Civic Intelligence

Lexington County School District One Educational Foundation

990 • Fiscal year 2017 • EIN 57-1025465

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 13, 2017

100 Tarrar Springs RoadLexington, SC 29071

(803) 359-4178

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

90th percentile

$206,922

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 63.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

74th percentile

14%

Faster asset growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

9th percentile

-29%

Faster revenue growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,277,295

Up $156,587 (+14%) from 2016

Net Assets

Up

$1,277,295

Up $156,587 (+14%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$327,412

Down $136,833 (-29%) from 2016

Expenses

Down

$221,795

Down $27,555 (-11%) from 2016

Net Income

Down

$105,617

Down $109,278 (-51%) from 2016

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: $545,215Liabilities 2011: $0Net Assets 2011: $545,2152011Assets 2012: $581,266Liabilities 2012: $0Net Assets 2012: $581,2662012Assets 2013: $723,200Liabilities 2013: $11,003Net Assets 2013: $712,1972013Assets 2014: $880,112Liabilities 2014: $15,925Net Assets 2014: $864,1872014Assets 2015: $936,285Liabilities 2015: $13,967Net Assets 2015: $922,3182015Assets 2016: $1,120,708Liabilities 2016: $0Net Assets 2016: $1,120,7082016Assets 2017: $1,277,295Liabilities 2017: $0Net Assets 2017: $1,277,2952017Assets 2018: $1,412,012Liabilities 2018: $0Net Assets 2018: $1,412,0122018Assets 2019: $1,424,221Liabilities 2019: $0Net Assets 2019: $1,424,2212019Assets 2020: $1,406,333Liabilities 2020: $0Net Assets 2020: $1,406,3332020Assets 2021: $1,633,490Liabilities 2021: $0Net Assets 2021: $1,633,4902021Assets 2022: $1,380,606Liabilities 2022: $0Net Assets 2022: $1,380,6062022Assets 2023: $1,580,990Liabilities 2023: $0Net Assets 2023: $1,580,9902023Assets 2024: $1,806,294Liabilities 2024: $200Net Assets 2024: $1,806,0942024Assets 2025: $1,967,264Liabilities 2025: $11,942Net Assets 2025: $1,955,3222025

Highlighted filing

2017

Assets$1,277,295
Liabilities$0
Net Assets$1,277,295

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $294,8732011Expenses 2012: $274,8762012Expenses 2013: $241,1272013Revenue 2014: $437,675Expenses 2014: $302,553Net Income 2014: $135,1222014Revenue 2015: $370,244Expenses 2015: $312,113Net Income 2015: $58,1312015Revenue 2016: $464,245Expenses 2016: $249,350Net Income 2016: $214,8952016Revenue 2017: $327,412Expenses 2017: $221,795Net Income 2017: $105,6172017Revenue 2018: $338,479Expenses 2018: $263,110Net Income 2018: $75,3692018Revenue 2019: $330,044Expenses 2019: $303,372Net Income 2019: $26,6722019Revenue 2020: $335,438Expenses 2020: $408,025Net Income 2020: -$72,5872020Revenue 2021: $290,973Expenses 2021: $304,557Net Income 2021: -$13,5842021Revenue 2022: $450,087Expenses 2022: $390,923Net Income 2022: $59,1642022Revenue 2023: $414,015Expenses 2023: $334,595Net Income 2023: $79,4202023Revenue 2024: $325,418Expenses 2024: $295,945Net Income 2024: $29,4732024Revenue 2025: $251,534Expenses 2025: $352,478Net Income 2025: -$100,9442025

Highlighted filing

2017

Revenue$327,412
Expenses$221,795
Net Income$105,617
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$327,412
Mission and Program Overview

