Partners for Children & Families Inc

EIN: 582139259 501(c)(3) Human Services

Carthage, NC

Total Revenue
$1,381,930
Total Expenses
$1,400,486
Total Assets
$190,180
Net Assets
$135,824
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NC
Principal Officer
Erin Newcomb
Phone
9109494045
Tax Period
2024-07-01 to 2025-06-30

Partners for Children & Families Inc, founded in 1994, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

Partner's for Children and Families unites the community to effectively: support and empower families prepare children to succeed in school and encourage life-long learning thereby contributing to the economic vitality of Moore County.

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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 $1,378,506
Program Service Revenue $0
Investment Income $0
Other Revenue $3,424
TOTAL REVENUE $1,381,930

Expense Breakdown

Grants Paid $529,328
Salaries & Benefits $649,304
Fundraising Expenses $0
Program Expenses $1,266,927
Other Expenses $221,854
TOTAL EXPENSES $1,400,486

Year-over-Year Comparison

2024 2023 Change
Revenue $1,381,930 $1,517,387 -0.1%
Expenses $1,400,486 $1,388,209 +0.0%
Net Income $-18,556 $129,178 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
11
Volunteers
60

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
5
$0
Total Directors
15
$86,589
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stuart Mills Executive Dir. 40.00
Director
$86,589 $0 $86,589
Tom Boals Treasurer 1.00
Officer Director
$0 $0 $0
Kim Bullard CEO 1.00
Officer Director
$0 $0 $0
Germaine Elkins Director 1.00
Director
$0 $0 $0
Jarrod Gouty Secretary 1.00
Officer Director
$0 $0 $0
Laura Hope Director 1.00
Director
$0 $0 $0
Miriam King-Gill Director 1.00
Director
$0 $0 $0
Linda M Parsons Chairman 1.00
Officer Director
$0 $0 $0
Janice Roberts Director 1.00
Director
$0 $0 $0
Clare Ruggles Vice President 1.00
Officer Director
$0 $0 $0
Jennifer Woodell Director 1.00
Director
$0 $0 $0
Naye Campuzano Director 1.00
Director
$0 $0 $0
Maxine Howe Director 1.00
Director
$0 $0 $0
Joyce Ray Director 1.00
Director
$0 $0 $0
Barbara Ross Director 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 $1,381,930 $1,400,486 $190,180 $-18,556
2024 $1,517,387 $1,388,209 $205,382 $129,178
2023 $1,320,019 $1,301,491 $105,490 $18,528
2022 $1,146,868 $1,158,412 $127,115 $-11,544
2021 $1,098,858 $1,104,461 $44,147 $-5,603
2020 $1,117,938 $1,113,467 $96,229 $4,471
2019 $1,155,918 $1,134,944 $91,811 $20,974
2018 $1,174,245 $1,189,596 $81,960 $-15,351
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