Franklin Granville Vance Smart Start Inc

What it reported doing in 2024

Family support - the adolescent parenting program provides direct case management services to teen parents and their children ages 0-5. Teen participants receive support in their efforts towards receiving a high school diploma and avoiding a second pregnancy. They also receive parenting education and childcare referral assistance. In fy 24/25, 100% of the program participants had no report of repeat pregnancy during the year, 100% of expected seniors graduated with 100% of them enrolling in post-secondary education programs. The other graduates are enrolled in vocational training, employed at a livable wage, and living in safe and stable housing. The cradle to class/parents as teachers program provides parenting support and instructions to families with children from birth to age five. Project activities include home visits to help parents understand their children's development and to encourage learning; group meetings; hearing, vision and general development screenings; and a referral network to link families with commuity services. There were 23 families with a total of 29 children enrolled in the program. The supporting fatherhood involvement/parents as partners program is a 16- week, evidence-based series designed to help fathers and co-parents strengthen their relationships, improve communication, and build nurturing, stable environments for their children. Sessions are 2.5 hours and led by trained facilitators who guide open discussions, skill-building activities, and reflecticve exercises that promote teamwork, accountability, and emotional connection between parents. The dolly parton imagination library provides age appropriate books to children ages 0-5. Our agency raises private donations to meet the matching fund requirement that allows franklin, granville, and vance counties to participate in the program. As of the end of fy 24/25, a total of 3,511 families are enrolled in the dolly parton imagination library. The service promotion and outreach activity supports ongoing community awareness of services through brochures, newsletters, news stories, radio, web-based info, and participation in community events. The program has also set up family resource centers in franklin, granville, and vance counties to increase opportunities to reach underserved families. Nc pre-k - the nc pre-k program funds child care slots for four-year-old children at-risk for school failure. The eligibility criteria and service priority for children to receive service is stipulated by the nc state legislature. During the 2024-2025 school year, this program served over 161 children at 11 sites in franklin county and provided additional support for 20 children in granville and vance counties. Program coordination and evaluation - the program coordination/evaluation activity promotes the benefits of early childhood programs and services and family involvement, as well as activities to inform families of available services and resources, and may seek to increase access to services. These services are provided in collaboration with other agencies, child care providers, ccr&r, the business community, as well as other partnership staff and programs to educate parents with young children.

Financial Efficiency

• Mission deployment rate: 89.2%; rating input score 89
• Program expense ratio: 88.6%; rating input score 89
• 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; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 46.2%; rating input score 46; 8th percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -0.7%; rating input score 30; 30th percentile among comparable filings
• Total-asset coverage ratio: 0.11; rating input score 3; 3rd percentile among comparable filings
• Liabilities to assets ratio: 0.71; rating input score 13; 13th percentile among comparable filings
• Officer compensation ratio: 3.5%; rating input score 65; 65th percentile among comparable filings

Growth

• Program expense growth: 2.4% per year; rating input score 100; 24th percentile among comparable filings
• Revenue growth: 2.2% per year; rating input score 100; 22nd percentile among comparable filings
• Asset growth: 8.2% per year; rating input score 100; 51st percentile among comparable filings