A CHILD'S PLACE OF CHARLOTTE INC

EIN: 581911741 501(c)(3)

CHARLOTTE, NC

Total Revenue
$940,066
Total Expenses
$1,085,189
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NC
Principal Officer
MEG ALLISON
Phone
7043433790
Tax Period
2019-07-01 to 2020-02-17

A CHILD'S PLACE OF CHARLOTTE INC, founded in 1990, is a small nonprofit that reported $940K in total revenue in fiscal year 2019. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 15% operating deficit.

Mission

A CHILD'S PLACE WORKS TO ERASE THE IMPACT OF HOMELESSNESS ON CHILDREN AND THEIR EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $855,463

A CHILD'S PLACE IS THE ONLY NONPROFIT ORGANIZATION IN CHARLOTTE FOCUSED SPECIFICALLY ON THE SUCCESS OF CHILDREN WHOSE FAMILIES ARE EXPERIENCING HOMELESSNESS, MOST OFTEN SUFFERING IN GENERATIONAL...

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A CHILD'S PLACE IS THE ONLY NONPROFIT ORGANIZATION IN CHARLOTTE FOCUSED SPECIFICALLY ON THE SUCCESS OF CHILDREN WHOSE FAMILIES ARE EXPERIENCING HOMELESSNESS, MOST OFTEN SUFFERING IN GENERATIONAL POVERTY. A CHILD'S PLACE PROGRAM MODEL STRENGTHENS OUR IMPACT IN THE SCHOOL AND EXTENDS OUR REACH INTO THE COMMUNITY. ACP'S TWO-GENERATION, HOLISTIC SUPPORT IS OFFERED THROUGH: (CONTINUED ON SCHEDULE O)1)SCHOOL-BASED SERVICES AT CMS SITES. IN EACH OF OUR PARTNER SCHOOLS, ACP DEPLOYS A TEAM OF EXPERTS THAT HELP FAMILIES NAVIGATE COMMUNITY RESOURCES; ELIMINATE BARRIERS TO THE STUDENT'S EDUCATION (FOOD, TRANSPORTATION, PHYSICAL/EMOTIONAL HEALTH ISSUES); THIS INCLUDES CREATING AN INDIVIDUALIZED CASE PLAN THAT SUPPORTS THE CHILD'S CONTINUED FOCUS ON EDUCATION SO THAT OUR CHILDREN AND FAMILIES DISCOVER THE POWER OF EDUCATION TO IMPROVE THEIR LIVES. STABILIZE THE FAMILY AT THE POINT OF CRISIS BY ASSESSING, DEVELOPING GOALS, MONITORING PROGRESS AND CONNECTING TO STRATEGIC PARTNERSHIPS AS THEY RESOLVE ISSUES THAT LED TO THE HOMELESS CRISIS.2)COMMUNITY-BASED SERVICES ACROSS MECKLENBURG COUNTY. THE COMMUNITY RESPONSE TEAM (CRT) ALLOWS ACP TO REACH ADDITIONAL TITLE I SCHOOLS. WHEN CONTACTED BY A MCKINNEY VENTO LIAISON, A CRT STUDENT ADVOCATE RESPONDS, ASSESSES THE FAMILY'S SITUATION, PROVIDES FOR IMMEDIATE NEEDS TO BOTH CHILD AND PARENT, AND MAKES VITAL REFERRALS TO ADDRESS THE ISSUES THAT LED TO THE HOUSING CRISIS. THE CRT PROVIDES SOCIAL EMOTIONAL LEARNING SERVICES, OF WHICH ACP WILL EXPAND PROGRAMMING TO OFFER WRAP-AROUND SUPPORT FOR HOMELESS CHILDREN AND FAMILIES OUTSIDE OF SCHOOL, FOCUSING ON SOCIO-EMOTIONAL HEALTH, LONG-TERM STABILITY, AND HOUSING. ACP WORKS AGGRESSIVELY TO MEET BASIC NEEDS, HELP STABILIZE THE FAMILY, AND WORK TOWARD PROGRESS AROUND ATTENDANCE, POSITIVE BEHAVIORS AND IMPROVED FAMILY ENGAGEMENT AT THE POINT OF THEIR CRISIS. BY SUPPORTING STUDENTS WITH TRANSPORTATION ISSUES, SOCIAL-EMOTIONAL, AND PHYSICAL HEALTH ISSUES, SCHOOL SUPPLIES, UNIFORMS, FOOD, AND MANY OTHER CHALLENGES, STAFF ELIMINATE BARRIERS THAT IMPEDE THE ABILITY OF CHILDREN IN HOMELESSNESS TO BE PRESENT AND ENGAGED AT SCHOOL. FOCUSING EFFORTS TO ENSURE A CHILD IN CRISIS IS PREPARED AND IN SCHOOL IS THE CRITICAL FOUNDATION THAT CAN LEAD TO LONG-TERM ACADEMIC GAINS, WHICH CAN ULTIMATELY POSITIVELY IMPACT THE TRAJECTORY OF THAT CHILD'S LIFE FOREVER. ADDITIONALLY STAFF MAKE COUNTLESS REFERRALS, SERVING AS A VITAL CONNECTOR TO THOSE ORGANIZATIONS AND AGENCIES WITH THE EXPERTISE AND CAPACITY TO ADDRESS ROOT CAUSES OF HOMELESSNESS.DURING THE 2018-19 SCHOOL YEAR, A CHILD'S PLACE SERVED 1,751 CLIENTS. DEMOGRAPHICS OF THE CLIENTS SERVED INCLUDE, 92% AFRICAN AMERICAN, PRIMARILY LED BY SINGLE, FEMALE HEADS-OF-HOUSEHOLD, AND 100% OF CLIENTS REPORTED AN INCOME BELOW THE FEDERAL POVERTY LEVEL.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $966,926
Program Service Revenue $0
Investment Income $901
Other Revenue $-27,761
TOTAL REVENUE $940,066

