Nonprofit · EIN 84-2254937
UNIVERSAL SCHOLARS ACADEMY INC
Tax-exempt · MILWAUKEE, WI 53208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $746,156 | $697,203 | $48,953 | $168,894 | $75,563 | $93,331 |
| June 30, 2024 | 990 | $606,294 | $553,552 | $52,742 | $139,875 | $95,497 | $44,378 |
| June 30, 2023 | 990 | $482,444 | $590,808 | -$108,364 | $89,396 | $97,760 | -$8,364 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $731,557
- of which government grants
- $730,512
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $14,599
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $108,274
- Other salaries and wages
- $251,374
- Salaries, compensation and benefits (total)
- $389,442
- Professional fundraising fees
- $0
- Occupancy
- $68,970
- Depreciation
- $13,079
- Program services (functional)
- $458,526
- Management and general (functional)
- $238,677
Balance sheet and other
- Total assets, start of year
- $139,875
- Total assets, end of year
- $168,894
- Total liabilities, end of year
- $75,563
- Net assets, end of year
- $93,331
- Land, buildings and equipment
- $50,341
- Net assets without donor restrictions
- $93,331
- Gross receipts
- $746,156
- Employees
- 16
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRY WILLIAMS | PRESIDENT / ADMINISTRATOR Officer | 40 | $73,424 |
| WILLIAM WARREN | VICE PRESIDENT Officer | 40 | $34,850 |
| CURTIS CHALMERS | SECRETARY Officer | 5 | $0 |
| DIANNA LAMPKIN | TREASURER Officer | 5 | $0 |
| MICHAEL HARRIS | MEMBER Officer | 5 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRY WILLIAMS | PRESIDENT / ADMINISTRATOR Officer | 40 | $77,011 |
| WILLIAM WARREN | VICE PRESIDENT Officer | 40 | $28,990 |
| MICHAEL HARRIS | MEMBER Officer | 5 | $2,136 |
| CURTIS CHALMERS | SECRETARY Officer | 5 | $0 |
| DIANNA LAMPKIN | TREASURER Officer | 5 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRY WILLIAMS | PRESIDENT / ADMINISTRATOR Officer | 40 | $26,667 |
| WILLIAM WARREN | VICE PRESIDENT Officer | 40 | $11,786 |
| MICHAEL HARRIS | MEMBER Officer | 5 | $4,332 |
| CURTIS CHALMERS | SECRETARY Officer | 5 | $0 |
| DIANNA LAMPKIN | TREASURER Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 5310 W NORTH AVE, MILWAUKEE, WI 53208-1020
- In care of
- % SHERRY S WILLIAMS
- Principal officer (990 for 2024)
- SHERRY WILLIAMS, 5310 W NORTH AVE, MILWAUKEE, WI 53208
- Signed the 990
- SHERRY WILLIAMS, EXECUTIVE DIRECTOR
- Phone
- (414) 914-1320
- Website
- universalscholarsacademy.org
- Return prepared by
- UNITED TAX SERVICE LLC
Mission
UNIVERSAL SCHOLARS ACADEMY MISSION IS TO ELEVATE STUDENTS TO THEIR GREATEST POTENTIAL IN THE PURSUIT OF ACADEMICS AND PERSONAL GROWTH.OUR PURPOSE IS TO EDUCATE STUDENTS INTO DEVELOPED SCHOLARS WITH CREATIVE MINDS, THAT ARE CAPABLE OF UNDERSTANDING AND BALANCING THEIR SOCIAL RESPONSIBILITY IN THE FUTURE AFTER GRADUATION. UNIVERSAL SCHOLARS ACADEMY INC STRIVES TO EDUCATE APROXIMATELY 68 STUDENTS
Program accomplishments
- UNIVERSAL SCHOLARS ACADEMY INC PROVIDES A SAFE AND ACADEMICALLY CHALLENGING LEARNING ENVIRONMENT FOR EDUCATING CHILDREN IN THE MILWAUKEE PARENTAL CHOICE SCHOOL PROGRAM OPERATING IN MILWAUKEE, WI.Expenses $458,526 · revenue $746,156
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2254937
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $168,894
- Income (IRS master file)
- $746,156
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $746,156 | $697,203 | $168,894 | XML |
| 990 | June 2024 | $606,294 | $553,552 | $139,875 | XML |
| 990 | June 2023 | $482,444 | $590,808 | $89,396 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2254937).
Questions about UNIVERSAL SCHOLARS ACADEMY INC
- What is the EIN of UNIVERSAL SCHOLARS ACADEMY INC?
- The employer identification number (EIN) of UNIVERSAL SCHOLARS ACADEMY INC is 84-2254937.
- Is UNIVERSAL SCHOLARS ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to UNIVERSAL SCHOLARS ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSAL SCHOLARS ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSAL SCHOLARS ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSAL SCHOLARS ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSAL SCHOLARS ACADEMY INC?
- The 990 for the year ended June 30, 2025 names SHERRY WILLIAMS.
- Who are the officers and directors of UNIVERSAL SCHOLARS ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 2 received compensation from the organization, the highest $73,424 (SHERRY WILLIAMS, PRESIDENT / ADMINISTRATOR).
- How much revenue does UNIVERSAL SCHOLARS ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $746,156, expenses of $697,203 and total assets of $168,894 at year end.
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