Civic Intelligence

Anderson School District Five Educational Foundation

990 • Fiscal year 2021 • EIN 47-2373444

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 21, 2022

PO Box 439Anderson, SC 29622

(864) 260-5000

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

92nd percentile

66%

Higher net margin than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

87th percentile

81%

Faster asset growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

88th percentile

126%

Faster revenue growth than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Flat

$487,237

Flat from 2021

Net Assets

Flat

$484,357

Flat from 2021

Liabilities

Flat

$2,880

Flat from 2021

Revenue

Flat

$328,992

Flat from 2021

Expenses

Flat

$111,311

Flat from 2021

Net Income

Flat

$217,681

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $196,994Liabilities 2015: $35,197Net Assets 2015: $161,7972015Assets 2016: $191,246Liabilities 2016: $27,678Net Assets 2016: $163,5682016Assets 2017: $189,367Liabilities 2017: $26,191Net Assets 2017: $163,1762017Assets 2018: $192,398Liabilities 2018: $31,501Net Assets 2018: $160,8972018Assets 2019: $287,166Liabilities 2019: $17,5102019Assets 2020: $269,932Liabilities 2020: $3,256Net Assets 2020: $266,6762020Assets 2021: $487,237Liabilities 2021: $2,880Net Assets 2021: $484,3572021Assets 2021: $487,237Liabilities 2021: $2,880Net Assets 2021: $484,3572021Assets 2022: $482,872Liabilities 2022: $6,118Net Assets 2022: $476,7542022Assets 2023: $502,323Liabilities 2023: $7,608Net Assets 2023: $494,7152023Assets 2025: $481,268Liabilities 2025: $52,372Net Assets 2025: $428,8962025

Highlighted filing

2021

Assets$487,237
Liabilities$2,880
Net Assets$484,357

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $105,058Expenses 2015: $50,271Net Income 2015: $54,7872015Revenue 2016: $134,201Expenses 2016: $132,430Net Income 2016: $1,7712016Revenue 2017: $82,490Expenses 2017: $82,882Net Income 2017: -$3922017Revenue 2018: $71,728Expenses 2018: $74,006Net Income 2018: -$2,2782018Revenue 2019: $180,558Expenses 2019: $71,799Net Income 2019: $108,7592019Revenue 2020: $145,623Expenses 2020: $148,603Net Income 2020: -$2,9802020Revenue 2021: $328,992Expenses 2021: $111,311Net Income 2021: $217,6812021Revenue 2021: $328,992Expenses 2021: $111,311Net Income 2021: $217,6812021Revenue 2022: $264,190Expenses 2022: $271,793Net Income 2022: -$7,6032022Revenue 2023: $181,137Expenses 2023: $163,176Net Income 2023: $17,9612023Revenue 2025: $139,488Expenses 2025: $210,429Net Income 2025: -$70,9412025

Highlighted filing

2021

Revenue$328,992
Expenses$111,311
Net Income$217,681
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 21, 2022
Return Version
2020v4.0
Gross Receipts
$328,992
Mission and Program Overview

Mission

Provide education, scholarships and needed materials exclusively for the benefit of anderson school district five.

Provide education, scholarships and materials exclusively for the benefit of anderson school district five.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$269,932$487,237▲ $217,305
Total Assets$269,932$487,237▲ $217,305
Liabilities
Other Liabilities$3,256$2,880▼ $376
Total Liabilities$3,256$2,880▼ $376
Net Assets / Fund Balance
Net Assets With Donor Restrictions$266,074$483,753▲ $217,679
Net Assets Without Donor Restrictions$602$604▲ $2
Total Net Assets Fund Balance$266,676$484,357▲ $217,681
Total Liabilities and Net Assets / Fund Balance$269,932$487,237▲ $217,305
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$328,388
Program Service Revenue
$0
Investment Income
$604
Other Revenue
$0
All Other Contributions
$328,388
Change in Net Assets
$217,681

Audited Revenue Reconciliation

Revenue per Audited Statements
$328,992
Total Revenue per Audited Statements
$328,992
Total Revenue per Form 990
$328,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$111,311
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 Other$2,912--$2,912
Information Technology$2,549--$2,549
Travel$567--$567
Other Expenses$530--$530
Office Expenses$90--$90
Total Functional Expenses$111,311$0$0$111,311

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$111,311
Total Expenses per Audited Statements$111,311
Total Expenses per Form 990$111,311
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to General Fund$2,880
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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
No
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 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Anderson School District Five
EIN
47-2373444
Phone
8642605000
Address
PO BOX 439, ANDERSON, SC 29622

Signing Officer

Name
Amy Heard
Title
CFO
Phone
8642605000
Signed
2022-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John B Wright
Legal Domicile
Sc
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Greene Finney Cauley Llp
Address
211 E BUTLER RD STE C6, MAULDIN, SC 29662
Preparer
Susan Denise Eidson CPA
Phone
8644517381
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Teacher and instructional grants and materials to support educational learning. Programs include - 1. Anderson institute of technology - program designed to enhance advanced manufacturing learning (including machine tools, mechatronics, and biomedical technology. 2. First quality vex robotics - program designed to support the costs associated with robotics kits learning. 3. Teacher grants -program designed to award teachers with funds to use for the purchase of supplies.

