Civic Intelligence

Pendleton Place Inc.

990 • Fiscal year 2020 • EIN 57-0624421

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 10, 2021

1133 Pendleton StreetGreenville, SC 29601

(864) 467-3650

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.12x

Higher debt load relative to assets than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.15x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

20th percentile

-3.2%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

1.8%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$2,352,577

Down $78,416 (-3.2%) from 2019

Net Assets

Down

$2,070,417

Down $200,046 (-8.8%) from 2019

Liabilities

Up

$282,160

Up $121,630 (+76%) from 2019

Revenue

Up

$1,831,813

Up $32,867 (+1.8%) from 2019

Expenses

Up

$2,028,713

Up $113,597 (+5.9%) from 2019

Net Income

Down

-$196,900

Down $80,730 (-69%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,109,731Liabilities 2011: $42,127Net Assets 2011: $3,067,6042011Assets 2012: $3,109,683Liabilities 2012: $14,064Net Assets 2012: $3,095,6192012Assets 2013: $2,945,177Liabilities 2013: $30,357Net Assets 2013: $2,914,8202013Assets 2014: $2,918,966Liabilities 2014: $14,081Net Assets 2014: $2,904,8852014Assets 2016: $2,865,248Liabilities 2016: $117,603Net Assets 2016: $2,747,6452016Assets 2017: $2,600,701Liabilities 2017: $157,763Net Assets 2017: $2,442,9382017Assets 2018: $2,548,226Liabilities 2018: $230,734Net Assets 2018: $2,317,4922018Assets 2019: $2,430,993Liabilities 2019: $160,530Net Assets 2019: $2,270,4632019Assets 2020: $2,352,577Liabilities 2020: $282,160Net Assets 2020: $2,070,4172020Assets 2021: $2,625,212Liabilities 2021: $101,127Net Assets 2021: $2,524,0852021Assets 2022: $2,640,772Liabilities 2022: $476,161Net Assets 2022: $2,164,6112022Assets 2023: $3,522,986Liabilities 2023: $956,045Net Assets 2023: $2,566,9412023Assets 2024: $3,931,132Liabilities 2024: $1,452,033Net Assets 2024: $2,479,0992024

Highlighted filing

2020

Assets$2,352,577
Liabilities$282,160
Net Assets$2,070,417

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,921,516Expenses 2011: $1,638,768Net Income 2011: $282,7482011Revenue 2012: $1,321,867Expenses 2012: $1,340,876Net Income 2012: -$19,0092012Revenue 2013: $575,558Expenses 2013: $761,787Net Income 2013: -$186,2292013Revenue 2014: $1,563,239Expenses 2014: $1,660,935Net Income 2014: -$97,6962014Revenue 2016: $1,833,048Expenses 2016: $1,856,473Net Income 2016: -$23,4252016Revenue 2017: $1,538,365Expenses 2017: $1,934,596Net Income 2017: -$396,2312017Revenue 2018: $1,613,719Expenses 2018: $1,818,015Net Income 2018: -$204,2962018Revenue 2019: $1,798,946Expenses 2019: $1,915,116Net Income 2019: -$116,1702019Revenue 2020: $1,831,813Expenses 2020: $2,028,713Net Income 2020: -$196,9002020Revenue 2021: $2,607,861Expenses 2021: $2,372,119Net Income 2021: $235,7422021Revenue 2022: $2,227,516Expenses 2022: $2,586,990Net Income 2022: -$359,4742022Revenue 2023: $2,615,533Expenses 2023: $2,818,319Net Income 2023: -$202,7862023Revenue 2024: $3,196,184Expenses 2024: $3,373,193Net Income 2024: -$177,0092024

Highlighted filing

2020

Revenue$1,831,813
Expenses$2,028,713
Net Income-$196,900
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 10, 2021
Return Version
2019v5.0
Gross Receipts
$1,837,713
Mission and Program Overview

