Union Schools Education Foundation INC EIN 73-1377860

Union Schools Education Foundation INC

EIN  73-1377860 Public charity (501(c)(3)) Tulsa, OK Founded 1991
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/13/26 · see original filing: IRS
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Size
$1–10M
What they do
Funds teachers for innovative classroom projects and supports school programs benefiting students.
Leadership
Shea Ludwig · Executive Dir. · $80K
Money in and out
$1.8M revenue, $1.4M expenses
Bottom line
90% program efficiency

Funds teachers for innovative classroom projects and supports school programs benefiting students. For fiscal year 2024 it reported $1.8M in revenue, $1.4M in expenses, and $5.1M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.8M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$5.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $402K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.06 Fundraising $0.05
Program efficiency
90%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
43.6mo
months of highly liquid reserves at operating expense rate▲ +14% vs prior filing year
Surplus margin
+23%
revenue over expenses, this year▲ +63% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.8M
FY2024▲ +18%
Expenses
$1.4M
FY2024▲ +6%
Total assets
$5.1M
FY2024▲ +18%
Total liabilities
$59K
FY2024▲ +644%
Total revenue
$1.8M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$5.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$402K
Total assetsPt X · Ln 16$5.1M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419
Mission & Programs · Part III

Where the work happens

3 program services account for $1.2M of program spending, described in the organization's own filed words · FY2024.
01

Grants to classroom instructors to fund creative teaching methods:materials to benefit union district students

$1.2Mprogram expense
02

Other program related expenses

$26Kprogram expense
03

Scholarships

$4Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUnion Schools Education Foundation INC
EINHdr · item D73-1377860
Principal addressHdr · item CTulsa, OK
WebsiteHdr · item Jwww.unionps.org/foundation
Year of formationHdr · item L1991
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90Z)
Ruling yearIRS BMFJun 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$80,000Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Shea Ludwig’s $80K as Executive Dir. is at the 19th percentile of top reported officer pay among 3393 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Shea Ludwig$80,000
Shea Ludwig$80,000$60,000$60,000$56,250$54,688

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$1.3M · 71%
Other revenue$469K · 26%
Investment income$54K · 3%
Contributions & grants71%$1.3M
Other revenue26%$469K
Investment income3%$54K
Total revenueLn 12$1.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.06 Fundraising $0.05
Program services90%$1.2M
Management & general6%$76K
Fundraising5%$63K
Total functional expensesLn 25$1.4M

Balance Sheet

Part X · end of year
CashLn 1$1.7M
Total assetsLn 16$5.1M
Total liabilitiesLn 26$59K
Total net assetsLn 32$5.1M
Months of cash on handcomputed14.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.0M · Operating expenses (Pt IX) $1.4M · Less non-cash grants $14K · Cash operating expenses/yr $1.4M
43.6 months
Where the money goes
Program services
Program services $1.2M · Total expenses $1.4M
90%
Management & General
Management & general $76K · Total expenses $1.4M
6%
Fundraising
Fundraising $63K · Total expenses $1.4M
5%
Cost to raise $1
Fundraising expense (3-yr avg) $58K · Solicited contributions (3-yr avg) $1.2M
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $1.8M
71%
Government reliance
Government grants — · Total revenue $1.8M
Earned-income share
Program service revenue $0 · Total revenue $1.8M
0%
Investment reliance
Investment income $54K · Total revenue $1.8M
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.4M
0%
Growth & trend
Revenue growth (YoY)
This year $1.8M · Prior year $1.5M
+18%
Revenue CAGR
FY2019 $1.5M · FY2024 $1.8M
+4%
Net-asset trend (YoY)
End of year $5.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.8M · Expenses $1.4M
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $5.1M
Net-asset ratio
Net assets $5.1M · Total assets $5.1M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.3M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.1M
64%
People & payroll
Highest Reported Total Compensation
Individual Shea Ludwig · Reported title EXECUTIVE DIR. · Highest reported compensation $80K · Total expenses $1.4M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $99K · Total expenses $1.4M
7%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 6%
Fundraising cost ratio 5%
Revenue growth 18%

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 11 grants · $5.7M · 2019–2024
Union Public SchoolsFY2024$1,210,248
Unitemized GrantFY2024$4,000
Union Public SchoolsFY2023$1,149,815
Unitemized GrantFY2023$7,912
Union Public SchoolsFY2022$756,718
Unitemized GrantFY2022$6,750
Union SchoolsFY2021$920,411
Unitemized GrantFY2021$6,061
Union SchoolsFY2020$697,011
Union SchoolsFY2019$928,689
Unitemized GrantFY2019$5,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$1.5M revenue · ⤓ 990 PDF
FY2023$1.4M revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$1.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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