Catawba County Partnership for Children
Nonprofit profile at a glance
- EIN
- 582139195
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Hickory, NC, USA
- Phone
- 8286956505
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $4,432,580
- Expenses
- $4,341,176
- Assets
- $906,553
- Liabilities
- $18,528
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- KIMBERLY LYKE HOLDEN (EXECUTIVE DIRECTOR)
Highest reported compensation
- KIMBERLY LYKE HOLDEN (EXECUTIVE DIRECTOR): $122,514 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ensuring every child in catawba county enters kindergarten prepared for lifelong success.
What it reported doing in 2024
Family support- parents as teachers (pat) curriculum used to address the needs of parents of young children to improve parenting skills, prepare children for school success, and access appropriate community services. 119 children and 131 parents were served. 1363 home visits were made, 110 play group meetings were held involving 88 parents, families received 118 referrals/connections to community resources. Families of 411 qualifying children received assistance in paying for child care. Parent support team/ triple p provided parenting education and support services utilizing the triple p curriculum; 5 new practitioners received accreditation in various triple p modules in levels 2-5. 43 parents/guardians participated in one-time triple p parent education events, and 71 parents/guardians participated in intensive, ongoing (multiple session) parent education events. 101 children impacted. Imagination library provided free monthly delivery of an age-appropriate book to children who are registered in database; encourages families to engage in literacy activities, enhancing kindergarten readiness. 7037 children ages 0-5 were being served during the year.kidsready catawba is a systems-building activity, designed to help our early childhood and k-12 communities work together to increase 3rd grade reading scores. The initiative focuses on developing leadership, analyzing existing local funding and data, identifying priorities for implementing new or improved practices, and formulating strategies for strengthening system infrastructure and improving outcomes for children and families. 18 meetings were convened to operationalize our county's kidsready strategic roadmap. Diaper pantry provided emergency supplies of diapers to 399 families.39,750 diapers were supplied.
Operating model
- Revenue model
- Grant-funded. 96% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.3%; rating input score 91
- Program expense ratio: 93.2%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 43rd 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; 63rd percentile among comparable filings
- Governance controls: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.1%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 2.8% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 3.4% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 19.5% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 91.3% of revenue deployed · 93.2% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $4M in reported program spending
- Leadership: top reported pay $123K · 17 people listed
- Consistency: 35 of 35 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 8 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.