United Way of North Central New Mexico

What it reported doing in 2024

United way administers the following programs: rising together the community impact team works on projects that deliver collective impact to its service area. We call this body of work rising together and it focuses on the following topics: k-12 learning, college/career readiness, adults in education and family resilience. K-12 learning: attendance and engagement uwncnm's attendance team support group (a collective impact team made up of community partners, school districts and the nm public education department) offers in-person conferences twice yearly and virtual workshops for school-based attendance teams statewide. The trainings offer tools and techniques teams can use to implement the attendance for success act and reduce chronic absenteeism. Nmped is taking on a larger role in implementing the conferences so that the attendance support group can focus on content going forward. Uwncnm also partners with nmped in presenting virtual workshops to address the needs of attendance teams in-between conferences. Uwncnm's attendance team support group continues to partner with aps to offer two annual aps specific conferences that support aps attendance teams as they create and implement their statewide attendance improvement plans. A major attendance topic in 2024 for all conferences was the importance of developing relationships with students and families as an important factor in reducing barriers to attendance. In total, 56 districts and over 150 schools participated. 93% of survey respondents said that after the conference, they felt positive about the direction of their attendance work and 97% of survey respondents agreed that, after the conference, they felt their school is more prepared to start their attendance strategies next school year more quickly. College/career readiness: valencia county partnership for a work ready community since 2017, uwncnm's valencia county partnership for a work ready community has been building a shared understanding of employers' needs so students can be better prepared for all possible opportunities after high school. The partnership has worked with over 7,600 students, 153 teachers and 93 businesses. Projects include resume writing workshops, mock interviews, employer presentations, student videos of career explorations and hiring fairs at los lunas, valencia and century high schools. In the annual summer teacher academy, employers present to teachers on the skills they look for when hiring. Participants come from belen, los lunas, school of dreams and moriarty edgewood schools. Consistently, nearly 90% of students say they have a better understanding of the skills needed in the workplace and 99% of teachers report a better understanding of what employers are looking for. Adults in education almost 300,000 adults in central New Mexico do not have a college degree or certificate. Research shows that, in addition to earning more, people with a higher education credential are more economically resilient and better able to survive economic downturns. Children of parents with post-high school education are more likely to complete high school and attain a credential themselves. Uwncnm works with schools, community organizations, employers and government to address barriers and create a system of support for adults who want to complete an educational credential but need help to do it. Higher education access & success echo this virtual network invites counselors, educational navigators, advisors, case managers, nonprofit staff and workforce development trainers to gain knowledge and connections to better support youth and adults on their higher education journeys. Echo uses short presentations on case studies related to individual or systems issues, and peer-to-peer suggestions and sharing. An average of 34 participants representing eight higher education institutions, six city/state agencies, twenty nonprofits, eight secondary schools and three businesses attended monthly sessions. Education-fri

Financial Efficiency

• Mission deployment rate: 82.8%; rating input score 83
• Program expense ratio: 81.7%; rating input score 82
• Fundraising efficiency: $7.31 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 46.3%; rating input score 46; 11th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 96.9%; rating input score 97; 31st percentile among comparable filings
• Governance controls: 9 of 9 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: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -0.9%; rating input score 27; 27th percentile among comparable filings
• Total-asset coverage ratio: 1.45; rating input score 50; 50th percentile among comparable filings
• Liabilities to assets ratio: 0.24; rating input score 54; 54th percentile among comparable filings
• Officer compensation ratio: 5.6%; rating input score 46; 46th percentile among comparable filings

Growth

• Program expense growth: -0.4% per year; rating input score 0; 9th percentile among comparable filings
• Revenue growth: -4.1% per year; rating input score 0; 3rd percentile among comparable filings
• Asset growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings