Liabilities / Assets
36th percentile
Higher debt load relative to assets than 36% of similar nonprofits.
EIN 45-2104341 • 501(c)3 • Spartanburg, SC
Profile
Spartanburg academic movement is an "all-in" partnership of schools and colleges, businesses, governments, foundations, faith communities and individuals across spartanburg county in pursuit of high levels of educational achievement. The collective mission is we ensure spartanburg county's children and youth reach academic and life success by convening partners, aligning resources and driving equity.
Refreshing map…
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
36th percentile
Higher debt load relative to assets than 36% of similar nonprofits.
Liabilities / Revenue
34th percentile
Higher debt load relative to revenue than 34% of similar nonprofits.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
47th percentile
Higher top officer pay than 47% of similar nonprofits.
Top officer pay equals 1.2% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Assets
Up$21,223,148
Up $10,581,613 (+99%) from 2023
Liabilities
Up$1,617,047
Up $1,386,642 (+602%) from 2023
Net Assets
Up$19,606,101
Up $9,194,971 (+88%) from 2023
Revenue
Up$14,396,774
Up $4,897,118 (+52%) from 2023
Expenses
Up$5,201,803
Up $2,745,752 (+112%) from 2023
Net Income
Up$9,194,971
Up $2,151,366 (+31%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Spartanburg academic movement is an "all-in" partnership of schools and colleges, businesses, governments, foundations, faith communities and individuals across spartanburg county in pursuit of high levels of educational achievement. The collective mission is we ensure spartanburg county's children and youth reach academic and life success by convening partners, aligning resources and driving equity.
Spartanburg academic movement is an "all-in" partnership of schools and colleges, businesses, governments, foundations, faith communities and individuals across spartanburg county in pursuit of high levels of educational achievement. The collective mission is we ensure spartanburg county's children and youth reach academic and life success by convening partners, aligning resources and advancing opportunity for all.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $7,896,495 | $13,182,499 | ▲ $5,286,004 |
| Savings and Temporary Cash Investments | $250,000 | $5,598,329 | ▲ $5,348,329 |
| Land, Buildings, and Equipment, Net | $48,540 | $204,748 | ▲ $156,208 |
| Cash and Non-Interest-Bearing Accounts | $1,622,176 | $64,745 | ▼ $1,557,431 |
| Accounts Receivable | - | $225 | - |
| Total Assets | $10,641,535 | $21,223,148 | ▲ $10,581,613 |
| Other Assets Total | $824,324 | $2,172,602 | ▲ $1,348,278 |
| Liabilities | |||
| Other Liabilities | $59,514 | $1,510,375 | ▲ $1,450,861 |
| Accounts Payable and Accrued Expenses | $92,016 | $101,947 | ▲ $9,931 |
| Deferred Revenue | $78,875 | $4,725 | ▼ $74,150 |
| Total Liabilities | $230,405 | $1,617,047 | ▲ $1,386,642 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $8,474,217 | $12,778,817 | ▲ $4,304,600 |
| Net Assets Without Donor Restrictions | $1,936,913 | $6,827,284 | ▲ $4,890,371 |
| Total Net Assets Fund Balance | $10,411,130 | $19,606,101 | ▲ $9,194,971 |
| Total Liabilities and Net Assets / Fund Balance | $10,641,535 | $21,223,148 | ▲ $10,581,613 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $199,562 | $51,903 | $251,465 |
| Leasehold Improvements | $5,186 | $88 | $5,274 |
| Other Assets Org | $600 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Dr Russell Booker | Chief Exec O | FT | $167,130 | $9,750 | $176,880 |
| Dr Russell Booker | Chief Exec Officer | - | $167,130 | $9,750 | $176,880 |
| Name | Title |
|---|---|
| Phil Feisal | Chair |
| Paige Stephenson | Vice Chair |
| Allen Smith | Director |
| Araceli Hernandez-laroche | Director |
| Catherine Bass Black | Director |
| Dr Bennie Harris | Director |
| Dr Ingo Angermeier | Director |
| Dr John Stockwell | Director |
| Dr Michael Mikota | Director |
| Dr Randall Gary | Director |
| Molly Talbot-metz | Director |
| Mr William Barnet Iii | Director |
| SHAUNTE' EVANS | Director |
| Todd Stephens | Director |
| Troy Hanna | Director |
| Susu Johnson | Emeritus |
| Dr Kira Reaves | Secretary |
| B Cole Alverson | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,434,709 |
| Salaries, Compensation, and Employee Benefits | $2,198,279 |
| Grants and Similar Amounts Paid | $568,815 |
| Total Fundraising Expense | $93,729 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,534,241 | $56,019 | $56,019 | $1,646,279 |
| Fees for Services Other | $1,383,156 | - | - | $1,383,156 |
| Grants to Domestic Orgs | $543,803 | - | - | $543,803 |
| Occupancy | $310,683 | $16,352 | - | $327,035 |
| Pension Plan Contributions | $197,805 | $8,913 | $8,913 | $215,631 |
| Current Officers, Directors, Trustees, and Key Employees | $164,000 | $20,500 | $20,500 | $205,000 |
| Payroll Taxes | $120,509 | $5,430 | $5,430 | $131,369 |
| All Other Expenses | $119,745 | $335 | $52 | $120,132 |
| Conferences and Meetings | $113,249 | - | - | $113,249 |
| Advertising | $78,008 | - | $2,736 | $80,744 |
| Travel | $59,301 | - | - | $59,301 |
| Other Expenses | $37,894 | $22,896 | - | $37,894 |
| Depreciation Depletion | $33,940 | - | - | $33,940 |
| Grants to Domestic Individuals | $25,012 | - | - | $25,012 |
