Civic Intelligence

South Carolina First Steps to School Readiness Board of Trustees-Aiken

990 • Fiscal year 2020 • EIN 57-1097775

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 21, 2021

Post Office Box 429Greenwood, SC 29648

(803) 663-5604

Siviq Scores

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

Liabilities / Assets

75th percentile

0.11x

Higher debt load relative to assets than 75% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.05x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

74th percentile

25%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

95th percentile

$65,982

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

88th percentile

100%

Faster asset growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

6.3%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$200,159

Up $100,237 (+100%) from 2019

Net Assets

Up

$178,320

Up $99,594 (+127%) from 2019

Liabilities

Up

$21,839

Up $643 (+3.0%) from 2019

Revenue

Up

$404,161

Up $23,871 (+6.3%) from 2019

Expenses

Down

$304,567

Down $19,034 (-5.9%) from 2019

Net Income

Up

$99,594

Up $42,905 (+76%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $143,935Liabilities 2010: $41,688Net Assets 2010: $102,2472010Assets 2011: $181,938Liabilities 2011: $34,528Net Assets 2011: $147,4102011Assets 2012: $191,879Liabilities 2012: $46,263Net Assets 2012: $145,6162012Assets 2013: $102,130Liabilities 2013: $56,329Net Assets 2013: $45,8012013Assets 2014: $132,239Liabilities 2014: $23,891Net Assets 2014: $108,3482014Assets 2015: $158,226Liabilities 2015: $22,720Net Assets 2015: $135,5062015Assets 2016: $199,407Liabilities 2016: $36,679Net Assets 2016: $162,7282016Assets 2017: $96,927Liabilities 2017: $80,362Net Assets 2017: $16,5652017Assets 2018: $43,892Liabilities 2018: $21,855Net Assets 2018: $22,0372018Assets 2019: $99,922Liabilities 2019: $21,196Net Assets 2019: $78,7262019Assets 2020: $200,159Liabilities 2020: $21,839Net Assets 2020: $178,3202020Assets 2021: $308,868Liabilities 2021: $51,538Net Assets 2021: $257,3302021Assets 2022: $368,948Liabilities 2022: $22,413Net Assets 2022: $346,5352022Assets 2023: $319,485Liabilities 2023: $34,052Net Assets 2023: $285,4332023Assets 2024: $178,883Liabilities 2024: $36,153Net Assets 2024: $142,7302024

Highlighted filing

2020

Assets$200,159
Liabilities$21,839
Net Assets$178,320

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $408,676Expenses 2010: $357,357Net Income 2010: $51,3192010Expenses 2011: $329,6692011Revenue 2012: $391,200Expenses 2012: $387,655Net Income 2012: $3,5452012Expenses 2013: $497,8402013Revenue 2014: $383,700Expenses 2014: $321,153Net Income 2014: $62,5472014Revenue 2015: $389,256Expenses 2015: $362,098Net Income 2015: $27,1582015Revenue 2016: $422,356Expenses 2016: $395,134Net Income 2016: $27,2222016Revenue 2017: $414,757Expenses 2017: $560,920Net Income 2017: -$146,1632017Revenue 2018: $452,078Expenses 2018: $446,606Net Income 2018: $5,4722018Revenue 2019: $380,290Expenses 2019: $323,601Net Income 2019: $56,6892019Revenue 2020: $404,161Expenses 2020: $304,567Net Income 2020: $99,5942020Revenue 2021: $455,763Expenses 2021: $376,753Net Income 2021: $79,0102021Revenue 2022: $420,995Expenses 2022: $331,790Net Income 2022: $89,2052022Revenue 2023: $311,127Expenses 2023: $372,229Net Income 2023: -$61,1022023Revenue 2024: $226,991Expenses 2024: $369,694Net Income 2024: -$142,7032024

Highlighted filing

2020

Revenue$404,161
Expenses$304,567
Net Income$99,594
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 21, 2021
Return Version
2019v5.0
Gross Receipts
$404,161
Mission and Program Overview

Mission

Our vision is that every aiken county child will arrive at kindergarten ready to succeed.

Per south carolina code of laws section 59-152-10: there is established the south carolina first steps to school readiness, a comprehensive, results- oreiented initiative for improving early childhood development by providing, through local partnerships, public and private funds, and support for high-quality early childhood development and education services for children by providing support for their families' efforts toward enabling their children to reach school ready to succeed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$98,475$200,159▲ $101,684
Prepaid Expenses and Deferred Charges$1,000--
Accounts Receivable$447--
Total Assets$99,922$200,159▲ $100,237
Liabilities
Accounts Payable and Accrued Expenses$21,196$21,839▲ $643
Total Liabilities$21,196$21,839▲ $643
Net Assets / Fund Balance
Net Assets With Donor Restrictions$78,726$178,320▲ $99,594
Total Net Assets Fund Balance$78,726$178,320▲ $99,594
Total Liabilities and Net Assets / Fund Balance$99,922$200,159▲ $100,237
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marcia NashExecutive DiFT$65,982$65,982

