Civic Intelligence

Hartsville Community Development Foundation

990 • Fiscal year 2013 • EIN 45-5330192

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 17, 2014

214 North Fifth Street29550

(843) 917-0601

Siviq Scores

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

Liabilities / Assets

76th percentile

0.10x

Higher debt load relative to assets than 76% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

$374,282

No earlier filing loaded for comparison.

Net Assets

$338,554

No earlier filing loaded for comparison.

Liabilities

$35,728

No earlier filing loaded for comparison.

Revenue

$493,416

No earlier filing loaded for comparison.

Expenses

$256,745

No earlier filing loaded for comparison.

Net Income

$236,671

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $374,282Liabilities 2013: $35,728Net Assets 2013: $338,5542013Assets 2014: $598,425Liabilities 2014: $54,657Net Assets 2014: $543,7682014Assets 2015: $538,808Liabilities 2015: $95,769Net Assets 2015: $443,0392015Assets 2016: $258,827Liabilities 2016: $25,180Net Assets 2016: $233,6472016Assets 2017: $275,583Liabilities 2017: $68,241Net Assets 2017: $207,3422017Assets 2018: $250,412Liabilities 2018: $43,061Net Assets 2018: $207,3512018Assets 2019: $260,534Liabilities 2019: $19,608Net Assets 2019: $240,9262019Assets 2020: $447,383Liabilities 2020: $197,331Net Assets 2020: $250,0522020Assets 2021: $317,933Liabilities 2021: $118,545Net Assets 2021: $199,3882021Assets 2022: $212,824Liabilities 2022: $33,531Net Assets 2022: $179,2932022Assets 2023: $222,060Liabilities 2023: $50,859Net Assets 2023: $171,2012023Assets 2024: $250,342Liabilities 2024: $86,431Net Assets 2024: $163,9112024

Highlighted filing

2013

Assets$374,282
Liabilities$35,728
Net Assets$338,554

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $493,416Expenses 2013: $256,745Net Income 2013: $236,6712013Revenue 2014: $602,900Expenses 2014: $397,686Net Income 2014: $205,2142014Revenue 2015: $408,960Expenses 2015: $509,689Net Income 2015: -$100,7292015Revenue 2016: $231,204Expenses 2016: $429,096Net Income 2016: -$197,8922016Revenue 2017: $274,268Expenses 2017: $300,573Net Income 2017: -$26,3052017Revenue 2018: $188,438Expenses 2018: $262,112Net Income 2018: -$73,6742018Revenue 2019: $348,351Expenses 2019: $314,776Net Income 2019: $33,5752019Revenue 2020: $414,038Expenses 2020: $404,912Net Income 2020: $9,1262020Revenue 2021: $259,398Expenses 2021: $310,062Net Income 2021: -$50,6642021Revenue 2022: $102,810Expenses 2022: $122,905Net Income 2022: -$20,0952022Revenue 2023: $67,747Expenses 2023: $75,839Net Income 2023: -$8,0922023Revenue 2024: $75,166Expenses 2024: $82,456Net Income 2024: -$7,2902024

Highlighted filing

2013

Revenue$493,416
Expenses$256,745
Net Income$236,671
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 17, 2014
Return Version
2013v3.0
Gross Receipts
$493,416
Mission and Program Overview

Mission

The hartsville community development foundation is engaged to operate exclusively to promote social welfare by stimulating community and economic development, relieving the poor and distressed or the underprivileged through job creation; solicit, collect, receive, accumulate, administer and disburse gifts, funds and property in such manner as will, in the discretion of the board of directors, most effectively further such charitable and educational purpose.

The community foundation for a better hartsvile is a nonprofit, public benefit corporation. It represents a cross-section of business, government and community partners working together to promote social welfare by stimulating community and economic development in hartsville.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$101,883$338,554▲ $236,671
Cash and Non-Interest-Bearing Accounts$101,883$174,229▲ $72,346
Land, Buildings, and Equipment, Net$0$145,053▲ $145,053
Pledges and Grants Receivable$0$50,000▲ $50,000
Prepaid Expenses and Deferred Charges-$5,000-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$101,883$374,282▲ $272,399
Other Assets Total$0--
Liabilities
Accounts Payable and Accrued Expenses$0$35,728▲ $35,728
Total Liabilities$0$35,728▲ $35,728
Net Assets / Fund Balance
Total Net Assets Fund Balance$101,883$338,554▲ $236,671
Total Liabilities and Net Assets / Fund Balance$101,883$374,282▲ $272,399

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,608$460-
Land$130,000--
Equipment$3,459$433-
Leasehold Improvements$8,986$496-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Curtis T LeeChair
Nancy McgeeVice Chair
Carl Melvin Pennington IvBoard Member
Henry CurryBoard Member
Jerome ReyesBoard Member
John Foster IiiBoard Member
Martin S Driggers JrBoard Member
Steve AvantBoard Member
Aimee CoxEx-officio Advisor
Natalie ZeiglerEx-officio Advisor
Barbara SteadmanSecretary
Harold G Cummings IiiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$488,516
Program Service Revenue
$4,600
Investment Income
$0
Other Revenue
$300
All Other Contributions
$424,157
Change in Net Assets
$236,671

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$130,000Appraisal
Total Noncash Contributions1$130,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$256,745
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$45,833--$45,833
Fees for Services Other$43,544--$43,544
Occupancy$15,263--$15,263
All Other Expenses$3,774$50-$3,824
Insurance$3,387--$3,387
Advertising$2,659$99-$2,758
Travel$1,763--$1,763
Other Expenses$1,577$65-$1,642
Depreciation Depletion$1,389--$1,389
Fees for Services Accounting-$1,354-$1,354
Office Expenses$850$135-$985
Conferences and Meetings$675$126-$801
Information Technology$582--$582
Total Functional Expenses$250,590$6,155$0$256,745
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section B, Line 11

A draft copy of the form 990 was reviewed by the board's executive committee prior to filing.