Mission

Our mission is to keep children safe and support families in crisis through prevention, assessment and intervention.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,463,145$1,437,948▼ $25,197
Land, Buildings, and Equipment, Net$582,772$581,632▼ $1,140
Cash and Non-Interest-Bearing Accounts$344,241$266,452▼ $77,789
Prepaid Expenses and Deferred Charges$30,756$34,745▲ $3,989
Pledges and Grants Receivable$10,079$31,800▲ $21,721
Total Assets$2,430,993$2,352,577▼ $78,416
Liabilities
Unsecured Notes Loans Payable$76,991$180,000▲ $103,009
Accounts Payable and Accrued Expenses$83,539$77,660▼ $5,879
Deferred Revenue-$12,500-
Other Liabilities-$12,000-
Total Liabilities$160,530$282,160▲ $121,630
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,934,134$2,063,168▲ $129,034
Net Assets With Donor Restrictions$336,329$7,249▼ $329,080
Total Net Assets Fund Balance$2,270,463$2,070,417▼ $200,046
Total Liabilities and Net Assets / Fund Balance$2,430,993$2,352,577▼ $78,416

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$151,361$2,000,290$2,151,651
Leasehold Improvements$278,893$277,291$556,184
Equipment$56,462$486,228$542,690
Other Land Buildings$30,631$105,902$136,533
Land$64,285-$64,285

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,463,145-▲ $56,263$70,135$1,437,948
2018$1,402,325-▲ $126,018$54,125$1,463,145
2017$1,347,670-▲ $117,821$53,260$1,402,325
2016$1,305,244-▲ $105,280$53,091$1,347,670
2015$1,335,759-▲ $22,176$42,659$1,305,244
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jed DewsExecutive DiFT$87,194$87,194

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,490,900
Program Service Revenue
$263,037
Investment Income
$50,235
Other Revenue
$27,641
All Other Contributions
$1,041,101
Change in Net Assets
$-196,900

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,826,388
Revenue Not Reported on Financial Statements
$5,425
Revenue Not Reported on Form 990
$8,179
Other Revenue Adjustments
$-5,900
Total Revenue per Audited Statements
$1,834,567
Total Revenue per Form 990
$1,831,813
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,345,838
Other Expenses$682,875
Total Fundraising Expense$196,026
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$863,990$16,477$131,684$1,012,151
Fees for Services Other$172,736$9,373-$182,109
Depreciation Depletion$105,278$48,590$8,098$161,966
Other Employee Benefits$95,725$54,786$8,660$159,171
Payroll Taxes$73,646$1,890$11,786$87,322
Current Officers, Directors, Trustees, and Key Employees$71,499$8,719$6,976$87,194
All Other Expenses$47,781$35,775$3,354$86,910
Insurance$29,199$7,423$2,149$38,771
Occupancy$18,081$16,229$1,651$35,961
Other Expenses$24,416$49$-350$24,465
Advertising$1,259$969$16,326$18,554
Travel$9,561$363-$9,924
Conferences and Meetings$3,433$3,853$59$7,345
Office Expenses$3,052$1,118$526$4,696
Total Functional Expenses$1,606,928$225,759$196,026$2,028,713

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,034,613
Total Expenses per Audited Statements$2,034,613
Total Expenses per Form 990$2,028,713
Expenses Not Reported on Financial Statements$-5,900
Other Expense Adjustments$-5,900
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,519
Fundraising Direct Expenses$5,900
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$33,519$33,519$5,900$27,619
Total Events$33,519$33,519$5,900$27,619
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$12,000
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, Page 6, Part VI, Line 11B

The finance committee makes recommendations for approval to the board, which approves the audited financials and form 990 by majority vote.

Form 990, Page 6, Part VI, Line 12C

Board policy and procedure handbook, section 5, conflict of interest policy states: "if the board has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose." "if, after hearing the member's response and after making further investigation as warranted by the curcumstances, the board determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action up to and including removal from the board."

Form 990, Page 6, Part VI, Line 15A

Compensation for the agency president is reviewed and determined by the board of directors, comparable market data on compensation for nonprofit executives, and contemporaneous substantiation of the deliberation and decision.

