Lenoir-greene County Partnership for Children
Nonprofit profile at a glance
- EIN
- 561898462
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Kinston, NC, USA
- Phone
- 2529391200
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $3,332,283
- Expenses
- $3,340,323
- Assets
- $189,116
- Liabilities
- $26,305
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- Edward Chisolm (Executive Director)
Highest reported compensation
- Edward Chisolm (Executive Director): $105,940 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Developing today's children to become tomorrow's leaders.
What it reported doing in 2024
North Carolina Pre-Kindergarten (NC Pre-K) - The purpose of this program is to provide a quality educational experience to prepare children for success in kindergarten. The program standards are built on the belief that to be successful in school, children need to be prepared in five areas: health and physical development, social and emotional development, approaches toward learning, language development and communication, and cognition and general knowledge. The NC Pre-K Program seeks to prepare children in each of these areas by utilizing teachers who are specially trained to teach four-year-olds. The teachers use developmentally appropriate toys and activities, as well as curriculum designed for kindergarten readiness. Families must apply and be determined eligible based on guidelines provided by the state. 260 children were served.
Operating model
- Revenue model
- Grant-funded. 99% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 83% 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. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 94
- Accountability: 66
- Sustainability: 30
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.7%; rating input score 95
- Program expense ratio: 94.5%; rating input score 94
- Fundraising efficiency: $16,676.65 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings
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: 99.6%; rating input score 100; 39th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 69.2%; rating input score 69; 11th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.2%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 3.2%; rating input score 68; 68th percentile among comparable filings
Growth
- Program expense growth: 0.7% per year; rating input score 100; 16th percentile among comparable filings
- Revenue growth: -0.7% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -7.1% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 94.7% of revenue deployed · 94.5% of spending went to programs
- Governance: 9 of 13 board members independent · 5 of 8 filing controls reported
- Programs: 13 filed program accomplishments · $3.2M in reported program spending
- Leadership: top reported pay $106K · 16 people listed
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 4 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 32/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.