United Way of Elgin Inc

What it reported doing in 2017

Education: our goal is to ensure that all families have the capacity to act as primary caregivers by creating home and school environments where children and youth have every opportunity to become educated, secure and prepared for adulthood. Goal 1: success by 6/creating successful early learners - provide children with the core skills to succeed in school and ensure a healthy start. Example: through early childhood learning programs at ywca elgin, 61 preschool children had access to quality affordable programing and educational opportunities; 96% reached age-appropriate developmental milestones. Northern Illinois food bank, 236 chronically hungry students received a backpack filled with enough nutritious food for themselves and their siblings throughout the school year. Goal 2: reading success - build literacy skills to ensure all students are reading at grade level by the end of the 3rd grade. Example: through both the boys & girls club of elgin and ywca elgin, 154 elementary and middle school students particpated in quality afterschool programs, motivating them to stay in school and decrease risky behaviors. An after-school tutoring program for 3rd graders helped 83% improve their reading skills in one school year. Goal 3: college and career readiness - provide opportunities for college and career readiness to ensure a community of engaged and successful adults. Example: at the youth leadership academy, 90% of cadets exhibited imporved academic performance; 99% demonstrated improvment in social/emotional skills.

Financial Efficiency

• Mission deployment rate: 82%; rating input score 82
• Program expense ratio: 81.1%; rating input score 81
• Fundraising efficiency: $14.78 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 16th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 95.4%; rating input score 95; 38th percentile among comparable filings
• Major donor itemization: No; rating input score 0
• 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: 0.1%; rating input score 36; 36th percentile among comparable filings
• Total-asset coverage ratio: 2.1; rating input score 67; 67th percentile among comparable filings
• Liabilities to assets ratio: 0.03; rating input score 68; 68th percentile among comparable filings
• Officer compensation ratio: 14.4%; rating input score 22; 22nd percentile among comparable filings

Growth

• Program expense growth: -5.3% per year; rating input score 0; 14th percentile among comparable filings
• Revenue growth: -3.5% per year; rating input score 0; 13th percentile among comparable filings
• Asset growth: -3.7% per year; rating input score 0; 16th percentile among comparable filings