UNITED WAY OF CENTRAL VIRGINIA INC

EIN: 540505923 501(c)(3)

LYNCHBURG, VA

Total Revenue
$1,670,020
Total Expenses
$1,490,055
Total Assets
$1,989,665
Net Assets
$1,118,380
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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
VA
Principal Officer
KIM SOERENSEN
Phone
4348468467
Tax Period
2024-07-01 to 2025-06-30

UNITED WAY OF CENTRAL VIRGINIA INC, founded in 1955, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Expenses of $1.5M left a modest 11% surplus.

Mission

UNITED WAY OF CENTRAL VIRGINIA ENHANCES THE QUALITY OF LIFE OF OUR LOCAL COMMUNITY BY IMPROVING ACCESS TO HEALTHCARE, ADVANCING EDUCATION, PROMOTING FINANCIAL STABILITY, AND ADDRESSING BASIC HUMAN NEEDS.

Program Service Accomplishments

Program 1
Expenses: $1,141,332 Revenue: $-235,179

UNITED WAY OF CENTRAL VIRGINIA (UWCV) RAISES FUNDS THROUGH INDIVIDUAL, CORPORATE, EVENTS AND EMPLOYEE WORKPLACE GIVING CAMPAIGNS TO SUPPORT HEALTH AND HUMAN SERVICE PROGRAMS. DURING THE REPORTING...

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UNITED WAY OF CENTRAL VIRGINIA (UWCV) RAISES FUNDS THROUGH INDIVIDUAL, CORPORATE, EVENTS AND EMPLOYEE WORKPLACE GIVING CAMPAIGNS TO SUPPORT HEALTH AND HUMAN SERVICE PROGRAMS. DURING THE REPORTING YEAR, UWCV ALLOCATED FUNDING TO 35 PROGRAMS OPERATED BY 24 NONPROFIT ORGANIZATIONS THROUGH A VOLUNTEER-LED REVIEW PROCESS WITH BOARD APPROVAL. FUNDED PROGRAMS SERVED 46,492 UNDUPLICATED INDIVIDUALS ACROSS CENTRAL VIRGINIA. UWCV ALSO SUPPORTED NONPROFIT CAPACITY THROUGH REGIONAL VOLUNTEER INITIATIVES, INCLUDING A FOOD DRIVE AND A DAY OF CARING EVENT, CONNECTING OVER 800 VOLUNTEERS WITH NONPROFIT PROJECTS.

Program 2
Expenses: $147,715 Revenue: $284,573

BRIGHT BEGINNINGS CENTRAL VIRGINIA (BBCV)BRIGHT BEGINNINGS CENTRAL VIRGINIA (BBCV) IS AN EARLY CHILDHOOD CARE AND EDUCATION INITIATIVE OF THE UNITED WAY OF CENTRAL VIRGINIA. BBCV CONVENES A NETWORK...

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BRIGHT BEGINNINGS CENTRAL VIRGINIA (BBCV)BRIGHT BEGINNINGS CENTRAL VIRGINIA (BBCV) IS AN EARLY CHILDHOOD CARE AND EDUCATION INITIATIVE OF THE UNITED WAY OF CENTRAL VIRGINIA. BBCV CONVENES A NETWORK OF EDUCATORS AND OTHER KEY STAKEHOLDERS TO ADDRESS ISSUES CONCERNING EARLY CHILDHOOD EDUCATION AND KINDERGARTEN READINESS. ITS COALITION INCLUDES AGENCIES, EARLY CHILDHOOD EDUCATORS, HEALTH PROVIDERS AND COMMUNITY ORGANIZATIONS THAT WORK TO ENSURE THAT CHILDREN IN OUR REGION ENTER KINDERGARTEN READY TO LEARN AND BE SUCCESSFUL IN SCHOOL AND BEYOND.BBCV WORKS WITH PUBLIC AND PRIVATE PROGRAMS, LICENSED CHILDCARE CENTERS, HOME-BASED AND RELIGIOUS CHILDCARE PROGRAMS, AND COLLABORATES WITH VIRGINIA'S READY REGION SYSTEM.BBCV ALSO COORDINATES THE DOLLY PARTON IMAGINATION LIBRARY FOR UWCV, A PROGRAM THAT PROVIDES A NEW, AGE-APPROPRIATE BOOK TO ENROLLED CHILDREN EACH MONTH UNTIL THEY REACH AGE FIVE. CHILDREN CAN BE ENROLLED AT BIRTH.BBCV IS CURRENTLY ENGAGED IN PLANNING A NEW AND EXCITING INITIATIVE TO ENHANCE THE QUALITY OF EARLY CHILDHOOD EDUCATION PROGRAMS, SUPPORTING CHILDREN AND EDUCATORS THROUGH THE AMERICORPS MODEL OF COMMUNITY SERVICE, AND WORKING WITH UWCV TO ADDRESS THE CONCURRENT ISSUES OF CHILDCARE AVAILABILITY AND WORKFORCE PARTICIPATION.

