NORTH CAROLINA EARLY CHILDHOOD FOUNDATION INC

EIN: 453971534 501(c)(3) Education

RALEIGH, NC

Total Revenue
$1,888,941
Total Expenses
$935,144
Total Assets
$1,974,929
Net Assets
$1,891,099
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NC
Principal Officer
MARIAN F EARLS
Phone
9198953290
Tax Period
2024-01-01 to 2024-12-31

NORTH CAROLINA EARLY CHILDHOOD FOUNDATION INC, founded in 2011, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $954K, a strong 50% operating margin.

Mission

TO MARSHAL NORTH CAROLINA'S GREAT PEOPLE, IDEAS, AND ACHIEVEMENTS TO ENSURE EQUITABLEACCESS TO OPPORTUNITY AND SUCCESS FOR EVERY CHILD.

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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 $1,835,409
Program Service Revenue $53,450
Investment Income $30
Other Revenue $52
TOTAL REVENUE $1,888,941

Expense Breakdown

Grants Paid $78,013
Salaries & Benefits $465,044
Fundraising Expenses $16,601
Program Expenses $692,206
Other Expenses $392,087
TOTAL EXPENSES $935,144

Year-over-Year Comparison

2024 2023 Change
Revenue $1,888,941 $1,029,196 +0.8%
Expenses $935,144 $918,524 +0.0%
Net Income $953,797 $110,672 +7.6%
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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Governance

Voting Members
14
Independent Members
14
Employees
7
Volunteers
14

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
5
$91,186
Total Directors
15
$91,317
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLI OVIES SECRETARY 0.30
Officer Director
$0 $104 $104
LATONYA HARRISON TREASURER 0.30
Officer Director
$0 $0 $0
DEVONYA GOVAN-HUNT VICE-CHAIR 0.20
Officer Director
$0 $0 $0
MARIAN EARLS CHAIR 0.40
Officer Director
$0 $0 $0
THERESA STACKER EXECUTIVE DIRECTOR 40.00
Officer Director
$82,267 $8,627 $91,082
VIRGINIA ADAMS DIRECTOR 0.20
Director
$0 $0 $0
SHELLEY WHITE DIRECTOR 0.30
Director
$0 $0 $0
CECELIA THOMPSON DIRECTOR 0.10
Director
$0 $0 $0
NINA SMITH DIRECTOR 0.20
Director
$0 $0 $0
RASHIDAH LOPEZ-MORGAN DIRECTOR 0.10
Director
$0 $0 $0
PAUL LANIER DIRECTOR 0.20
Director
$0 $0 $0
TIFFANI JONES DIRECTOR 0.10
Director
$0 $0 $0
NATION HAHN DIRECTOR 0.10
Director
$0 $0 $0
CHRISTOPHER CHUNG DIRECTOR 0.20
Director
$0 $131 $131
DR MARGARET ANNUNZIATA DIRECTOR 0.20
Director
$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
2024 $1,888,941 $935,144 $1,974,929 $953,797
2023 $1,029,196 $918,524 $975,617 $110,672
2022 $531,069 $817,856 $853,480 $-286,787
2021 $1,390,685 $718,911 $1,148,657 $671,774
2020 $527,837 $924,226 $561,752 $-396,389
2019 $820,690 $1,073,227 $894,378 $-252,537
2018 $1,351,142 $844,310 $1,165,881 $506,832
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