Baptist Children’s Homes of North Carolina

Legal name: Baptist Children's Homes of North Carolina Incorporated

Nonprofit profile at a glance

EIN: 560547499
IRS 990 coverage: 2009–2023
Official website data refreshed: Jul 2026
Forms available: Form 990 2023
Location: Thomasville, NC, US
Phone: 1-800-476-3669
Rating: 89
Verdict: STRONG
Rating confidence: Standard
Sector: Christianity
Affiliation: Christianity

Official website

Reported finances

Revenue: $41,738,454
Expenses: $39,098,276
Assets: $87,325,469
Liabilities: $3,591,268

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

40 people listed

Executive titles in this filing

KEITH HENRY (INTERIM CEO/COO)
BRENDA GRAY (INTERIM CEO/EVP)
BOND KISER (VICE PRESIDENT)
SAM BAREFOOT (SENIOR VICE PRESIDENT)
MICHAEL BLACKWELL (FORMER PRESIDENT)

Highest reported compensation

MICHAEL BLACKWELL (FORMER PRESIDENT): $402,464 total reported compensation
KEITH HENRY (INTERIM CEO/COO): $221,909 total reported compensation
BRENDA GRAY (INTERIM CEO/EVP): $186,069 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Sharing Hope. Changing Lives. At the time, the ministry began as a small orphanage serving vulnerable children in North Carolina. What started with a single location and a small group of caring individuals has grown into a network of ministries serving children, families, and individuals across multiple communities. Over the decades, the ministry expanded to respond to the changing needs of families. Today, Baptist Children’s Homes serves individuals through residential care, foster care and adoption services, family support ministries, and church partnerships designed to strengthen communities. While much has changed since those early days, the heart of the ministry remains the same: offering hope and help to those who.

What it reported doing in 2023

Family foster care - we have surpassed our goal of 100 foster families and 100 children foster families this past year. At the present we have 157 foster homes and 151 children in care. We have licensed over 316 foster homes and served over 400 children. Baptist children's homes trains and licenses level one foster homes to care for children who have been abused and neglected. These children need a home, they deserve a family, and they desire to feel valued and loved. Our foster homes have the opportunity to be that family for a boy or girl that has no permanent home. Our foster homes serve children from zero to 18 years old. The goal is reunification with the biological family if possible. However, if it is determined that reunification is not possible, the child can live with the foster parents until they reach the age of 18 or be adopted by that foster home family. We are presently partnering with the masonic home and have two foster home workers on that childrens home campus to provide foster care for that area. We have established a partnership with the baptist state convention called every child. We are working within the churches to provide licensing, training, and developing a structure within the churches to establish wraparound services to foster parents who are licensed within the church such as providing meals, transportation, etc. To prevent foster parent burnout. Family foster lease homes: we have established a program in which we lease a home owned by bch to foster families who are interested in serving more children but do not have adequate space in their own home. We have two of these homes at the present time. They are located in marshton, and in franklin. This has been a successful venture and we will continue to grow the program. At the present time we are in the process of building similar homes in cleveland county and in hayesville.

Operating model

Revenue model: Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model: Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

Financial Efficiency: 82
Transparency & Controls: 92
Accountability: 100
Sustainability: 64
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 87.4%; rating input score 87
Program expense ratio: 88.9%; rating input score 89
Fundraising efficiency: $10.53 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Accountability

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Sustainability

Operating margin: 6.3%; rating input score 60; 60th percentile among comparable filings
Total-asset coverage ratio: 2.23; rating input score 66; 66th percentile among comparable filings
Liabilities to assets ratio: 0.04; rating input score 86; 86th percentile among comparable filings
Officer compensation ratio: 4.4%; rating input score 53; 53rd percentile among comparable filings

Growth

Program expense growth: 7.3% per year; rating input score 100; 59th percentile among comparable filings
Revenue growth: 5.7% per year; rating input score 100; 52nd percentile among comparable filings
Asset growth: 6.5% per year; rating input score 100; 46th percentile among comparable filings

Details

What they do: 3 programs and campaigns described on the official site
Where the money goes: 87.4% of revenue deployed · 88.9% of spending went to programs
Governance: 31 of 31 board members independent · 9 of 9 filing controls reported
Programs: 10 filed program accomplishments · $34.8M in reported program spending
Leadership: top reported pay $402K · 40 people listed · 4 of 6 pay-setting controls reported
Highest-paid contractors: 5 contractors listed · $1.5M reported
Consistency: 35 of 35 current checks pass
Schedules: 8 filed schedules · includes major donors, grants, and executive pay
Filing history: 15 filing years from 2009 to 2023
Contacts: How to reach this organization
Money network: 9 filed money-flow records
Related organizations: 1 filed related-organization link
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
Review — Sustainability: Officer compensation ratio scored 53/100.