Civic Intelligence

Buncombe County Partnership for Children Inc.

990 • Fiscal year 2023 • EIN 56-1942178

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

53 Asheland Avenue Suite 102 AAsheville, NC 28801

(828) 407-2055

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

42nd percentile

$108,737

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Asset Growth

95th percentile

192%

Faster asset growth than 95% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

80th percentile

28%

Faster revenue growth than 80% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,137,370

Up $748,322 (+192%) from 2022

Net Assets

Up

$1,130,499

Up $758,958 (+204%) from 2022

Liabilities

Down

$6,871

Down $10,636 (-61%) from 2022

Revenue

Up

$6,897,160

Up $1,522,021 (+28%) from 2022

Expenses

Up

$6,138,202

Up $866,901 (+16%) from 2022

Net Income

Up

$758,958

Up $655,120 (+631%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $245,560Liabilities 2011: $2,818Net Assets 2011: $242,7422011Assets 2012: $234,734Liabilities 2012: $42Net Assets 2012: $234,6922012Assets 2013: $270,915Liabilities 2013: $0Net Assets 2013: $270,9152013Assets 2014: $249,724Liabilities 2014: $2,862Net Assets 2014: $246,8622014Assets 2015: $362,299Liabilities 2015: $333Net Assets 2015: $361,9662015Assets 2016: $315,705Liabilities 2016: $0Net Assets 2016: $315,7052016Assets 2017: $373,005Liabilities 2017: $0Net Assets 2017: $373,0052017Assets 2018: $405,671Liabilities 2018: $0Net Assets 2018: $405,6712018Assets 2019: $316,081Liabilities 2019: $0Net Assets 2019: $316,0812019Assets 2020: $308,720Liabilities 2020: $31,467Net Assets 2020: $277,2532020Assets 2021: $267,701Liabilities 2021: $0Net Assets 2021: $267,7012021Assets 2022: $389,048Liabilities 2022: $17,507Net Assets 2022: $371,5412022Assets 2023: $1,137,370Liabilities 2023: $6,871Net Assets 2023: $1,130,4992023Assets 2024: $1,109,510Liabilities 2024: $26,708Net Assets 2024: $1,082,8022024

Highlighted filing

2023

Assets$1,137,370
Liabilities$6,871
Net Assets$1,130,499

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,035,102Expenses 2011: $3,979,753Net Income 2011: $55,3492011Revenue 2012: $3,297,143Expenses 2012: $3,289,913Net Income 2012: $7,2302012Revenue 2013: $3,555,210Expenses 2013: $3,506,281Net Income 2013: $48,9292013Revenue 2014: $3,354,542Expenses 2014: $3,380,650Net Income 2014: -$26,1082014Revenue 2015: $3,663,083Expenses 2015: $3,574,590Net Income 2015: $88,4932015Revenue 2016: $3,618,443Expenses 2016: $3,664,704Net Income 2016: -$46,2612016Revenue 2017: $3,616,992Expenses 2017: $3,559,692Net Income 2017: $57,3002017Revenue 2018: $3,877,562Expenses 2018: $3,844,896Net Income 2018: $32,6662018Revenue 2019: $4,208,063Expenses 2019: $4,297,653Net Income 2019: -$89,5902019Revenue 2020: $4,590,352Expenses 2020: $4,629,180Net Income 2020: -$38,8282020Revenue 2021: $5,086,293Expenses 2021: $5,095,595Net Income 2021: -$9,3022021Revenue 2022: $5,375,139Expenses 2022: $5,271,301Net Income 2022: $103,8382022Revenue 2023: $6,897,160Expenses 2023: $6,138,202Net Income 2023: $758,9582023Revenue 2024: $6,632,007Expenses 2024: $6,679,704Net Income 2024: -$47,6972024

Highlighted filing

2023

Revenue$6,897,160
Expenses$6,138,202
Net Income$758,958
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$6,898,815
Mission and Program Overview

Mission

The organization's mission is to strengthend the capacity of educators,families,and the community to build a strong foundation for children's learning and development befinning at birth.

Organization's mission is to strengthen the capacity of educators, families and the community to build a strong foundation for children's learning and development beginning at birth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$342,207$791,382▲ $449,175
Savings and Temporary Cash Investments$3,211$303,435▲ $300,224
Land, Buildings, and Equipment, Net$43,630$38,912▼ $4,718
Accounts Receivable-$3,641-
Total Assets$389,048$1,137,370▲ $748,322
Liabilities
Accounts Payable and Accrued Expenses$17,507$6,871▼ $10,636
Total Liabilities$17,507$6,871▼ $10,636
Net Assets / Fund Balance
Net Assets With Donor Restrictions$147,465$852,868▲ $705,403
Net Assets Without Donor Restrictions$224,076$277,631▲ $53,555
Total Net Assets Fund Balance$371,541$1,130,499▲ $758,958
Total Liabilities and Net Assets / Fund Balance$389,048$1,137,370▲ $748,322

