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Nonprofiteer
← ROWAN COUNTY CROSBY SCHOLARS COMMUNITY PARTNERSHIP

Form 990 for tax year 2023

Filed by ROWAN COUNTY CROSBY SCHOLARS COMMUNITY PARTNERSHIP.

Totals

Total revenue
$1,420,800
Total expenses
$820,043
Contributions and grants received
$952,580
Grants paid
$230,500
Program service revenue
$0
Investment income
$440,321
Other revenue
$27,899
Total assets, end of year
$3,702,878
Total liabilities, end of year
$94,587
Net assets or fund balances, end of year
$3,608,291
Program services expenses (Part IX)
$572,821
Management and general expenses
$142,256
Fundraising expenses
$104,966
Program service expenses (Part III)
$572,821

Program services were 69.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $552,504

  • 1f · All other contributions, gifts and grants

    $400,076

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $440,321

  • 7c · Gain or loss

    securities $440,321 · other assets $0

  • 7d · Net gain or loss

    total $440,321 · related or exempt $440,321

  • 8a · Fundraising events: gross income

    $45,366

  • 8b · Fundraising events: direct expenses

    $17,467

  • 8c · Net income from fundraising events

    total $27,899 · excluded $27,899

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $230,500 · program services $230,500

  • 5 · Compensation of officers, directors and key employees

    total $81,504 · program services $20,377 · management and general $40,750 · fundraising $20,377

  • 7 · Other salaries and wages

    total $254,280 · program services $114,426 · management and general $76,284 · fundraising $63,570

  • 9 · Other employee benefits

    total $58,879 · program services $26,496 · management and general $17,663 · fundraising $14,720

  • 10 · Payroll taxes

    total $25,197 · program services $11,339 · management and general $7,559 · fundraising $6,299

  • 11f · Fees: investment management

    total $20,693 · program services $20,693

  • 11g · Fees: other

    total $72,901 · program services $72,901 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $5,335 · program services $5,335

  • 13 · Office expenses

    total $41,861 · program services $41,861

  • 16 · Occupancy

    total $3,273 · program services $3,273

  • 17 · Travel

    total $11,037 · program services $11,037

  • 19 · Conferences, conventions and meetings

    total $10,977 · program services $10,977

  • 24a · Other expenses: Dues and Subscriptions

    total $3,606 · program services $3,606

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $255,056 · end of year $240,400

  • 3 · Pledges and grants receivable

    beginning of year $3,000 · end of year $0

  • 4 · Accounts receivable

    beginning of year $46,500 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $2,867,905 · end of year $3,462,478

  • 17 · Accounts payable and accrued expenses

    beginning of year $164,927 · end of year $94,587

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $2,987,890 · end of year $3,526,868

  • 28 · Net assets with donor restrictions

    beginning of year $19,644 · end of year $81,423

Mission and programs · 2023

Mission

TO ASSIST PUBLIC MIDDLE AND HIGH SCHOOL STUDENTS IN ROWAN COUNTY IN PREPARING THEMSELVES FOR SUCCESSFUL COLLEGE ENROLLMENT.

Activities or mission (Part I)

ASSIST PUBLIC MIDDLE AND HIGH SCHOOL STUDENTS IN ROWAN COUNTY IN PREPARING FOR COLLEGE ENROLLMENT.

  • This is a college access program through which public school students begin to prepare academically, financially, and personally for successful college admission as early as middle school. We are partnered with Goodwill Industries of Northwest North Carolina and modeled after the successful Crosby Scholars Community Partnership in Forsyth County, which graduates 100% of its seniors and sends 98% of its graduates on to access post-secondary education. Every public middle 6th-10th grade student in Rowan County is eligible to join our program. Students must fulfill a number of requirements each year in order to remain active in the Crosby Scholars program. All students must strive to maintain at least a 2.0 GPA, attend a Crosby Academy workshop, complete community service hours, and follow school policies (i.e., no out-of-school suspensions). High school students also must agree to remain drug and alcohol free, by participating in a random drug screening program, and attend a college fair or visit four college campuses. Students have the option of participating in additional college preparation meetings which are led by staff. Students who complete all of the requirements each year automatically stay in the program as they progress through to high school graduation. Enrollment in 2023 totaled 1,765 students. Of those, 1,193 students received credit for attending one or more of our academy workshops. Community service hours were submitted by 1,120 of our students, who combined recorded over 6,345 hours of volunteer work. Our program provides college access training to parents, guardians, and volunteers so that each senior has a 1:1 advisor to meet with throughout the school year for assistance with the college process. In addition to the individual meetings, senior academy workshops were held to help with essay writing, college applications, standardized test taking, understanding financial aid, and general preparation for the freshman year of college. Approximately 40% of our graduates are first in their family to access college. To date, the Rowan County Crosby Scholars program has graduated over 1,417 seniors.

    Expenses $572,821 · Grants $230,500 · Revenue $440,321

As filed on the 2023 return.

Listed in Part VII

  • Allison Kee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Barbara Maida-Stolle

    DIRECTOR, EX-OFFICIO

    Total calculated
    $480,499
    From this org
    $0
    From related orgs
    $427,132
    Other
    $53,367
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $376,991 related
    Bonus
    $0 + $42,005 related
    Other
    $0 + $8,136 related
    Deferred
    $0 + $39,506 related
    Nontaxable benefits
    $0 + $13,861 related
    Filer's total
    $0 + $480,499 related

  • Delores Morris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Drew Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Fernanda Jaro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jessica Cloward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jordi Roman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Judy McLaughlin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kelly Withers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Maria Delgado

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mike Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mona Lovett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Shonda Hairston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Susie Ritchie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Timothy Bates

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Veronica Rankin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Windsor Eagle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gwin Barr

    DIRECTOR, VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jessica Vess

    EXECUTIVE DIRECTOR

    Total calculated
    $81,504
    From this org
    $60,554
    From related orgs
    $0
    Other
    $20,950
    Hours/week
    40

  • Kathy Rusher

    DIRECTOR, CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Michael Quillen

    DIRECTOR, SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Thomas Runser

    TREASURER

    Total calculated
    $169,833
    From this org
    $0
    From related orgs
    $137,189
    Other
    $32,644
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $136,281 related
    Bonus
    $0
    Other
    $0 + $908 related
    Deferred
    $0 + $18,330 related
    Nontaxable benefits
    $0 + $14,314 related
    Filer's total
    $0 + $169,833 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202443209349306294

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