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Universal Sports And Academics Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Recreation, Sports, Leisure, Athletics / Sports Training Facilities, Agencies (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$1.04M (2023)

Expenses
$1.06M (2023)

Total Assets
$449k (2023)

Total Liabilities
$263k (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,035,168
Expenses
$1,055,209
Net Income
-$20,041
Net Assets
$186,617
Notable Sources of Revenue Percent of Total Revenue
Contributions $42,443
4.1%
Program Services $887,350
85.7%
Investment Income $24,665
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $24,462
2.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $56,248
5.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $195,004
18.5%
Professional Fundraising Fees $0
Other Salaries and Wages $404,141
38.3%
Assets/Debt
Total Assets $449,258
Total Liabilities $262,641
Net Assets $186,617
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa D Shaw (Treasurer) $79,445 $0 $0
Mary F Brannon (Secretary) $69,233 $0 $0
Joseph A Taglisferi (President) $46,326 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,498,782
Expenses
$1,309,555
Net Income
$189,227
Net Assets
$100,226
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,342,205
89.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $29,186
1.9%
Net Fundraising $106,045
7.1%
Sales of Assets $0
Net Inventory Sales $21,346
1.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,326
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $466,949
35.7%
Assets/Debt
Total Assets $404,421
Total Liabilities $304,195
Net Assets $100,226
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa D Shaw (Treasurer) $67,616 $0 $0
Joseph A Taglisferi (President) $36,710 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,350,497
Expenses
$960,490
Net Income
$390,007
Net Assets
-$22,318
Notable Sources of Revenue Percent of Total Revenue
Contributions $100,545
7.4%
Program Services $1,121,869
83.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $30,105
2.2%
Net Fundraising $69,358
5.1%
Sales of Assets $0
Net Inventory Sales $28,620
2.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,885
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $431,236
44.9%
Assets/Debt
Total Assets $312,853
Total Liabilities $335,171
Net Assets -$22,318
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa D Shaw (Treasurer) $67,500 $0 $0
Joseph A Taglisferi (President) $37,385 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$567,750
Expenses
$907,608
Net Income
-$339,858
Net Assets
-$151,736
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $526,042
92.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $16,939
3.0%
Net Fundraising $8,753
1.5%
Sales of Assets $0
Net Inventory Sales $16,016
2.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $89,489
9.9%
Professional Fundraising Fees $0
Other Salaries and Wages $483,889
53.3%
Assets/Debt
Total Assets $220,202
Total Liabilities $371,938
Net Assets -$151,736
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa D Shaw (Treasurer) $59,027 $0 $0
Joseph A Taglisferi (President) $30,462 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,341,080
Expenses
$1,267,334
Net Income
$73,746
Net Assets
-$127,230
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,235,740
92.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $18,743
1.4%
Net Fundraising $14,673
1.1%
Sales of Assets $0
Net Inventory Sales $71,924
5.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $99,382
7.8%
Professional Fundraising Fees $0
Other Salaries and Wages $622,363
49.1%
Assets/Debt
Total Assets $161,553
Total Liabilities $288,783
Net Assets -$127,230

