UNITED WAY SUNCOAST, INC. AND AFFILIATE
Combined Financial Statements
June 30, 2023 and 2022
(With Independent Auditors' Report Thereon) UNITED WAY SUNCOAST, INC. AND AFFILIATE
Table of Contents
Management Certification
Independent Auditors' Report
Combined Financial Statements:
Combined Statements of Financial Position
Combined Statements of Activities
Page
1
2-3
+
5-6
Combined Statements of Cash Flows
7
Combined Statements of Functional Expenses
8-9
Notes to Combined Financial Statements
10-32 I hereby certify that:
UNITED WAY SUNCOAST, INC.
Management Certification
Year Ended June 30, 2023
FREEDOM
TO RISE
1. I have read the audited financial statements of United Way Suncoast, Inc. for the
year ended June 30, 2023.
United
Way
United Way Suncoast
2. Based on my knowledge, the financial statements of United Way Suncoast, Inc. for
the period ended June 30, 2023 do not contain any misstatement of a material fact
or omission of a material fact that would make the statements misleading.
3. Based on my knowledge, the financial statements and other financial information
included in this report fairly present, in all material respects, the financial condition,
results of operations and cash flows of United Way Suncoast, Inc. as of, and for the
period ended, June 30, 2023.
Jessica Muroff
Jessica Muroff
Chief Executive Officer
October 25, 2023
Date
Kelly Kavanaugh
Chief Financial and Investments Officer
October 25, 2023
Date
Lakewood Ranch Office
4215 Concept Court
Lakewood Ranch, FL 34211
Telephone: 941-748-1313
Tampa Bay Office
4925 Independence Parkway, Suite 120
Tampa, FL 33634
Telephone: 813-274-0900
f@ino
unitedwaysuncoast.org KMHM
Independent Auditors' Report
Board of Directors
United Way Suncoast, Inc. and Affiliate:
Opinion
We have audited the accompanying combined financial statements of United Way Suncoast, Inc. and
Affiliate (collectively, the “Organization”), which comprise the combined statements of financial position
as of June 30, 2023 and 2022, and the related combined statements of activities, cash flows and functional
expenses for the years then ended and the related notes to the combined financial statements.
In our opinion, the accompanying combined financial statements present fairly, in all material respects, the
financial position of the Organization as of June 30, 2023 and 2022, and the changes in its net assets, cash
flows, and functional expenses for the years then ended in accordance with accounting principles generally
accepted in the United States of America.
Basis for Opinion
We conducted our audits in accordance with auditing standards generally accepted in the United States of
America ("GAAS”). Our responsibilities under those standards are further described in the Auditors'
Responsibilities for the Audit of the Combined Financial Statements section of our report. We are required
to be independent of the Organization and to meet our other ethical responsibilities, in accordance with the
relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our audit opinion.
Change in Accounting Principle
As discussed in Note 1(q) to the combined financial statements, the Organization changed its method of
accounting for leases as a result of the adoption of Accounting Standards Codification Topic 842, Leases,
effective July 1, 2022, under the modified retrospective transition method. Our opinion is not modified with
respect to this matter.
Responsibilities of Management for the Combined Financial Statements
Management is responsible for the preparation and fair presentation of the combined financial statements
in accordance with accounting principles generally accepted in the United States of America and for the
design, implementation, and maintenance of internal control relevant to the preparation and fair presentation
of combined financial statements that are free from material misstatement, whether due to fraud or error.
Mayer Hoffman McCann P.C.
140 Fountain Parkway North
Suite 410
St. Petersburg, FL 33716
Phone: 727.572.1400
Fax: 727.571.1933
mhmcpa.com
KRESTON GLOBAL In preparing the combined financial statements, management is required to evaluate whether there are
conditions or events, considered in the aggregate, that raise substantial doubt about the Organization's
ability to continue as a going concern for one year after the date that the combined financial statements are
available to be issued.
Auditors' Responsibilities for the Audit of the Combined Financial Statements
Our objectives are to obtain reasonable assurance about whether the combined financial statements as a
whole are free from material misstatement, whether due to fraud or error, and to issue an auditors' report
that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance
and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a
material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud
is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions,
misrepresentations, or the override of internal control. Misstatements are considered material if there is a
substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a
reasonable user based on the combined financial statements.
In performing an audit in accordance with GAAS, we:
•
•
•
•
•
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the combined financial statements, whether
due to fraud or error, and design and perform audit procedures responsive to those risks. Such
procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the
combined financial statements.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that
are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the Organization's internal control. Accordingly, no such opinion is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant
accounting estimates made by management, as well as evaluate the overall presentation of the combined
financial statements.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that
raise substantial doubt about the Organization's ability to continue as a going concern for a reasonable
period of time.
We are required to communicate with those charged with governance regarding, among other matters, the
planned scope and timing of the audit, significant audit findings, and certain internal control related matters
that we identified during the audit.
Mayer Hoffman McCann P.C.
October 25, 2023
St. Petersburg, Florida/n Expenses
Net Assets or
Fund Balances
Revenue
Activities & Goverance
Form
990
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private
foundation: Do not enter social security numbers on this form as it may be made public.
