2026-01-13T10:43:18-06:00 2025-06-30 561758856 MAST EVANS & ISENHOUR LLP P O BOX 1029 CONOVER NC 286131029 990 2024-07-01 582185898 MONTGOMERY COUNTY PARTNERSHIP FOR CHILDREN INC MONT 9105762363 404A NORTH MAIN STREET TROY NC 27371 DEBORAH MUSIKA EXECUTIVE DIRECTOR 9105762363 2026-01-13 1 0 DONALD D ISENHOUR P00128276 8284642812 2026-01-13 2024 2025-03-06 01:10:19Z DEBORAH MUSIKA 404A NORTH MAIN STREET TROY NC 27371 528262 0 X BRIGHTERFUTURES.ORG X 1994 NC TO DEVELOP AND IMPLEMENT STRATEGIES THAT WILL IMPROVE THE EDUCATION, HEALTH, AND WELL-BEING OF YOUNG CHILDREN & THEIR FAMILIES IN MONTGOMERY COUNTY, NORTH CAROLINA. 11 11 3 15 0 0 487880 519911 2641 5238 6 6 1793 3107 492320 528262 194500 204528 0 0 186425 214137 0 0 0 128120 120826 509045 539491 -16725 -11229 444259 400936 32094 0 412165 400936 X TO DEVELOP AND IMPLEMENT STRATEGIES THAT WILL IMPROVE THE EDUCATION, HEALTH, AND WELL-BEING OF YOUNG CHILDREN AND THEIR FAMILIES IN MONTGOMERY COUNTY, NORTH CAROLINA. 0 0 165838 23411 CHILD CARE AND EDUCATION QUALITY INCLUDED CHILD CARE RESOURCE AND REFERRAL, CHILD CARE CENTRAL/RESOURCE LENDING LIBRARY, AND EDUCATIONAL INCENTIVE SUPPLEMENTS PROGRAMS.CHILD CARE RESOURCE AND REFERRAL (CCR&R) IS AN ACTIVITY ALIGNED WITH THE NORTH CAROLINA CCR&R SYSTEM AND WILL PARTICIPATE WITH, AND REPORT DATA TO, THE DESIGNATED CCR&R REGION. SERVICES THAT ARE PROVIDED USING SMART START DOLLARS IN THIS ACTIVTIY INCLUDE: (1) TRAINING FOR CHILD CARE PROVIDERS: TRAINING FOR DCDEE CREDIT HOURS PROVIDED ON CHILD CARE RELATED TOPICS AND COORDINATION OF CEU OPPORTUNITIES. (2) CONSUMER EDUCATION: INFORMATION AND/OR EDUCATION TO FAMILES ABOUT QUALITY CHILD CARE. (3) KINDERGARTEN TRANSITION: STAFF PARTICIPATION AND COORDINATION OF LOCAL SCHOOL-READINESS EFFORTS.SMART START FUNDS MAY BE USED TO COVER EXPENSES FOR PROVIDER TRAININGS, DIRECTORS'/STAKEHOLDERS MEETINGS, AND/OR CONSUMER EDUCATION RELATED EVENTS (E.G., ANNUAL MATERNITY FAIR, COMMUNITY FESTIVALS, ETC.) NON-CASH GRANTS AND/OR INCENTIVES OF CLASSROOM EQUIPMENT/MATERIALS/SUPPLIES, HEALTH AND SAFETY SUPPLIES, EARLY LITERACY MATERIALS, SCHOOL-READINESS SUPPLIES, AND/OR PROFESSIONALISM ENHANCEMENTS AND SUPPORTS, MAY BE INCLUDED IN THIS ACTIVITY FOR FACILITIES, CLASSROOOMS, CHILD CARE TEACHERS / ADMINISTRATORS, AND/OR CHILDREN/FAMILIES.THIS ACTIVITY WILL ALSO INCLUDE CHILD CARE CENTRAL RESOURCE LENDING LIBRARY, WHICH WILL OFFER A VARIETY OF MATERIALS TO SUPPORT EARLY CARE AND EDUCATION PROVIDERS, PARENTS/CAREGIVERS, (AND/OR OTHER INDIVIDUALS/PROGRAMS WORKING WITH, AND ON BEHALF OF, YOUNG CHILDREN AND FAMILIES) WITH