Civic Intelligence

The Perrin Foundation

990 • Fiscal year 2017 • EIN 57-1089465

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 24, 2018

424 E Kennedy StreetSpartanburg, SC 29302

(864) 582-0138

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

6th percentile

-48%

Higher net margin than 6% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

67th percentile

9.6%

Faster asset growth than 67% of similar nonprofits.

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

Revenue Growth

95th percentile

169%

Faster revenue growth than 95% of similar nonprofits.

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

Assets

Up

$1,503,071

Up $132,230 (+9.6%) from 2016

Net Assets

Up

$1,503,071

Up $132,230 (+9.6%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$55,143

Up $34,628 (+169%) from 2016

Expenses

Up

$81,487

Up $731 (+0.9%) from 2016

Net Income

Up

-$26,344

Up $33,897 (+56%) 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 2010: $995,356Liabilities 2010: $0Net Assets 2010: $995,3562010Assets 2011: $964,523Liabilities 2011: $0Net Assets 2011: $964,5232011Assets 2012: $1,107,249Liabilities 2012: $0Net Assets 2012: $1,107,2492012Assets 2013: $1,299,166Liabilities 2013: $0Net Assets 2013: $1,299,1662013Assets 2014: $1,381,766Liabilities 2014: $0Net Assets 2014: $1,381,7662014Assets 2015: $1,377,414Liabilities 2015: $0Net Assets 2015: $1,377,4142015Assets 2016: $1,370,841Liabilities 2016: $0Net Assets 2016: $1,370,8412016Assets 2017: $1,503,071Liabilities 2017: $0Net Assets 2017: $1,503,0712017Assets 2018: $1,334,414Liabilities 2018: $0Net Assets 2018: $1,334,4142018Assets 2019: $1,474,645Liabilities 2019: $0Net Assets 2019: $1,474,6452019Assets 2020: $1,553,237Liabilities 2020: $0Net Assets 2020: $1,553,2372020Assets 2021: $1,632,643Liabilities 2021: $0Net Assets 2021: $1,632,6432021Assets 2022: $1,307,578Liabilities 2022: $0Net Assets 2022: $1,307,5782022Assets 2023: $1,450,876Liabilities 2023: $0Net Assets 2023: $1,450,8762023Assets 2024: $1,576,759Liabilities 2024: $0Net Assets 2024: $1,576,7592024

Highlighted filing

2017

Assets$1,503,071
Liabilities$0
Net Assets$1,503,071

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $54,0162010Revenue 2011: $89,472Expenses 2011: $64,496Net Income 2011: $24,9762011Expenses 2012: $63,8762012Revenue 2013: $141,381Expenses 2013: $66,869Net Income 2013: $74,5122013Revenue 2014: $138,893Expenses 2014: $77,662Net Income 2014: $61,2312014Revenue 2015: $134,747Expenses 2015: $81,650Net Income 2015: $53,0972015Revenue 2016: $20,515Expenses 2016: $80,756Net Income 2016: -$60,2412016Revenue 2017: $55,143Expenses 2017: $81,487Net Income 2017: -$26,3442017Revenue 2018: $23,014Expenses 2018: $87,304Net Income 2018: -$64,2902018Revenue 2019: $21,044Expenses 2019: $86,789Net Income 2019: -$65,7452019Revenue 2020: $18,775Expenses 2020: $81,636Net Income 2020: -$62,8612020Revenue 2021: $20,823Expenses 2021: $90,818Net Income 2021: -$69,9952021Revenue 2022: $28,115Expenses 2022: $94,294Net Income 2022: -$66,1792022Revenue 2023: $29,488Expenses 2023: $78,786Net Income 2023: -$49,2982023Revenue 2024: $26,582Expenses 2024: $85,284Net Income 2024: -$58,7022024

Highlighted filing

2017

Revenue$55,143
Expenses$81,487
Net Income-$26,344
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 24, 2018
Return Version
2017v2.2
Gross Receipts
$61,281
Mission and Program Overview

Mission

Charitable and philanthropic endeavors in support of and in conjunction with the spartanburg county foundation

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,370,841$1,503,071▲ $132,230
Total Assets$1,370,841$1,503,071▲ $132,230
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,370,841$1,503,071▲ $132,230
Total Net Assets Fund Balance$1,370,841$1,503,071▲ $132,230
Total Liabilities and Net Assets / Fund Balance$1,370,841$1,503,071▲ $132,230

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$34,910--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anne Porcher Z PerrinChairman
Edward P Perrin JrPresident
Sallie P WhiteVice-president
Lawrence E Flynn JrSecretary
Anne P FlynnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$35,102
Program Service Revenue
$0
Investment Income
$20,041
Other Revenue
$0
All Other Contributions
$35,102
Change in Net Assets
$-26,344

Audited Revenue Reconciliation

Revenue per Audited Statements
$55,143
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$158,574
Total Revenue per Audited Statements
$213,717
Total Revenue per Form 990
$55,143
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$62,000
Other Expenses$19,487
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$62,000--$62,000
Fees for Services Management-$19,487-$19,487
Total Functional Expenses$62,000$19,487$0$81,487

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$81,487
Total Expenses per Audited Statements$81,487
Total Expenses per Form 990$81,487
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
United Way of the PiedmontSpartanburg, SC501(c)(3)Community Support$37,200
Westminister Presbyterian ChurchSpartanburg, SCChurchReligious$8,000
Preston Hollow Presbyterian Church FoundationDallas, TXChurchReligious$6,400
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
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 2

Edward p perrin anne porcher z perrin sallie perrin white anne perrin flynn edward p perrin, jr. Family relationship

Form 990, Part VI, Section B, Line 11B

Copy of form 990 and attachments are given to all trustees for their review prior to filing. The return is reviewed by the president of spartanburg county foundation and a principal trustee of perrin foundation, who signs the return.

