READY FOR SCHOOL READY FOR LIFE

EIN: 823893055 501(c)(3) Education

GREENSBORO, NC

Total Revenue
$6,364,497
Total Expenses
$7,104,977
Total Assets
$4,213,026
Net Assets
$3,132,571
🔒

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
2017
Legal Domicile
NC
Principal Officer
CHARRISE HART
Phone
3365792977
Tax Period
2022-01-01 to 2022-12-31

READY FOR SCHOOL READY FOR LIFE, founded in 2017, is a community nonprofit in the Education sector that reported $6.4M in total revenue in fiscal year 2022. Expenses of $7.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

A COLLABORATIVE EFFORT TO BUILD A CONNECTED, INNOVATIVE SYSTEM OF CARE OF GUILFORD COUNTY'S YOUNGEST CHILDREN AND THEIR FAMILIES

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $6,354,684
Program Service Revenue $0
Investment Income $9,813
Other Revenue $0
TOTAL REVENUE $6,364,497

Expense Breakdown

Grants Paid $659,382
Salaries & Benefits $1,702,687
Fundraising Expenses $32,769
Program Expenses $6,564,990
Other Expenses $4,742,908
TOTAL EXPENSES $7,104,977

Year-over-Year Comparison

2022 2021 Change
Revenue $6,364,497 $6,572,581 0.0%
Expenses $7,104,977 $4,406,118 +0.6%
Net Income $-740,480 $2,166,463 -1.3%
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
30
Independent Members
30
Employees
25
Volunteers
75

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
8
$350,097
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J EDWARD KITCHEN CO-CHAIR 10.50
Officer Director
$0 $0 $0
SUSAN S SCHWARTZ CO-CHAIR 10.50
Officer Director
$0 $0 $0
DR HAROLD MARTIN CO-VICE CHAIR 1.50
Officer Director
$0 $0 $0
MINDY OAKLEY CO-VICE CHAIR 1.50
Officer Director
$0 $0 $0
CURTIS HOLLOMAN SECRETARY 1.50
Officer Director
$0 $0 $0
DAVID F LEEPER TREASURER 1.50
Officer Director
$0 $0 $0
DR ALLISON BLOSSER BOARD MEMBER 1.50
Director
$0 $0 $0
ROBIN BRITT BOARD MEMBER 1.50
Director
$0 $0 $0
CARLY COOKE BOARD MEMBER 1.50
Director
$0 $0 $0
PAT DANAHY BOARD MEMBER 1.50
Director
$0 $0 $0
ALAN DUNCAN BOARD MEMBER 1.50
Director
$0 $0 $0
DR DANIEL ERB BOARD MEMBER 1.50
Director
$0 $0 $0
JONATHAN R ESSER BOARD MEMBER 1.50
Director
$0 $0 $0
BARBARA FRYE BOARD MEMBER 1.50
Director
$0 $0 $0
KEVIN GRAY BOARD MEMBER 1.50
Director
$0 $0 $0
MICHAEL HALFORD BOARD MEMBER 1.50
Director
$0 $0 $0
DR JAMES HOEKSTRA MD BOARD MEMBER 1.50
Director
$0 $0 $0
CYRIL JEFFERSON BOARD MEMBER 1.50
Director
$0 $0 $0
MARIA LAYNE-STEVENS BOARD MEMBER 1.50
Director
$0 $0 $0
BRIAN MANESS BOARD MEMBER 1.50
Director
$0 $0 $0
ANGELA G JIMENEZ BOARD MEMBER 1.50
Director
$0 $0 $0
DR VALERIE JARVIS MCMILLAN BOARD MEMBER 1.50
Director
$0 $0 $0
DR WHITNEY OAKLEY BOARD MEMBER 1.50
Director
$0 $0 $0
DR MARTIN PORTILLO MD BOARD MEMBER 1.50
Director
$0 $0 $0
RAY ROBINSON BOARD MEMBER 1.50
Director
$0 $0 $0
MEKA SALES BOARD MEMBER 1.50
Director
$0 $0 $0
DR TERRI SHELTON BOARD MEMBER 1.50
Director
$0 $0 $0
ADAM TARLETON BOARD MEMBER 1.50
Director
$0 $0 $0
DR IULIA VANN BOARD MEMBER 1.50
Director
$0 $0 $0
CINDY WATKINS BOARD MEMBER 1.50
Director
$0 $0 $0
CHARRISE HART CHIEF EXECUTIVE OFFICER 50.00
Officer
$171,652 $14,390 $186,042
KELLY MCKEE VP OF OPERATIONS 50.00
Officer
$131,661 $32,394 $164,055
HEATHER ADAMS VP OF PUBLIC WILL BUILDING 50.00
Highest
$127,677 $12,601 $140,278
JACQUELINE MCCRACKEN WALL VP OF STRATEGIC IMPACT 50.00
Highest
$127,579 $11,189 $138,768
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 No data No data No data No data
2023 No data No data No data No data
2022 $6,364,497 $7,104,977 $4,213,026 $-740,480
2021 $6,572,581 $4,406,118 $5,692,106 $2,166,463
2020 $5,858,832 $1,755,333 $5,243,042 $4,103,499
2019 $2,013,230 $1,186,339 $1,151,496 $826,891
2018 $361,478 $57,945 $305,107 $303,533
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare READY FOR SCHOOL READY FOR LIFE with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.