Civic Intelligence

The Original Six Foundation

990 • Fiscal year 2020 • EIN 45-3709610

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 11, 2020

Post Office Box 2246Columbia, SC 29202-2246

(803) 244-9511

Siviq Scores

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

Liabilities / Assets

34th percentile

0.00x

Higher debt load relative to assets than 34% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$95,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

78th percentile

37%

Faster asset growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

95th percentile

166%

Faster revenue growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$797,894

Up $214,109 (+37%) from 2019

Net Assets

Up

$794,219

Up $212,279 (+36%) from 2019

Liabilities

Up

$3,675

Up $1,830 (+99%) from 2019

Revenue

Up

$590,042

Up $367,850 (+166%) from 2019

Expenses

Up

$377,756

Up $191,169 (+102%) from 2019

Net Income

Up

$212,286

Up $176,681 (+496%) 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$0Assets 2012: $56,585Liabilities 2012: $0Net Assets 2012: $56,5852012Assets 2013: $309,456Liabilities 2013: $2,171Net Assets 2013: $307,2852013Assets 2014: $547,245Liabilities 2014: $2,526Net Assets 2014: $544,7192014Assets 2015: $721,174Liabilities 2015: $1,493Net Assets 2015: $719,6812015Assets 2016: $839,351Liabilities 2016: $1,449Net Assets 2016: $837,9022016Assets 2017: $677,375Liabilities 2017: $2,242Net Assets 2017: $675,1332017Assets 2018: $547,381Liabilities 2018: $1,352Net Assets 2018: $546,0292018Assets 2019: $583,785Liabilities 2019: $1,845Net Assets 2019: $581,9402019Assets 2020: $797,894Liabilities 2020: $3,675Net Assets 2020: $794,2192020Assets 2021: $1,045,508Liabilities 2021: $3,699Net Assets 2021: $1,041,8092021Assets 2022: $1,061,481Liabilities 2022: $4,537Net Assets 2022: $1,056,9442022Assets 2023: $853,522Liabilities 2023: $9,100Net Assets 2023: $844,4222023Assets 2024: $834,605Liabilities 2024: $84Net Assets 2024: $834,5212024

Highlighted filing

2020

Assets$797,894
Liabilities$3,675
Net Assets$794,219

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $112,260Expenses 2012: $55,675Net Income 2012: $56,5852012Expenses 2013: $146,5922013Revenue 2014: $388,791Expenses 2014: $151,357Net Income 2014: $237,4342014Revenue 2015: $255,296Expenses 2015: $80,334Net Income 2015: $174,9622015Revenue 2016: $331,383Expenses 2016: $213,162Net Income 2016: $118,2212016Revenue 2017: $192,421Expenses 2017: $354,345Net Income 2017: -$161,9242017Revenue 2018: $73,256Expenses 2018: $202,564Net Income 2018: -$129,3082018Revenue 2019: $222,192Expenses 2019: $186,587Net Income 2019: $35,6052019Revenue 2020: $590,042Expenses 2020: $377,756Net Income 2020: $212,2862020Revenue 2021: $632,656Expenses 2021: $385,066Net Income 2021: $247,5902021Revenue 2022: $560,504Expenses 2022: $510,724Net Income 2022: $49,7802022Revenue 2023: $623,994Expenses 2023: $823,132Net Income 2023: -$199,1382023Revenue 2024: $971,097Expenses 2024: $985,112Net Income 2024: -$14,0152024

Highlighted filing

2020

Revenue$590,042
Expenses$377,756
Net Income$212,286
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$603,495
Mission and Program Overview

Mission

The mission of the original six foundation is to serve as a catalyst for change by uniting public, private and civic leaders and resources to identify and address the challenging issues facing south carolina's communities with the purpose of leaving the communities feeling empowered and positively impacted.

