United Way Of Davidson County Inc is located in Lexington, NC. The organization was established in 1994. 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 12/2023, United Way Of Davidson County Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Davidson County 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 12/2023, United Way Of Davidson County Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Way Of Davidson County Inc has awarded 238 individual grants totaling $7,351,231. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DISTRIBUTE FUNDS TO OTHER TAX EXEMPT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLOCATIONS TO OTHER NONPROFITS AND PARTNER AGENCIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eddie Bowling Board Chair | OfficerTrustee | 1 | $0 |
Jeffrey Verdell Vice Chair | OfficerTrustee | 1 | $0 |
Sheri Woodyard Fund Distribution Chair | OfficerTrustee | 1 | $0 |
Joel Sandman Campaign Chair | OfficerTrustee | 1 | $0 |
Elizabeth Inabinett Treasurer | OfficerTrustee | 1 | $0 |
Walter Hoffman Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,158,690 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,158,690 |
Total Program Service Revenue | $0 |
Investment income | $22,497 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,181,716 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $830,783 |
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. | $75,075 |
Compensation of current officers, directors, key employees. | $42,042 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $89,351 |
Pension plan accruals and contributions | $4,505 |
Other employee benefits | $6,850 |
Payroll taxes | $12,857 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $31,873 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,549 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $14,400 |
Travel | $189 |
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 | $0 |
Insurance | $4,099 |
All other expenses | $18,579 |
Total functional expenses | $1,176,156 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $850,904 |
Pledges and grants receivable | $660,958 |
Accounts receivable, net | $921 |
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 | $11,821 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $318,529 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $51,835 |
Total assets | $1,894,968 |
Accounts payable and accrued expenses | $94,484 |
Grants payable | $0 |
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 | $51,835 |
Total liabilities | $146,319 |
Net assets without donor restrictions | $841,697 |
Net assets with donor restrictions | $906,952 |
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 | $1,894,968 |
Over the last fiscal year, United Way Of Davidson County Inc has awarded $822,420 in support to 22 organizations.
Grant Recipient | Amount |
---|---|
AMERICAN RED CROSS GREATER HIGH POINT DAVIDSON CHAPTER PURPOSE: Provide disaster preparedness and relief, including assistance to victims of single-family fires; emergency communication for members of the armed forces and their families. | $26,984 |
THE ARC OF DAVIDSON COUNTY PURPOSE: Provide advocacy and programs for people with intellectual and developmental disabilities, including a family support group, respite care, and residential support. | $12,475 |
COMMUNITIES IN SCHOOLS - THOMASVILLE PURPOSE: Serves as a catalyst for keeping at-risk students in school through tutoring, counseling and management activities; develop public/private partnerships and link with schools. | $34,329 |
COMMUNITIES IN SCHOOLS - LEXINGTON PURPOSE: Links at-risk students with mentors and assists in bringing resources into the schools. | $28,131 |
CANCER SERVICES OF DAVIDSON COUNTY PURPOSE: Serves cancer patients and their families by providing financial assistance for prescribed life-supporting cancer meds, equipment, supplies and nutritional support. | $37,852 |
NAZARETH CHILD & FAMILY CONNECTION PURPOSE: Serves individuals with mental health, substance abuse, and developmental disability needs.Provides services, education, and advocacy to reduce the long-term effects of child abuse | $15,772 |