Burke County United Way

Nonprofit profile at a glance

EIN
560929553
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Morganton, NC, USA
Phone
8284330681
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Federated Giving Programs

Official website

Reported finances

Revenue
$795,369
Expenses
$471,237
Assets
$739,029
Liabilities
$11,110

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • CINDY DAVIES (PRESIDENT)
  • ALAN WOOD (PAST PRESIDENT)
  • MAUREEN MO SCHWIND (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MAUREEN MO SCHWIND (EXECUTIVE DIRECTOR): $33,431 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Building a stronger burke county community by empowering self sufficiency, increasing housing stability, and fostering opportunities and success for youth. We envision a community where all burke county individuals and families are equipped to live independently and thrive.

What it reported doing in 2024

Burke county united way's focus areas develop strong families. We believe that by building strong individuals, it buids strong families, and strong families build a strong community. Focus areas: financial self sufficiency: individuals/ families receive personalized financial coaching that assists individuals with safe and fair banking practices, reducing debt to income ratio, improving credit scores, building savings, and housing stability efforts. We provide financial coaching for both habitat for humanity and open hearts place, both organizations that create housing stability opportunities. Childcare for working families: childcare subsidies are provided to approved applicants whose income is below 200 % of the federal poverty level. Subsidy is provided for school-age children enrolled in the ymca childcare and camp programs. Our childcare families are referred to our financial empowerment program to work with certified financial coaches. Youth success: we impact the academic, emotional and social well being of burke county youth through various porgramming efforts, additionally coordinate access to opportunities such as extracurriucular activities, school supplies, hygiene kits, christmas gifts, reading buddies, and family movie nights.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 47% for direct work, and 53% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of total spending goes to programs and most voting board members are independent. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 66
  • Accountability: 100
  • Sustainability: 72
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 49.6%; rating input score 50
  • Program expense ratio: 80.8%; rating input score 81
  • Fundraising efficiency: $17.49 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.7%; rating input score 95; 26th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 0%; rating input score 0; 13th 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; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 40.8%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.57; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 7.1%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: -0.2% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -0.9% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: 49.6% of revenue deployed · 80.8% of spending went to programs
  • Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $381K in reported program spending
  • Leadership: top reported pay $33K · 17 people listed
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 55/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.