Salisbury-rowan Community Action Agency

Nonprofit profile at a glance

EIN
560840196
IRS 990 coverage
2011–2021
Forms available
Form 990 2021
Location
Salisbury, NC, USA
Phone
7046336633
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$6,144,029
Expenses
$6,035,921
Assets
$1,643,803
Liabilities
$749,056

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • DIONE ADKINS-TATE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DIONE ADKINS-TATE (EXECUTIVE DIRECTOR): $123,967 total reported compensation
  • TANYA BRANCH (FINANCE DIRECTOR): $40,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Salisbury-rowan community action agency is committed to providing education, child care, and other services to the underprivileged residents of salisbury, North Carolina and two surrounding counties.

What it reported doing in 2021

Head start - the salisbury-rowan community action agency's (srcaa) head start program promotes the school readiness of children ages birth to 5 from low-income families by enhancing their cognitive, social and emotional development. Srcaa operates twenty-one (21) early childhood centers in five North Carolina counties: rowan, davidson, montgomery, moore, and stanly. Approximately 1,098 children are served by srcaa's head start program every year. Srcaa also provides early head start, which serves infants, toddlers, pregnant women and their families who have incomes below the federal poverty level. Head start provides a learning environment that supports children's growth and development in the following areas:-language and literacy-cognition and general knowledge-physical development and health-social and emotional development-approaches to learninghead start provides comprehensive services to enrolled children and their families, which include health, nutrition, social services and other services determined to be necessary by family needs assessments, in addition to education and cognitive development services. Head start services are designed to be responsive to each child and family's ethnic, cultural and linguistic heritage. Head start emphasizes the role of parents as their child's first and most important teacher.srcaa's family development specialists provide services and support to over 800 parents annually. The services and programs are designed to build relationships with families that support:-family well-being and positive parent-child relationships-families as learners and lifelong educators-families as advocates and leaders

Operating model

Revenue model
Grant-funded. 99% of the money available for current operations came from government grants.
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

STRONG - 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: 78
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 27
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.7%; rating input score 87
  • Program expense ratio: 88.2%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 1.8%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.46; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 2.7%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: -9.4% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -6.3% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -5.5% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 86.7% of revenue deployed · 88.2% of spending went to programs
  • Governance: 10 of 10 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $5.3M in reported program spending
  • Leadership: top reported pay $124K · 12 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 11 filing years from 2011 to 2021
  • Contacts: How to reach this organization
  • Money network: 2 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • 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 7/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.