Overview
What is United Way Of Forsyth County Inc?
United Way of Forsyth County Inc is a local nonprofit organization based in Winston-Salem, North Carolina, with an address at 301 North Main St STE 1700 and a team of 46 employees. Their mission is to unite the community and mobilize resources to identify and address significant community needs, focusing on education, economic stability, and health. They invest funding in community-wide initiatives, encouraging their partners to collaborate on comprehensive, integrated programs to create lasting changes. Through strategic partnerships and alignment of resources, United Way of Forsyth County aims to make a measurable impact on their community.
Official website here: www.forsythunitedway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating) from Charity Navigator.
United Way of Forsyth County Inc has received a Three-Star rating, indicating a solid performance in terms of accountability and finance. With a score of 75 for Accountability & Finance and an impressive 87 for Culture & Community, the organization demonstrates a commitment to ethical governance and community engagement. Key financial metrics such as an 83.30% Program Expense Ratio and a low Fundraising Efficiency Ratio of $0.08 further illustrate their effective use of resources.
The organization is governed by a predominantly independent board, with 96% of its 31 members being independent, which enhances its credibility and accountability. Additionally, it has established policies for conflict of interest, whistleblowing, and document retention, reflecting a well-rounded approach to governance. The implementation of eight equity practices indicates a proactive stance towards inclusivity and fairness within its operations.
While the overall ratings are strong, there is always room for improvement. The organization could focus on enhancing its fundraising efficiency to better maximize contributions and support for its programs. Nevertheless, United Way of Forsyth County Inc appears to be effectively managing its resources and is committed to serving its community responsibly.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Forsyth County Inc legitimate?
United Way Of Forsyth County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Forsyth County Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $530,712
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,060,616
For more financial information, click here
Official website here: www.forsythunitedway.org
What is the mission statement of United Way Of Forsyth County Inc?
United Way of Forsyth County functions as a community catalyst, bringing together resources to identify and address significant needs. Their mission is to make lasting impacts on community outcomes by strategically aligning resources and forming partnerships. Through funding for community-wide initiatives, they focus on improving education, economic stability, and health. Encouraging collaboration among funded partners, they strive to create comprehensive, integrated programs that effectively address the community's needs.
Official website here: www.forsythunitedway.org
Who is the CEO of United Way Of Forsyth County Inc?
Antonia Monk Richburg is the President & of United Way Of Forsyth County Inc.
Official website here: www.forsythunitedway.org
What is the revenue of United Way Of Forsyth County Inc?
United Way Of Forsyth County Inc's revenue in 2022 was $13,512,937.
Official website here: www.forsythunitedway.org
Who are the executives of United Way Of Forsyth County Inc and what are their salaries?
The average compensation at United Way Of Forsyth County Inc during 2022 was $56,333. There are 46 employees and 1200 volunteers at United Way Of Forsyth County Inc.
Here are 35 key members and their salaries:
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- Compensation: $120,335
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- Other: $24,969
- Compensation: $109,380
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- Other: $21,866
- Compensation: $56,262
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Official website here: www.forsythunitedway.org
Where can I find the form 990 for United Way Of Forsyth County Inc?
United Way Of Forsyth County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forsythunitedway.org
Learn more at the official website: www.forsythunitedway.org
Mission Statement of United Way Of Forsyth County Inc
United Way of Forsyth County, a community catalyst, rallies resources to identify and address the most significant needs in the community. Their mission is to make a measurable and lasting impact on the local population by aligning resources and forging strategic partnerships.
United Way of Forsyth County takes a comprehensive approach to creating lasting changes in community outcomes. They focus on three main areas: education, economic stability, and health. By investing funding in community-wide initiatives, they encourage their funded partners to collaborate and create integrated programs to tackle the community's needs effectively.
The nonprofit organization brings together various stakeholders to address the root causes of social issues. Through their investments, they aim to foster long-term solutions that can lead to sustainable improvements in the community. Their partnerships allow for a holistic approach, with organizations working together to create comprehensive, interconnected programs. These initiatives aim to provide essential resources, support, and opportunities to those in need, ultimately contributing to the betterment of the entire community.
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Impact
October, 2024
United Way of Forsyth County, Inc. plays a pivotal role in strengthening the community by uniting resources and stakeholders to address critical needs. By focusing on education, economic stability, and health, it fosters comprehensive, integrated programs that tackle various challenges faced by residents. This organization serves as a catalyst for meaningful change, ensuring that community responses are coordinated and effective.
Through strategic partnerships and aligned resources, United Way effectively identifies significant community needs and develops initiatives that lead to measurable, lasting impacts. Its collaborative approach encourages funded partners to work together, leveraging their strengths to create sustainable solutions that benefit all community members. In Winston-Salem, this commitment to enhancing quality of life resonates deeply, making a notable difference in the lives of individuals and families throughout Forsyth County.
This information is meant to be a general summary of United Way Of Forsyth County Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $464,316
- Gross Receipts: $13,512,937
Assets and Liabilities:
- Total Assets: $7,740,159
- Total Liabilities: $10,880,634
- Net Assets: -$3,140,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE
Revenue
$464,316
Organization Details
Founding Year
1974
Phone
(336) 723-3601Principal Officer
Antonia Monk Richburg
Main Address
301 NORTH MAIN ST STE 1700, WINSTONSALEM, NC, 27101
Website
www.forsythunitedway.orgNTEE Category
Code: T00 - Philanthropy
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