► Go to www.irs.gov/Form 990 for instructions and the latest information.
OMB No. 1545-
0047
2022
Open to Public
Inspection
A
For the 2022 calendar year, or tax year beginning 07-01-2022
and ending 06-30-2023
C Name of organization
B Check if applicable:
Address change
Name change
Initial return
Final
return/terminated
Amended return
Application pending
HEART OF FLORIDA UNITED WAY INC
Doing business as
Number and street (or P.O. box if mail is not delivered to street address) Room/suite
1940 CANNERY WAY
City or town, state or province, country, and ZIP or foreign postal code
ORLANDO, FL 328044714
F Name and address of principal officer:
JEFFERY HAYWARD
1940 CANNERY WAY
D Employer identification number
59-0808854
E Telephone number
(407) 835-0900
G Gross receipts $ 25,850,366
H(a) Is this a group return for
subordinates?
H(b) Are all subordinates
included?
Γ Yes
No
Yes No
I Tax-exempt status:
501(c)(3) 501(c) ( ) (insert no.) 4947(a)(1) or 527
If "No," attach a list. See instructions.
H(c) Group exemption number
J
Website: WWW.HFUW.ORG
ORLANDO, FL 328044714
K Form of organization:
Corporation Trust
Association
Other
Part I
Summary
L Year of formation: 1988
M State of legal domicile: FL
1 Briefly describe the organization's mission or most significant activities:
THE MISSION OF HEART OF FLORIDA UNITED WAY IS TO IMPROVE LIVES BY MOBILIZING THE CARING POWER OF OUR
COMMUNITIES. THIS IS ACCOMPLISHED BY STANDING UP FOR THE HEALTH, EDUCATION, AND FINANCIAL STABILITY
OF EVERY PERSON IN CENTRAL FLORIDA.
Check this box
2
if the organization discontinued its operations or disposed of more than 25% of its net assets.
3 Number of voting members of the governing body (Part VI, line 1a)
3
36
.
4 Number of independent voting members of the governing body (Part VI, line 1b)
5 Total number of individuals employed in calendar year 2022 (Part V, line 2a)
4
36
5
209
6 Total number of volunteers (estimate if necessary)
7a Total unrelated business revenue from Part VIII, column (C), line 12
b Net unrelated business taxable income from Form 990-T, Part I, line 11
6
6,088
7a
0
7b
0
8 Contributions and grants (Part VIII, line 1h)
9 Program service revenue (Part VIII, line 2g)
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d)
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)
Prior Year
19,266,808
Current Year
19,779,536
12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 12)
13 Grants and similar amounts paid (Part IX, column (A), lines 1-3).
14 Benefits paid to or for members (Part IX, column (A), line 4) .
570,109
1,168,302
115,719
21,120,938
11,351,774
1,695,248
223,380
22,197,166
9,783,234
0
0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)
16a Professional fundraising fees (Part IX, column (A), line 11e)
b Total fundraising expenses (Part IX, column (D), line 25) 1,400,573
7,586,621
9,436,027
0
0
.
17 Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e)
18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25)
5,300,275
24,238,670
3,903,573
23,122,834
499,002
19 Revenue less expenses. Subtract line 18 from line 12.
20 Total assets (Part X, line 16)
.
21 Total liabilities (Part X, line 26)
Part II
22 Net assets or fund balances. Subtract line 21 from line 20
Signature Block
-3,117,732
Beginning of Current
Year
52,280,258
7,747,985
44,532,273
-925,668
End of Year
52,774,466
9,255,107
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of
my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which
preparer has any knowledge.
Signature of officer
Sign
Here
JEFFERY HAYWARD PRESIDENT & CEO
Type or print name and title
Print/Type preparer's name
2024-01-22
Date
43,519,359
Preparer's signature
Date
Check
if
PTIN
P00536805
Paid
Firm's name
CHERRY BEKAERT ADVISORY LLC
Preparer
Use Only
Firm's address
800 NORTH MAGNOLIA AVE SUITE 1300
ORLANDO, FL 32803
self-employed
Firm's EIN 88-2730877
Phone no. (407) 423-7911
May the IRS discuss this return with the preparer shown above? See Instructions.
For Paperwork Reduction Act Notice, see the separate instructions.
✓ Yes
No
Cat. No. 11282Y
Form 990 (2022) Form 990 (2022)
Part III
1
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III
Briefly describe the organization's mission:
Page 2
THE MISSION OF HEART OF FLORIDA UNITED WAY IS TO IMPROVE LIVES BY MOBILIZING THE CARING POWER OF OUR
COMMUNITIES. THIS IS ACCOMPLISHED BY STANDING UP FOR THE HEALTH, EDUCATION, AND FINANCIAL STABILITY OF EVERY
PERSON IN CENTRAL FLORIDA.
2 Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ?
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services?
If "Yes," describe these changes on Schedule O.
4
Yes No
Yes No
Describe the organization's program service accomplishments for each of its three largest program services, as measured by
expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others,
the total expenses, and revenue, if any, for each program service reported.
