RAISE A CHILD OF THE CAROLINAS

EIN: 822096738 501(c)(3) Education

Charlotte, NC

Total Revenue
$25,544
Total Expenses
$25,263
Total Assets
$31,456
Net Assets
$-3,970
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NC
Principal Officer
Claudette Banks
Phone
9842126283
Tax Period
2023-10-01 to 2024-09-30

RAISE A CHILD OF THE CAROLINAS, founded in 2018, is a micro nonprofit in the Education sector that reported $26K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring.

Mission

Expose underserved youth to educational and enrichment opportunities that are not commonly available in their communities.The organization uses a S.T.R.E.A.M+ model to ensure children in grades K-12 have access to innovative learning opportunities in science, technology, reading, engineering, arts, math, and critical life lessons.

Program Service Accomplishments

Program 1
Expenses: $4,917 Revenue: $1,145

Community Service Program Accomplishments: In partnership with Youth Service America, the Community Service program engaged 70 youth in hands-on service projects that promoted civic responsibility...

Read more

Community Service Program Accomplishments: In partnership with Youth Service America, the Community Service program engaged 70 youth in hands-on service projects that promoted civic responsibility and leadership development. Participants assembled and distributed over 75 care kits to individuals experiencing homelessness and completed 2 community beautification projects, contributing to safer and more vibrant neighborhoods. We also strengthened our impact through 15 new or continued partnerships with local schools, businesses, and community organizations, helping us serve more than 200 families across the region. The programs were offered at no cost to ensure accessibility for underserved communities, and volunteers contributed over 100 hours supporting planning, outreach, and project execution.

Program 2
Expenses: $798 Revenue: $2,440

Afterschool Program Accomplishments: In partnership with Project Scientist, our Afterschool program provided a safe, supportive environment for 35 students during out-of-school hours through...

Read more

Afterschool Program Accomplishments: In partnership with Project Scientist, our Afterschool program provided a safe, supportive environment for 35 students during out-of-school hours through structured enrichment activities and consistent adult supervision. Students engaged in STEAM-based learning-integrating Science, Technology, Engineering, Arts, and Math-to boost academic achievement and prepare for future success. To address food insecurity, the program served an average of 50 free, nutritious meals and snacks weekly to both enrolled participants and other youth in the community. Regular physical activity, including outdoor play and indoor sports such as basketball, promoted students' physical health, mental wellness, and social development. Parent feedback indicated high satisfaction with the program's impact on students' academic interest, behavior, and overall well-being.

Program 3
Expenses: $1,361 Revenue: $0

Summer Camp Accomplishments: In partnership with Project Scientist and TRANE Technologies, summer camp served 50 students and aimed to prevent summer learning loss through hands-on STEAM programming...

Read more

Summer Camp Accomplishments: In partnership with Project Scientist and TRANE Technologies, summer camp served 50 students and aimed to prevent summer learning loss through hands-on STEAM programming that combined Science, Technology, Engineering, Arts, and Math with real-world learning experiences. Campers explored STEM concepts, engaged with industry professionals, and developed critical life skills in a supportive, enriching environment. The program promoted health and wellness by providing 50 free nutritious meals and snacks daily and incorporating recreational activities such as outdoor play and bike training to encourage physical fitness, teamwork, and self-confidence. Offered at no cost, the camp was accessible to all families, with over 300 volunteer hours contributed to support instruction, meal service, and student supervision. Pre/post assessments showed retention of core academic concepts, particularly in math and science.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $22,229
Program Service Revenue $2,815
Investment Income $500
Other Revenue $0
TOTAL REVENUE $25,544

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,592
Fundraising Expenses $1,634
Program Expenses $7,076
Other Expenses $20,671
TOTAL EXPENSES $25,263

Year-over-Year Comparison

2023 2022 Change
Revenue $25,544 $389,022 -0.9%
Expenses $25,263 $380,558 -0.9%
Net Income $281 $8,464 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
100

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
0
$0
Total Directors
0
$0
Key Employees
1
$3,992
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shaguana Hunt CEO 60
Key Emp Highest
$3,992 $0 $3,992
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
2024 $25,544 $25,263 $31,456 $281
2023 $389,022 $380,558 $6,708 $8,464
2022 $446,501 $475,294 $147,118 $-28,793
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RAISE A CHILD OF THE CAROLINAS with other nonprofits in North Carolina and across the country.