Forney Area United Way
- Assets
- $205.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forney, TX
- Founding
- 12/1981
- Data as of
- 07/2023
- EIN
- 75-1742830
Organization Overview
Forney Area United Way is located in Forney, TX. The organization was established in 1981. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forney Area United Way 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 07/2023, Forney Area United Way generated $67.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $62.7k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FORNEY AREA UNITED WAY DISTRIBUTED $57,000 TO 7 DIFFERENT NON-PROFIT ORGANIZATIONS IN THE FORNEY, TEXAS AND KAUFMAN COUNTY AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mel York Director | 1 | $0 | |
James Hatley Vice President | 1 | $0 | |
Alan Thompson Secretary | 1 | $0 | |
Darrell Grooms President | 1 | $0 | |
Misty Holler Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,645 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,152 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,797 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $873 |
| Total expenses | $62,673 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $205,854 |
| Other assets | $0 |
| Total assets | $205,854 |
| Total liabilities | $0 |
| Net assets or fund balances | $205,854 |
Grants Awarded
Over the last fiscal year, Forney Area United Way has awarded $33,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FORNEY FOOD PANTRY | | | $20,000 |
HILLCREST CEMETERY | | | $6,500 |
PRAIRIEVIEW CEMETERY | | | $6,500 |