4a
(Code:
11,426,022 including grants of $
) (Expenses $
6,629,137) (Revenue $
499,002 )
FOUNDED IN 1939, HEART OF FLORIDA UNITED WAY (UNITED WAY) IS CENTRAL FLORIDA'S LARGEST SUPPORTER OF LOCAL HEALTH AND HUMAN SERVICE
AGENCIES. IN 2022-2023, $22.0 MILLION DOLLARS WERE INVESTED INTO CENTRAL FLORIDA, INCLUDING OVER $9.9 MILLION DOLLARS RAISED DURING THE
ANNUAL CAMPAIGN THAT HELPS FUND LOCAL HEALTH AND HUMAN SERVICE PROGRAMS. WITH THESE INVESTMENTS, UNITED WAY TOUCHED THE LIVES OF 755,777
INDIVIDUALS THROUGH COMMUNITY PARTNERSHIPS, AS WELL AS THROUGH DIRECT SERVICES DESIGNED TO CREATE A THRIVING COMMUNITY WHERE ADULTS
AND CHILDREN ACHIEVE THEIR FULL POTENTIAL WITH ACCESS TO A SOLID EDUCATION, GOOD HEALTH, SAFE NEIGHBORHOODS AND JOBS THAT PAY A LIVING
WAGE.
4b
(Code:
) (Expenses $
3,344,757 including grants of $
) (Revenue $
IN 2022-2023, HEART OF FLORIDA UNITED WAY 2-1-1 MANAGED GRANTS AND FEE-FOR-SERVICE CONTRACTS, TOTALING $4.3 MILLION, TO PROVIDE 2-1-1
INFORMATION, REFERRAL AND CRISIS SERVICES VIA PHONE, CHAT, TEXT, EMAIL AND ONLINE DATABASE ACCESS IN THE TRI-COUNTY AREA OF ORANGE, OSCEOLA
AND SEMINOLE, FLORIDA. HFUW 2-1-1 IS ALSO CONTRACTED TO PROVIDE SERVICES IN 11 ADDITIONAL COUNTIES IN FLORIDA, 42 COUNTIES IN TENNESSEE, AS
WELL AS SERVING AS THE NATIONAL DISASTER DISTRESS HELPLINE TEXT CENTER AND REGIONAL 988 SUICIDE & CRISIS LIFELINE. HFUW 2-1-1 ANSWERED OVER
289,000 CONTACTS IN FY 2023.
4c
(Code:
) (Expenses $
2,606,660
including grants of $
1,467,062) (Revenue $
HEART OF FLORIDA UNITED WAY SERVES AS THE LEAD AGENCY FOR RYAN WHITE PART B/GENERAL REVENUE, A FLORIDA DEPARTMENT OF HEALTH-FUNDED
PROGRAM THAT PROVIDES CARE AND SUPPORT TO PEOPLE LIVING WITH HIV IN ORANGE, OSCEOLA, SEMINOLE AND BREVARD COUNTIES. ADDITIONALLY, HEART OF
FLORIDA UNITED WAY RECEIVES FEDERAL FUNDING FROM ORANGE COUNTY GOVERNMENT TO PROVIDE TECHNICAL ASSISTANCE FOR THE CENTRAL FLORIDA HIV
PLANNING COUNCIL, A COMMUNITY PLANNING GROUP THAT MAKES RECOMMENDATIONS TO THE RECIPIENT OFFICES ON RYAN WHITE PART FUNDS, THROUGH
THE MANAGEMENT OF THE PLANNING COUNCIL SUPPORT PROGRAM. THE PLANNING COUNCIL PROVIDES PREVENTION AND CARE PLANNING FOR ORANGE,
OSCEOLA, SEMINOLE, LAKE AND BREVARD COUNTIES.
(Code:
) (Expenses $
1,687,035
including grants of $
1,687,035) (Revenue $
HEART OF FLORIDA UNITED WAY'S DONOR CHOICE PROGRAM PROVIDES DONORS WITH AN OPPORTUNITY TO DIRECT THEIR GIFT TO SPECIFIC 501(C)(3) NON-
PROFIT ORGANIZATIONS OF PERSONAL INTEREST TO THEM. FOR DONORS, THIS PROGRAM PROVIDES THE OPTION TO DONATE TO THEIR FAVORITE CHARITY
THROUGH THEIR WORKPLACE CAMPAIGN IN A SIMPLE, COST-EFFECTIVE MANNER. FOR AGENCIES, NOT ONLY DOES UNITED WAY'S FUNDRAISING PROVIDE ACCESS
TO MANY VENUES, IT ALSO PROVIDES ACCESS TO UNRESTRICTED FUNDING. UNRESTRICTED FUNDING IS TRADITIONALLY THE MOST DIFFICULT FUNDING TO RAISE
IN ANY COMMUNITY. IN 2022-2023, $1.7 MILLION DOLLARS WERE DISTRIBUTED.
4d
Other program services (Describe in Schedule O.)
(Expenses $
1,687,035
including grants of $
1,687,035) (Revenue $
)
4e
Total program service expenses
19,064,474
Form 990 (2022) Form 990 (2022)
Part IV
Checklist of Required Schedules
Page 3
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes,"
complete Schedule A
Yes
1
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions.