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,011,352
Expenses
$1,510,546
Net Income
-$499,194
Net Assets
-$99,962
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,040,124
> 100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $19,294
1.9%
Net Fundraising -$4,030
Sales of Assets $0
Net Inventory Sales -$44,036
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $82,654
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $584,765
38.7%
Assets/Debt
Total Assets $171,498
Total Liabilities $271,460
Net Assets -$99,962
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa D Shaw (Diector) $54,909 $0 $0
Joseph A Taglisferi (Director) $35,822 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,510,903
Expenses
$1,495,690
Net Income
$15,213
Net Assets
-$86,236
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,472,568
97.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $19,294
1.3%
Net Fundraising -$7,736
Sales of Assets $0
Net Inventory Sales $26,777
1.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $85,670
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $534,204
35.7%
Assets/Debt
Total Assets $185,708
Total Liabilities $271,944
Net Assets -$86,236
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa D Shaw (Diector) $46,909 $0 $0
Joseph A Taglisferi (Director) $35,622 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,453,454
Expenses
$1,441,601
Net Income
$11,853
Net Assets
-$70,041
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,970
0.2%
Program Services $1,385,752
95.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $20,381
1.4%
Net Fundraising $7,604
0.5%
Sales of Assets $0
Net Inventory Sales $36,747
2.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $88,605
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $498,929
34.6%
Assets/Debt
Total Assets $213,484
Total Liabilities $283,525
Net Assets -$70,041
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa D Shaw (Director) $53,165 $0 $0
Joseph A Taglisferi (Director) $35,440 $0 $0
William M Hoffer Ii (President) $0 $0 $0
Robin R Hoffer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,413,087
Expenses
$1,337,961
Net Income
$75,126
Net Assets
-$81,894
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,777
0.8%
Program Services $1,329,243
94.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $22,290
1.6%
Net Fundraising $23,392
1.7%
Sales of Assets $0
Net Inventory Sales $26,385
1.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $87,203
6.5%
Professional Fundraising Fees $0
Other Salaries and Wages $479,455
35.8%
Assets/Debt
Total Assets $216,780
Total Liabilities $298,674
Net Assets -$81,894
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa D Shaw (Director) $51,545 $0 $0
Joseph A Taglisferi (Director) $35,658 $0 $0
William M Hoffer Ii (President) $0 $0 $0
Robin R Hoffer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,262,552
Expenses
$1,267,294
Net Income
-$4,742
Net Assets
-$157,020
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,000
0.3%
Program Services $1,203,385
95.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $23,885
1.9%
Net Fundraising $7,964
0.6%
Sales of Assets $0
Net Inventory Sales $23,318
1.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $84,104
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $479,692
37.9%
Assets/Debt
Total Assets $153,928
Total Liabilities $310,948
Net Assets -$157,020
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa D Shaw (Director) $48,739 $0 $0
Joseph A Taglisferi (Director) $35,365 $0 $0
William M Hoffer Ii (President) $0 $0 $0
Robin R Hoffer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,232,826
Expenses
$1,225,640
Net Income
$7,186
Net Assets
-$152,278
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,050
0.3%
Program Services $1,186,497
96.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $20,170
1.6%
Net Fundraising $944
0.1%
Sales of Assets $0
Net Inventory Sales $21,165
1.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $80,804
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $438,151
35.7%
Assets/Debt
Total Assets $166,203
Total Liabilities $318,481
Net Assets -$152,278
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa D Shaw (Director) $46,539 $0 $0
Joseph A Taglisferi (Director) $34,265 $0 $0
William M Hoffer Ii (President) $0 $0 $0
Robin R Hoffer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,116,993
Expenses
$1,087,416
Net Income
$29,577
Net Assets
-$159,464
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,000
0.3%
Program Services $1,073,637
96.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $17,229
1.5%
Net Fundraising $14
0.0%
Sales of Assets $3,024
0.3%
Net Inventory Sales $20,089
1.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $79,886
7.3%
Professional Fundraising Fees $0
Other Salaries and Wages $341,577
31.4%
Assets/Debt
Total Assets $168,432
Total Liabilities $327,896
Net Assets -$159,464

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$975,976
Expenses
$1,006,846
Net Income
-$30,870
Net Assets
-$189,041
Notable Sources of Revenue Percent of Total Revenue
Contributions $160
0.0%
Program Services $952,590
97.6%
Investment Income $1
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,180
0.7%
Net Fundraising $1,168
0.1%
Sales of Assets $3,789
0.4%
Net Inventory Sales $10,436
1.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $80,314
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $321,409
31.9%
Assets/Debt
Total Assets $144,022
Total Liabilities $333,063
Net Assets -$189,041

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,040,470
Expenses
$1,143,746
Net Income
-$103,276
Net Assets
-$158,171
Notable Sources of Revenue Percent of Total Revenue
Contributions $989
0.1%
Program Services $1,006,564
96.7%
Investment Income $3
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,202
0.7%
Net Fundraising $3,402
0.3%
Sales of Assets $0
Net Inventory Sales $18,619
1.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $77,740
6.8%
Professional Fundraising Fees $0
Other Salaries and Wages $370,519
32.4%
Assets/Debt
Total Assets $172,008
Total Liabilities $330,179
Net Assets -$158,171

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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