Civic Intelligence

Falatok Foundation

990 • Fiscal year 2014 • EIN 26-0641848

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 13, 2015

Organization ProfileN/A
424 E Kennedy StreetSpartanburg, SC 29302

(864) 582-0138

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

98th percentile

92%

Higher net margin than 98% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

70th percentile

9.9%

Faster asset growth than 70% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

83rd percentile

33%

Faster revenue growth than 83% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets13th percentile

Assets

Up

$1,603,384

Up $143,867 (+9.9%) from 2013

Net Assets

Up

$1,603,384

Up $143,867 (+9.9%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin98th percentile

Revenue

Up

$155,854

Up $38,330 (+33%) from 2013

Expenses

Up

$11,987

Up $233 (+2.0%) from 2013

Net Income

Up

$143,867

Up $38,097 (+36%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,084,475Liabilities 2010: $0Net Assets 2010: $1,084,4752010Assets 2011: $1,146,260Liabilities 2011: $0Net Assets 2011: $1,146,2602011Assets 2012: $1,353,747Liabilities 2012: $0Net Assets 2012: $1,353,7472012Assets 2013: $1,459,517Liabilities 2013: $0Net Assets 2013: $1,459,5172013Assets 2014: $1,603,384Liabilities 2014: $0Net Assets 2014: $1,603,3842014Assets 2015: $1,707,995Liabilities 2015: $0Net Assets 2015: $1,707,9952015Assets 2016: $1,872,116Liabilities 2016: $0Net Assets 2016: $1,872,1162016Assets 2017: $2,045,442Liabilities 2017: $0Net Assets 2017: $2,045,4422017Assets 2018: $2,080,733Liabilities 2018: $0Net Assets 2018: $2,080,7332018Assets 2019: $2,300,698Liabilities 2019: $0Net Assets 2019: $2,300,6982019Assets 2020: $2,520,808Liabilities 2020: $0Net Assets 2020: $2,520,8082020Assets 2021: $2,710,692Liabilities 2021: $0Net Assets 2021: $2,710,6922021Assets 2022: $2,893,667Liabilities 2022: $0Net Assets 2022: $2,893,6672022Assets 2024: $3,366,502Liabilities 2024: $0Net Assets 2024: $3,366,5022024

Highlighted filing

2014

Assets$1,603,384
Liabilities$0
Net Assets$1,603,384
Open 2014 Filing

Operations Trend

Revenue Growth83rd percentile

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

$600K$400K$200K$0Expenses 2010: $13,6202010Expenses 2011: $12,0092011Expenses 2012: $11,5872012Revenue 2013: $117,524Expenses 2013: $11,754Net Income 2013: $105,7702013Revenue 2014: $155,854Expenses 2014: $11,987Net Income 2014: $143,8672014Revenue 2015: $126,678Expenses 2015: $11,476Net Income 2015: $115,2022015Revenue 2016: $133,866Expenses 2016: $23,683Net Income 2016: $110,1832016Revenue 2017: $146,714Expenses 2017: $76,423Net Income 2017: $70,2912017Revenue 2018: $162,738Expenses 2018: $60,822Net Income 2018: $101,9162018Revenue 2019: $162,089Expenses 2019: $70,218Net Income 2019: $91,8712019Revenue 2020: $172,320Expenses 2020: $40,236Net Income 2020: $132,0842020Revenue 2021: $169,333Expenses 2021: $75,699Net Income 2021: $93,6342021Revenue 2022: $425,840Expenses 2022: $109,307Net Income 2022: $316,5332022Revenue 2024: $222,064Expenses 2024: $70,074Net Income 2024: $151,9902024

Highlighted filing

2014

Revenue$155,854
Expenses$11,987
Net Income$143,867
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 13, 2015
Return Version
2014v5.0
Gross Receipts
$155,854
Mission and Program Overview

Mission

Charitable and philanthropic endeavors in support of and in conjunction with the spartanburg county foundation

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$849,137$875,632▲ $26,495
Total Assets$1,459,517$1,603,384▲ $143,867
Other Assets Total$610,380$727,752▲ $117,372
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,459,517$1,603,384▲ $143,867
Total Net Assets Fund Balance$1,459,517$1,603,384▲ $143,867
Total Liabilities and Net Assets / Fund Balance$1,459,517$1,603,384▲ $143,867

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$10,000--
Other Securities$54,560--
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Andrew J FalatokChairman
Stanford McmillanDirector
T Charles Conrad IiiDirector
Terry L CashDirector
Christopher FalatokSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$100,000
Program Service Revenue
$0
Investment Income
$34,006
Other Revenue
$21,848
All Other Contributions
$100,000
Change in Net Assets
$143,867

