Overview
What is The United Way Inc?
The United Way Inc, specifically the United Way of Amarillo & Canyon, is a dedicated nonprofit organization located in Amarillo, Texas. Their mission is to improve lives by harnessing the compassionate power of community. They accomplish this by recruiting individuals and organizations with passion, expertise, and resources, who then collectively raise funds to address human service needs. The United Way mobilizes these resources and volunteers to meet these needs, connecting people to services 24/7 through 2-1-1 Texas. Their work is focused on making systemic changes in the areas of education, income, and health, ultimately creating opportunities for a better life for all. Their team of 26 employees provides information and referral services, helping individuals determine not only their immediate needs but also addressing underlying causes. Additionally, they offer emergency assistance for travelers and families in crisis who demonstrate a validated need.
Official website here: www.unitedwayama.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
The United Way Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high standards of accountability and financial management. The organization has earned a perfect score in all assessed areas, indicating robust practices in areas such as financial oversight, independent governance, and transparency. The presence of a fully independent board and effective internal controls underscores its commitment to responsible stewardship of resources.
Strengths highlighted in the evaluation include a notable program expense ratio of 84.25%, meaning that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization demonstrates excellent fundraising efficiency, with only $0.12 spent to raise each dollar. This efficiency, combined with their sound financial health, as evidenced by a liabilities-to-assets ratio of just 21.20%, positions them strongly in the nonprofit sector.
While the rating reveals no major limitations, the focus on accountability and finance does not directly address program outcomes or impacts. Therefore, while The United Way Inc excels in financial integrity and governance, potential donors and stakeholders may want to seek additional information on the effectiveness of its programs and services to fully gauge its overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The United Way Inc legitimate?
The United Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The United Way 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: $188,454
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,041,628
For more financial information, click here
Official website here: www.unitedwayama.org
What is the mission statement of The United Way Inc?
The United Way Inc's mission is centered around improving lives through community involvement. They recruit individuals and organizations with passion, expertise, and resources to raise funds and mobilize community resources to meet human service needs. The organization utilizes these resources and volunteers to address various issues, including education, income, and health. United Way connects people to services round the clock through 2-1-1 Texas. They are proactive in making systemic changes to create opportunities for a better life for all.
Official website here: www.unitedwayama.org
Who is the CEO of The United Way Inc?
Kiley Murray is the Executive Di of The United Way Inc.
Official website here: www.unitedwayama.org
What is the revenue of The United Way Inc?
The United Way Inc's revenue in 2022 was $4,287,343.
Official website here: www.unitedwayama.org
Who are the executives of The United Way Inc and what are their salaries?
The average compensation at The United Way Inc during 2022 was $47,311. There are 26 employees and 500 volunteers at The United Way Inc.
Here are 46 key members and their salaries:
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- Other: $13,624
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Official website here: www.unitedwayama.org
Where can I find the form 990 for The United Way Inc?
The United Way Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedwayama.org
Learn more at the official website: www.unitedwayama.org
Mission Statement of The United Way Inc
The United Way Inc, with a mission to improve lives, leverages the caring power of community. They recruit individuals and organizations, bringing passion, expertise, and necessary resources, to raise funds for addressing human service needs. United Way mobilizes these community resources and volunteers, working tirelessly to meet these needs and connect people to services round-the-clock through 2-1-1 Texas. The United Way is at the forefront of making systemic changes in the areas of education, income, and health, aiming to create opportunities for a better life for all. By doing so, they strive to empower communities and individuals, fostering a sense of unity and collective action towards improving living standards.
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Impact
July, 2024
The United Way Inc's impact is evident in its mission to improve lives through the caring power of community. By recruiting passionate individuals and organizations with the necessary expertise and resources, they raise funds to address human service needs. Through initiatives in education, income, and health, they strive to create opportunities for a better life for all. Additionally, their community services provide vital resources and emergency assistance to those in need, ensuring that individuals are connected to the help they require. Through these efforts, The United Way Inc plays a crucial role in making systemic changes and positively impacting the lives of individuals in Amarillo, TX.
This information is meant to be a general summary of The United Way 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: $36,571
- Program Service Revenue: $15,954
- Gross Receipts: $4,417,257
Assets and Liabilities:
- Total Assets: $7,586,862
- Total Liabilities: $1,537,038
- Net Assets: $6,049,824
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEE INCOME
Revenue
$15,954
Organization Details
Founding Year
1987
Phone
(806) 376-6359Principal Officer
Kiley Murray
Main Address
2207 LINE AVE, AMARILLO, TX, 79106
Website
www.unitedwayama.orgNTEE Category
Code: T00 - Philanthropy
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