Board Members and Trustees

NameTitle
Tracy BrownChair
Charlene Moore-petersonBoard Member
David WalkerBoard Member
Dorothy HughesBoard Member
Marie DavidsohnBoard Member
Natrice Brightop-carpenterBoard Member
Paige LeopardBoard Member
Shadie HallBoard Member
Stephanie BrownBoard Member
Teresa LillyBoard Member
Tamisha LawrenceSecretary
Shirley Von BeckTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$404,142
Program Service Revenue
$0
Investment Income
$19
Other Revenue
$0
All Other Contributions
$4,112
Change in Net Assets
$99,594

Audited Revenue Reconciliation

Revenue per Audited Statements
$404,161
Total Revenue per Audited Statements
$404,161
Total Revenue per Form 990
$404,161
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$153,406
Salaries, Compensation, and Employee Benefits$151,161
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$127,479$7,879-$135,358
Office Expenses$9,902$1,792-$11,694
Payroll Taxes$9,925$606-$10,531
Travel$6,445$228-$6,673
Other Employee Benefits$5,015$257-$5,272
Other Expenses$833$4,238-$4,238
All Other Expenses$1,774$265-$2,039
Insurance-$1,492-$1,492
Total Functional Expenses$284,348$20,219$0$304,567

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$304,567
Total Expenses per Audited Statements$304,567
Total Expenses per Form 990$304,567
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
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
No
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

A copy of form 990 is made available to the executive director for review prior to filing. The financial information on form 990 is based primarily upon the organization's audited financial statements, which are provided to the board.

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

The board members of the local partnership are representative of various organizations that in certain instances benefit from actions taken by the board. It is the policy of the local partnership that board members not be involved with decisions regarding organizations they represent.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
South Carolina First Steps to
EIN
57-1097775
Phone
8036635604
Address
POST OFFICE BOX 429, GREENWOOD, SC 29648

Signing Officer

Name
Marcia Nash
Title
Executive Director
Phone
8036635604
Signed
2021-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcia Nash
Formed
1999
Legal Domicile
Sc
Voting Board Members
12
Independent Board Members
12
Employees
8

Preparer

Firm
Manley Garvin LLC
Address
PO BOX 429, GREENWOOD, SC 29648
Preparer
Joshua C Garvin
Phone
8642294951
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Per south carolina code of laws section 59-152-10: there is established the south carolina first steps to school readiness, a comprehensive, results- oreiented initiative for improving early childhood development by providing, through local partnerships, public and private funds, and support for high-quality early childhood development and education services for children by providing support for their families' efforts toward enabling their children to reach school ready to succeed.

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

Child care: childcare training-a program that supports child care providers and equips them to advance along the center for child care career development (ccccd) career framework, advance within the abc quality system, improve an approved measure of program quality and/or to provide training on a topic- specific focus based on regional ta coordination meetings. Childcare quality enhancement-a program for individuals who provide consultation/coaching and mentoring. Coaching and consultation and mentoring include a wide range of behaviors including specific and direct feedback, action planning, modeling, reviewing, role-playing and goal setting. Childcare scholarships-childcare scholarships are available for families that qualify. South carolina first steps leverages state, local and private resources to increase the quality of, and number of children participating in, high-quality pre-kindergarten programs in both the public and private sectors.

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

School transition: countdown to kindergarten- is designed to 1. Establish lasting home-school bonds rooted in trust and mutual respect; 2. Enable parents and teachers to reach common understandings of both familial and classroom expectations for the coming school year; and 3. Establish strong student-teacher relationships that will facilitate the home-school transition and enhance classroom learning.

