Civic Intelligence

Fb Foundation

990EZ • Fiscal year 2023 • EIN 20-3997779

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 29, 2024

8310 Rivers AvenueNorth Charleston, SC 29406

(843) 764-2622

Siviq Scores

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

Liabilities / Assets

98th percentile

5.54x

Higher debt load relative to assets than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

1.57x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

16th percentile

-28%

Higher net margin than 16% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$51,121

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 49.5% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

11th percentile

-50%

Faster asset growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

87th percentile

81%

Faster revenue growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$29,288

Down $29,228 (-50%) from 2022

Net Assets

Down

-$132,913

Down $32,729 (-33%) from 2022

Liabilities

Up

$162,201

Up $3,501 (+2.2%) from 2022

Revenue

Up

$103,300

Up $46,209 (+81%) from 2022

Expenses

Down

$132,533

Down $53,256 (-29%) from 2022

Net Income

Up

-$29,233

Up $99,465 (+77%) from 2022

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2018: $3,992Net Assets 2018: $3,9922018Assets 2019: $9,594Net Assets 2019: $9,5942019Assets 2020: $10,853Liabilities 2020: $3,878Net Assets 2020: $6,9752020Assets 2021: $189,625Liabilities 2021: $161,111Net Assets 2021: $28,5142021Assets 2022: $58,516Liabilities 2022: $158,700Net Assets 2022: -$100,1842022Assets 2023: $29,288Liabilities 2023: $162,201Net Assets 2023: -$132,9132023Assets 2024: $10,583Liabilities 2024: $162,201Net Assets 2024: -$151,6182024

Highlighted filing

2023

Assets$29,288
Liabilities$162,201
Net Assets-$132,913

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2018: $64,000Expenses 2018: $60,208Net Income 2018: $3,7922018Revenue 2019: $193,684Expenses 2019: $188,082Net Income 2019: $5,6022019Revenue 2020: $89,677Expenses 2020: $92,296Net Income 2020: -$2,6192020Revenue 2021: $62,000Expenses 2021: $77,315Net Income 2021: -$15,3152021Revenue 2022: $57,091Expenses 2022: $185,789Net Income 2022: -$128,6982022Revenue 2023: $103,300Expenses 2023: $132,533Net Income 2023: -$29,2332023Revenue 2024: $26,911Expenses 2024: $45,616Net Income 2024: -$18,7052024

Highlighted filing

2023

Revenue$103,300
Expenses$132,533
Net Income-$29,233
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 29, 2024
Return Version
2023v5.1
Gross Receipts
$103,300
Mission and Program Overview

Mission

The mission of the FB Foundation is to advocate for prosperity and progress of low-to-moderate-income LMI individuals and communities in the State of South Carolina. This is done through training and technical assistance to faith-based community leaders. These trained leaders in turn, provide community information, resources, and opportunities to local LMI individuals, and families. These efforts serve as a means to increase the upward mobility of local residents.

As a statewide faith based non-profit, Community FaithWorks helps build capacity of faith leaders & their members so in turn they're equipped (through alliances & partnerships) to develop, serve and build a healthier community and thriving neighborhood

Program Services

DescriptionGrantsExpenses
See Schedule O$450$113,082
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tia Brewer-FootmanExecutive DirectorFT$51,121-$51,121
Joy GivensChairperson-$0--
Patricia FrazierTreasurer-$0--
Arnelle FootmanSecretary-$0--
Filing and Contact Details

Filer

Filer Name
FB Foundation
EIN
20-3997779
Phone
8437642622
Address
8310 Rivers Avenue, North Charleston, SC 29406

Signing Officer

Name
Tijuana Brewer-Footman
Title
Executive Director
Phone
8437642622
Signed
2024-03-29
Discuss with paid preparer
Yes

Preparer

Firm
Ellen Fontana CPA LLC
Address
2451 Mcmullen Booth Road 309, Clearwater, FL 33759
Preparer
Ellen Fontana
Phone
7274310354
Supplemental Narrative

Additional Explanations

Other

Part III - Line 28 - Accomplishments Continued to meet with CRA of TRUIST to develop programs that would be beneficial to our underpriviledged and marginal communities with training programs. Met with other agencies and individuals for training and resources. Collaborated with Pastors Inc. LL IFA Johnson), an organization that assists churches in underpriviledged areas of South Carolina develop land for low-income housing, rental property, etc. All Alumni churches were invited to complete a questionnaire provided by Pastors Inc. From that pool, six churches were selected for site visits. The six visits were conducted between July-August 2023 with FA Johnson along with Tia Brewer-Footman and Gerald Footman. The team met with the church's non-profit team, reviewed 3-year financials, balance sheets, deed and walked the property. Three churches were chosen to move forward. 1. Faith in Action (Apostle Bernard Whaley - North Charleston, SC) 2. Restoration Life Ministries (Pastor Theodore Pasley - Columbia, SC) and The Net International (Pastor Shawn Laribo - Summerville, SC). Faith in Action selected to be the first ministry to work with as the City of North Charleston had $70,000.00 Block grant air-marked to start the process of developing their property in that specific area. This process will allow them to start the development plans of 9 units for low-income houses. VEAP (Vaccine Equity and Access Program) - Grant was awarded to promote continued awareness of COVID and other viruses, wellness, and health information. Ambassador from Alumni churches were activated to assist in promoting this venture in their communities along with radio and tv promotions. The program also allowed us to plug into statewide churches' conferences and conventions within the state of South Carolina. 2023 Summit - CFW held its 4th Annual Summit in person since COVID with over 50 attendees. Keynote speaker - Rev. Nelson Rivers of Charity Baptist Church of North Charleston provided information of his non-profit's success and failures in the Liberty Hill section of North Charleston. A bus tour was done for those interested in seeing the development and progress in how they are revitalizing the community. Self-Help Credit Union presented on offering low-income interest loans and free membership to the community. They also did a financial literacy outline to help rebuild credit. Vendors were available, flu and vaccine shots were given to those who signed up.