Mission

The mission of the lexington county school district one educational foundation is to support the educational process and enrich the quality of life in our community by raising and managing funds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$556,131$635,689▲ $79,558
Cash and Non-Interest-Bearing Accounts$564,577$619,273▲ $54,696
Savings and Temporary Cash Investments-$22,333-
Total Assets$1,120,708$1,277,295▲ $156,587
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$922,441$1,035,166▲ $112,725
Unrestricted Net Assets$88,267$132,129▲ $43,862
Permanently Rstr Net Assets$110,000$110,000→ $0
Total Net Assets Fund Balance$1,120,708$1,277,295▲ $156,587
Total Liabilities and Net Assets / Fund Balance$1,120,708$1,277,295▲ $156,587
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Dr Gregory D LittleSuperintende-$154,956$154,956
Ms Julie Anderson WashburnExecutive Di$11,897$17,846$29,743

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$300,616
Program Service Revenue
$0
Investment Income
$26,396
Other Revenue
$400
All Other Contributions
$300,616
Change in Net Assets
$105,617

Audited Revenue Reconciliation

Revenue per Audited Statements
$327,412
Revenue Not Reported on Form 990
$50,970
Total Revenue per Audited Statements
$378,382
Total Revenue per Form 990
$327,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$95,727
Salaries, Compensation, and Employee Benefits$78,310
Other Expenses$47,758
Total Fundraising Expense$2,638
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$26,174$33,657-$59,831
Grants to Domestic Individuals$56,518--$56,518
Grants to Domestic Orgs$39,209--$39,209
Pension Plan Contributions$4,421$5,020-$9,441
Office Expenses$6,404-$2,638$9,042
Other Employee Benefits$2,286$2,289-$4,575
Payroll Taxes$1,949$2,514-$4,463
Fees for Service Investment Mgmnt Fees-$4,377-$4,377
Other Expenses$2,601--$2,601
Fees for Services Other-$1,200-$1,200
Occupancy$1,188--$1,188
Travel$721--$721
Total Functional Expenses$170,100$49,057$2,638$221,795

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$221,795
Total Expenses per Audited Statements$221,795
Total Expenses per Form 990$221,795
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pelion Middle SchoolPelion, SCGovLeader in Me Program-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Lexington county school district one appoints all of the members of the board of trustees.

Form 990, Page 6, Part VI, Line 7B

Daily operations and yearly budget

Form 990, Page 6, Part VI, Line 11B

Officers of the foundation and lexington county school district one management personnel review the form 990 before signing.

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

Each board member agrees by signature to the lexington school district one educational foundation code of ethics. In this document the board member agrees to avoid conflicts of interest and refrain from using their board position for personal or partisan gain.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Lexington County School District
EIN
57-1025465
Phone
8033594178
Address
100 TARRAR SPRINGS ROAD, LEXINGTON, SC 29071

Signing Officer

Name
Mr John C Butler
Title
District CFO
Phone
8033594178
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr John C Butler
Formed
1994
Legal Domicile
Sc
Voting Board Members
30
Independent Board Members
30
Employees
0

Preparer

Firm
Greene Finney Llp
Address
800 E WASHINGTON ST STE D, GREENVILLE, SC 29601-3054
Preparer
Susan Denise Eidson CPA
Phone
8644517381
Supplemental Narrative

Additional Explanations

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

As of the 2016-2017 fiscal year, leap funds exclude any payments for housing/housing insurance, vehicle purchases/vehicle insurance, and security deposits. Also, worker's compensation recipients are ineligible for assistance.

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

Leader in me provided year-long support and training for the teachers, staff and students to implement a leadership program within the school. Michelin golden apple teacher grants provide grants up to 250 each to teachers to fund classroom needs that would not be available otherwise that enhance creativity and learning. Examples of projects funded included an international business conference, stem bins for first graders, books focused on historical events and more. Wp rawl school to garden mini-grants provided grants ranging from 250 to 500 to create new or support existing school gardens that support student learning through the creation of outdoor classrooms, greenhouses, vegetable gardens and the like.

