Overview
What is United Way Of Southern Kentucky Inc?
United Way of Southern Kentucky Inc is a distinguished nonprofit organization situated in Bowling Green, Kentucky, with an address at 1110 College Street, 42102. Their primary mission is to foster a stronger, more compassionate community by pooling resources effectively. Through a volunteer-driven process, they allocated $1,121,733 to programs serving a 10-county service area, focusing on seven priority areas: kindergarten readiness, college and career readiness, workforce development, affordable healthcare access, safe homes and communities, safety net, and transportation. The organization also distributed an additional $53,759 in donor-directed contributions. Their fund distribution strategy focuses on addressing the root causes of issues rather than just treating symptoms. With a team of 17 dedicated individuals, United Way of Southern Kentucky Inc is committed to making a positive impact in their community.
Official website here: www.uwsk.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
United Way Of Southern Kentucky Inc has achieved a commendable Four-Star rating with a score of 96%, indicating a strong commitment to accountability and financial practices. The high score reflects robust governance, with a fully independent board and comprehensive oversight mechanisms in place. The organization also successfully avoids any material diversion of assets and adheres to well-defined policies regarding conflicts of interest and whistleblower protections.
Strengths highlighted in the evaluation include a high program expense ratio of 87.63%, demonstrating that a significant portion of funds is directed towards its programs rather than administrative costs. The organization shows a favorable liabilities-to-assets ratio and maintains a stable working capital ratio, which suggests sound financial health. Furthermore, it has met all necessary requirements for transparency, ensuring that financial documents are accessible and appropriately reviewed.
However, while there is a strong emphasis on transparency and financial accountability, the fundraising efficiency ratio may raise some concerns, as it indicates potential challenges in generating funds efficiently. Overall, United Way Of Southern Kentucky Inc is recognized for its reliability and responsible management, making it a trustworthy choice for donors looking to support community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Southern Kentucky Inc legitimate?
United Way Of Southern Kentucky Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Southern Kentucky 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: $0
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Other Salaries and Wages: $536,809
For more financial information, click here
Official website here: www.uwsk.org
What is the mission statement of United Way Of Southern Kentucky Inc?
United Way of Southern Kentucky Inc's mission is to assume a leading role in assembling the necessary resources to foster a stronger, more compassionate community. Their primary goal is to direct funds towards programs that address the underlying causes of issues rather than just their symptoms. In the 10-county service area, they allocated $1,121,733 to over 43 programs, aligning with their priority focus areas such as education, income, health, safety net, and safety. Additionally, they processed and distributed $53,759 in donor-directed contributions.
Official website here: www.uwsk.org
Who is the CEO of United Way Of Southern Kentucky Inc?
Debbie Hills is the CEO of United Way Of Southern Kentucky Inc The CEO's salary of United Way Of Southern Kentucky Inc is $124,478 and their total compensation is $146,469.
Official website here: www.uwsk.org
What is the revenue of United Way Of Southern Kentucky Inc?
United Way Of Southern Kentucky Inc's revenue in 2024 was $2,820,854.
Official website here: www.uwsk.org
Who are the executives of United Way Of Southern Kentucky Inc and what are their salaries?
The average compensation at United Way Of Southern Kentucky Inc during 2024 was $28,253. There are 19 employees and 1174 volunteers at United Way Of Southern Kentucky Inc.
Here are 28 key members and their salaries (United Way Of Southern Kentucky Inc's CEO's salary is $124,478 and their total compensation is $146,469):
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- Compensation: $124,478
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- Other: $21,991
Official website here: www.uwsk.org
Where can I find the form 990 for United Way Of Southern Kentucky Inc?
United Way Of Southern Kentucky Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.uwsk.org
Learn more at the official website: www.uwsk.org
Mission Statement of United Way Of Southern Kentucky Inc
United Way of Southern Kentucky Inc is committed to leading the charge in bringing together the necessary resources to build a stronger, more compassionate community. Their mission, in essence, is to serve as a catalyst, bridging the gaps and uniting various resources to foster a community that values care and support. This organization's approach is rooted in a volunteer-driven process that prioritizes funding programs that address the root causes of issues rather than merely treating the symptoms. In their quest to strengthen the community, they allocate resources to more than 43 programs impacting seven priority focus areas, including education, income, health, safety net, and safety. This holistic approach allows United Way of Southern Kentucky Inc to touch lives in numerous ways, ensuring that the community thrives and grows together.
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Impact
July, 2024
United Way Of Southern Kentucky Inc is the leader in bringing together the resources to build a stronger, more caring community. Through its fund distribution process, over $1 million was allocated to programs serving a 10-county service area. Funding was awarded to more than 43 programs impacting seven priority focus areas, including education, income, health, and safety net services. This volunteer-driven process focuses on addressing the root causes of issues rather than just treating symptoms. Additionally, the organization processed and distributed over $53,000 in donor-directed contributions. United Way Of Southern Kentucky Inc's impact is significant in addressing community needs and improving the lives of individuals in the region.
This information is meant to be a general summary of United Way Of Southern Kentucky 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 2024.
- Investment Income: $126,765
- Program Service Revenue: $327,502
- Gross Receipts: $3,374,543
Assets and Liabilities:
- Total Assets: $6,817,020
- Total Liabilities: $1,150,806
- Net Assets: $5,666,214
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SOUTHERN KENTUCKY 2-1-
Revenue
$271,001
EARLY CHILDHOOD EDUCAT
Revenue
$56,501
Organization Details
Founding Year
1956
Principal Officer
Debbie Hills
Website
www.uwsk.orgNTEE Category
Code: T70Z - Philanthropy
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