Caldwell County Smart Start A Partnership For Young Children
Caldwell County Smart Start consistently operates near break-even with no reported officer compensation.
EIN: 201090467 · Hudson, NC · NTEE: P40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $974K |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| Net Assets | $59K |
| Transparency Score | 80/100 |
Is Caldwell County Smart Start A Partnership For Young Children Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Caldwell County Smart Start A Partnership For Young Children directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Caldwell County Smart Start A Partnership For Young Children
Caldwell County Smart Start A Partnership For Young Children (EIN: 201090467) is a nonprofit organization based in Hudson, NC, classified under NTEE code P40. The organization reported total revenue of $974K and total assets of $158K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caldwell County Smart Start A Partnership For Young Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caldwell County Smart Start A Partnership For Young Children is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-39,628 |
| Total Assets | $141K |
| Total Liabilities | $81K |
| Net Assets | $59K |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 57.9% |
| Months of Reserves | 1.6 months |
Financial Health Grade: D
In 2023, Caldwell County Smart Start A Partnership For Young Children reported a deficit of $40K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 57.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Caldwell County Smart Start A Partnership For Young Children's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.7% | +18.9% | -28.3% |
| 2022 | +-0.0% | +1.3% | +108.2% |
| 2021 | +1.5% | +0.6% | +10.8% |
| 2020 | +2.0% | +0.3% | +26.8% |
| 2019 | -1.7% | -0.6% | -19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Caldwell County Smart Start A Partnership For Young Children with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Caldwell County Smart Start A Partnership For Young Children allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is a strong positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Caldwell County Smart Start A Partnership For Young Children's IRS 990 filings:
- Limited asset base relative to annual revenue, potentially limiting financial resilience (e.g., $140,766 assets vs. $1,017,940 revenue in 2023).
- Consistent near break-even or slight deficit operations, which may hinder reserve building for future stability or growth.
Strengths
The following positive indicators were identified for Caldwell County Smart Start A Partnership For Young Children:
- Consistent reporting of 0% officer compensation, indicating strong dedication of resources to mission and high transparency.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to compliance and public accountability.
- Stable revenue streams over many years, suggesting consistent funding for their programs.
- Lean operational model with expenses closely aligned to revenue, indicating efficient use of available funds.
Frequently Asked Questions about Caldwell County Smart Start A Partnership For Young Children
Is Caldwell County Smart Start A Partnership For Young Children a legitimate charity?
Based on AI analysis of IRS 990 filings, Caldwell County Smart Start A Partnership For Young Children (EIN: 201090467) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Caldwell County Smart Start A Partnership For Young Children spend its money?
Caldwell County Smart Start A Partnership For Young Children directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Caldwell County Smart Start A Partnership For Young Children tax-deductible?
Caldwell County Smart Start A Partnership For Young Children is registered as a tax-exempt nonprofit (EIN: 201090467). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Caldwell County Smart Start A Partnership For Young Children's spending goes to programs?
Caldwell County Smart Start A Partnership For Young Children directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Caldwell County Smart Start A Partnership For Young Children compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Caldwell County Smart Start A Partnership For Young Children is above average for NTEE category P40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Caldwell County Smart Start A Partnership For Young Children located?
Caldwell County Smart Start A Partnership For Young Children is headquartered in Hudson, North Carolina and files with the IRS under EIN 201090467. It is classified under NTEE code P40.
How many years of IRS 990 filings does Caldwell County Smart Start A Partnership For Young Children have?
Caldwell County Smart Start A Partnership For Young Children has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $974K in total revenue.
How does Caldwell County Smart Start fund its operations given the consistent 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be volunteer-based, or their compensation is categorized differently within the IRS 990, such as through program staff salaries if they also perform program-related duties. This practice can significantly reduce administrative overhead.
What is the primary source of Caldwell County Smart Start's revenue?
While the specific sources are not detailed in the provided data, the NTEE code P40 (Early Childhood Education & School Readiness Programs) and the 'Smart Start' designation strongly suggest that a significant portion of their revenue likely comes from state or federal grants dedicated to early childhood initiatives.
Why did the organization's revenue and expenses decrease significantly after 2015?
Revenue and expenses were around $1.5 million in 2014-2015 but dropped to approximately $900,000 thereafter. This could be due to a change in grant funding cycles, the completion of a large project, or a shift in program scope or funding availability from their primary funders.
What is the organization's strategy for building financial reserves given its near break-even operations?
With expenses often closely matching or slightly exceeding revenue (e.g., 2023 expenses of $1,057,568 vs. revenue of $1,017,940), the organization appears to operate with minimal surplus. This suggests a focus on immediate program delivery rather than significant reserve accumulation, which could pose risks during unforeseen financial challenges.
Filing History
IRS 990 filing history for Caldwell County Smart Start A Partnership For Young Children showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Caldwell County Smart Start A Partnership For Young Children's revenue has declined by 52.2%, moving from $2.1M to $1.0M. Total assets increased by 551.3% over the same period, from $22K to $141K. Total functional expenses fell by 50.5%, from $2.1M to $1.1M. In its most recent filing year (2023), Caldwell County Smart Start A Partnership For Young Children reported a deficit of $40K, with expenses exceeding revenue. The organization holds $81K in liabilities against $141K in assets (debt-to-asset ratio: 57.9%), resulting in net assets of $59K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $141K | $81K | — | View 990 |
| 2022 | $895K | $890K | $196K | $97K | — | View 990 |
| 2021 | $895K | $878K | $94K | $703 | — | View 990 |
| 2020 | $882K | $873K | $85K | $9K | — | View 990 |
| 2019 | $865K | $871K | $67K | $0 | — | View 990 |
| 2018 | $880K | $876K | $84K | $11K | — | View 990 |
| 2017 | $917K | $874K | $69K | $0 | — | View 990 |
| 2016 | $867K | $891K | $28K | $1K | — | View 990 |
| 2015 | $1.6M | $1.5M | $50K | $2 | — | View 990 |
| 2014 | $1.5M | $1.5M | $-8,661 | $0 | — | View 990 |
| 2013 | $1.6M | $1.6M | $5K | $5K | — | View 990 |
| 2012 | $1.6M | $1.6M | $2K | $2K | — | View 990 |
| 2011 | $2.1M | $2.1M | $22K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $141K (revenue +13.7% year-over-year).
- 2022: Revenue of $895K, expenses of $890K, and assets of $196K (revenue +-0.0% year-over-year).
- 2021: Revenue of $895K, expenses of $878K, and assets of $94K (revenue +1.5% year-over-year).
- 2020: Revenue of $882K, expenses of $873K, and assets of $85K (revenue +2.0% year-over-year).
- 2019: Revenue of $865K, expenses of $871K, and assets of $67K (revenue -1.7% year-over-year).
- 2018: Revenue of $880K, expenses of $876K, and assets of $84K (revenue -4.1% year-over-year).
- 2017: Revenue of $917K, expenses of $874K, and assets of $69K (revenue +5.8% year-over-year).
- 2016: Revenue of $867K, expenses of $891K, and assets of $28K (revenue -45.8% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $50K (revenue +6.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $-8,661 (revenue -8.6% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $5K (revenue +2.3% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.6M, and assets of $2K (revenue -24.8% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.1M, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caldwell County Smart Start A Partnership For Young Children:
Data Sources and Methodology
This transparency report for Caldwell County Smart Start A Partnership For Young Children is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.