Civic Intelligence

Pendleton Historic Foundation

990 • Fiscal year 2021 • EIN 57-0507315

Jan 01, 2021 to Dec 31, 2021 • Filed on May 11, 2022

PO Box 444Pendleton, SC 29670

(864) 650-0003

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

41st percentile

0.05x

Higher debt load relative to revenue than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

79th percentile

37%

Higher net margin than 79% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

18th percentile

-2.9%

Faster asset growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

76th percentile

50%

Faster revenue growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,241,213

Down $36,655 (-2.9%) from 2020

Net Assets

Down

$1,233,287

Down $25,405 (-2.0%) from 2020

Liabilities

Down

$7,926

Down $11,250 (-59%) from 2020

Revenue

Up

$152,852

Up $50,851 (+50%) from 2020

Expenses

Down

$96,241

Down $1,429 (-1.5%) from 2020

Net Income

Up

$56,611

Up $52,280 (+1207%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $787,489Liabilities 2011: $31,701Net Assets 2011: $755,7882011Assets 2012: $896,471Liabilities 2012: $37,384Net Assets 2012: $859,0872012Assets 2013: $976,624Liabilities 2013: $25,087Net Assets 2013: $951,5372013Assets 2014: $1,021,544Liabilities 2014: $24,426Net Assets 2014: $997,1182014Assets 2015: $995,363Liabilities 2015: $27,715Net Assets 2015: $967,6482015Assets 2016: $1,057,759Liabilities 2016: $27,778Net Assets 2016: $1,029,9812016Assets 2017: $1,136,952Liabilities 2017: $26,945Net Assets 2017: $1,110,0072017Assets 2018: $1,028,921Liabilities 2018: $11,023Net Assets 2018: $1,017,8982018Assets 2019: $1,200,134Liabilities 2019: $15,686Net Assets 2019: $1,184,4482019Assets 2020: $1,277,868Liabilities 2020: $19,176Net Assets 2020: $1,258,6922020Assets 2021: $1,241,213Liabilities 2021: $7,926Net Assets 2021: $1,233,2872021Assets 2022: $1,288,678Liabilities 2022: $3,480Net Assets 2022: $1,285,1982022Assets 2023: $1,546,718Liabilities 2023: $32,417Net Assets 2023: $1,514,3012023Assets 2024: $1,683,383Liabilities 2024: $40,455Net Assets 2024: $1,642,9282024

Highlighted filing

2021

Assets$1,241,213
Liabilities$7,926
Net Assets$1,233,287

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $116,7432011Expenses 2012: $101,2552012Revenue 2013: $235,821Expenses 2013: $124,525Net Income 2013: $111,2962013Revenue 2014: $158,018Expenses 2014: $112,579Net Income 2014: $45,4392014Revenue 2015: $63,835Expenses 2015: $93,303Net Income 2015: -$29,4682015Revenue 2016: $213,290Expenses 2016: $150,957Net Income 2016: $62,3332016Revenue 2017: $111,075Expenses 2017: $80,866Net Income 2017: $30,2092017Revenue 2018: $103,497Expenses 2018: $88,760Net Income 2018: $14,7372018Revenue 2019: $103,264Expenses 2019: $85,109Net Income 2019: $18,1552019Revenue 2020: $102,001Expenses 2020: $97,670Net Income 2020: $4,3312020Revenue 2021: $152,852Expenses 2021: $96,241Net Income 2021: $56,6112021Revenue 2022: $118,963Expenses 2022: $115,205Net Income 2022: $3,7582022Revenue 2023: $505,702Expenses 2023: $280,256Net Income 2023: $225,4462023Revenue 2024: $315,820Expenses 2024: $187,193Net Income 2024: $128,6272024

Highlighted filing

2021

Revenue$152,852
Expenses$96,241
Net Income$56,611
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 11, 2022
Return Version
2021v4.2
Gross Receipts
$156,440
Mission and Program Overview

Mission

Preservation and restoration of historic properties in Pendleton SC and the interpretation of the diverse history and cultural heritage of the area. Focus on educational programs for students and visitors of all ages and assistance to the community.

Preservation and Restoration of historic properties in Pendleton, SC and the interpretation of the diverse history and cultural heritage of the area. Focus on educational programs for students and visitors of all ages and assistance to the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$1,258,694$1,233,287▼ $25,407
Investments Other Securities$866,378$801,830▼ $64,548
Investments Program Related$208,784$234,617▲ $25,833
Land, Buildings, and Equipment, Net$188,831$184,547▼ $4,284
Cash and Non-Interest-Bearing Accounts$9,638$15,982▲ $6,344
Inventories for Sale or Use$4,237$4,237→ $0
Rtn Earn Endowment Incm Other Fnds$-2--
Total Assets$1,277,868$1,241,213▼ $36,655
Liabilities
Deferred Revenue$17,875$5,984▼ $11,891
Other Liabilities$1,301$1,942▲ $641
Total Liabilities$19,176$7,926▼ $11,250
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,258,692$1,233,287▼ $25,405
Total Liabilities and Net Assets / Fund Balance$1,277,868$1,241,213▼ $36,655

