United Way of Greater Nashville
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$45,047,174.00
Projected Expenses
$49,271,789.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| united way of metropolitan nashville irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $43,208,497.00 | $59,642,100.00 | |
| Total Expenses | $45,418,476.00 | $37,294,678.00 | |
| Revenue Less Expenses | ($-0.00) | ($2,209,979.00) | $22,347,422.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $24,983,900.00 | $18,224,083.00 | |
| Contributions, Gifts, and Grants | $16,367,576.00 | $37,659,856.00 | |
| Indirect Public Support | $438,392.00 | $473,949.00 | |
| Earned Revenue | $276,598.00 | $273,318.00 | |
| Investment Income, Net of Losses | $559,988.00 | $2,625,277.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $176,566.00 | $187,597.00 | |
| Other | $405,477.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $41,670,765.00 | $33,613,572.00 | |
| Administration Expense | $1,503,198.00 | $1,551,265.00 | |
| Fundraising Expense | $2,244,513.00 | $2,129,841.00 | |
| Total Revenue/Total Expenses | 95% | 160% | |
| Program Expense/Total Expenses | 92% | 90% | |
| Fundraising Expense/Contributed Revenue | 5% | 6% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Government Grants $24,983,900.00 | Contributions, Gifts, Grants $37,659,856.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $16,367,576.00 | Government Grants $18,224,083.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $559,988.00 | Interest Income $2,625,277.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $65,106,220.00 | $71,875,939.00 | |
| Current Assets | $12,135,491.00 | $22,007,220.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $12,566,162.00 | $10,316,005.00 | |
| Total Net Assets | $52,540,058.00 | $61,559,934.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$26,893,397.00
What is the spending policy for your endowment?
Percentage
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from the 990 and audit. Financials prepared internally by nonprofit's CFO, Summor Pennington. Comments provided by Hayley Sulfridge 8/2/23. |
