United Way of Pitt County Inc

Nonprofit profile at a glance

EIN
560671360
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Greenville, NC, USA
Phone
2527581604
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,891,781
Expenses
$1,805,727
Assets
$801,680
Liabilities
$100,652

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

Leadership & pay

14 people listed

Executive titles in this filing

  • DWAIN COOPER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DWAIN COOPER (EXECUTIVE DIRECTOR): $89,978 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 pitt county, inc. (uwpc) is a nonprofit entity located in eastern North Carolina. Uwpc is a volunteer-driven organization that seeks to impact the greater pitt county community by focusing on the keys to a good life - education, income, health, and neighbors helping neighbors.the mission of united way of pitt county, inc. Is "to mobilize resources and leadership to build a stronger community" with underlying values of integrity, excellence, compassion, committment, inclusiveness and collaboration.the organization has an active, diverse board of trustees, which consists of local area business leaders, educators, financial specialists, and other professionals. The board is supported by committees that have oversight over various aspects of its operations.

What it reported doing in 2024

The united way of pitt county, inc. Focuses on three primary programs: school readiness - the provision of funds for tutoring and mentoring programs, literacy assistance programs, pre-school readiness, alternative learning programs, and truancy reduction.workforce development - the provision of funds for job training and placement, certification and training programs, and grants for adult education programs that lead to a high school diploma or equivalent.basic needs - the provision of funds for short-term, immediate relief to people in crisis (i.e. Disaster services), and the funding of essential needs of individuals such as food, clothing, and shelter.the organization conducts an annual fundraising campaign throughout eastern North Carolina to raise funds through corporate and individual pledges and gifts. Campaign funds are raised for the purpose of funding specific grant requests from local agencies that will have tremendous impact on the quality of health and human services in the greater pitt county area.

Operating model

Revenue model
Grant-funded. 70% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 92% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 67
  • Accountability: 90
  • Sustainability: 40
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.1%; rating input score 87
  • Program expense ratio: 91.2%; rating input score 91
  • Fundraising efficiency: $34.5 raised per $1 spent on fundraising; rating input score 71; 71st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 7.4%; rating input score 7; 25th 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.5%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 5%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 6.5% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: -3.7% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 87.1% of revenue deployed · 91.2% of spending went to programs
  • Governance: 15 of 15 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.6M in reported program spending
  • Leadership: top reported pay $90K · 14 people listed
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 4 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.

  • High — Transparency & Controls: Grant itemization coverage scored 7/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
  • Review — Sustainability: Officer compensation ratio scored 53/100.