United Way of Broome County Inc

What it reported doing in 2024

Community impact and initiatives programs, this refers to efforts working with community residents, organizations, leaders, and other stakeholders to further the united way of broome county, inc.'s mission and increase its investment in activities that promote the organization's vision. Through the development of shared community visions, the organization supports building blocks to a quality life: health, education, financial stability, and basic needs. Community impact and initiatives programs work on creating the greatest possible impact to improve outcomes for individuals and families and achieve community level change through the healthy lifestyles coalition (hlc), the united way of broome county's strategic priorities and basic needs grant program, the emergency grant program, the healthy lifestyles coalition grant program, and the capacity building grant program. Community volunteers serve on impact councils and make recommendations to the board of directors regarding the disbursement of funds raised in the annual community campaign to fund community partners through the listed grant programs. Funds used are monitored to ensure utilization meets high standards, set goals are achieved, and impact is attained. Periodic program and financial reports of funded community partners are submitted for review by the community impact and initiatives team, impact councils, and the board of directors. Community impact and initiatives programs understand community needs, are aware of community resources, and have knowledge of local and national best practice strategies. By leveraging and aligning the organization's unique strengths and abilities, community impact and initiatives programs engage in relationships and partnerships, and measure results, ensuring the highest level of accountability, integrity, and impact.

Financial Efficiency

• Mission deployment rate: 99.7%; rating input score 100
• Program expense ratio: 73.1%; rating input score 73
• Fundraising efficiency: $4.87 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.4%; rating input score 99; 38th 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: 4.2%; rating input score 48; 48th percentile among comparable filings
• Total-asset coverage ratio: 9.8; rating input score 91; 91st percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 83; 83rd percentile among comparable filings
• Officer compensation ratio: 2.7%; rating input score 71; 71st percentile among comparable filings

Growth

• Program expense growth: -0.6% per year; rating input score 0; 12th percentile among comparable filings
• Revenue growth: 0.4% per year; rating input score 100; 13th percentile among comparable filings
• Asset growth: 1.5% per year; rating input score 100; 18th percentile among comparable filings