North Carolina Education Corps

Nonprofit profile at a glance

EIN
862714571
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Raleigh, NC, USA
Phone
7045621995
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$6,822,291
Expenses
$6,524,284
Assets
$3,242,635
Liabilities
$1,222,164

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

Leadership & pay

14 people listed

Executive titles in this filing

  • JOHN-PAUL SMITH (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOHN-PAUL SMITH (EXECUTIVE DIRECTOR): $222,768 total reported compensation
  • JACQUELINE CHIRAS (DIRECTOR OF FINANCE & OPER): $175,121 total reported compensation
  • SHANITAH YOUNG (DIRECTOR OF LEARNING): $137,615 total reported compensation

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

Overview

Mission

North Carolina education corps is a nonprofit entity organized to accelerate student learning and strengthen communities by equipping adults to improve literacy outcomes of low-performing k-5 students.since 2021, the organization has focused on partnering with schools to create, develop, and implement high-impact tutoring programs to improve student achievement and attainment that benefits all students, especially students in need of additional support to master foundational reading skills.since inception, education corps has helped over 250 title 1 elementary schools in rural, suburban, and urban areas find, train, coach, and support high-dosage tutors (i.e., "corps members") who work with k-5 students in-person, at school, during the school day to improve student literacy outcomes in alignment with the science of reading and the multi-tiered system of supports framework.

What it reported doing in 2024

Implement: ncec provided school partners with high-impact tutoring program guidance and implementation support in alignment with national best practices, state standards, school priorities, scheduling, tutor management, progress monitoring, and program evaluation needs. This included supporting schools to make sure corps members provided targeted tutoring interventions to low-performing students in person, at school, three times per week, 30 minutes per session, in groups of 1-4 students per tutor, throughout the '24-'25 school year.

Operating model

Revenue model
Grant-funded. 91% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.9%; rating input score 86
  • Program expense ratio: 89.7%; rating input score 90
  • Fundraising efficiency: $4,766.91 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.4%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 14.2%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 47.3% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 42.2% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 47% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 85.9% of revenue deployed · 89.7% of spending went to programs
  • Governance: 8 of 8 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $5.8M in reported program spending
  • Leadership: top reported pay $223K · 14 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $220K reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • 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 — Sustainability: Total-asset coverage ratio scored 17/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.