United Way Tar River Region

Nonprofit profile at a glance

EIN
560611545
IRS 990 coverage
2012–2022
Forms available
Form 990 2022
Location
Rocky Mount, NC, USA
Phone
2529372213
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,261,364
Expenses
$915,012
Assets
$1,963,590
Liabilities
$168,690

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

39 people listed

Executive titles in this filing

  • RICK MCMAHON (PRESIDENT/CHAIR)

Highest reported compensation

  • VIRGINIA W MOHRBUTTER (Executive Dir.): $92,706 total reported compensation
  • ALAN DAVIS (CFO): $63,626 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To unite people and resources to build a stronger community.

What it reported doing in 2022

The community development program is the broad, overall program that encompasses mulitple subprograms including nc 2-1-1; emergency food and shelter program; information, referral and volunteer support; nonprofit capacity building summit; and disaster relief.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 73% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 85
  • Accountability: 95
  • Sustainability: 66
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.1%; rating input score 57
  • Program expense ratio: 78.3%; rating input score 78
  • Fundraising efficiency: $7.55 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.2%; rating input score 88; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 90.7%; rating input score 91; 39th 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: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 27.5%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 2.15; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 17.1%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: -0.8% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -1.4% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 0.9% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • Where the money goes: 57.1% of revenue deployed · 78.3% of spending went to programs
  • Governance: 36 of 36 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $716K in reported program spending
  • Leadership: top reported pay $93K · 39 people listed
  • Consistency: 32 of 34 current checks pass · 2 findings to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2012 to 2022
  • Contacts: How to reach this organization
  • Money network: 20 filed money-flow records
  • Related organizations: 18 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.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • High — Financial Efficiency: Fundraising efficiency scored 28/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.