Civic Intelligence

Kershaw Area Community Resource Exchange Inc

990 • Fiscal year 2024 • EIN 57-0789419

Jan 01, 2024 to Dec 31, 2024 • Filed on Feb 17, 2025

PO Box 364Kershaw, SC 29067

(803) 475-4173

Siviq Scores

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

Liabilities / Assets

30th percentile

0.01x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.01x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

16th percentile

-8.6%

Faster asset growth than 16% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,469,937

Down $137,926 (-8.6%) from 2023

Net Assets

Down

$1,459,134

Down $131,444 (-8.3%) from 2023

Liabilities

Down

$10,803

Down $6,482 (-38%) from 2023

Revenue

Down

$802,543

Down $736,146 (-48%) from 2023

Expenses

Up

$933,987

Up $251,990 (+37%) from 2023

Net Income

Down

-$131,444

Down $988,136 (-115%) from 2023

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 2010: $120,460Liabilities 2010: $429Net Assets 2010: $120,0312010Assets 2011: $256,294Liabilities 2011: $1,058Net Assets 2011: $255,2362011Assets 2012: $207,634Liabilities 2012: $1,182Net Assets 2012: $206,4522012Assets 2013: $308,439Liabilities 2013: $1,182Net Assets 2013: $307,2572013Assets 2014: $416,216Liabilities 2014: $1,958Net Assets 2014: $414,2582014Assets 2015: $538,655Liabilities 2015: $4,514Net Assets 2015: $534,1412015Assets 2016: $617,168Liabilities 2016: $6,425Net Assets 2016: $610,7432016Assets 2017: $617,732Liabilities 2017: $3,394Net Assets 2017: $614,3382017Assets 2018: $573,506Liabilities 2018: $4,009Net Assets 2018: $569,4972018Assets 2019: $471,514Liabilities 2019: $5,747Net Assets 2019: $465,7672019Assets 2020: $494,497Liabilities 2020: $45,604Net Assets 2020: $448,8932020Assets 2021: $616,075Liabilities 2021: $4,994Net Assets 2021: $611,0812021Assets 2022: $1,227,563Liabilities 2022: $493,677Net Assets 2022: $733,8862022Assets 2023: $1,607,863Liabilities 2023: $17,285Net Assets 2023: $1,590,5782023Assets 2024: $1,469,937Liabilities 2024: $10,803Net Assets 2024: $1,459,1342024

Highlighted filing

2024

Assets$1,469,937
Liabilities$10,803
Net Assets$1,459,134

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $191,080Expenses 2010: $168,576Net Income 2010: $22,5042010Revenue 2011: $303,957Expenses 2011: $168,752Net Income 2011: $135,2052011Expenses 2012: $211,1682012Revenue 2013: $384,120Expenses 2013: $281,723Net Income 2013: $102,3972013Revenue 2014: $424,691Expenses 2014: $317,690Net Income 2014: $107,0012014Revenue 2015: $505,376Expenses 2015: $385,493Net Income 2015: $119,8832015Revenue 2016: $477,616Expenses 2016: $401,014Net Income 2016: $76,6022016Revenue 2017: $487,074Expenses 2017: $426,903Net Income 2017: $60,1712017Revenue 2018: $445,853Expenses 2018: $490,694Net Income 2018: -$44,8412018Revenue 2019: $475,106Expenses 2019: $578,836Net Income 2019: -$103,7302019Revenue 2020: $535,704Expenses 2020: $552,578Net Income 2020: -$16,8742020Revenue 2021: $1,105,242Expenses 2021: $943,054Net Income 2021: $162,1882021Revenue 2022: $797,265Expenses 2022: $674,460Net Income 2022: $122,8052022Revenue 2023: $1,538,689Expenses 2023: $681,997Net Income 2023: $856,6922023Revenue 2024: $802,543Expenses 2024: $933,987Net Income 2024: -$131,4442024

Highlighted filing

2024

Revenue$802,543
Expenses$933,987
Net Income-$131,444
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 17, 2025
Return Version
2024v5.0
Gross Receipts
$812,617
Mission and Program Overview

Mission

To provide food, clothing, and emergency financial assistance and referrals to financially distressed families in the local community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$837,202$1,198,046▲ $360,844
Cash and Non-Interest-Bearing Accounts$501,751$164,045▼ $337,706
Savings and Temporary Cash Investments$100,000$107,846▲ $7,846
Total Assets$1,607,863$1,469,937▼ $137,926
Other Assets Total$168,910--
Liabilities
Accounts Payable and Accrued Expenses$17,285$10,803▼ $6,482
Total Liabilities$17,285$10,803▼ $6,482
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,345,696$1,454,948▲ $109,252
Net Assets With Donor Restrictions$244,882$4,186▼ $240,696
Total Net Assets Fund Balance$1,590,578$1,459,134▼ $131,444
Total Liabilities and Net Assets / Fund Balance$1,607,863$1,469,937▼ $137,926