| Fees for Services Accounting | - | $12,114 | - | $12,114 |
| Office Expenses | $11,645 | - | $79 | $11,724 |
| Insurance | - | $11,332 | - | $11,332 |
| Fees for Service Investment Mgmnt Fees | - | $9,721 | - | $9,721 |
| Total Functional Expenses | $4,944,462 | $163,612 | $93,729 | $5,201,803 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $5,201,803 |
| Expenses per Audited Statements | $5,192,082 |
| Total Expenses per Audited Statements | $5,192,082 |
| Expenses Not Reported on Financial Statements | $9,721 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Spartanburg County Foundation | Spartanburg, SC | - | Core Strength Projec | $100,000 |
| Institute for Child Success | Greenville, SC | - | Pritzker Childrens | $92,500 |
| Union County School District | Union, SC | - | Union Uplifted Grant | $87,500 |
| Union Community Foundation | Union, SC | - | Blackrock Subgrant | $75,000 |
| United Way of the Piedmont | Spartanburg, SC | - | Grant Award for Uwp | $60,000 |
| Spartanburg School District 1 | Campobello, SC | - | District Grant | $25,000 |
| The Sound of Learning | Boiling Springs, SC | - | Summer/after School | $10,700 |
| Benjamin E Mays Family Resource Ctr | Pacolet, SC | - | Rapid Grant | $10,000 |
| Come Closer | Spartanburg, SC | - | Rapid Grant | $10,000 |
| Middle Tyger Community Center | Lyman, SC | - | Rapid Grant | $10,000 |
| Northside Development | Spartanburg, SC | - | Rapid Grant | $10,000 |
| The Bethlehem Center | Spartanburg, SC | - | Rapid Grant | $10,000 |
| Upstate Family Resource Center | Boiling Springs, SC | - | Rapid Grant | $10,000 |
| Brothers Restoring Urban Hope | Spartanburg, SC | - | Summer Shakedown | $7,400 |
| Spartanburg Regional Foundation | Spartanburg, SC | - | Reimbursement | $7,383 |
| Uplift Outreach Center | Spartanburg, SC | - | Summer Shakedown | $6,600 |
| Bloom Upstate | Spartanburg, SC | - | Ost Summer Camp Scho | $5,520 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Operating Lease Liability | $1,510,375 |
“Members of the audit committee of the board of trustees are provided a copy of the tax return for review and comment before the tax return is finalized and submitted.”
“The directors and all employees complete a conflict of interest questionnaire annually and they are reviewed by the chief executive officer and the director of administrative affairs. If any conflicts or potential conflicts are noted, they are presented to the board and other appropriate personnel for future reference.”
“Dr. Booker's compensation is determined by majority vote of the board of directors at their annual meeting.”
“All employees' compensation is determined by the chief executive officer.”
“Governing documents are available for public inspection at the organization's location during normal business hours. Seven days' prior notification is requested for inspection of documents.”
“Spartanburg academic movement is an "all-in" partnership of schools and colleges, businesses, governments, foundations, faith communities and individuals across spartanburg county in pursuit of high levels of educational achievement. The collective mission is we ensure spartanburg county's children and youth reach academic and life success by convening partners, aligning resources and advancing opportunity for all.”
“The history and a detailed description of sam's program accomplishments are available on the organization's website: www.learnwithsam.org. The spartanburg academic movement (sam) is both a non-profit organization and a collaborative impact movement using data and research to identify achievement gaps, work with community partners to reduce and remove those gaps, and ultimately create better opportunities for all, anchored in academic achievement. Sam was formed in 2013, combining the work of the children's services alliance and the college hub to create the cradle through career perspective for community building and action. Sam works to ensure that children and youth reach academic and life success by convening program and service delivery partners, aligning resources, and advancing opportunity for all. Sam specifically monitors academic achievement indicators: kindergarten readiness, third grade reading, eighth grade math, college/career-ready high school graduation, postsecondary enrollment, and postsecondary persistence and completion. To date, sam has built collaborative action/collective impact partnerships with well over 150 program and service providers across the many sectors impacting children, youth and families: academic/schools, healthcare, social services and supports, government and housing agencies. We engage these partners with one another and our data to implement action plans that respond directly to the needs of the children/families/communities we serve. We use the strivetogether (www.strivetogether.org) impact model and theory of action to guide the process. Sam offers training in continuous improvement practices through its wardlaw center for improvement science, providing partners a data-driven approach for tracking impact and guiding future action planning. Sam also offers training through the center for resilient schools and communities by working with spartanburg county families, schools, and communities to build supports and systems that increase children's success, particularly in neighborhoods where educational disparities exist.”
