GOLD2024

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

Adult and child mentoring

Community and economic development

Domestic violence shelters

Education

Family planning

Show more subject areas

Population served info

Non-adult children

Adults

Economically disadvantaged people

Families

Children and youth

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

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 2023 info

SOURCE: IRS Form 990

4.20

Average of 2.92 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

2.9

Average of 2.2 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

16%

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 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
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
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United Way of Greater Nashville

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
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United Way of Greater Nashville

Board of directors
as of 07/31/2024
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. 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

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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

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O'Neal Wiggins

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Ed Lanquist

Hands On

Organizational demographics

SOURCE: Self-reported; last updated 7/31/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

Contractors

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