Civic Intelligence

Coastal Educational Foundation

EIN 57-0354696 • 501(c)3 • Conway, SC

Profile

To provide support to coastal carolina university through charitable donations received primarily from individual donors.

PO Box 261954Conway, SC 29528

www.coastal.edu/CEF

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.08x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

1.66x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

2nd percentile

-91%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

66th percentile

11%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-25%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$90,183,634

Up $7,876,609 (+9.6%) from 2024

Liabilities

Up

$6,685,632

Up $111,968 (+1.7%) from 2024

Net Assets

Up

$83,498,002

Up $7,764,641 (+10%) from 2024

Revenue

Down

$3,732,971

Down $219,182 (-5.5%) from 2024

Expenses

Down

$3,322,260

Down $4,229,059 (-56%) from 2024

Net Income

Up

$410,711

Up $4,009,877 (+111%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2010: $30,264,572Liabilities 2010: $2,251,973Net Assets 2010: $28,012,5992010Assets 2011: $32,325,458Liabilities 2011: $1,102,630Net Assets 2011: $31,222,8282011Assets 2012: $31,364,999Liabilities 2012: $1,266,987Net Assets 2012: $30,098,0122012Assets 2013: $33,219,484Liabilities 2013: $664,561Net Assets 2013: $32,554,9232013Assets 2014: $37,389,627Liabilities 2014: $742,244Net Assets 2014: $36,647,3832014Assets 2015: $38,530,740Liabilities 2015: $925,706Net Assets 2015: $37,605,0342015Assets 2016: $39,234,056Liabilities 2016: $1,061,554Net Assets 2016: $38,172,5022016Assets 2017: $44,386,218Liabilities 2017: $1,084,490Net Assets 2017: $43,301,7282017Assets 2018: $49,509,233Liabilities 2018: $1,861,321Net Assets 2018: $47,647,9122018Assets 2019: $56,823,016Liabilities 2019: $1,514,301Net Assets 2019: $55,308,7152019Assets 2020: $60,035,349Liabilities 2020: $1,060,769Net Assets 2020: $58,974,5802020Assets 2021: $74,157,228Liabilities 2021: $1,548,240Net Assets 2021: $72,608,9882021Assets 2022: $66,712,736Liabilities 2022: $2,062,301Net Assets 2022: $64,650,4352022Assets 2023: $74,413,716Liabilities 2023: $2,167,726Net Assets 2023: $72,245,9902023Assets 2024: $82,307,025Liabilities 2024: $6,573,664Net Assets 2024: $75,733,3612024Assets 2025: $90,183,634Liabilities 2025: $6,685,632Net Assets 2025: $83,498,0022025

Highlighted filing

2025

Assets$90,183,634
Liabilities$6,685,632
Net Assets$83,498,002

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $6,906,5022010Expenses 2011: $2,611,6202011Expenses 2012: $6,027,7522012Expenses 2013: $8,273,9472013Revenue 2014: $5,535,521Expenses 2014: $3,724,576Net Income 2014: $1,810,9452014Revenue 2015: $3,140,842Expenses 2015: $3,067,520Net Income 2015: $73,3222015Revenue 2016: $3,254,733Expenses 2016: $2,720,161Net Income 2016: $534,5722016Revenue 2017: $4,615,843Expenses 2017: $2,375,259Net Income 2017: $2,240,5842017Revenue 2018: $5,520,540Expenses 2018: $4,158,933Net Income 2018: $1,361,6072018Revenue 2019: $8,393,651Expenses 2019: $2,703,862Net Income 2019: $5,689,7892019Revenue 2020: $5,163,706Expenses 2020: $2,671,573Net Income 2020: $2,492,1332020Revenue 2021: $2,867,755Expenses 2021: $2,162,700Net Income 2021: $705,0552021Revenue 2022: $7,277,731Expenses 2022: $6,753,954Net Income 2022: $523,7772022Revenue 2023: $5,236,617Expenses 2023: $3,320,748Net Income 2023: $1,915,8692023Revenue 2024: $3,952,153Expenses 2024: $7,551,319Net Income 2024: -$3,599,1662024Revenue 2025: $3,732,971Expenses 2025: $3,322,260Net Income 2025: $410,7112025