2
Yes
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to
candidates for public office? If "Yes," complete Schedule C, Part I
No
3
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h)
election in effect during the tax year? If "Yes," complete Schedule C, Part II
4
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues,
assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III.
50
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the
right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete
Schedule D, Part I ☑.
60
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II
7
No
22
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III
8
00
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a
custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt
negotiation services? If "Yes," complete Schedule D, Part IV
No
9
10
Did the organization", directly or through a related organization, hold assets in temporarily restricted endowments,
permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V .
10
Yes
11
If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII,
VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI.
Yes
11a
b Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more of
its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII
Νο
11b
c Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of
its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII
No
11c
d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets
reported in Part X, line 16? If "Yes," complete Schedule D, Part IX
No
e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X
11d
11e
Yes
f Did the organization's separate or consolidated financial statements for the tax year include a footnote that
addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?
12a sapate Independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII
11f
No
12a
Yes
13
b Was the organization included in consolidated, independent audited financial statements for the tax year?
If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
12b
No
13
No
14a Did the organization maintain an office, employees, or agents outside of the United States?
14a
No
b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising,
business, investment, and program service activities outside the United States, or aggregate foreign
investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV
14b
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for
any foreign organization? If "Yes," complete Schedule F, Parts II and IV
No
15
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other
assistance to or for foreign individuals? If "Yes," complete Schedule F, Parts III and IV.
No
16
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on
Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions.
No
17
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on
Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II. .
18
Yes
19
•
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If
"Yes," complete Schedule G, Part III
19
No
20a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H
·
20a
No
b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or
domestic government on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts I and II
Yes
21
Form 990 (2022) Form 990 (2022)
Part IV
22
23
Checklist of Required Schedules (continued)
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on
Part IX, column (A), line 2? If "Yes," complete Schedule I, Parts I and III
Page 4
Yes
No
22
Yes
"
23
Yes
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization's
current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes,"
complete Schedule J.
24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000
as of the last day of the year, that was issued after December 31, 2002? If "Yes," answer lines 24b through 24d
and complete Schedule K. If "No," go to line 25a
.
b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?
No
24a
.
24b
с Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?
d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?
25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit
transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I
26
27
b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior
year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If
"Yes," complete Schedule L, Part I
Did the organization-report any amount on Part X; line 5 or 22 for receivables from or payables to any current or
former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled
entity or family member of any of these persons?
bise" and at or other assistance to any current or former officer, director, trustee, key
employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member,
or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," completeSchedule L, Part III
24c
24d
25a
No
25b
No
26
No
27
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L,
Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes,"
complete Schedule L, Part IV.
b A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV
28a
Νο
28b
No
C A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes,"
complete Schedule L, Part IV .
No
28c
29
30
23
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M
29
Yes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified
conservation contributions?
No
30
31
BiäYafe” Fryarlsta¡Sue, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete
Schedule N, Part II
No
32
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations
sections 301.7701-2 and 301.7701-3?
No
33
34
Waste galite pay tax-exempt or taxable entity? If ""Yes," complete Schedule R, Part II, III, or IV,
and Part V, line 1
34
No
35a Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
No
b If 'Yes' to line 35a, did the organization receive any payment from or engage in any transaction with a controlled
entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2
35b
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related
organization? If "Yes," complete Schedule R, Part V, line 2
No
36
37
38
Did the organization conduct more than 5% of its activities through an entity that is not a related organization
and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19?
Note. All Form 990 filers are required to complete Schedule O.
60
ΝΟ
37
Yes
38
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V
Yes
No
1a Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable
1a
168
b Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable
c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable
gaming (gambling) winnings to prize winners?
1b
0
1c
Yes
Form 990 (2022) Form 990 (2022)
Part V
2a Enter the number of employees reported on Form W-3, Transmittal of Wage and
Page 5
Statements Regarding Other IRS Filings and Tax Compliance (continued)
•
Tax Statements, filed for the calendar year ending with or within the year covered
by this return
2a
209
b If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
3a Did the organization have unrelated business gross income of $1,000 or more during the year?
2b
Yes
3a
No
3b
4a
No
b If "Yes," has it filed a Form 990-T for this year? If "No" to line 3b, provide an explanation in Schedule O
4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority
over, a financial account in a foreign country (such as a bank account, securities account, or other financial
bact) enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts
5a We organization a party to a prohibited tax shelter transaction at any time during the tax year?
b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
c If "Yes," to line 5a or 5b, did the organization file Form 8886-T?
6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the
organization solicit any contributions that were not tax deductible as charitable contributions?
b If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts
were not tax deductible?
Organizations that may receive deductible contributions under section 170(c).
5a
No
No
5b
5c
ба
No
6
6b
7
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and
services provided to the payor?
7a
Yes
b If "Yes," did the organization notify the donor of the value of the goods or services provided?
15
7b
Yes
с
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to
file Form 8282?
7c
d If "Yes," indicate the number of Forms 8282 filed during the year
7d
No
e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
37
7e
No
7f
No
g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as
required?
