Granite United Way

Overview

Mission

Granite united way engages 20,000 donors and volunteers and hundreds of local decision making volunteers to raise and invest local dollars for our communities. We are leading change, creating more efficient and collaborative nonprofit community solutions.

What it reported doing in 2024

In partnership with the state of nh and the governor's office, granite united way administers the recovery friendly workplace initiative. The recovery friendly workplace initiative promotes individual wellness for granite staters by empowering workplaces to provide support for people recovering from substance use disorder. The recovery friendly workplace initiative gives business owners the resources and support they need to foster a supportive environment that encourages the success of their employees in recovery. Over 400 businesses in nh are designated rfws.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 80% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
026006033
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Headquarters
Manchester, NH, USA
Phone
6032242595
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and most voting board members are independent. The filing does not identify recipients for some grant dollars and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 61
  • Accountability: 100
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.8%; rating input score 95
  • Program expense ratio: 92.3%; rating input score 92
  • Fundraising efficiency: $32.84 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 20.6%; rating input score 21; 9th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.7%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.62; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.28; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 6.2%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 9.5% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 24th percentile among comparable filings

Details

  • Where the money goes: 94.8% of revenue deployed · 92.3% of spending went to programs
  • Governance: 29 of 29 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $12.5M in reported program spending
  • Leadership: top reported pay $281K · 34 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 7 annual filings from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 60 filed money-flow records
  • Related organizations: 55 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

34 people listed

Highest reported compensation

  • PATRICK TUFTS (PRIOR PRESIDENT&CEO (THROUGH 12/24)): $280,878 total reported compensation
  • CINDY READ (CFO): $149,231 total reported compensation
  • NICHOLE MARTIN REIMER (PRESIDENT & CEO (AS OF 12/24)): $140,607 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.