United Way of the Cape Fear Area Inc

EIN: 560529949 501(c)(3) Philanthropy & Grantmaking

Wilmington, NC

Total Revenue
$3,179,616
Total Expenses
$3,408,834
Total Assets
$1,877,770
Net Assets
$1,032,427
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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NC
Principal Officer
Tommy Taylor
Phone
9107983900
Tax Period
2023-07-01 to 2024-06-30

United Way of the Cape Fear Area Inc, founded in 1946, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.2M in total revenue in fiscal year 2023.

Mission

For every 1$ an individual donated last year, $4.94 was invested into local programs and initiatives. The United Way of the Cape Fear Area (UWCFA) mission is to work with our community to leverage resources to improve the lives of local people. The last two years UWCFA leveraged more resources and invested them into the community than any other time in the history of the organization.

Program Service Accomplishments

Program 1
Expenses: $729,116

Senior Community Service Employment program (SCSEP) has been affiliated with the United Way of the Cape Fear Area for more than 30 years. This Federally funded program trains and prepares low-income...

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Senior Community Service Employment program (SCSEP) has been affiliated with the United Way of the Cape Fear Area for more than 30 years. This Federally funded program trains and prepares low-income senior workers (55 and older) for entry or re-entry into the workforce.

Program 2
Expenses: $24,222

The Marketing and Communications program supports key functions within UWCFA's structure including: community impact; resource development; SCSEP; and other critical initiatives identified by the...

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The Marketing and Communications program supports key functions within UWCFA's structure including: community impact; resource development; SCSEP; and other critical initiatives identified by the community. UWCFA Marketing works to build awareness and visibility of the brand as a way to continually educate and inform the general public about what UWCFA and it's member agencies do and how this system of services are intertwined in the community. UWCFA uses visual and written communications and a variety of different advertising vehicles including: print, digital and social media avenues.

Program 3
Expenses: $2,116,924

UWCFA, a local independent, autonomous 501(c)(3) nonprofit organization, is affiliated with United Way Worldwide. To maintain this membership, UWCFA adheres to numerous performance standards designed...

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UWCFA, a local independent, autonomous 501(c)(3) nonprofit organization, is affiliated with United Way Worldwide. To maintain this membership, UWCFA adheres to numerous performance standards designed to ensure good volunteer governance, financial accountability and overall transparency. These standards are integrated with UWCFA's business model to assure the use of efficient administrative practices that maximize community impact. Community impact is the means by which donors can invest their charitable gifts in addressing the community's most critical issues and challenges and actually see measurable results of 71 local programs and initiatives that are changing lives. UWCFA provided your community with $3,202,315 in grants and allocations between July 1st 2023 and June 30th 2024. Each year, over 600 volunteer hours are invested in making sure each 3-year investment provides the best social return on the donation for the contributions.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,936,552
Program Service Revenue $0
Investment Income $31,675
Other Revenue $211,389
TOTAL REVENUE $3,179,616

Expense Breakdown

Grants Paid $710,112
Salaries & Benefits $572,042
Fundraising Expenses $368,327
Program Expenses $2,870,262
Other Expenses $2,126,680
TOTAL EXPENSES $3,408,834

Year-over-Year Comparison

2023 2022 Change
Revenue $3,179,616 $3,314,531 0.0%
Expenses $3,408,834 $3,698,241 -0.1%
Net Income $-229,218 $-383,710 -0.4%
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
15
Independent Members
15
Employees
90
Volunteers
65

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
$99,750
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andy Almeter Chair 4.00
Officer Director
$0 $0 $0
Doug Foreman Vice Chair 4.00
Officer Director
$0 $0 $0
Nicole Haverly Treasurer 4.00
Officer Director
$0 $0 $0
Judge Quintin McGee Director 4.00
Director
$0 $0 $0
Pam Hardy Director 4.00
Director
$0 $0 $0
Mona Badie Director 4.00
Director
$0 $0 $0
Andy Almeter Director 4.00
Director
$0 $0 $0
Caress Clegg Director 4.00
Director
$0 $0 $0
Jonathan David Director 4.00
Director
$0 $0 $0
Natalie English Director 4.00
Director
$0 $0 $0
LS Dean Director 4.00
Director
$0 $0 $0
Chad McEwen Director 4.00
Director
$0 $0 $0
Tony McEwen Director 4.00
Director
$0 $0 $0
Kevin Parker Director 4.00
Director
$0 $0 $0
Billy Smith Director 4.00
Director
$0 $0 $0
Leah Mayo Director 4.00
Director
$0 $0 $0
George Greenleaf Director 4.00
Director
$0 $0 $0
Tommy Taylor CEO 40.00
Officer
$99,750 $0 $99,750
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 No data No data No data No data
2024 $3,179,616 $3,408,834 $1,877,770 $-229,218
2023 $3,314,531 $3,698,241 $2,168,641 $-383,710
2022 $2,093,133 $2,601,532 $2,529,651 $-508,399
2021 $2,563,696 $2,700,532 $2,840,899 $-136,836
2020 $3,014,019 $2,997,045 $3,004,767 $16,974
2019 $4,421,092 $3,982,245 $3,253,894 $438,847
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