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$324,179-$324,179
Equipment$26,166-$26,166
Leasehold Improvements$20,937-$20,937
Investment Program Related Org$39--
Other Land Buildings$-186,735$186,735-
Other Securities$43,354--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$155,873-▲ $28,004-$181,705
2020$150,940-▲ $7,436-$155,873
2018$181,388-▼ $8,857-$170,719
2017$160,203-▲ $22,859-$181,388
Compensation and Service Providers

Board Members and Trustees

NameTitle
Powell HickmanPresident
Chuck McCuenV President
Brenda BurkDirector
Brian PowellDirector
Catherine WattDirector
Cathy CampbellDirector
Danielle ElliotDirector
Dave WerthDirector
Gail JamesonDirector
Joanne HillDirector
Lee G SmithDirector
Lynn SmithDirector
Pam PattersonDirector
Rick OwensDirector
Wendy McGuffDirector
Tim DrakeSecretary
Jackie ReynoldsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$79,758
Program Service Revenue
$14,260
Investment Income
$49,981
Other Revenue
$8,853
All Other Contributions
$10,261
Change in Net Assets
$56,611
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$78,186
Salaries, Compensation, and Employee Benefits$18,005
Professional Fundraising Fees$50
Total Fundraising Expense$50
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$55,351--$55,351
Other Salaries and Wages$16,899--$16,899
Depreciation Depletion$4,284--$4,284
Office Expenses-$2,930-$2,930
Fees for Service Investment Mgmnt Fees$2,172--$2,172
Fees for Services Accounting$1,350--$1,350
Payroll Taxes$1,106--$1,106
Advertising$250--$250
Other Expenses$140--$140
Fees for Services Professional Fundraising--$50$50
Total Functional Expenses$93,261$2,930$50$96,241
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$50
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$1,933
Sales Tax Payable$9
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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

Members or stockholder classes and rights Part VI line 6

The Foundation is organized and chartered as a nonprofit with members. THe members elect the Board Members at the annual membership meeting in compliance with the bylaws.

Member election for additional members Part VI line 7A

THe members elect the Board Members at the annual membership meeting in compliance with the bylaws.

Form 990 governing body review Part VI line 11

a copy of the return is sent to each Board Member for review. Questions or comments on the return can be discusses at the board meeting. No review was conducted or will be conducted.

Conflict of interest policy compliance Part VI line 12C

the Foundation has a written statement which includes a conflict of interest policy. Each Board Member is required to read, sign and diclose if he or she has any conflict of interest. The Board meets monthly. If a conflict of interest is noted, it is recognized, addressed and resloved to the satisfaction of the Board.

CEO executive director top management comp Part VI line 15A

the Foundation management officers and directors are volunteers. None of the officers or directors are compensated. During 2018, there was one part time employee, who was not an officer or director. The Board determined and approved the employees wages.

Governing documents etc available to public Part VI line 19

The tax return and other public materials are available by request.

Filing and Contact Details

Filer

Filer Name
Pendleton Historic Foundation
EIN
57-0507315
Address
PO Box 444, Pendleton, SC 29670

Signing Officer

Name
Jackie Reynolds
Title
Treasurer
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Formed
1964
Legal Domicile
Sc
Voting Board Members
18
Independent Board Members
18
Employees
1

Preparer

Firm
Lindley Pettigrew and Co CPAs LLC
Address
122 Strode Circle, Clemson, SC 29631
Preparer
Ethel C Pettigrew
Phone
8646548999
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IRS990/OtherExpensesGrp/Desc2Dues
IRS990/OtherExpensesGrp/Desc3Volunteer Expenses
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IRS990/OtherExpensesGrp/ProgramServicesAmt111225
IRS990/OtherExpensesGrp/ProgramServicesAmt2100
IRS990/OtherExpensesGrp/ProgramServicesAmt3140
IRS990/OtherExpensesGrp/TotalAmt0384
IRS990/OtherExpensesGrp/TotalAmt111225
IRS990/OtherExpensesGrp/TotalAmt2100
IRS990/OtherExpensesGrp/TotalAmt3140
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15680
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15680
IRS990/ProgSrvcAccomActy2Grp/Desc0Educational programs specifically designed for 3rd through 8th grade school students that meet the school curricula for SC history that is taught in these grades. There were also educational programs for High School students.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt05680
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IRS990/PYExcessBenefitTransInd0false
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt056611
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IRS990/RentalIncomeOrLossGrp/RealAmt08100
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt028421
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt032241
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt035793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt055526
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0237455
IRS990ScheduleA/TotalSupportAmt0477086
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0324179
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IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt02503
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0150940
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07436
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01812
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0181388
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0170719

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.68$0.04$1.64$0.32$0.19$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.55$0.03$1.51$0.51$0.28$0.23
2022Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.12$0.12$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.24$0.01$1.23$0.15$0.10$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.28$0.02$1.26$0.10$0.10$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.20$0.02$1.18$0.10$0.09$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.03$0.01$1.02$0.10$0.09$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.14$0.03$1.11$0.11$0.08$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.03$1.03$0.21$0.15$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.00$0.03$0.97$0.06$0.09$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.02$0.02$1.00$0.16$0.11$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.98$0.03$0.95$0.24$0.12$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.04$0.86$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.03$0.76$0.12