Indiana Association of United Ways Inc

Nonprofit profile at a glance

EIN
351441961
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Indianapolis, IN, USA
Phone
3176608403
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Federated Giving Programs

Official website

Reported finances

Revenue
$18,345,860
Expenses
$20,505,532
Assets
$98,229,194
Liabilities
$346,886

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • MICHAEL K BUDD (PRESIDENT AND CEO)

Highest reported compensation

  • MICHAEL K BUDD (PRESIDENT AND CEO): $243,307 total reported compensation
  • JENNIFER GALLAGHER (BOARD MEMBER): $243,199 total reported compensation
  • MARK STEWART (BOARD MEMBER): $170,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Indiana united ways is the leading voice to advocate, engage, and partner with a strong united way network and key stakeholders to advance human well-being throughout Indiana.

What it reported doing in 2025

Statewide capital projects initiative (scpi): iuw seeks to provide funding to strategically important capital projects intended to expand or improve the quality of essential health and human services for individuals living in communities of all sizes across Indiana through scpi grants. Grants will be distributed in partnership and coordination with member local united ways serving the community for the purpose of advancing education, income, health, and basic needs priorities of the communities they serve. Grants range from $50,000 to $1,500,000 per award.

Operating model

Revenue model
Donor-supported. 72% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 91
  • Accountability: 90
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.5%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 81.8%; rating input score 82; 14th 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: -11.8%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 4.79; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: 6.2% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: 13.2% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 16.2% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 96.5% of spending went to programs
  • Governance: 18 of 22 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $19.8M in reported program spending
  • Leadership: top reported pay $243K · 27 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $183K reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 75 filed money-flow records
  • Related organizations: 110 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.

  • High — Sustainability: Operating margin scored 6/100.