Form 990EZ, Part I, Line 8

Rebate 15.

Form 990EZ, Part I, Line 10

Love Gift for church anniversary; Gift for ; New Abundant Life: 115 Foster St , Varnville, SC, 29944; None, 50.

Form 990EZ, Part I, Line 10

75th Church Anniversary/Pastoral Gift ; Pastoral; Gerald Footman: 2186 Cooperstore Rd, Corner , SC, 29461; Husband of , 300.

Form 990EZ, Part I, Line 10

75th Church Anniversary Pastoral Gift ; Pastoral ; Senika Walker: 2186 Cooperstore Rd , Moncks Corner, SC, 29461; None, 100.

Form 990EZ, Part I, Line 16

Dues and subscriptions 4818.

Form 990EZ, Part I, Line 16

Benevolence 100.

Form 990EZ, Part I, Line 16

Equipment & supplies 982.

Form 990EZ, Part I, Line 16

Bank charges 422.

Form 990EZ, Part I, Line 16

Meals 385.

Form 990EZ, Part I, Line 16

Interest 5151.

Form 990EZ, Part I, Line 16

Payroll processing 294.

Form 990EZ, Part I, Line 16

Conferences 6309.

Form 990EZ, Part I, Line 16

Professional development 4100.

Form 990EZ, Part I, Line 16

Travel 4515.

Form 990EZ, Part I, Line 16

Miscellaneous 80.

Form 990EZ, Part I, Line 20

Prior year adjustment -3496.

Form 990EZ, Part II, Line 26

SBA loan 158700. 162201.

Raw XML Appendix211 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part III - Line 28 - Accomplishments Continued to meet with CRA of TRUIST to develop programs that would be beneficial to our underpriviledged and marginal communities with training programs. Met with other agencies and individuals for training and resources. Collaborated with Pastors Inc. LL IFA Johnson), an organization that assists churches in underpriviledged areas of South Carolina develop land for low-income housing, rental property, etc. All Alumni churches were invited to complete a questionnaire provided by Pastors Inc. From that pool, six churches were selected for site visits. The six visits were conducted between July-August 2023 with FA Johnson along with Tia Brewer-Footman and Gerald Footman. The team met with the church's non-profit team, reviewed 3-year financials, balance sheets, deed and walked the property. Three churches were chosen to move forward. 1. Faith in Action (Apostle Bernard Whaley - North Charleston, SC) 2. Restoration Life Ministries (Pastor Theodore Pasley - Columbia, SC) and The Net International (Pastor Shawn Laribo - Summerville, SC). Faith in Action selected to be the first ministry to work with as the City of North Charleston had $70,000.00 Block grant air-marked to start the process of developing their property in that specific area. This process will allow them to start the development plans of 9 units for low-income houses. VEAP (Vaccine Equity and Access Program) - Grant was awarded to promote continued awareness of COVID and other viruses, wellness, and health information. Ambassador from Alumni churches were activated to assist in promoting this venture in their communities along with radio and tv promotions. The program also allowed us to plug into statewide churches' conferences and conventions within the state of South Carolina. 2023 Summit - CFW held its 4th Annual Summit in person since COVID with over 50 attendees. Keynote speaker - Rev. Nelson Rivers of Charity Baptist Church of North Charleston provided information of his non-profit's success and failures in the Liberty Hill section of North Charleston. A bus tour was done for those interested in seeing the development and progress in how they are revitalizing the community. Self-Help Credit Union presented on offering low-income interest loans and free membership to the community. They also did a financial literacy outline to help rebuild credit. Vendors were available, flu and vaccine shots were given to those who signed up.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Rebate 15.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Love Gift for church anniversary; Gift for ; New Abundant Life: 115 Foster St , Varnville, SC, 29944; None, 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt375th Church Anniversary/Pastoral Gift ; Pastoral; Gerald Footman: 2186 Cooperstore Rd, Corner , SC, 29461; Husband of , 300.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt475th Church Anniversary Pastoral Gift ; Pastoral ; Senika Walker: 2186 Cooperstore Rd , Moncks Corner, SC, 29461; None, 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Dues and subscriptions 4818.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Benevolence 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Equipment & supplies 982.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bank charges 422.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Meals 385.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Interest 5151.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Payroll processing 294.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Conferences 6309.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Professional development 4100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Travel 4515.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Miscellaneous 80.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Prior year adjustment -3496.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17SBA loan 158700. 162201.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part II, Line 26
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum08437642622
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-29
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0453841539
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02451 Mcmullen Booth Road 309
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clearwater
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033759
ReturnHeader/PreparerPersonGrp/PhoneNum07274310354
ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ellen Fontana
ReturnHeader/ReturnTs02024-06-19T13:00:25-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Tijuana
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Brewer-Footman
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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