CRAVEN COUNTY PARTNERS IN EDUCATIO… - Form 990 Financial Data

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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

1982

Legal Domicile

Principal Officer

SUZANNE GIFFORD

Phone

2525146321

Tax Period

2024-07-01 to 2025-06-30

CRAVEN COUNTY PARTNERS IN EDUCATION INC, founded in 1982, is a small nonprofit in the Education sector that reported $238K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

TO ENHANCE THE QUALITY OF EDUCATION FOR ALL BY ENCOURAGING COMMUNITY SUPPORT FOR PROGRAMS AND EXCELLENCE. AS A TRUE PARTNERSHIP, PARTNERS IN EDUCATION WORKS INDEPENDENTLY OF, BUT IS ALIGNED WITH, THE CRAVEN COUNTY, NORTH CAROLINA SCHOOL SYSTEM AND ITS GOALS.

Program Service Accomplishments

Program 1

Expenses: $221,391

PROVIDE ADDITIONAL EDUCATIONAL RESOURCES TO ADMINISTRATORS AND TEACHERS. GRANTS WERE AWARDED TO EDUCATORS THROUGHOUT THE CRAVEN COUNTY, NORTH CAROLINA SCHOOL SYSTEM. THE GRANTS WERE AWARDED TO...

PROVIDE ADDITIONAL EDUCATIONAL RESOURCES TO ADMINISTRATORS AND TEACHERS. GRANTS WERE AWARDED TO EDUCATORS THROUGHOUT THE CRAVEN COUNTY, NORTH CAROLINA SCHOOL SYSTEM. THE GRANTS WERE AWARDED TO SUPPLEMENT BASE FUNDING FOR VARIOUS EDUCATIONAL NEEDS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $232,359

Program Service Revenue $0

Investment Income $5,409

Other Revenue $0

TOTAL REVENUE $237,768

Expense Breakdown

Grants Paid $167,852

Salaries & Benefits $2,665

Fundraising Expenses $8,076

Program Expenses $221,391

Other Expenses $66,445

TOTAL EXPENSES $236,962

Year-over-Year Comparison

	2024	2023	Change
Revenue	$237,768	$261,780	-0.1%
Expenses	$236,962	$255,033	-0.1%
Net Income	$806	$6,747	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUZANNE GIFFORD	EXECUTIVE DIRECTOR	40.00	Director	$0	$0	$0
DAVID BAXTER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MCCOY	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA HURST	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
LIZ CRAFTON	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
LORI SANFORD SUGG	DIRECTOR	1.00	Director	$0	$0	$0
LAURA WILSON	DIRECTOR	1.00	Director	$0	$0	$0
BRANDY POPP	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LAWRENCE JACOB CUBA	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH GARNER	DIRECTOR	1.00	Director	$0	$0	$0
JOHNICIA SIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID DYSINGER	DIRECTOR	1.00	Director	$0	$0	$0
BEATRICE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL RHYNE	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE ASHENFELDER	DIRECTOR	1.00	Director	$0	$0	$0
DON BRINKLEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
KATY CHADWICK	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CANDICE STRICKLAND	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA WHITE	DIRECTOR	1.00	Director	$0	$0	$0
MONTRELL LEE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE SWAIN	DIRECTOR	1.00	Director	$0	$0	$0
DAN ROBERTS	DIRECTOR	1.00	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
2025	$237,768	$236,962	$164,087	$806
2024	$261,780	$255,033	$157,671	$6,747
2023	$232,472	$237,490	$153,609	$-5,018
2022	$235,804	$244,103	$153,379	$-8,299
2021	$229,047	$226,804	$165,880	$2,243
2020	$227,833	$214,058	$144,480	$13,775
2019	$241,738	$229,571	$149,383	$12,167
2018	$194,074	$209,007	$128,129	$-14,933

CRAVEN COUNTY PARTNERS IN EDUCATION INC