Civic Intelligence

University of North Alabama Foundation

EIN 63-0814488 • 501(c)3 • Florence, AL

Profile

To support the university of north alabama in its educational endeavors.

Una Box 5059Florence, AL 35632

www.una.edu/FOUNDATION

Siviq Scores

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

Liabilities / Assets

16th percentile

0.02x

Higher debt load relative to assets than 16% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.16x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

86th percentile

39%

Higher net margin than 86% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

25th percentile

$222,000

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

79th percentile

16%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-54%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$81,570,725

Up $11,190,203 (+16%) from 2023

Liabilities

Down

$1,821,761

Down $202,625 (-10%) from 2023

Net Assets

Up

$79,748,964

Up $11,392,828 (+17%) from 2023

Revenue

Down

$11,166,933

Down $12,994,426 (-54%) from 2023

Expenses

Down

$6,761,163

Down $1,822,330 (-21%) from 2023

Net Income

Down

$4,405,770

Down $11,172,096 (-72%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100M$50M$0Assets 2011: $18,259,277Liabilities 2011: $586,056Net Assets 2011: $17,673,2212011Assets 2012: $22,019,484Liabilities 2012: $847,454Net Assets 2012: $21,172,0302012Assets 2013: $25,426,528Liabilities 2013: $1,379,373Net Assets 2013: $24,047,1552013Assets 2014: $28,499,260Liabilities 2014: $803,111Net Assets 2014: $27,696,1492014Assets 2015: $32,788,286Liabilities 2015: $1,014,300Net Assets 2015: $31,773,9862015Assets 2016: $37,322,767Liabilities 2016: $1,010,413Net Assets 2016: $36,312,3542016Assets 2017: $41,470,217Liabilities 2017: $1,891,671Net Assets 2017: $39,578,5462017Assets 2018: $39,135,728Liabilities 2018: $571,204Net Assets 2018: $38,564,5242018Assets 2019: $36,102,869Liabilities 2019: $975,766Net Assets 2019: $35,127,1032019Assets 2020: $38,512,827Liabilities 2020: $737,442Net Assets 2020: $37,775,3852020Assets 2021: $48,635,373Liabilities 2021: $1,159,923Net Assets 2021: $47,475,4502021Assets 2022: $51,123,767Liabilities 2022: $970,348Net Assets 2022: $50,153,4192022Assets 2023: $70,380,522Liabilities 2023: $2,024,386Net Assets 2023: $68,356,1362023Assets 2024: $81,570,725Liabilities 2024: $1,821,761Net Assets 2024: $79,748,9642024

Highlighted filing

2024

Assets$81,570,725
Liabilities$1,821,761
Net Assets$79,748,964

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $4,021,572Expenses 2011: $2,537,223Net Income 2011: $1,484,3492011Expenses 2012: $2,159,7682012Expenses 2013: $3,058,7672013Revenue 2014: $8,074,673Expenses 2014: $2,001,565Net Income 2014: $6,073,1082014Revenue 2015: $10,039,620Expenses 2015: $4,732,522Net Income 2015: $5,307,0982015Revenue 2016: $8,642,027Expenses 2016: $4,103,659Net Income 2016: $4,538,3682016Revenue 2017: $8,734,308Expenses 2017: $5,321,116Net Income 2017: $3,413,1922017Revenue 2018: $8,475,857Expenses 2018: $9,489,879Net Income 2018: -$1,014,0222018Revenue 2019: $3,167,108Expenses 2019: $6,604,529Net Income 2019: -$3,437,4212019Revenue 2020: $6,220,050Expenses 2020: $4,380,899Net Income 2020: $1,839,1512020Revenue 2021: $8,869,792Expenses 2021: $3,981,688Net Income 2021: $4,888,1042021Revenue 2022: $20,521,894Expenses 2022: $5,691,697Net Income 2022: $14,830,1972022Revenue 2023: $24,161,359Expenses 2023: $8,583,493Net Income 2023: $15,577,8662023Revenue 2024: $11,166,933Expenses 2024: $6,761,163Net Income 2024: $4,405,7702024

Highlighted filing

2024

Revenue$11,166,933
Expenses$6,761,163
Net Income$4,405,770

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$81.6$1.82$79.7$11.2$6.76$4.41
2023Detailed filing. Detailed filing data is available for this year.$70.4$2.02$68.4$24.2$8.58$15.6
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.1$0.97$50.2$20.5$5.69$14.8
2021Detailed filing. Detailed filing data is available for this year.$48.6$1.16$47.5$8.87$3.98$4.89
2020Detailed filing. Detailed filing data is available for this year.$38.5$0.74$37.8$6.22$4.38$1.84
2019Detailed filing. Detailed filing data is available for this year.$36.1$0.98$35.1$3.17$6.60$3.44
2018Detailed filing. Detailed filing data is available for this year.$39.1$0.57$38.6$8.48$9.49$1.01
2017Detailed filing. Detailed filing data is available for this year.$41.5$1.89$39.6$8.73$5.32$3.41
2016Detailed filing. Detailed filing data is available for this year.$37.3$1.01$36.3$8.64$4.10$4.54
2015Detailed filing. Detailed filing data is available for this year.$32.8$1.01$31.8$10.0$4.73$5.31
2014Detailed filing. Detailed filing data is available for this year.$28.5$0.80$27.7$8.07$2.00$6.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.4$1.38$24.0$3.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.0$0.85$21.2$2.16
2011Summary only. Only limited summary data is available for this year.$18.3$0.59$17.7$4.02$2.54$1.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 6, 2025
Return Version
2023v6.0
Gross Receipts
$11,166,933
Mission and Program Overview

Mission

To support the university of north alabama in it's educational endeavors.