YOUNG CHILDRENS LEARNING AND DEVELOPMENT. THE LENDING LIBRARY WILL PROVIDE ACCESS TO CHILD DEVELOPMENT RESOURCES AND MATERIALS SUCH AS, BUT NOT LIMITED TO, BOOKS, MANIPULATIVES, REFERNCE MATERIALS, CURRICULUM KITS, ETC. ITEMS FOR CHECK OUT WILL BE AVAILABLE TO LENDING LIBRARY PATRONS, (E.G., EDUCATORS, FAMILES WITH CHILDREN AGES BIRTH TO FIVE YEARS, COLLEGE STUDENTS, EARLY INTERVENTIONISTS, AND OTHERS.). GUIDANCE ON THE APPROPRIATE USE OF MATERIALS MAY BE PROVIDED. THE LENDING LIBRARY WILL ALSO SERVE AS A RESOURCE ROOM WITH ACCESS TO DIE CUTS AND RELATED SUPPLIES (E.G., BULLETIN BOARD AND CONSTRUCTION PAPER, STATIC CLING VINYL, ETC. FOR PURCHASE), LAMINATING MACHINES, STICKER MAKERS, COMB BINDERS, AND PHOTOCOPYING (FOR A FEE.)FY 24-25 ACCOMPLISHMENTS/STATISTICAL DATA:1) NUMBER OF DIRECT TEACHING STAFF WHO ATTEND NON-CREDIT BASED TRAINING OR WORKSHOPS - 892) NUMBER OF SCHOOL READINESS BACKPACKS DISTRIBUTED - 1233) NUMBERS OF ADULTS USING THE RESOURCE LENDING LIBRARY - 884) TOTAL NUMBER OF VISITS TO THE LENDING LIBRARY - 163 THE EDUCATION INCENTIVE SUPPLEMENT (EIS) ACTIVITY PROVIDED MONETARY INCENTIVES FOR CHILD CARE PROVIDERS TO OBTAIN FURTHER EDUCATION AND ENCOURAGE STAFF LONGEVITY. MONTGOMERY COUNTY PARTNERSHIP FOR CHILDREN WILL ADMINISTER THE ACTIVITY AND PAY INCENTIVES TO TEACHERS AND ADMINISTRATORS IN LICENSED CHILD CARE SETTINGS WHO MEET SPECIFIC REQUIREMENTS REGARDING THE SATISFACTORY COMPLETION OF COURSEWORK AT AN ACCREDITED COLLEGE OR UNIVERSITY AND LENGTH OF EMPLOYMENT. INFORMATION ABOUT THE EIS PROGRAM AND RELATED PROFESSIONAL DEVELOPMENT OPPORTUNITIES WILL BE CONVEYED THROUGH INFORMATION PACKETS, GROUP MEETINGS, AND/OR INDIVIDUAL COUNSELING SESSIONS. PROFESSIONAL DEVELOPMENT ASSISTANCE WILL BE AVAILBLE TO ANY CHILD CARE PROVIDER OR ADMINISTRATOR EVEN IF THEY ARE INELIGIBLE FOR EIS PAYMENTS. ASSISTANCE MAY ALSO BE PROVIDED TO ADMINISTRATORS IN DEVELOPING BUSINESS STRATEGIES THAT IMPROVE THE EDUCATION, COMPENSATION, AND RETENTION OF THEIR EMPLOYEES. IN ADDITION TO THE INCENTIVE AWARDS, FUNDS MAY BE USED TO RECOGNIZE RECIPIENTS, TO PROMOTE THE ACTIVITY, AND/OR TO COVER ANY SUPPLIES AND MATERIALS NEEDED TO CARRY OUT THE ACTIVITY.FY 24-25 ACCOMPLISHMENTS/STATISTICAL DATA:1) 16 DIRECT TEACHING STAFF RECEIVED A PROFESSIONAL DEVELOPMENT SUPPLEMENT.2) 9 CHILD CARE FACILITIES EMPLOYED AT LEAST ONE DIRECT TEACHING STAFF WHO RECEIVED A PROFESSIONAL DEVELOPMENT SUPPLEMENT. 