UNITED WAY OF LINCOLN COUNTY

EIN: 237125926 501(c)(3) Philanthropy & Grantmaking

Lincolnton, NC

Total Revenue
$457,224
Total Expenses
$461,766
Total Assets
$464,735
Net Assets
$445,852
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
NC
Principal Officer
Michelle
Phone
7042408621
Tax Period
2024-04-01 to 2025-03-31

UNITED WAY OF LINCOLN COUNTY, founded in 1960, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $457K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

The Mission of the United Way of Lincoln is to increase the organized capacity of people to care for one another. The United Way of Lincoln County connects people, resources and ideas to create a thriving community characterized by stability, educational success, and healthy members of our community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $452,797
Program Service Revenue $0
Investment Income $4,427
Other Revenue $0
TOTAL REVENUE $457,224

Expense Breakdown

Grants Paid $280,769
Salaries & Benefits $115,738
Fundraising Expenses $21,590
Program Expenses $404,179
Other Expenses $65,259
TOTAL EXPENSES $461,766

Year-over-Year Comparison

2024 2023 Change
Revenue $457,224 $388,180 +0.2%
Expenses $461,766 $461,791 0.0%
Net Income $-4,542 $-73,611 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
22
Independent Members
22
Employees
4
Volunteers
184

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$68,804
Total Directors
22
$0
Key Employees
2
$86,891
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alisha Friday Executive Director 40
Officer Key Emp
$68,804 $0 $68,804
Tammy Dotson Finance Administrator 8
Key Emp
$18,087 $0 $18,087
Lindsey Huffman Past Chair 1
Officer Director
$0 $0 $0
Jordan Frye Board Member 1
Director
$0 $0 $0
Charlie Reep Board Member 1
Director
$0 $0 $0
Michelle Barnhart Board Chair 2
Officer Director
$0 $0 $0
Kennan Eaddy Board Member 1
Director
$0 $0 $0
Julie Bryne Treasurer 2
Officer Director
$0 $0 $0
Ross Bulla Board Member 1
Director
$0 $0 $0
Jamel Farley Board Member 1
Director
$0 $0 $0
Casey Gilbert Board Member 1
Director
$0 $0 $0
Natalie Graham Board Member 1
Director
$0 $0 $0
Jennifer Green Board Member 1
Director
$0 $0 $0
Lauren Heavner Board Member 1
Director
$0 $0 $0
Jen Howe Board Member 1
Director
$0 $0 $0
Chrystal Hoyle Board Member 1
Director
$0 $0 $0
Fred Jarrett Board Member 1
Director
$0 $0 $0
Kelley Miles Board Member 1
Director
$0 $0 $0
Jennifer Raimey Board Member 1
Director
$0 $0 $0
HD Reid Board Member 1
Director
$0 $0 $0
Aaron Swain Board Member 1
Director
$0 $0 $0
Robin Goodson Board Member 1
Director
$0 $0 $0
James Smith Board Member 1
Director
$0 $0 $0
Erica Tallent Board Member 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $457,224 $461,766 $464,735 $-4,542
2024 $388,180 $461,791 $472,332 $-73,611
2023 $579,146 $386,998 $536,535 $192,148
2022 $284,396 $375,618 $397,034 $-91,222
2021 $374,498 $378,552 $477,959 $-4,054
2020 $377,176 $418,758 $436,100 $-41,582
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