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Families First In Cabarrus County

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471302015 ✦ Concord, NC ✦ Designated as a 501(c)(3)

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Overview

What is Families First In Cabarrus County?

Families First In Cabarrus County is a nonprofit organization situated in Concord, North Carolina. Their primary focus is to offer Early Childhood education and complimentary parenting programs to families who are encountering challenges such as poverty, addiction, linguistic isolation, and more. To achieve this, they operate two top-rated immersion Preschool locations, including the first and only two Immersion NC Prek classrooms in the state. These classrooms prepare children for a multicultural, bilingual environment, fostering a love for learning and ensuring their academic success. In addition, Families First provides adult ESL and GED classes for families in need. Their mission is to nurture children, empower parents, and strengthen whole families, ultimately improving school readiness and economic mobility. With a workforce of 14 dedicated individuals, Families First In Cabarrus County plays a vital role in the community, providing essential support to families in need.


Official website here: www.familiesfirstcc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating.

Families First In Cabarrus County has demonstrated strong accountability and finance practices, resulting in an impressive 90% score. This rating is particularly significant as it is derived solely from their accountability and finance score, indicating a commitment to transparency and responsible financial management. The organization boasts a fully independent board and has established multiple policies that further underline their operational integrity.

The charity's performance in areas such as the liabilities to assets ratio, which stands at a low 16.70%, shows sound fiscal health, while a program expense ratio of 65.43% reflects its dedication to utilizing funds effectively towards its mission. Furthermore, the availability of essential governance documents and meeting minutes reinforces their commitment to transparency and good governance.

However, while the organization excels in accountability, there may be areas for improvement concerning their program expense ratio, which could indicate a need to allocate a higher percentage of their expenses directly to programs rather than administrative costs. Overall, Families First In Cabarrus County is a well-rated nonprofit, emphasizing responsible financial practices and governance.


This AI summary has been generated from information found on Charity Navigator.

Is Families First In Cabarrus County legitimate?

Families First In Cabarrus County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Families First In Cabarrus County submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $123,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $330,632

For more financial information, click here


Official website here: www.familiesfirstcc.org

What is the mission statement of Families First In Cabarrus County?

Families First In Cabarrus County's mission is centered around providing early childhood education and parenting programs for families who are facing challenges such as poverty, addiction, and linguistic isolation. Their goal is to nurture children, empower parents, and strengthen entire families, aiming to significantly improve school readiness and economic mobility. This is achieved through various initiatives including home visiting, immersion preschools, and adult ESL and GED classes. The organization strives to support families in need, helping them to flourish and overcome their challenges.


Official website here: www.familiesfirstcc.org

Who is the CEO of Families First In Cabarrus County?

Rev Spencer Swain is the Executive Dir. of Families First In Cabarrus County.


Official website here: www.familiesfirstcc.org

What is the revenue of Families First In Cabarrus County?

Families First In Cabarrus County's revenue in 2022 was $895,932.


Official website here: www.familiesfirstcc.org

Who are the executives of Families First In Cabarrus County and what are their salaries?

The average compensation at Families First In Cabarrus County during 2022 was $32,450. There are 14 employees and 10 volunteers at Families First In Cabarrus County.


Here are 6 key members and their salaries:


Rev Spencer Swain (Executive Dir.)
  • Compensation: $112,609
  • Related: $0
  • Other: $11,061
Kris Benshoff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Allred (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jasmine (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mckenzie Wolford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanisha Jones (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.familiesfirstcc.org

Where can I find the form 990 for Families First In Cabarrus County?

Families First In Cabarrus County's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.familiesfirstcc.org

Learn more at the official website: www.familiesfirstcc.org

Mission Statement of Families First In Cabarrus County

Families First In Cabarrus County is committed to providing early childhood education and free parenting programs for families who are grappling with challenges such as poverty, addiction, and linguistic isolation. Their mission, in essence, is to nurture children, empower parents, and strengthen entire families. By offering home visiting services, immersion preschools, and adult ESL and GED classes, this nonprofit organization aims to significantly improve school readiness and economic mobility. They strive to support families who are facing difficulties, providing them with the tools and resources necessary to thrive and flourish.

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Impact




July, 2024

Families First In Cabarrus County has a significant impact on the community by providing Early Childhood education and free parenting programs to families facing various challenges such as parenting struggles, poverty, addiction in the home, and linguistic isolation. Through their programs, families are empowered to flourish by improving school readiness and economic mobility. By operating two 5-star immersion preschool locations and offering adult ESL and GED classes, Families First prepares children for a love of learning in a multicultural, bilingual world while also supporting parents in their journey towards nurturing their children and strengthening their families.




This information is meant to be a general summary of Families First In Cabarrus County. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$895,932 (2022)
Expenses
$713,587 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $85,327
  • Gross Receipts: $895,932

Assets and Liabilities:

  • Total Assets: $504,908
  • Total Liabilities: $36,701
  • Net Assets: $468,207

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Bilingual Preschool

Revenue

$85,327

Organization Details

Founding Year

2014

Principal Officer

Rev Spencer Swain

Main Address

985 Central Drive NW, Concord, NC, 28027

NTEE Category

Code: P40 - Human services

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