“1,383,156 0 0”
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/ActivityOrMissionDesc | 0 | SPARTANBURG ACADEMIC MOVEMENT IS AN "ALL-IN" PARTNERSHIP OF SCHOOLS AND COLLEGES, BUSINESSES, GOVERNMENTS, FOUNDATIONS, FAITH COMMUNITIES AND INDIVIDUALS ACROSS SPARTANBURG COUNTY IN PURSUIT OF HIGH LEVELS OF EDUCATIONAL ACHIEVEMENT. THE COLLECTIVE MISSION IS WE ENSURE SPARTANBURG COUNTY'S CHILDREN AND YOUTH REACH ACADEMIC AND LIFE SUCCESS BY CONVENING PARTNERS, ALIGNING RESOURCES AND ADVANCING OPPORTUNITY FOR ALL. |
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| IRS990/Desc | 0 | THE HISTORY AND A DETAILED DESCRIPTION OF SAM'S PROGRAM ACCOMPLISHMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE: WWW.LEARNWITHSAM.ORG. THE SPARTANBURG ACADEMIC MOVEMENT (SAM) IS BOTH A NON-PROFIT ORGANIZATION AND A COLLABORATIVE IMPACT MOVEMENT USING DATA AND RESEARCH TO IDENTIFY ACHIEVEMENT GAPS, WORK WITH COMMUNITY PARTNERS TO REDUCE AND REMOVE THOSE GAPS, AND ULTIMATELY CREATE BETTER OPPORTUNITIES FOR ALL, ANCHORED IN ACADEMIC ACHIEVEMENT. SAM WAS FORMED IN 2013, COMBINING THE WORK OF THE CHILDREN'S SERVICES ALLIANCE AND THE COLLEGE HUB TO CREATE THE CRADLE THROUGH CAREER PERSPECTIVE FOR COMMUNITY BUILDING AND ACTION. SAM WORKS TO ENSURE THAT CHILDREN AND YOUTH REACH ACADEMIC AND LIFE SUCCESS BY CONVENING PROGRAM AND SERVICE DELIVERY PARTNERS, ALIGNING RESOURCES, AND ADVANCING OPPORTUNITY FOR ALL. SAM SPECIFICALLY MONITORS ACADEMIC ACHIEVEMENT INDICATORS: KINDERGARTEN READINESS, THIRD GRADE READING, EIGHTH GRADE MATH, COLLEGE/CAREER-READY HIGH SCHOOL GRADUATION, POSTSECONDARY ENROLLMENT, AND POSTSECONDARY PERSISTENCE AND COMPLETION. TO DATE, SAM HAS BUILT COLLABORATIVE ACTION/COLLECTIVE IMPACT PARTNERSHIPS WITH WELL OVER 150 PROGRAM AND SERVICE PROVIDERS ACROSS THE MANY SECTORS IMPACTING CHILDREN, YOUTH AND FAMILIES: ACADEMIC/SCHOOLS, HEALTHCARE, SOCIAL SERVICES AND SUPPORTS, GOVERNMENT AND HOUSING AGENCIES. WE ENGAGE THESE PARTNERS WITH ONE ANOTHER AND OUR DATA TO IMPLEMENT ACTION PLANS THAT RESPOND DIRECTLY TO THE NEEDS OF THE CHILDREN/FAMILIES/COMMUNITIES WE SERVE. WE USE THE STRIVETOGETHER (WWW.STRIVETOGETHER.ORG) IMPACT MODEL AND THEORY OF ACTION TO GUIDE THE PROCESS. SAM OFFERS TRAINING IN CONTINUOUS IMPROVEMENT PRACTICES THROUGH ITS WARDLAW CENTER FOR IMPROVEMENT SCIENCE, PROVIDING PARTNERS A DATA-DRIVEN APPROACH FOR TRACKING IMPACT AND GUIDING FUTURE ACTION PLANNING. SAM ALSO OFFERS TRAINING THROUGH THE CENTER FOR RESILIENT SCHOOLS AND COMMUNITIES BY WORKING WITH SPARTANBURG COUNTY FAMILIES, SCHOOLS, AND COMMUNITIES TO BUILD SUPPORTS AND SYSTEMS THAT INCREASE CHILDREN'S SUCCESS, PARTICULARLY IN NEIGHBORHOODS WHERE EDUCATIONAL DISPARITIES EXIST. |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | TROY HANNA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TODD STEPHENS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | PAIGE STEPHENSON |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ARACELI HERNANDEZ-LAROCHE |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | DR MICHAEL MIKOTA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | ALLEN SMITH |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | SUSU JOHNSON |
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