SILVER2023

United Way of Greater Nashville

GuideStar Charity Check

United Way of Greater Nashville

EIN: 62-0533104


Mission

We unite the community and mobilize resources so that every child, individual and family thrives.

Ruling year info

1975

President and CEO

Mr. Brian Hassett

Main address

250 Venture Circle

Nashville, TN 37228 USA

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Formerly known as

United Way of Nashville and Middle Tennessee

United Way of Middle Tennessee

United Way of Metropolitan Nashville

United Way Nashville

EIN

62-0533104

Subject area info

Philanthropy

Community improvement

Human services

Population served info

Children and youth

Adults

Families

Non-adult children

Economically disadvantaged people

NTEE code info

Philanthropy / Charity / Voluntarism Promotion (General) (T50)

Community, Neighborhood Development, Improvement (S20)

Human Service Organizations (P20)

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Giving Kids an Equal Chance

Together, we can ensure that every child in our community enters kindergarten ready to learn, has the support they need to develop crucial reading skills for success and receives essential social and emotional support from preschool to graduation. Access to books is one of the biggest barriers kids face when learning to read. Through Imagination Library of Middle Tennessee, kids receive a free book in the mail regardless of their family’s income every month from birth until age five. Our Read to Succeed program is a comprehensive early childhood learning model that builds literacy and social-emotional skills for preschoolers who need it most. We are determined to make sure our students make it to graduation and have a plan for continuing education, vocational training or career success. We give our students social and emotional education through their middle and high school years and provide opportunities for mentorship and support to help kids move onto adulthood with confidence.

Population(s) Served
Infants and toddlers
Non-adult children

Together, we can give everyone in our community a chance at a better life by providing access to free financial counseling services and banking accounts to build assets and increase financial reserves; making sure our young people graduate; offering continuing education and job training so people can get higher paying jobs; and setting people on the path to financial independence. The average taxpayer spends $273 to file their taxes each year. United Way volunteers prepare taxes at no cost for individuals and families earning less than $66,000 a year through our Volunteer Income Tax Assistance free tax prep program. In addition, our professionally-trained financial counselors at the Financial Empowerment Center help clients manage bills, work through debt, establish and improve credit, create a budget, open a bank account and save for the future.

Population(s) Served
Adults
Economically disadvantaged people

Together, we are building a stronger, healthier Nashville by helping people access quality health care, assisting those suffering from mental health issues and chronic disease, and bringing people together to make connections and build strong, supportive communities. Our Family Empowerment Program helps to prevent and end homelessness. We also partner to help those without health insurance obtain affordable care and those living with or affected by HIV/AIDS receive essential support and services. We work with providers to help chronic disease sufferers receive the education and resources they need to manage their conditions so they can live healthy, productive lives. Our partners help individuals coping with mental health or substance abuse issues and provide wrap-around support and case management to ensure long-termsuccess. Through our Family Resource Center Partnerships and services, we help families make meaningful, lasting connections to those around them.

Population(s) Served
Families
Non-adult children

Together, we are ensuring families have a stable place to call home, food to eat and support in times of crisis. Our community is committed to providing coordinated, wrap-around services to stabilize our families and avoid future crisis. We partner with organizations through our Family Empowerment Program to help families experiencing homelessness—and those at-risk for homelessness—by helping them secure housing, find stability and plan for the future. Through partnerships with food banks, hot meal providers and meal delivery services, we’re giving people access to high-quality, nutritious meals and bridging the gaps so that families are fed. We also provide a safety net for people in times of crisis to avoid foreclosure, utility cutoffs or repossession. By providing a singular database for our nonprofit network, we’re able to pool funds to provide emergency financial assistance to make rent or mortgage payments, pay outstanding utility bills, satisfy medical debts and provide relief.

