Uunik Academy Inc
Uunik Academy Inc. shows consistent revenue growth and no officer compensation, with recent minor operating deficits.
EIN: 200537113 · Knoxville, TN · NTEE: P40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $200K |
| Program Spending | 85% |
| Net Assets | $35K |
| Transparency Score | 85/100 |
Is Uunik Academy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Uunik Academy Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Uunik Academy Inc
Uunik Academy Inc (EIN: 200537113) is a nonprofit organization based in Knoxville, TN, classified under NTEE code P40. The organization reported total revenue of $160K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Uunik Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Uunik Academy Inc is a small nonprofit that has been operating for 21 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 26.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $198K |
| Total Expenses | $200K |
| Surplus / Deficit | $-2,167 |
| Total Assets | $74K |
| Total Liabilities | $39K |
| Net Assets | $35K |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 53.3% |
| Months of Reserves | 4.4 months |
Financial Health Grade: C
In 2023, Uunik Academy Inc reported a deficit of $2K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 53.3% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Uunik Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.9% | +55.5% | +49.9% |
| 2022 | -10.8% | +14.2% | +0.6% |
| 2021 | +84.3% | +68.4% | +179.7% |
| 2020 | -2.3% | -18.0% | +182.0% |
| 2019 | +33.2% | +53.6% | -26.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Uunik Academy Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Uunik Academy Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 53.3%.
Executive Compensation Analysis
Uunik Academy Inc. reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a strong commitment to directing all financial resources towards its programmatic activities and operational needs, rather than executive remuneration.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Uunik Academy Inc's IRS 990 filings:
- Recent minor operating deficits in 2022 and 2023, where expenses slightly exceeded revenue.
Strengths
The following positive indicators were identified for Uunik Academy Inc:
- Consistent revenue growth over the past six years, indicating increasing support and activity.
- Significant growth in assets, demonstrating an accumulation of resources.
- 0% officer compensation reported across all filings, indicating a strong commitment to mission-focused spending.
- Positive net assets, even with recent liabilities, showing a healthy financial foundation.
Frequently Asked Questions about Uunik Academy Inc
Is Uunik Academy Inc a legitimate charity?
Uunik Academy Inc (EIN: 200537113) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $160K. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Uunik Academy Inc spend its money?
Uunik Academy Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Uunik Academy Inc tax-deductible?
Uunik Academy Inc is registered as a tax-exempt nonprofit (EIN: 200537113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Uunik Academy Inc's spending goes to programs?
Uunik Academy Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Uunik Academy Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Uunik Academy Inc is above average for NTEE category P40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Uunik Academy Inc located?
Uunik Academy Inc is headquartered in Knoxville, Tennessee and files with the IRS under EIN 200537113. It is classified under NTEE code P40.
How many years of IRS 990 filings does Uunik Academy Inc have?
Uunik Academy Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $160K in total revenue.
Is Uunik Academy Inc. financially stable?
Yes, Uunik Academy Inc. shows a trend of increasing revenue and assets over the past six years, from $60,180 in revenue and $8,428 in assets in 2018 to $198,103 in revenue and $74,007 in assets in 2023. While there were minor operating deficits in 2022 and 2023, the overall growth indicates a stable financial position.
How efficiently does Uunik Academy Inc. use its funds?
The organization appears to be highly efficient in its use of funds, particularly given the consistent reporting of 0% officer compensation. This suggests a significant portion of its expenses are directed towards its programs and essential operations, rather than administrative overhead or executive salaries.
What is the trend in Uunik Academy Inc.'s assets and liabilities?
Uunik Academy Inc.'s assets have grown substantially from $8,428 in 2018 to $74,007 in 2023. Liabilities have fluctuated, reaching $39,482 in 2023, which is a notable increase from previous years but still manageable relative to its growing asset base.
Filing History
IRS 990 filing history for Uunik Academy Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Uunik Academy Inc's revenue has grown by 229.2%, moving from $60K to $198K. Total assets increased by 778.1% over the same period, from $8K to $74K. Total functional expenses rose by 276.4%, from $53K to $200K. In its most recent filing year (2023), Uunik Academy Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $39K in liabilities against $74K in assets (debt-to-asset ratio: 53.3%), resulting in net assets of $35K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $198K | $200K | $74K | $39K | — | — |
| 2022 | $129K | $129K | $49K | $358 | — | View 990 |
| 2021 | $144K | $113K | $49K | $0 | — | View 990 |
| 2020 | $78K | $67K | $18K | $0 | — | View 990 |
| 2019 | $80K | $82K | $6K | $650 | — | View 990 |
| 2018 | $60K | $53K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $198K, expenses of $200K, and assets of $74K (revenue +53.9% year-over-year).
- 2022: Revenue of $129K, expenses of $129K, and assets of $49K (revenue -10.8% year-over-year).
- 2021: Revenue of $144K, expenses of $113K, and assets of $49K (revenue +84.3% year-over-year).
- 2020: Revenue of $78K, expenses of $67K, and assets of $18K (revenue -2.3% year-over-year).
- 2019: Revenue of $80K, expenses of $82K, and assets of $6K (revenue +33.2% year-over-year).
- 2018: Revenue of $60K, expenses of $53K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Uunik Academy Inc:
Data Sources and Methodology
This transparency report for Uunik Academy Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.