CHAPEL HILL-CARRBORO PUBLIC SCHOOL FOUNDATION

EIN: 561421977 501(c)(3) Philanthropy & Grantmaking

CARRBORO, NC

Total Revenue
$1,739,418
Total Expenses
$1,286,420
Total Assets
$5,500,202
Net Assets
$4,817,062
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NC
Principal Officer
MADELINE BLOBE
Phone
9196988000
Tax Period
2024-07-01 to 2025-06-30

CHAPEL HILL-CARRBORO PUBLIC SCHOOL FOUNDATION, founded in 1983, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $453K, a strong 26% operating margin.

Mission

OUR MISSION:AS A CHAMPION FOR PUBLIC EDUCATION, THE CHAPEL HILL-CARRBORO PUBLIC SCHOOL FOUNDATION PROVIDES ADDITIONAL FUNDING TO OUR SCHOOLS FOR INNOVATIVE PROGRAMS THAT ADVANCE STUDENT ACHIEVEMENT AND TEACHER DEVELOPMENT.WHAT WE BELIEVE:- EVERY CHILD DESERVES THE BEST POSSIBLE EDUCATION.- EXCELLENT EDUCATORS IGNITE LEARNING.- HIGH QUALITY PUBLIC EDUCATION IS ESSENTIAL TO ACADEMIC SUCCESS AND A VIBRANT COMMUNITY.WHAT WE DO:- CREATE AWARENESS OF THE VALUE AND IMPORTANCE OF QUALITY PUBLIC EDUCATION.- AWARD GRANTS FOR PROMISING INNOVATIVE EDUCATION PRACTICES.- PROVIDE STUDENTS WITH ADDITIONAL ACADEMIC SUPPORT AND GROWTH OPPORTUNITIES CRITICAL TO ACADEMIC SUCCESS.- OFFER EDUCATORS AND STAFF FINANCIAL ASSISTANCE FOR PROFESSIONAL DEVELOPMENT.- PARTNER WITH THE COMMUNITY AND RAISE FINANCIAL SUPPORT FROM INDIVIDUALS, FOUNDATIONS, AND BUSINESSES.- MANAGE FUNDS RESPONSIBLY AND WITH THE HIGHEST ETHICAL STANDARDS.

Program Service Accomplishments

Program 1
Expenses: $1,150,550 Revenue: $15,068

GRANTS AWARDED: 120 GRANTS TOTALING $732,860 - $241K ACHIEVERS FUND GRANTS - $187K CLASSROOM STUDENT ENRICHMENT GRANTS - $303K PROFESSIONAL DEVELOPMENT IMPACT GRANTS - $2K INTERNATIONAL TRAVEL...

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GRANTS AWARDED: 120 GRANTS TOTALING $732,860 - $241K ACHIEVERS FUND GRANTS - $187K CLASSROOM STUDENT ENRICHMENT GRANTS - $303K PROFESSIONAL DEVELOPMENT IMPACT GRANTS - $2K INTERNATIONAL TRAVEL GRANTSTEACHER SUPPORT: $142,843 - $66K TEACHER SUPPLIES - $8K CONFERENCE PRESENTER GRANTS TO 7 TEACHERS - $18K NATIONAL BOARD FEE REIMBURSEMENTS TO 40 TEACHERS/NURSES - $8K NOVICE TEACHER GRANTS TO 31 BRAND NEW TEACHERS - $21K ENDOWED AWARDS TO 17 TEACHERS - $22K ANNUAL STAFF AWARDS AND OTHER STAFF APPRECIATIONSTUDENT SUPPORT: - COLLEGE SCHOLARSHIPS OF $114K FOR 44 HIGH SCHOOL SENIORS - BLUE RIBBON MENTOR ADVOCATE FINANCIAL SUPPORT FOR OVER 70+ STUDENTS - ENRICHMENT SCHOLARSHIPS INCLUDING SUMMER CAMP FOR 227 STUDENTS - EMERGENCY HOUSING ASSISTANCE FOR 26 FAMILIES AND 84 INDIVIDUALS - BOOKS OVER BREAK PROGRAM SERVED OVER 2200 STUDENTS - SUMMER STORY TIME EVENTS SERVED 22 NEIGHBORHOODS - DISTRIBUTED OVER 13,000 BOOKS TO SUPPORT SUMMER LITERACY OTHER - FUNDED STANDARD ALIGNED CURRICULUM DEVELOPMENT WORK AND EQUIPMENT - INCREASED FUNDING FOR TA TO TEACH - NEW ENDOWMENTS: ZEMAN, BROGDEN, WILSON - HOSTED A SUCCESSFUL DONOR BREAKFAST - SUCCESSFUL 5K FOR ED AND LOVE & ROSES EVENTSTOTAL PROGRAMMING OF $1 MILLION BENEFITTING EVERY SCHOOL, EVERY TEACHER, EVERY STUDENT. IN ADDITIONAL $558K IN PASSTHROUGH FUNDING TO CHCCS.