Form 990, Part VI, Section C, Line 19

Upon request, the financial statements and form 990 are available for inspection at the office of spartanburg county foundation, 424 e. Kennedy street, spartanburg, sc 29302, telephone 864-582-0138, between the hours of 9am and 4pm, monday through friday.

Filing and Contact Details

Filer

Filer Name
The Perrin Foundation
EIN
57-1089465
Phone
8645820138
Address
424 E KENNEDY STREET, SPARTANBURG, SC 29302

Signing Officer

Name
Anne Porcher Z Perrin
Title
Chairman
Phone
8645820138
Signed
2018-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Porcher Z Perrin
Formed
2000
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Mcabee Schwartz Halliday & Co
Address
824 EAST MAIN STREET, SPARTANBURG, SC 29302
Preparer
Homer E Mcabee Jr
Phone
8645830886
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2(C)

The audited financial statements are reviewed by the spartanburg county foundation board of trustees. The procedure has not changed from prior years.

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IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd16F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd17F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd18F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd19F
IRS990ScheduleD/RevenueNotReportedAmt0158574
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt055143
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01503071
IRS990ScheduleD/TotalExpensesPerForm990Amt081487
IRS990ScheduleD/TotalRevenuePerForm990Amt055143
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0213717
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt081487
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt08000
IRS990ScheduleI/RecipientTable/CashGrantAmt137200
IRS990ScheduleI/RecipientTable/CashGrantAmt26400
IRS990ScheduleI/RecipientTable/IRCSectionDesc0CHURCH
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2CHURCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RELIGIOUS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1COMMUNITY SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2RELIGIOUS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WESTMINISTER PRESBYTERIAN CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1UNITED WAY OF THE PIEDMONT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2PRESTON HOLLOW PRESBYTERIAN CHURCH FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0570424982
IRS990ScheduleI/RecipientTable/RecipientEIN1570314377
IRS990ScheduleI/RecipientTable/RecipientEIN2752361810
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0FERNWOOD DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1203 E MAIN ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt29800 PRESTON ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SPARTANBURG
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SPARTANBURG
IRS990ScheduleI/RecipientTable/USAddress/CityNm2DALLAS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1SC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd029302
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd129302
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd275230
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT REQUEST ARE REVIEWED TO DETERMINE THAT THE GRANTEE ORGANIZATION IS EXEMPT UNDER 501(C)(3), OR QUALIFIES AS A CHURCH, OR IS A GOVERNMENTAL UNIT. IF THE GRANTEE MEETS ONE OF THESE REQUIREMENTS, THE GRANT IS APPROVED WITHOUT FURTHER MONITORING, IF NOT THE GRANT IS DENIED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EDWARD P PERRIN ANNE PORCHER Z PERRIN SALLIE PERRIN WHITE ANNE PERRIN FLYNN EDWARD P PERRIN, JR. FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF FORM 990 AND ATTACHMENTS ARE GIVEN TO ALL TRUSTEES FOR THEIR REVIEW PRIOR TO FILING. THE RETURN IS REVIEWED BY THE PRESIDENT OF SPARTANBURG COUNTY FOUNDATION AND A PRINCIPAL TRUSTEE OF PERRIN FOUNDATION, WHO SIGNS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST, THE FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE FOR INSPECTION AT THE OFFICE OF SPARTANBURG COUNTY FOUNDATION, 424 E. KENNEDY STREET, SPARTANBURG, SC 29302, TELEPHONE 864-582-0138, BETWEEN THE HOURS OF 9AM AND 4PM, MONDAY THROUGH FRIDAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE SPARTANBURG COUNTY FOUNDATION BOARD OF TRUSTEES. THE PROCEDURE HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2(C)
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SPARTANBURG COUNTY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0570351398
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0424 E KENNEDY STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SPARTANBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd029302
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01100
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt119487
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SPARTANBURG COUNTY FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1SPARTANBURG COUNTY FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01370841
IRS990/TotalAssetsEOYAmt01503071
IRS990/TotalAssetsGrp/BOYAmt01370841
IRS990/TotalAssetsGrp/EOYAmt01503071
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt035102
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019487
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt062000
IRS990/TotalFunctionalExpensesGrp/TotalAmt081487
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01370841
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01503071
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt062000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt020041
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt055143
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01370841
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01503071

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.$1.58$0.00$1.58$0.03$0.09$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$0.03$0.08$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.03$0.09$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$0.02$0.09$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.02$0.08$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.02$0.09$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.02$0.09$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.06$0.08$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.02$0.08$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.13$0.08$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.14$0.08$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.14$0.07$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$0.06
2011Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$0.09$0.06$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.00$1.00$0.05