UNITED WAY OF RUTHERFORD COUNTY INC

EIN: 561030597 501(c)(3) Philanthropy & Grantmaking

SPINDALE, NC

Total Revenue
$1,823,243
Total Expenses
$1,882,823
Total Assets
$998,957
Net Assets
$381,477
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NC
Principal Officer
TRACY MITCHEM
Phone
8282863929
Tax Period
2024-01-01 to 2024-12-31

UNITED WAY OF RUTHERFORD COUNTY INC, founded in 1972, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.8M in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION PROMOTES AND SUPPORTS THE EFFICIENT, EFFECTIVE AND ECONOMICAL PROVISION OF HUMAN SERVICES THROUGH ITS ORGANIZATIONAL MEMBERS.

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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 $1,520,704
Program Service Revenue $0
Investment Income $1,336
Other Revenue $301,203
TOTAL REVENUE $1,823,243

Expense Breakdown

Grants Paid $0
Salaries & Benefits $216,104
Fundraising Expenses $65,259
Program Expenses $1,748,871
Other Expenses $1,666,719
TOTAL EXPENSES $1,882,823

Year-over-Year Comparison

2024 2023 Change
Revenue $1,823,243 $1,867,960 0.0%
Expenses $1,882,823 $1,761,851 +0.1%
Net Income $-59,580 $106,109 -1.6%
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
16
Independent Members
16
Employees
4
Volunteers
41

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
$83,285
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA LYNCH MEMBER 1.00
Director
$0 $0 $0
ABIGAL CAUSEY MEMBER 1.00
Director
$0 $0 $0
CHRIS BURLEY MEMBER 1.00
Director
$0 $0 $0
TIFFANY CRANK MEMBER 1.00
Director
$0 $0 $0
CHRIS FRANCIS VICE CHAIR 1.00
Officer Director
$0 $0 $0
CLARK POOLE MEMBER 1.00
Director
$0 $0 $0
TRACIE MITCHEM TREASURER 1.00
Officer Director
$0 $0 $0
LORI SPURLING MEMBER 1.00
Director
$0 $0 $0
PAT KEETER MEMBER 1.00
Director
$0 $0 $0
TERRI WELLS MEMBER 1.00
Director
$0 $0 $0
YANET CISNEROS CHAIR 1.00
Officer Director
$0 $0 $0
AMANDA FREEMAN MEMBER 1.00
Director
$0 $0 $0
STEPHANIE HILL MEMBER 1.00
Director
$0 $0 $0
LAMONDA DAVIS MEMBER 1.00
Director
$0 $0 $0
KIM SYNDER MEMBER 1.00
Director
$0 $0 $0
DEE HUNT MEMBER 1.00
Director
$0 $0 $0
SUZANNE PORTER EXECUTIVE DIRECTOR 55.00
Officer
$72,485 $10,800 $83,285
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
2024 $1,823,243 $1,882,823 $998,957 $-59,580
2023 $1,867,960 $1,761,851 $695,069 $106,109
2022 $1,531,165 $1,443,735 $707,977 $87,430
2021 $670,166 $714,185 $522,495 $-44,019
2020 $696,475 $650,804 $486,442 $45,671
2019 $419,286 $410,403 $429,099 $8,883
2018 $258,621 $361,302 $424,123 $-102,681
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