Form 990, Page 2, Part III, Line 4B

Assistance to those in crises. 1. Homeless foundation - program to help homeless and needy students when the federal mckinney-vento homeless program money cannot be used due to restrictions. Items purchased with this program include bus passes, food, motel stays until temporary placement is found, telephone costs, salary reimbursements and supplies. 2. Needy students and staff fund - program designed to fill any immediate financial needs for students and staff as determined by the anderson school district five community outreach division. 3. No kids go hungry - a federal child nutritional program working to ensure that more children, families, and teachers know about nutrition and can take advantage of information and resources.

Form 990, Page 2, Part III, Line 4C

Other program services: 1. Evelyn murphy scholarship - program designed to award a scholarship to a senior student who is the first in their family to attend college. 2. Grainger scholarship - provides a 1,000 scholarship to a senior selected by westside high school and t.l. Hanna high school. 3. Overcoming adversity scholarship- program designed to help students achieve their goal of higher education through attendance, intervention, and recovery. The program awards a scholarship to a senior that has participated in this program. Other reward incentives are provided to eligible students in this program. 4. Anderson county rotc flags - furnish flags to the rotc program.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO THE SCHOOL DISTRICT AS DESCRIBED IN THE PROGRAM SERVICE ACTIVITIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TEACHER AND INSTRUCTIONAL GRANTS AND MATERIALS TO SUPPORT EDUCATIONAL LEARNING. PROGRAMS INCLUDE - 1. ANDERSON INSTITUTE OF TECHNOLOGY - PROGRAM DESIGNED TO ENHANCE ADVANCED MANUFACTURING LEARNING (INCLUDING MACHINE TOOLS, MECHATRONICS, AND BIOMEDICAL TECHNOLOGY. 2. FIRST QUALITY VEX ROBOTICS - PROGRAM DESIGNED TO SUPPORT THE COSTS ASSOCIATED WITH ROBOTICS KITS LEARNING. 3. TEACHER GRANTS -PROGRAM DESIGNED TO AWARD TEACHERS WITH FUNDS TO USE FOR THE PURCHASE OF SUPPLIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ASSISTANCE TO THOSE IN CRISES. 1. HOMELESS FOUNDATION - PROGRAM TO HELP HOMELESS AND NEEDY STUDENTS WHEN THE FEDERAL MCKINNEY-VENTO HOMELESS PROGRAM MONEY CANNOT BE USED DUE TO RESTRICTIONS. ITEMS PURCHASED WITH THIS PROGRAM INCLUDE BUS PASSES, FOOD, MOTEL STAYS UNTIL TEMPORARY PLACEMENT IS FOUND, TELEPHONE COSTS, SALARY REIMBURSEMENTS AND SUPPLIES. 2. NEEDY STUDENTS AND STAFF FUND - PROGRAM DESIGNED TO FILL ANY IMMEDIATE FINANCIAL NEEDS FOR STUDENTS AND STAFF AS DETERMINED BY THE ANDERSON SCHOOL DISTRICT FIVE COMMUNITY OUTREACH DIVISION. 3. NO KIDS GO HUNGRY - A FEDERAL CHILD NUTRITIONAL PROGRAM WORKING TO ENSURE THAT MORE CHILDREN, FAMILIES, AND TEACHERS KNOW ABOUT NUTRITION AND CAN TAKE ADVANTAGE OF INFORMATION AND RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER PROGRAM SERVICES: 1. EVELYN MURPHY SCHOLARSHIP - PROGRAM DESIGNED TO AWARD A SCHOLARSHIP TO A SENIOR STUDENT WHO IS THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE. 2. GRAINGER SCHOLARSHIP - PROVIDES A 1,000 SCHOLARSHIP TO A SENIOR SELECTED BY WESTSIDE HIGH SCHOOL AND T.L. HANNA HIGH SCHOOL. 3. OVERCOMING ADVERSITY SCHOLARSHIP- PROGRAM DESIGNED TO HELP STUDENTS ACHIEVE THEIR GOAL OF HIGHER EDUCATION THROUGH ATTENDANCE, INTERVENTION, AND RECOVERY. THE PROGRAM AWARDS A SCHOLARSHIP TO A SENIOR THAT HAS PARTICIPATED IN THIS PROGRAM. OTHER REWARD INCENTIVES ARE PROVIDED TO ELIGIBLE STUDENTS IN THIS PROGRAM. 4. ANDERSON COUNTY ROTC FLAGS - FURNISH FLAGS TO THE ROTC PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-20
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ReturnHeader/ReturnTs02022-04-22T10:06:13-05:00
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ReturnHeader/TaxPeriodBeginDt02020-07-01
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ReturnHeader/TaxYr02020

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