Highlighted filing

2025

Revenue$3,732,971
Expenses$3,322,260
Net Income$410,711

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$90.2$6.69$83.5$3.73$3.32$0.41
2024Detailed filing. Detailed filing data is available for this year.$82.3$6.57$75.7$3.95$7.55$3.60
2023Detailed filing. Detailed filing data is available for this year.$74.4$2.17$72.2$5.24$3.32$1.92
2022Detailed filing. Detailed filing data is available for this year.$66.7$2.06$64.7$7.28$6.75$0.52
2021Detailed filing. Detailed filing data is available for this year.$74.2$1.55$72.6$2.87$2.16$0.71
2020Detailed filing. Detailed filing data is available for this year.$60.0$1.06$59.0$5.16$2.67$2.49
2019Detailed filing. Detailed filing data is available for this year.$56.8$1.51$55.3$8.39$2.70$5.69
2018Detailed filing. Detailed filing data is available for this year.$49.5$1.86$47.6$5.52$4.16$1.36
2017Detailed filing. Detailed filing data is available for this year.$44.4$1.08$43.3$4.62$2.38$2.24
2016Detailed filing. Detailed filing data is available for this year.$39.2$1.06$38.2$3.25$2.72$0.53
2015Detailed filing. Detailed filing data is available for this year.$38.5$0.93$37.6$3.14$3.07$0.07
2014Detailed filing. Detailed filing data is available for this year.$37.4$0.74$36.6$5.54$3.72$1.81
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.2$0.66$32.6$8.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.4$1.27$30.1$6.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.3$1.10$31.2$2.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.3$2.25$28.0$6.91
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 24, 2026
Return Version
2024v5.5
Gross Receipts
$4,009,179
Mission and Program Overview

Mission

To provide support to coastal carolina university through charitable donations received primarily from individual donors.

Support coastal carolina university through scholarships and programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$64,524,796$72,629,538▲ $8,104,742
Land, Buildings, and Equipment, Net$6,070,774$6,046,535▼ $24,239
Cash and Non-Interest-Bearing Accounts$3,560,125$4,514,858▲ $954,733
Investments Other Securities$3,565,425$3,652,175▲ $86,750
Pledges and Grants Receivable$4,518,308$3,252,487▼ $1,265,821
Prepaid Expenses and Deferred Charges$0$5,715▲ $5,715
Total Assets$82,307,025$90,183,634▲ $7,876,609
Other Assets Total$67,597$82,326▲ $14,729
Liabilities
Accounts Payable and Accrued Expenses$6,545,331$6,685,632▲ $140,301
Deferred Revenue$28,333$0▼ $28,333
Total Liabilities$6,573,664$6,685,632▲ $111,968
Net Assets / Fund Balance
Net Assets With Donor Restrictions$64,838,861$70,556,013▲ $5,717,152
Net Assets Without Donor Restrictions$10,894,500$12,941,989▲ $2,047,489
Total Net Assets Fund Balance$75,733,361$83,498,002▲ $7,764,641
Total Liabilities and Net Assets / Fund Balance$82,307,025$90,183,634▲ $7,876,609

Asset Categories

AssetBook ValueDepreciationBasis
Land$5,634,014-$5,634,014
Buildings$412,521$214,146$626,667
Other Land Buildings$0$21,985$21,985
Equipment$0$15,161$15,161

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$57,390,792$800,766▲ $6,340,370$1,653,341$62,878,587
2023$51,230,239$1,548,659▲ $5,978,524$1,366,630$57,390,792
2022$44,415,545$3,272,166▲ $4,860,880$1,318,352$51,230,239
2021$50,836,785$2,151,358▼ $7,108,687$1,463,911$44,415,545
2020$39,685,842$1,724,943▲ $10,778,422$1,353,060$50,836,785
Compensation and Service Providers

