Montgomery County Partnership for Children Inc

Nonprofit profile at a glance

EIN
582185898
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Troy, NC, USA
Phone
9105762363
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Reported finances

Revenue
$528,262
Expenses
$539,491
Assets
$400,936
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • DEBORAH MUSIKA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DEBORAH MUSIKA (EXECUTIVE DIRECTOR): $104,239 total reported compensation

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

Overview

Mission

To develop and implement strategies that will improve the education, health, and well-being of young children and their families in montgomery county, North Carolina.

What it reported doing in 2024

Child care and education quality included child care resource and referral, child care central/resource lending library, and educational incentive supplements programs.child care resource and referral (ccr&r) is an activity aligned with the North Carolina ccr&r system and will participate with, and report data to, the designated ccr&r region. Services that are provided using smart start dollars in this activtiy include: (1) training for child care providers: training for dcdee credit hours provided on child care related topics and coordination of ceu opportunities. (2) consumer education: information and/or education to familes about quality child care. (3) kindergarten transition: staff participation and coordination of local school-readiness efforts.smart start funds may be used to cover expenses for provider trainings, directors'/stakeholders meetings, and/or consumer education related events (e.g., annual maternity fair, community festivals, etc.) non-cash grants and/or incentives of classroom equipment/materials/supplies, health and safety supplies, early literacy materials, school-readiness supplies, and/or professionalism enhancements and supports, may be included in this activity for facilities, classroooms, child care teachers / administrators, and/or children/families.this activity will also include child care central resource lending library, which will offer a variety of materials to support early care and education providers, parents/caregivers, (and/or other individuals/programs working with, and on behalf of, young children and families) with young childrens learning and development. The lending library will provide access to child development resources and materials such as, but not limited to, books, manipulatives, refernce materials, curriculum kits, etc. Items for check out will be available to lending library patrons, (e.g., educators, familes with children ages birth to five years, college students, early interventionists, and others.). Guidance on the appropriate use of materials may be provided. The lending library will also serve as a resource room with access to die cuts and related supplies (e.g., bulletin board and construction paper, static cling vinyl, etc. For purchase), laminating machines, sticker makers, comb binders, and photocopying (for a fee.)fy 24-25 accomplishments/statistical data:1) number of direct teaching staff who attend non-credit based training or workshops - 892) number of school readiness backpacks distributed - 1233) numbers of adults using the resource lending library - 884) total number of visits to the lending library - 163 the education incentive supplement (eis) activity provided monetary incentives for child care providers to obtain further education and encourage staff longevity. Montgomery county partnership for children will administer the activity and pay incentives to teachers and administrators in licensed child care settings who meet specific requirements regarding the satisfactory completion of coursework at an accredited college or university and length of employment. Information about the eis program and related professional development opportunities will be conveyed through information packets, group meetings, and/or individual counseling sessions. Professional development assistance will be availble to any child care provider or administrator even if they are ineligible for eis payments. Assistance may also be provided to administrators in developing business strategies that improve the education, compensation, and retention of their employees. In addition to the incentive awards, funds may be used to recognize recipients, to promote the activity, and/or to cover any supplies and materials needed to carry out the activity.fy 24-25 accomplishments/statistical data:1) 16 direct teaching staff received a professional development supplement.2) 9 child care facilities employed at least one direct teaching staff who received a professional development supplement.

Operating model

Revenue model
Grant-funded. 95% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 48% for direct work, and 52% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 37
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74%; rating input score 74
  • Program expense ratio: 72.4%; rating input score 72
  • 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; 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: -2.1%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.74; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 19.3%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: -1.3% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -3.5% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -3.3% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 74% of revenue deployed · 72.4% of spending went to programs
  • Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $391K in reported program spending
  • Leadership: top reported pay $104K · 12 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 2 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.