United Way Suncoast Inc

What it reported doing in 2024

Community resiliency community resiliency encompasses capacity building and disaster resiliency. Capacity building leverages our expertise to support, enhance and invest in our nonprofit partners. Disaster resiliency is our commitment to proactive preparation and response to disasters and emerging challenges. Capacity building is best defined as investment. That is because our investments in partner programs and capacity building efforts yield a return for the community. Every dollar we invest in increasing the capacity of our partners returns a value of $2.75 to the community. (continued on schedule o)we have built our capacity building efforts on a foundation of care that is data-informed, and people-focused. To achieve high quality community impact, our investment strategy includes supporting the development and growth of the people running our partner programs as well as sharing our expertise and eliminating our partners' administrative barriers. Instead of just asking our partners about their plans for sustainability, we contribute to it: our partners leveraged an additional $7.7 million through additional grants and donations as a direct result of our investment. When we strengthen the skills, instincts, abilities, processes, and resources that organizations need to survive, we increase the impact of our investments and our leadership. Disaster resiliency develops more impactful and effective strategies that create lasting community improvements and build relationships, provide leadership, and mobilize efforts efficiently amongst organizations active in disaster. During a disaster, united way suncoast works diligently to organize resources, connect those in need with agencies that can help, coordinate volunteer efforts, grow funding and grant programs, bridge communication, and leverage relationships to ensure our neighbors have the support they need to recover. In the aftermath of hurricanes helene and milton in 2024, uws has invested $1.2 million from its "together we recover fund" through collaborative efforts with its nonprofit partners, with plans to invest another $1 million before the end of 2025. In addition to collaboratively working with community organizations active in disasters (coads) and voluntary organizations active in disasters (voads) across all counties, united way suncoast is the lead agency for the manatee county coad. In this role, we bring together nonprofits, faith-based groups, government agencies, and community partners committed to safeguarding communities before, during, and after disasters. The goal is to amplify our efforts and reverse a predictable pattern: devastation strikes, help arrives, headlines fade, and communities are left to rebuild alone - until the next disaster hits and the cycle repeats. By helping residents tap into something bigger - a sustained network of support, technology, and partnershipscommunities are not just recovering; they are permanently disrupting the cycle of vulnerability.

Financial Efficiency

• Mission deployment rate: 80.9%; rating input score 81
• Program expense ratio: 77.2%; rating input score 77
• Fundraising efficiency: $7.07 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • 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: 99.4%; rating input score 99; 33rd 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; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -0.5%; rating input score 28; 28th percentile among comparable filings
• Total-asset coverage ratio: 2.35; rating input score 67; 67th percentile among comparable filings
• Liabilities to assets ratio: 0.16; rating input score 64; 64th percentile among comparable filings
• Officer compensation ratio: 6%; rating input score 43; 43rd percentile among comparable filings

Growth

• Program expense growth: -1.3% per year; rating input score 0; 7th percentile among comparable filings
• Revenue growth: -0.7% per year; rating input score 0; 6th percentile among comparable filings
• Asset growth: 5.9% per year; rating input score 100; 42nd percentile among comparable filings