Overview
What is Franklin Granville Vance Smart Start Inc?
Franklin Granville Vance Smart Start Inc, located in Henderson, North Carolina, is a dedicated nonprofit organization that focuses on providing high-quality care and education for children aged 0-5. Their mission is to establish a comprehensive, accountable system that sets a strong foundation for these young minds, ultimately leading to a successful and productive life. During the 2021-2022 school year, they served over 146 children at 11 sites in Franklin County, utilizing funds from the NC Pre-K Program to offer childcare slots for at-risk four-year-olds. With a staff of 18 individuals, they strive to ensure these children enter school prepared and ready to learn.
Official website here: www.fgvsmartstart.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Star rating (58%).
Franklin Granville Vance Smart Start Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity scored low overall due to a lack of financial statements and a concerning liabilities-to-assets ratio of 93.20%. While it demonstrated strengths in certain governance aspects, such as having a majority of independent board members and policies for conflict of interest and whistleblowing, these were not sufficient to offset the financial transparency issues.
The organization shows a strong commitment to its program expenses, with an impressive program expense ratio of 89.13%, suggesting that most of its funds are directed towards its mission. However, the absence of publicly available financial statements and the missing tax form on its website raises questions about its financial health and transparency, which are crucial for donor trust and engagement.
Overall, while the charity has implemented some governance policies and has a focused approach towards its program, the low accountability score and financial transparency concerns highlight areas in need of improvement for better donor confidence and organizational sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin Granville Vance Smart Start Inc legitimate?
Franklin Granville Vance Smart Start Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Granville Vance Smart Start Inc 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: $88,104
Professional Fundraising Fees: $0
Other Salaries and Wages: $766,456
For more financial information, click here
Official website here: www.fgvsmartstart.org
What is the mission statement of Franklin Granville Vance Smart Start Inc?
Franklin Granville Vance Smart Start Inc's mission is centered around advocating and promoting a top-notch, comprehensive, accountable system of care and education for children aged 0-5. This mission aims to establish a solid foundation for these children, enabling them to lead productive and successful lives in the future. The organization's primary goal is to prepare these children to begin their formal education, equipped and ready to learn. The NC Pre-K Program, funded by the organization, provides childcare slots for at-risk four-year-olds who are at risk of school failure. This program serves over 146 children across 11 sites in Franklin County during the 2021-2022 academic year, utilizing criteria and service priority stipulated by the NC State Legislature.
Official website here: www.fgvsmartstart.org
Who is the CEO of Franklin Granville Vance Smart Start Inc?
Dr Tony W Cozart is the Executive Di of Franklin Granville Vance Smart Start Inc.
Official website here: www.fgvsmartstart.org
What is the revenue of Franklin Granville Vance Smart Start Inc?
Franklin Granville Vance Smart Start Inc's revenue in 2023 was $2,367,451.
Official website here: www.fgvsmartstart.org
Who are the executives of Franklin Granville Vance Smart Start Inc and what are their salaries?
The average compensation at Franklin Granville Vance Smart Start Inc during 2023 was $47,476. There are 18 employees and 58 volunteers at Franklin Granville Vance Smart Start Inc.
Here are 17 key members and their salaries:
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Official website here: www.fgvsmartstart.org
Where can I find the form 990 for Franklin Granville Vance Smart Start Inc?
Franklin Granville Vance Smart Start Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fgvsmartstart.org
Learn more at the official website: www.fgvsmartstart.org
Mission Statement of Franklin Granville Vance Smart Start Inc
Franklin Granville Vance Smart Start Inc's mission is centered around advocating for and advancing a robust, comprehensive, and accountable system of care and education for children aged 0-5. Their ultimate goal is to establish a strong foundation for these children, setting them up for a productive and successful life. By doing so, they aim to prepare these children to enter school ready and equipped with the skills necessary to learn effectively. The North Carolina Pre-K program, funded by Franklin Granville Vance Smart Start Inc, provides child care slots for at-risk four-year-old children who are at risk of school failure. The eligibility criteria and service priority for children to receive service are determined by the North Carolina State Legislature. During the 2021-2022 school year, this program served over 146 children at 11 sites in Franklin County.
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Impact
July, 2024
Franklin Granville Vance Smart Start Inc's impact lies in advancing and advocating for a high-quality, comprehensive system of care and education for children aged 0-5. By focusing on preparing children to enter school ready and able to learn, this organization plays a vital role in building a foundation for a productive and successful life for these young individuals. Through initiatives like the NC Pre-K Program, which provides child care slots for at-risk four-year-old children, Franklin Granville Vance Smart Start Inc positively impacts the lives of over 146 children in Franklin County, NC. This commitment to early childhood education and care contributes to the overall well-being and development of children in the community.
This information is meant to be a general summary of Franklin Granville Vance Smart Start Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,910
- Program Service Revenue: $3,203
- Gross Receipts: $2,372,138
Assets and Liabilities:
- Total Assets: $319,999
- Total Liabilities: $298,251
- Net Assets: $21,748
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE PROVIDER TRAINING FEE
Revenue
$3,203
Organization Details
Founding Year
1996
Phone
(252) 433-9110Principal Officer
Dr Tony W Cozart
Main Address
125 CHARLES ROLLINS ROAD-POBOX 142, HENDERSON, NC, 27536
Website
www.fgvsmartstart.orgNTEE Category
Code: P00L - Human services
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