UNION COUNTY PUBLIC EDUCATION FOUNDATION

Supporting Students and Encouraging Educators

aka Union County Education Foundation | Monroe, NC | www.ucedfoundation.org

GuideStar Charity Check

EIN: 27-4620790

Contributions tax deductible
as of November 2023

IRS BMF 509(a)(1)
as of November 13, 2023

View summary

Charity Check report

Mission

Our mission is "Supporting Students and Encouraging Educators" in Union County Public Schools

Ruling year info

2011

Executive Director

Mrs. Amy D Sperry

Main address

PO Box 909

Monroe, NC 28111 USA

Show more contact info

EIN

27-4620790

Subject area info

Elementary and secondary education

Human services

Population served info

Children and youth

Adults

NTEE code info

Fund Raising and/or Fund Distribution (P12)

Elementary, Secondary Ed (B20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

LIFT grants

To provide funding for innovative classroom projects or programs

Population(s) Served

Children and youth

Where we work

Affiliations & memberships

Association of Fundraising Professionals - Member 2002

External reviews

Financials

UNION COUNTY PUBLIC EDUCATION FOUNDATION

Fiscal year: Jul 01 - Jun 30

Financial documents

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023

SOURCE: IRS Form 990

89477.00

Average of 8947.70 over 10 years

Months of cash in 2023

SOURCE: IRS Form 990

11.1

Average of 1.1 over 10 years

Fringe rate in 2023

SOURCE: IRS Form 990

22%

Average of 2% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

UNION COUNTY PUBLIC EDUCATION FOUNDATION

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$53,730
Program Services	$0
Investments	$16
Special Events	$4,847
Sales	$0
Other	$0
Total Revenue	$58,593

Expenses
Grants	$32,794
Salaries & Employee Benefits	$0
Professional Fees	$750
Occupancy	$0
Printing, Publications, Postage, etc.	$721
Other Expenses	$9,304
Total Expenses	$43,569
Net Gain/Loss	$15,024

Revenue
Contributions	$63,263
Program Services	$0
Investments	$16
Special Events	$7,085
Sales	$0
Other	$0
Total Revenue	$70,364

Expenses
Grants	$36,868
Salaries & Employee Benefits	$900
Professional Fees	$2,410
Occupancy	$0
Printing, Publications, Postage, etc.	$936
Other Expenses	$10,574
Total Expenses	$51,688
Net Gain/Loss	$18,676

Revenue
Contributions	$54,675
Program Services	$22,869
Investments	$820
Special Events	$42,792
Sales	$0
Other	$0
Total Revenue	$121,156

Expenses
Grants	$29,949
Salaries & Employee Benefits	$900
Professional Fees	$9,340
Occupancy	$0
Printing, Publications, Postage, etc.	$1,291
Other Expenses	$57,169
Total Expenses	$98,649
Net Gain/Loss	$22,507

Revenue
Contributions	$77,180
Program Services	$10,500
Investments	$8
Special Events	$32,640
Sales	$0
Other	$5,193
Total Revenue	$125,521

Expenses
Grants	$0
Salaries & Employee Benefits	$905
Professional Fees	$876
Occupancy	$0
Printing, Publications, Postage, etc.	$1,157
Other Expenses	$117,011
Total Expenses	$119,949
Net Gain/Loss	$5,572

Revenue
Contributions	$69,166
Program Services	$4,000
Investments	$7
Special Events	$41,091
Sales	$0
Other	$7,377
Total Revenue	$121,641

Expenses
Grants	$0
Salaries & Employee Benefits	$35,900
Professional Fees	$948
Occupancy	$0
Printing, Publications, Postage, etc.	$856
Other Expenses	$74,969
Total Expenses	$112,673
Net Gain/Loss	$8,968

Revenue
Contributions	$84,517
Program Services	$0
Investments	$1
Special Events	$19,004
Sales	$0
Other	$0
Total Revenue	$103,522

Expenses
Grants	$41,219
Salaries & Employee Benefits	$40,964
Professional Fees	$4,350
Occupancy	$9,580
Printing, Publications, Postage, etc.	$1,637
Other Expenses	$16,092
Total Expenses	$113,842
Net Gain/Loss	($10,320)

Revenue
Contributions	$117,249
Program Services	$0
Investments	$4
Special Events	$6,302
Sales	$0
Other	$0
Total Revenue	$123,555

Expenses
Grants	$49,748
Salaries & Employee Benefits	$39,005
Professional Fees	$4,405
Occupancy	$12,263
Printing, Publications, Postage, etc.	$3,337
Other Expenses	$24,392
Total Expenses	$133,150
Net Gain/Loss	($9,595)

Revenue
Contributions	$117,975
Program Services	$0
Investments	$3
Special Events	$10,673
Sales	$0
Other	$0
Total Revenue	$128,651

