UNITED FUND OF STOKES COUNTY INC

EIN: 237135060 501(c)(3) Philanthropy & Grantmaking

DANBURY, NC

Total Revenue
$91,541
Total Expenses
$176,022
Total Assets
$71,677
Net Assets
$68,309
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NC
Principal Officer
SABRINA GATEWOOD
Phone
3365938904
Tax Period
2025-01-01 to 2025-12-31

UNITED FUND OF STOKES COUNTY INC, founded in 1958, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $92K in total revenue in fiscal year 2025. Revenue decreased 18% compared to the prior year. Expenses of $176K exceeded revenue, resulting in a 92% operating deficit.

Mission

PROVIDING ASSISTANCE TO ORGANIZATIONS MEETING THE NEEDS OF STOKES COUNTY CITIZENS

Program Service Accomplishments

Program 1
Expenses: $122,982

ALLOCATIONS TO AGENCIES PROVIDING SERVICES TO STOKES COUNTY CITIZENS

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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 (2025)

Revenue Breakdown

Contributions & Grants $60,442
Program Service Revenue $0
Investment Income $31,099
Other Revenue $0
TOTAL REVENUE $91,541

Expense Breakdown

Grants Paid $98,464
Salaries & Benefits $51,446
Fundraising Expenses $25,960
Program Expenses $122,982
Other Expenses $26,087
TOTAL EXPENSES $176,022

Year-over-Year Comparison

2025 2024 Change
Revenue $91,541 $111,993 -0.2%
Expenses $176,022 $123,725 +0.4%
Net Income $-84,481 $-11,732 +6.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
1
Volunteers
13

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
$0
Total Directors
12
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEREK EDWARDS BOARD MEMBER 5.00
Director
$0 $0 $0
TRACEY COLLINS BOARD MEMBER 5.00
Director
$0 $0 $0
HOMER DEARMIN BOARD MEMBER 5.00
Director
$0 $0 $0
JANELLE KENT BOARD MEMBER 5.00
Director
$0 $0 $0
TORY MABE BOARD MEMBER 5.00
Director
$0 $0 $0
LINDA MOORE BOARD MEMBER 5.00
Director
$0 $0 $0
PAM TILLMAN BOARD MEMBER 5.00
Director
$0 $0 $0
SABRINA GATEWOOD BOARD MEMBER 5.00
Officer Director
$0 $0 $0
DEAN GORDON BOARD MEMBER 2.00
Director
$0 $0 $0
ROBIN GREY BOARD MEMBER 2.00
Director
$0 $0 $0
JAMIE STOWE BOARD MEMBER 2.00
Director
$0 $0 $0
STACI WATKINS BOARD MEMBER 2.00
Director
$0 $0 $0
GERALD JONES PRESIDENT 10.00
Officer
$0 $0 $0
NANCY CAVANAUGH SECRETARY 5.00
Officer
$0 $0 $0
TAMMY BOWLES TREASURER 5.00
Officer
$0 $0 $0
MEGAN BENNETT EXECUTIVE DIRECTOR 20.00
Key Emp
$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 $91,541 $176,022 $71,677 $-84,481
2024 No data No data No data No data
2024 $151,707 $123,725 $202,176 $27,982
2023 $109,993 $118,576 $224,237 $-8,583
2022 $24,504 $126,466 $243,337 $-101,962
2021 $93,828 $103,498 $320,440 $-9,670
2020 $150,305 $115,355 $300,890 $34,950
2019 $153,217 $128,779 $290,528 $24,438
2018 $110,990 $152,846 $284,150 $-41,856
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