Raise a Child Carolinas

Nonprofit profile at a glance

EIN
822096738
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-N 2019
Location
Charlotte, NC, USA
Phone
9842126283
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Student Services, Organizations of Students

Official website

Reported finances

Revenue
$97,017
Expenses
$91,319
Assets
$7,989
Liabilities
$5,945

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Shaguana Hunt (Chief Executive Officer)

Highest reported compensation

  • Shaguana Hunt (Chief Executive Officer): $23,696 total reported compensation

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

Overview

Mission

Raise a Child Carolinas' mission is to empower youth through hands-on STEAM learning in afterschool and seasonal camps that ignite curiosity, build confidence, and introduce real-world careers they can imagine themselves in.

What it reported doing in 2024

Raise A Child Carolinas' Afterschool Program provides engaging out-of-school learning experiences for youth in grades K-5th that extend learning beyond the traditional classroom. Programming combines STEM, social-emotional learning, health and wellness, career exposure, homework help, and hands-on enrichment to introduce students to new concepts, interests, and possibilities while supporting their overall development. Depending on the program model, participation may be tuition-based or offered at reduced or no cost through charitable support, scholarships, and partner collaboration. Meals and snacks are also provided during eligible programming to help support children throughout the program day. During FY2024-25, approximately 175 student enrollments participated in afterschool programming. Ninety-five percent of participants learned about or experienced concepts and activities that were new to them. Approximately 98% of participants completed their programs, and parent evaluations reflected overwhelmingly excellent ratings for the quality and uniqueness of the program experiences.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 34
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55.4%; rating input score 55
  • Program expense ratio: 58.6%; rating input score 59
  • Fundraising efficiency: $9.76 raised per $1 spent on fundraising; rating input score 52; 52nd 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5.9%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.74; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 25.9%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: -68.4% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -22.9% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: -71.7% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 55.4% of revenue deployed · 58.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $54K in reported program spending
  • Leadership: top reported pay $24K · 5 people listed
  • Consistency: 40 of 40 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 52/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.