Pta Highcroft Drive Elementary North Carolina Congress
Nonprofit profile at a glance
- EIN
- 260087228
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Cary, NC, USA
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $52,056
- Expenses
- $49,414
- Assets
- $36,023
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Sarah Fournier (President)
- Jared Hocutt (Vice President)
People named in this filing
- Sarah Fournier (President)
- Amanda Barefoot (Treasurer)
- Jared Hocutt (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization was formed to support the educational success and well-being of students by strengthening partnerships among families educators and the school community. The PTA promotes student enrichment family engagement advocacy and programs that enhance the school environment and support child welfare.
What it reported doing in 2024
The organization supported students families and staff at the school through a variety of enrichment engagement and community-building programs aligned with its exempt purpose of enhancing the educational experience and promoting student well-being. Key programs included student enrichment activities such as after-school clubs and in-school programs that provided opportunities for learning creativity and leadership development. The organization also supported literacy and academic growth through initiatives such as the school book fair with proceeds used to enhance library resources and expand access to reading materials for students. Family and community engagement programs included school-wide events such as seasonal festivals carnivals movie nights and restaurant spirit nights which provided opportunities for families to connect with the school community while generating funding to support PTA programs. Additional activities included spirit wear sales and school-based fundraising efforts that promoted school spirit and contributed to funding classroom support teacher grants and student-focused initiatives. The organization also provided staff appreciation and support activities to recognize and encourage school staff. Across these programs the organization served the entire student body and school community supporting approximately 680 students and their families. Outcomes included increased family engagement enhanced student enrichment opportunities improved school resources and financial support for classroom and school-wide initiatives.
Operating model
- Revenue model
- Other-operating. 61% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 80% for direct work, and 20% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 44
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.1%; rating input score 95
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 5.1%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 0.73; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 95.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $50K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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 — Sustainability: Operating margin scored 55/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.