7g
h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a
Form 1098-C?
7h
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the
sponsoring organization have excess business holdings at any time during the year?
8
00
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?
9a
10
b Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?
Section 501(c)(7) organizations. Enter:
9b
a Initiation fees and capital contributions included on Part VIII, line 12
10a
b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club
10b
11
Section 501(c)(12) organizations. Enter:
a Gross income from members or shareholders
11a
•
b Gross income from other sources. (Do not net amounts due or paid to other
sources against amounts due or received from them.)
11b
12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
b If "Yes," enter the amount of tax-exempt interest received or accrued during the
year.
12a
12b
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a Is the organization licensed to issue qualified health plans in more than one state?
13a
Note. See the instructions for additional information the organization must report on Schedule O.
b Enter the amount of reserves the organization is required to maintain by the states
in which the organization is licensed to issue qualified health plans
13b
c Enter the amount of reserves on hand
13c
14a Did the organization receive any payments for indoor tanning services during the tax year?
14a
No
b If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O
14b
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment(s) during the year?
15
No
.
16
Is 'thesorgeeitationsanuetionstanda files Fidation720bjScheduleeNsection 4968 excise tax on net investment income?
16
No
If "Yes," complete Form 4720, Schedule O.
17
Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that
would result in the imposition of an excise tax under section 4951, 4952, or 4953? .
If "Yes," complete Form 6069.
17
Form 990 (2022)/n PUBLIC DISCLOSURE COPY
08440228 143399 336831
2022.05060 UNITED WAY SUNCOAST, INC. 336831_1 Form
8879-TE
Department of the Treasury
Internal Revenue Service
Name of filer
IRS e-file Signature Authorization
for a Tax Exempt Entity
For calendar year 2022, or fiscal year beginning JUL 1 , 2022, and ending JUN 30
Do not send to the IRS. Keep for your records.
Go to www.irs.gov/Form8879TE for the latest information.
UNITED WAY SUNCOAST,
Name and title of officer or person subject to tax
CEO
Part I
INC.
,2023
OMB No. 1545-0047
2022
EIN or SSN
59-3725701
JESSICA MUROFF
Type of Return and Return Information
Check the box for the return for which you are using this Form 8879-TE and enter the applicable amount, if any, from the return. Form 8038-CP and
Form 5330 filers may enter dollars and cents. For all other forms, enter whole dollars only. If you check the box on line 1a, 2a, 3a, 4a, 5a, 6a, 7a, 8a, 9a,
or 10a below, and the amount on that line for the return being filed with this form was blank, then leave line 1b, 2b, 3b, 4b, 5b, 6b, 7b, 8b, 9b, or 10b,
whichever is applicable, blank (do not enter -0-). But, if you entered -0- on the return, then enter -0- on the applicable line below. Do not complete more
than one line in Part I.
1a
Form 990 check here
b Total revenue, if any (Form 990, Part VIII, column (A), line 12)
1b16,262,360.
2a
Form 990-EZ check here
b
Total revenue, if any (Form 990-EZ, line 9)
2b
За
Form 1120-POL check here
b
Total tax (Form 1120-POL, line 22)
3b
4a
Form 990-PF check here
b Tax based on investment income (Form 990-PF, Part V, line 5)
4b
5a
Form 8868 check here
b Balance due (Form 8868, line 3c)
5b
6a
Form 990-T check here
b Total tax (Form 990-T, Part III, line 4)
6b
7a
Form 4720 check here
b
Total tax (Form 4720, Part III, line 1)
7b
8a
Form 5227 check here
b
FMV of assets at end of tax year (Form 5227, Item D)
8b
9a
Form 5330 check here
b Tax due (Form 5330, Part II, line 19)
9b
10a
10b
Form 8038-CP check here
b Amount of credit payment requested (Form 8038-CP, Part III, line 22)
Part II Declaration and Signature Authorization of Officer or Person Subject to Tax
Under penalties of perjury, I declare that ☑ I am an officer of the above entity or I am a person subject to tax with respect to (name
of entity)
(EIN)
and that I have examined a copy of the
2022 electronic return and accompanying schedules and statements, and, to the best of my knowledge and belief, they are true, correct, and
complete. I further declare that the amount in Part I above is the amount shown on the copy of the electronic return. I consent to allow my
intermediate service provider, transmitter, or electronic return originator (ERO) to send the return to the IRS and to receive from the IRS (a) an
acknowledgement of receipt or reason for rejection of the transmission, (b) the reason for any delay in processing the return or refund, and (c) the date
of any refund. If applicable, I authorize the U.S. Treasury and its designated Financial Agent to initiate an electronic funds withdrawal (direct debit)
entry to the financial institution account indicated in the tax preparation software for payment of the federal taxes owed on this return, and the
financial institution to debit the entry to this account. To revoke a payment, I must contact the U.S. Treasury Financial Agent at 1-888-353-4537 no
later than 2 business days prior to the payment (settlement) date. I also authorize the financial institutions involved in the processing of the electronic
payment of taxes to receive confidential information necessary to answer inquiries and resolve issues related to the payment. I have selected a
personal identification number (PIN) as my signature for the electronic return and, if applicable, the consent to electronic funds withdrawal.
