Civic Intelligence

Charleston County Office of First Steps

990 • Fiscal year 2018 • EIN 57-1097784

Jul 01, 2017 to Jun 30, 2018 • Filed on May 09, 2019

PO Box 429Greenwood, SC 29648

(843) 745-0237

Siviq Scores

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

Liabilities / Assets

86th percentile

0.70x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

52nd percentile

0.10x

Higher debt load relative to revenue than 52% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

28th percentile

-4.4%

Higher net margin than 28% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

37th percentile

$10,887

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

6th percentile

-20%

Faster asset growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

48th percentile

2.9%

Faster revenue growth than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$360,746

Down $91,802 (-20%) from 2017

Net Assets

Down

$106,938

Down $107,873 (-50%) from 2017

Liabilities

Up

$253,808

Up $16,071 (+6.8%) from 2017

Revenue

Up

$2,468,096

Up $69,184 (+2.9%) from 2017

Expenses

Up

$2,575,969

Up $140,629 (+5.8%) from 2017

Net Income

Down

-$107,873

Down $71,445 (-196%) 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: $574,082Liabilities 2012: $138,749Net Assets 2012: $435,3332012Assets 2013: $356,943Liabilities 2013: $202,379Net Assets 2013: $154,5642013Assets 2014: $274,653Liabilities 2014: $146,120Net Assets 2014: $128,5332014Assets 2015: $543,800Liabilities 2015: $380,322Net Assets 2015: $163,4782015Assets 2016: $459,402Liabilities 2016: $208,138Net Assets 2016: $251,2642016Assets 2017: $452,548Liabilities 2017: $237,737Net Assets 2017: $214,8112017Assets 2018: $360,746Liabilities 2018: $253,808Net Assets 2018: $106,9382018Assets 2019: $381,662Liabilities 2019: $339,452Net Assets 2019: $42,2102019Assets 2020: $170,435Liabilities 2020: $123,405Net Assets 2020: $47,0302020Assets 2021: $426,843Liabilities 2021: $299,116Net Assets 2021: $127,7272021Assets 2022: $563,173Liabilities 2022: $309,210Net Assets 2022: $253,9632022Assets 2023: $550,405Liabilities 2023: $246,348Net Assets 2023: $304,0572023

Highlighted filing

2018

Assets$360,746
Liabilities$253,808
Net Assets$106,938

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $1,411,995Expenses 2012: $1,171,366Net Income 2012: $240,6292012Expenses 2013: $1,007,7542013Revenue 2014: $1,094,879Expenses 2014: $1,120,943Net Income 2014: -$26,0642014Revenue 2015: $1,410,664Expenses 2015: $1,375,726Net Income 2015: $34,9382015Revenue 2016: $2,314,827Expenses 2016: $2,227,065Net Income 2016: $87,7622016Revenue 2017: $2,398,912Expenses 2017: $2,435,340Net Income 2017: -$36,4282017Revenue 2018: $2,468,096Expenses 2018: $2,575,969Net Income 2018: -$107,8732018Revenue 2019: $2,779,471Expenses 2019: $2,844,199Net Income 2019: -$64,7282019Revenue 2020: $2,505,469Expenses 2020: $2,500,649Net Income 2020: $4,8202020Revenue 2021: $2,213,711Expenses 2021: $2,133,014Net Income 2021: $80,6972021Revenue 2022: $2,579,778Expenses 2022: $2,453,542Net Income 2022: $126,2362022Revenue 2023: $1,500,020Expenses 2023: $1,449,926Net Income 2023: $50,0942023

Highlighted filing

2018

Revenue$2,468,096
Expenses$2,575,969
Net Income-$107,873
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 9, 2019
Return Version
2017v2.3
Gross Receipts
$2,468,096
Mission and Program Overview

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- oriented 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$207,420$148,341▼ $59,079
Prepaid Expenses and Deferred Charges-$107,467-
Accounts Receivable$245,128$104,938▼ $140,190
Total Assets$452,548$360,746▼ $91,802
Liabilities
Accounts Payable and Accrued Expenses$237,737$253,808▲ $16,071
Total Liabilities$237,737$253,808▲ $16,071
Net Assets / Fund Balance
Unrestricted Net Assets$214,811$106,938▼ $107,873
Total Net Assets Fund Balance$214,811$106,938▼ $107,873
Total Liabilities and Net Assets / Fund Balance$452,548$360,746▼ $91,802
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sherry GilliamExecutive DiFT$10,887$10,887

