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Baptist Children's Homes of North Carolina

Thomasville, NC · EIN 56-0547499 · 501(c)(3) · Church
Latest filing: Form 990 for the fiscal year ending September 30, 2024 (tax year 2023) · View the filing · Correct or respond

Baptist Children's Homes of North Carolina reported $41.7 million in revenue and $39.1 million in expenses for the fiscal year ending September 30, 2024. Of every $100 it spent, $88.89 went to program services, $4.92 to management and general costs and $6.19 to fundraising. Its largest source of revenue was contributions and grants: 61.1% of the total. The highest compensation it reported for one person was $402,464 (FORMER PRESIDENT). 9 people received more than $100,000 in reportable compensation. Revenue rose 51% between FY2020 and FY2024. Source: Form 990, FY2024.

Where $100 of spending went

The fiscal year ending September 30, 2024 · Form 990, Part IX, line 25 · total expenses $39M

For context, the median across 290 covered religion-related charities: $88.39 programs, $9.62 management, $1.99 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2024 · Form 990, Part VIII · total revenue $42M

The 990 scorecard · same measures for every charity, no grades

FY2024 filing. Median across 290 covered charities in this category, from their latest filings.
MeasureFY2024Median
Program services
Part IX 25(B) ÷ 25(A)
88.9%86.0%
Management & general
Part IX 25(C) ÷ 25(A)
4.9%9.4%
Fundraising
Part IX 25(D) ÷ 25(A)
6.2%1.9%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.09$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
61.1%83.4%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
30.8%2.3%
Highest reported compensation
Part VII-A, columns D–F
$402,464$276,040
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.03%1.40%
People paid over $100,000
Part VII, line 2
94
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
25.712.7
Independent voting board members
Part VI 1a–1b
31 of 3190.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2024 · Form 990, Part III · the three largest programs by expense
$13M expenses · 37.1% of program spending · revenue $13M

Residential services- a total of 345 children and 936 families were provided residential services through this program. Residential services provide care for school age children. A safe caring environment is provided to children who have been abused, neglected or abandoned. We use an evidenced based model of care from cornell university called care (children and residential experiences), and a therapeutic crisis intervention model called tci. Both focus on being trauma informed, family involved, developmental focused, ecologically oriented, relationship based, competence centered

$5.6M expenses · 16.0% of program spending

Family foster care - we have surpassed our goal of 100 foster families and 100 children foster families this past year. At the present we have 157 foster homes and 151 children in care. We have licensed over 316 foster homes and served over 400 children. Baptist Children's homes trains and licenses level one foster homes to care for children who have been abused and neglected. These children need a home, they deserve a family, and they desire to feel valued and loved. Our foster homes have the opportunity to be that family for a boy or girl that has no permanent home. Our foster homes serve…

$5.0M expenses · 14.4% of program spending · grants $761K

Christian adoption services - the ability to aid families with domestic, foster to adopt, kinship, and international adoptions. This year 43 children were placed in loving homes, 243 birth mothers were counseled and 8 birth mothers accepted christ! Foster to adopt church partnership: the number of churches partnering with bch to impact the lives of children in their communities through foster care and adoption is growing. Bch provides training and licensing classes to couples who desire to become foster parents at participating churches. Through foster parenting they can eventually seek…

$11M all other programs (line 4d)

Highest reported compensation

FY2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
FORMER PRESIDENT
Former, 50.00 hrs/week
$360,393$0$42,071$402,464
INTERIM CEO/COO
Officer, 50.00 hrs/week
$186,098$0$35,811$221,909
INTERIM CEO/EVP
Officer, 50.00 hrs/week
$157,951$0$28,118$186,069
TREASURER
Officer, 50.00 hrs/week
$153,984$0$17,927$171,911
SENIOR VICE PRESIDENT
Officer, 50.00 hrs/week
$133,277$0$32,523$165,800
DEVELOPMENT DIRECTOR
Highest compensated employee, 50.00 hrs/week
$134,751$0$27,838$162,589
COTTAGE MINISTRIES DIRECTOR
Highest compensated employee, 50.00 hrs/week
$129,117$0$24,684$153,801
VICE PRESIDENT
Officer, 50.00 hrs/week
$108,539$0$27,345$135,884

9 people received more than $100,000 in reportable compensation from Baptist Children's Homes of North Carolina (Part VII, line 2). Compensation of current officers, directors and key employees totaled $777K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024$42M$39M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2024 ⓘ$42M$39M88.9%$84M$402,464
FY2023 ⓘ$38M$36M89.1%$74M$358,543
FY2022 ⓘ$37M$31M88.6%$69M$383,881
FY2021 ⓘ$41M$29M89.4%$71M$377,720
FY2020 ⓘ$28M$26M87.9%$55M$338,828

Governance answers, as filed

FY2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b31 · 31 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5419
  • Volunteers Part I, line 610,000

Largest outside contractors

FY2024 · Form 990, Part VII, Section B · businesses only
NORTH POINT CUSTOM BUILDERS
Construction
$726,114
KNIGHT SERVICES INC
Lawn care service
$172,396
PATRIOT SYSTEMS LLC
Security services
$118,220
SCHELL BRAY PLLC
Legal
$115,611

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

22 private foundations reported grants to Baptist Children's Homes of North Carolina totaling $415K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Baptist Children's Homes of North Carolina's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Baptist Children's Homes of North Carolina, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All religion-related charities · Largest charities in North Carolina

Questions people ask

How much of Baptist Children's Homes of North Carolina's spending goes to programs?

In the fiscal year ending September 30, 2024, Baptist Children's Homes of North Carolina reported that 88.9% of its $39.1 million in expenses went to program services, 4.9% to management and general and 6.2% to fundraising (Form 990, Part IX).

How much does Baptist Children's Homes of North Carolina pay its top executive?

The largest total compensation Baptist Children's Homes of North Carolina reported for one person in the fiscal year ending September 30, 2024 was $402,464, for the role of FORMER PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Baptist Children's Homes of North Carolina get its money?

Of $41.7 million in revenue in the fiscal year ending September 30, 2024, 61.1% came from contributions and grants and 30.8% from program service revenue (Form 990, Part VIII).

Is Baptist Children's Homes of North Carolina a registered charity?

The IRS lists EIN 56-0547499 as a 501(c)(3) organization (church), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542249349301624 · read the filing · XML
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202401929349301855 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202310539349301421 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202240689349300119 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202130589349300113 · read the filing

All filings for EIN 56-0547499: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.