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IRS990/Form990PartVIISectionAGrp/PersonNm0MR JOHN C BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm1DR GREGORY D LITTLE
IRS990/Form990PartVIISectionAGrp/PersonNm2MS JULIE ANDERSON WASHBURN
IRS990/Form990PartVIISectionAGrp/PersonNm3MRS HAYLEY D BOWERS
IRS990/Form990PartVIISectionAGrp/PersonNm4MR SIMEON M BRYANT
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IRS990/Form990PartVIISectionAGrp/PersonNm7MR JIMMY COMPTON
IRS990/Form990PartVIISectionAGrp/PersonNm8MR KARL E FULMER
IRS990/Form990PartVIISectionAGrp/PersonNm9MR RICHARD J HOOK
IRS990/Form990PartVIISectionAGrp/PersonNm10MR MICHAEL V SHEALY
IRS990/Form990PartVIISectionAGrp/PersonNm11MR MICHAEL S WINGARD
IRS990/Form990PartVIISectionAGrp/PersonNm12MRS SANDRA KAY BACKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm13MR RUTU P BHONSLE'
IRS990/Form990PartVIISectionAGrp/PersonNm14DR WILLIAM H HARMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15MS LISA HAYES
IRS990/Form990PartVIISectionAGrp/PersonNm16MS MELISA H HERNDON
IRS990/Form990PartVIISectionAGrp/PersonNm17MRS JENNIFER H HOLBROOK
IRS990/Form990PartVIISectionAGrp/PersonNm18DR ELISE A HOWELL
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IRS990/ProgSrvcAccomActy3Grp/Desc021ST CENTURY INNOVATION GRANTS FOR ELEMENTARY SCHOOLS - GRANTS OF UP TO 5,000 EACH WITH A REQUIRED 10% MATCH WERE AWARDED TO ELEMENTARY SCHOOLS FOR EDUCATIONAL PROJECTS THAT ADDRESS ONE OR MORE OF THE DISTRICT'S PATHWAYS TOWARD COLLEGE, CAREER AND CITIZENSHIP PREPAREDNESS IN INNOVATIVE WAYS. IN 2016-2017, FUNDS PROVIDED GRANTS FOR IB TRAINING FOR TEACHERS, BRAIN-BASED TRAINING FOR TEACHERS AND BOOKS TO SUPPORT THEM, EQUIPMENT FOR A LEARNING LAB, AND LEADERSHIP TRAINING FOR TEACHERS AND STUDENTS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0LEADER IN ME PROVIDED YEAR-LONG SUPPORT AND TRAINING FOR THE TEACHERS, STAFF AND STUDENTS TO IMPLEMENT A LEADERSHIP PROGRAM WITHIN THE SCHOOL. MICHELIN GOLDEN APPLE TEACHER GRANTS PROVIDE GRANTS UP TO 250 EACH TO TEACHERS TO FUND CLASSROOM NEEDS THAT WOULD NOT BE AVAILABLE OTHERWISE THAT ENHANCE CREATIVITY AND LEARNING. EXAMPLES OF PROJECTS FUNDED INCLUDED AN INTERNATIONAL BUSINESS CONFERENCE, STEM BINS FOR FIRST GRADERS, BOOKS FOCUSED ON HISTORICAL EVENTS AND MORE. WP RAWL SCHOOL TO GARDEN MINI-GRANTS PROVIDED GRANTS RANGING FROM 250 TO 500 TO CREATE NEW OR SUPPORT EXISTING SCHOOL GARDENS THAT SUPPORT STUDENT LEARNING THROUGH THE CREATION OF OUTDOOR CLASSROOMS, GREENHOUSES, VEGETABLE GARDENS AND THE LIKE.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.97$0.01$1.96$0.25$0.35$0.10
2024Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$0.33$0.30$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.41$0.33$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.45$0.39$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$0.29$0.30$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.34$0.41$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.33$0.30$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.34$0.26$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.33$0.22$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.46$0.25$0.21
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.01$0.92$0.37$0.31$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.02$0.86$0.44$0.30$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.01$0.71$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.00$0.58$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.00$0.55$0.29