Heart of Florida United Way Inc

Nonprofit profile at a glance

EIN
590808854
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Orlando, FL, USA
Phone
4078350900
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Federated Giving Programs

Official website

Reported finances

Revenue
$21,765,416
Expenses
$22,043,978
Assets
$51,068,412
Liabilities
$6,311,569

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

Leadership & pay

43 people listed

Executive titles in this filing

  • JEFFERY HAYWARD (PRESIDENT AND CHIEF EXECUTIVE OFFICER)
  • CAROLYN SHERMER (SENIOR VICE PRESIDENT TECHNOLOGY)
  • JAHKIYA BELL (SENIOR ADVISOR TO THE PRESIDENT AND CEO)
  • ASHLEY BLASEWITZ (SENIOR VICE PRESIDENT COMMUNICATIONS & EXTERNAL RE)

Highest reported compensation

  • JEFFERY HAYWARD (PRESIDENT AND CHIEF EXECUTIVE OFFICER): $460,689 total reported compensation
  • JILL GREVI (CHIEF FINANCIAL OFFICER): $322,735 total reported compensation
  • GRACIELA NORIEGA JACOBY (CHIEF OPERATING OFFICER): $314,418 total reported compensation

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

Overview

Mission

The mission of heart of Florida united way is to improve lives by mobilizing the caring power of our communities. This is accomplished by standing up for the health, education, and financial stability of every person in central Florida.

What it reported doing in 2024

Heart of Florida united way serves as the lead agency for ryan white part b/general revenue, a Florida department of health-funded program that provides care and support to people living with HIV in orange, osceola, seminole and brevard counties. Additionally, heart of Florida united way receives federal funding from orange county government to provide technical assistance for the central Florida HIV planning council, a community planning group that makes recommendations to the recipient offices on ryan white part funds, through the management of the planning council support program. The planning council provides prevention and care planning for orange, osceola, seminole, lake and brevard counties.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 63% for direct work, 36% for grants, and 1% for affiliated organizations.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 44
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.3%; rating input score 80
  • Program expense ratio: 76.9%; rating input score 77
  • Fundraising efficiency: $8.26 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.7%; rating input score 95; 24th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 92.7%; rating input score 93; 22nd 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: -1.3%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 2.32; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 7.7%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: -2.6% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 80.3% of revenue deployed · 76.9% of spending went to programs
  • Governance: 33 of 33 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $17M in reported program spending
  • Leadership: top reported pay $461K · 43 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $458K reported
  • Consistency: 41 of 42 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 78 filed money-flow records
  • Related organizations: 71 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.