Civic Intelligence

Union Day School Inc.

EIN 47-1782363 • 501(c)3 • Weddington, NC

Pub. 78 EligibleNTEE B29

Profile

Union day school will deliver a rigorous and content-rich education to a diverse community of students, in a shared conviction that each student will achieve high quality academic success and enriched personal growth.

3000 Tilley Morris RoadWeddington, NC 28104

www.uniondayschool.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.08x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.03x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

49th percentile

4.1%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

75th percentile

16%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2024

Revenue Growth

50th percentile

7.2%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2024

Assets

Up

$2,683,475

Up $287,744 (+12%) from 2023

Liabilities

Down

$222,663

Down $432 (-0.2%) from 2023

Net Assets

Up

$2,460,812

Up $288,176 (+13%) from 2023

Revenue

Up

$6,951,483

Up $1,257,877 (+22%) from 2023

Expenses

Up

$6,663,307

Up $1,120,353 (+20%) from 2023

Net Income

Up

$288,176

Up $137,524 (+91%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2014: $1Liabilities 2014: $02014Assets 2015: $0Liabilities 2015: $02015Assets 2016: $1Liabilities 2016: $02016Assets 2017: $358,178Liabilities 2017: $180,267Net Assets 2017: $177,9112017Assets 2018: $737,811Liabilities 2018: $242,843Net Assets 2018: $494,9682018Assets 2019: $1,129,240Liabilities 2019: $230,645Net Assets 2019: $898,5952019Assets 2020: $1,317,264Liabilities 2020: $696,632Net Assets 2020: $620,6322020Assets 2021: $1,699,237Liabilities 2021: $216,841Net Assets 2021: $1,482,3962021Assets 2022: $2,259,920Liabilities 2022: $237,937Net Assets 2022: $2,021,9832022Assets 2023: $2,395,731Liabilities 2023: $223,095Net Assets 2023: $2,172,6362023Assets 2024: $2,683,475Liabilities 2024: $222,663Net Assets 2024: $2,460,8122024

Highlighted filing

2024

Assets$2,683,475
Liabilities$222,663
Net Assets$2,460,812

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $2,134,857Expenses 2017: $1,956,946Net Income 2017: $177,9112017Revenue 2018: $3,315,287Expenses 2018: $2,998,230Net Income 2018: $317,0572018Revenue 2019: $4,336,244Expenses 2019: $3,932,617Net Income 2019: $403,6272019Revenue 2020: $3,993,102Expenses 2020: $4,271,065Net Income 2020: -$277,9632020Revenue 2021: $5,648,033Expenses 2021: $4,786,270Net Income 2021: $861,7632021Revenue 2022: $6,731,396Expenses 2022: $6,191,809Net Income 2022: $539,5872022Revenue 2023: $5,693,606Expenses 2023: $5,542,954Net Income 2023: $150,6522023Revenue 2024: $6,951,483Expenses 2024: $6,663,307Net Income 2024: $288,1762024

Highlighted filing

2024

Revenue$6,951,483
Expenses$6,663,307
Net Income$288,176

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$6,954,219
Mission and Program Overview

Mission

Union day school will deliver a rigorous and content-rich education to a diverse community of students, in a shared conviction that each student will achieve high quality academic success and enriched personal growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,987,406$1,984,742▼ $2,664
Rtn Earn Endowment Incm Other Fnds$1,871,690$1,868,254▼ $3,436
Land, Buildings, and Equipment, Net$300,946$592,558▲ $291,612
Pd in Cap Srpls Land Bldg Eqp Fund$300,946$592,558▲ $291,612
Accounts Receivable$10,756$81,988▲ $71,232
Prepaid Expenses and Deferred Charges$96,623$24,187▼ $72,436
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,395,731$2,683,475▲ $287,744
Liabilities
Accounts Payable and Accrued Expenses$223,095$222,663▼ $432
Total Liabilities$223,095$222,663▼ $432
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,172,636$2,460,812▲ $288,176
Total Liabilities and Net Assets / Fund Balance$2,395,731$2,683,475▲ $287,744

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$217,294$98,519-
Leasehold Improvements$375,264$14,710-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joely LordExecutive DirectorFT$53,859$4,120$57,979

Board Members and Trustees

NameTitle
Jim LovellBoard Chair
Joan E MazzuVice Chair
F Boyce ThiesBoard Member
Celeste SlaySecretary
Joanna WiseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,813,677
Program Service Revenue
$120,045
Investment Income
$5,153
Other Revenue
$12,608
All Other Contributions
$114,993
Change in Net Assets
$288,176

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,951,483
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,416,265
Total Revenue per Audited Statements
$8,367,748
Total Revenue per Form 990
$6,951,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,663,307
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$300--$300
Total Functional Expenses$6,663,307$0$0$6,663,307

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,971,370
Expenses per Audited Statements$6,663,307
Total Expenses per Form 990$6,663,307
Expenses Not Reported on Form 990$1,308,063
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft copy of the 990 return was available to the board of directors for review and approval.

