United Way of Cayuga County Inc

What it reported doing in 2024

The united way of cayuga county, inc. Is a not-for-profit corporation founded in 1922, whose mission is to increase the organized capacoty of people to care for one another. The organization is affiliated with united way worldwide, an international organization. The organization is governed by a volunteer board of directors. The organization funds the following programs: education: focus for this impact area is helping children and youth succeed in school, work and life. Funding in this area supports programs that focus on long-term solutions or address opportunity gaps in the cradale-to-career pipeline. These programs focus on building confidence and skills for life and include youth mentoring, youth recreation and help for youth in crisis which leads to preventing delinquency. Other programs include literacy, preschool and afterschool programs, scouting, and performance arts. Health: focus for this impact area is to ensure that children, adults and seniors improve their physical, emotional and mental well-being. Funding in this area works toward building a healthier, more resilient, communinty by promoting healthy eating, physical activity, and expanding access to quality health care. Funded programs support programs for caregivers, families with members in the armed forces, counseling, blood services, abuse prevention and substance abuse treatment, and personal care needs for the most vulnerable population in our community. Income/financial well-being: efforts are directed at empowering people with the tools and skills such as job training and financial wellness to help get them on stable financial ground. The result is people in the community have both improved financial stability and self sufficiency. Included in this area are homeless shelters and family transition programs. Safety net: strategies in this area help empower cayuga county residents to live healthy, prosperous lives by creating opportunities and removing barriers. Partners in this area help stabilize families in times of crisis as well as provide human needs such as food, shelter and safety, funded programs include comprehensive emergency assistance, energy assistance, resource assistance, transportation and counseling.

Financial Efficiency

• Mission deployment rate: 81.3%; rating input score 81
• Program expense ratio: 64.6%; rating input score 65
• Fundraising efficiency: $4.07 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 98.2%; rating input score 98; 46th 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: 4 of 7 controls in place; rating input score 57
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -4.9%; rating input score 24; 24th percentile among comparable filings
• Total-asset coverage ratio: 3.61; rating input score 79; 79th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: -4.9% per year; rating input score 0; 8th percentile among comparable filings
• Revenue growth: -2.7% per year; rating input score 0; 8th percentile among comparable filings
• Asset growth: 2.3% per year; rating input score 100; 27th percentile among comparable filings