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,556$65,277$103,833
Leasehold Improvements$356$3,699$4,055
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy BarryExecutive DiFT$93,553$15,184$108,737
Carey PriceFinance DireFT$83,937$14,558$98,495

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Community Action OpportunitiesProgram Adminis25 GASTON STREET, Asheville, NC 28801$916,932
Eliada Homes INCProgram AdminisPO BOX 16708, Asheville, NC 28816$808,017
Asheville City SchoolsProgram Adminis441 HAYWOOD ROAD, Asheville, NC 28806$745,255
MahecProgram Adminis121 HENDERSONVILLE ROAD, Asheville, NC 28803$225,235
First Parent CenterProgram AdminisPO BOX 802, Asheville, NC 28802$182,001
Revenue and Support

Revenue Composition

Contributions and Grants
$6,829,005
Program Service Revenue
$44,761
Investment Income
$16,905
Other Revenue
$6,489
All Other Contributions
$261,128
Change in Net Assets
$758,958

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,898,325
Revenue Not Reported on Financial Statements
$-1,165
Other Revenue Adjustments
$-1,165
Total Revenue per Audited Statements
$6,898,325
Total Revenue per Form 990
$6,897,160
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,192,740
Salaries, Compensation, and Employee Benefits$1,543,989
Grants and Similar Amounts Paid$401,473
Total Fundraising Expense$75,296
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$3,856,385$37,860-$3,894,245
Other Salaries and Wages$901,877$77,334$51,515$1,030,726
Grants to Domestic Orgs$349,852--$349,852
Current Officers, Directors, Trustees, and Key Employees$50,274$127,216-$177,490
Other Employee Benefits$131,230$30,784$6,474$168,488
Payroll Taxes$71,997$15,417$3,461$90,875
Pension Plan Contributions$59,049$15,494$1,867$76,410
Conferences and Meetings$47,796$9,103$1,753$58,652
Grants to Domestic Individuals$51,621--$51,621
Occupancy$33,927$5,434$510$39,871
All Other Expenses$22,148$11,632$1,309$35,089
Travel$21,102$6,240-$27,342
Information Technology$13,818$3,322$3,246$20,386
Office Expenses$6,810$5,172$3,635$15,617
Other Expenses$11,056$2,286$327$13,669
Depreciation Depletion$9,881$3,120-$13,001
Insurance-$8,872-$8,872
Fees for Services Accounting$161$7,287-$7,448
Advertising$272$25-$297
Total Functional Expenses$5,691,489$371,417$75,296$6,138,202

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,138,202
Expenses per Audited Statements$6,135,139
Total Expenses per Audited Statements$6,135,139
Expenses Not Reported on Financial Statements$3,063
Other Expense Adjustments$3,063
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Grants Below 5000---$48,818
Community Action OpportunitiesAsheville, NC501c3Organizational Suppo$43,455
Child Development Schools IncColumbus, GA501c3Operational Support$35,835
Eliada Child DevelopmentAsheville, NC501c3Organizational Suppo$25,992
THE CHILDREN'S CENTER AT GRACELYNAsheville, NC-Organizational Suppo$19,991
Verner Center for Early LearningAsheville, NC-Organizational Suppo$18,616
Asheville Jewish CommunityAsheville, NCGovOrganizational Suppo$14,990
Asheville City SchoolsAsheville, NCGovOrganizational Suppo$14,876
Ywca of AshevilleAsheville, NC-Organizational Suppo$13,858
DONALD'S COLLINS EARLY EDUCATION LEBlack Mountain, NC501c3Organizational Suppo$12,931
Emmanuel Lutheran SchoolAsheville, NC501c3Organizational Suppo$12,658
Hominy Baptist ChurchCandler, NC501c3Organizational Suppo$9,487
Irene Wortham CenterAsheville, NC501c3Organizational Suppo$9,349
Child Care Center of First PresbyteAsheville, NC501c3Organizational Suppo$9,302
Mission Hospitals Child DevelopmentAsheville, NC501c3Organizational Suppo$8,024
Creative Village Child CareSwannanoa, NC501c3Organizational Suppo$7,029
First Baptist ChurchAsheville, NC501c3Organizational Suppo$6,352
EvolveAsheville, NC501c3Organizational Suppo$6,012
Christine Avery Learning CenterAsheville, NC501c3Organizational Suppo$5,904
Nazarene Christian SchoolAsheville, NC-Organizational Suppo$5,721
Buncombe County SchoolsAsheville, NC501c3Operational Support$5,350
Mount Carmel Enrichment CenterAsheville, NC-Organizational Suppo$5,164
Rainbow Community SchoolAsheville, NC-Organizational Suppo$5,079
Montessori Learning Center of AshevAsheville, NC501c3Organizational Suppo$5,059
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 was reviewed by the audit/finance committee prior to filing with the irs. A complete copy was provided to the full board of directors prior to filing.

Form 990, Page 6, Part VI, Line 12C

The board of directors is required to complete a conflict of interest statement each fiscal year. Conflicts are brought to the attention of the board chair and result in the affected member's abstention from voting on the applicable matter.

