Richmond County Partnership for Children Inc

Nonprofit profile at a glance

EIN
311575604
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Rockingham, NC, USA
Phone
9109973773
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$687,707
Expenses
$705,534
Assets
$26,506
Liabilities
$8,619

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

Leadership & pay

14 people listed

Executive titles in this filing

  • Dr Katrina Chance (Executive Director)

Highest reported compensation

  • Dr Katrina Chance (Executive Director): $122,683 total reported compensation

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

Overview

Mission

Richmond County Partnership for Children advances a high-quality, accountable system of care and early education for each child beginning with a healthy birth, and supports families to improve early childhood health and development to ensure children are prepared for success in school and a global community

What it reported doing in 2024

5506 - Capacity Building Project: Primary Prevention activities are directed at the general population to stop maltreatment before it occurs. All community members have access to and may benefit from these services. Primary prevention activities may raise the awareness of the general public, service providers, and decision-makers about child maltreatment. Universal approaches to primary prevention might include: * Parent education programs and support groups that focus on child development, age-appropriate expectations, and positive discipline * Family support and strengthening programs that enhance the parents' ability to access existing services and support positive interactions among family members Secondary Prevention activities are offered to populations that have one or more risk factors associated with child maltreatment. While not predictive, risk factors identify common features of families, parents/caregivers, children and their environment where abuse or neglect most often occurs. Secondary prevention programs may target services for individuals, neighborhoods, or communities that have a high incidence of these risk factors. Secondary prevention programs might include: * Parent education programs located in high schools for teen parents or those within substance abuse treatment programs for families with young children * Home visiting programs that provide support and assistance to expecting and new mothers in their homes

Operating model

Revenue model
Grant-funded. 96% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% for grants.

The verdict

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

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 86
  • Accountability: 81
  • Sustainability: 19
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.6%; rating input score 82
  • Program expense ratio: 79.6%; rating input score 80
  • Fundraising efficiency: $70.2 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 92.9%; rating input score 93; 40th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 84.6%; rating input score 85; 20th 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: -2.6%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 17.4%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: -1.6% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -0.5% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 15.5% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 81.6% of revenue deployed · 79.6% of spending went to programs
  • Governance: 11 of 13 board members independent · 6 of 8 filing controls reported
  • Programs: 8 filed program accomplishments · $561K in reported program spending
  • Leadership: top reported pay $123K · 14 people listed
  • Consistency: 39 of 41 current checks pass · 2 findings to review
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.