Time for Change
Nonprofit profile at a glance
- EIN
- 301232999
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2020
- Location
- Kings Mountain, NC, USA
- Phone
- 7046857734
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $63,950
- Expenses
- $64,193
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Tyrone Cannedy (President/CEO)
- Rocky Lutz (Vice President)
People named in this filing
- Tyrone Cannedy (President/CEO)
- Bernadette Byars (Treasurer)
- Zeke Cannedy (Secretary)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Youth Enrichment and Community Programs
What it reported doing in 2025
Summer/Afterschool Program - 35 Participants Teen Summit 43 Participants
Operating model
- Revenue model
- Donor-supported. 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 27
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.8%; rating input score 92
- Program expense ratio: 91.5%; rating input score 91
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0.4%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd 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: 31.1% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 40% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: Limited
Details
- Where the money goes: 91.8% of revenue deployed · 91.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $59K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2020 to 2025
- 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.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.