,046 +0.0%
Net Income $-200,267 $-120,218 +0.7%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
5
$3,375
Total Directors
5
$4,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEAN LEE PRESIDENT 0.50
Officer Director
$875 $0 $875
MARILYN HOLLEY VICE PRESIDENT 0.30
Officer Director
$875 $0 $875
GWENDOLYN POOLE-CHAMBERS TREASURER 0.30
Officer Director
$750 $0 $750
ANGELA NEELEY SECRETARY 0.30
Officer Director
$875 $0 $875
MICHELLE SMITH DIRECTOR 0.30
Director
$875 $0 $875
JEFFREY A FOSTER CPA FISCAL OFFICER 1.00
Officer
$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
2020 $2,415,931 $2,616,198 No data $-200,267
2019 $2,463,828 $2,584,046 $915,862 $-120,218
2018 $2,070,982 $1,766,101 $1,468,667 $304,881
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