Overview
What is United Way Of Greater Texarkana Inc?
United Way of Greater Texarkana Inc is a nonprofit organization situated in Texarkana, Texas. With a focus on community support, they allocate funds annually to eligible 501(c) (3) charitable organizations, primarily through public donations. Their primary mission is to strengthen the local community by offering financial assistance to these member agencies, thereby addressing various social concerns and enhancing the overall well-being of the region. As of the provided information, the nonprofit has a modest workforce of three employees.
Official website here: www.texarkanaunitedway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
United Way Of Greater Texarkana Inc has received a Three-Star rating from Charity Navigator, with an overall score of 88%. This rating is derived solely from the organization's Accountability & Finance score, indicating a strong emphasis on financial integrity and transparency. The organization boasts a fully independent board and has received high marks for its financial oversight, including a perfect score for its audit and oversight committee.
The charity demonstrates a commendable commitment to accountability, with no material diversion of assets reported and a favorable liabilities to assets ratio of 14.85%. However, it should be noted that the organization lacks a conflict of interest policy, which has affected its score in that specific area. Despite this, the presence of well-documented policies regarding whistleblower protections and document retention adds to its organizational strength.
While the program expense ratio stands at 63.31%, which is somewhat lower than ideal, the overall financial management appears to be sound. Potential donors and stakeholders may appreciate the transparency in financial reporting and governance practices, although the absence of a conflict of interest policy might raise some concerns regarding decision-making processes.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Greater Texarkana Inc legitimate?
United Way Of Greater Texarkana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Greater Texarkana 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: $73,119
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,016
For more financial information, click here
Official website here: www.texarkanaunitedway.org
What is the mission statement of United Way Of Greater Texarkana Inc?
United Way of Greater Texarkana Inc's primary mission is to provide annual financial support to eligible non-profit organizations, specifically 501(c) (3) agencies. This support is primarily sourced from contributions received from the general public. The organization's activities are focused on distributing these funds to these member agencies, aiming to strengthen their capabilities and services for the community. However, further details regarding the specific objectives or areas of focus for these agencies are not provided in the information provided.
Official website here: www.texarkanaunitedway.org
Who is the CEO of United Way Of Greater Texarkana Inc?
Molly Riley is the Vice President of United Way Of Greater Texarkana Inc. The CEO's salary of United Way Of Greater Texarkana Inc is $73,119 and their total compensation is $85,488.
Official website here: www.texarkanaunitedway.org
What is the revenue of United Way Of Greater Texarkana Inc?
United Way Of Greater Texarkana Inc's revenue in 2022 was $849,477.
Official website here: www.texarkanaunitedway.org
Who are the executives of United Way Of Greater Texarkana Inc and what are their salaries?
The average compensation at United Way Of Greater Texarkana Inc during 2022 was $50,712. There are 3 employees and 650 volunteers at United Way Of Greater Texarkana Inc.
Here are 31 key members and their salaries (United Way Of Greater Texarkana Inc's CEO's salary is $73,119 and their total compensation is $85,488):
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- Other: $12,369
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Official website here: www.texarkanaunitedway.org
Where can I find the form 990 for United Way Of Greater Texarkana Inc?
United Way Of Greater Texarkana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texarkanaunitedway.org
Learn more at the official website: www.texarkanaunitedway.org
Mission Statement of United Way Of Greater Texarkana Inc
United Way of Greater Texarkana Inc is dedicated to providing annual support to various non-profit organizations. Specifically, it accomplishes this mission by receiving contributions from the public and distributing these funds to its 501(c) (3) member agencies. By doing so, the organization plays a crucial role in bolstering these non-profits and their initiatives. The contributions received from the public serve as a vital source of funds, enabling these organizations to continue their work in the community. This support is essentially the lifeline that keeps these non-profits functioning effectively, thereby contributing to the betterment of society as a whole.
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Impact
July, 2024
United Way of Greater Texarkana Inc's impact includes providing annual support to 501(c)(3) member agencies through contributions received from the public. This support includes endowments and allocations to various agencies in Texarkana, Texas. The organization plays a crucial role in enabling these member agencies to fulfill their missions and serve the community. Through its philanthropic endeavors, United Way of Greater Texarkana Inc helps address social issues and improve the quality of life in the region.
This information is meant to be a general summary of United Way Of Greater Texarkana 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.
- Investment Income: $215,772
- Gross Receipts: $859,584
Assets and Liabilities:
- Total Assets: $3,221,888
- Total Liabilities: $526,620
- Net Assets: $2,695,268
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Organization Details
Founding Year
1966
Phone
(903) 794-3105Principal Officer
Molly Riley
Main Address
PO Box 106, TEXARKANA, TX, 75504
Website
www.texarkanaunitedway.orgNTEE Category
Code: T00 - Philanthropy
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