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 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 IS SOLELY FOCUSED ON BUILDING A PERMANENT ENDOWMENT TO FOREVER SUPPORT THE WORK OF UNITED WAY OF INDIAN RIVER COUNTY. LONGTERM IN SCOPE, THE FOUNDATION AFFORDS DONORS THE OPPORTUNITY TO LEAVE A LEGACY AND EXTEND THEIR SUPPORT OF UNITED WAY BEYOND THEIR LIFETIME PRIMARILY THROUGH BEQUESTS AND OTHER PLANNED GIFTS.

Program Service Accomplishments

Program 1
Expenses: $194,115

THE UNITED WAY FOUNDATION OF INDIAN RIVER COUNTY IS COMMITTED TO BUILDING AN ENDOWMENT THAT WILL EXTEND UNITED WAY'S REACH BY FOREVER GENERATING FUNDS IN SUPPORT OF UNITED WAY'S WORK HERE IN OUR...

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THE UNITED WAY FOUNDATION OF INDIAN RIVER COUNTY IS COMMITTED TO BUILDING AN ENDOWMENT THAT WILL EXTEND UNITED WAY'S REACH BY FOREVER GENERATING FUNDS IN SUPPORT OF UNITED WAY'S WORK HERE IN OUR COMMUNITY. LONG-TERM IN SCOPE, THE FOUNDATION AFFORDS DONORS THE OPPORTUNITY TO LEAVE A LEGACY AND SHAPE THE FUTURE OF INDIAN RIVER COUNTY BY EXTENDING THEIR SUPPORT OF OUR LOCAL UNITED WAY BEYOND THEIR LIFETIME PRIMARILY THROUGH MAJOR GIFTS, BEQUESTS AND OTHER PLANNED GIFTS. THE ENDOWMENT IS COMPRISED OF TWO FUNDS: AN ANNUAL CAMPAIGN ENDOWMENT FUND AND A GENERAL ENDOWMENT FUND. THE ANNUAL CAMPAIGN ENDOWMENT FUND EMPLOYS A FORMULA TO ASSIST DONORS IN PERPETUATING, OR ENDOWING, THEIR GIFT TO THE ANNUAL CAMPAIGN AS MEMBERS OF THE LEADERSHIP LEGACY CIRCLE OR TOCQUEVILLE LEGACY CIRCLE. MORE NARROW IN FOCUS, THESE THOUGHTFUL LEGACY GIFTS WILL ONLY BE USED TO SUPPORT THE CRITICALLY IMPORTANT HEALTH AND HUMAN SERVICES PROGRAMS FUNDED BY THE UNITED WAY. GIFTS OF ANY SIZE CAN BE DIRECTED TO THE GENERAL ENDOWMENT FUND TO SUPPORT MORE BROADLY ALL OF THE IMPORTANT ROLES UNITED WAY PLAYS IN OUR COMMUNITY, INCLUDING, BUT NOT LIMITED TO; FUNDING FOR PARTNER AGENCIES, DISASTER RELIEF, EMERGENCY/CRISIS & SPECIAL PROJECTS GRANTS, UNITED WAY PROGRAMS, INITIATIVES AND SERVICES.

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Trantor Score

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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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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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