UNITED WAY FOUNDATION OF INDIAN RIVER COUNTY INC

EIN: 274180892 501(c)(3) Philanthropy & Grantmaking

VERO BEACH, FL

Total Revenue
$1,578,209
Total Expenses
$311,825
Total Assets
$7,180,493
Net Assets
$6,914,604
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
FL
Principal Officer
MEREDITH EGAN
Phone
7725678900
Tax Period
2024-07-01 to 2025-06-30

UNITED WAY FOUNDATION OF INDIAN RIVER COUNTY INC, founded in 2010, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 80% operating margin.

Mission

THE UNITED WAY FOUNDATION OF INDIAN RIVER COUNTY'S MISSION IS SOLELY FOCUSED ON BUILDING A PERMANENT ENDOWMENT TO FOREVER SUPPORT THE WORK OF UNITED WAY OF INDIAN RIVER COUNTY. UNITED WAY AFFORDS DONORS THE OPPORTUNITY TO LEAVE A LEGACY THROUGH TWO FUNDS. THE ANNUAL CAMPAIGN ENDOWMENT FUND PERPETUATES A DONOR'S GIFT TO UNITED WAY'S ANNUAL CAMPAIGN TO FUND PARTNER AGENCY PROGRAMS WHILE THE GENERAL ENDOWMENT FUND SUPPORTS ALL THE CRITICAL FUNCTIONS OF UNITED WAY THROUGH AN ANNUAL DISTRIBUTION.

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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 $18,000
Program Service Revenue $0
Investment Income $1,560,209
Other Revenue $0
TOTAL REVENUE $1,578,209

Expense Breakdown

Grants Paid $177,320
Salaries & Benefits $78,141
Fundraising Expenses $58,641
Program Expenses $194,115
Other Expenses $56,364
TOTAL EXPENSES $311,825

Year-over-Year Comparison

2024 2023 Change
Revenue $1,578,209 $989,245 +0.6%
Expenses $311,825 $250,051 +0.2%
Net Income $1,266,384 $739,194 +0.7%
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
14
Independent Members
14
Employees
N/A
Volunteers
15

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
6
$208,889
Total Directors
15
$118,846
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANA M APFELBAUM BOARD MEMBER 1.00
Director
$0 $0 $0
ALEX BATT BOARD MEMBER 1.00
Director
$0 $0 $0
PETER CALFEE TREASURER 1.00
Officer Director
$0 $0 $0
MEREDITH EGAN CHIEF EXECUTIVE OFFICER 2.00
Officer Director
$10,000 $13,846 $118,846
CHRIS HILL BOARD MEMBER 1.00
Director
$0 $0 $0
STUART HIRSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
MARGO LIND CHAIRMAN 1.00
Officer Director
$0 $0 $0
MIKE MCGEE SECRETARY 1.00
Officer Director
$0 $0 $0
DAWN MICHAEL BOARD MEMBER 1.00
Director
$0 $0 $0
KYLE MORGAN BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON NORTHRUP VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
DILLON ROBERTS BOARD MEMBER 1.00
Director
$0 $0 $0
SUZANNE SELDES BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA SCHMITT BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE SWAN BOARD MEMBER 1.00
Director
$0 $0 $0
TRICIA CROCCO DIRECTOR OF FINANCE 2.00
Officer
$8,000 $10,043 $90,043
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 $1,578,209 $311,825 $7,180,493 $1,266,384
2024 $989,245 $250,051 $6,676,455 $739,194
2023 $373,122 $245,966 $5,564,977 $127,156
2022 $707,393 $241,719 $5,056,498 $465,674
2021 $264,384 $227,760 $5,747,331 $36,624
2020 $216,872 $203,388 $4,676,721 $13,484
2019 $881,128 $202,496 $4,772,064 $678,632
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