145800 145800 NC PRE-KINDERGARTEN PROVIDED FINANCIAL ASSISTANCE ON A DIRECT PER CHILD BASIS FOR THE PURPOSE OF ENHANCING THE NC PRE-K RATE FOR CHILDREN ENROLLED IN AND BEING SERVED THROUGH NC PRE-K AND WHOSE FAMILIES ARE ELIGILBE FOR TEMPORARY ASSISTANCE FOR NEEDY FAMILES (TANF) OR THE CHILD CARE AND DEVELOPMENT FUND (CCDF). DOES NOT INCLUDE WRAP-AROUND CARE. DATA WILL BE REPORTED AS DIRECTED BY DCDEE. ENHANCEMENTS ARE AVAILABLE FOR NC PRE-K SITES THAT ARE PUBLIC SCHOOLS SITES, PRIVATE SITES, HEAD START/EARLY HEAD START SITES. ENHANCEMENTS ARE NOT PRO-RATED FOR PARTIAL ATTENDANCE MONTHS. FY 24-25 ACCOMPLISHMENTS/ STATISTICAL DATA:1. 10 CLASSROOMS WERE SUPPORTED WITH SUPPLEMENTAL FUNDING 2. 135 AT-RISK CHILDREN SERVED 18000 18000 HEALTH & SAFETY PROGRAMS CONSISTED OF THE CHILD CARE HEALTH CONSULTANT. THE PROGRAM FOLLOWS THE NORTH CAROLINA CCHC SERVICE MODEL FOR IMPLEMENTATION OF THE ACTIVITY BY PROVIDING THE FOLLOWING SERVICES TO CHILD CARE FACILITIES, STAFF, AND OTHER S AS NEEDED. SERVICES THAT ARE PROVIDED USING THE SMART START DOLLARS IN THIS ACTIVITY INCLUDE: (1) TECHNICAL ASSISTANCE: 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. THE TECHNICAL ASSISTANCE WILL BE FOCUSED ON IMPROVING THE CAPACITY OF PROVIDERS TO IDENTIFY AND PROMOTE HEALTHY AND SAFE ENVIROMENTS FOR CHILDREN IN CHILD CARE SETTINGS. 2) TRAINING FOR CHILD CARE PROVIDERS:TRAINING FOR DCDEE CREDIT HOURS PROVIDED ON HEALTH AND SAFETY EDUCATION RELATED TOPICS AND COORDINATION OF CEU OPPORTUNITIES. THE NC CHILD CARE HEALTHY AND SAFETY ASSESSMENT AND ENCOUNTER TOOL WILL BE USED TO CONDUCT CLASSROOM-BASED ASSESSMENTS TO DEVELOP A QUALITY IMPROVEMENT PLAN, INFORMING TECHNICAL ASSISTANCE AND TRAINING. DOCUMENTATION IS MAINTAINED FOR ALL TECHNICAL ASSISTANCE AND TRAINING. THE CHILD CARE HEALTH CONSULTANT (CCHC) IS A REGISTERED NURSE WITH A DEGREE IN NURSING OR A HEALTH PROFESSIONAL WITH A MINIMIUM OF A BACHELOR'S DEGREE IN HEALTH EDUCATION OR A HEALTH RELATED FIELD. THE HEALTH PROFESSIONAL IS OR WILL BECOME A QUALIFIED CCHC IN NORTH CAROLINA THROUGH THE COMPLETION OF THE NC CHILD CARE HEALTH CONSULTANT TRAINING COURSE AND RECEIPT OF A CERTIFICATE OF QUALIFICATION.FY 24-25 ACCOMPLISHMENTS/STATISTICAL DATA: 1) 53 DIRECT TEACHING STAFF ATTENDED A NON-CREDIT BASED TRAINING OR WORKSHOP; 2) 4 LICENSED CHILD CARE FACILITIES HAD AT LEAST ONE STAFF PERSON PARTICIPATING. 