Overview
What is United Way Of The Capital Area?
United Way of the Capital Area is a nonprofit organization situated in Jackson, Mississippi. Their primary focus lies in education, ensuring that children are adequately prepared for school and that more students have the opportunity to graduate from college. To accomplish this, they engage in various initiatives, including early childhood programs, school-based, and after-school programs. Their work with Jackson Public Schools impacted 20,401 students, contributing to a remarkable graduation rate of 84.6%. Beyond education, their mission is to offer opportunities that empower individuals to construct successful lives. Ultimately, their aim is to improve lives and strengthen communities by uniting individuals with the necessary will, passion, expertise, and resources needed to address challenges effectively. With a team of nine dedicated employees, United Way of the Capital Area continues to make a difference in the community.
Official website here: www.myunitedway.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%
United Way of the Capital Area has received a Four-Star out of Four Star rating from Charity Navigator, which signifies a high level of accountability and financial health. The organization scored exceptionally well across various metrics, including a perfect score for the independence of its board members and the absence of any material diversion of assets. Overall, these ratings reflect a strong commitment to transparency and effective governance.
The nonprofit demonstrates robust financial management practices, as evidenced by its impressive scores in audit oversight and financial ratios. With a liability-to-assets ratio of just 5.15% and a working capital ratio of 1.23 years, the organization appears to be in a solid financial position, indicating it effectively manages its resources and can sustain its operations over time.
While the data provided does not indicate specific limitations or areas for improvement, the high ratings overall suggest that United Way of the Capital Area is a well-managed organization dedicated to its mission, 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 The Capital Area legitimate?
United Way Of The Capital Area is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of The Capital Area 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: $196,955
Professional Fundraising Fees: $0
Other Salaries and Wages: $255,440
For more financial information, click here
Official website here: www.myunitedway.com
What is the mission statement of United Way Of The Capital Area?
The United Way of the Capital Area's mission is to improve lives and strengthen communities by bringing together individuals with the necessary will, passion, expertise, and resources to address pressing issues. They provide opportunities that empower people to build successful lives, specifically focusing on education. Their efforts in education aim to ensure children are prepared to start school ready to learn and increase the number of students who graduate from college. This encompasses early childhood programs, school-based, and after-school initiatives. In Jackson Public Schools, their work with the school system resulted in a graduation rate of 84.6%.
Official website here: www.myunitedway.com
Who is the CEO of United Way Of The Capital Area?
Michael Collins is the Chair Person of United Way Of The Capital Area. The CEO's salary of United Way Of The Capital Area is $120,144 and their total compensation is $137,099.
Official website here: www.myunitedway.com
What is the revenue of United Way Of The Capital Area?
United Way Of The Capital Area's revenue in 2022 was $1,554,122.
Official website here: www.myunitedway.com
Who are the executives of United Way Of The Capital Area and what are their salaries?
The average compensation at United Way Of The Capital Area during 2022 was $50,266. There are 9 employees and 258 volunteers at United Way Of The Capital Area.
Here are 19 key members and their salaries (United Way Of The Capital Area's CEO's salary is $120,144 and their total compensation is $137,099):
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- Compensation: $120,144
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- Other: $16,955
- Compensation: $49,615
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- Other: $10,239
Official website here: www.myunitedway.com
Where can I find the form 990 for United Way Of The Capital Area?
United Way Of The Capital Area's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.myunitedway.com
Learn more at the official website: www.myunitedway.com
Mission Statement of United Way Of The Capital Area
United Way of the Capital Area is an organization with a mission to improve lives and build strong communities. They achieve this by uniting individuals with the will, passion, expertise, and resources needed to solve problems. In particular, United Way focuses on education, aiming to ensure that children are prepared to enter school ready to learn and that more students are prepared to graduate from college. This involves supporting early childhood programs, school-based initiatives, and after-school programs. One example of their impact is in Jackson Public Schools, where their work with the school system led to a transformation in learning, resulting in a graduation rate of 84.6% for 20,401 students.
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Impact
July, 2024
United Way Of The Capital Area impacts the community by providing opportunities that empower people to build successful lives. Through their focus on education, they ensure that children are prepared to enter school ready to learn and that more students are ready to graduate college. For example, their work with the Jackson Public Schools has resulted in a graduation rate of 84.6%, impacting 20,401 students. By uniting individuals with the will, passion, expertise, and resources needed to solve problems, United Way Of The Capital Area helps improve lives and build strong communities in Jackson, MS.
This information is meant to be a general summary of United Way Of The Capital Area. 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.
- Investment Income: -$15,201
- Program Service Revenue: $11,495
- Gross Receipts: $1,580,961
Assets and Liabilities:
- Total Assets: $2,769,747
- Total Liabilities: $185,814
- Net Assets: $2,583,933
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN & PROCESSING FEE
Revenue
$7,627
FUNDRAISING FEE
Revenue
$3,868
Organization Details
Founding Year
1939
Phone
(601) 948-4725Principal Officer
Michael Collins
Main Address
PO BOX 23169, JACKSON, MS, 392253169
Website
www.myunitedway.comNTEE Category
Code: T70Z - Philanthropy
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