NORTH CAROLINA PARTNERSHIP FOR CHILDREN INC

EIN: 561850485 501(c)(3) Education

RALEIGH, NC

Total Revenue
$134,009,549
Total Expenses
$133,592,886
Total Assets
$11,662,873
Net Assets
$3,402,172
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NC
Principal Officer
AMY CUBBAGE
Phone
9198217999
Tax Period
2024-07-01 to 2025-06-30

NORTH CAROLINA PARTNERSHIP FOR CHILDREN INC, founded in 1993, is a major nonprofit in the Education sector that reported $134.0M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

ADVANCE A HIGH QUALITY, COMPREHENSIVE, ACCOUNTABLE EARLY CHILDHOOD SYSTEM THAT BENEFITS EACH CHILD IN NORTH CAROLINA BEGINNING WITH A HEALTHY BIRTH.

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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 $133,793,894
Program Service Revenue $186,207
Investment Income $29,448
Other Revenue $0
TOTAL REVENUE $134,009,549

Expense Breakdown

Grants Paid $126,408,450
Salaries & Benefits $4,717,762
Fundraising Expenses $58,886
Program Expenses $130,034,371
Other Expenses $2,466,674
TOTAL EXPENSES $133,592,886

Year-over-Year Comparison

2024 2023 Change
Revenue $134,009,549 $123,946,896 +0.1%
Expenses $133,592,886 $122,917,399 +0.1%
Net Income $416,663 $1,029,497 -0.6%
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

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Governance

Voting Members
25
Independent Members
25
Employees
54
Volunteers
46

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
8
$526,208
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV RENEE B BETHEA DIRECTOR 0.30
Director
$0 $0 $0
MS VICTORIA BROWN DIRECTOR 0.10
Director
$0 $0 $0
MS YVONNE COPELAND DIRECTOR 0.10
Director
$0 $0 $0
MS MADISON S DOWNING DIRECTOR 0.30
Director
$0 $0 $0
MS FRANCESCA GARY DIRECTOR 0.20
Director
$0 $0 $0
MS SHERRY HEUSER DIRECTOR 0.35
Director
$0 $0 $0
DR ANTHONY D JACKSON DIRECTOR 0.20
Director
$0 $0 $0
MS BETTY CROW KENNEDY DIRECTOR 0.15
Director
$0 $0 $0
MS ROSA MARIA MATTHEWS DIRECTOR 0.35
Director
$0 $0 $0
MS ASHLEY NEAL DIRECTOR 0.40
Director
$0 $0 $0
MS MARY OLVERA DIRECTOR 0.25
Director
$0 $0 $0
MR JOSEPH C PATTERSON DIRECTOR 0.25
Director
$0 $0 $0
MS AMY RHYNE DIRECTOR 0.10
Director
$0 $0 $0
DR REBECCA SIMPKIN DIRECTOR 0.25
Director
$0 $0 $0
MS TINA SHERMAN DIRECTOR 0.20
Director
$0 $0 $0
MS ELIZABETH HOPE STAR DIRECTOR 0.35
Director
$0 $0 $0
DR KHADIJIA TRIBIE REID DIRECTOR 0.20
Director
$0 $0 $0
MS LAURIE S URLAND DIRECTOR 0.35
Director
$0 $0 $0
MR SANDY WEATHERSBEE DIRECTOR 0.20
Director
$0 $0 $0
DR EREKA WILLIAMS DIRECTOR 0.40
Director
$0 $0 $0
MS CANDACE WITHERSPOON DIRECTOR 0.25
Director
$0 $0 $0
MR CHARLES BOWMAN CHAIR 0.35
Officer Director
$0 $0 $0
MS CASSANDRA BROOKS VICE CHAIR 0.30
Officer Director
$0 $0 $0
MS PAGE IVES LEMEL SECRETARY 0.60
Officer Director
$0 $0 $0
DR LAURIE STRADLEY TREASURER 0.50
Officer Director
$0 $0 $0
MS AMY CUBBAGE PRESIDENT 40.00
Officer
$150,004 $21,804 $171,808
MS SAFIYAH JACKSON VICE PRESIDENT 40.00
Officer
$128,690 $20,205 $148,895
MR JOSEPH BROWNLEE CFO/ASST TREAS 40.00
Officer
$97,534 $5,278 $102,812
MS JESSICA CARTER ASST SECRETARY 40.00
Officer
$85,770 $16,923 $102,693
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 $134,009,549 $133,592,886 $11,662,873 $416,663
2024 No data No data No data No data
2023 $121,733,617 $121,304,943 $19,071,119 $428,674
2022 $112,773,901 $112,870,105 $16,665,683 $-96,204
2021 $109,841,772 $109,459,207 $10,232,802 $382,565
2020 $105,671,455 $105,917,468 $11,386,148 $-246,013
2019 $105,240,723 $105,357,538 $8,099,944 $-116,815
2018 $104,284,288 $104,389,392 $5,118,460 $-105,104
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