Civic Intelligence

Local Boys Do Good

990 • Fiscal year 2020 • EIN 20-5093812

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 02, 2021

PO Box 1087Greenville, SC 29602

(864) 617-0231

Siviq Scores

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

Liabilities / Assets

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

19th percentile

0.01x

Higher debt load relative to revenue than 19% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

91st percentile

83%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

246%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$356,776

Up $161,952 (+83%) from 2019

Net Assets

Up

$349,758

Up $158,183 (+83%) from 2019

Liabilities

Up

$7,018

Up $3,769 (+116%) from 2019

Revenue

Up

$1,275,912

Up $907,455 (+246%) from 2019

Expenses

Up

$1,117,729

Up $862,780 (+338%) from 2019

Net Income

Up

$158,183

Up $44,675 (+39%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $24,319Liabilities 2010: $2,354Net Assets 2010: $21,9652010Assets 2011: $8,906Liabilities 2011: $28,781Net Assets 2011: -$19,8752011Assets 2012: $38,404Liabilities 2012: $29,604Net Assets 2012: $8,8002012Assets 2013: $14,814Liabilities 2013: $28,674Net Assets 2013: -$13,8602013Assets 2014: $16,446Liabilities 2014: $20,338Net Assets 2014: -$3,8922014Assets 2015: $69,317Liabilities 2015: $1,652Net Assets 2015: $67,6652015Assets 2016: $88,288Liabilities 2016: $12,201Net Assets 2016: $76,0872016Assets 2017: $121,389Liabilities 2017: $1,355Net Assets 2017: $120,0342017Assets 2018: $80,347Liabilities 2018: $2,280Net Assets 2018: $78,0672018Assets 2019: $194,824Liabilities 2019: $3,249Net Assets 2019: $191,5752019Assets 2020: $356,776Liabilities 2020: $7,018Net Assets 2020: $349,7582020Assets 2021: $843,996Liabilities 2021: $320Net Assets 2021: $843,6762021Assets 2022: $1,018,248Liabilities 2022: $9,323Net Assets 2022: $1,008,9252022Assets 2023: $1,089,022Liabilities 2023: $5,599Net Assets 2023: $1,083,4232023Assets 2024: $1,222,725Liabilities 2024: $19,702Net Assets 2024: $1,203,0232024

Highlighted filing

2020

Assets$356,776
Liabilities$7,018
Net Assets$349,758

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $33,1872010Expenses 2011: $98,6252011Expenses 2012: $133,4662012Revenue 2013: $113,142Expenses 2013: $135,802Net Income 2013: -$22,6602013Revenue 2014: $134,538Expenses 2014: $124,570Net Income 2014: $9,9682014Revenue 2015: $231,033Expenses 2015: $159,476Net Income 2015: $71,5572015Revenue 2016: $197,892Expenses 2016: $189,575Net Income 2016: $8,3172016Revenue 2017: $272,391Expenses 2017: $228,444Net Income 2017: $43,9472017Revenue 2018: $167,290Expenses 2018: $209,257Net Income 2018: -$41,9672018Revenue 2019: $368,457Expenses 2019: $254,949Net Income 2019: $113,5082019Revenue 2020: $1,275,912Expenses 2020: $1,117,729Net Income 2020: $158,1832020Revenue 2021: $781,663Expenses 2021: $287,745Net Income 2021: $493,9182021Revenue 2022: $500,724Expenses 2022: $335,475Net Income 2022: $165,2492022Revenue 2023: $597,161Expenses 2023: $522,178Net Income 2023: $74,9832023Revenue 2024: $791,857Expenses 2024: $671,798Net Income 2024: $120,0592024

Highlighted filing

2020

Revenue$1,275,912
Expenses$1,117,729
Net Income$158,183
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 2, 2021
Return Version
2020v4.0
Gross Receipts
$1,474,305
Mission and Program Overview

Mission

The mission of local boys do good is to promote tourism of the upstate to food, wine and music conoisseurs; highlight the culinary and arts community of the upstate south carolina; and grant proceeds to benefit local non- profit organizations related to food (sustenance), art, and music.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$191,575$349,758▲ $158,183
Cash and Non-Interest-Bearing Accounts$184,549$307,898▲ $123,349
Prepaid Expenses and Deferred Charges-$26,406-
Accounts Receivable-$12,965-
Intangible Assets$10,058$9,352▼ $706
Land, Buildings, and Equipment, Net$217$155▼ $62
Total Assets$194,824$356,776▲ $161,952
Liabilities
Other Liabilities$3,249$7,018▲ $3,769
Total Liabilities$3,249$7,018▲ $3,769
Net Assets / Fund Balance
Total Net Assets Fund Balance$191,575$349,758▲ $158,183
Total Liabilities and Net Assets / Fund Balance$194,824$356,776▲ $161,952

