UNITE INC

EIN: 810711157 501(c)(3) Human Services

LAFAYETTE, AL

Total Revenue
$318,018
Total Expenses
$196,619
Total Assets
$163,126
Net Assets
$163,126
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
AL
Principal Officer
TRAVIS SMITH
Phone
3344971042
Tax Period
2024-01-01 to 2024-12-31

UNITE INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $318K in total revenue in fiscal year 2024. The organization ran a surplus of $121K, a strong 38% operating margin.

Mission

The mission of UNITE Inc. is to promote leadership, scholarship, and social awareness while motivating and empowering the youth to dream and excel in every aspect of life. We strive to connect high school students to HBCUs and HBCU students to opportunities.

Program Service Accomplishments

Program 1
Expenses: $96,462 Revenue: $245,000

College Prep - Unite College Preparation Program aims to increase college access, achievement, and degree attainment among rural high school students. The two year program prepares high school 9th -...

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College Prep - Unite College Preparation Program aims to increase college access, achievement, and degree attainment among rural high school students. The two year program prepares high school 9th - 12th graders in Chamber and Lee County to transition into higher education through professional development workshops, ACT preparation courses, and college transition coaching. College preparation and transition programs for high school students play a crucial role in equipping students with the necessary skills, knowledge, and support to succeed in higher education.

Program 2
Expenses: $23,911 Revenue: $47,663

HBCU College Tour - The objective of the HBCU College Tour is to rovide campus exposure and cultural enrichment to our students. Each year during spring break, the students participate in a week long...

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HBCU College Tour - The objective of the HBCU College Tour is to rovide campus exposure and cultural enrichment to our students. Each year during spring break, the students participate in a week long HBCU college tour. During this time, our students tour 8-12 schools. The students are afforded the opportunity to get an up-close glimpse of the institution and in-depth historical lessons on each ins

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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 (2024)

Revenue Breakdown

Contributions & Grants $318,018
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $318,018

Expense Breakdown

Grants Paid $0
Salaries & Benefits $82,331
Fundraising Expenses $0
Program Expenses $120,373
Other Expenses $114,288
TOTAL EXPENSES $196,619

Year-over-Year Comparison

2024 2023 Change
Revenue $318,018 N/A N/A
Expenses $196,619 N/A N/A
Net Income $121,399 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
4

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
3
$42,430
Total Directors
1
$33,830
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRAVIS SMITH EXECUTIVE DIRECTOR 10.00
Director
$33,830 $0 $33,830
JEREMIAH STREETER Officer 1.00
Officer
$17,494 $0 $17,494
SHENICE SMITH Officer 1.00
Officer
$14,000 $0 $14,000
TRECARYA MITCHELL Officer 1.00
Officer
$10,936 $0 $10,936
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 $318,018 $196,619 $163,126 $121,399
2021 $230,315 $206,108 $73,240 $24,207
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