The o6 foundation funds rural education initiatives and after-school programs in sc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$581,940$794,219▲ $212,279
Savings and Temporary Cash Investments$363,162$793,003▲ $429,841
Cash and Non-Interest-Bearing Accounts$215,740--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$583,785$797,894▲ $214,109
Other Assets Total$4,883$4,891▲ $8
Liabilities
Accounts Payable and Accrued Expenses$1,845$3,675▲ $1,830
Total Liabilities$1,845$3,675▲ $1,830
Net Assets / Fund Balance
Total Net Assets Fund Balance$581,940$794,219▲ $212,279
Total Liabilities and Net Assets / Fund Balance$583,785$797,894▲ $214,109
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nicki HoodExecutive DirectorFT$95,000$95,000
Nick WashingtonProgram Mgr/directorFT$74,583$74,583

Board Members and Trustees

NameTitle
Nikki R HaleyChair/founder
Mikee JohnsonVice Chair
Bob EdwardsTrustee
Kimberli ScottTrustee
Michael HaleyTrustee
Will JohnsonTrustee
Audrey RandolphSecretary
Candace LeaphartTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$556,676
Program Service Revenue
$0
Investment Income
$6,793
Other Revenue
$26,573
All Other Contributions
$478,011
Change in Net Assets
$212,286
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$194,663
Salaries, Compensation, and Employee Benefits$183,093
Total Fundraising Expense$34,938
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$134,709$10,716$24,663$170,088
Office Expenses$17,872$1,420$3,272$22,564
Payroll Taxes$10,300$819$1,886$13,005
Insurance$7,146$568$1,308$9,022
Fees for Services Other$7,134$567$1,306$9,007
Occupancy$4,752$378$870$6,000
Travel$2,144-$1,131$3,275
Advertising$2,083$166$381$2,630
Other Expenses$570$45$104$719
Information Technology$95$8$17$120
Total Functional Expenses$328,131$14,687$34,938$377,756
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$40,026
Fundraising Direct Expenses$13,453
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tourney$70,936$21,736$8,670$13,066
Shoot Out$47,755$18,290$1,672$16,618
Total Events$118,691$40,026$13,452$26,574
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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, Section A, Line 2

Michael haley, a member of the board of trustees, is married to the founder and chair of the board, nikki haley.

Form 990, Part VI, Section B, Line 11B

A copy of the 990 is reviewed by the executive board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members are required to disclose any potential conflicts of interest to the full board of trustees. The board as a body then determines if there is in fact a conflict of interest. The board member disclosing the potential conflict cannot be involved in the discussions and vote on the existence of a conflict, nor can the trustee vote on proceeding with the transaction in question.

Form 990, Part VI, Section B, Line 15

The chairman and vice chairman of the board of directors use data from independent sources to help determine compensation.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, financial statements, and annual form 990 are available upon request.

Filing and Contact Details

Filer

Filer Name
The Original Six Foundation
EIN
45-3709610
Phone
8032449511
Address
POST OFFICE BOX 2246, COLUMBIA, SC 29202-2246

Signing Officer

Name
Candace Leaphart
Title
Treasurer
Phone
8032449511
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Candace Leaphart
Formed
2011
Legal Domicile
Sc
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
24

Preparer

Firm
Elliott Davis Llcpllc
Address
500 EAST MOREHEAD STREET SUITE 700, CHARLOTTE, NC 28202
Preparer
Janice a Ratica
Phone
7043338881
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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/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0581940
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0225909
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06793
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06656
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt020995
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IRS990ScheduleA/PublicSupportPY170Pct00.59620
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IRS990ScheduleA/SubstantialContributorsTotAmt0543065
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0556676
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0222589
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IRS990/ScheduleBRequiredInd01
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IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MICHAEL HALEY, A MEMBER OF THE BOARD OF TRUSTEES, IS MARRIED TO THE FOUNDER AND CHAIR OF THE BOARD, NIKKI HALEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 IS REVIEWED BY THE EXECUTIVE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST TO THE FULL BOARD OF TRUSTEES. THE BOARD AS A BODY THEN DETERMINES IF THERE IS IN FACT A CONFLICT OF INTEREST. THE BOARD MEMBER DISCLOSING THE POTENTIAL CONFLICT CANNOT BE INVOLVED IN THE DISCUSSIONS AND VOTE ON THE EXISTENCE OF A CONFLICT, NOR CAN THE TRUSTEE VOTE ON PROCEEDING WITH THE TRANSACTION IN QUESTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CHAIRMAN AND VICE CHAIRMAN OF THE BOARD OF DIRECTORS USE DATA FROM INDEPENDENT SOURCES TO HELP DETERMINE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND ANNUAL FORM 990 ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TerminateOperationsInd00
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0COLUMBIA
IRS990/USAddress/StateAbbreviationCd0SC
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IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.ORIGINALSIXFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CANDACE LEAPHART
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08032449511
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ORIGINAL SIX FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ORIG
ReturnHeader/Filer/EIN0453709610

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