Form 990, Part VI, Section C, Line 18

Documents are available for inspection in person at 145 w. Carolina avenue, hartsville, sc 29550.

Form 990, Part VI, Section C, Line 19

No documents are available to the public.

Filing and Contact Details

Filer

EIN
45-5330192
Phone
8439170601

Signing Officer

Name
Harold G Cummings Iii
Title
Board Treasurer
Phone
8439170601
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harold G Cummings Iii
Formed
2012
Legal Domicile
Sc
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
20

Preparer

Preparer
Marc a Quigley
Phone
8034321424
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Bank fees: program service expenses 24. Management and general expenses 0. Fundraising expenses 0. Total expenses 24. Incubator management fees: program service expenses 43,520. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,520.

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IRS990/ProgSrvcAccomActy2Grp/Desc0HARTSVILLE MASTER PLAN: THE MASTER PLANNING INITIATIVE IS INTENDED TO EXPAND AND UPDATE THE HARTSVILLE 2020 VISION AND CREATE A FRESH, VISUAL FRAMEWORK FOR THE DEVELOPMENT OF THE CITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt089960
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0LEADERSHIP HARTSVILLE: SUPPORTING THE DEVELOPMENT OF FUTURE COMMUNITY LEADERS THROUGH TWO PROGRAMS: AN INNOVATIVE NINE MONTH PROGRAM TO ENHANCE EMERGING AND EXISTING LEADERS KNOWLEDGE ABOUT HARTSVILLE AND A YOUNG PROFESSIONALS GROUP CALLED HARTSVILLE YOUNG PROFESSIONALS (HYP).
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt011363
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt018517
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MAIN STREET HARTSVILLE, OAKDALE NEIGHBORHOOD REVITALIZATION, AND DUKE ENERGY CENTER FOR INNOVATION ARE OTHER SUBSTANTIAL PROGRAMS PROVIDED BY THE FOUNDATION. THROUGH MAIN STREET, HARTSVILLES LEADERS AND BUSINESS OWNERS CAN RECEIVE INFORMATION AND CONSULTING SERVICES INTENDED TO STRENGTHEN THE COMMUNITYS APPROACH TO ORGANIZATION, PROMOTION, DESIGN AND ECONOMIC RESTRUCTURING. THE PROJECT OBJECTIVE FOR OAKDALE NEIGHBORHOOD REVITALIZATION IS TO FACILITATE A NEIGHBORHOOD TRANSFORMATION THAT IMPROVES THE QUALITY OF LIFE FOR RESIDENTS AND EXPANDS ATTRACTIVE HOUSING NEAR DOWNTOWN HARTSVILLE. DUKE ENERGY CENTER FOR INNOVATION PROVIDES OFFICE SPACE TO ENTREPRENEURS AND LINKS THEM TO A VARIETY OF HANDS-ON SUPPORT IN DEVELOPING AND EVALUATING TECH-FOCUSED PRODUCTS, PROTECTING INTELLECTUAL PROPERTY, LOCATING FINANCING OPPORTUNITIES AND CULTIVATING BUSINESS RELATIONSHIPS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0126762
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0390099
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0101883
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0101883
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0101883
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0236671
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0300
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt044600
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0101883
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0338554
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0345057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0345057
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt018359
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt018359
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0112856
IRS990ScheduleA/SubstantialContributorsTotAmt0250560
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0363416
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0363416
IRS990ScheduleA/TotalSupportAmt0363416
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/EquipmentGrp/BookValueAmt03459
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0433
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt03892
IRS990ScheduleD/LandGrp/BookValueAmt0130000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0130000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08986
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0496
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt09482
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02608
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0460
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt03068
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0145053
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt01
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateCommercialGrp/MethodOfDeterminingRevenuesTxt0APPRAISAL
IRS990ScheduleM/RealEstateCommercialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt0130000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE FORM 990 WAS REVIEWED BY THE BOARD'S EXECUTIVE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE FOR INSPECTION IN PERSON AT 145 W. CAROLINA AVENUE, HARTSVILLE, SC 29550.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK FEES: PROGRAM SERVICE EXPENSES 24. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24. INCUBATOR MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 43,520. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,520.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0101883
IRS990/TotalAssetsEOYAmt0374282
IRS990/TotalAssetsGrp/BOYAmt0101883
IRS990/TotalAssetsGrp/EOYAmt0374282
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0488516
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06155
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0250590
IRS990/TotalFunctionalExpensesGrp/TotalAmt0256745
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt035728
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt035728
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0101883
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0338554
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0126762
IRS990/TotalOtherProgSrvcRevenueAmt0390099
IRS990/TotalProgramServiceExpensesAmt0250590
IRS990/TotalProgramServiceRevenueAmt04600
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04900
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0493416
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0101883
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0374282
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01763
IRS990/TravelGrp/TotalAmt01763
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X

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