Audited Revenue Reconciliation

Revenue per Audited Statements
$134,006
Revenue Not Reported on Financial Statements
$21,848
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$21,848
Total Revenue per Audited Statements
$134,006
Total Revenue per Form 990
$155,854
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,987
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$11,987-$11,987
Total Functional Expenses$0$11,987$0$11,987

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,987
Total Expenses per Form 990$11,987
Expenses Not Reported on Financial Statements$0
Total Expenses per Audited Statements$-9,861
Expenses Not Reported on Form 990$-21,848
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Andrew falatok / lynne falatok family relationship”

Form 990, Part VI, Section B, Line 11

“Copy of form 990 and attachments are given to all trustees for their review prior to filing. The return is reviewed by the president of spartanburg county foundation and a principal trustee of the falatok foundation, who signs the return.”

Form 990, Part VI, Section C, Line 19

“Upon request, the financial statements and form 990 are available for inspection at the office of spartanburg county foundation, 424 e. Kennedy street, spartanburg, sc 29302, telephone 864-582-0138, between the hours of 9am and 4pm, monday through friday.”

Filing and Contact Details

Filer

Filer Name
Falatok Foundation
EIN
26-0641848
Phone
8645820138
Address
424 E KENNEDY STREET, SPARTANBURG, SC 29302

Signing Officer

Name
Andrew J Falatok
Title
Chairman
Phone
8645820138
Signed
2015-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew J Falatok
Formed
2007
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Mcabee Schwartz Halliday & Co
Address
824 EAST MAIN STREET, SPARTANBURG, SC 29302
Preparer
Homer E Mcabee Jr
Phone
8645830886
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2(C)

“The audit is reviewed by the spartanburg county foundation board of trustees. There has been no change in the procedures from prior years.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Excess cash value life insurance”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Excess cash value life insurance”

XXI 4B and XIII 2D

“Excess cash value of life insurance $21,848”