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,095,254$197,789$1,293,043
Land$45,436-$45,436
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrea RobbinsPresident
Daniel ThompsonBoard of Director
Gabby BrewerBoard of Director
Joan YoungBoard of Director
Pam ClyburnBoard of Director
Sandra KirkBoard of Director
Tommy NorthernBoard of Director
Jakob ElliottSecretary
Mike HiltonTreasurer
Ernie GreenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$499,485
Program Service Revenue
$305,087
Investment Income
$8,045
Other Revenue
$-10,074
All Other Contributions
$433,411
Change in Net Assets
$-131,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$562,202
Salaries, Compensation, and Employee Benefits$371,785
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$332,374$6,783-$339,157
Office Expenses$47,173$1,052-$48,225
Occupancy$43,572$1,816-$45,388
Depreciation Depletion$37,934$774-$38,708
All Other Expenses$35,703$976-$36,679
Payroll Taxes$26,575$542-$27,117
Insurance$18,636$2,785-$21,421
Other Expenses$20,357$2,211-$20,357
Fees for Services Accounting$17,187$716-$17,903
Information Technology$13,068$544-$13,612
Travel$8,778$975-$9,753
Advertising$8,262$344-$8,606
Other Employee Benefits$5,346$165-$5,511
Total Functional Expenses$914,304$19,683$0$933,987
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,074
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$35,138-$6,673-
Dress 2 Kare$22,361-$3,389-
Total Events$64,774-$10,074$-10,074
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
Yes
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
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, Page 6, Part VI, Line 11B

Form 990 is provided to the board at a meeting for its approval before the form is filed.

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

This is discussed at each board meeting and action is taken as necessary. The executive director who attends the board meetings also makes the staff aware to identify and report any type of conflict of interest.

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

Executive director pay is determined and voted upon by the board. The board looks at other similar organizations, experience, and budget requirements in determing the executive director salary.

Form 990, Page 6, Part VI, Line 19

The documents are available upon request and are available at the office of the organization for the public to see.

Filing and Contact Details

Filer

Filer Name
Kershaw Area Resource Exchange
EIN
57-0789419
Phone
8034754173
Address
PO BOX 364, KERSHAW, SC 29067

Signing Officer

Name
Angie Neal
Title
Executive Director
Phone
8034754173
Signed
2025-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Robbins
Formed
1982
Legal Domicile
Sc
Voting Board Members
10
Independent Board Members
10
Employees
18
Volunteers
134

Preparer

Firm
Burkett Burkett & Burkett Cpas Pa
Address
128 E MAIN STREET SUITE 201, ROCK HILL, SC 29730-4540
Preparer
Kim Smith CPA
Phone
8033251660
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Home repair and weatherization - to provide client assistance through home repairs and weatherization.

Raw XML AppendixShowing 400 of 413 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PROVIDED TO THE BOARD AT A MEETING FOR ITS APPROVAL BEFORE THE FORM IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS IS DISCUSSED AT EACH BOARD MEETING AND ACTION IS TAKEN AS NECESSARY. THE EXECUTIVE DIRECTOR WHO ATTENDS THE BOARD MEETINGS ALSO MAKES THE STAFF AWARE TO IDENTIFY AND REPORT ANY TYPE OF CONFLICT OF INTEREST.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.47$0.01$1.46$0.80$0.93$0.13
2023Summary only. Only limited summary data is available for this year.$1.61$0.02$1.59$1.54$0.68$0.86
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.49$0.73$0.80$0.67$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.61$1.11$0.94$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.05$0.45$0.54$0.55$0.02
2019Summary only. Only limited summary data is available for this year.$0.47$0.01$0.47$0.48$0.58$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.00$0.57$0.45$0.49$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.00$0.61$0.49$0.43$0.06
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.01$0.61$0.48$0.40$0.08
2015Summary only. Only limited summary data is available for this year.$0.54$0.00$0.53$0.51$0.39$0.12
2014Summary only. Only limited summary data is available for this year.$0.42$0.00$0.41$0.42$0.32$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.38$0.28$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$0.21
2011Summary only. Only limited summary data is available for this year.$0.26$0.00$0.26$0.30$0.17$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$0.19$0.17$0.02