Civic Intelligence

Yescarolina

990 • Fiscal year 2017 • EIN 20-3562766

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 14, 2018

PO Box 210Charleston, SC 29402

(843) 556-1909

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.02x

Higher debt load relative to assets than 44% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.05x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

4th percentile

-76%

Higher net margin than 4% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

82nd percentile

$80,225

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 38.5% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

7th percentile

-25%

Faster asset growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

8th percentile

-35%

Faster revenue growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$579,886

Down $197,129 (-25%) from 2016

Net Assets

Down

$568,817

Down $107,671 (-16%) from 2016

Liabilities

Down

$11,069

Down $89,458 (-89%) from 2016

Revenue

Down

$208,622

Down $111,151 (-35%) from 2016

Expenses

Up

$367,867

Up $26,373 (+7.7%) from 2016

Net Income

Down

-$159,245

Down $137,524 (-633%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $417,674Liabilities 2011: $4,347Net Assets 2011: $413,3272011Assets 2012: $325,713Liabilities 2012: $4,615Net Assets 2012: $321,0982012Assets 2013: $374,982Liabilities 2013: $10,908Net Assets 2013: $364,0742013Assets 2014: $565,852Liabilities 2014: $81,868Net Assets 2014: $483,9842014Assets 2015: $798,388Liabilities 2015: $100,180Net Assets 2015: $698,2082015Assets 2016: $777,015Liabilities 2016: $100,527Net Assets 2016: $676,4882016Assets 2017: $579,886Liabilities 2017: $11,069Net Assets 2017: $568,8172017Assets 2018: $444,798Liabilities 2018: $9,921Net Assets 2018: $434,8772018Assets 2019: $356,383Liabilities 2019: $25,225Net Assets 2019: $331,1582019Assets 2020: $257,269Liabilities 2020: $39,335Net Assets 2020: $217,9342020

Highlighted filing

2017

Assets$579,886
Liabilities$11,069
Net Assets$568,817

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $242,276Expenses 2011: $250,957Net Income 2011: -$8,6812011Revenue 2012: $85,519Expenses 2012: $177,748Net Income 2012: -$92,2292012Expenses 2013: $207,0812013Revenue 2014: $306,646Expenses 2014: $186,736Net Income 2014: $119,9102014Revenue 2015: $475,477Expenses 2015: $261,253Net Income 2015: $214,2242015Revenue 2016: $319,773Expenses 2016: $341,494Net Income 2016: -$21,7212016Revenue 2017: $208,622Expenses 2017: $367,867Net Income 2017: -$159,2452017Revenue 2018: $374,039Expenses 2018: $494,114Net Income 2018: -$120,0752018Revenue 2019: $266,270Expenses 2019: $374,968Net Income 2019: -$108,6982019Revenue 2020: $165,422Expenses 2020: $278,646Net Income 2020: -$113,2242020

Highlighted filing

2017

Revenue$208,622
Expenses$367,867
Net Income-$159,245
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 14, 2018
Return Version
2017v2.3
Gross Receipts
$347,716
Mission and Program Overview

Mission

Provide scholarships for teachers teaching entrpreneurial classes in secondary schools

Provide scholarships for teachers

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$878,864$568,817▼ $310,047
Cash and Non-Interest-Bearing Accounts$212,055$360,886▲ $148,831
Savings and Temporary Cash Investments$595,072$199,992▼ $395,080
Accounts Receivable$84,000$15,000▼ $69,000
Land, Buildings, and Equipment, Net$2,266$1,133▼ $1,133
Total Assets$903,268$579,886▼ $323,382
Other Assets Total$9,875$2,875▼ $7,000
Liabilities
Other Liabilities$8,705$6,028▼ $2,677
Accounts Payable and Accrued Expenses$10,699$5,041▼ $5,658
Deferred Revenue$5,000--
Total Liabilities$24,404$11,069▼ $13,335
Net Assets / Fund Balance
Total Net Assets Fund Balance$878,864$568,817▼ $310,047
Total Liabilities and Net Assets / Fund Balance$903,268$579,886▼ $323,382

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,133$10,548$11,681
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Austin StoneManaging DirectorFT$80,225$80,225
Angeline Brown LeonardDirectorPT$19,940$19,940

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$46,756
Program Service Revenue
$16,748
Investment Income
$172
Other Revenue
$144,946
All Other Contributions
$46,756
Change in Net Assets
$-159,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$184,081
Salaries, Compensation, and Employee Benefits$153,786
Grants and Similar Amounts Paid$30,000
Total Fundraising Expense$20,173
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$80,225-$80,225
Comp Disqual Persons$58,176-$3,046$61,222
Grants to Domestic Orgs$30,000--$30,000
Occupancy-$27,227-$27,227
Fees for Services Accounting-$21,209-$21,209
Advertising$18,709--$18,709
Fees for Services Management$290-$16,894$17,184
Payroll Taxes$5,459$6,647$233$12,339
Travel$5,568$5,568-$11,136
Fees for Services Other$6,868$900-$7,768
Office Expenses$3,249$3,249-$6,498
Insurance-$4,717-$4,717
Other Expenses$66,142$1,290-$1,290
Depreciation Depletion-$1,133-$1,133
All Other Expenses$137--$137
Interest-$92-$92
Total Functional Expenses$194,598$153,096$20,173$367,867
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Trident Technical CollegeNorth Charelston, SC--$30,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$284,040
Fundraising Direct Expenses$139,094
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$279,173$279,173$30,142$249,031
Green Gold Oyster Roast$4,867$4,867$2,963$1,904
Total Events$284,040$284,040$139,094$144,946
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$5,838
Federal income taxes$190
Payroll Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B

