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Smart Start of Forsyth County

Winston Salem, NC · EIN 56-1899564 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Smart Start of Forsyth County reported $10.8 million in revenue and $10.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $95.07 went to program services, $4.47 to management and general costs and $0.46 to fundraising. Its largest source of revenue was contributions and grants: 99.7% of the total. Government grants made up 98.2%. The highest compensation it reported for one person was $165,223 (Chief Executive Officer). 1 person received more than $100,000 in reportable compensation. Revenue rose 31% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11M

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

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
95.1%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
4.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.5%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
99.7%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
98.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$165,223$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.54%1.28%
People paid over $100,000
Part VII, line 2
18
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.013.3
Independent voting board members
Part VI 1a–1b
16 of 19100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$2.2M expenses · 21.6% of program spending · grants $2.2M

NCPREK (2348):NC Pre-K The NC pre-kindergarten program is a high quality pre-k program that serves children who are at risk and prepares them for success in school. Pre-kindergarten is a research proven strategy for school readiness. This program served 728 children in public elementary schools, Headstart programs, and both non-profit and for-profit childcare centers. This program also promotes social-emotional growth and eases the transition from preschool to kindergarten

$3.6M expenses · 35.1% of program spending · grants $3.6M

DUAL SUBSIDY (2341 2342): Financial assistance will be paid on a direct per child basis for subsidy for families eligible for Temporary Assistance for Needy Families (TANF) or the Child Care and Development Fund (CCDF). Data will be reported into the state level Smart Start Reporting System (SSRS) on a monthly basis. This activity may include subsidy rate enhancements. Refugee, domestic violence, homelessness, custody issues, separation or divorce, death or illness of a care giver, incarceration, medical issues are specialized target populations for this program.Financial assistance will be…

$763K expenses · 7.5% of program spending · grants $221K

TEACHING AND LEARNING SERVICES (3125): This activity is designed to promote continuous quality improvement of childcare centers and/or family childcare homes. Services provided using Smart Start dollars in this activity may include: Technical Assistance in the form of coaching and modeling provided to early childhood educators working in licensed and/or G.S. 110 child care facilities serving children birth to five years old; Professional Development training in CEU format or as a longer series of 2-hour trainings to support understanding of a complex topic; Community of Practice sessions; and…

$3.6M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Chief Executive Officer
Officer, 40 hrs/week
$157,223$0$8,000$165,223
Chief Financial Officer
Key employee, 40 hrs/week
$94,198$0$4,818$99,016

1 people received more than $100,000 in reportable compensation from Smart Start of Forsyth County (Part VII, line 2). Compensation of current officers, directors and key employees totaled $263K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$11M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$11M95.1%$18,178$165,223
FY2024 ⓘ$11M$11M93.8%−$18,770$153,538
FY2023 ⓘ$9.4M$9.7M93.3%$129K$127,660
FY2022 ⓘ$9.9M$9.5M92.9%$372K$124,002
FY2021 ⓘ$8.1M$8.5M94.0%$38,287$102,665
FY2020 ⓘ$8.2M$8.1M95.0%$369K$55,928

Governance answers, as filed

FY2025 · 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–1b19 · 16 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 540
  • Volunteers Part I, line 639

Private foundation grants it received

2 private foundations reported grants to Smart Start of Forsyth County totaling $75,089 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 Smart Start of Forsyth County's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Smart Start of Forsyth County, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in North Carolina

Questions people ask

How much of Smart Start of Forsyth County's spending goes to programs?

In the fiscal year ending June 30, 2025, Smart Start of Forsyth County reported that 95.1% of its $10.7 million in expenses went to program services, 4.5% to management and general and 0.5% to fundraising (Form 990, Part IX).

How much does Smart Start of Forsyth County pay its top executive?

The largest total compensation Smart Start of Forsyth County reported for one person in the fiscal year ending June 30, 2025 was $165,223, for the role of Chief Executive Officer (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Smart Start of Forsyth County get its money?

Of $10.8 million in revenue in the fiscal year ending June 30, 2025, 99.7% came from contributions and grants (including 98.2% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Smart Start of Forsyth County a registered charity?

The IRS lists EIN 56-1899564 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620909349301412 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501299349302300 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441239349301959 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311329349303006 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202143079349301299 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349304088 · read the filing

All filings for EIN 56-1899564: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.