United Way of Franklin County Inc

Nonprofit profile at a glance

EIN
561875455
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Louisburg, NC, USA
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Federated Giving Programs

Official website

Reported finances

Revenue
$158,000
Expenses
$291,790
Assets
$233,355
Liabilities
$1,104

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

Leadership & pay

6 people listed

Executive titles in this filing

  • ANDREA WRIGHT (EXECUTIVE DIRECTOR)

People named in this filing

  • ANDREA WRIGHT (EXECUTIVE DIRECTOR)
  • Brian Brazeau (CHAIR)
  • KAREN WILSON (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To unite people and resources to build a strong community network focused on improving the quality of life by effectively addressing the health social services and educational needs of the people of franklin county.

What it reported doing in 2024

Funding the innovation mobile lab providing an opportunity to lead efforts in stem education and provide accessible learning experiences and exposure for children in franklin county and across North Carolina

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 68% for direct work, and 32% for 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 and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 93
  • Sustainability: 23
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 76.1%; rating input score 76

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 3rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -84.7%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 46; 46th percentile among comparable filings
  • Officer compensation ratio: 13.1%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 156.5% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: -3.7% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -1.6% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 76.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $222K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 46/100.