THE PARTNERSHIP FOR CHILDREN OF WAYNE COUNTY INC

EIN: 562054262 501(c)(3) Education

Goldsboro, NC

Total Revenue
$5,109,008
Total Expenses
$5,006,270
Total Assets
$339,351
Net Assets
$264,671
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NC
Principal Officer
Valerie Wallace
Phone
9197353371
Tax Period
2023-07-01 to 2024-06-30

THE PARTNERSHIP FOR CHILDREN OF WAYNE COUNTY INC, founded in 1997, is a community nonprofit in the Education sector that reported $5.1M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

To provide or connect families with early care and education, health, and family support services needed for young children.

Program Service Accomplishments

Program 1
Expenses: $3,735,792 Revenue: $0

North Carolina Pre-Kindergarten (NC Pre-K) - A high quality pre-kindergarten program that serves children who are at risk and prepares them for success in school. Pre-kindergarten is a...

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North Carolina Pre-Kindergarten (NC Pre-K) - A high quality pre-kindergarten program that serves children who are at risk and prepares them for success in school. Pre-kindergarten is a research-proven strategy for school readiness and provides educated teachers, small class sizes, low teacher-child ratios, research-based comprehensive curricula, and a focus on the whole child and family. 639 children were served during the year.

Program 2
Expenses: $216,980 Revenue: $5,855

Child Care Resource and Referral (CCR&R) program promotes quality child care and ensures that children acquire the skills to succeed in kindergarten. This program provides services to ensure that...

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Child Care Resource and Referral (CCR&R) program promotes quality child care and ensures that children acquire the skills to succeed in kindergarten. This program provides services to ensure that safe, high-quality, affordable child care is available; comprehensive consumer information on child care choices; parent support and training; capacity building; technical assistance, trainings, professional development and provider recognition and accomplishments. During the year, the achievements of this program include the following: 54 trainings provided to child care providers; 447 providers trained and 83% of providers exhibited an increase in knowledge based on pre and post-test scores; 17 facilities received on-site technical assistance to support their star rating; 291 instances of intense technical assistance were provided to child care professionals.

Program 3
Expenses: $150,227 Revenue: $0

Parents as Teachers (PAT) program provides home visits to children and their parents/guardians each month to promote optimal early development through enriched learning experiences that teach parents...

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Parents as Teachers (PAT) program provides home visits to children and their parents/guardians each month to promote optimal early development through enriched learning experiences that teach parents that they are indeed the child's first teacher. Developmentally appropriate activities are planned each month as parent educators commit to engaging families while reaching goals such as social, emotional, transitional, cognitive, etc. During the year, 370 personal home visits were provided to parents/guardians. 28 families were referred to community resources. Parent educators offered 12 playgroups in which 26 parents/guardians attended. 34 children received developmental screenings.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,096,927
Program Service Revenue $9,714
Investment Income $25
Other Revenue $2,342
TOTAL REVENUE $5,109,008

Expense Breakdown

Grants Paid $3,624,884
Salaries & Benefits $1,129,212
Fundraising Expenses $0
Program Expenses $4,730,353
Other Expenses $252,174
TOTAL EXPENSES $5,006,270

Year-over-Year Comparison

2023 2022 Change
Revenue $5,109,008 $4,723,658 +0.1%
Expenses $5,006,270 $4,803,156 +0.0%
Net Income $102,738 $-79,498 -2.3%
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
19
Independent Members
15
Employees
20
Volunteers
205

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
7
$112,434
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Valerie Wallace Executive Director 42
Officer
$96,844 $15,590 $112,434
Felicia Brown Board Member 1
Director
$0 $0 $0
Ken Derksen Board Member 1
Director
$0 $0 $0
Linda Holden-Cox Board Member 1
Director
$0 $0 $0
Natalie Kemp Board Member 1
Director
$0 $0 $0
Brandon Lee Board Member 1
Director
$0 $0 $0
Brenda Paul Board Member 1
Director
$0 $0 $0
Dr Patty Pfeiffer Board Member 1
Director
$0 $0 $0
Donna Phillips Board Member 1
Director
$0 $0 $0
Scott Satterfield Board Member 1
Director
$0 $0 $0
Paula Schultze Board Member 1
Director
$0 $0 $0
Dr Marc Whichard Board Member 1
Director
$0 $0 $0
Brenna Wolfe Board Member 1
Director
$0 $0 $0
Brandy Yeh Board Member 1
Director
$0 $0 $0
William Batts Board Treasurer 1
Officer Director
$0 $0 $0
Selena Bennett Board Chair 3
Officer Director
$0 $0 $0
Michelle Estrada Board Secretary 1
Officer Director
$0 $0 $0
Shervon Holland Member-At-Large 1
Officer Director
$0 $0 $0
Reding Pittman Member-At-Large 1.5
Officer Director
$0 $0 $0
Christina Williams Board Vice Chair 1
Officer 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 No data No data No data No data
2024 $5,109,008 $5,006,270 $339,351 $102,738
2023 $4,723,658 $4,803,156 $175,139 $-79,498
2022 $5,891,919 $5,601,964 $310,376 $289,955
2021 $4,109,430 $4,295,220 $51,511 $-185,790
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