CHOWAN PERQUIMANS SMART START PARTNERSHIP

EIN: 311622057 501(c)(3) Education

Edenton, NC

Total Revenue
$457,208
Total Expenses
$450,019
Total Assets
$66,215
Net Assets
$44,886
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NC
Principal Officer
Susan Nixon
Phone
2524823035
Tax Period
2024-07-01 to 2025-06-30

CHOWAN PERQUIMANS SMART START PARTNERSHIP, founded in 1998, is a small nonprofit in the Education sector that reported $457K in total revenue in fiscal year 2024.

Mission

The Mission of the Chowan/Perquimans Smart Start Partnership is to bring people and organizations together to enhance early childhood development and school readiness through advocacy, parent, and child care provider support programs.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $453,392
Program Service Revenue $0
Investment Income $11
Other Revenue $3,805
TOTAL REVENUE $457,208

Expense Breakdown

Grants Paid $103,391
Salaries & Benefits $272,841
Fundraising Expenses $0
Program Expenses $322,380
Other Expenses $73,787
TOTAL EXPENSES $450,019

Year-over-Year Comparison

2024 2023 Change
Revenue $457,208 $463,807 0.0%
Expenses $450,019 $464,441 0.0%
Net Income $7,189 $-634 -12.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
18
Independent Members
19
Employees
5
Volunteers
158

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
15
$0
Key Employees
1
$96,192
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan Nixon Executive Director 40
Key Emp
$69,492 $26,700 $96,192
Tyeshia Phelps Board Member 0.06
Director
$0 $0 $0
Arlene Yates Board Member 0.03
Director
$0 $0 $0
Kanika Griffin Board Member 0.02
Director
$0 $0 $0
Kay Hall Board Member 0.06
Director
$0 $0 $0
Barbara White Board Member 0.02
Director
$0 $0 $0
Howard Williams Board Member 0.06
Director
$0 $0 $0
Michelle Newsome Board Member 0.08
Director
$0 $0 $0
Shavonna Boone Board Member 0.36
Director
$0 $0 $0
Trisha Brickhouse Board Member 0.07
Director
$0 $0 $0
Jared Jacavone Board Member 0.11
Director
$0 $0 $0
Connie Brothers Board Member 0.33
Director
$0 $0 $0
Cabe Speary Board Member 0.39
Director
$0 $0 $0
Christina Reis Board Member 0.18
Director
$0 $0 $0
Dina Hurdle Board Member 0.90
Director
$0 $0 $0
Brandy Goodwin Board Member 0.03
Director
$0 $0 $0
Wanda Stallings Secretary 0.92
Officer
$0 $0 $0
James Spaugh Treasurer 0.15
Officer
$0 $0 $0
Carole Sykes Vice Chair 0.41
Officer
$0 $0 $0
Dee Spruce Chair 0.72
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $457,208 $450,019 $66,215 $7,189
2024 $463,807 $464,441 $55,655 $-634
2023 $504,220 $498,969 $65,738 $5,251
2022 $472,627 $472,460 $64,058 $167
2021 $433,385 $438,289 $46,597 $-4,904
2020 $417,156 $400,956 $49,358 $16,200
2019 $393,722 $411,193 $33,623 $-17,471
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