United Way of Greater Nashville
United Way of Greater Nashville
EIN: 62-0533104
as of October 2024
as of October 15, 2024
Programs and results
What we aim to solve
Our programs
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.
Breaking the Cycle of Poverty
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.
Building Strong, Healthy Communities
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.
Meeting Our Neighbors' Basic Needs
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.
Imagination Library of Middle Tennessee
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.
Where we work
Awards
Photos
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2023 info
4.20
Months of cash in 2023 info
2.9
Fringe rate in 2023 info
16%
Funding sources info
Assets & liabilities info
Financial data
United Way of Greater Nashville
Revenue & expensesFiscal Year: Jan 01 - Dec 31
United Way of Greater Nashville
Balance sheetFiscal Year: Jan 01 - Dec 31
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: Jan 01 - Dec 31
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 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $6,586,796 | $3,270,438 | $22,633,994 | -$5,848,243 | $2,704,758 |
As % of expenses | 23.4% | 7.2% | 60.8% | -12.9% | 6.0% |
Unrestricted surplus (deficit) after depreciation | $6,547,381 | $3,206,769 | $22,570,174 | -$5,907,678 | $2,616,810 |
As % of expenses | 23.3% | 7.1% | 60.5% | -13.0% | 5.8% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $35,208,754 | $49,296,824 | $59,642,100 | $43,208,497 | $44,647,179 |
Total revenue, % change over prior year | 36.4% | 40.0% | 21.0% | -27.6% | 3.3% |
Program services revenue | 1.0% | 0.9% | 0.5% | 0.6% | 0.5% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 0.8% | 0.5% | 0.6% | 1.3% | 2.2% |
Government grants | 26.7% | 43.7% | 30.6% | 57.8% | 48.8% |
All other grants and contributions | 67.5% | 49.5% | 64.3% | 41.8% | 46.7% |
Other revenue | 4.0% | 5.4% | 4.1% | -1.6% | 1.8% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $28,106,871 | $45,407,068 | $37,230,858 | $45,359,041 | $45,179,451 |
Total expenses, % change over prior year | 13.1% | 61.6% | -18.0% | 21.8% | -0.4% |
Personnel | 18.3% | 13.9% | 16.2% | 14.8% | 17.0% |
Professional fees | 4.5% | 2.9% | 3.4% | 3.1% | 3.7% |
Occupancy | 0.7% | 0.6% | 0.5% | 0.5% | 0.6% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 71.5% | 79.5% | 75.8% | 78.6% | 74.9% |
All other expenses | 5.1% | 3.0% | 4.1% | 3.1% | 3.8% |
Full cost components (estimated) info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $28,146,286 | $45,470,737 | $37,294,678 | $45,418,476 | $45,267,399 |
One month of savings | $2,342,239 | $3,783,922 | $3,102,572 | $3,779,920 | $3,764,954 |
Debt principal payment | $0 | $0 | $0 | $0 | $0 |
Fixed asset additions | $103,212 | $0 | $0 | $118,058 | $144,814 |
Total full costs (estimated) | $30,591,737 | $49,254,659 | $40,397,250 | $49,316,454 | $49,177,167 |
Capital structure indicators
Liquidity info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Months of cash | 3.0 | 1.8 | 2.5 | 2.7 | 2.9 |
Months of cash and investments | 12.0 | 8.4 | 18.2 | 13.1 | 14.3 |
Months of estimated liquid unrestricted net assets | 4.8 | 3.8 | 11.9 | 8.2 | 8.9 |
Balance sheet composition info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Cash | $7,086,939 | $6,978,013 | $7,871,141 | $10,257,565 | $11,016,442 |
Investments | $21,110,642 | $24,640,757 | $48,566,548 | $39,350,943 | $42,848,485 |
Receivables | $13,261,847 | $13,532,424 | $13,998,549 | $13,867,243 | $13,916,289 |
Gross land, buildings, equipment (LBE) | $3,342,621 | $3,313,468 | $3,152,377 | $3,270,434 | $3,435,709 |
Accumulated depreciation (as a % of LBE) | 87.0% | 87.5% | 87.8% | 86.5% | 85.5% |
Liabilities (as a % of assets) | 23.2% | 19.9% | 14.4% | 19.3% | 18.5% |
Unrestricted net assets | $11,620,112 | $14,826,881 | $37,397,055 | $31,489,377 | $34,106,187 |
Temporarily restricted net assets | N/A | N/A | N/A | N/A | N/A |
Permanently restricted net assets | N/A | N/A | N/A | N/A | N/A |
Total restricted net assets | $21,206,352 | $22,503,132 | $24,162,879 | $21,050,681 | $22,472,501 |
Total net assets | $32,826,464 | $37,330,013 | $61,559,934 | $52,540,058 | $56,578,688 |
Key data checks
Key data checks info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
President and CEO
Mr. Brian Hassett
Number of employees
Source: IRS Form 990
United Way of Greater Nashville
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
United Way of Greater Nashville
Highest paid employeesSOURCE: IRS Form 990
Compensation data
United Way of Greater Nashville
Board of directorsas of 07/31/2024
Board of directors data
Mr. Alberto Gonzales
Belmont University
Term: 2024 - 2024
Scott Becker
Genesco Inc.
E. Anthony Heard
Partner, InfoWorks, Inc.
Anne Russell
Special Counsel, Adams and Reese LLP
James Weaver
Partner, Holland & Knight
Robert Dittus
Director, Institute for Medicine and Public Health, Vanderbilt University
R. Milton Johnson
Chairman, President and CEO, HCA
William Koch
Dean, Nashville School of Law
Alberto Gonzales
Dean, School of Law and Doyle Rogers Distinguished Chair of Law, Belmont University
John Crosslin
Principal, Crosslin & Associates
Gordon Knapp
Bridgestone Americas, Inc.
Rob McNeilly
Bank of Tennessee
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
Elk Mountain Partners
Lee Blank
Regions Bank
Nelson Andrews
Andrews Transportation Group
David Briggs
Fifth Third Bank
Kate Chinn
MP&F
John Doerge
Deloitte
Randy Gibson
Gresham Smith
Stuart Gordon
First Presbyterian Church of Nashville
Laurel Graefe
Federal Reserve Bank
Neil Hafer
Enterprise Holdings
Tonya Hallett
WW Amazon Stores and G&A
Shanna Jackson
Nashville State Community College
L. Gregory Jones
Belmont University
Richard Manson
SourceMark
Lucibeth Mayberry
CoreCivic
Candice McQueen
Lipscomb University
Jennenn Reed
Nashville Symphony
Deb Reiner
HCA Healthcare
Karl Sprules
AllianceBernstein
Brian Tibbs
Moody Nolan
Chandra Vasser
Nissan Group of the Americas
Blake Stinnette
PricewaterhouseCoopers
David Freeman
36 Venture Capital
Robert Gardenhire
Shrader Lane Church of Christ
Junaid Odubeko
Bradley 150
Burke Nihill
Tennessee Titans
Sara Correa
Bridgestone Americas
Eric Stuckey
City of Franklin
Kristi Morrow
CaringWays Inc.
O'Neal Wiggins
Wiggins Medical Transit
Ed Lanquist
Hands On
Organizational demographics
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Leadership
The organization's leader identifies as:
Race & ethnicity
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Gender identity
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Transgender Identity
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Sexual orientation
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Disability
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