Concord, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Families First in Cabarrus County, founded in 2014, is a small nonprofit in the Human Services sector that reported $809K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring.
To provide parenting and early childhood programs that nurture children, empower parents, and strengthen whole families to flourish by significantly improving school readiness and economic mobility. We start early through home visiting, immersion preschools, and provide adult ESL and GED classes for families struggling with poverty, linguistic isolation, and homes affected addictions.
Operate 3 Family Child Care Networks
Operate two 5-star immersion Preschool Locations, including NC's first and only two Immersion NC Preks classrooms, where all children are prepared for a love of learning and excel in a multicultural...
Operate two 5-star immersion Preschool Locations, including NC's first and only two Immersion NC Preks classrooms, where all children are prepared for a love of learning and excel in a multicultural, bilingual world.
ParentChild+ CORE and Home Base Child Care Model, home-visiting programs addressing a gap in services for 0-5 year-olds, uniquely working with the caregiver/child(ren) twice-weekly, building stronger...
ParentChild+ CORE and Home Base Child Care Model, home-visiting programs addressing a gap in services for 0-5 year-olds, uniquely working with the caregiver/child(ren) twice-weekly, building stronger families with preschool and school readiness skills. This includes organizing 3 networks across Cabarrus and Mecklenburg Counties, to strengthen licensed and informal Family Home Childcares who offer flexible, accessible, and affordable care for families
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $808,930 | $1,054,341 | -0.2% |
| Expenses | $872,711 | $875,215 | 0.0% |
| Net Income | $-63,781 | $179,126 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Rev Spencer Swain | Executive Dir. | 55.00 |
Officer
|
$124,566 | $4,785 | $129,351 |
| Kris Benshoff | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Victoria Welch | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Carolyn Allred | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Mary Jasmine | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| McKenzie Wolford | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tanisha Jones | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $808,930 | $872,711 | $677,514 | $-63,781 |
| 2024 | $1,054,341 | $875,215 | $769,808 | $179,126 |
| 2023 | $749,683 | $710,869 | $608,719 | $38,814 |
| 2022 | $895,932 | $713,587 | $504,908 | $182,345 |
| 2021 | $741,978 | $569,346 | $404,113 | $172,632 |
| 2020 | $572,077 | $624,712 | $208,419 | $-52,635 |
| 2019 | $664,034 | $696,106 | $167,412 | $-32,072 |
Compare Families First in Cabarrus County with other nonprofits in North Carolina and across the country.