Yancey County United Fund Inc

Nonprofit profile at a glance

EIN
237125938
IRS 990-EZ coverage
2010–2012
Forms available
Form 990-EZ 2012
Location
Burnsville, NC, USA
Phone
8286820128
Rating
57
Verdict
MIXED
Rating confidence
Moderate
Sector
Federated Giving Programs

Official website

Reported finances

Revenue
$7,797
Expenses
$3,761
Assets
$12,668

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

5 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

United campaign to support other 501(c)3 organizations

What it reported doing in 2012

Monies are distributed to section 501(c)(3) organizations see schedule attached

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 82
  • Sustainability: 67
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 29.6%; rating input score 30
  • Program expense ratio: 61.4%; rating input score 61

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 51.8%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 3.37; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -167% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -15% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: -16.1% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 29.6% of revenue deployed · 61.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2010 to 2012
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.