UNITED WAY OF RICHMOND COUNTY INC

EIN: 566073624 501(c)(3) Human Services

ROCKINGHAM, NC

Total Revenue
$343,924
Total Expenses
$237,739
Total Assets
$387,690
Net Assets
$376,242
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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
1967
Legal Domicile
NC
Principal Officer
MICHELLE PARRISH
Phone
9109972173
Tax Period
2025-01-01 to 2025-12-31

UNITED WAY OF RICHMOND COUNTY INC, founded in 1967, is a small nonprofit in the Human Services sector that reported $344K in total revenue in fiscal year 2025. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $106K, a strong 31% operating margin.

Mission

FUNDRAISING FOR MEMBER NON-PROFIT ORGANIZATIONS

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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 (2025)

Revenue Breakdown

Contributions & Grants $335,149
Program Service Revenue $0
Investment Income $7,515
Other Revenue $1,260
TOTAL REVENUE $343,924

Expense Breakdown

Grants Paid $119,450
Salaries & Benefits $77,068
Fundraising Expenses $0
Program Expenses $119,450
Other Expenses $41,221
TOTAL EXPENSES $237,739

Year-over-Year Comparison

2025 2024 Change
Revenue $343,924 $251,061 +0.4%
Expenses $237,739 $231,239 +0.0%
Net Income $106,185 $19,822 +4.4%
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

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Governance

Voting Members
12
Independent Members
12
Employees
1
Volunteers
N/A

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
5
$68,762
Total Directors
12
$0
Key Employees
1
$68,762
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE PARRISH EXECUTIVE DIRECTOR 40.00
Officer Key Emp
$68,762 $0 $68,762
FRED CLONINGER VICE CHAIR 0.00
Officer Director
$0 $0 $0
DR KATRINA CHANCE CHAIRMAN 0.00
Officer Director
$0 $0 $0
NORMA BOSTICK SECRETARY 0.00
Officer Director
$0 $0 $0
WAYNE FARRAH TREASURER 0.00
Officer Director
$0 $0 $0
SABRINA MCDONALD MEMBER AT LARGE 0.00
Director
$0 $0 $0
VAGAS JACKSON BOARD MEMBER 0.00
Director
$0 $0 $0
ROBIN QUINT BOARD MEMBER 0.00
Director
$0 $0 $0
SHANNON PATE BOARD MEMBER 0.00
Director
$0 $0 $0
JOE FERRELL BOARD MEMBER 0.00
Director
$0 $0 $0
KESHIA GARY BOARD MEMBER 0.00
Director
$0 $0 $0
TAMMY KIRKLEY BOARD MEMBER 0.00
Director
$0 $0 $0
LAVERNE SCHULTZ BOARD MEMBER 0.00
Director
$0 $0 $0
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 $343,924 $237,739 $387,690 $106,185
2024 $251,061 $231,239 $340,313 $19,822
2023 $216,528 $222,110 $298,779 $-5,582
2022 $264,415 $265,981 $312,922 $-1,566
2021 $219,720 $201,387 $334,380 $18,333
2020 $239,005 $221,138 $304,050 $17,867
2019 $236,033 $235,665 $274,536 $368
2018 $264,411 $251,056 $263,228 $13,355
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