Overview
What is United Way Of Waco-Mclennan County?
United Way of Waco-Mclennan County is a local nonprofit organization situated in Waco, Texas, at 1227 N Valley Mills Dr STE 239. Their mission is to enhance the community by mobilizing resources to measurably improve lives, focusing on key areas such as education, health, financial stability, and safety net services. They achieve this by distributing grants, aiming for equitable, systemic change. With a team of eight dedicated individuals, United Way of Waco-Mclennan County works diligently to ensure all community members can realize their full potential.
Official website here: www.unitedwaywaco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star Rating
United Way of Waco-McLennan County has earned an overall score of 85%, reflecting a solid commitment to accountability and financial management. With a fully independent board of 15 members and a perfect score in multiple governance categories, the organization demonstrates a strong adherence to best practices in transparency and oversight. This includes well-documented policies on conflict of interest, whistleblower protections, and document retention.
The financial health of the organization is marked by a liabilities-to-assets ratio of 35.54%, indicating a relatively stable financial position. However, it has a program expense ratio of 61.17%, which, while generally positive, received a lower score in this category, suggesting room for improvement in allocating resources directly toward its programs and services.
Overall, while United Way of Waco-McLennan County shows a robust governance structure and strong financial oversight, stakeholders might want to pay attention to its program expense ratio to ensure that funds are being utilized effectively for community impact.
This AI summary has been generated from information found on Charity Navigator.
Is United Way Of Waco-Mclennan County legitimate?
United Way Of Waco-Mclennan County is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Way Of Waco-Mclennan County 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: $135,976
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,507
For more financial information, click here
Official website here: www.unitedwaywaco.org
What is the mission statement of United Way Of Waco-Mclennan County?
United Way of Waco-Mclennan County's mission is centered around enhancing the community by mobilizing resources. This organization strives to bring about measurable improvements in people's lives. They achieve this by funding grants to local agencies, with a focus on promoting equitable, systemic change in education, health, financial stability, and safety net services. The ultimate goal is to help individuals reach their full potential.
Official website here: www.unitedwaywaco.org
Who is the CEO of United Way Of Waco-Mclennan County?
Wendy Ellis is the CEO of United Way Of Waco-Mclennan County The CEO's salary of United Way Of Waco-Mclennan County is $123,749 and their total compensation is $135,976.
Official website here: www.unitedwaywaco.org
What is the revenue of United Way Of Waco-Mclennan County?
United Way Of Waco-Mclennan County's revenue in 2023 was $1,199,798.
Official website here: www.unitedwaywaco.org
Who are the executives of United Way Of Waco-Mclennan County and what are their salaries?
The average compensation at United Way Of Waco-Mclennan County during 2023 was $54,080. There are 6 employees and 145 volunteers at United Way Of Waco-Mclennan County.
Here are 18 key members and their salaries (United Way Of Waco-Mclennan County's CEO's salary is $123,749 and their total compensation is $135,976):
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- Compensation: $123,749
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- Other: $12,227
Official website here: www.unitedwaywaco.org
Where can I find the form 990 for United Way Of Waco-Mclennan County?
United Way Of Waco-Mclennan County's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.unitedwaywaco.org
Learn more at the official website: www.unitedwaywaco.org
Mission Statement of United Way Of Waco-Mclennan County
United Way of Waco-McLennan County is a community-strengthening organization that leverages resources to measurably enhance lives. Its mission, in essence, is to mobilize resources to spark equitable, systemic change in critical areas such as education, health, financial stability, and safety net services. The ultimate goal is to empower individuals to reach their full potential. The organization achieves this by funding grants to local agencies, aiming to influence systemic change and foster a community where everyone can thrive. By investing in these key sectors, United Way of Waco-McLennan County works tirelessly to create a more equitable and prosperous society for all.
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Impact
July, 2024
United Way of Waco-McLennan County strengthens the community by mobilizing resources to measurably improve lives. Through funding grants to local agencies, they work to effect equitable, systemic change in education, health, financial stability, and safety net services, with the goal of helping all people achieve their full potential. Their impact is felt in Waco, Texas, where they are dedicated to making a positive difference in the lives of individuals and families through their philanthropic efforts.
This information is meant to be a general summary of United Way Of Waco-Mclennan County. 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 2023.
- Investment Income: $7,254
- Gross Receipts: $1,199,798
Assets and Liabilities:
- Total Assets: $1,279,246
- Total Liabilities: $454,713
- Net Assets: $824,533
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Organization Details
Founding Year
1952
Principal Officer
Wendy Ellis
Website
www.unitedwaywaco.orgNTEE Category
Code: T70Z - Philanthropy
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