61151 17317 FAMILY SUPPORT: INCLUDES RAISING A READER AND TREE OF HOPE.RAISING A READER - A RAISING A READER (RAR) COMMUNITY COORDINATOR WILL IMPLEMENT A RAISING A READER, A PROGRAM THAT PROMOTES IMPROVED LITERACY DEVELOPMENT THROUGH DAILY BOOK SHARING BETWEEN CAREGIVERS AND YOUNG CHILDREN. THE RAR COORDINATOR WILL HOLD A BACHELOR'S DEGREE IN EARLY CHILDHOOD EDUCATION OR RELATED HUMAN SERVICES FIELD AND IS REQUIRED TO ATTEND THE RAR NATIONAL COORDINATOR TRAINING PRIOR TO INITIAL IMPLEMENTATION. COORDINATORS WILL HOST TWO TRAININGS FOR THE SITE IMPLEMENTERS THAT HAVE BEEN IDENTIFIED TO PARTICIPATE IN THIS PROJECT. IDENTIFIED FAMILIES WILL BE LOANED A BOOK BAG CONTAINING HIGH QUALITY DEVELOPMENTALLY APPROPRIATE CHILDREN'S BOOKS. THE BOOKS WILL BE EXCHANGED EACH WEEK. PARENTS OF THE CHILDREN IN THE PROJEST WILL BE INVITED TO PARTICIPATE IN AT LEAST TWO PARENT WORKSHOPS WHERE THEY WILL LEARN BOOK SHARING STRATEGIES. AT LEAST ONE LIBRARY EVENT WILL BE PROVIDED FOR RAR PARTICIPANTS AND THEIR FAMILIES. PARTICIPANTS AND THEIR FAMILIES WILL BE PROVIDED WITH LIBRARY INFORMATION, LIBRARY CARD APPLICATION, AND OTHER COMMUNITY LITERACY RESOURCES. THE PROGRAM WILL BE IMPLEMENTED WITH MODEL FIDELITY AS DESCRIBED ABOVE. CHILD CARE CENTERS, CHILD CARE HOMES, OR OTHER COMMUNITY SITES WITH A HIGH PERCENTAGE OF LOW INCOME CHILDREN WILL BE TARGETED. SMART START FUNDS MAY ALSO BE USED FOR BOOKS FOR THE CHILDREN, CHILD CARE FOR PARTICIPANTS, AND/OR INCENTIVES FOR ELIGIBLE PARTICIPANTS.FY 24-25 ACCOMPLISHMENTS/STATISTICAL DATA:1) 289 CHILDREN PARTICIPANTING2) 10 CHILD CARE CENTERS PARTICIPATING TREE OF HOPE PROVIDED GIFTS FOR NEEDY CHILDREN IN MONTGOMERY COUNY. 365 CHILDREN IMPACTED. 61151 17317 390789 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE CORPORATION 9105762363 404-A NORTH MAIN STREET TROY NC 27371 SHANNON DOUTT BOARD MEMBER 0.50 X 0 0 0 MONETTE AYERS BOARD MEMBER 0.50 X 0 0 0 JESSICA BURRIS VICE CHAIR 1.00 X X 0 0 0 JANET DEATON SECRETARY 1.00 X X 0 0 0 SAVANNAH HEATH BOARD MEMBER 0.50 X 0 0 0 MICHELLE GREENE BOARD MEMBER 0.50 X 0 0 0 DEBORAH MUSIKA EXECUTIVE DIRECTOR 40.00 X X 79715 0 24524 CHRISSY HAYNES BOARD MEMBER 0.50 X 0 0 0 JENNIFER HARE BOARD MEMBER 0.50 X 0 0 0 SHELDON MORLEY BOARD MEMBER 0.50 X 0 0 0 BETHANY HAYWOOD BOARD CHAIR 1.00 X X 0 0 0 STACY KING TREASURER 1.00 X X 0 0 0 79715 0 24524 0 0 0 0 0 503057 16854 519911 FEES FOR SMART START 900099 4299 4299 FEES & CO-PAYS 900099 939 939 5238 6 6 REIMBURSEMENT OF SALES 900099 3107 3107 3107 528262 8345 0 6 163800 163800 40728 40728 80330 7193 73137 71850 71850 14631 5855 8776 35628 21153 14475 11698 6083 5615 2360 2360 1000 1000 4170 2441 1729 8764 6707 2057 52339 43314 9025 3982 2093 1889 8360 6882 1478 2588 2588 REPAIRS/MAINTENANCE 13853 8045 5808 FURNITURE/EQUIPMENT > $ 7885 7885 COMPUTER EQUIPMENT > 50 5000 5000 FURNITURE/EQUIPMENT < $ 2898 249 2649 7627 3396 4231 539491 390789 148702 0 416827 373504 27432 27432 444259 400936 32094 32094 0 X 332656 331227 79509 69709 412165 400936 444259 400936 -11229 0 X X 0 1 X 1 0 X 700147 631162 597601 487880 519911 2936701 700147 631162 597601 487880 519911 2936701 2936701 6 6 1096 1698 3320 1793 3107 11014 2947721 13510 0.99630 0.99540 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SALES TAX REFUND - 2020 AMOUNT: $ 1,096. 