UNITED WAY OF TRANSYLVANIA COUNTY

EIN: 237145022 501(c)(3)

BREVARD, NC

Total Revenue
$213,465
Total Expenses
$437,140
Total Assets
N/A
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
NC
Tax Period
2019-07-01 to 2020-06-30

UNITED WAY OF TRANSYLVANIA COUNTY, founded in 1955, is a small nonprofit that reported $213K in total revenue in fiscal year 2019. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $437K exceeded revenue, resulting in a 105% operating deficit.

Mission

TO BUILD A STRONGER TRANSYLVANIA COUNTY BY MOBILIZING OUR COMMUNITY TO EMPOWER PEOPLE TO IMPROVE THEIR LIVES.

Program Service Accomplishments

Program 1
Expenses: $426,831 Revenue: $213,465

1. FUNDED 10 PROGRAMS FROM 7 AGENCIES IN OUR REGULAR ALLOCATION POOL. THIS POOL REPRESENTS THOSE AGENCIES THAT HAVE BEEN SERVING INDIVIDUALS AND FAMILIES IN OUR COUNTY FOR 3 OR MORE YEARS (OVER 50...

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1. FUNDED 10 PROGRAMS FROM 7 AGENCIES IN OUR REGULAR ALLOCATION POOL. THIS POOL REPRESENTS THOSE AGENCIES THAT HAVE BEEN SERVING INDIVIDUALS AND FAMILIES IN OUR COUNTY FOR 3 OR MORE YEARS (OVER 50 YEARS IN SOME CASES), HAVE PROVEN TRACK RECORDS OF SERVICE AND ACCOUNTABILITY TO THE COMMUNITY AND WHO COMBINED HAD OVER 10,000 CLIENT OUTCOMES.2. JOINTLY, WITH COUNTY GOVERNMENT, FUNDED THE 2-1-1 HELP LINE FOR THE COUNTY. THIS SERVICE HAS HELPED OVER 1200 INDIVIDUALS AND FAMILIES, THIS PAST YEAR, FIND THE HELP THEY NEEDED WHEN THEY NEEDED IT, PROVIDED A SOURCE FOR VOLUNTEERS TO FIND A PLACE TO HELP, AND IS NOW PROVIDING DATA ON UNMET NEEDS FOR OUR COUNTY AND THE REGION.3. FUNDED GET CONNECTED, A VIRTUAL VOLUNTEER NETWORK ALLOWING ALL COMMUNITY AGENCIES TO POST VOLUNTEER NEEDS AND PEOPLE WATING TO VOLUNTEER TO FIND MATCHES FOR THEIR INTEREST. THE SITE HAD OVER 35,000 HITS. 4. FUNDED 6 COLLABORATIVE PROGRAMS WHERE TWO OR MORE AGENCIES WORK TOGETHER TO CREATE SUSTAINABLE IMPROVEMENTS IN THE LIVES OF A DEFINED POPULATION. WE ARE FUNDING (AND ADVISING) SIX COLLABORATIVES IN THE AREAS OF EDUCATION, FINANCIAL STABILITY AND HEALTH. THE TRAIN (TRANSYLVANIA RESOURCE ACCESS AND INFORMATION NETWORK) TO LINK OUR INTAKE AGENCIES, ENABLING TRUE CASE MANAGEMENT TO OCCUR, HAS BEEN OPERATING TWO YEARS NOW. NOT ONLY DOES IT NOW HAVE ALL OR ALMOST ALL OUR LOW TO MODERATE INCOME FAMILIES IN IT BUT ALSO IS DEMONSTRATING THE SUCCESS OF CASE MANAGEMENT WITH A NUMBER OF FAMILIES BEING GUIDED TO TRUE SELF-SUFFICIENCY. THE CONNECT COLLABORATIVE, AN ACTIVE PARTNERSHIP OF THE CHILDRENS CENTER, THE FAMILY PLACE, DSS AND NOW THE SCHOOL SYSTEM AND HEALTH DEPARTMENT HAS DEMONSTRATED A $116,000 SAVING/YEAR BY EMPOWERING FAMILIES TO ELIMATE RISH FACTORS TO AVOID HAVING CHILDREN GO INTO FOSTER CARE. FAMILIES AND MONEY IS A COLLABORATIVE BETWEEN ONTRACK & WESTERN CAROLINA COMMUNITY ACTION TO TEACH FINANCIAL EDUCATION SKILLS TO BOTH CHILDREN FROM 1ST-9TH GRADE AND THEIR PARENTS. FUNDED A COLLABORATIVE BETWEEN SAFE AND PISGAH LEGAL TO GET VICTIMS OF DOMESTIC VIOLENCE THE LOCAL LEGAL CARE THEY NEED. FINALLY, WE FUNDED THE BRIDGING THE GAP COLLABORATIVE BETWEEN NEIGHBORS IN MINISTRY AND EL CENTRO TO MENTOR FAMILIES AT HIGHER RISK OF NOT ADEQUATELY SUPPORTING THEIR CHILDREN.

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Trantor Score

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

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $199,176
Program Service Revenue $14,179
Investment Income $110
Other Revenue $0
TOTAL REVENUE $213,465

Expense Breakdown

Grants Paid $272,687
Salaries & Benefits $117,798
Fundraising Expenses $10,309
Program Expenses $426,831
Other Expenses $46,655
TOTAL EXPENSES $437,140

Year-over-Year Comparison

2019 2018 Change
Revenue $213,465 $410,288 -0.5%
Expenses $437,140 N/A N/A
Net Income $-223,675 $410,288 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD LINDGREN DIRECTOR 40.00
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
2020 $213,465 $437,140 No data $-223,675
2019 $408,270 $556,674 $445,109 $-148,404
2018 $521,422 $502,512 $571,343 $18,910
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