Population(s) Served
Families

Promoting Early Childhood LiteracyThe Imagination Library of Middle Tennessee provides one book per month to children from birth through age 5 across Davidson, Williamson and Sumner counties at no cost to families, regardless of income.Operated in partnership with the Governor’s Books from Birth Foundation, United Way facilitates the delivery of books each month in the three-county area.WHY IT'S IMPORTANTStudies show that when undereducated parents are given books for their children, they are four times more likely to read to their toddlers and preschoolers.Research shows that children who are read to regularly at home hear twice as many words every year and have 1/3 larger vocabulary by age three than children who are not read to at home.Children who have not developed basic literacy skills by the time they enter school are three to four times more likely to drop out in later years.A child’s brain grows to 80 percent of its adult size by age three, creating a critical window of opportunity for learning words and language.Studies show that children whose parents read to them at age five perform better in school at ages 10 and 16.The Imagination Library was created in 1996 by Dolly Parton as a gift to the children in her hometown of Sevierville, Tennessee. This program now exists in all 95 counties in the state, giving all of Tennessee’s 408,000 children under age five access to books at no cost to their families.Once enrolled, your child will receive one age-appropriate book each month, delivered to your home from the time they are born until they reach their 5th birthday. Additionally, you will have access to online Reading Activity Sheets to coincide with the selected Imagination Library book. These are free developmental assessments which provide an easy way to help assure that your child’s early development is on track.2018 HIGHLIGHTS67,521 children served.508,148 books distributed. 92,155 all-time graduates. 44,691 children served in Davidson County.12,363 children served in Williamson County. 10,467 children served in Sumner County.

Population(s) Served
Children and youth

Where we work

Awards

Financials

United Way of Greater Nashville
Fiscal year: Jan 01 - Dec 31
Financial documents
2022 A-133 Single Audit 2021 A-133 Single Audit 2019 A-133 Single Audit 2018 A-133 Single Audit 2017 A-133 Single Audit
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

3.95

Average of 2.69 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

2.7

Average of 2 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

15%

Average of 13% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

United Way of Greater Nashville

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

United Way of Greater Nashville

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

United Way of Greater Nashville

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of United Way of Greater Nashville’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $330,899 $6,586,796 $3,270,438 $22,633,994 -$5,848,243
As % of expenses 1.3% 23.4% 7.2% 60.8% -12.9%
Unrestricted surplus (deficit) after depreciation $299,917 $6,547,381 $3,206,769 $22,570,174 -$5,907,678
As % of expenses 1.2% 23.3% 7.1% 60.5% -13.0%
Revenue composition info
Total revenue (unrestricted & restricted) $25,804,944 $35,208,754 $49,296,824 $59,642,100 $43,208,497
Total revenue, % change over prior year -1.6% 36.4% 40.0% 21.0% -27.6%
Program services revenue 1.7% 1.0% 0.9% 0.5% 0.6%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 1.0% 0.8% 0.5% 0.6% 1.3%
Government grants 33.3% 26.7% 43.7% 30.6% 57.8%
All other grants and contributions 62.4% 67.5% 49.5% 64.3% 41.8%
Other revenue 1.6% 4.0% 5.4% 4.1% -1.6%
Expense composition info
Total expenses before depreciation $24,850,576 $28,106,871 $45,407,068 $37,230,858 $45,359,041
Total expenses, % change over prior year 3.5% 13.1% 61.6% -18.0% 21.8%
Personnel 17.1% 18.3% 13.9% 16.2% 14.8%
Professional fees 3.1% 4.5% 2.9% 3.4% 3.1%
Occupancy 0.8% 0.7% 0.6% 0.5% 0.5%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 74.4% 71.5% 79.5% 75.8% 78.6%
All other expenses 4.6% 5.1% 3.0% 4.1% 3.1%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $24,881,558 $28,146,286 $45,470,737 $37,294,678 $45,418,476
One month of savings $2,070,881 $2,342,239 $3,783,922 $3,102,572 $3,779,920
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $103,212 $0 $0 $118,058
Total full costs (estimated) $26,952,439 $30,591,737 $49,254,659 $40,397,250 $49,316,454

