Valley Of The Sun United Way
- Assets
- $104.1m
- Revenue
- $79.9m
- Investments
- $0.0
- Employees
- 128
- Location
- Phoenix, AZ
- Founding
- 03/1954
- Data as of
- 06/2022
- EIN
- 86-0104419
Organization Overview
Valley Of The Sun United Way is located in Phoenix, AZ. The organization was established in 1954. 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, Valley Of The Sun United Way employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Of The Sun 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 06/2022, Valley Of The Sun United Way generated $79.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $80.6m 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, Valley Of The Sun United Way has awarded 1,043 individual grants totaling $826,868,568. 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
IMPROVE LIVES BY MOBILIZING THE CARING POWER OF OUR COMMUNITY. SEE SCHEDULE O FOR FURTHER DETAIL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS, ALLOCATIONS, AND DISTRIBUTIONS TO HEALTH AND HUMAN SERVICE PROGRAMS, VSUW COMMUNITY OBJECTIVES, AND EMERGENCY COVID-19 RELIEF. SEE SCHEDULE O FOR FURTHER DETAIL.
DESIGNATIONS TO VARIOUS COMMUNITY NON-PROFIT ORGANIZATIONS. SEE SCHEDULE O FOR FURTHER DETAIL.
PROGRAM ACTIVITIES SUPPORTING COMMUNITY INITIATIVES. SEE SCHEDULE O FOR FURTHER DETAIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Lavidge Company Advertising And P.r. | 6/29/22 | $435,022 |
Seabrooks Too Llc Software Development | 6/29/22 | $168,888 |
Ernst & Young Audit And Tax | 6/29/22 | $126,598 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $619,039 |
| Membership dues | $0 |
| Fundraising events | $262,753 |
| Related organizations | $0 |
| Government grants | $52,902,740 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,720,324 |
| Noncash contributions included in lines 1a–1f | $357,622 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,504,856 |
| Total Program Service Revenue | $445,064 |
| Investment income | $3,933,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$26,283 |
| Net Income from Fundraising Events | -$46,604 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $79,942,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $67,705,619 |
| 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. | $511,446 |
| Compensation of current officers, directors, key employees. | $222,581 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,502,816 |
| Pension plan accruals and contributions | $226,706 |
| Other employee benefits | $942,873 |
| Payroll taxes | $541,302 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,343 |
| Fees for services: Accounting | $166,598 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $72,178 |
| Fees for services: Other | $351,045 |
| Advertising and promotion | $474,463 |
| Office expenses | $303,198 |
| Information technology | $553,874 |
| Royalties | $0 |
| Occupancy | $938,285 |
| Travel | $1,587 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,347 |
| Interest | $0 |
| Payments to affiliates | $349,230 |
| Depreciation, depletion, and amortization | $428,187 |
| Insurance | $96,269 |
| All other expenses | $0 |
| Total functional expenses | $80,597,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,125,624 |
| Pledges and grants receivable | $9,548,779 |
| 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 | $1,324,853 |
| Net Land, buildings, and equipment | $1,548,927 |
| Investments—publicly traded securities | $73,725,855 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $824,893 |
| Total assets | $104,098,931 |
| Accounts payable and accrued expenses | $22,018,974 |
| Grants payable | $11,376,855 |
| Deferred revenue | $0 |
| 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 | $2,000,000 |
| Other liabilities | $331,462 |
| Total liabilities | $35,727,291 |
| Net assets without donor restrictions | $50,470,494 |
| Net assets with donor restrictions | $17,901,146 |
| 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 | $104,098,931 |
Grants Awarded
Over the last fiscal year, Valley Of The Sun United Way has awarded $67,672,619 in support to 112 organizations.
| Grant Recipient | Amount |
|---|---|
FTF QUALITY FIRST SCHOLARSHIPS TO PROVIDERS PURPOSE: Program Support | $33,626,337 |
CANDELEN PURPOSE: Program Support | $6,104,221 |
DIRECT DESIGNATIONS TO VARIOUS AGENCIES PURPOSE: Program Support | $5,685,583 |
Phoenix, AZ PURPOSE: Program Support | $5,424,611 |
Phoenix, AZ PURPOSE: Program Support | $2,300,960 |
EASTER SEALS BLAKE FOUNDATION PURPOSE: Program Support | $2,081,027 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Valley Of The Sun United Way has recieved totaling $23,200.
| Awarding Organization | Amount |
|---|---|
Timothy T Day Foundation Inc Phoenix, AZ PURPOSE: SOCIAL SERVICES | $10,000 |
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
The Salon Family Foundation Inc Armonk, NY PURPOSE: CHARITABLE | $3,200 |
Endowment Analysis
| Beg. Balance | $58,942,436 |
| Earnings | -$7,999,383 |
| Net Contributions | $1,804,410 |
| Other Expense | $1,951,206 |
| Ending Balance | $50,796,257 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Community Fdn Of The Jewish Federation Council Of Greater La Los Angeles, CA | $1,147,355,921 | $108,439,956 |
Jewish Community Federation Of S F Marin Peninsula & Sonoma Counties San Francisco, CA | $1,443,740,655 | $154,567,295 |
Jewish Community Foundation Of San Diego San Diego, CA | $448,399,166 | $106,011,475 |
Valley Of The Sun United Way Phoenix, AZ | $104,098,931 | $79,942,536 |
Orange Countys United Way Irvine, CA | $28,387,789 | $67,720,545 |
Entertainment Industry Foundation Los Angeles, CA | $110,994,468 | $64,821,214 |
Jewish Federation Council Of Greater Los Angeles Los Angeles, CA | $190,865,704 | $43,794,151 |
United Way Inc Los Angeles, CA | $90,203,286 | $68,762,414 |
Opportunity Village Foundation Las Vegas, NV | $82,150,112 | $9,952,519 |
Mile High United Way Inc Denver, CO | $62,814,897 | $36,182,511 |
The New Horizons Foundation Inc Colorado Springs, CO | $90,565,468 | $42,722,124 |
Inland Southern California United Way Rancho Cucamonga, CA | $4,994,163 | $30,713,140 |