PAMLICO PARTNERSHIP FOR CHILDREN INC

EIN: 561874658 501(c)(3) Education

BAYBORO, NC

Total Revenue
$255,139
Total Expenses
$328,972
Total Assets
$218,414
Net Assets
$216,820
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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
1994
Legal Domicile
NC
Principal Officer
SUSAN BRIDGMAN
Phone
2527457850
Tax Period
2024-07-01 to 2025-06-30

PAMLICO PARTNERSHIP FOR CHILDREN INC, founded in 1994, is a small nonprofit in the Education sector that reported $255K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $329K exceeded revenue, resulting in a 29% operating deficit.

Mission

PAMLICO PARTNERSHIP FOR CHILDREN CONNECTS ALL SECTORS OF THE COMMUNITY TO CREATE BETTER LIVES FOR OUR CHILDREN.

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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 $246,697
Program Service Revenue $123
Investment Income $5,892
Other Revenue $2,427
TOTAL REVENUE $255,139

Expense Breakdown

Grants Paid $19,447
Salaries & Benefits $231,482
Fundraising Expenses $0
Program Expenses $229,430
Other Expenses $78,043
TOTAL EXPENSES $328,972

Year-over-Year Comparison

2024 2023 Change
Revenue $255,139 $430,284 -0.4%
Expenses $328,972 $360,054 -0.1%
Net Income $-73,833 $70,230 -2.1%
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
14
Independent Members
14
Employees
6
Volunteers
35

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
6
$84,196
Total Directors
14
$0
Key Employees
1
$84,196
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN BRIDGMAN EXECUTIVE DIRECTOR 40.00
Officer Key Emp Highest
$73,432 $10,764 $84,196
JAMIE GIBBS CHAIR 1.00
Officer Director
$0 $0 $0
DEBBIE GREEN VICE-CHAIR 1.00
Officer Director
$0 $0 $0
FRAN BENNINGER SECRETARY 2.00
Officer Director
$0 $0 $0
SCOTT FITZGERALD VICE-SECRETARY 1.00
Officer Director
$0 $0 $0
JEAN KENEFICK TREASURER 1.50
Officer Director
$0 $0 $0
EVELYN SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
NEIL CALLAHAN BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE SCOTT BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH GIBBS BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE KELLENBERGER BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER WILLIFORD BOARD MEMBER 1.00
Director
$0 $0 $0
VANESSA GASKINS BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH GASKILL BOARD MEMBER 1.00
Director
$0 $0 $0
TIM BUCK BOARD MEMBER 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 $255,139 $328,972 $218,414 $-73,833
2024 No data No data No data No data
2023 $342,286 $324,675 $232,887 $17,611
2022 $303,112 $340,774 $227,700 $-37,662
2021 $350,543 $289,019 $241,302 $61,524
2020 $358,323 $298,838 $182,826 $59,485
2019 $361,447 $296,891 $120,506 $64,556
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