Smart Start Of Forsyth County is located in Winston Salem, NC. The organization was established in 1995. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Smart Start Of Forsyth County employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smart Start Of Forsyth County is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Smart Start Of Forsyth County generated $8.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $8.5m during the year ending 06/2021. While expenses have increased by 2.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Smart Start Of Forsyth County has awarded 224 individual grants totaling $29,998,009. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE EQUITABLE ACCESS TO QUALITY, COMPREHENSIVE EARLY CHILDHOOD DEVELOPMENT AND EDUCATION IN RESPONSE TO THE NEEDS OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NCPREK (2348):THE NC PRE-K PROGRAM IS A HIGH-QUALITY PROGRAM THAT SERVES AT RISK CHILDREN, IN FORSYTH COUNTY, TO ENSURE THEY ARE SCHOOL READY UPON ENTERING INTO KINDERGARTEN. THE NC PRE-K PROGRAM SERVED 805 FOUR-YEAR OLD CHILDREN IN THE PUBLIC SCHOOLS, HEAD START PROGRAM, AND PRIVATE CHILD CARE CENTERS (FOR PROFIT AND NOT FOR PROFIT).
DUAL SUBSIDY (2341): 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 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.
TEACHING AND LEARNING SERVICES (3125): CHILD CARE RESOURCE CENTER (CCRC) WILL OFFER THE STARS AND BEYOND PROGRAM TO FAMILY CHILD CARE HOMES IN FORSYTH COUNTY LICENSED TO SERVE CHILDREN BIRTH TO FIVE TO IMPROVE QUALITY OR INCREASE TO OR MAINTAIN A FOUR OR FIVE STAR-RATED LICENSE. FACILITIES MUST BE WILLING TO ENROLL SUBSIDIZED CHILDREN. SERVICES MAY INCLUDE TECHNICAL ASSISTANCE AND COACHING, CONTINUING EDUCATION CREDIT (CEU) TRAINING(S), AND UNOFFICIAL FAMILY CHILD CARE ENVIRONMENT RATING SCALE (FCCERS-R) ASSESSMENTS TO DEVELOP CUSTOMIZED QUALITY IMPROVEMENT PLANS. FCCHS, UP FOR RE-LICENSURE, MAY RECEIVE A GRANT TO PURCHASE EQUIPMENT AND MATERIALS IDENTIFIED THROUGH AN UNOFFICIAL FCCERS-R ASSESSMENT IF FUNDS PERMIT. COMMUNITIES OF PRACTICE (COP) MAY BE FACILITATED AT THE CCRC OFFICE TO DEEPEN UNDERSTANDING AND BUILD SKILLS FOR CURRICULUM IMPLEMENTATION. SMALL INCENTIVES MAY ALSO BE PROVIDED FOR PARTICIPATION IN THE COP. STAFF POSITIONS, MEETINGS, MEALS FOR COPS AND CEU TRAININGS, AND SERVICE RELATED MATERIALS MAY BE SUPPORTED BY THIS ACTIVITY. SMART START OF FORSYTH COUNTY WILL PROVIDE TEACHING AND LEARNING SERVICES (TLS) TO EARLY CHILDHOOD EDUCATORS IN CENTERS SERVING CHILDREN BIRTH TO FIVE IN FORSYTH COUNTY TO (1) INCREASE LICENSURE STATUS OF ELIGIBLE GS 110-106, TEMPORARY, ONE, TWO, THREE AND FOUR STAR CENTERS; (2) MAINTAIN LICENSURE STATUS OF FIVE STAR CENTERS; (3) OFFER LEADERSHIP DEVELOPMENT FOR ADMINISTRATORS IN CENTERS TO IMPROVE IMPLEMENTATION OF PROGRAM AND BUSINESS PRACTICES. ELIGIBLE CENTERS MUST BE WILLING TO ENROLL SUBSIDIZED CHILDREN. TEACHING AND LEARNING SERVICES WILL INCLUDE: CURRICULUM AND BEHAVIORAL SUPPORT, COACHING, WORKSHOPS, ENVIRONMENTAL RATING SCALE AND CLASSROOM ASSESSMENTS. NON-CASH INCENTIVES WILL BE ISSUED TO CENTERS MEETING REQUIRED CRITERIA TO INCREASE THEIR STAR RATINGS. CASH INCENTIVES AND EDUCATION BONUSES WILL BE PAID TO ELIGIBLE EARLY CHILDHOOD EDUCATORS AND CENTERS FOR THE MAINTENANCE OF 5-STARS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Louis Finney Chief Executive Officer | OfficerTrustee | 40 | $91,299 |
Sabrina Simpson Chief Financial Officer From Dec 2020 | Officer | 40 | $1,798 |
Sheryll Strode Board Chair | OfficerTrustee | 0.04 | $0 |
Reggie Mccaskill Board Vice Chair | OfficerTrustee | 0.04 | $0 |
Tembila Convington Secretary | OfficerTrustee | 0.04 | $0 |
Bennett Bruff Finance Committee Chair/treasurer | OfficerTrustee | 0.05 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,123,309 |
Investment income | $977 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,124,286 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $106,106 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $950,284 |
Pension plan accruals and contributions | $58,875 |
Other employee benefits | $146,729 |
Payroll taxes | $80,925 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,010 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $133,704 |
Advertising and promotion | $19,882 |
Office expenses | $85,900 |
Information technology | $18,501 |
Royalties | $0 |
Occupancy | $163,713 |
Travel | $1,981 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $28,964 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $13,487 |
All other expenses | $0 |
Total functional expenses | $8,455,464 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $354,262 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $15,517 |
Total assets | $369,779 |
Accounts payable and accrued expenses | $331,492 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $331,492 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $38,287 |
Over the last fiscal year, Smart Start Of Forsyth County has awarded $6,576,081 in support to 60 organizations.
Grant Recipient | Amount |
---|---|
WINSTON SALEM FORSYTH COUNTY SCHOOLS PURPOSE: NCPK CCS | $1,961,172 |
Winstonsalem, NC PURPOSE: NCPK CCS | $352,618 |
NORTH POINT ACADEMY PURPOSE: NCPK CCS | $340,015 |
Winstonsalem, NC PURPOSE: NCPK CCS | $331,194 |
CHILDCARE NETWORK KERNERSVILLE PURPOSE: NCPK CCS | $302,715 |
CHURCH CHILD CARE CENTER PURPOSE: NCPK CCS | $283,641 |
Over the last fiscal year, we have identified 1 grants that Smart Start Of Forsyth County has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Goodwill Industries Of Nw North Carolina Inc Winstonsalem, NC PURPOSE: SUPPORTING CHARITABLE ORGANIZATIONS WITH MISSIONS THAT COMPLEMENT GOODWILL | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Wake County Smartstart Raleigh, NC | $3,415,796 | $19,658,248 |
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
Montessori School Of Raleigh Inc Raleigh, NC | $11,662,431 | $8,380,387 |
Smart Start Of Forsyth County Winston Salem, NC | $369,779 | $8,124,286 |
Caldwell Academy Greensboro, NC | $20,742,733 | $8,088,099 |
The Augusta Preparatory Day School Martinez, GA | $25,344,401 | $14,944,838 |
High Meadows School Inc Roswell, GA | $15,794,704 | $8,144,978 |
Niswonger Foundation Greeneville, TN | $22,434,674 | $9,108,493 |
Richmond Montessori School Inc Richmond, VA | $10,937,942 | $7,480,859 |
Clarksville Academy Clarksville, TN | $6,723,954 | $6,391,160 |