PTA NORTH CAROLINA CONGRESS

EIN: 550870061 501(c)(3)

Cary, NC

Total Revenue
$54,386
Total Expenses
$38,049
Total Assets
$58,981
Net Assets
$58,981
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NC
Principal Officer
Maggie Demicco
Phone
9193631391
Tax Period
2020-07-01 to 2021-06-30

PTA NORTH CAROLINA CONGRESS, founded in 2004, is a micro nonprofit that reported $54K in total revenue in fiscal year 2020. The organization ran a surplus of $16K, a strong 30% operating margin.

Mission

The purposes of this local PTA in common with those of National PTA and NCPTA are: a. To promote the welfare of children and youth in home, school, community, and place of worship; b. To raise the standards of home life; c. To secure adequate laws for the care and protection of children and youth; d. To bring into closer relation the home and the school, that parents and teachers may cooperate intelligently in the education of children and youth; e. To develop between educators and the general public such united efforts as will secure for all children and youth the highest advantages in physical, mental, social, and spiritual education.

Program Service Accomplishments

Program 1
Expenses: $18,597 Revenue: $0

Our most significant program service expense was that we helped purchase 15 smart TVs and educational software for use in the classrooms to meet emerging technology needs under COVID-19.

Program 2
Expenses: $5,633 Revenue: $0

Our second most significant program service expense was grants to meet school needs. We provided $100 grants that teachers could apply to in order to supplement expenses in the classroom. The...

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Our second most significant program service expense was grants to meet school needs. We provided $100 grants that teachers could apply to in order to supplement expenses in the classroom. The teachers had to submit receipts for educational expenses, which we then reimbursed up to $100. We also paid grants to to the media center to support readathon expenses as well as the art, music, and Spanish program to support educational expenses and supplies.

Program 3
Expenses: $628 Revenue: $0

Another significant expense was dues that we paid for members. A portion of local dues are paid to the state and national PTA organizations.

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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 (2020)

Revenue Breakdown

Contributions & Grants $54,342
Program Service Revenue $0
Investment Income $44
Other Revenue $0
TOTAL REVENUE $54,386

Expense Breakdown

Grants Paid $24,230
Salaries & Benefits $0
Fundraising Expenses $6,320
Program Expenses $31,176
Other Expenses $13,191
TOTAL EXPENSES $38,049

Year-over-Year Comparison

2020 2019 Change
Revenue $54,386 N/A N/A
Expenses $38,049 N/A N/A
Net Income $16,337 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
157
Independent Members
157
Employees
N/A
Volunteers
100

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Pallavi Paranjape President 10
Officer
$0 $0 $0
Lauren Brill Secretary 1
Officer
$0 $0 $0
Julie Hockett Vice President of Ways & Means 10
Officer
$0 $0 $0
Maggie Demicco Vice President of Programs 10
Officer
$0 $0 $0
Stephanie Teixeira-Poit Vice President of Volunteers 2
Officer
$0 $0 $0
Lisa Mead Vice President of Communication 2
Officer
$0 $0 $0
Amy Brooks Treasurer 10
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
2021 $54,386 $38,049 $58,981 $16,337
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