United Way Of Greater Greensboro Inc
- Assets
- $25.0m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 35
- Location
- Greensboro, NC
- Founding
- 11/1969
- Data as of
- 06/2022
- EIN
- 56-0668555
Organization Overview
United Way Of Greater Greensboro Inc is located in Greensboro, NC. The organization was established in 1969. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, United Way Of Greater Greensboro Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Greater Greensboro Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, United Way Of Greater Greensboro Inc generated $6.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $8.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Way Of Greater Greensboro Inc has awarded 413 individual grants totaling $54,486,115. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNITED WAY OF GREATER GREENSBORO'S MISSION IS TO IMPROVE LIVES (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT AGENCY PROGRAMS OF GREATER GREENSBORO: UNITED WAY OF GREATER GREENSBORO UTILIZES A VOLUNTEER-DRIVEN PROCESS TO INVEST RESOURCES IN INITIATIVES AND PROGRAMS THAT ARE FOCUSED ON CREATING SOLID FOUNDATIONS IN THE AREA OF EDUCATION, FINANCIAL STABILITY, AND HEALTH, BECAUSE THESE ARE THE BUILDING BLOCKS FOR A QUALITY LIFE. WE ALL WIN WHEN CHILDREN SUCCEED IN SCHOOL, FAMILIES ARE FINANCIALLY STABLE, AND PEOPLE ARE STRONGER AND HEALTHIER. SEE SCHEDULE I FOR THE LISTING OF THE INVESTMENT OF RESOURCES BY THE UNITED WAY OF GREATER GREENSBORO. DURING 2020, THE UNITED STATES AND NORTH CAROLINA DECLARED A STATE OF EMERGENCEY DUE TO THE COVID-19 PANDEMIC. THE ONGOING IMPACT OF THE VIRUS HAS CONTINUED TO AFFECT SOCIAL INTEGRATION, ECONOMIES, AND FINANCIAL MARKETS. TO HELP MITIGATE THE IMPACT WITHIN THE LOCAL COMMUNITY, THE GREENSBORO VIRUS RELIEF FUND WAS ESTABLISHED BY UNITED WAY OF GREATER GREENSBORO, THE CITY OF GREENSBORO, AND THE COMMUNITY FOUNDATION FOR GREATER GREENSBORO. THE OBJECTIVE OF THIS PROGRAM IS TO OFFER IMMEDIATE FINANCIAL ASSISTANCE TO NONPROFIT AGENCIES IN GUILFORD COUNTY IN THE AREAS RELATED TO FOOD INSECURITY, EDUCATIONAL INTERRUPTION, EMPLOYMENT REDUCTION, HOUSING VULNERABILITY, MEDICAL ACCESS, AND BUSINESS DISRUPTION. DURING THE YEAR ENDING JUNE 30, 2021, THE FUND RECEIVED CONTRIBUTIONS OF APPROXIMATELY $450,000.
FACILITATE DONOR DESIGNATIONS: UNITED WAY OF GREATER GREENSBORO ALLOWS DONORS THE CHOICE TO LET UNITED WAY INVEST THEIR DONATIONS BY WAY OF UNDESIGNATED DOLLARS, LETTING COMMUNITY EXPERTS DIRECT DOLLARS TO THE GREATEST PRESSING COMMUNITY NEEDS IN THE AREAS OF EDUCATION, INCOME AND HEALTH. LIKEWISE, UNITED WAY OF GREATER GREENSBORO FACILITATES DONOR DESIGNATIONS. THIS MEANS THAT UNITED WAY ALSO ALLOWS THE DONORS TO DIRECT THEIR CONTRIBUTIONS TOWARDS SPECIFIC AREAS OF INTEREST OR PARTNER AGENCIES THAT RELATE TO THE PASSION AND INTEREST OF THE INVESTING DONORS.
