Liabilities / Assets
42nd percentile
Higher debt load relative to assets than 42% of similar nonprofits.
Uab Educational Foundation
EIN 63-6155094 • 501(c)3 • Birmingham, AL
Profile
The UAB Educational Foundation exists for the sole purpose of supporting the University of Alabama at Birmingham (UAB) in its scientific and educational mission. This support includes managing and disbursing funds, acquiring real property, and providing general operational flexibility for the benefit of the University.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.17x
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 9.9% of source-year revenue.
Asset Growth
73rd percentile
Faster asset growth than 73% of similar nonprofits.
Revenue Growth
79th percentile
Faster revenue growth than 79% of similar nonprofits.
Balance Sheet
Assets
Up$57,471,123
Up $6,558,812 (+13%) from 2023
Liabilities
Down$9,685,341
Down $691,542 (-6.7%) from 2023
Net Assets
Up$47,785,782
Up $7,250,354 (+18%) from 2023
Revenue
Up$13,410,473
Up $3,193,329 (+31%) from 2023
Expenses
Down$8,289,178
Down $467,747 (-5.3%) from 2023
Net Income
Up$5,121,295
Up $3,661,076 (+251%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $57,471,123
- Liabilities
- $9,685,341
- Net assets
- $47,785,782
- Revenue
- $13,410,473
- Expenses
- $8,289,178
- Net income
- $5,121,295
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2023 to Sep 30, 2024
- Signed
- Jul 31, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $13,410,473
Mission and Program Overview
Mission
To support the university of alabama at birmingham in its scientific and educational mission, including managing and disbursing funds, acquiring real property, and providing operational flexibility.
To support the university of alabama at birmingham in its scientific and educational mission.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $23,976,082 | $21,738,401 | ▼ $2,237,681 |
| Investments Other Securities | $10,068,765 | $13,544,841 | ▲ $3,476,076 |
| Cash and Non-Interest-Bearing Accounts | $8,167,239 | $12,845,221 | ▲ $4,677,982 |
| Other Notes and Loans Receivable, Net | $6,363,352 | $6,144,352 | ▼ $219,000 |
| Investments Program Related | $1,083,155 | $1,299,573 | ▲ $216,418 |
| Accounts Receivable | $850,924 | $1,290,941 | ▲ $440,017 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Prepaid Expenses and Deferred Charges | $0 | $0 | → $0 |
| Total Assets | $50,912,311 | $57,471,123 | ▲ $6,558,812 |
| Other Assets Total | $402,794 | $607,794 | ▲ $205,000 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $9,523,600 | $8,768,600 | ▼ $755,000 |
| Accounts Payable and Accrued Expenses | $530,407 | $593,866 | ▲ $63,459 |
| Other Liabilities | $322,876 | $322,875 | ▼ $1 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Total Liabilities | $10,376,883 | $9,685,341 | ▼ $691,542 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $37,200,937 | $42,883,474 | ▲ $5,682,537 |
| Net Assets With Donor Restrictions | $3,334,491 | $4,902,308 | ▲ $1,567,817 |
| Total Net Assets Fund Balance | $40,535,428 | $47,785,782 | ▲ $7,250,354 |
| Total Liabilities and Net Assets / Fund Balance | $50,912,311 | $57,471,123 | ▲ $6,558,812 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $13,710,100 | $13,024,336 | $26,734,436 |
| Land | $6,896,510 | - | $6,896,510 |
| Leasehold Improvements | $1,131,791 | $3,110,914 | $4,242,705 |
| Other Securities | $13,569,561 | - | - |
| Closely Held Equity Interests | $-24,720 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Ray Watts | President |
| Stephanie Mullins | Associate Vice President |
| Brian Burnett | Vice President |
| Aldos Vance | Director |
| Bolaji Kukoyi | Director |
| Dana Keith | Director |
| Kate Cotton | Director |
| Lucas Gambino | Director |
| Nancy Fouad-carey | Director |
| Odessa Woolfolk | Director |
| Wes Smith | Director |
| Ken Simon | Director (beg 1/24) |
| Susan Jennings | Director (beg 1/24) |
| Janet Woodruff-borden | Director (beg 2/24) |
| Vanessa Leonard | Director (until 1/24) |
| Pamela Benoit | Director (until 12/23) |
| Shay Reynolds | Associate Secretary (beg 1/24) |
| John Daniel | Secretary |
| Bernard Mays Jr | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $6,422,703
- Program Service Revenue
- $6,374,346
- Investment Income
- $613,424
- Other Revenue
- $0
- All Other Contributions
- $3,145,703
- Change in Net Assets
- $5,121,295
Noncash Contribution Practices
- Property subject to holding requirements
- No
- Reviewed unusual noncash gifts
- No