2021 AMOUNT: $ 1,698. 2022 AMOUNT: $ 3,320. 2023 AMOUNT: $ 1,793. 2024 AMOUNT: $ 3,107. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27432 27432 27432 27432 27432 27432 27432 27432 27432 27432 1.00000 1 0 0 BENEFIT INTEREST IN COMMUNITY FOUNDATION 27432 27432 X 528262 0 528262 0 528262 539491 0 539491 0 539491 PART V, LINE 4: TO SUPPORT THE MONTGOMERY COUNTY PARTNERSHIP FOR CHILDREN AND ITS PROGRAMS PART X, LINE 2: THE MONTGOMERY PARTNERSHIP IS EXEMPT FROM PAYMENT OF INCOME TAXES UNDER THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT OF TAXES ON ANY UNRELATED BUSINESS INCOME. FASB ASC 740 PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE FINANCIAL STATEMENTS. FASB ASC 740 REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING FINANCIAL STATEMENTS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THEN-NOT" TO BE SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE MONTGOMERY PARTNERSHIP AND HAS CONCLUDED THAT, AS OF JUNE 30, 2025, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. INCOME TAX RETURNS FOR 2022 THROUGH 2024 REMAIN OPEN TO EXAMINATION BY THE TAX AUTHORITIES. 1 MONTGOMERY COUNTY SCHOOLS 441 PAGE STREET TROY NC 27371 566001076 GOVERNMENT 145800 0 NC PRE-K CLASSROOMS PARTNERS FOR CHILDREN & FAMILIES 7720 NC HWY 22 SUITE C CARTHAGE NC 28327 582139259 GOVERNMENT 18000 0 CHILD CARE HEALTH CONSULTANT 2 0 PARTICIPANT INCENTIVES 125 5488 PURCHASED COST LITERACY SUPPLIES AND MATERIALS - BOOKS & READING MATERIALS SCHOOL READINESS 123 441 PURCHASED COST BACKPACKS AND LEARNING MATERIALS TREE OF HOPE 365 9807 PURCHASED COST GIFTS FOR DISADVANTAGED CHILDREN FOR CHRISTMAS, DIAPERS LITERACY OUTREACH 289 6667 PURCHASED COST LITERACY MATERIALS CHILD CARE QUALITY - EDUCATION INCENTIVES 16 16600 CHILD CARE QUALITY - PROFESSIONALISM ENHANCEMENTS & SUPPORT 25 1725 PURCHASED COSTS NAEYC MEMBERSHIPS PART I, LINE 2: THE ORGANIZATION WILL CONDUCT AT LEAST ONE ON-SITE MONITORING VISIT TO EACH DIRECT SERVICE PROVIDER ANNUALLY TO ASSESS PROGRAM IMPLEMENTATION AS PER THE CONTRACT ACTIVITY DESCRIPTION AND TO ENSURE COMPLIANCE WITH SMART START COST PRINCIPLES. A MONITORING PROGRAM WILL BE USED AND A DRAFT MONITORING REPORT, NOTING ANY ISSUES, AND RECOMMENDATIONS WILL BE PROVIDED TO THE