United Way Of Randolph Co Inc
- Assets
- $1.5m
- Revenue
- $634.7k
- Investments
- $398.8k
- Employees
- 4
- Location
- Asheboro, NC
- Founding
- 08/1960
- Data as of
- 06/2024
- EIN
- 56-6017883
Organization Overview
United Way Of Randolph Co Inc is located in Asheboro, NC. The organization was established in 1960. 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 06/2024, United Way Of Randolph Co 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 Randolph Co 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 06/2024, United Way Of Randolph Co Inc generated $634.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $616.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, United Way Of Randolph Co Inc has awarded 141 individual grants totaling $3,617,982. 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
2024
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
THE UNITED WAY OF RANDOLPH COUNTY, INC. ISSUES GRANTS TO OTHER EXEMPT ORGANIZATIONS.
AGENCY TRAINING AND TECHNICAL SUPPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Lackey President | OfficerTrustee | 1 | $0 |
Amber Scarlett Director | Trustee | 1 | $0 |
Allison Hammer Director | Trustee | 1 | $0 |
Cranford Knott Director | Trustee | 1 | $0 |
Justin Parks Treasurer | OfficerTrustee | 1 | $0 |
Greg Patton Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $524,554 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $524,554 |
| Total Program Service Revenue | $0 |
| Investment income | $15,571 |
| 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 | $634,700 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $287,339 |
| 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. | $93,047 |
| Compensation of current officers, directors, key employees. | $18,609 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,653 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,337 |
| Payroll taxes | $16,664 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,700 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,700 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $420 |
| Conferences, conventions, and meetings | $1,065 |
| Interest | $0 |
| Payments to affiliates | $7,996 |
| Depreciation, depletion, and amortization | $11,626 |
| Insurance | $4,109 |
| All other expenses | $16,138 |
| Total functional expenses | $616,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $612,237 |
| Savings and temporary cash investments | $106,966 |
| Pledges and grants receivable | $139,332 |
| Accounts receivable, net | $0 |
| 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 | $15,315 |
| Net Land, buildings, and equipment | $215,199 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $398,829 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,487,878 |
| Accounts payable and accrued expenses | $10,426 |
| Grants payable | $323,487 |
| 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 | $140,317 |
| Total liabilities | $474,230 |
| Net assets without donor restrictions | $502,804 |
| Net assets with donor restrictions | $510,844 |
| 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 | $1,487,878 |
Grants Awarded
Over the last fiscal year, United Way Of Randolph Co Inc has awarded $279,524 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ASH-RAND RESCUE SQUAD AND EMS PURPOSE: A highly trained and state certified organization providing emergency rescue and medical services to all areas of Randolph County. | $19,660 |
CHRISTIANS UNITED OUTREACH CENTER PURPOSE: Provides short-term crisis assistance with food, clothing, utility payments, rent, and other basic needs as well as shelter for homeless individuals and educational support for individuals trying to become less aid dependent by taking budget classes and job skill training. | $40,363 |
CENTRAL BOYS AND GIRLS CLUB PURPOSE: (Old Central School Gym) After School and summer programs for youth in Asheboro - particularly in the Eastside and Coleridge area. | $15,675 |
4-H PURPOSE: Offers youth development and mentoring programs. | $6,595 |
RANDOLPH COUNTY PARTNERSHIP FOR CHILDREN PURPOSE: Our purpose is to ensure all children enter school healthy and ready to succeed. Provides 20 different programs in the areas of early education, quality child care, school readiness, health, and family literacy which directly impact more than 5,000 children each year and every geographic area of the county. | $23,243 |
RANDOLPH SENIOR ADULTS ASSOCIATION PURPOSE: Operates 4 Senior Centers, Adult Day Care, Information & Assistance, and RCATS transportation that provide support services to elderly and disabled residents including meals-on-wheels, congregate lunch, medical and general trips, prescription assistance, caregiver respite, outreach and advocacy. | $94,969 |