United Way of the Southern Tier Inc

What it reported doing in 2024

Campaign allocations - uwst administers two primary types of funding streams to nonprofit organizations: allocations and strategic investment fund grants.allocations provide nonprofit organizations with program funding for operations, specifically those that align with uwst's main focus areas: southern tier kids on track, southern tier senior supports, and southern tier basic needs. - southern tier kids on track typically defines funding for services associated with ages birth to 8 years old, including early child care and education, targeted school-age programming, and parent supports for child success. - southern tier senior supports is defined as funding for services that help our senior population age safely in place. This includes those who need assistance to care for themselves, or in accomplishing their activities of daily living in and around the home. This also includes those who need home-delivered meals to meet their nutritional needs or transportation to medical appointments. - southern tier basic needs is defind as funding for services that help our most vulnerable neighbors. This includes those needing food for themselves and their families and those needing longer-term shelter, both to prevent and address homelessness.strategic investment fund grants are used to assist uwst in achieving its strategic goals in the community, making it possible for uwst to seize unanticipated opportunities for impact outside of the regular investment cycle. Additionally, the fund enables uwst to consider providing additional support to existing programs or strategic initiatives that experience an unanticipated, substantial change in client need which, if left unaided, compromises the impact of the program. Extra consideration can be given to those proposals which present opportunities to leverage additional resources that advance uwst's strategic interests.

Financial Efficiency

• Mission deployment rate: 76.8%; rating input score 77
• Program expense ratio: 84.8%; rating input score 85
• Fundraising efficiency: $22.33 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 93.7%; rating input score 94; 28th 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: 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: 11.3%; rating input score 65; 65th percentile among comparable filings
• Total-asset coverage ratio: 1.62; rating input score 55; 55th percentile among comparable filings
• Liabilities to assets ratio: 0.43; rating input score 25; 25th percentile among comparable filings
• Officer compensation ratio: 3.7%; rating input score 63; 63rd percentile among comparable filings

Growth

• Program expense growth: -1.7% per year; rating input score 0; 9th percentile among comparable filings
• Revenue growth: -0.4% per year; rating input score 0; 10th percentile among comparable filings
• Asset growth: 1.9% per year; rating input score 100; 19th percentile among comparable filings