HUMAN SERVICE ORGANIZATIONS:UNITED WAY OF GREATER GREENSBORO PARTNERS WITH LEADING COMMUNITY HUMAN SERVICE ORGANIZATIONS TO ADDRESS THE ROOT CAUSES OF POVERTY SO THAT FAMILIES ARE EQUIPPED TO ACHIVE FINANCIAL INDEPENDENCE AND STABILITY. PLACE-BASED INTEGRATED SERVICE DELIVERY IS PROVIDED AT THE FAMILY SUCCESS CENTER TO PRESENT SOLUTIONS THAT ADDRESS THE NEEDS OF ALL MEMBERS OF THE FAMILY UNIT. WE ARE FOCUSED ON ENSURING THAT CHILDREN ARE READY FOR SCHOOL, PARENTS ARE EQUIPPED TO SUPPORT EARLY LEARNING AND LITERACY, ALL MEMBERS OF THE FAMILY HAVE ACCESS TO HEALTHCARE TO HELP IMPROVE THEIR PHYSICAL AND MENTAL HEALTH, AND ADULTS ARE ABLE TO GET AND KEEP JOBS THAT PROVIDE A LIVING WAGE AND A RELIABLE SOURCE OF INCOME. UNITED WAY OF GREATER GREENSBORO IS LEADING THE WAY TO CREATE POSITIVE, IMPACTFUL CHANGE IN THE LIVES OF FAMILIES IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nadine Malpass Senior Vp/resource Development | 40 | $164,962 | |
Brian Graham Cfo/vp Finance | Officer | 40 | $138,562 |
Frank Mccain VP Community Impact & Investment | 40 | $128,973 | |
Elizabeth D Green Vp, Major Gifts | 40 | $115,075 | |
Khari M Garvin Ceo/president From 7/26/21 | Officer | 40 | $89,848 |
Michelle Gethers-Clark Ceo/president Through 4/16/21 | Officer | 40 | $87,614 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $22,886 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $382,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,276,275 |
| Noncash contributions included in lines 1a–1f | $63,107 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,681,361 |
| Total Program Service Revenue | $2,140 |
| Investment income | $378,595 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,685 |
| Net Gain/Loss on Asset Sales | -$1,655,079 |
| Net Income from Fundraising Events | $94,460 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,519,162 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,631,416 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $334,687 |
| Compensation of current officers, directors, key employees. | $76,162 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,358,686 |
| Pension plan accruals and contributions | $65,545 |
| Other employee benefits | $186,236 |
| Payroll taxes | $132,109 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,436 |
| Fees for services: Other | $67,379 |
| Advertising and promotion | $32,542 |
| Office expenses | $33,767 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $72,138 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $81,345 |
| Insurance | $0 |
| All other expenses | $7,815 |
| Total functional expenses | $8,352,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,622,979 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,090,459 |
| Accounts receivable, net | $269,364 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $42,530 |
| Net Land, buildings, and equipment | $668,025 |
| Investments—publicly traded securities | $16,570,117 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,727,934 |
| Total assets | $24,991,408 |
| Accounts payable and accrued expenses | $544,778 |
| Grants payable | $3,506,260 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $550,382 |
| Total liabilities | $4,601,420 |
| Net assets without donor restrictions | $16,348,418 |
| Net assets with donor restrictions | $4,041,570 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $24,991,408 |
Grants Awarded
Over the last fiscal year, United Way Of Greater Greensboro Inc has awarded $4,284,043 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Jamestown, NC PURPOSE: CHARITABLE | $440,660 |
Atlanta, GA PURPOSE: CHARITABLE | $406,642 |
High Point, NC PURPOSE: CHARITABLE | $381,500 |
LEGAL AID OF NORTH CAROLINA INC PURPOSE: CHARITABLE | $336,243 |
Greensboro, NC PURPOSE: CHARITABLE | $331,100 |
Greensboro, NC PURPOSE: CHARITABLE | $260,939 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that United Way Of Greater Greensboro Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Vf Foundation Wilmington, DE PURPOSE: UNITED WAY OF GREATER GREENSBORO FAMILY SUCCESS CENTERS (FSC) | $100,000 |
Endowment Analysis
| Beg. Balance | $3,412,240 |
| Earnings | -$557,897 |
| Other Expense | $114,905 |
| Ending Balance | $2,739,438 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chc Creating Healthier Communities Alexandria, VA | $23,119,840 | $20,885,598 |
United Way Of The Piedmont Inc Spartanburg, SC | $4,093,923 | $15,798,807 |
Bluecross Blueshield Of South Carolina Foundation Columbia, SC | $340,633,924 | $51,086,800 |
Safa Trust Inc Herndon, VA | $343,266,740 | $16,390,451 |
United Way Of Forsyth County Inc Winstonsalem, NC | $7,740,159 | $13,512,937 |
United Way Of Greater Knoxville Inc Knoxville, TN | $44,188,764 | $10,173,426 |
United Way Of The Midlands Columbia, SC | $21,822,205 | $12,356,591 |
United Way Of The Greater Triangle Inc Durham, NC | $8,988,793 | $10,685,118 |
United Way Of The Mid-South Memphis, TN | $15,939,575 | $10,736,980 |
United Way Of Greenville County Incorporated Greenville, SC | $26,398,141 | $12,601,521 |
Heritage Classic Foundation Hilton Head Island, SC | $10,740,368 | $11,355,325 |
United Way Of Greater Chattanooga Chattanooga, TN | $28,378,228 | $9,851,005 |