Raw XML AppendixShowing 400 of 417 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CHARITABLE AND PHILANTHROPIC ENDEAVORS IN SUPPORT OF AND IN CONJUNCTION WITH THE SPARTANBURG COUNTY FOUNDATION
IRS990/AllOtherContributionsAmt0100000
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SPARTANBURG COUNTY FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum08645820138
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0424 E KENNEDY STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPARTANBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029302
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0100000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt034006
IRS990/CYOtherExpensesAmt011987
IRS990/CYOtherRevenueAmt021848
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0143867
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt011987
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0155854
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0CHARITABLE AND PHILANTHROPIC ENDEAVORS IN SUPPORT OF AND IN CONJUNCTION WITH THE SPARTANBURG COUNTY FOUNDATION
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt011987
IRS990/FeesForServicesManagementGrp/TotalAmt011987
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0ANDREW J FALATOK
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRISTOPHER FALATOK
IRS990/Form990PartVIISectionAGrp/PersonNm2TERRY L CASH
IRS990/Form990PartVIISectionAGrp/PersonNm3STANFORD MCMILLAN
IRS990/Form990PartVIISectionAGrp/PersonNm4T CHARLES CONRAD III
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0155854
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt034006
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034006
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0849137
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0875632
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CHARITABLE AND PHILANTHROPIC ENDEAVORS IN SUPPORT OF AND IN CONJUNCTION WITH THE SPARTANBURG COUNTY FOUNDATION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01459517
IRS990/NetAssetsOrFundBalancesEOYAmt01603384
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0610380
IRS990/OtherAssetsTotalGrp/EOYAmt0727752
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0EXCESS CASH VALUE LIFE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt021848
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt021848
IRS990/OtherRevenueTotalAmt021848
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANDREW J FALATOK
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0100000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0260
IRS990/PYOtherExpensesAmt011754
IRS990/PYOtherRevenueAmt017264
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0105770
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt011754
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0117524
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0143867
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0570351398
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt011987
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SPARTANBURG COUNTY FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt011987
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt0-21848
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011987
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0717752
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt110000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH VALUE LIFE INSURANCE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NOTES RECEIVABLE
IRS990ScheduleD/OtherExpensesIncludedAmt0-21848
IRS990ScheduleD/OtherRevenuesNotIncludedAmt021848
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt081268
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt169211
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt213102
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt333638
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4105984
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt536918
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt614876
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt725974
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt841875
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt934292
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1092393
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1156508
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1259834
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1386742
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1433466
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1517286
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1617705
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1754560
IRS990ScheduleD/OtherSecuritiesGrp/Desc0WINSTON HEDGED EQUITY FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1SANDERSON INTERNATIONAL VAULE
IRS990ScheduleD/OtherSecuritiesGrp/Desc2WACHOVIA BANK
IRS990ScheduleD/OtherSecuritiesGrp/Desc3T ROWE PRICE MID-CAP EQUITY
IRS990ScheduleD/OtherSecuritiesGrp/Desc4VANGUARD INST'L INDEX
IRS990ScheduleD/OtherSecuritiesGrp/Desc5ACADIAN INTERNATIONAL
IRS990ScheduleD/OtherSecuritiesGrp/Desc6VANGUARD INFLATION-PROTECTED
IRS990ScheduleD/OtherSecuritiesGrp/Desc7AEW GLOBAL PROPERTY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc8WELLINGTON-WTC-CTF DIVERSIFIED
IRS990ScheduleD/OtherSecuritiesGrp/Desc9EATON VANCE STRUCTURED EMERGIN
IRS990ScheduleD/OtherSecuritiesGrp/Desc10WEATHERLOW OFFSHORE FUND I
IRS990ScheduleD/OtherSecuritiesGrp/Desc11VANGUARD INTERMEDIATE-TERM TRE
IRS990ScheduleD/OtherSecuritiesGrp/Desc12FRANKLIN TEMPLETON
IRS990ScheduleD/OtherSecuritiesGrp/Desc13NYE LEDGE CAPITAL
IRS990ScheduleD/OtherSecuritiesGrp/Desc14VANGUARD DEVELOPED MARKETS
IRS990ScheduleD/OtherSecuritiesGrp/Desc15WELLINGTON SMID EQUITY
IRS990ScheduleD/OtherSecuritiesGrp/Desc16VANGUARD EXTENDED
IRS990ScheduleD/OtherSecuritiesGrp/Desc17DODGE & COX INCOME
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd8F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd9F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd10F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd11F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd12F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd13F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd14F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd15F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd16F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd17F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt021848
IRS990ScheduleD/RevenueSubtotalAmt0134006
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EXCESS CASH VALUE LIFE INSURANCE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EXCESS CASH VALUE LIFE INSURANCE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2EXCESS CASH VALUE OF LIFE INSURANCE $21,848
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2XXI 4B AND XIII 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0727752
IRS990ScheduleD/TotalBookValueSecuritiesAmt0875632
IRS990ScheduleD/TotalExpensesPerForm990Amt011987
IRS990ScheduleD/TotalRevenuePerForm990Amt0155854
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0134006
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0-9861
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANDREW FALATOK / LYNNE FALATOK FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF FORM 990 AND ATTACHMENTS ARE GIVEN TO ALL TRUSTEES FOR THEIR REVIEW PRIOR TO FILING. THE RETURN IS REVIEWED BY THE PRESIDENT OF SPARTANBURG COUNTY FOUNDATION AND A PRINCIPAL TRUSTEE OF THE FALATOK FOUNDATION, WHO SIGNS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST, THE FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE FOR INSPECTION AT THE OFFICE OF SPARTANBURG COUNTY FOUNDATION, 424 E. KENNEDY STREET, SPARTANBURG, SC 29302, TELEPHONE 864-582-0138, BETWEEN THE HOURS OF 9AM AND 4PM, MONDAY THROUGH FRIDAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AUDIT IS REVIEWED BY THE SPARTANBURG COUNTY FOUNDATION BOARD OF TRUSTEES. THERE HAS BEEN NO CHANGE IN THE PROCEDURES FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2(C)
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SPARTANBURG COUNTY FOUNDATIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0570351398
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0424 E KENNEDY STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SPARTANBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd029302
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt111987
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SPARTANBURG COUNTY FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1SPARTANBURG COUNTY FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01459517
IRS990/TotalAssetsEOYAmt01603384
IRS990/TotalAssetsGrp/BOYAmt01459517
IRS990/TotalAssetsGrp/EOYAmt01603384
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0100000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011987
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt011987
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01459517
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01603384
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt055854
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0155854
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01459517
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01603384
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01459517
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01603384
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0424 E KENNEDY STREET
IRS990/USAddress/CityNm0SPARTANBURG
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029302
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREW J FALATOK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08645820138
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FALATOK FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FALA
ReturnHeader/Filer/EIN0260641848
ReturnHeader/Filer/PhoneNum08645820138

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,603,384
Liabilities
$0
Net assets
$1,603,384
Revenue
$155,854
Expenses
$11,987
Net income
$143,867
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.00$3.37$0.22$0.07$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.00$2.89$0.43$0.11$0.32
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$0.00$2.71$0.17$0.08$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.00$2.52$0.17$0.04$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.00$2.30$0.16$0.07$0.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.00$2.08$0.16$0.06$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.00$2.05$0.15$0.08$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.00$1.87$0.13$0.02$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$0.13$0.01$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.16$0.01$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.12$0.01$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.00$1.35$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.00$1.15$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.00$1.08$0.01