Smart Start Rowan Inc
Nonprofit profile at a glance
- EIN
- 561890324
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Salisbury, NC, USA
- Phone
- 7046309085
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $3,449,756
- Expenses
- $3,456,621
- Assets
- $286,815
- Liabilities
- $7,617
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- AMY BROWN (EXECUTIVE DIRECTOR)
Highest reported compensation
- AMY BROWN (EXECUTIVE DIRECTOR): $105,823 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
In collaboration with our community partners, we plan, fund and implement quality early childhood deucation, health, and family support initiatives.
What it reported doing in 2024
Child care & education quality goal 2: maintain and further improve the quality of child care in rowan county.objective 1: ninety percent (90%) of child care professionals participating in a training and technical assistance program sponsored by smart start rowan will indicate that the services provided by that activity increased their knowledge of effective strategies and assisted them in making positive changes in their classrooms.objective 2: of the child care facilities that receive on-site technical assistance to increase star ratings, the average star rating after technical assistance began versus before it began will either be maintained or improves, based on a dcdee assessment conducted during the fiscal year.objective 3: of child care providers surveyed making use of the early learning resource center, most will indicate that the center has provided resources that enhance the quality of care in their classroom, as well as knowledge about smart start funded programs. Of families surveyed making use of the early learning resource center, most will report an increase in knowledge of developmentally appropriate activities to do with their child, as well as knowledge about smart start funded programs.stats:- 58 child care facilities/family child care homes received technical assistance- 146 technical assistance opportunities were provided to early childhood professionals- 55 training/workshops were offered to early childhood professionals- 24 child care staff from 14 facilities/family child care homes utilized our in-house early learning resource center
Operating model
- Revenue model
- Grant-funded. 98% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 77% of its reported program spending out as 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: 79
- Transparency & Controls: 89
- Accountability: 100
- Sustainability: 33
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.1%; rating input score 89
- Program expense ratio: 88.9%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 10th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.4%; rating input score 99; 38th 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: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.2%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 3.1%; rating input score 68; 68th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: -1.7% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 89.1% of revenue deployed · 88.9% of spending went to programs
- Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
- Programs: 5 filed program accomplishments · $3.1M in reported program spending
- Leadership: top reported pay $106K · 17 people listed
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 14 filed related-organization links
- 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.
- Moderate — Sustainability: Operating margin scored 32/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.