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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 $1,521,279
Program Service Revenue $0
Investment Income $253,915
Other Revenue $-35,776
TOTAL REVENUE $1,739,418

Expense Breakdown

Grants Paid $1,012,710
Salaries & Benefits $218,104
Fundraising Expenses $45,972
Program Expenses $1,150,550
Other Expenses $55,606
TOTAL EXPENSES $1,286,420

Year-over-Year Comparison

2024 2023 Change
Revenue $1,739,418 $1,072,441 +0.6%
Expenses $1,286,420 $769,195 +0.7%
Net Income $452,998 $303,246 +0.5%
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
20
Independent Members
20
Employees
9
Volunteers
175

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
$77,800
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMARA RICE PRESIDENT 2.00
Officer Director
$0 $0 $0
KATHERINE BLASS ASARO VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
CEDRIC BUSH SECRETARY 0.50
Officer Director
$0 $0 $0
GLEN GREENSTREET TREASURER 0.50
Officer Director
$0 $0 $0
TAMMY LEMOINE PAST PRESIDENT 1.00
Director
$0 $0 $0
GEORGE GRIFFIN BOARD OF EDUCATION LIAISON 0.50
Director
$0 $0 $0
SHERENE BITAR BOARD MEMBER 0.50
Director
$0 $0 $0
GEORGES CASIMIR BOARD MEMBER 0.50
Director
$0 $0 $0
NIK GANDHI BOARD MEMBER 0.50
Director
$0 $0 $0
SHELLEY GOLDEN PHD BOARD MEMBER 0.50
Director
$0 $0 $0
HAZEL GIBBS BOARD MEMBER 0.50
Director
$0 $0 $0
LAURA HORRIGAN BOARD MEMBER 0.50
Director
$0 $0 $0
JIM KITCHEN BOARD MEMBER 0.50
Director
$0 $0 $0
BRIAN MACK BOARD MEMBER 0.50
Director
$0 $0 $0
DENNY MARCIN BOARD MEMBER 0.50
Director
$0 $0 $0
MAE MCLENDON BOARD MEMBER 0.50
Director
$0 $0 $0
CASSIE RICE BOARD MEMBER 0.50
Director
$0 $0 $0
MATTHEW ROTHMAN BOARD MEMBER 0.50
Director
$0 $0 $0
SOFIA SCHILO BOARD MEMBER 0.50
Director
$0 $0 $0
KENDALL THOMASON BOARD MEMBER 0.50
Director
$0 $0 $0
ASHLEY WILSON BOARD MEMBER 0.50
Director
$0 $0 $0
STEPHANIE YOST BOARD MEMBER 0.50
Director
$0 $0 $0
MADELINE BLOBE EXECUTIVE DIRECTOR 40.00
Officer
$77,800 $0 $77,800
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 $1,739,418 $1,286,420 $5,500,202 $452,998
2024 $1,072,441 $769,195 $5,119,249 $303,246
2023 $1,378,755 $705,419 $4,460,022 $673,336
2022 $690,793 $505,735 $3,253,653 $185,058
2021 $1,092,738 $955,984 $4,078,348 $136,754
2020 $965,019 $642,567 $4,342,376 $322,452
2019 $785,073 $592,563 $2,731,772 $192,510
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