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$155$1,748$1,903
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laurie JaxChairman
Megan Early-soppaVice Chairma
Azim SurkaBoard Member
Beth RuschBoard Member
Brandon HensonBoard Member
Dave MerlineBoard Member
Gina BoulwareBoard Member
Hayley BledsoeBoard Member
Heather BarkerBoard Member
Heather MeadorsBoard Member
Jennifer SnowBoard Member
John DeckBoard Member
Kelly ByersBoard Member
Kelly NunBoard Member
Kim EadesBoard Member
Matt CotnerBoard Member
Michael ThackerBoard Member
Susan SchwarzkopfBoard Member
Tammy Johnson BoyanoskiBoard Member
Tim GrantBoard Member
Tim NowackiBoard Member
Tom JupenaBoard Member
Carl SobocinskiEmeritus
Kurt RozelskySecretary
Caroline InmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,055,364
Program Service Revenue
$0
Investment Income
$287
Other Revenue
$220,261
All Other Contributions
$129,410
Change in Net Assets
$158,183
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$899,524
Salaries, Compensation, and Employee Benefits$161,537
Total Fundraising Expense$80,770
Other Expenses$56,668
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$885,224--$885,224
Other Salaries and Wages$14,973$59,894$74,868$149,735
Occupancy$1,337$35,662-$36,999
Grants to Domestic Orgs$14,300--$14,300
Payroll Taxes$1,145$4,582$5,728$11,455
Office Expenses-$6,647-$6,647
Fees for Services Accounting-$5,820-$5,820
Travel$456$3,396-$3,852
Insurance-$2,582-$2,582
Depreciation Depletion$706$62-$768
Other Employee Benefits$34$139$174$347
Total Functional Expenses$918,175$118,784$80,770$1,117,729
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
United MinistriesGreenville, SC501c3-$7,600
Meyer Center for Special ChildrenGreenville, SC501c3-$6,700
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$199,021
Fundraising Direct Expenses$198,393
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Food & Beverage$199,021$199,021$109,844$89,177
Total Events$199,021$199,021$198,393$628
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 Card Payable$6,427
Deferred Ticket Sales$591
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 9

Megan early-soppa 105 middleby way greer, sc 29650 caroline inman 357 edenberry way easley, sc 29642 kurt rozelsky 25 river street, 302 greenville, sc 29601 gina boulware 9 honeybee lane taylors, sc 29686 heather barker 27 southland ave greenville, sc 29601 tammy johnson boyanoski 11 toy street greenville, sc 29601 heather meadors 8 parkins pointe way greenville, sc 29607 carl sobocinski 1808 north main st. Greenville, sc 29609 jennifer snow 25 ridgeway ave. Greenville, sc 29607 kelly nun 220 ridge bay court greenville, sc 29611 matt cotner 7 frontus st. Greenville, sc 29605 kelly byers 323 little texas rd travelers rest, sc 29609 beth rusch 114 kimborough st. Greenville, sc 29607 dave merline 56 round pond rd greenville, sc 29607

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the board president prior to submission to the irs.

Form 990, Page 6, Part VI, Line 12C

The organization monitors the officer and director of conflict of interest disclosures annually and enforces compliance according to the conflict of interest policy.

Form 990, Page 6, Part VI, Line 19

The organization makes form 990 and financial statements available to interested parties upon request.

Filing and Contact Details

Filer

Filer Name
Local Boys Do Good
EIN
20-5093812
Phone
8646170231
Address
PO BOX 1087, GREENVILLE, SC 29602

Signing Officer

Name
Laurie Jax
Title
Chairman
Phone
8642335663
Signed
2021-08-02

Organization Details

Principal Officer
Laurie Jax
Formed
2006
Legal Domicile
Sc
Voting Board Members
25
Independent Board Members
25
Employees
3
Volunteers
25

Preparer

Firm
Saad and Manios LLC
Address
1249 S PLEASANTBURG DR, GREENVILLE, SC 29605
Preparer
Lisa D Mckiernan
Phone
8642779600
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of local boys do good is to promote tourism of the upstate to food, wine and music conoisseurs; highlight the culinary and arts community of the upstate south carolina; and grant proceeds to benefit local non- profit organizations related to food (sustenance), art, and music.

Form 990, Part XII

As of january 1, 2020, the organzation changed its method of accounting for income tax purposes from the cash method to the accrual method. The organization filed form 3115 to report this change. The change resulted in a 46,092 increase in income in 2020. This increase in income was reported on part viii line 11d, miscellaneous revenue.

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IRS990/MissionDesc0THE MISSION OF LOCAL BOYS DO GOOD IS TO PROMOTE TOURISM OF THE UPSTATE TO FOOD, WINE AND MUSIC CONOISSEURS; HIGHLIGHT THE CULINARY AND ARTS COMMUNITY OF THE UPSTATE SOUTH CAROLINA; AND GRANT PROCEEDS TO BENEFIT LOCAL NON- PROFIT ORGANIZATIONS RELATED TO FOOD (SUSTENANCE), ART, AND MUSIC.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.22$0.02$1.20$0.79$0.67$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.09$0.01$1.08$0.60$0.52$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.02$0.01$1.01$0.50$0.34$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.78$0.29$0.49
2020Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$1.28$1.12$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.37$0.25$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.17$0.21$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.27$0.23$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.09$0.01$0.08$0.20$0.19$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.23$0.16$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.00$0.13$0.12$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.01$0.03$0.01$0.11$0.14$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.03$0.01$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.03$0.02$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$0.03