PIN: check one box only
☑ I authorize CBIZ MHM,
LLC
ERO firm name
to enter my PIN
25701
Enter five numbers, but
do not enter all zeros
as my signature on the tax year 2022 electronically filed return. If I have indicated within this return that a copy of the return is being filed
with a state agency(ies) regulating charities as part of the IRS Fed/State program, I also authorize the aforementioned ERO to enter my PIN
on the return's disclosure consent screen.
As an officer or person subject to tax with respect to the entity, I will enter my PIN as my signature on the tax year 2022 electronically filed
return. If I have indicated within this return that a copy of the return is being filed with a state agency(ies) regulating charities as part of the
IRS Fed/State program, I will enter my PIN on the return's disclosure consent screen.
Signature of officer or person subject to tax
Part III Certification and Authentication
Date
ERO's EFIN/PIN. Enter your six-digit electronic filing identification
number (EFIN) followed by your five-digit self-selected PIN.
43121720718
Do not enter all zeros
I certify that the above numeric entry is my PIN, which is my signature on the 2022 electronically filed return indicated above. I confirm that I am
submitting this return in accordance with the requirements of Pub. 4163, Modernized e-File (MeF) Information for Authorized IRS e-file Providers for
Business Returns.
ERO's signature
Date
ERO Must Retain This Form - See Instructions
02/28/24
Do Not Submit This Form to the IRS Unless Requested To Do So
LHA For Privacy Act and Paperwork Reduction Act Notice, see instructions.
Form 8879-TE (2022)
202521 12-16-22
08440228 143399 336831
2022.05060 UNITED WAY SUNCOAST, INC. 336831_1 Form
990
Department of the Treasury.
Internal Revenue Service
**
PUBLIC DISCLOSURE COPY **
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990 for instructions and the latest information.
JUL 1, 2022
A For the 2022 calendar year, or tax year beginning
B Check if C Name of organization
applicable:
Address
✗ change
Name
change
Initial
return
Final
Ireturn/
termin-
ated
Amended
return
UNITED WAY SUNCOAST, INC.
Doing business as
Number and street (or P.O. box if mail is not delivered to street address)
4925 INDEPENDENCE PKWY
City or town, state or province, country, and ZIP or foreign postal code
TAMPA, FL
33634-7548
F Name and address of principal officer: JESSICA MUROFF
and ending JUN 30, 2023
OMB No. 1545-0047
2022
Open to Public
Inspection
D Employer identification number
59-3725701
Room/suite E Telephone number
120
(813) 274-0900
32,012,097.
G Gross receipts $
H(a) Is this a group return
Yes ☑ No
Yes
No
Applica-
tion
pending
SAME AS C ABOVE
■ Tax-exempt status: ☑ 501(c)(3)
501(c)(
(insert no.)
4947(a)(1) or
527
J Website: WWW.UNITEDWAY SUNCOAST.ORG
K Form of organization: ☑ Corporation
H(c) Group exemption number
Trust
Association
Other
Part
Summary
Activities & Governance
Revenue
Expenses
for subordinates?
H(b) Are all subordinates included?
If "No," attach a list. See instructions
L Year of formation: 2001 M State of legal domicile: FL
1 Briefly describe the organization's mission or most significant activities: TO PROVIDE LEADERSHIP THAT
IMPROVES LIVES AND CREATES LASTING COMMUNITY CHANGE
Check this box
23456
Number of independent voting members of the governing body (Part VI, line 1b)
if the organization discontinued its operations or disposed of more than 25% of its net assets.
Number of voting members of the governing body (Part VI, line 1a)
3
30
4
30
5
84
6
4098
7a
0.
7b
0.
Current Year
Total number of individuals employed in calendar year 2022 (Part V, line 2a)
Total number of volunteers (estimate if necessary)
7 a Total unrelated business revenue from Part VIII, column (C), line 12
819
b Net unrelated business taxable income from Form 990-T, Part I, line 11
Contributions and grants (Part VIII, line 1h)
Program service revenue (Part VIII, line 2g)
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d)
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)
12 Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12)
13 Grants and similar amounts paid (Part IX, column (A), lines 1-3)
14 Benefits paid to or for members (Part IX, column (A), line 4)
Prior Year
16,849,785.
375,783.
703,704.
-14,508.
17,914,764.
11,866,030.
15,422,035.
355,128.
473,502.
11,695.
16,262,360.
12,190,040.
0.
0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)
16a Professional fundraising fees (Part IX, column (A), line 11e)
5,590,652.
5,661,381.
0.
0.
b Total fundraising expenses (Part IX, column (D), line 25)
17 Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e)
2,373,820.
3,979,068.
4,381,527.
18
Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25)
19 Revenue less expenses. Subtract line 18 from line 12
21,435,750.
-3,520,986.
22,232,948.
-5,970,588.
Net Assets or
Balances
20 Total assets (Part X, line 16)
21 Total liabilities (Part X, line 26)
22 Net assets or fund balances. Subtract line 21 from line 20
Signature Block
Part II
Beginning of Current Year
59,673,502.