The managing director reviews the tax return signs and files the form

Form 990, Part VI, Line 12C

An independent audit was performed for the short period of october 2016 through december 2016.

Form 990, Part VI, Line 15B

Public information for similar sized non-profit organizations in south carolina is used.

Form 990, Part VI, Line 19

Availabile at the organizations office during normal working hours

Form 990, Part VI, Line 8B

The organization has no subcommittees

Form 990, Part VI, Line 15A

Public information for similar sized non-profit organizations in south carolina is used

Filing and Contact Details

Filer

Filer Name
Yescarolina
EIN
20-3562766
Phone
8435561909
Address
PO BOX 210, CHARLESTON, SC 29402

Signing Officer

Name
Austin Stone
Title
Director
Phone
8436700114
Signed
2018-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Austin Stone
Formed
2005
Legal Domicile
Sc
Voting Board Members
15
Independent Board Members
15
Employees
8

Preparer

Firm
Brian D Kurtz Pc
Address
PO BOX 2046, MOUNT PLEASANT, SC 29465
Preparer
Brian D Kurtz
Phone
8439715866
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

In 2017 the board of directors past a measure to no longer pursue building a facility. By making this decision all donors who had specified funds for a facility in their donation were notified and given the option of refunds of their donations. A total of 150,802 was returned to donors. No subsequent refunds are expected.

Form 990, Part V, Line 3B

The organization has no unrelated business

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/InsuranceGrp/TotalAmt04717
IRS990/InterestGrp/ManagementAndGeneralAmt092
IRS990/InterestGrp/TotalAmt092
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0172
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0172
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010548
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02266
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01133
IRS990/LandBldgEquipCostOrOtherBssAmt011681
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE SCHOLARSHIPS FOR TEACHERS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0878864
IRS990/NetAssetsOrFundBalancesEOYAmt0568817
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0144946
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt027227
IRS990/OccupancyGrp/TotalAmt027227
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03249
IRS990/OfficeExpensesGrp/ProgramServicesAmt03249
IRS990/OfficeExpensesGrp/TotalAmt06498
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09875
IRS990/OtherAssetsTotalGrp/EOYAmt02875
IRS990/OtherChangesInNetAssetsAmt0-150802
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0BOOKS AND OTHER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1BANK CHARGES BUSINESS EXP
IRS990/OtherExpensesGrp/Desc2BOARD MEETINGS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0839
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11290
IRS990/OtherExpensesGrp/ProgramServicesAmt066142
IRS990/OtherExpensesGrp/TotalAmt066142
IRS990/OtherExpensesGrp/TotalAmt1839
IRS990/OtherExpensesGrp/TotalAmt21290
IRS990/OtherLiabilitiesGrp/BOYAmt08705
IRS990/OtherLiabilitiesGrp/EOYAmt06028
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0233
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06647
IRS990/PayrollTaxesGrp/ProgramServicesAmt05459
IRS990/PayrollTaxesGrp/TotalAmt012339
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AUSTIN STONE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0999999
IRS990/ProgramServiceRevenueGrp/BusinessCd1999999
IRS990/ProgramServiceRevenueGrp/Desc0BUSINESS PLAN
IRS990/ProgramServiceRevenueGrp/Desc1TEACHER TRAINING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18748
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18748
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt014307
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt070
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0133156
IRS990/PYOtherRevenueAmt0362031
IRS990/PYRevenuesLessExpensesAmt0202376
IRS990/PYSalariesCompEmpBnftPaidAmt040876
IRS990/PYTotalExpensesAmt0174032
IRS990/PYTotalRevenueAmt0376408
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-159245
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0878864
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0568817
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0595072
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0199992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0222444
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0376338
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0319472
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0475072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt078046
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01471372
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0172
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0252
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01200
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0204346
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0126212
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0299527
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0630085
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.69980
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.57680
IRS990ScheduleA/PublicSupportTotal170Amt01471372
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0222444
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0376338
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0319472
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0475072
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt078046
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01471372
IRS990ScheduleA/TotalSupportAmt02102657
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01133
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010548
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011681
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0190
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15838
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01133
IRS990ScheduleD/TotalLiabilityAmt06028
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt04250
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt04250
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0139094
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt020329
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt020329
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GREEN GOLD OYSTER ROAST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GALA

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