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 2.3 3.0 1.8 2.5 2.7
Months of cash and investments 9.5 12.0 8.4 18.2 13.1
Months of estimated liquid unrestricted net assets 2.3 4.8 3.8 11.9 8.2
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $4,664,982 $7,086,939 $6,978,013 $7,871,141 $10,257,565
Investments $15,001,589 $21,110,642 $24,640,757 $48,566,548 $39,350,943
Receivables $11,353,722 $13,261,847 $13,532,424 $13,998,549 $13,867,243
Gross land, buildings, equipment (LBE) $3,282,915 $3,342,621 $3,313,468 $3,152,377 $3,270,434
Accumulated depreciation (as a % of LBE) 88.7% 87.0% 87.5% 87.8% 86.5%
Liabilities (as a % of assets) 24.5% 23.2% 19.9% 14.4% 19.3%
Unrestricted net assets $5,072,731 $11,620,112 $14,826,881 $37,397,055 $31,489,377
Temporarily restricted net assets $11,541,834 N/A N/A N/A N/A
Permanently restricted net assets $7,600,605 N/A N/A N/A N/A
Total restricted net assets $19,142,439 $21,206,352 $22,503,132 $24,162,879 $21,050,681
Total net assets $24,215,170 $32,826,464 $37,330,013 $61,559,934 $52,540,058

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President and CEO

Mr. Brian Hassett

Number of employees

Source: IRS Form 990

United Way of Greater Nashville

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

United Way of Greater Nashville

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

United Way of Greater Nashville

Board of directors
as of 12/05/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Gord Knapp

Bridgestone Americas

Term: 2019 - 2020

Scott Becker

Nissan North America, Inc.

E. Anthony Heard

Partner, InfoWorks, Inc.

Anne Russell

Special Counsel, Adams and Reese LLP

James Weaver

Partner, Waller

James Bearden

CEO, Gresham, Smith and Partners

Robert (Bob) Dennis

Chairman, Presidenti and CEO, Genesco Inc.

Jim Schmitz

Middle Tennessee Area President, Regions Bank

Damon Hininger

President and CEO, CoreCivic

Robert Dittus

Director, Institute for Medicine and Public Health, Vanderbilt University

R. Johnson

Chairman, President and CEO, HCA

Jenneen Kaufman

Vice President and CFO, Tennessee Titans

Mike Schatzlein

Senior Vice President, Ascension Health, Group Ministry Operating Executive

William Koch

Dean, Nashville School of Law

Alberto Gonzales

Dean, School of Law and Doyle Rogers Distinguished Chair of Law, Belmont University

Wayne Smith

Chairman, President and CEO, Community Health Systems

Janet Ayers

President, Ayers Foundation

Laura Hollingsworth

President and Publisher, The Tennessean

Joelle Phillips

President, AT&T Tennessee

Heather Rohan

President and CEO, TriStar Centennial Hospital

Mike Shmerling

Chairman, XMi Holdings Inc.

John Crosslin

Principal, Crosslin & Associates

Ronald Roberts

CEO and Managing Partner, DVL Seigenthaler

Cathy Brown

Administrative Officer, Stewart Home & School

William Carpenter

Chairman and CEO, LifePoint Health

Karl Dean

Former Mayor of Nashville

Lee Ingram

Community Philanthropist

Charlie Cook

Chairman, Truxton Trust

Sam DeVane

Ernst & Young

Gordon Knapp

Bridgestone Americas, Inc.

Ben Rechter

Rogers Group, Inc.

Mickey McKay

Fifth Third Bank

Rob McNeilly

Synovus Bank

R. Leigh Spruill

St. George’s Episcopal Church

Dave Walton

Caterpillar Financial Services Corporation

Emily Weiss

Ingram Industries

Brian Hassett

United Way of Metropolitan Nashville

Tim Adams

Ascension & Saint Thomas Health

Jim Gingrich

Alliance Bernstein

Scott Pohlman

SunTrust Bank

Kevin Rome

Fisk University

Don Cochran

Cheatham County Representative

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.