Chapel Hill-Carrboro Public School Foundation

Nonprofit profile at a glance

EIN
561421977
IRS 990 coverage
2015–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Carrboro, NC, USA
Phone
919.968.8819
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations
Affiliation
Christianity

Official website

Reported finances

Revenue
$1,739,418
Expenses
$1,286,420
Assets
$5,500,202
Liabilities
$683,140

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • TAMARA RICE (PRESIDENT)
  • KATHERINE BLASS ASARO (VICE PRESIDENT)
  • TAMMY LEMOINE (PAST PRESIDENT)
  • MADELINE BLOBE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MADELINE BLOBE (EXECUTIVE DIRECTOR): $77,800 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As a champion for local public education, the Chapel Hill-Carrboro Public School Foundation provides additional funding to support teachers and students through grants, scholarships, and awards. Meet the Leaders Guiding our Mission and Vision Board of Directorsslice2026-05-22T12:18:34-04:00 At the core of the Chapel Hill-Carrboro Public School Foundation’s work is our dedicated Board of Directors. Their vision, expertise, and deep commitment to public education guide every initiative, ensuring that every program, grant, and project reflects our mission to support teachers, students, and schools. Their leadership amplifies the impact of every gift and strengthens our entire community.

What it reported doing in 2024

Grants awarded: 120 grants totaling $732,860 - $241k achievers fund grants - $187k classroom student enrichment grants - $303k professional development impact grants - $2k international travel grantsteacher support: $142,843 - $66k teacher supplies - $8k conference presenter grants to 7 teachers - $18k national board fee reimbursements to 40 teachers/nurses - $8k novice teacher grants to 31 brand new teachers - $21k endowed awards to 17 teachers - $22k annual staff awards and other staff appreciationstudent support: - college scholarships of $114k for 44 high school seniors - blue ribbon mentor advocate financial support for over 70+ students - enrichment scholarships including summer camp for 227 students - emergency housing assistance for 26 families and 84 individuals - books over break program served over 2200 students - summer story time events served 22 neighborhoods - distributed over 13,000 books to support summer literacy other - funded standard aligned curriculum development work and equipment - increased funding for ta to teach - new endowments: zeman, brogden, wilson - hosted a successful donor breakfast - successful 5k for ed and love & roses eventstotal programming of $1 million benefitting every school, every teacher, every student. In additional $558k in passthrough funding to chccs.

Operating model

Revenue model
Donor-supported. 85% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.
  • 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. Some filed totals do not add up and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.6%; rating input score 72
  • Program expense ratio: 89.4%; rating input score 89
  • Fundraising efficiency: $33.09 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th 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: 26%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 4.28; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 6%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: 7.9% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 10.1% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 12.3% per year; rating input score 100; 66th percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 71.6% of revenue deployed · 89.4% of spending went to programs
  • Governance: 20 of 20 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.2M in reported program spending
  • Leadership: top reported pay $78K · 23 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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 — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
  • Review — Sustainability: Officer compensation ratio scored 50/100.