Financial Accountability
United Way in Waukesha County is in compliance with the comprehensive requirements for completion of audited financial statements developed by the United Way system. The requirements are intended to create a uniform set of standards for all United Ways to follow in preparing audited financial statements to ensure consistency and transparency on the part local of United Ways. 

The requirements are based on current best practices in our industry as well as generally accepted accounting principles and requirements of the Financial Accounting Standards Board. The United Way system has also developed requirements for completion of the IRS Form 990 that clarify various areas of ambiguity and establish a single United Way standard for the 990.


Read our Annual Reports: 

2013-14 Annual Report

 2012-13 Annual Report 

 2011-12 Annual Report

View our 990 Forms:

Form 990 for 2014

Form 990 for 2013

Form 990 for 2012 (04/01/12 - 06/30/12)

Review the Audited Financials:

 2013-14 Audited Financials

 2012-13 Audited Financials

 2011-12 Audited Financials

Overhead and Administrative Costs
The overhead ratio calculated by United Way is equal to administrative and fundraising expenses divided by total unrestricted revenue as reported on the Federal Form 990 and the audited financial statements.

This calculation equals 14.72% for 2013-14, which compares favorably to the accepted amount of 35% or less determined by the Better Business Bureau Wise Giving Alliance Standards for Charity Accountability. It also compares favorably to the average overhead rate of 16% reported by United Ways of similar size.

Transfer Fees
United Way in Waukesha County will assess fees for the transfer of a contribution to a designated agency or another United Way. The fees are assessed to compensate United Way in Waukesha County for expenses involved in the transfer.

The current fee amounts are as follows:
          Management and General Costs = 3%
          Fundraising Costs= 8.1%

Membership Accountability
At United Way in Waukesha County , we know our success is measured by how well we deliver on our mission to make measurable improvements in our community. And we know the importance of setting high standards for ourselves and for our local partners. United Way of America implemented new membership standards for United Ways in 2003 which enhance the level of accountability and transparency in local operations.  Annually, all United Ways must certify to United Way of America their adherence to the requirements.

Every United Way must:

  • Be tax-exempt under Section 501(c)(3) of the Internal Revenue Code as well as corresponding provisions of other applicable state, local or foreign laws or regulations. United Ways must file the IRS Form 990 annually in a timely manner. Large United Ways will submit their entire IRS Form 990 to United Way Worldwide annually.
  • Comply with all other applicable legal local, state, and federal operating and reporting requirements (e.g., nondiscrimination, Sarbanes-Oxley Act, USA Patriot Act).
  • Have an active, responsible, and voluntary governing body, which ensures effective governance over the policies and financial resources of the organization.
  • Adhere to a locally developed and adopted statement to ensure volunteers and staff broadly reflect the diversity of the community it serves.
  • Represent itself as a United Way in accordance with all United Way Worldwide trademark standards and requirements.
  • Support the United Way system by providing financial support to United Way Worldwide according to the membership investment formula.
  • Adhere to a locally developed and adopted code of ethics for volunteers and staff which includes provisions for ethical management, publicity, fundraising practices and full and fair disclosure. All large United Ways will submit a copy of their code of ethics to United Way Worldwide.
  • Undergo an annual audit conducted by an independent certified public accountant whose examination complies with generally accepted auditing standards and GAAP. United Ways with annual revenue totaling less than $100,000 may have their financial statements reviewed by an independent accountant.
  • Large United Ways will submit their audited financial statements to United Way Worldwide annually.
  • Conduct every three years a volunteer-led self-assessment of its community impact work, financial management, and organizational governance and decision making.
  • Annually submit to United Way Worldwide a report of the total resources generated (annual fundraising campaign plus other resources such as in-kind donations and proceeds from special events). This report must be completed according to a policy that ensures an accurate, unduplicated national accounting for the United Way system.
  • Biennially submit to United Way Worldwide a report on United Way income and expenses.
  • If managing donor-designated gifts, base any fee charged on actual expenses. If receiving designated gifts from other United Way organizations, not deduct fundraising or processing fees.