United Way Of Magic Valley Inc is located in Twin Falls, ID. The organization was established in 1972. 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 12/2021, United Way Of Magic Valley Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Magic Valley 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 12/2021, United Way Of Magic Valley Inc generated $716.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $727.5k during the year ending 12/2021. While expenses have increased by 16.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
UNITED WAY COLLECTS DONATIONS TO BE DISTRIBUTED TO OTHER CHARITIES. IT ALSO CONDUCTS PROGRAMS TO PROVIDE SERVICES TO THE PUBLIC TO FURTHER ITS MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTIONS TO NON-PROFIT ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Maikranz Executive Director | Officer | 36 | $59,038 |
Debbie Kytle Chairperson | OfficerTrustee | 2 | $0 |
Mark Hansen Park Chairperson | OfficerTrustee | 2 | $0 |
Sarah Thompson Secretary | OfficerTrustee | 2 | $0 |
Kai Matthews Treasurer | OfficerTrustee | 2 | $0 |
Jeremy Vaughn Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $25,400 |
All other contributions, gifts, grants, and similar amounts not included above | $715,134 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $740,534 |
Total Program Service Revenue | $0 |
Investment income | $63 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$24,141 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $716,456 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $298,250 |
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. | $68,220 |
Compensation of current officers, directors, key employees. | $8,187 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $72,890 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,875 |
Payroll taxes | $36,407 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,091 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,242 |
Advertising and promotion | $1,542 |
Office expenses | $17,184 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,140 |
Travel | $13,567 |
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 | $2,385 |
All other expenses | $993 |
Total functional expenses | $727,463 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $376,528 |
Savings and temporary cash investments | $11,106 |
Pledges and grants receivable | $5,255 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $392,889 |
Accounts payable and accrued expenses | $10,714 |
Grants payable | $0 |
Deferred revenue | $222,634 |
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 | $0 |
Total liabilities | $233,348 |
Net assets without donor restrictions | $124,104 |
Net assets with donor restrictions | $35,437 |
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 | $392,889 |
Over the last fiscal year, United Way Of Magic Valley Inc has awarded $220,000 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
A CHANCE FOR CHANGE PURPOSE: TO FURTHER THE RECEIVING ORGANIZATION'S EXEMPT PURPOSE | $30,000 |
JEROME SCHOOL DISTRICT PURPOSE: TO FURTHER THE RECEIVING ORGANIZATION'S EXEMPT PURPOSE | $30,000 |
Twin Falls, ID PURPOSE: TO FURTHER THE RECEIVING ORGANIZATION'S EXEMPT PURPOSE | $30,000 |
SUCCESS LEARNING CENTER PURPOSE: TO FURTHER THE RECEIVING ORGANIZATION'S EXEMPT PURPOSE | $30,000 |
Twin Falls, ID PURPOSE: TO FURTHER THE RECEIVING ORGANIZATION'S EXEMPT PURPOSE | $25,000 |
LINCOLN COUNTY YOUTH CENTER PURPOSE: TO FURTHER THE RECEIVING ORGANIZATION'S EXEMPT PURPOSE | $20,000 |
Over the last fiscal year, we have identified 3 grants that United Way Of Magic Valley Inc has recieved totaling $32,495.
Awarding Organization | Amount |
---|---|
Idaho Community Foundation Inc Boise, ID PURPOSE: EARLY EDUCATION IN JEROME COMMUNITY USING READY! FOR KINDERGARTEN | $20,000 |
Idacorp Employee Community Services Fund Inc Boise, ID PURPOSE: PROGRAM RELATED EXPENDITURES | $12,480 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Organization Name | Assets | Revenue |
---|---|---|
Opportunity Village Foundation Las Vegas, NV | $82,150,112 | $9,952,519 |
United Way Of The Columbia- Willamette Portland, OR | $45,244,176 | $37,813,880 |
United Way Of Salt Lake Salt Lake City, UT | $28,992,111 | $11,102,852 |
United Way Of Southern Nevada Inc Las Vegas, NV | $13,273,511 | $9,207,930 |
United Way Of Northern Utah Ogden, UT | $14,414,361 | $4,637,663 |
Jewish Federation Of Greater Seattle Seattle, WA | $93,924,162 | $8,143,793 |
United Way Of Lane County Springfield, OR | $6,356,824 | $7,869,717 |
United Way Of Pierce County Tacoma, WA | $15,711,259 | $8,056,312 |
Billings Clinic Foundation Billings, MT | $116,767,576 | $17,438,060 |
United Way Of The Mid-Willamette Valley Salem, OR | $5,554,350 | $5,986,237 |
United Way Of Central And Southern Utah Provo, UT | $1,777,988 | $5,427,795 |
Auburn Food Bank Auburn, WA | $1,209,621 | $5,152,284 |