Unity School Endowment Fund INC FY2021 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.

80¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · 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
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
22 mo
of spending, in cash
Looks good: 21.6 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
2
of 4 voting members
Fine: 2 of 4 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$260K
-37% vs prior year
Spent
$155K
To programs
80%
Net assets
$288K
By yearFY2020–FY2023
Revenue
$260K
FY2021▼ -37%
Revenue by fiscal year
FY2020$412K
FY2021$260K
FY2022$474K
FY2023$464K
Expenses
$155K
FY2021▼ -62%
Expenses by fiscal year
FY2020$413K
FY2021$155K
FY2022$589K
FY2023$638K
Net assets
$288K
FY2021▲ +57%
Net assets by fiscal year
FY2020$184K
FY2021$288K
FY2022$174K
FY2023$0

From the FY2021 Form 990 (year ending June 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $125K Management & general 9% · $15K Fundraising 10% · $16K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Unity School Endowment Fund INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

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

Provided by the organization

This section is blank until Unity School Endowment Fund INC claims this page.

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1 program service account for $125K of program spending, described in the organization's own filed words · FY2020.
01

Contribution to unity school for mortgage reduction, various programs and enrichments for the benefit of approximately 245 school children.

$125Kprogram 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

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$260K
Ln 12
Gifts and grantsLn 1h$260K
Investment incomeLn 3$87
Money outPt IX
$155K
Ln 25
Programscol B$125K
Managementcol C$15K
Fundraisingcol D$16K
Owns and owesPt X
$288K
net assets · Ln 32
Cash and savingsLn 1–2$280K
Total assetsLn 16$288K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$260K
Fundraising eventsLn 1c$38K
Investment incomeLn 3$87
Total revenueLn 12$260K
Assets in detailPt X, end of year
CashLn 1$4K
SavingsLn 2$275K
Cash and savings togetherLn 1–2$280K
Total assetsLn 16$288K
LiabilitiesLn 26$0
Net assetsLn 32$288K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$180K$280K
Total assetsLn 16$184K$288K
LiabilitiesLn 26$0$0
Net assetsLn 32$184K$288K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$125K$125K
Other fees for servicesLn 11g$6K$5K$750
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$23K$8K$15K
All other expensesLn 24e$458$70$388
Total functional expensesLn 25$155K$125K$15K$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $464K$638K−$174K$0 990 PDF
FY2022 $474K$589K−$114K$174K 990 PDF
FY2021 Viewing $260K$155K$104K$288K 990 PDF
FY2020 $412K$413K−$1K$184K 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
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $259,678 across 5 lines filed
VIII-1c Fundraising events$37,857
VIII-1f All other contributions, gifts and grants$221,734
VIII-1h Total contributions, gifts and grants$259,591
VIII-3 Investment incomeExcluded from tax $87$87
VIII-12 Total revenueExcluded from tax $87$259,678
Part IX · Statement of functional expenses $155,437 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $125,000$125,000
IX-11g Other fees for servicesManagement $5,251 · Fundraising $750$6,001
IX-23 InsuranceManagement $1,334$1,334
IX-24 Other expenses (24a–d)Management $7,946 · Fundraising $14,698$22,644
IX-24e All other expensesManagement $70 · Fundraising $388$458
IX-25 Total functional expensesPrograms $125,000 · Management $14,601 · Fundraising $15,836$155,437
Part X · Balance sheet $288,184 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $4,707$4,467
X-2 Savings and temporary cash investmentsStart of year $175,043$275,348
X-3 Pledges and grants receivableStart of year $3,693$8,369
X-16 Total assetsStart of year $183,943$288,184
X-26 Total liabilitiesStart of year $0$0
X-28 Net assets with donor restrictionsStart of year $183,943$288,184
X-32 Total net assets or fund balancesStart of year $183,943$288,184
X-33 Total liabilities and net assetsStart of year $183,943$288,184
Part XI · Reconciliation of net assets $288,184 net assets at year end
XI-1 Total revenue$259,678
XI-2 Total expenses$155,437
XI-3 Revenue less expenses$104,241
XI-4 Net assets at start of year$183,943
XI-10 Net assets at end of year$288,184

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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