United Way of Eddy County

Nonprofit profile at a glance

EIN
856004416
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Carlsbad, NM, USA
Phone
5758873504
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Federated Giving Programs

Official website

Reported finances

Revenue
$1,113,104
Expenses
$628,262
Assets
$1,205,411
Liabilities
$223,816

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

Leadership & pay

16 people listed

Highest reported compensation

  • Kyle Marksteiner (Executive Dir.): $75,761 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 United Way of Eddy Countys mission is to identify health and human service needs and responsibly apply resources to meet those needs. The organization strives to improve lives by serving as a resource and information portal, by distributing food and other vital resources, and by awarding grants to other nonprofits.

What it reported doing in 2024

211 Services: 211 services significantly increased from the previous fiscal year and 211 calls now average approximately 70 calls a month. The United Way of Eddy County continues to facilitate programs to assist with electric, water and gas bills. The UWEC paid 83 electric bills during the 2024 calendar year. The United Way of Eddy County has recently added a program to assist families during a fire or other emergency. Food Distribution: The United Way of Eddy County continued to organize a monthly food distribution effort. The effort fed 225 families per month at the start of the fiscal year, but was feeding 275 families by the end of the fiscal year. Transit Service: The United Way of Eddy County reimburses Carlsbad Municipal Transit for certain rides to veterans and provides transit passes on an as-needed basis. Special Events: Through its Stuff the Bus program, the United Way of Eddy County raised approximately $38,000 in school supplies for local children. The organizations Day of Caring saw 200 volunteers assist with repairs at ten agencies. The United Way conducts small events throughout the year, such as facilitating a giveaway of bed frames and mattresses and multiple holiday food drives. Scholarships: The United Way of Eddy County provided four scholarships to Eddy County residents during this fiscal year, totaling $6,000. Participating Agencies: Distributions providing financial support to participating local 501(c)(3) organizations in Eddy County qualifying for funding under United Way's participating agency funding guidelines, requirements and obligations. During the fiscal year, the following activities were funded. Affirming Hearts Foundry Home provides residence for teenagers Artesia Literacy Council Artesias Haven of Hope Carlsbad Transitional Housing and Homeless Shelter Carlsbad Literacy Program Carlsbad Community Anti-drug / Gang Coalition Carlsbad and Artesia LifeHouse Carlsbad Community of Hope Center Carlsbad Battered Families Shelter Carlsbad Boys & Girls Club Eddy County CASA provides court appointed special advocates Grammys House is a domestic violence shelter Oasis Womens Center SENM Community Action Corporation- program providing meals to seniors. West Texas Counseling & Guidance Carlsbad Main Street Oasis Christian Fellowship Abundant Harvest Food Program

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 50% for direct work, and 50% for grants.

The verdict

SUPPORTED - The filed numbers largely add up 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: 56
  • Transparency & Controls: 79
  • Accountability: 95
  • Sustainability: 68
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43%; rating input score 43
  • Program expense ratio: 75.7%; rating input score 76
  • Fundraising efficiency: $23.83 raised per $1 spent on fundraising; rating input score 63; 63rd 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: 55%; rating input score 55; 30th 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: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 43.6%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 1.92; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 12.1%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: -1.7% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: -3.8% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 43% of revenue deployed · 75.7% of spending went to programs
  • Governance: 14 of 14 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $476K in reported program spending
  • Leadership: top reported pay $76K · 16 people listed
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 9 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.

Key Signals

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

  • Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
  • Review — Transparency & Controls: Grant itemization coverage scored 55/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.