Expense Breakdown

Grants Paid $0
Salaries & Benefits $704,505
Fundraising Expenses $175,989
Program Expenses $855,463
Other Expenses $380,684
TOTAL EXPENSES $1,085,189

Year-over-Year Comparison

2019 2018 Change
Revenue $940,066 $1,703,468 -0.4%
Expenses $1,085,189 $1,802,455 -0.4%
Net Income $-145,123 $-98,987 +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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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
27
Volunteers
200

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
$56,793
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER SIDDEN DIRECTOR 2.00
Director
$0 $0 $0
MEG ALLISON PRESIDENT 2.00
Officer Director
$0 $0 $0
TAMARA KOZLOW TREASURER 2.00
Officer Director
$0 $0 $0
LESTER GILES SECRETARY 2.00
Officer Director
$0 $0 $0
ROBERT HOPKINS DIRECTOR 1.00
Director
$0 $0 $0
LOCKE BEATTY DIRECTOR 1.00
Director
$0 $0 $0
WAYNE SMILEY DIRECTOR 1.00
Director
$0 $0 $0
JOHN MURCHISON DIRECTOR 1.00
Director
$0 $0 $0
JERRY CASTELLOE DIRECTOR 1.00
Director
$0 $0 $0
ANN CLARK VICE PRES 2.00
Officer Director
$0 $0 $0
SARAH GORDON DIRECTOR 1.00
Director
$0 $0 $0
BARBARA VAN MEERTEN VICE PRES 2.00
Officer Director
$0 $0 $0
SHANTIQUA NEELY ED (LEFT JUNE 2019) 40.00
Officer
$54,730 $2,063 $56,793
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 $940,066 $1,085,189 No data $-145,123
2019 $1,703,468 $1,802,455 $1,426,867 $-98,987
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