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North Carolina · Nonprofit

UNION ACADEMY

UNION ACADEMY (North Carolina) receives grants from 7 organizations whose IRS filings report $36,484 to it, the largest being NORTH CAROLINA HIGH SCHOOL ATHLETIC ASSOCIATION INC ($16,798). 4 of them have funded it in more than one year.

Revenue FY2025
$25M
Funders on record
7
Grants received
$36k
Net assets
$17M
4/7 repeat funderspeak grant-dependency 0%
01What it does

What Union Academy does

Mission

Union Academy (ua) is a collaborative educational community that engages families and the broader community in the education and development of the whole child. Ua fosters learning that integrates high expectations for academic achievement with strong standards for character development within a structured environment. This environment is designed and supported by a motivated and well-resourced professional faculty.

As stated on its FY2025 Form 990.

Program

  1. Union Academy is a public school operated by a non-profit corporation, serving approximately 2,187 students in the fiscal year ended june 30, 2025.

    $16,843,457 spent$1,731,569 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $16,843,457.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($12M) Expenses 100 ($12M) Net assets 100 ($5.9M)2018 Revenue 123 ($15M) Expenses 113 ($14M) Net assets 121 ($7.2M)2019 Revenue 141 ($17M) Expenses 132 ($16M) Net assets 142 ($8.4M)2020 Revenue 146 ($18M) Expenses 135 ($16M) Net assets 166 ($9.9M)2021 Revenue 146 ($18M) Expenses 133 ($16M) Net assets 196 ($12M)2022 Revenue 169 ($20M) Expenses 154 ($18M) Net assets 229 ($14M)2023 Revenue 184 ($22M) Expenses 192 ($23M) Net assets 216 ($13M)2024 Revenue 204 ($25M) Expenses 191 ($23M) Net assets 246 ($15M)2025 Revenue 209 ($25M) Expenses 191 ($23M) Net assets 284 ($17M)
'17'18'19'20'21'22'23'24'25
Revenue (209)Expenses (191)Net assets (284)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $30M to $32M (+7%).

$27M
$28M
$30M
$32M
$33M
$34M
$33M
$35M
$36M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 91% · 2018 89% · 2019 90% · 2020 93% · 2021 99% · 2022 93% · 2023 93% · 2024 90% · 2025 91%. Grants only. Government contracts and fees sit inside program revenue.

91% of UNION ACADEMY’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$90k
’17
$1.3M
’18
$1.2M
’19
$1.5M
’20
$1.8M
’21
$1.9M
’22
−$741k
’23
$1.7M
’24
$2.3M
’25
8.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Nolan Mcbride

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed141618141717161819
Joined·+4+9+2+4+7+1+6+4
No longer listed·27617243
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income rose $3k → $4k.

1 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of UNION ACADEMY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

UNION ACADEMY leans on a few funders — its largest provides 46% of grant income and the top three 81%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

61% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund UNION ACADEMY.

46%
largest funder
81%
top three
~3
effective funders

Largest funder’s share by year: 2017 92% · 2018 100% · 2019 80% · 2020 87% · 2021 84% · 2022 56% · 2023 68% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

88% of UNION ACADEMY's grant income comes from North Carolina funders.

DE
NC
GA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $5k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

UNION ACADEMY holds deeper cash reserves than three-quarters of the 3,758 education nonprofits its size.

Operating margin9% · above the median
Months of reserve8.8mo · top quartile
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like UNION ACADEMY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

74% of spending goes to programs.

Program 74%Management 26%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Union Academy Foundation · exempt
  • Union Academy Private Pre-Kindergarten · exempt

Screen this organization

A dated, signed PDF of the compliance screen for UNION ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds UNION ACADEMY?
UNION ACADEMY (North Carolina) receives grants from 7 organizations whose IRS filings report $36,484 to it, the largest being NORTH CAROLINA HIGH SCHOOL ATHLETIC ASSOCIATION INC ($16,798). 4 of them have funded it in more than one year.
How many funders does UNION ACADEMY have?
IRS filings report 7 organizations giving $36,484 in grants to UNION ACADEMY, 4 of which have funded it in more than one year.
Who is the largest funder of UNION ACADEMY?
NORTH CAROLINA HIGH SCHOOL ATHLETIC ASSOCIATION INC is the largest funder on record, with $16,798 in grants. The full list of funders is on this page.
How can an organization like UNION ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Union Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing