Burke County Smart Start INC EIN 56-1852721 Form 990 (PDF) Claim this org

Burke County Smart Start INC FY2020 filing

Not yet claimed Claim this org →

Provides early childhood education and developmental services for children and families. For fiscal year 2020 it reported $3.9M in revenue, $3.9M in expenses, and $97K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Morganton, NC
Website
www.smartstartkids.org
Filings
5 on file (2020–2020)
Revenue
$3.9MFY2020
Expenses
$3.9M
Net assets
$97K
People
19
Filings
5
Updates
0
More identity details & actions ⌄
EIN  56-1852721 Public charity (501(c)(3)) Morganton, NC
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Figures match the IRS filing checked 8/23/26 · see original: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Burke County Smart Start INC claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Provides early childhood education and developmental services for children and families.
Leadership
Kathy Smith · Executive Director · $63K
Money in and out
$3.9M revenue, $3.9M expenses
Bottom line
94% program efficiency
Where the money goes · FY2020
Total revenue
$3.9M
Pt VIII · Ln 12
Total expenses
$3.9M
Pt IX · Ln 25
Net assets
$97K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+0.2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$3.9M
FY2020
Expenses
$3.9M
FY2020
Total assets
$128K
FY2020
Total liabilities
$31K
FY2020
Total revenue
$3.9M
Pt VIII · Ln 12
Total expenses
$3.9M
Pt IX · Ln 25
Net assets
$97K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$128K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418
Mission & Programs · Part III

Where the work happens

3 program services account for $3.7M of program spending, described in the organization's own filed words · FY2019.
01

Nc Pre K

Development and implementation of NC pre k prekindergarten program for at-risk four-year-olds who are at risk of failure in kindergarten. The goal is to provide quality prekindergarten services in order to enhance kindergarten readiness. 389 children served in 29 classrooms at 19 sites located in burke county.

$2.1Mprogram expense
02

Child care and education affordability included the step program and the quality bonus for non-subsidized children program. The step program was a part time program conducted by burke county public schools. Classrooms serving 227 children at 3 sites in burke county.

$872Kprogram expense
03

Child Care and Education Quality

Child care resource and referral services, health care benefits for child care providers and dual subsidy tanf payments to enhance the quality of child care facilities. Health insurance benefits provided to 112 child care providers in 8 child care facilities and 5 child care home centers with 85% in 4 or 5 star facilities providing…

$676Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBurke County Smart Start INC
EINHdr · item D56-1852721
Principal addressHdr · item CMorganton, NC
WebsiteHdr · item Jwww.smartstartkids.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B012)
Ruling yearIRS BMFFeb 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$63,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kathy Smith’s $73K as Executive Director is at the 15th percentile of top reported officer pay among 3393 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Kathy Smith$73,159$70,159$71,174$64,260$63,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Burke County Smart Start INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$3.9M
Investment income$3K
Other revenue$2K
— government grantsLn 1e$3.9M
Total revenueLn 12$3.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$3.7M
Management & general6%$225K
Total functional expensesLn 25$3.9M

Balance Sheet

Part X · end of year
CashLn 1$81K
Total assetsLn 16$128K
Total liabilitiesLn 26$31K
Total net assetsLn 32$97K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $125K · Operating expenses/yr $3.9M
0.4 months
Where the money goes
Program services
Program services $3.7M · Total expenses $3.9M
94%
Management & General
Management & general $225K · Total expenses $3.9M
6%
Fundraising
Fundraising $0 · Total expenses $3.9M
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $3K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3.9M · Total revenue $3.9M
100%
Government reliance
Government grants $3.9M · Total revenue $3.9M
100%
Earned-income share
Program service revenue $0 · Total revenue $3.9M
0%
Investment reliance
Investment income $3K · Total revenue $3.9M
+0.07%
Program self-sufficiency
Program service revenue $0 · Total expenses $3.9M
0%
Growth & trend
Revenue growth (YoY)
This year $3.9M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $97K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.9M · Expenses $3.9M
+0.2%
Liabilities-to-Assets
Total liabilities — · Total assets $128K
Net-asset ratio
Net assets $97K · Total assets $128K
75%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $44K · Total assets (Pt X, ln 16) $128K
34%
People & payroll
Highest Reported Total Compensation
Individual Kathy Smith · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $63K · Total expenses $3.9M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $275K · Total expenses $3.9M
7%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0%
Accounting fee ratio 0.04%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 37 grants · $19.4M · 2019–2024
Burke County Public SchoolFY2024$1,581,351
Creative Beginnings LLCFY2024$574,883
Giggles & Grins 3 Child Care & Learning CenterFY2024$99,222
Giggles & Grins Childcare Learning CenterFY2024$85,561
Burke County Public SchoolFY2023$1,645,576
Creative Beginnings LLCFY2023$256,856
Giggles & Grins Childcare Learning CenterFY2023$117,465
Giggles & Grins 3 Child Care & Learning CenterFY2023$86,453
Unitemized GrantFY2023$9,750
Burke County Public SchoolFY2022$1,588,510
See all 37 grants →

Similar Organizations

Closest in mission — by what they do
See all organizations like Burke County Smart Start INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$5.0M revenue · ⤓ 990 PDF
FY2024$4.4M revenue · ⤓ 990 PDF
FY2023$4.1M revenue · ⤓ 990 PDF
FY2022not on file
FY2021$4.3M revenue · ⤓ 990 PDF
FY2020$3.9M revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.