UNITED WAY OF FORSYTH COUNTY INC (EIN 581925396) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

BETH READY

Phone

7707814110

Tax Period

2024-01-01 to 2024-12-31

UNITED WAY OF FORSYTH COUNTY INC, founded in 1990, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 94% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 48% operating margin.

Mission

UNITED WAY OF FORSYTH COUNTY FIGHTS FOR THE HEALTH, EDUCATION, FINANCIAL STABILITY/BASIC NEEDS/ECONOMIC MOBILITY OF EVERY PERSON IN OUR COMMUNITY. WE BELIEVE A QUALITY EDUCATION LEADS TO A STABLE JOB, WHICH PROVIDES FINANCIAL STABILITY AND THE ABILITY TO MEET BASIC NEEDS AND ENJOY GOOD HEALTH. THESE ARE THE BUILDING BLOCKS FOR A GOOD LIFE AND A THRIVING COMMUNITY. WHEN YOU SUPPORT UNITED WAY, YOU ARE HELPING TO CREATE A STRONGER, HEALTHIER FORSYTH COUNTY AND A BRIGHTER FUTURE FOR ALL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,192,553

Program Service Revenue $0

Investment Income $83,494

Other Revenue $41,035

TOTAL REVENUE $2,317,082

Expense Breakdown

Grants Paid $427,446

Salaries & Benefits $345,166

Fundraising Expenses $86,485

Program Expenses $909,290

Other Expenses $437,789

TOTAL EXPENSES $1,210,401

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,317,082	$1,194,532	+0.9%
Expenses	$1,210,401	$1,369,881	-0.1%
Net Income	$1,106,681	$-175,349	-7.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

1079

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BLAKE BOLING	TREASURER	1.00	Officer Director	$0	$0	$0
ALLEN BOWNS	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL CALLAHAN	VP COMMUNITY	1.00	Officer Director	$0	$0	$0
VEDIKA DATTA	DIRECTOR	1.00	Director	$0	$0	$0
ANN DECHERD	DIRECTOR	1.00	Director	$0	$0	$0
RYAN HAMMONDS	DIRECTOR	1.00	Director	$0	$0	$0
CINDY JOHNSON	VP COMMUNITY	1.00	Officer Director	$0	$0	$0
CHERYL KEARNEY	DIRECTOR	1.00	Director	$0	$0	$0
DONNIE KEHRLI	DIRECTOR	1.00	Director	$0	$0	$0
JOSH LOWE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID MANCUSO	DIRECTOR	1.00	Director	$0	$0	$0
RANDY O'DELL	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE PRICE-BENNETT	DIRECTOR	1.00	Director	$0	$0	$0
ELESHA PRINCE	DIRECTOR	1.00	Director	$0	$0	$0
BETH READY	PRESIDENT	1.00	Officer Director	$0	$0	$0
OZZIE RODRIGUEZ	DIRECTOR	1.00	Director	$0	$0	$0
HANNAH SAMPLES	DIRECTOR	1.00	Director	$0	$0	$0
JANNA SHACKLETT	DIRECTOR	1.00	Director	$0	$0	$0
MERI-LEIGH SMITH	SECRETARY	1.00	Officer Director	$0	$0	$0
NEIL SOUZA	DIRECTOR	1.00	Director	$0	$0	$0
LAURA STEWART	DIRECTOR	1.00	Director	$0	$0	$0
JOLANDA WILKERSON	DIRECTOR	1.00	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
2024	$2,317,082	$1,210,401	$3,763,663	$1,106,681
2023	$1,194,532	$1,369,881	$2,703,519	$-175,349
2022	$1,426,806	$1,510,304	$2,886,729	$-83,498
2021	$1,457,615	$1,343,816	$3,057,225	$113,799
2020	$1,579,664	$1,714,204	$2,955,618	$-134,540

UNITED WAY OF FORSYTH COUNTY INC