Civic Intelligence

Spring Valley Education Foundation

990 • Fiscal year 2018 • EIN 57-0762304

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 13, 2018

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

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

11th percentile

-33%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

86th percentile

$28,300

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 27.2% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

32nd percentile

-7.5%

Faster asset growth than 32% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

34th percentile

-9.5%

Faster revenue growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$460,642

Down $37,527 (-7.5%) from 2017

Net Assets

Down

$460,642

Down $37,527 (-7.5%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$103,936

Down $10,901 (-9.5%) from 2017

Expenses

Up

$138,520

Up $45,877 (+50%) from 2017

Net Income

Down

-$34,584

Down $56,778 (-256%) from 2017

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

2018

Assets$460,642
Liabilities$0
Net Assets$460,642

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

2018

Revenue$103,936
Expenses$138,520
Net Income-$34,584
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$222,831
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$398,206$395,181▼ $3,025
Cash and Non-Interest-Bearing Accounts$99,963$65,461▼ $34,502
Total Assets$498,169$460,642▼ $37,527
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$270,150$256,051▼ $14,099
Temporarily Rstr Net Assets$228,019$204,591▼ $23,428
Total Net Assets Fund Balance$498,169$460,642▼ $37,527
Total Liabilities and Net Assets / Fund Balance$498,169$460,642▼ $37,527

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$248,797--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dusty Broadway-amickExecutive DirectorPT$28,300$28,300

Board Members and Trustees

NameTitle
Susan BrillChair
Vinnie LivotiVice Chair
Ben NesbitBoard Member
Dan HuddlestunBoard Member
Danny StubbsBoard Member
Donette IsrealBoard Member
Garner WildBoard Member
Jeff TemoneyBoard Member
Kela ThomasBoard Member
Kim HarrisBoard Member
Laurie LumpkinBoard Member
Lindsay AgostiniBoard Member
Michelle WyattBoard Member
Ravi RaoBoard Member
Ravi RavindraBoard Member
Regina DilleyBoard Member
Sarat GorrepatiBoard Member
Tammy ShaddBoard Member
Thomas PietrasBoard Member
Rebecca GunnlaugssonSecretary
Shawn PattonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$33,351
Program Service Revenue
$0
Investment Income
$20,430
Other Revenue
$50,155
All Other Contributions
$33,351
Change in Net Assets
$-34,584
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$93,268
Salaries, Compensation, and Employee Benefits$30,465
Other Expenses$14,787
Total Fundraising Expense$7,616
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$70,328--$70,328
Current Officers, Directors, Trustees, and Key Employees$14,150$7,075$7,075$28,300
Grants to Domestic Individuals$22,940--$22,940
Payroll Taxes$1,083$541$541$2,165
Other Expenses$7,758$1,219-$1,219
Total Functional Expenses$116,259$14,645$7,616$138,520
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.$70,328
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$70,273
Fundraising Direct Expenses$20,118
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$60,100$60,100$9,680$50,420
Golf Tournament$7,170$7,170$1,778$5,392
Total Events$70,273$70,273$20,118$50,155
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 11B

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
Shawn Patton
Title
Treasurer
Phone
8037718943
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn Patton
Formed
1983
Legal Domicile
Sc
Voting Board Members
22
Independent Board Members
19
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/InvestmentsOtherSecuritiesGrp/EOYAmt0395181
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0SC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt098777
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUPPORT FOR SPRING VALLEY HIGH SCHOOL IN RICHLAND SCHOOL DISTRICT TWO, RICHLAND COUNTY, COLUMBIA, SOUTH CAROLINA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0498169
IRS990/NetAssetsOrFundBalancesEOYAmt0460642
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt08071
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt08071
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt050155
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt050155
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2943
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TUTORING COSTS
IRS990/OtherExpensesGrp/Desc1OTHER ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc2SHIRTS
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03254
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12556
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21219
IRS990/OtherExpensesGrp/ProgramServicesAmt07758
IRS990/OtherExpensesGrp/TotalAmt07758
IRS990/OtherExpensesGrp/TotalAmt13254
IRS990/OtherExpensesGrp/TotalAmt22556
IRS990/OtherExpensesGrp/TotalAmt31219
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0541
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0541
IRS990/PayrollTaxesGrp/ProgramServicesAmt01083
IRS990/PayrollTaxesGrp/TotalAmt02165
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SHAWN PATTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION FUNDS CERTAIN SCHOLARSHIPS FOR STUDENTS OF SPRING VALLEY HIGH SCHOOL.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022940
IRS990/ProgSrvcAccomActy2Grp/GrantAmt022940
IRS990/ProgSrvcAccomActy3Grp/Desc0THE FOUNDATION FUNDS CERTAIN STUDENT TUTORING PROGRAMS FOR SPRING VALLEY HIGH SCHOOL STUDENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07758
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt039188
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt046979
IRS990/PYInvestmentIncomeAmt017560
IRS990/PYOtherExpensesAmt015495
IRS990/PYOtherRevenueAmt058089
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt022194
IRS990/PYSalariesCompEmpBnftPaidAmt030169
IRS990/PYTotalExpensesAmt092643
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0114837
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-34584
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/CurrentYearAmt08071
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt0327
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/CurrentYearAmt08071
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt0327
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/CurrentYearAmt020644
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt019874
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/CurrentYearAmt0-12573
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt0-19547
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt0-19547
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt016529
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt016529
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt0-16615
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt016529
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt016529
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt016529
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt0116259
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt0116259
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt0163956
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt071675
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt074338
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt034472
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt0280215
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt0116259
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt071675
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt074338
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt017943
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt0180485
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt0116259
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt016529
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt0100.000000000000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt085561
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt030698
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt0116259
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SPRING VALLEY HIGH SCHOOL, THE SUPPORTED ORGANIZATION, DOES NOT APPOINT OR ELECT ANY MEMBERS OF THE FOUNDATION'S BOARD. HOWEVER, IN ORDER TO ENSURE THAT THE FOUNDATION BOARD AND THE SCHOOL WORK CLOSELY TOGETHER, THE FOUNDATION'S BOARD ENSURES THAT WE HAVE A HIGH DEGREE OF REPRESENTATION FROM THE SCHOOL. THE SCHOOL'S PRINCIPAL IS INCLUDED ON OUR BOARD, AS WELL AS A MEMBER OF THE SCHOOL IMPROVEMENT COUNCIL, THE PRIOR SCHOOL YEAR'S "TEACHER OF THE YEAR, AND THE HEAD OF THE SCHOOL'S "MAGNET PROGRAMS." THE BALANCE OF THE BOARD IS MADE UP PRIMARILY OF PEOPLE WHOSE CHILDREN ARE CURRENT STUDENTS OR GRADUATED FROM THE SCHOOL.

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