10,061,693.
49,611,809.
End of Year
55,507,110.
9,804,317.
45,702,793.
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is
true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Signature of officer
Sign
Here
JESSICA MUROFF, CEO
Type or print name and title
Print/Type preparer's name
Paid
LISA BURKE
Preparer's signature
LISA BURKE
Preparer
Firm's name CBIZ MHM, LLC
Use Only
KANSAS CITY, MO 64112
Firm's address 700 WEST 47TH STREET, SUITE 1100
May the IRS discuss this return with the preparer shown above? See instructions
232001 12-13-22
Date
Date
Check
if
PTIN
self-employed P00220718
Firm's EIN 34-1874260
Phone no. 816-945-5500
☑ Yes
LHA For Paperwork Reduction Act Notice, see the separate instructions.
SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT CONTINUATION
No
Form 990 (2022) Form 990 (2022)
Part III | Statement of Program Service Accomplishments
UNITED WAY SUNCOAST, INC.
1
Check if Schedule O contains a response or note to any line in this Part III
Briefly describe the organization's mission:
59-3725701 Page 2
☑
TO PROVIDE LEADERSHIP THAT IMPROVES LIVES AND CREATES LASTING
COMMUNITY CHANGE BY MOBILIZING THE CARING PEOPLE OF OUR COMMUNITIES TO
GIVE, ADVOCATE, AND VOLUNTEER. (CONTINUED ON SCHEDULE O)
2
Did the organization undertake any significant program services during the year which were not listed on the
prior Form 990 or 990-EZ?
☑ Yes
No
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services?
If "Yes," describe these changes on Schedule O.
Yes ☑ No
4
4a
4b
Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses.
Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and
revenue, if any, for each program service reported.
(Code:
7,052,674.
) (Expenses $
FINANCIAL STABILITY:
including grants of $
5,432,719.) (Revenue $
CONDITIONS UNITED WAY SUNCOAST'S 2023 ALICE REPORT REVEALED THAT
ASSET LIMITED, INCOME CONSTRAINED EMPLOYED HOUSEHOLDS MAKE UP 45
PERCENT OF ALL HOUSEHOLDS IN OUR FIVE-COUNTY REGION. THE RESEARCH
DIDN'T COME AS A SURPRISE, AND FROM EVERY INDICATION, THE CHALLENGES
FACING THESE FAMILIES CONTINUE TO GROW WITH AVERAGE RENTAL RATES RISING
AND 1 IN 4 HOUSEHOLDS IN OUR ALICE ZONES OF FOCUS UTILIZING SNAP
BENEFITS. ALICE FAMILIES COUNT THE DAYS BETWEEN PAYCHECKS, HOPING TO
MAKE IT TO THE NEXT PAYDAY. ALICE FAMILIES SPAN ALL RACES, AGES,
ETHNICITIES, AND ABILITIES. (CONTINUED ON SCHEDULE O)
) (Expenses $
(Code:
6,673,400. including grants of $
EARLY LEARNING AND YOUTH SUCCESS:
EARLY LEARNING
4,980,359.) (Revenue $
CONDITIONS AMERICA AND THE SUNCOAST REGION CONTINUE TO GRAPPLE WITH
THE CHILDCARE CRISIS. PARENTS STRUGGLE TO FIND ACCESS TO QUALITY,
AFFORDABLE CHILDCARE, AND THE COSTS CONTINUE TO BE DEBILITATING FOR
ALICE FAMILIES. IN OUR FIVE-COUNTY REGION, THE ANNUAL AVERAGE COST FOR
A YEAR OF CHILDCARE FOR A NON-INFANT IS HIGHER THAN A YEAR OF TUITION
AT THE UNIVERSITY OF SOUTH FLORIDA. MEANWHILE, CHILDCARE CENTERS DEAL
WITH A CHALLENGING BUSINESS MODEL THAT LIMITS HOW MUCH THEY CAN PAY
EARLY LEARNING TEACHERS. (CONTINUED ON SCHEDULE O)
4c
(Code:
) (Expenses $
1,917,357. including grants of $
COMMUNITY SUPPORT SERVICES:
200,638.) (Revenue $
208,332.
UNITED WE SERVE (VOLUNTEERS) VOLUNTEER ACTION IS A KEY PART OF UNITED
WAY'S MISSION, AND WITH UNITED WE SERVE, OUR PHILANTHROPIC ENGAGEMENT
TEAM CREATES OPPORTUNITIES THROUGHOUT THE YEAR WITH ITS MONTHLY
ENGAGEMENT OPPORTUNITIES. WE STARTED THE FISCAL YEAR IN THE COMMUNITY
WITH POP-UP VOLUNTEER EVENTS TO BRING AWARENESS TO THE 9/11 DAY OF
REMEMBRANCE, A MOMENT TO SUPPORT OTHERS IN TRIBUTE TO THOSE KILLED AND
INJURED ON SEPTEMBER 11, 2001, FIRST RESPONDERS AND THE COUNTLESS
OTHERS WHO SERVE TO DEFEND THE NATION'S FREEDOM AT HOME AND AROUND THE
WORLD. FROM THERE, WE RALLIED THE COMMUNITY TO SUPPORT THOSE AFFECTED
BY HURRICANE IAN THROUGH VOLUNTEERISM AND DONATION SUPPLY DRIVES TO
RESPOND TO THE NEEDS THROUGHOUT OUR REGION. (CONTINUED ON SCHEDULE O)
4d Other program services (Describe on Schedule O.)