Program 3
Expenses: $6,303 Revenue: $15,000

COMMUNITY CONNECTOR PROGRAMUWCV'S COMMUNITY CONNECTOR PROGRAM PROVIDES CENTRALIZED, PERSONALIZED ASSISTANCE TO INDIVIDUALS AND FAMILIES IN LYNCHBURG AND THE COUNTIES OF APPOMATTOX, AMHERST, BEDFORD...

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COMMUNITY CONNECTOR PROGRAMUWCV'S COMMUNITY CONNECTOR PROGRAM PROVIDES CENTRALIZED, PERSONALIZED ASSISTANCE TO INDIVIDUALS AND FAMILIES IN LYNCHBURG AND THE COUNTIES OF APPOMATTOX, AMHERST, BEDFORD, AND CAMPBELL. THE PROGRAM SERVES APPROXIMATELY 900 INDIVIDUALS ANNUALLY THROUGH IN-PERSON AND PHONE-BASED SERVICES, ASSISTING WITH ACCESS TO HOUSING STABILIZATION, UTILITIES, FOOD, HEALTHCARE, CHILDCARE, AND EMPLOYMENT RESOURCES, WITH AN EMPHASIS ON LONG-TERM STABILITY AND SELF-SUFFICIENCY.

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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 $1,562,272
Program Service Revenue $0
Investment Income $72,725
Other Revenue $35,023
TOTAL REVENUE $1,670,020

Expense Breakdown

Grants Paid $696,667
Salaries & Benefits $503,452
Fundraising Expenses $103,342
Program Expenses $1,297,450
Other Expenses $289,936
TOTAL EXPENSES $1,490,055

Year-over-Year Comparison

2024 2023 Change
Revenue $1,670,020 $1,695,639 0.0%
Expenses $1,490,055 $1,968,898 -0.2%
Net Income $179,965 $-273,259 -1.7%
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
20
Independent Members
19
Employees
14
Volunteers
700

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
7
$124,994
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK PROFFITT IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
SCOTT BRABRAND CHAIR 1.00
Officer Director
$0 $0 $0
RANDALL FRANKLIN TREASURER 1.00
Officer Director
$0 $0 $0
MIKE CLARK SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN KRAKORA FUND DISTRIBUTION CHAIR 1.00
Officer Director
$0 $0 $0
STEVE LAMANNA CAMPAIGN CHAIR 1.00
Officer Director
$0 $0 $0
CARTER BROOCKS DIRECTOR 1.00
Director
$0 $0 $0
MIKE CONDREY DIRECTOR 1.00
Director
$0 $0 $0
FRANCES BREAKFIELD DIRECTOR 1.00
Director
$0 $0 $0
TY GAFFORD DIRECTOR 1.00
Director
$0 $0 $0
JOHN CROS DIRECTOR 1.00
Director
$0 $0 $0
ZACHARY JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
STEVE JACOBS DIRECTOR 1.00
Director
$0 $0 $0
JEREMY MARCUM DIRECTOR 1.00
Director
$0 $0 $0
ALLISON MORRISON-SHETLAR DIRECTOR 1.00
Director
$0 $0 $0
JASON TODD DIRECTOR 1.00
Director
$0 $0 $0
CATHY SACKETT DIRECTOR 1.00
Director
$0 $0 $0
CHRIS THOMSON DIRECTOR 1.00
Director
$0 $0 $0
JOSHUA WERTH DIRECTOR 1.00
Director
$0 $0 $0
KIM SORENSEN PRESIDENT & CEO 40.00
Officer
$116,012 $8,982 $124,994
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 $1,670,020 $1,490,055 $1,989,665 $179,965
2024 $1,695,639 $1,968,898 $1,974,131 $-273,259
2023 $3,549,818 $3,776,006 $2,402,415 $-226,188
2022 $3,230,219 $3,540,347 $2,499,491 $-310,128
2022 $3,237,525 $3,407,900 $2,451,405 $-170,375
2021 $3,198,402 $3,400,313 $2,972,810 $-201,911
2020 $2,486,701 $2,525,457 $3,034,445 $-38,756
2019 $2,417,746 $2,318,045 $3,054,681 $99,701
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