Civic Intelligence

Spring Valley Education Foundation

990 • Fiscal year 2016 • EIN 57-0762304

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 10, 2016

120 Sparkleberry RoadColumbia, SC 29229

(803) 699-3500

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

65th percentile

10%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

85th percentile

$27,300

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 22.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

50th percentile

1.6%

Faster asset growth than 50% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

24th percentile

-20%

Faster revenue growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$476,200

Up $7,333 (+1.6%) from 2015

Net Assets

Up

$476,200

Up $7,333 (+1.6%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$121,358

Down $31,182 (-20%) from 2015

Expenses

Down

$108,721

Down $9,864 (-8.3%) from 2015

Net Income

Down

$12,637

Down $21,318 (-63%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $447,775Liabilities 2012: $02012Assets 2013: $446,192Liabilities 2013: $0Net Assets 2013: $446,1922013Assets 2014: $454,521Liabilities 2014: $0Net Assets 2014: $454,5212014Assets 2015: $468,867Liabilities 2015: $0Net Assets 2015: $468,8672015Assets 2016: $476,200Liabilities 2016: $0Net Assets 2016: $476,2002016Assets 2017: $498,169Liabilities 2017: $0Net Assets 2017: $498,1692017Assets 2018: $460,642Liabilities 2018: $0Net Assets 2018: $460,6422018Assets 2019: $470,000Liabilities 2019: $0Net Assets 2019: $470,0002019Assets 2020: $472,865Liabilities 2020: $0Net Assets 2020: $472,8652020Assets 2021: $537,697Liabilities 2021: $0Net Assets 2021: $537,6972021Assets 2022: $511,352Liabilities 2022: $0Net Assets 2022: $511,3522022Assets 2023: $511,444Liabilities 2023: $501Net Assets 2023: $510,9432023Assets 2024: $564,476Liabilities 2024: $625Net Assets 2024: $563,8512024

Highlighted filing

2016

Assets$476,200
Liabilities$0
Net Assets$476,200

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2012: $116,968Expenses 2012: $105,207Net Income 2012: $11,7612012Revenue 2013: $114,995Expenses 2013: $123,676Net Income 2013: -$8,6812013Revenue 2014: $131,508Expenses 2014: $128,214Net Income 2014: $3,2942014Revenue 2015: $152,540Expenses 2015: $118,585Net Income 2015: $33,9552015Revenue 2016: $121,358Expenses 2016: $108,721Net Income 2016: $12,6372016Revenue 2017: $114,837Expenses 2017: $92,643Net Income 2017: $22,1942017Revenue 2018: $103,936Expenses 2018: $138,520Net Income 2018: -$34,5842018Revenue 2019: $118,739Expenses 2019: $111,218Net Income 2019: $7,5212019Revenue 2020: $115,780Expenses 2020: $112,427Net Income 2020: $3,3532020Revenue 2021: $106,672Expenses 2021: $74,534Net Income 2021: $32,1382021Revenue 2022: $93,546Expenses 2022: $65,307Net Income 2022: $28,2392022Revenue 2023: $82,410Expenses 2023: $95,396Net Income 2023: -$12,9862023Revenue 2024: $79,782Expenses 2024: $81,762Net Income 2024: -$1,9802024

Highlighted filing

2016

Revenue$121,358
Expenses$108,721
Net Income$12,637
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$279,597
Mission and Program Overview

Mission

Support for spring valley high school in richland school district two, richland county, columbia, south carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$370,787$379,327▲ $8,540
Cash and Non-Interest-Bearing Accounts$98,080$96,873▼ $1,207
Total Assets$468,867$476,200▲ $7,333
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$253,445$262,308▲ $8,863
Temporarily Rstr Net Assets$215,422$213,892▼ $1,530
Total Net Assets Fund Balance$468,867$476,200▲ $7,333
Total Liabilities and Net Assets / Fund Balance$468,867$476,200▲ $7,333

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$262,927--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christine WellsExecutive DirectorFT$27,300$27,300

