Unity School Endowment Fund INC FY2022 filing

Delray Beach, FLUnknown exempt organizationEIN 59-2529126

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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.

92¢ of each $1 spent went to programs.
$203K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$203K
to officers and key staff · 34% of spending
Concern: pay to officers and key staff is 34% of spending; over 30%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 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
$3K
2% of total assets
Looks good: liabilities are 2% 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
$474K
+83% vs prior year
Spent
$589K
To programs
92%
Net assets
$174K
By yearFY2020–FY2023
Revenue
$474K
FY2022▲ +83%
Revenue by fiscal year
FY2020$412K
FY2021$260K
FY2022$474K
FY2023$464K
Expenses
$589K
FY2022▲ +279%
Expenses by fiscal year
FY2020$413K
FY2021$155K
FY2022$589K
FY2023$638K
Net assets
$174K
FY2022▼ -40%
Net assets by fiscal year
FY2020$184K
FY2021$288K
FY2022$174K
FY2023$0

From the FY2022 Form 990 (year ending June 2022) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 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

92 cents of each dollar spent went to programs.

Program services 92% · $540K Management & general 3% · $17K Fundraising 5% · $32K

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

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Who runs it and what they're paid

4 people listed on the 990; $203K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$122,382Pt VII · Sec A
Treasurer
$80,161Pt 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

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1 program · $540K · in their own filed words · FY2021
01

Contribution to unity school for mortgage reduction, various programs and enrichments for the benefit of approximately 270 school children.

$540Kprogram expense

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 FY2022 990, line by line.

1The main four
Money inPt VIII
$474K
Ln 12
Gifts and grantsLn 1h$475K
Investment incomeLn 3−$585
Money outPt IX
$589K
Ln 25
Programscol B$540K
Managementcol C$17K
Fundraisingcol D$32K
Owns and owesPt X
$174K
net assets · Ln 32
Cash and savingsLn 1–2$173K
Total assetsLn 16$177K
LiabilitiesLn 26$3K
PeoplePt VI, VII
4
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$475K
Fundraising eventsLn 1c$159K
Investment incomeLn 3−$585
Total revenueLn 12$474K
Assets in detailPt X, end of year
CashLn 1$7K
SavingsLn 2$167K
Cash and savings togetherLn 1–2$173K
Total assetsLn 16$177K
LiabilitiesLn 26$3K
Net assetsLn 32$174K
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 FY22End FY22
Cash and savingsLn 1–2$280K$173K
Total assetsLn 16$288K$177K
LiabilitiesLn 26$0$3K
Net assetsLn 32$288K$174K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$540K$540K
Other fees for servicesLn 11g$9K$4K$5K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$35K$11K$23K
All other expensesLn 24e$3K$70$3K
Total functional expensesLn 25$589K$540K$17K$32K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $464K$638K−$174K$0 990 PDF
FY2022 Viewing $474K$589K−$114K$174K 990 PDF
FY2021 $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 FY2022 990 (5 parts)
Part I · Summary $474,325 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $259,591$474,910
I-9 Program service revenue$0
I-10 Investment incomePrior year $87−$585
I-11 Other revenue$0
I-12 Total revenuePrior year $259,678$474,325
I-13 Grants and similar amounts paidPrior year $125,000$539,837
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $30,437$48,799
I-18 Total expensesPrior year $155,437$588,636
I-19 Revenue less expensesPrior year $104,241−$114,311
Part VIII · Statement of revenue $474,325 across 5 lines filed
VIII-1c Fundraising events$159,020
VIII-1f All other contributions, gifts and grants$315,890
VIII-1h Total contributions, gifts and grants$474,910
VIII-3 Investment incomeExcluded from tax −$585−$585
VIII-12 Total revenueExcluded from tax −$585$474,325
Part IX · Statement of functional expenses $588,636 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $539,837$539,837
IX-11g Other fees for servicesManagement $4,255 · Fundraising $5,100$9,355
IX-23 InsuranceManagement $1,343$1,343
IX-24 Other expenses (24a–d)Management $11,383 · Fundraising $23,236$34,619
IX-24e All other expensesManagement $70 · Fundraising $3,412$3,482
IX-25 Total functional expensesPrograms $539,837 · Management $17,051 · Fundraising $31,748$588,636
Part X · Balance sheet $176,590 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $4,467$6,501
X-2 Savings and temporary cash investmentsStart of year $275,348$166,896
X-3 Pledges and grants receivableStart of year $8,369$3,193
X-16 Total assetsStart of year $288,184$176,590
X-17 Accounts payable and accrued expenses$2,717
X-26 Total liabilitiesStart of year $0$2,717
X-27 Net assets without donor restrictions$173,873
X-32 Total net assets or fund balancesStart of year $288,184$173,873
X-33 Total liabilities and net assetsStart of year $288,184$176,590
Part XI · Reconciliation of net assets $173,873 net assets at year end
XI-1 Total revenue$474,325
XI-2 Total expenses$588,636
XI-3 Revenue less expenses−$114,311
XI-4 Net assets at start of year$288,184
XI-10 Net assets at end of year$173,873

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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