Union Academy Foundation
Monroe, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,100,382↑153% | $1,258,951↑21% | $27,306,109↑7% | |
| 2022 | $1,621,778↓9% | $1,043,509↑4% | $25,410,900↓1% | — |
| 2021 | $1,784,995↑17% | $1,002,546↓26% | $25,651,211 | — |
| 2020 | $1,520,714↓34% | $1,360,858↑19% | $25,724,032↓3% | — |
| 2019 | $2,289,094↑80% | $1,139,786↑24% | $26,464,115↑12% | — |
| 2018 | $1,270,453↓1% | $921,041↑61% | $23,560,293↑92% | — |
| 2017 | $1,276,893↑43% | $571,540 | $12,287,647↑34% | — |
| 2016 | $893,054↑205% | $573,714↑8% | $9,140,821 | — |
| 2015 | $292,632↓64% | $529,249↑15% | $9,135,848↓6% | — |
| 2014 | $804,676↓8% | $461,230↑3% | $9,684,622↑9% | — |
| 2013 | $877,440↑55% | $449,549↑8% | $8,885,940↑20% | — |
| 2012 | $564,272 | $416,918 | $7,423,188 | — |
Frequently Asked Questions
What does Union Academy Foundation do?▼
Union Academy Foundation is a education nonprofit organization based in North Carolina. It is classified under NTEE code B11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Union Academy Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Union Academy Foundation has a score of 82/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Union Academy Foundation generate?▼
Union Academy Foundation reports $3.2M in annual revenue and holds $28.3M in total assets, based on IRS filings.
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