GET READY GUILFORD

EIN: 922360261 501(c)(3) Education

GREENSBORO, NC

Total Revenue
$2,061,796
Total Expenses
$1,882,527
Total Assets
$2,068,488
Net Assets
$179,269
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
NC
Principal Officer
JACQUELINE MCCRACKEN
Phone
3365792977
Tax Period
2023-02-15 to 2023-12-31

GET READY GUILFORD, founded in 2023, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2023. Expenses of $1.9M left a modest 9% surplus.

Mission

GET READY GUILFORD WILL PROVIDE OVERSIGHT OF FINANCIAL RESOURCES FOR READY FOR SCHOOL READY FOR LIFE (READY READY) AND A CLASS OF SUPPORTED ORGANIZATIONS WHO ACT TO FULFILL THE MISSION OF CREATING A COLLABORATIVE, INNOVATIVE SYSTEM OF CARE FOR GUILFORD COUNTY'S YOUNGEST CHILDREN AND THEIR FAMILIES. THE MISSION OF READY FOR SCHOOL READY FOR LIFE SUPPORTS THE AIM OF KINDERGARTEN READINESS AT AGE 5. GET READY GUILFORD WILL SUPPORT READY READY AND COMMUNITY PARTNERS TO ENSURE INTEGRATED SERVICE DELIVERY TO APPROXIMATELY 6,000 CHILDREN BORN IN GUILFORD COUNTY EACH YEAR. ONE HUNDRED PERCENT OF THE TOTAL TIME AND EXPENSES OF THE ORGANIZATION WILL BE ALLOCATED TO THIS ACTIVITY. THE ACTIVITY IS FUNDED THROUGH GRANTS AND DONATIONS. THE ACTIVITY FURTHERS THE EXEMPT PURPOSE BY PROVIDING FINANCIAL OVERSIGHT AND FINANCIAL SUSTAINABILITY FOR THE SERVICES DELIVERED TO GUILFORD COUNTY FAMILIES.

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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 $2,054,964
Program Service Revenue $0
Investment Income $6,832
Other Revenue $0
TOTAL REVENUE $2,061,796

Expense Breakdown

Grants Paid $1,684,865
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,882,466
Other Expenses $197,662
TOTAL EXPENSES $1,882,527

Year-over-Year Comparison

2023 2022 Change
Revenue $2,061,796 N/A N/A
Expenses $1,882,527 N/A N/A
Net Income $179,269 N/A N/A
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
$202,284
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR HAROLD MARTIN CO-CHAIR 1.00
Officer Director
$0 $0 $0
MINDY OAKLEY CO-CHAIR 1.00
Officer Director
$0 $0 $0
CURTIS HOLLOMAN SECRETARY 1.00
Officer Director
$0 $0 $0
JON ESSER TREASURER 1.00
Officer Director
$0 $0 $0
CHARRISE HART CHIEF EXECUTIVE OFFICER 1.00
Officer
$0 $15,966 $202,284
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 $2,061,796 $1,882,527 $2,068,488 $179,269
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