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Uma Education

Also known as See Schedule O

Tampa, FL · EIN 47-2578950 · 501(c)(3) · School
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Uma Education reported $457.3 million in revenue and $381.5 million in expenses for calendar year 2024. Of every $100 it spent, $85.05 went to program services, $14.95 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.6% of the total. The highest compensation it reported for one person was $1,538,375 (PRESIDENT). 213 people received more than $100,000 in reportable compensation. Revenue rose 47% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $382M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $457M

Other revenue was negative: −$370K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
85.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
15.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
97.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,538,375$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.40%1.28%
People paid over $100,000
Part VII, line 2
2138
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.313.3
Independent voting board members
Part VI 1a–1b
10 of 11100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$324M expenses · 100.0% of program spending · grants $974K · revenue $446M

No description in Part III; see the filing.

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Director/trustee, officer, 40.00 hrs/week
$1,523,217$0$15,158$1,538,375
EVP & CHIEF FIN. & STRATEGY OFFICER
Officer, 40.00 hrs/week
$829,425$0$34,561$863,986
EVP, CAO / CORP. SEC.
Officer, 40.00 hrs/week
$796,252$0$26,019$822,271
EXEC. VP & CHIEF MKT. OFFICER
Officer, 40.00 hrs/week
$769,827$0$18,582$788,409
EVP OF WORKFORCE TRANSFORMATION
Officer, 40.00 hrs/week
$752,355$0$16,930$769,285
SVP, OPERATIONS
Key employee, 40.00 hrs/week
$663,611$0$30,777$694,388
CHIEF COMPLIANCE OFFICER
Highest compensated employee, 40.00 hrs/week
$595,696$0$21,855$617,551
CHIEF INFORMATION OFFICER
Highest compensated employee, 40.00 hrs/week
$554,867$0$21,256$576,123

213 people received more than $100,000 in reportable compensation from Uma Education (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$457M$382M85.0%$391M$1,538,375
2023 ⓘ$372M$315M85.8%$313M$1,530,352
2022 ⓘ$392M$291M87.0%$257M$1,419,274
2021 ⓘ$321M$306M90.0%$153M$1,315,754
2020 ⓘ$333M$300M90.5%$139M$1,074,948
2019 ⓘ$311M$294M90.7%$105M$1,105,161

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b11 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 54,100

Correct a figure or respond

Every number above is copied from Uma Education's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Uma Education, you can publish a response that is linked from this page.

Questions people ask

How much of Uma Education's spending goes to programs?

In calendar year 2024, Uma Education reported that 85.0% of its $381.5 million in expenses went to program services, 15.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Uma Education pay its top executive?

The largest total compensation Uma Education reported for one person in calendar year 2024 was $1,538,375, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Uma Education get its money?

Of $457.3 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 97.6% from program service revenue (Form 990, Part VIII).

Is Uma Education a registered charity?

The IRS lists EIN 47-2578950 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503149349304070 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413199349310626 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343199349307269 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223199349309907 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123199349311747 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033219349317203 · read the filing

All filings for EIN 47-2578950: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.