United Way Emerald Coast Inc
- Assets
- $1.6m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Fort Walton Beach, FL
- Founding
- 12/1960
- Data as of
- 06/2022
- EIN
- 59-0972293
Organization Overview
United Way Emerald Coast Inc is located in Fort Walton Beach, FL. The organization was established in 1960. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, United Way Emerald Coast Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Emerald Coast Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, United Way Emerald Coast Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Way Emerald Coast Inc has awarded 196 individual grants totaling $4,161,723. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE GRANT FUNDING TO PROGRAMS ALIGNED WITH COMMUNITY-DETERMINED NEEDS TO IMPROVE LIVES.OUR MISSION IS TO SERVE DONORS, ADVOCATES AND VOLUNTEERS WITH THE ORGANIZATION AND LEADERSHIP THEY REQUIRE TO PROVIDE FINANCIAL STABILITY, EDUCATION OPPORTUNITIES, AND HEALTHY LIVES TO EVERY PERSON IN THEIR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNITED WAY EMERALD COAST IMPROVES LIVES IN OKALOOSA AND WALTON COUNTIES BY BUILDING A HEALTHY, STRONG COMMUNITY. THE ORGANIZATION BUILDS PARTNERSHIPS, MOBILIZES THE CARING POWER OF THE COMMUNITY, AND DIRECTS RESOURCES TO AREAS THAT WILL HAVE POSITIVE IMPACT. THE ORGANIZATION LEADS FUNDRAISING EFFORTS THROUGH AN ANNUAL CAMPAIGN. UNDESIGNATED DONOR CONTRIBUTIONS RAISED THROUGH THE CAMPAIGN ARE STRATEGICALLY INVESTED IN QUALITY PROGRAMS AT LOCAL AGENCIES THROUGH AN ANNUAL COMMUNITY INVESTMENT PROCESS. LOCAL CERTIFIED COMMUNITY PARTNER AGENCIES MEETING A SET OF ELIGIBILITY CRITERIA AND DOCUMENTATION REQUIREMENTS ARE ELIGIBLE TO APPLY FOR GRANT FUNDING THROUGH THE COMMUNITY INVESTMENT PROCESS. THESE AGENCIES OFFER PROGRAMS, SERVICES, AND INITIATIVES TO DRIVE POSITIVE COMMUNITY CHANGE IN THE AREAS OF HEALTH, EDUCATION, AND FINANCIAL STABILITY. TRAINED VOLUNTEERS REVIEW GRANT APPLICATIONS AND RECOMMEND FUNDING LEVELS TO UWEC'S BOARD OF DIRECTORS. IN THE REPORTING YEAR, THE BOARD OF DIRECTORS APPROVED FUNDING TO 16 PROGRAMS. THE AMOUNTS ALLOCATED TO THESE PROGRAMS RANGED FROM $4,000 TO $65,000. SERVICES PROVIDED BY THESE AGENCIES INCLUDED HUNGER RELIEF PROGRAMS, PRIMARY MEDICAL CARE, HIGH-QUALITY CHILDCARE, AND EMERGENCY SHELTER.
RENTAL INCOME AT LESS THAN FAIR MARKET VALUE FROM A SUPPORTED ORGANIZATION AND OTHER PROGRAM RELATED INCOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Jasen President & CEO | OfficerTrustee | 48 | $75,808 |
Matthew Zasada Treasurer And Finance Chai | OfficerTrustee | 1 | $0 |
Thomas Everidge Community Impact Chair | OfficerTrustee | 0.25 | $0 |
Caralee Gibson Secretary | OfficerTrustee | 1 | $0 |
Kim Cox Chair | OfficerTrustee | 1 | $0 |
Jason Fulghum Vice Chair | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $74,121 |
| Related organizations | $0 |
| Government grants | $59,003 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,004,963 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,138,087 |
| Total Program Service Revenue | $8,550 |
| Investment income | $3,515 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$8,550 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,184,626 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $467,637 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $302,269 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,095 |
| Payroll taxes | $28,748 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,854 |
| Advertising and promotion | $14,742 |
| Office expenses | $69,804 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,583 |
| Travel | $11,008 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,975 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,952 |
| Insurance | $23,309 |
| All other expenses | $9,833 |
| Total functional expenses | $1,112,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $543,952 |
| Savings and temporary cash investments | $433,689 |
| Pledges and grants receivable | $438,460 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $137,571 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,553,672 |
| Accounts payable and accrued expenses | $379,510 |
| Grants payable | $0 |
| Deferred revenue | $249,951 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,436 |
| Total liabilities | $643,897 |
| Net assets without donor restrictions | $197,507 |
| Net assets with donor restrictions | $712,268 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,553,672 |
Grants Awarded
Over the last fiscal year, United Way Emerald Coast Inc has awarded $452,637 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Walton Beach, FL PURPOSE: GENERAL SUPPORT | $64,150 |
Tampa, FL PURPOSE: GENERAL SUPPORT | $46,600 |
Santa Rosa Beach, FL PURPOSE: GENERAL SUPPORT | $33,000 |
Pensacola, FL PURPOSE: GENERAL SUPPORT | $24,950 |
Fort Walton Beach, FL PURPOSE: GENERAL SUPPORT | $24,000 |
Fort Walton Beach, FL PURPOSE: GENERAL SUPPORT | $22,315 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that United Way Emerald Coast Inc has recieved totaling $16,560.
| Awarding Organization | Amount |
|---|---|
Gulf Power Foundation Inc Pensacola, FL PURPOSE: COMMUNITY SERVICES | $14,000 |
Truist Foundation Inc Orlando, FL PURPOSE: GENERAL OPERATING | $2,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $40 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $20 |
Endowment Analysis
| Beg. Balance | $45,743 |
| Ending Balance | $45,743 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Jewish Community Of Broward County Inc Davie, FL | $191,632,658 | $32,289,120 |
Jewish Federation Of South Palm Beach County Inc Boca Raton, FL | $220,329,393 | $31,215,392 |
United Way Of Lee County Inc Fort Myers, FL | $10,857,756 | $16,905,483 |
United Way Of Palm Beach County Inc West Palm Beach, FL | $24,619,192 | $14,282,959 |
United Way Of Brevard County Inc Rockledge, FL | $8,481,850 | $14,549,542 |
Ocean Reef Foundation Inc Key Largo, FL | $43,415,311 | $11,490,995 |
United Way Of Central Florida Inc Highland City, FL | $26,696,940 | $9,902,693 |
United Way Of The Coastal Empire Inc Savannah, GA | $26,438,024 | $9,161,083 |
United Way Of The Central Savannah River Area Inc Augusta, GA | $2,548,465 | $8,329,042 |
United Way Of The Chattahoochee Valley Inc Columbus, GA | $12,467,806 | $8,956,958 |
Town Of Palm Beach United Way Inc Palm Beach, FL | $16,686,552 | $8,087,830 |
The Jewish Federation Of Sarasota-Manatee Inc Sarasota, FL | $47,399,713 | $7,687,191 |