To support the university of north alabama in its educational endeavors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$52,085,995$61,669,137▲ $9,583,142
Pledges and Grants Receivable$2,362,249$3,353,106▲ $990,857
Land, Buildings, and Equipment, Net$990,437$2,419,331▲ $1,428,894
Savings and Temporary Cash Investments$2,844,867$1,420,736▼ $1,424,131
Prepaid Expenses and Deferred Charges-$70,057-
Other Notes and Loans Receivable, Net$23,295$11,748▼ $11,547
Total Assets$70,380,522$81,570,725▲ $11,190,203
Other Assets Total$12,073,679$12,626,610▲ $552,931
Liabilities
Accounts Payable and Accrued Expenses$1,893,385$1,758,195▼ $135,190
Other Liabilities$131,001$63,566▼ $67,435
Total Liabilities$2,024,386$1,821,761▼ $202,625
Net Assets / Fund Balance
Net Assets With Donor Restrictions$66,624,118$78,037,239▲ $11,413,121
Net Assets Without Donor Restrictions$1,732,018$1,711,725▼ $20,293
Total Net Assets Fund Balance$68,356,136$79,748,964▲ $11,392,828
Total Liabilities and Net Assets / Fund Balance$70,380,522$81,570,725▲ $11,190,203

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,419,331$24,364$2,443,695
Other Assets Org$12,434,811--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$45,319,990$1,948,074▲ $9,789,512-$54,143,633
2022$38,520,086$5,102,431▲ $4,978,320-$45,319,990
2021$41,391,511$5,309,814▼ $7,483,151-$38,520,086
2020$31,805,023$4,221,598▲ $6,713,242-$41,391,511
2019$29,861,191$991,879▲ $2,402,345-$31,805,023
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Kevin HaslamSecretary/ex OfficioFT$222,000$222,000

Board Members and Trustees

NameTitle
Stephanie TeichmillerChair
Juan SantiagoVice Chair
Andy WhittBoard Member
Carlos NelsonBoard Member
Carnette JohnsonBoard Member
Cathy MillerBoard Member
Christie BevisBoard Member
Debbie Garcia NowlinBoard Member
Derrick MillsBoard Member
Emry BryanBoard Member
Gregory LawBoard Member
Harry SmithBoard Member
Jacob LadnerBoard Member
Jamie EllisBoard Member
Jamie KielBoard Member
Jason ThomasBoard Member
Jeff DanielBoard Member
Johnny SimpsonBoard Member
Lorri GloverBoard Member
Mary GillespieBoard Member
Melissa LongBoard Member
Nelda Cambron-mccabeBoard Member
Pam BaschabBoard Member
Robert SteeleBoard Member
Scot ButkisBoard Member
Sharon HarrisBoard Member
Susanne RallisBoard Member
Tom ButlerBoard Member
Tom RossBoard Member
Steve PierceUna Board of Trustees Representative
Robert CaleEx Officio
Evan ThorntonEx Officio/ec
Ken KittsEx Officio/ec
Mike WashburnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,970,146
Program Service Revenue
$0
Investment Income
$3,132,136
Other Revenue
$64,651
All Other Contributions
$7,970,146
Change in Net Assets
$4,405,770

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$1,025,930Fair Market Value (FMV) at Time Received
Other Non Cash Contri Table$32,149Fair Market Value (FMV) at Time Received
Other Non Cash Contri Table$22,927Fair Market Value (FMV) at Time Received
Total Noncash Contributions$1,081,006-

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,166,933
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,166,933
Total Revenue per Form 990
$11,166,933
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,644,930
Other Expenses$2,116,233
Total Fundraising Expense$1,015,139
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,644,930--$4,644,930
Advertising--$311,184$311,184
Fees for Services Management$231,448--$231,448
All Other Expenses-$127,616-$127,616
Other Expenses-$111,775$77,850$77,850
Travel--$29,110$29,110
Fees for Services Accounting-$21,050-$21,050
Insurance-$13,196-$13,196
Total Functional Expenses$4,876,378$869,646$1,015,139$6,761,163

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,761,163
Expenses per Audited Statements$6,529,715
Total Expenses per Audited Statements$6,529,715
Expenses Not Reported on Financial Statements$231,448
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of North AlabamaFlorence, AL501(c)(3)To Support the University of North Alabama in Its Educational Endeavors.$4,644,930
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Obligations Under Annuity Contracts$63,566
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The financial manager and treasurer of the organization review form 990 prior to it being file.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy, and potential violations thereof, are reviewed annually by the governing body of the organization.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
University of North Alabama Foundation
EIN
63-0814488
Phone
2567655018
Address
UNA BOX 5059, FLORENCE, AL 35632

Signing Officer

Name
Kevin Haslam
Title
Executive Director
Phone
2567655018
Signed
2025-08-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Haslam
Formed
1980
Legal Domicile
Al
Voting Board Members
35
Independent Board Members
35
Employees
0
Volunteers
0

Preparer

Firm
Mauldin & Jenkins LLC
Address
PO BOX 929, ATHENS, AL 35612
Preparer
Jeremy T Blackburn
Phone
2562322260
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process of overseeing the annual audit has not changed from the prior fiscal year.

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. The foundation had no unrelated business activities that are subject to taxes. The foundation's federal exempt organization business income tax returns for 2020, 2021, and 2022 are subject to examination by the irs, generally for three years after they were filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
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