Board Members and Trustees

NameTitle
Donette IsrealPast President
Ben Duncan IiPresident
Danny StubbsBoard Member
David FletcherBoard Member
Deb McleanBoard Member
Jennifer HardingBoard Member
Kana RahmanBoard Member
Kela ThomasBoard Member
Kim HarrisBoard Member
Lindsay AgostiniBoard Member
Mendel RiversBoard Member
Paula CobbBoard Member
Ravi RavindraBoard Member
Rebecca GunnlaugssonBoard Member
Sarat GorrepatiBoard Member
Tania IslamBoard Member
Vinnie LivotiBoard Member
Dr Michelle WyattMagnet Director
Susan BrillRsd2 Board Representative
Ben NesbitCharter Member
Dr Debbie HammRsd2 Superintendent
Cynthia BennettSecretary
Jeff TemoneySvhs Principal
David AllisonSvhs Teacher of the Year
Thomas PietrasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$43,842
Program Service Revenue
$0
Investment Income
$11,691
Other Revenue
$65,825
All Other Contributions
$43,842
Change in Net Assets
$12,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$67,543
Salaries, Compensation, and Employee Benefits$29,650
Other Expenses$11,528
Total Fundraising Expense$7,412
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$44,543--$44,543
Current Officers, Directors, Trustees, and Key Employees$13,650$6,825$6,825$27,300
Grants to Domestic Individuals$23,000--$23,000
Payroll Taxes$1,176$587$587$2,350
Other Expenses$6,795$194-$194
Total Functional Expenses$89,164$12,145$7,412$108,721
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Spring Valley High School-richland School District TwoColumbia, SC-The Foundation Funds School Awards for Spring Valley High School.$44,543
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$81,650
Fundraising Direct Expenses$15,825
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$56,634$56,634$4,894$51,740
Golf Tournament$13,440$13,440$4,112$9,328
Total Events$81,650$81,650$15,825$65,825
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
Backup withholding compliance
Yes
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

Form 990, Part VI, Section A, Line 8B

The other committees within the organization do not have the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

The finance committee reviews the form 990 for the board of directors.

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

The organization obtains signed conflict of interest statements at the beginning of each year from all board members and from new board members when they start.

Form 990, Part VI, Section B, Line 15A

The board of directors reviews and approves compensation for the executive director.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Spring Valley Education Foundation
EIN
57-0762304
Phone
8036993500
Address
120 SPARKLEBERRY ROAD, COLUMBIA, SC 29229

Signing Officer

Name
Thomas Pietras
Title
Treasurer
Phone
8037718943
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Pietras
Formed
1983
Legal Domicile
Sc
Voting Board Members
26
Independent Board Members
20
Employees
1
Volunteers
0

Preparer

Firm
Bauknight Pietras & Stormer Pa
Address
1517 GERVAIS STREET, COLUMBIA, SC 29201
Preparer
Shellie S Johnson
Phone
8037718943
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IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20SVHS TEACHER OF THE YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt21PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt23SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt24PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25CHARTER MEMBER
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IRS990/GainOrLossGrp/SecuritiesAmt0-935
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IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt044543
IRS990/GrantsToDomesticOrgsGrp/TotalAmt044543
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IRS990/GrantsToOrganizationsInd01
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IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0141479
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012626
IRS990/InvestmentInJointVentureInd00
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0379327
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0SC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0142414
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0476200
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1867
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IRS990/OtherExpensesGrp/TotalAmt2867
IRS990/OtherExpensesGrp/TotalAmt3194
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IRS990/PayrollTaxesGrp/TotalAmt02350
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0THOMAS PIETRAS
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt023000
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IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt018572
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/CurrentYearAmt00
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IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
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IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt0-16185
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt015643
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt015643
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt0-13757
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt015643
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt015643
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt015643
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt074338
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt074338
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt050956
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt066599
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt0125294
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt074338
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt050956
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt066599
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt074338
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt015643
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt01.000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00

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