Highest Paid Contractors

ContractorServicesLocationCompensation
Michael BensonStipend Paid Ccu Support302 CLUB DRIVE, Myrtle Beach, SC 29572$280,000
Revenue and Support

Revenue Composition

Contributions and Grants
$2,094,633
Program Service Revenue
$0
Investment Income
$1,283,949
Other Revenue
$354,389
All Other Contributions
$1,859,213
Change in Net Assets
$410,711

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$356,070Fair Market Value
Food Inventory2$15,170Comparable Sales
Clothing and Household Goods-$10,000Comparable Sales
Other Non Cash Contri Table17$5,208Comparable Sales
Other Non Cash Contri Table1$3,000Comparable Sales
Other Non Cash Contri Table1$2,850Comparable Sales
Other Non Cash Contri Table2$796Comparable Sales
Total Noncash Contributions27$393,094-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,639,376
Revenue Not Reported on Financial Statements
$93,595
Revenue Not Reported on Form 990
$8,152,890
Other Revenue Adjustments
$93,595
Total Revenue per Audited Statements
$11,792,266
Total Revenue per Form 990
$3,732,971
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,455,710
Other Expenses$866,550
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,455,710--$2,455,710
Fees for Service Investment Mgmnt Fees-$93,595-$93,595
Fees for Services Legal-$36,210-$36,210
Fees for Services Accounting-$30,000-$30,000
Insurance$21,747$6,682-$28,429
Depreciation Depletion$10,757$4,910-$15,667
Other Expenses$15,485$71,054-$15,485
Fees for Services Other$6,721$5,409-$12,130
Total Functional Expenses$2,948,226$374,034$0$3,322,260

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,027,625
Total Expenses per Form 990$3,322,260
Expenses per Audited Statements$3,228,665
Expenses Not Reported on Form 990$798,960
Expenses Not Reported on Financial Statements$93,595
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Coastal Carolina UniversityConway, SC115Coastal Education Foundation Was Chartered to Support the University With Various Donations.$2,455,710
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$275,134
Fundraising Gross Income$139,766
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cobe Institute Program$57,123$33,463$59,404$-25,941
Boots & Bronze Event$43,108$6,095$24,476$-18,381
Total Events$355,405$156,884$266,605$-109,721
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
Audit committee
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 B, Line 11B

A draft of form 990 is distributed to each board member and is discussed in a finance committee meeting open to all board members prior to filing.

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

The board reviews the annual conflict of interest disclosures submitted by each member.

Form 990, Part VI, Section B, Line 15

The foundation has no employees. All employees are actually employed by the university. The university has three processes in place with regards to determining compensation.

Form 990, Part VI, Section C, Line 19

The foundation's governing documents, conflict of interest policy and financial data are available upon request.

Filing and Contact Details

Filer

Filer Name
Coastal Educational Foundation
EIN
57-0354696
Phone
8433492981
Address
PO BOX 261954, CONWAY, SC 29528

Signing Officer

Name
Christopher Johnson
Title
Executive Director
Phone
8433492981
Signed
2026-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Johnson
Formed
1954
Legal Domicile
Sc
Voting Board Members
28
Independent Board Members
28
Employees
0
Volunteers
28

Preparer

Firm
Websterrogers Llp
Address
PO BOX 350, PAWLEYS ISLAND, SC 29585
Preparer
Elizabeth B Dorn
Phone
8432379004
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in life insurance value 64,728.

Financial Statement Notes

PART X, LINE 2:

Cef is not aware of any material uncertain tax positions at june 30, 2025. Interest and penalties associated with unrecognized tax benefits are classified as additional income taxes. The foundation did not recognize any interest and penalties during 2025 or 2024.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses 275,135. Change in officers life insurance 64,728.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Endowment expenses 93,595.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses 275,135.

Raw XML AppendixShowing 400 of 843 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.

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IRS990/ActivityOrMissionDesc0SUPPORT COASTAL CAROLINA UNIVERSITY THROUGH SCHOLARSHIPS AND PROGRAMS
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