Unity School Endowment Fund INC FY2020 filing

Delray Beach, FLUnknown exempt organizationEIN 59-2529126

Raise monies through donations from the public (individuals, corporations, trusts, etc.) and from special events (ie. Book fairs, auctions, raffles, etc.) and contribute these funds to unity school for additional enrichments and activities that benefit approximately 290 school children from preschool through grade eight.

83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $46K a year · 11% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 7 voting members
Looks good: 5 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$412K
Spent
$413K
To programs
83%
Net assets
$184K
By yearFY2020–FY2023
Revenue
$412K
FY2020
Revenue by fiscal year
FY2020$412K
FY2021$260K
FY2022$474K
FY2023$464K
Expenses
$413K
FY2020
Expenses by fiscal year
FY2020$413K
FY2021$155K
FY2022$589K
FY2023$638K
Net assets
$184K
FY2020
Net assets by fiscal year
FY2020$184K
FY2021$288K
FY2022$174K
FY2023$0

From the FY2020 Form 990 (year ending June 2020) · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Last filed FY2023 — 4 yrs ago
Legal name (IRS)Hdr · item CUnity School Endowment Fund INC
EINHdr · item D59-2529126
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2023 · Form 990
Principal addressHdr · item CDelray Beach, FL
NTEE classificationIRS BMFNonprofit

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.05 Fundraising $0.12
Program services83%$345K
Management & general5%$19K
Fundraising12%$49K
Total functional expensesLn 25$413K

Finances

Money in and out, what it owns and owes

Surplus or deficit
-0.3%
as % of revenue, this year
Program spending
83%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$184K
FY2020
Total assets by fiscal year
FY2020$184K
FY2021$288K
FY2022$177K
FY2023$0
Total liabilities
$0
FY2020
Total liabilities by fiscal year
FY2020$0
FY2021$0
FY2022$3K
FY2023$0
Revenue less expensesPt I · Ln 19−$1K
Total assetsPt X · Ln 16$184K
Spent on programsPt IX · col B83%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$180K
Total assetsLn 16$184K
Total liabilitiesLn 26$0
Total net assetsLn 32$184K
Months of cash on handcomputed5.2

Statement of Revenue

Part VIII
Contributions & grants$409K · 99%
Investment income$3K · 1%
Contributions & grants99%$409K
Investment income1%$3K
Total revenueLn 12$412K

Money in detail

Form 990 · FY2020 · each figure shown with the dollars behind it
Cash and giving out
Months of spending covered by cash
Cash and easy-to-sell investments $180K · Operating expenses/yr $413K
5.2 months
Where the money goes
Program services
Program services $345K · Total expenses $413K
83%
Management & General
Management & general $19K · Total expenses $413K
5%
Fundraising
Fundraising $49K · Total expenses $413K
12%
Cost to raise $1
Fundraising expense $49K · Solicited contributions $409K
$0.12 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $409K · Total revenue $412K
99%
Government reliance
Government grants — · Total revenue $412K
—
Earned-income share
Program service revenue $0 · Total revenue $412K
0%
Investment reliance
Investment income $3K · Total revenue $412K
+0.8%
Program self-sufficiency
Program service revenue $0 · Total expenses $413K
0%
Growth & trend
Revenue change from last year
This year $412K · Prior year —
No prior year on file
Net assets change over the year
End of year $184K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus or deficit, as % of revenue
Revenue $412K · Expenses $413K
-0.3%
Debts compared to what it owns
Total liabilities — · Total assets $184K
—
Net assets compared to what it owns
Net assets $184K · Total assets $184K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $184K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Louis St Laurent · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $413K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $413K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Spent on programs 83%——
Spent on management, % of spending 5%——
Fundraising cost, % of gifts 12%——

Straight from the Form 990 — descriptive, not an evaluation. A share is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Unity School Endowment Fund INC executive salaries →

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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Raises money through donations and events to fund enrichment activities for 290 school children.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $345K of program spending, described in the organization's own filed words · FY2019.
01

Contribution to unity school for mortgage reduction, various programs and enrichments for the benefit of approximately 290 school children.

$345Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$25K
Grants paid · 4 grants · $1.6M · 2019–2022
Unity of Delray BeachFL · FY2022$584,543
Unity of Delray BeachFL · FY2021$539,837
Unity of Delray BeachFL · FY2020$125,000
Unity of Delray BeachFL · FY2019$344,705

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2023 Latest $464K$638K-2% 990 PDF
FY2022 $474K$589K+83% 990 PDF
FY2021 $260K$155K-37% 990 PDF
FY2020 Viewing $412K$413K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2020

Every line we hold from the return, cited to its Part and line.
Part VIII · Statement of revenue $412,306 across 5 lines filed
VIII-1c Fundraising events$196,968
VIII-1f All other contributions, gifts and grants$212,182
VIII-1h Total contributions, gifts and grants$409,150
VIII-3 Investment incomeExcluded from tax $3,156$3,156
VIII-12 Total revenueExcluded from tax $3,156$412,306
Part IX · Statement of functional expenses $413,404 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $344,705$344,705
IX-11g Other fees for servicesManagement $4,330 · Fundraising $5,502$9,832
IX-13 Office expensesManagement $195 · Fundraising $966$1,161
IX-23 InsuranceManagement $1,308 · Fundraising $278$1,586
IX-24 Other expenses (24a–d)Management $5,798 · Fundraising $41,753$47,551
IX-24e All other expensesManagement $7,774 · Fundraising $795$8,569
IX-25 Total functional expensesPrograms $344,705 · Management $19,405 · Fundraising $49,294$413,404
Part X · Balance sheet $183,943 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $31,884$4,707
X-2 Savings and temporary cash investmentsStart of year $143,714$175,043
X-3 Pledges and grants receivableStart of year $3,193$3,693
X-9 Prepaid expenses and deferred chargesStart of year $6,250$500
X-16 Total assetsStart of year $185,041$183,943
X-26 Total liabilitiesStart of year $0$0
X-28 Net assets with donor restrictionsStart of year $185,041$183,943
X-32 Total net assets or fund balancesStart of year $185,041$183,943
X-33 Total liabilities and net assetsStart of year $185,041$183,943
Part XI · Reconciliation of net assets $183,943 net assets at year end
XI-1 Total revenue$412,306
XI-2 Total expenses$413,404
XI-3 Revenue less expenses−$1,098
XI-4 Net assets at start of year$185,041
XI-10 Net assets at end of year$183,943

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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