(Expenses $
1,576,324.
4e
Total program service expenses
including grants of $
1,576,324.) (Revenue $
17,219,755.
146,796.)
Form 990 (2022)
232002 12-13-22
08440228 143399 336831
SEE SCHEDULE O FOR CONTINUATION(S)
2
2022.05060 UNITED WAY SUNCOAST, INC. 336831_1 Form 990 (2022)
UNITED WAY SUNCOAST, INC.
Part IV Checklist of Required Schedules
59-3725701
Page
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?
If "Yes," complete Schedule A
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions
☑☑
12
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for
public office? If "Yes," complete Schedule C, Part I
3
☑
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501 (h) election in effect
during the tax year? If "Yes," complete Schedule C, Part II
4
☑
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or
similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III
5
6
7
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to
provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I
Did the organization receive or hold a conservation easement, including easements to preserve open space,
6
☑
☑
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II
7
☑
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete
Schedule D, Part III
00
8
☑
9
Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a custodian for
amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services?
If "Yes," complete Schedule D, Part IV
9
10
Did the organization, directly or through a related organization, hold assets in donor-restricted endowments
or in quasi endowments? If "Yes," complete Schedule D, Part V
10
☑
☑
11
If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X,
as applicable.
a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D,
Part VI
11a
b Did the organization report an amount for investments - other securities in Part X, line 12, that is 5% or more of its total
assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII
11b
c Did the organization report an amount for investments - program related in Part X, line 13, that is 5% or more of its total
assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII
☑
☑
☑
d Did the organization report an amount for other assets in Part X, line 15, that is 5% or more of its total assets reported in
Part X, line 16? If "Yes," complete Schedule D, Part IX
e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X
f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses
the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X
12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII
b Was the organization included in consolidated, independent audited financial statements for the tax year?
11c
11d X
11e
☑☑
Χ
11f
12a
☑
☑
13
14a Did the organization maintain an office, employees, or agents outside of the United States?
If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
12b
13
☑
Χ
14a
☑
b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business,
investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000
or more? If "Yes," complete Schedule F, Parts I and IV
14b
☑
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any
foreign organization? If "Yes," complete Schedule F, Parts II and IV
15
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to
or for foreign individuals? If "Yes," complete Schedule F, Parts III and IV
16
☑
☑
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,
column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions
17
☑
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines
1c and 8a? If "Yes," complete Schedule G, Part II
18
אן
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes,"
complete Schedule G, Part III
19
☑
20a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H
b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20a
☑
20b
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or
domestic government on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts I and II
21
☑
232003 12-13-22
Form 990 (2022)
3
08440228 143399 336831
2022.05060 UNITED WAY SUNCOAST, INC. 336831_1/n Class: Financial Oversight for Nonprofit Organizations
Select a (main) Nonprofit:
Select a (Comparable) Nonprofit:
Assignment:
United Way Suncoast
Heart of Florida United Way
Obtain most recent AUDITED financial statements and Form 990 for your (main) selected
Nonprofit
Obtain most recent Form 990 for a (comparable) organization.
REPORT/ANALYSIS:
Write a report that is an analysis of the financial condition (financial strengths and weaknesses) of your
main organization, based on your review of the audited financial statements and Form 990. Use the 990
from the comparable organization in your evaluation of your main nonprofit.
You must use the audited financials and 990's to do your analysis.
Your conclusions based on this analysis are important. They should show your financial understanding of
the organization, and use the comparable organization to compare the shape of your main nonprofit.
Think critically about the financial condition of this organization.
You must document how you made your conclusions stating what numbers you used to come to your
conclusion(s).
This is a formal report and should be written like you are providing it to the Board of Directors of your
main organization.
The report/analysis must be at least 10-15 pages (minimum), double spaced.
As a part of the analysis, you should answer the following questions (and document how you came up
with your answers--explaining what numbers you used and where they came from):
What was the profitability of your organization last year versus this current year?
• Are they overspending?
• [Make sure you look at any NOTES on the Financial Statement and learn what you can learn from
the Notes. Integrate anything relevant into your assessments and conclusion]
Make the case:
О
Either they are in good/great shape financially---and list reasons why with validating
information
○
Or, they are not in good shape financially—and list reasons with validating information
Are they making money or losing money?
What are issues or areas of concern?
• Look at the Revenue/sources of Revenue.
•
○
What are the sources of Revenue?
О
What is being done with the Revenue and why?
Consider and mention any Economic Conditions you believe may affect it i.e., are donations
expected to go up or down, as an example. • How are expenses distributed across the organization?
Make sure you state your final Conclusions overall of the financial shape of your main
organization with validating information