Expenses
Grants	$36,800
Salaries & Employee Benefits	$38,639
Professional Fees	$4,325
Occupancy	$11,485
Printing, Publications, Postage, etc.	$2,480
Other Expenses	$21,857
Total Expenses	$115,586
Net Gain/Loss	$13,065

Revenue
Contributions	$157,222
Program Services	$0
Investments	$3
Special Events	$13,168
Sales	$0
Other	$0
Total Revenue	$170,393

Expenses
Grants	$47,981
Salaries & Employee Benefits	$40,880
Professional Fees	$4,650
Occupancy	$11,032
Printing, Publications, Postage, etc.	$1,984
Other Expenses	$29,808
Total Expenses	$136,335
Net Gain/Loss	$34,058

Revenue
Contributions	$249,940
Government Grants	$0
Program Services	$0
Investments	$1,105
Special Events	$10,748
Sales	$0
Other	$0
Total Revenue	$261,793

Expenses
Program Services	$126,688
Administration	$67,648
Fundraising	$0
Total Expenses	$194,336
Net Gain/Loss	$67,457

Functional expenses
Accounting Fees	$9,558
Advertising & Promotion	$5,452
Information Technology Expenses	$12,000
Insurance Expenses	$203
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

UNION COUNTY PUBLIC EDUCATION FOUNDATION

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jul 01, 2013	Jun 30, 2014	Change
Contributions	$53,730
Cash & Equivalents	$75,869	$93,718	$17,849
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$75,869	$93,718	$17,849

Liabilities	Jul 01, 2013	Jun 30, 2014	Change
Total Liabilities	$269	$3,094	$2,825

Fund balance	Jul 01, 2013	Jun 30, 2014	Change
Net Assets	$75,600	$90,624	$15,024

Assets	Jul 01, 2014	Jun 30, 2015	Change
Contributions	$63,263
Cash & Equivalents	$93,718	$108,444	$14,726
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$856	$856
Total Assets	$93,718	$109,300	$15,582

Liabilities	Jul 01, 2014	Jun 30, 2015	Change
Total Liabilities	$3,094	$0	($3,094)

Fund balance	Jul 01, 2014	Jun 30, 2015	Change
Net Assets	$90,624	$109,300	$18,676

Assets	Jul 01, 2015	Jun 30, 2016	Change
Contributions	$54,675
Cash & Equivalents	$108,445	$130,803	$22,358
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$856	$1,116	$260
Total Assets	$109,301	$131,919	$22,618

Liabilities	Jul 01, 2015	Jun 30, 2016	Change
Total Liabilities	$0	$111	$111

Fund balance	Jul 01, 2015	Jun 30, 2016	Change
Net Assets	$109,301	$131,808	$22,507

Assets	Jul 01, 2016	Jun 30, 2017	Change
Contributions	$77,180
Cash & Equivalents	$130,801	$136,936	$6,135
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$1,116	$576	($540)
Total Assets	$131,917	$137,512	$5,595

Liabilities	Jul 01, 2016	Jun 30, 2017	Change
Total Liabilities	$111	$134	$23

Fund balance	Jul 01, 2016	Jun 30, 2017	Change
Net Assets	$131,806	$137,378	$5,572

Assets	Jul 01, 2017	Jun 30, 2018	Change
Contributions	$69,166
Cash & Equivalents	$136,937	$147,546	$10,609
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$576	$690	$114
Total Assets	$137,513	$148,236	$10,723

Liabilities	Jul 01, 2017	Jun 30, 2018	Change
Total Liabilities	$134	$1,889	$1,755

Fund balance	Jul 01, 2017	Jun 30, 2018	Change
Net Assets	$137,379	$146,347	$8,968

Assets	Jul 01, 2018	Jun 30, 2019	Change
Contributions	$84,517
Cash & Equivalents	$147,546	$140,083	($7,463)
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$690	$424	($266)
Total Assets	$148,236	$140,507	($7,729)

Liabilities	Jul 01, 2018	Jun 30, 2019	Change
Total Liabilities	$1,888	$5,007	$3,119

Fund balance	Jul 01, 2018	Jun 30, 2019	Change
Net Assets	$146,348	$135,500	($10,848)

Assets	Jul 01, 2019	Jun 30, 2020	Change
Contributions	$117,249
Cash & Equivalents	$140,083	$122,012	($18,071)
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$424	$24	($400)
Total Assets	$140,507	$122,036	($18,471)

Liabilities	Jul 01, 2019	Jun 30, 2020	Change
Total Liabilities	$5,005	$0	($5,005)

Fund balance	Jul 01, 2019	Jun 30, 2020	Change
Net Assets	$135,502	$122,036	($13,466)

