Get Ready Guilford EIN 92-2360261

Get Ready Guilford

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Manages funds for programs supporting young children and families for kindergarten readiness. For fiscal year 2024 it reported $12.3M in revenue, $11.4M in expenses, and $1.2M in net assets.Pt I

Founded
2023
Type
Supporting organization · Education
Location
Greensboro, NC
Website
getreadyguilford.org
Filings
2 on file (2023–2024)
Revenue
$12.3MFY2024
Expenses
$11.4M
Net assets
$1.2M
People
6
Filings
2
Updates
0
More identity details & actions ⌄
EIN  92-2360261 Supporting organization Greensboro, NC Founded 2023
Form 990 (PDF)
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Size
$10–100M
What they do
Manages funds for programs supporting young children and families for kindergarten readiness.
Leadership
Dr Harold Martin · Co-Chair
Money in and out
$12.3M revenue, $11.4M expenses
Bottom line
+8% net inflow
Money in and out · FY2024
Total revenue
$12.3M
Pt VIII · Ln 12
Total expenses
$11.4M
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $979K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00 Fundraising $0.00
Net inflow
+8%
revenue over expenses, this year▼ -9% vs prior filing year
Pass-through gifts
99%
of revenue from contributions-0.4% vs prior filing year
Program spending
100%
of expenses reach stated programs>-0.01% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$12.3M
FY2024▲ +498%
Expenses
$11.4M
FY2024▲ +503%
Total assets
$1.6M
FY2024▼ -21%
Total liabilities
$472K
FY2024▼ -75%
Total revenue
$12.3M
Pt VIII · Ln 12
Total expenses
$11.4M
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$979K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $11.3M of program spending, described in the organization's own filed words · FY2024.
01

Building a system of carethis program aims to create a coordinated network of services that ensures all families have access to the resources they need. The central initiative of this program is routes to ready, which uses navigators, child development specialists, and nurses in health care and community settings to universally reach…

$8.5Mprogram expense
02

Change systems and build public willthis program focuses on creating long-term systemic change by building public support for I ncreasing access to quality services, often via public policy changes.

$2.0Mprogram expense
03

Expand and improve programsthis effort seeks to assess and scale up proven programs, enhancing their ability to meet the needs of the families identified by routes to ready. It emphasizes strengthening both existing programs and organizations, ensuring they are well-equipped to serve children and families EFFECTIVELY.EXPANDING…

$863Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGet Ready Guilford
EINHdr · item D92-2360261
Principal addressHdr · item CGreensboro, NC
WebsiteHdr · item Jgetreadyguilford.org
Year of formationHdr · item L2023
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B11)
Ruling yearIRS BMFMar 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Co-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Outgoing Chief Executive Officer
$0Pt VII · Sec A
Incoming Chief Executive Officer
$0Pt VII · Sec A
See Get Ready Guilford executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$12.2M · 99%
Investment income$85K · 1%
Contributions & grants99%$12.2M
Investment income1%$85K
Total revenueLn 12$12.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00 Fundraising $0.00
Program services100%$11.3M
Management & general$509
Fundraising$383
Total functional expensesLn 25$11.4M

Balance Sheet

Part X · end of year
CashLn 1$1.6M
Total assetsLn 16$1.6M
Total liabilitiesLn 26$472K
Total net assetsLn 32$1.2M
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.6M · Operating expenses/yr $11.4M
1.7 months
Where the money goes
Program services
Program services $11.3M · Total expenses $11.4M
100%
Management & General
Management & general $509 · Total expenses $11.4M
<0.01%
Fundraising
Fundraising $383 · Total expenses $11.4M
<0.01%
Cost to raise $1
Fundraising expense (2-yr avg) $192 · Solicited contributions (2-yr avg) $7.1M
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $12.2M · Total revenue $12.3M
99%
Government reliance
Government grants — · Total revenue $12.3M
Earned-income share
Program service revenue $0 · Total revenue $12.3M
0%
Investment reliance
Investment income $85K · Total revenue $12.3M
+0.7%
Program self-sufficiency
Program service revenue $0 · Total expenses $11.4M
0%
Growth & trend
Revenue growth (YoY)
This year $12.3M · Prior year $2.1M
+498%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $12.3M · Expenses $11.4M
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
Net-asset ratio
Net assets $1.2M · Total assets $1.6M
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dr Harold Martin · Reported title CO-CHAIR · Highest reported compensation $0 · Total expenses $11.4M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $11.4M
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio <0.01%
Fundraising cost ratio <0.01%
Revenue growth 498%

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
The Duke EndowmentFY2024$12.1M
Total grants receivedfrom 2 funders$12.2M
Grants paid · 27 grants · $10.7M · 2023–2024
Ready for School Ready for LifeNC · FY2024$2,017,775
Children and Families FirstNC · FY2024$1,426,266
Guilford County Department of Health and Human ServicesFY2024$1,407,416
Reading Connections INCNC · FY2024$88,750
Reach Out and Read INCMA · FY2024$73,790
Uncg Contract & Grant AccountingFY2024$42,390
Book HarvestNC · FY2024$41,624
Kellin FoundationNC · FY2024$39,510
D-Up INCNC · FY2024$25,000
Scholastic INC EducationFY2024$11,194
See all 27 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$12.3M revenue · viewing · ⤓ 990 PDF
FY2023$2.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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