PTA North Carolina Congress Sharon Elementary

EIN: 561783660 501(c)(3) Education

Charlotte, NC

Total Revenue
$188,587
Total Expenses
$142,526
Total Assets
$101,918
Net Assets
$101,918
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
NC
Principal Officer
Robin Williams
Phone
9803436725
Tax Period
2019-07-01 to 2020-06-30

PTA North Carolina Congress Sharon Elementary, founded in 1992, is a small nonprofit in the Education sector that reported $189K in total revenue in fiscal year 2019. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $46K, a strong 24% operating margin.

Mission

Support of elementary school education.

Program Service Accomplishments

Program 1
Expenses: $133,163

To promote the welfare of children & youth in home, school, community, and place of worhip; To raise the standards of home life; To secure adequate laws for the care and protection of children and...

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To promote the welfare of children & youth in home, school, community, and place of worhip; To raise the standards of home life; To secure adequate laws for the care and protection of children and youth; To bring into closer relation the home and the school, that parents and teachers may cooperate intelligently in the education of children and youth; 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.Enrichment Purposes - Computer equipment, science and physical education equipment, educational books and software. Benefits all students.Teacher Grants - Money given to all classroom and special area teachers to supply their classrooms and to provide tuition reimbursement. Benefits all students.Student Support - Communications to parents, special programs, special events, field trips and staff appreciation. Benefits all students.Multiple Intelligence Programs - Underwrite the cost of 3 separate productions highlighting various units of study and using students as participants. Purchase of music and musical instruments for the school choir.Training - Special training programs for classroom teachers and staff. Benefits all students.

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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 (2019)

Revenue Breakdown

Contributions & Grants $122,725
Program Service Revenue $0
Investment Income $0
Other Revenue $65,862
TOTAL REVENUE $188,587

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,676
Program Expenses $133,163
Other Expenses $142,526
TOTAL EXPENSES $142,526

Year-over-Year Comparison

2019 2018 Change
Revenue $188,587 $174,058 +0.1%
Expenses $142,526 $168,052 -0.2%
Net Income $46,061 $6,006 +6.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kris Humphreys Past President 2.00
Officer Director
$0 $0 $0
Beca Flamfoth Asst. Treasurer 3.00
Director
$0 $0 $0
Stephanie Gardner Secretary 1.00
Director
$0 $0 $0
Ellen Yingling Treasurer 5.00
Officer Director
$0 $0 $0
Mary Hamid President 10.00
Officer Director
$0 $0 $0
Melissa Coates VP Communicatio 1.00
Director
$0 $0 $0
Michelle McNeer VP Fund Develop 1.00
Director
$0 $0 $0
Brooke Meyer VP Events 1.00
Director
$0 $0 $0
Kristin Hennessy President Elect 3.00
Director
$0 $0 $0
Brittany Cordeiro VP Stud Enrich 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
2020 $188,587 $142,526 $101,918 $46,061
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