Henderson County United Way Inc

EIN: 560890133 501(c)(3) Philanthropy & Grantmaking

Hendersonville, NC

Total Revenue
$1,410,678
Total Expenses
$1,469,693
Total Assets
$1,623,517
Net Assets
$1,116,008
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
NC
Principal Officer
Kat Carlton
Phone
8286921636
Tax Period
2023-07-01 to 2024-06-30

Henderson County United Way Inc, founded in 1953, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Improve the lives of Henderson County residents.

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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 $1,352,359
Program Service Revenue $0
Investment Income $58,319
Other Revenue $0
TOTAL REVENUE $1,410,678

Expense Breakdown

Grants Paid $559,514
Salaries & Benefits $604,537
Fundraising Expenses $122,688
Program Expenses $1,203,794
Other Expenses $305,642
TOTAL EXPENSES $1,469,693

Year-over-Year Comparison

2023 2022 Change
Revenue $1,410,678 $1,287,379 +0.1%
Expenses $1,469,693 $1,472,829 0.0%
Net Income $-59,015 $-185,450 -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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
8
Volunteers
1034

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
2
$104,351
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bartley Kyle Stratigic Planning C 2.00
Director
$0 $0 $0
Brown Tae Board Member 1.00
Director
$0 $0 $0
Bunch Kristen Board Member 1.00
Director
$0 $0 $0
Canning Joe Board Member 1.00
Director
$0 $0 $0
Carpenter Pauline Board Member 1.00
Director
$0 $0 $0
Garrett Mark Board Member 1.00
Director
$0 $0 $0
Gould Debi Board Member 1.00
Director
$0 $0 $0
Guido Nubia Board Member 1.00
Director
$0 $0 $0
Holloway Lew Past Chair 1.00
Director
$0 $0 $0
Holt Amy Lynn Board Member 1.00
Director
$0 $0 $0
Lee Tamara Board Member 1.00
Director
$0 $0 $0
Murrill Tom Board Member 1.00
Director
$0 $0 $0
Nudd Brandon Board Member 1.00
Director
$0 $0 $0
Reynolds Micelle Board Member 1.00
Director
$0 $0 $0
Rushing Trina Board Member 1.00
Director
$0 $0 $0
Todd Kevin Board Member 1.00
Director
$0 $0 $0
Tracz Michelle Treasurer 2.00
Officer Director
$0 $0 $0
Wilkerson Brenda Board Member 1.00
Director
$0 $0 $0
Long Denise Executive Director 38.00
Officer
$91,684 $12,667 $104,351
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 $1,410,678 $1,469,693 $1,623,517 $-59,015
2023 $1,287,379 $1,472,829 $1,787,138 $-185,450
2022 $1,553,701 $1,490,428 $1,930,884 $63,273
2021 $1,890,530 $1,821,179 $2,081,338 $69,351
2020 $2,029,591 $1,901,640 $2,104,247 $127,951
2019 $1,539,754 $1,734,514 $2,361,808 $-194,760
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