Form 990, Page 6, Part VI, Line 15A

Compensation for the executive director is determined through the use of comparability data and board approval.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Buncombe County Partnership
EIN
56-1942178
Phone
8284072055
Address
53 ASHELAND AVENUE SUITE 102 A, ASHEVILLE, NC 28801

Signing Officer

Name
Amy Barry
Title
Executive Director
Phone
8282859333
Signed
2024-05-14

Organization Details

Principal Officer
Amy Barry
Formed
1995
Legal Domicile
Nc
Voting Board Members
18
Independent Board Members
18
Employees
37
Volunteers
44

Preparer

Firm
Suzan H Sluder CPA Pa
Address
P O BOX 96, ARDEN, NC 28704
Preparer
Suzan H Sluder
Phone
8285511669
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Purchase of service 3,054,383 0 0 contracts with service provid 707,087 0 0 temporary services 1,125 0 0 other contracted services 93,790 37,860 0 total 3,856,385 37,860 0

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from payment of income taxes under the provision of section 501 c 3 of the internal revenue code, except to the extent of taxes on any unrelated business income. Fasb asc 740 provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements. Fasb asc 740 requires the evaluation of tax posititions taken or expected to be taken in the course of preparing financial statement to determine whether the tax positions are "more-likely-than-not" to be sustained by the applicable tax authority.

Schedule D, Page 4, Part XI, Line 4B

Unrealized loss on disposal of assets -1,165

Schedule D, Page 4, Part XII, Line 4B

Depreciation 13,001 reclassification of exp to asset -9,938

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IRS990/Form990PartVIISectionAGrp/PersonNm7KAREN MILLER COWAN
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IRS990/Form990PartVIISectionAGrp/PersonNm10ERIN LEONARD
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IRS990/Form990PartVIISectionAGrp/PersonNm13CHRISTINE MALLOY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1FINANCE DIRE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE CHAIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01995
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-1655
IRS990/GamingActivitiesInd0false
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IRS990/GrantAmt0401473
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt0349852
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IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
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IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentAuditFinclStmtInd0true
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/TotalAmt020386
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO STRENGTHEN THE CAPACITY OF EDUCATORS,FAMILIES,AND THE COMMUNITY TO BUILD A STRONG FOUNDATION FOR CHILDREN'S LEARNING AND DEVELOPMENT BEGINNING AT BIRTH.
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IRS990/OccupancyGrp/ManagementAndGeneralAmt05434
IRS990/OccupancyGrp/ProgramServicesAmt033927
IRS990/OccupancyGrp/TotalAmt039871
IRS990/OfficeExpensesGrp/FundraisingAmt03635
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05172
IRS990/OfficeExpensesGrp/ProgramServicesAmt06810
IRS990/OfficeExpensesGrp/TotalAmt015617
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt030784
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0131230
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IRS990/OtherExpensesGrp/Desc1EDUCATIONAL SUPPLIES/MATE
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IRS990/OtherExpensesGrp/FundraisingAmt1624
IRS990/OtherExpensesGrp/FundraisingAmt2327
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03726
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11093
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22286
IRS990/OtherExpensesGrp/ProgramServicesAmt019057
IRS990/OtherExpensesGrp/ProgramServicesAmt119511
IRS990/OtherExpensesGrp/ProgramServicesAmt213665
IRS990/OtherExpensesGrp/ProgramServicesAmt311056
IRS990/OtherExpensesGrp/TotalAmt023358
IRS990/OtherExpensesGrp/TotalAmt119511
IRS990/OtherExpensesGrp/TotalAmt215382
IRS990/OtherExpensesGrp/TotalAmt313669
IRS990/OtherRevenueMiscGrp/Desc0SALES TAX REFUND
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06489
IRS990/OtherRevenueTotalAmt06489
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt077334
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0901877
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015417
IRS990/PayrollTaxesGrp/ProgramServicesAmt071997
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IRS990/PensionPlanContributionsGrp/FundraisingAmt01867
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015494
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt059049
IRS990/PensionPlanContributionsGrp/TotalAmt076410
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0WORKFORCE DEV PROG REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER NON TRAINING REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2TRAINING REVENUE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14670
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035924
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14670
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24167
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05269800
IRS990/PYExcessBenefitTransInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.11$0.03$1.08$6.63$6.68$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$6.90$6.14$0.76
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.02$0.37$5.38$5.27$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$5.09$5.10$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.03$0.28$4.59$4.63$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$4.21$4.30$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$3.88$3.84$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$3.62$3.56$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$3.62$3.66$0.05
2015Summary only. Only limited summary data is available for this year.$0.36$0.00$0.36$3.66$3.57$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$3.35$3.38$0.03
2013Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$3.56$3.51$0.05
2012Summary only. Only limited summary data is available for this year.$0.23$0.00$0.23$3.30$3.29$0.01
2011Summary only. Only limited summary data is available for this year.$0.25$0.00$0.24$4.04$3.98$0.06