Overview
What is Graham Area United Way?
Graham Area United Way is a nonprofit organization situated in Graham, Texas. Its primary objective is to collect funds within the local community, which are then distributed to various charitable organizations serving the Graham area. The organization's mission aligns with fostering a sense of community and supporting the wellbeing of its residents by channeling resources to deserving charities. With a small team of one employee, Graham Area United Way plays a crucial role in strengthening the social fabric of its community by empowering other local charities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 13%
The Graham Area United Way has received a low score of 13%, resulting in a Zero-Star out of Four Star rating. This rating reflects significant concerns in accountability and financial practices. A key area of concern is the absence of independent board members, which may compromise oversight and governance. Additionally, several critical policies, including conflict of interest and whistleblower policies, are missing, raising questions about the organization's operational integrity.
Despite some positive aspects, such as a material diversion of assets score of 10 out of 10, the lack of transparency is evident as the organization does not have essential documents and policies publicly available or listed on their website. This lack of transparency contributes to a low website score, which further hinders trust among potential donors and stakeholders.
The program expense ratio stands at 49.59%, indicating that less than half of the funds are allocated toward programmatic efforts, which is another limitation in the organization's financial health. With these notable weaknesses in governance and accountability, the Graham Area United Way faces challenges in building credibility and securing support from the community and donors.
This AI summary has been generated from information found on Charity Navigator.
Is Graham Area United Way legitimate?
Graham Area United Way is a legitimate nonprofit organization registered as a 501(c)(3) entity. Graham Area United Way 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: $34,711
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Graham Area United Way?
The Graham Area United Way's mission is centered around raising funds, which are then distributed to various charities within its operational area. This organization's primary goal is to contribute to the betterment of the local community by financially supporting other charitable organizations. By doing so, it plays a crucial role in addressing various societal needs and improving lives in its area of influence. The beneficiaries of these funds span the entire Graham, Texas community.
What is the revenue of Graham Area United Way?
Graham Area United Way's revenue in 2023 was $84,583.
Who are the executives of Graham Area United Way and what are their salaries?
The average compensation at Graham Area United Way during 2023 was $34,711. There is 1 employee at Graham Area United Way.
Here are 11 key members and their salaries:
- Compensation: $34,711
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- Other: $0
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Where can I find the form 990 for Graham Area United Way?
Graham Area United Way's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Graham Area United Way
Graham Area United Way, as a nonprofit organization, is dedicated to raising funds for distribution to various charities within its local area. Its mission is to act as a conduit for financial support, channeling resources to numerous beneficiaries across the community. By doing so, the organization aims to positively impact the lives of individuals and families in need, extending its reach to the entire Graham, Texas area.
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Impact
October, 2024
Graham Area United Way has a significant impact on the community by raising funds that are distributed to various local charities. This financial support enables these charities to address pressing needs and enhance services across the entire Graham, Texas area. By focusing on community collaboration and philanthropy, Graham Area United Way plays a vital role in strengthening local organizations, ultimately improving the well-being of residents and fostering a spirit of support and resilience within the community.
This information is meant to be a general summary of Graham Area United Way. 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: $1,509
- Gross Receipts: $84,583
Assets and Liabilities:
- Total Assets: $108,229
- Total Liabilities: $606
- Net Assets: $107,623
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Organization Details
Principal Officer
Susie Cerecedez
NTEE Category
Code: T70Z - Philanthropy
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