Assets	Jul 01, 2020	Jun 30, 2021	Change
Contributions	$117,975
Cash & Equivalents	$122,013	$152,232	$30,219
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$24	$60	$36
Total Assets	$122,037	$152,292	$30,255

Liabilities	Jul 01, 2020	Jun 30, 2021	Change
Total Liabilities	$0	$245	$245

Fund balance	Jul 01, 2020	Jun 30, 2021	Change
Net Assets	$122,037	$152,047	$30,010

Assets	Jul 01, 2021	Jun 30, 2022	Change
Contributions	$157,222
Cash & Equivalents	$152,233	$174,937	$22,704
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$60	$2,664	$2,604
Total Assets	$152,293	$177,601	$25,308

Liabilities	Jul 01, 2021	Jun 30, 2022	Change
Total Liabilities	$245	$87	($158)

Fund balance	Jul 01, 2021	Jun 30, 2022	Change
Net Assets	$152,048	$177,514	$25,466

Assets	Jul 01, 2022	Jun 30, 2023	Change
Contributions	$249,940
Cash & Equivalents	$112,678	$178,954	$66,276
Accounts Receivable	$2,282	$0	($2,282)
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$382	$171	($211)
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$62,259	$62,412	$153
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$4,603	$4,603
Total Assets	$177,601	$246,140	$68,539

Liabilities	Jul 01, 2022	Jun 30, 2023	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$87	$2	($85)
Total Liabilities	$87	$2	($85)

UNION COUNTY PUBLIC EDUCATION FOUNDATION

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of UNION COUNTY PUBLIC EDUCATION FOUNDATION’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jul 01 - Jun 30 View full report Download data

Business model indicators

Profitability	2023
Unrestricted surplus (deficit) before depreciation	$68,624
As % of expenses	35.3%
Unrestricted surplus (deficit) after depreciation	$68,624
As % of expenses	35.3%

Revenue composition
Total revenue (unrestricted & restricted)	$261,793
Total revenue, % change over prior year	0.0%
Program services revenue	0.0%
Membership dues	0.0%
Investment income	0.4%
Government grants	0.0%
All other grants and contributions	99.6%
Other revenue	0.0%

Expense composition
Total expenses before depreciation	$194,336
Total expenses, % change over prior year	0.0%
Personnel	12.6%
Professional fees	4.9%
Occupancy	5.7%
Interest	0.0%
Pass-through	19.0%
All other expenses	57.7%

Full cost components (estimated)	2023
Total expenses (after depreciation)	$194,336
One month of savings	$16,195
Debt principal payment	$0
Fixed asset additions	$0
Total full costs (estimated)	$210,531

Capital structure indicators

Liquidity	2023
Months of cash	11.1
Months of cash and investments	14.9
Months of estimated liquid unrestricted net assets	15.2

Balance sheet composition	2023
Cash	$178,954
Investments	$62,412
Receivables	$171
Gross land, buildings, equipment (LBE)	$0
Accumulated depreciation (as a % of LBE)	0.0%
Liabilities (as a % of assets)	0.0%
Unrestricted net assets	$246,138
Temporarily restricted net assets	N/A
Permanently restricted net assets	N/A
Total restricted net assets	$0
Total net assets	$246,138

Key data checks

Key data checks	2023
Material data errors	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

Executive Director

Mrs. Amy D Sperry

LinkedIn profile

Number of employees

Source: IRS Form 990

UNION COUNTY PUBLIC EDUCATION FOUNDATION

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

UNION COUNTY PUBLIC EDUCATION FOUNDATION

Board of directors
as of 10/10/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Mr. Bret Alexander

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Term: 2020 - 2023

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Organizational demographics

SOURCE: Self-reported; last updated 1/31/2022

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Female, Not transgender (cisgender)

Sexual orientation

Heterosexual or straight

Disability status

Person without a disability

Race & ethnicity

Gender identity

Sexual orientation

No data

Disability

No data

UNION COUNTY PUBLIC EDUCATION FOUNDATION

Supporting Students and Encouraging Educators

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

LIFT grants

Where we work

Affiliations & memberships

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2023 info

89477.00

Months of cash in 2023 info

11.1

Fringe rate in 2023 info

22%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

UNION COUNTY PUBLIC EDUCATION FOUNDATION

UNION COUNTY PUBLIC EDUCATION FOUNDATION

UNION COUNTY PUBLIC EDUCATION FOUNDATION

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Executive Director

Mrs. Amy D Sperry

Number of employees

UNION COUNTY PUBLIC EDUCATION FOUNDATION

Compensation data

UNION COUNTY PUBLIC EDUCATION FOUNDATION

Board of directors data

Mr. Bret Alexander

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2023

Months of cash in 2023

Fringe rate in 2023

Funding sources

Assets & liabilities