Form 990, Page 6, Part VI, Line 15B

Compensation for other officers and key employees is reviewed and determined by the agency president and board of directors, comparable market data on compensation for nonprofit employees, and contemporaneous substantiation of the deliberation and decision.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Pendleton Place Inc
EIN
57-0624421
Phone
8644673650
Address
1133 PENDLETON STREET, GREENVILLE, SC 29601

Signing Officer

Name
Jed Dews
Title
Executive Director
Phone
8644673650
Signed
2021-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jed Dews
Formed
1975
Legal Domicile
Sc
Voting Board Members
19
Independent Board Members
19
Employees
46
Volunteers
64

Preparer

Firm
Mckinley Cooper & Co LLC
Address
777 LOWNDES HILL RD BLDG 3 STE 225, GREENVILLE, SC 29607-2131
Preparer
Matthew V Phillips
Phone
8642331800
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 2

See program service accomplishments

Form 990, Part XI, Line 9

Direct fundraising expense 5,900 direct fundraising expense -5,900

Financial Statement Notes

Schedule D, Page 3, Part X

The organization recognizes the tax benefits from uncertain tax positions only if it is more-likely-than-not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The organization's income tax filings are subject to audit by various taxing authorities. Management believes the adoption of asc 740-10 resulted in no significant impact to the organization's financial statements.

Schedule D, Page 4, Part XI, Line 4B

Direct fundraising expense -5,900

Schedule D, Page 4, Part XII, Line 4B

Direct fundraising expense -5,900

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16PARLIAMENTAR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/MissionDesc0OUR MISSION IS TO KEEP CHILDREN SAFE AND SUPPORT FAMILIES IN CRISIS THROUGH PREVENTION, ASSESSMENT AND INTERVENTION.
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IRS990/OtherExpensesGrp/Desc0SUPPLIES AND FURNISHINGS
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IRS990/OtherExpensesGrp/Desc2CLIENT SUPPORT
IRS990/OtherExpensesGrp/Desc3FOOD AND CLOTHING
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IRS990/ProgSrvcAccomActy2Grp/Desc0PENDLETON PLACE'S RESIDENTIAL SERVICES PROGRAM FOR ADOLESCENT GIRLS IN FOSTER CARE, SMITH HOUSE, PROVIDED A TRAUMA-INFORMED, INDEPENDENCE-FOCUSED HOME FOR 23 TEEN SURVIVORS OF CHILD MALTREATMENT. 333 INDIVIDUALS THERAPEUTIC SERVICES WERE DELIVERED. 2,538 NIGHTS OF CARE WERE PROVIDED AND 100% OF RESIDENTS WHO STAYED IN THE PROGRAM FOR MORE THAN 6 MONTHS IMPROVED ACADEMIC PERFORMANCE AND ATTAINED EMPLOYMENT EXPERIENCE. 98% SAW IMPROVED HEALTH OUTCOMES AND 93% MET THEIR COMPREHENSIVE CARE PLAN GOALS. 6,777 MEALS WERE SERVED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0759701
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0263037
IRS990/ProgSrvcAccomActy3Grp/Desc0THE CONNECTIONS COUNT AFTERCARE PROGRAM WAS GREATLY EXPANDED AND TRANSFORMED INTO THE YOUTH RESOURCE CENTER, WHICH OFFERS A COMPREHENSIVE ARRAY OF SERVICES TO RUNAWAY AND HOMELESS YOUTH. YOUTH WHO EXIT FOSTER CARE ARE A PRIORITY POPULATION. THE YRC SERVED 56 YOUTH WITH DROP-IN SERVICES, HOUSING SERVICES, CASE MANAGEMENT, AND OUTREACH. 76% OF CLIENTS EXITED THE STREETS AND/OR IMPROVED THEIR HOUSING STABILITY. 92% MAINTAINED PERMANENT HOUSING AFTER BEING STABILIZED. 38% IMPROVED THEIR EMPLOYMENT STATUS. THERE WERE 371 TOTAL VISITS DURING DROP-IN HOURS FOR SHOWERS, FOOD, LAUNDRY, AND BASIC NEEDS. WE PROVIDED 38,286 IN DIRECT FINANCIAL ASSISTANCE TO ELIGIBLE YOUTH (RENTAL ASSISTANCE, DEPOSITS, MOVING COSTS, ETC.). 425 HOURS OF CASE MANAGEMENT WERE DELIVERED AND 31 MAJOR GOALS WERE ACHIEVED BY CLIENTS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt062,707
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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