DIRECT SERVICE PROVIDER. THE DIRECT SERVICE PROVIDER WILL BE REQUIRED TO RETURN THE DRAFT WITH RESPONSES WITHIN 10 DAYS. AN ACTION PLAN WILL BE DEVELOPED FOR DIRECT SERVICE PROVIDERS WHO ARE NOT MEETING PERFORMANCE OUTCOMES OR CONTRACTUAL OBLIGATIONS. A FOLLOW-UP VISIT MAY BE CONDUCTED. JANET DEATON EMPLOYEE OF MONTGOMERY COUNTY SCHOOLS 145800 MONTGOMERY COUNTY SCHOOLS IS A DIRECT SERVICE PROVIDER FOR NC PRE-K CLASSROOMS. 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS DISTRIBUTED TO THE MEMBERS OF THE EXECUTIVE AND FISCAL/CONTRACTS COMMITTEES FOR REVIEW PRIOR TO THE FILING OF THE RETURN WITH THE INTERNAL REVENUE SERVICE. COPIES OF THE FINAL DOCUMENT ARE MADE AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY AT THE NEXT MEETING OF THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS SIGNED/UPDATED AT ANNUAL MEETING OF BOARD. BOARD MINUTES WILL NOTE VOTING ABSTENSIONS DUE TO CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 IN ACCORDANCE WITH A SPECIAL PROVISION IN THE 2012 BUDGET ACT, THE NORTH CAROLINA PARTNERSHIP FOR CHILDREN, INC. (NCPC) DEVELOPED A SALARY SCHEDULE FOR STATE FUNDING OF SMART STATE EXECUTIVE DIRECTOR (OR SIMILARLY TITLED CHIEF EXCECUTIVE) SALARIES. THE MONTGOMERY COUNTY PARTNERSHIP FOR CHILDREN (MCPC) EXECUTIVE COMMITTEE REVIEWED THE SALARY SCHEDULE AND IMPLEMENTATION GUIDELINES PROVIDED BY NCPC, COMPARED THE EXECUTIVE DIRECTOR'S CURRENT COMPENSATION TO THE NEW SALARY SCHEDULE, AND UTILIZED THE ORGANIZATION'S 'STAFF SALARY COMPUTATION WORKSHEET' TO DETERMINE THE APPROPRIATE SALARY WITHIN THE NEW SALARY TIER/RANGE, TAKING THE EXECUTIVE DIRECTOR'S EDUCATION AND EXPERIENCE INTO CONSIDERATION AS ALLOWED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS A PUBLIC DISCLOSURE FILE AND MAKES IT AVAILABLE TO ANYONE WHO REQUESTS TO REVIEW. COPIES MAY BE PROVIDED AFTER A NOMINAL FEE HAS BEEN RECEIVED TO OFFSET COPY COSTS. FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, QUESTION 1 THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING FOR ITS BOOKS AND RECORDS AND ALSO FOR 990 PURPOSES. THIS METHOD OF ACCOUNTING IS REQUIRED BY THE NC STATE AUDITORS OFFICE AS WELL AS THE NORTH CAROLINA PARTNERSHIP FOR CHILDREN, INC. THESE ORGANIZAITONS HAVE REGULATORY OVERSIGHT OF THE MONTGOMERY COUNTY PARTNERSHIP FOR CHILDREN INC. PART XII, 2C THE NORTH CAROLINA GENERAL STATUTES REQUIRE A BI-ANNUAL AUDIT. THE NORTH CAROLINA PARTNERSHIP FOR CHILDREN, INC OVERSEES A STATEWIDE BID PROCESS IN ORDER TO SELECT AN INDEPENDENT AUDIT FIRM. EACH LOCAL PARTNERSHIP'S STAFF AND BOARD ASSUMES THE OVERSITE OF THEIR AUDIT.