UNITED WAY OF COASTAL CAROLINA INC (EIN 566017934) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Principal Officer

BOB GRAGSON

Phone

2526372460

Tax Period

2024-01-01 to 2024-12-31

UNITED WAY OF COASTAL CAROLINA INC, founded in 1957, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $557K in total revenue in fiscal year 2024. Expenses of $833K exceeded revenue, resulting in a 50% operating deficit.

Mission

THE UNITED WAY OF COASTAL CAROLINA, INC. STRIVES TO MEET THE CURRENT AND EMERGING HUMAN NEEDS IN CRAVEN, CARTERET, JONES, AND PAMLICO COUNTIES BY MOBILIZING THE RESOURCES OF COMMUNITY ORGANIZATIONS, AGENCIES, RECIPIENTS, AND VOLUNTEERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $556,609

Program Service Revenue $0

Investment Income $47

Other Revenue $0

TOTAL REVENUE $556,656

Expense Breakdown

Grants Paid $118,538

Salaries & Benefits $205,510

Fundraising Expenses $46,391

Program Expenses $693,565

Other Expenses $508,861

TOTAL EXPENSES $832,909

Year-over-Year Comparison

	2024	2023	Change
Revenue	$556,656	$542,054	+0.0%
Expenses	$832,909	$686,233	+0.2%
Net Income	$-276,253	$-144,179	+0.9%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$57,833

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TARA DICKSON	BOARD MEMBER	2.00	Director	$0	$0	$0
TONY NORWOOD	PRESIDENT	2.00	Officer Director	$0	$0	$0
HOLLY TOLSTON	SECRETARY	2.00	Officer Director	$0	$0	$0
JERE KERSNAR	TREASURER	2.00	Officer Director	$0	$0	$0
EMILY ABNER	BOARD MEMBER	1.00	Director	$0	$0	$0
BLAIR OWEN	BOARD MEMBER	1.00	Director	$0	$0	$0
CHUCK DALE	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDY DARNELL	BOARD MEMBER	1.00	Director	$0	$0	$0
ALETA ORTIZ	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHNEQUIEL SMITH-GRIFFIN	BOARD MEMBER	1.00	Director	$0	$0	$0
SANDRA PHELPS	EXECUTIVE DIRECTOR	40.00	Officer	$57,833	$0	$57,833

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	$556,656	$832,909	$1,566,099	$-276,253
2023	$542,054	$686,233	$1,289,051	$-144,179
2022	$731,357	$834,383	$1,483,413	$-103,026
2021	$854,337	$857,801	$1,561,568	$-3,464
2020	$2,049,189	$2,225,355	$1,618,520	$-176,166

UNITED WAY OF COASTAL CAROLINA INC