Financial Statement Notes

Schedule D, Page 3, Part X

The basis of accounting followed by the partnership, as previously described in note 1 to these financial statements, requires management to evaluate tax positions taken by the local partnership and recognize a tax liability ( or asset) if the local partnership has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. Management has analyzed the tax positions taken by the local partnership, and has concluded that as of june 30, 2020, there are no uncertain positions taken or expected to be taken that would require recognition of a liability ( or asset) or disclosure in the financial statements. The local partnership is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BASIS OF ACCOUNTING FOLLOWED BY THE PARTNERSHIP, AS PREVIOUSLY DESCRIBED IN NOTE 1 TO THESE FINANCIAL STATEMENTS, REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE LOCAL PARTNERSHIP AND RECOGNIZE A TAX LIABILITY ( OR ASSET) IF THE LOCAL PARTNERSHIP HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE LOCAL PARTNERSHIP, AND HAS CONCLUDED THAT AS OF JUNE 30, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY ( OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE LOCAL PARTNERSHIP IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PER SOUTH CAROLINA CODE OF LAWS SECTION 59-152-10: THERE IS ESTABLISHED THE SOUTH CAROLINA FIRST STEPS TO SCHOOL READINESS, A COMPREHENSIVE, RESULTS- OREIENTED INITIATIVE FOR IMPROVING EARLY CHILDHOOD DEVELOPMENT BY PROVIDING, THROUGH LOCAL PARTNERSHIPS, PUBLIC AND PRIVATE FUNDS, AND SUPPORT FOR HIGH-QUALITY EARLY CHILDHOOD DEVELOPMENT AND EDUCATION SERVICES FOR CHILDREN BY PROVIDING SUPPORT FOR THEIR FAMILIES' EFFORTS TOWARD ENABLING THEIR CHILDREN TO REACH SCHOOL READY TO SUCCEED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHILD CARE: CHILDCARE TRAINING-A PROGRAM THAT SUPPORTS CHILD CARE PROVIDERS AND EQUIPS THEM TO ADVANCE ALONG THE CENTER FOR CHILD CARE CAREER DEVELOPMENT (CCCCD) CAREER FRAMEWORK, ADVANCE WITHIN THE ABC QUALITY SYSTEM, IMPROVE AN APPROVED MEASURE OF PROGRAM QUALITY AND/OR TO PROVIDE TRAINING ON A TOPIC- SPECIFIC FOCUS BASED ON REGIONAL TA COORDINATION MEETINGS. CHILDCARE QUALITY ENHANCEMENT-A PROGRAM FOR INDIVIDUALS WHO PROVIDE CONSULTATION/COACHING AND MENTORING. COACHING AND CONSULTATION AND MENTORING INCLUDE A WIDE RANGE OF BEHAVIORS INCLUDING SPECIFIC AND DIRECT FEEDBACK, ACTION PLANNING, MODELING, REVIEWING, ROLE-PLAYING AND GOAL SETTING. CHILDCARE SCHOLARSHIPS-CHILDCARE SCHOLARSHIPS ARE AVAILABLE FOR FAMILIES THAT QUALIFY. SOUTH CAROLINA FIRST STEPS LEVERAGES STATE, LOCAL AND PRIVATE RESOURCES TO INCREASE THE QUALITY OF, AND NUMBER OF CHILDREN PARTICIPATING IN, HIGH-QUALITY PRE-KINDERGARTEN PROGRAMS IN BOTH THE PUBLIC AND PRIVATE SECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SCHOOL TRANSITION: COUNTDOWN TO KINDERGARTEN- IS DESIGNED TO 1. ESTABLISH LASTING HOME-SCHOOL BONDS ROOTED IN TRUST AND MUTUAL RESPECT; 2. ENABLE PARENTS AND TEACHERS TO REACH COMMON UNDERSTANDINGS OF BOTH FAMILIAL AND CLASSROOM EXPECTATIONS FOR THE COMING SCHOOL YEAR; AND 3. ESTABLISH STRONG STUDENT-TEACHER RELATIONSHIPS THAT WILL FACILITATE THE HOME-SCHOOL TRANSITION AND ENHANCE CLASSROOM LEARNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF FORM 990 IS MADE AVAILABLE TO THE EXECUTIVE DIRECTOR FOR REVIEW PRIOR TO FILING. THE FINANCIAL INFORMATION ON FORM 990 IS BASED PRIMARILY UPON THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS, WHICH ARE PROVIDED TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD MEMBERS OF THE LOCAL PARTNERSHIP ARE REPRESENTATIVE OF VARIOUS ORGANIZATIONS THAT IN CERTAIN INSTANCES BENEFIT FROM ACTIONS TAKEN BY THE BOARD. IT IS THE POLICY OF THE LOCAL PARTNERSHIP THAT BOARD MEMBERS NOT BE INVOLVED WITH DECISIONS REGARDING ORGANIZATIONS THEY REPRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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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.$1.79$0.36$1.43$2.27$3.70$1.43
2023Detailed filing. Detailed filing data is available for this year.$3.19$0.34$2.85$3.11$3.72$0.61
2022Detailed filing. Detailed filing data is available for this year.$3.69$0.22$3.47$4.21$3.32$0.89
2021Detailed filing. Detailed filing data is available for this year.$3.09$0.52$2.57$4.56$3.77$0.79
2020Detailed filing. Detailed filing data is available for this year.$2.00$0.22$1.78$4.04$3.05$1.00
2019Detailed filing. Detailed filing data is available for this year.$1.00$0.21$0.79$3.80$3.24$0.57
2018Detailed filing. Detailed filing data is available for this year.$0.44$0.22$0.22$4.52$4.47$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.97$0.80$0.17$4.15$5.61$1.46
2016Detailed filing. Detailed filing data is available for this year.$1.99$0.37$1.63$4.22$3.95$0.27
2015Detailed filing. Detailed filing data is available for this year.$1.58$0.23$1.36$3.89$3.62$0.27
2014Detailed filing. Detailed filing data is available for this year.$1.32$0.24$1.08$3.84$3.21$0.63
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.56$0.46$4.98
2012Summary only. Only limited summary data is available for this year.$1.92$0.46$1.46$3.91$3.88$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.35$1.47$3.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.42$1.02$4.09$3.57$0.51