Form 990, Part VI, Section B, Line 15A

The board of directors reviewed comparable salary data to determine the principal's salary

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available for public inspection at the oranization's office upon request. Organization staff are available to provide supervision and answer any questions the inquiring party may have.

Filing and Contact Details

Filer

Filer Name
Union Day School Inc
EIN
47-1782363
Phone
7042561494
Address
3000 TILLEY MORRIS ROAD, WEDDINGTON, NC 28104

Signing Officer

Name
Joan Wise
Title
Board Treasurer
Phone
7042561494
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joan Wise
Formed
2016
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
124
Volunteers
20

Preparer

Firm
Potter & Company Pa
Address
434 COPPERFIELD BLVD NE STE A, CONCORD, NC 28025
Preparer
Eric Smith
Phone
7047868189
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The school has adopted asc 740-10 as it relates to uncertain tax positions for the year ended june 30, 2024 and have evaluated their tax positions taken for all open tax years. However, the school is not currently under audit nor has the school been contacted by these jurisdictions. Based on the evaluation of the school's tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year end june 30, 2024.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Uds foundation - blended component unit 1,413,529. Loss on disposal of asset 2,736.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Uds foundation - blended component unit 1,308,063.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS ADOPTED ASC 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2024 AND HAVE EVALUATED THEIR TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. HOWEVER, THE SCHOOL IS NOT CURRENTLY UNDER AUDIT NOR HAS THE SCHOOL BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE SCHOOL'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR END JUNE 30, 2024.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UDS FOUNDATION - BLENDED COMPONENT UNIT 1,413,529. LOSS ON DISPOSAL OF ASSET 2,736.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2UDS FOUNDATION - BLENDED COMPONENT UNIT 1,308,063.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0592558
IRS990ScheduleD/TotalExpensesPerForm990Amt06663307
IRS990ScheduleD/TotalRevenuePerForm990Amt06951483
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08367748
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07971370
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE POLICY IS INCLUDED IN THE ORGANIZATION'S STATEMENT OF PURPOSE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL; THEREFORE IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL AID.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVES FEDERAL AND STATE ASSISTANCE THROUGH THE STATE BOARD OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE 990 RETURN WAS AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWED COMPARABLE SALARY DATA TO DETERMINE THE PRINCIPAL'S SALARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORANIZATION'S OFFICE UPON REQUEST. ORGANIZATION STAFF ARE AVAILABLE TO PROVIDE SUPERVISION AND ANSWER ANY QUESTIONS THE INQUIRING PARTY MAY HAVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0UNION DAY SCHOOL FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0824504704
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LEASE SCHOOL FACILITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03000 TILLEY MORRIS RD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WEDDINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028104
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt013735000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11117646
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LOAN GUARANTEE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1LEASE PAYMENTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0UNION DAY SCHOOL FOUNDATION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1UNION DAY SCHOOL FOUNDATION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1K
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02395731
IRS990/TotalAssetsEOYAmt02683475
IRS990/TotalAssetsGrp/BOYAmt02395731
IRS990/TotalAssetsGrp/EOYAmt02683475
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06813677
IRS990/TotalEmployeeCnt0124
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06663307
IRS990/TotalFunctionalExpensesGrp/TotalAmt06663307
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0223095
IRS990/TotalLiabilitiesEOYAmt0222663
IRS990/TotalLiabilitiesGrp/BOYAmt0223095
IRS990/TotalLiabilitiesGrp/EOYAmt0222663
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02172636
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02460812
IRS990/TotalOtherCompensationAmt04120
IRS990/TotalProgramServiceExpensesAmt06663307
IRS990/TotalProgramServiceRevenueAmt0120045
IRS990/TotalReportableCompFromOrgAmt053859
IRS990/TotalRevenueGrp/ExclusionAmt05153
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0132653
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06951483
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02395731
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02683475
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03000 TILLEY MORRIS ROAD
IRS990/USAddress/CityNm0WEDDINGTON
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028104
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.UNIONDAYSCHOOL.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOAN WISE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07042561494
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UNION DAY SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0UNIO

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