Board Members and Trustees

NameTitle
Richardine Singleton-brownChair
Lorraine PowersVice Chair
Emanuel WilliamsBoard Member
Harriet WilderBoard Member
Jackie PetersBoard Member
James TurnerBoard Member
John BriggsBoard Member
Kelly MckenzieBoard Member
Kristin Zeaser-sydowBoard Member
Latosha Jenkins-fluddBoard Member
Ruth TaylorBoard Member
Violet WashingtonSecretary
Gail FlemingTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Harvest Pointe Child DevelopmentProgram1919 CLIFTON STREET, North Charleston, SC 29455$275,389
Academy Kingdom Child DevelopmentProgram2005 STOKES AVE, North Charleston, SC 29406$122,148
Revenue and Support

Revenue Composition

Contributions and Grants
$2,468,067
Program Service Revenue
$0
Investment Income
$29
Other Revenue
$0
All Other Contributions
$8,533
Change in Net Assets
$-107,873

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,468,096
Total Revenue per Audited Statements
$2,468,096
Total Revenue per Form 990
$2,468,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,356,170
Salaries, Compensation, and Employee Benefits$1,219,799
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$798,248$89,778-$888,026
Other Employee Benefits$245,814$20,205-$266,019
Office Expenses$66,153$10,065-$76,218
Payroll Taxes$59,607$6,147-$65,754
Occupancy$52,662$7,832-$60,494
Travel$58,554$116-$58,670
All Other Expenses$15,451$10,299-$25,750
Other Expenses$20,316$400-$20,716
Insurance$1,749$4,021-$5,770
Total Functional Expenses$2,427,106$148,863$0$2,575,969

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,575,969
Total Expenses per Audited Statements$2,575,969
Total Expenses per Form 990$2,575,969
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ruth TaylorBoard MemberSchool DistrictNo$1,117,613
Violet WashingtonBoard MemberSc DssNo$40
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 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. Board members disclose these relationships and transactions as appropriate under the local partnership's policies and as required by law. It is the policy of the local partnership that board members are not 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
Charleston County First Steps
EIN
57-1097784
Phone
8437450237
Address
PO BOX 429, GREENWOOD, SC 29648

Signing Officer

Name
Sherry Gilliam
Title
Executive Director
Phone
8437450237
Signed
2019-05-09

Organization Details

Principal Officer
Sherry Gilliam
Formed
1999
Legal Domicile
Sc
Voting Board Members
13
Independent Board Members
13
Employees
0

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- oriented 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 4B

Early literacy skills for school success. The program is targeted towards families with children from birth through age.

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

SETTING.

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

Indirect program expenses

Financial Statement Notes

Schedule D, Page 3, Part X

The basis of accounting followed by the local partnership 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, 2018 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.

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IRS990/MissionDesc0PER SOUTH CAROLINA CODE OF LAWS SECTION 59-152-10: THERE IS ESTABLISHED THE SOUTH CAROLINA FIRST STEPS TO SCHOOL READINESS, A COMPREHENSIVE, RESULTS- ORIENTED 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.
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IRS990/ProgSrvcAccomActy2Grp/Desc0PARENTING SUPPORT: PARENTS AS TEACHERS-A PARENT EDUCATOR VISITS YOUR HOME AND PROVIDES GUIDANCE AND RESOURCES TO ENABLE YOU TO SUPPORT YOUR CHILD'S DEVELOPMENT AND SCHOOL READINESS. PAT AIMS TO INCREASE YOUR KNOWLEDGE OF EARLY CHILDHOOD DEVELOPMENT AND IMPROVE PARENTING PRACTICES, PROVIDE EARLY DETECTION OF DEVELOPMENTAL DELAYS AND HEALTH ISSUES, PREVENT CHILD ABUSE AND NEGLECT, AND INCREASE CHILDREN'S SCHOOL READINESS AND SCHOOL SUCCESS. RAISING A READER- ENGAGES YOU AND YOUR FAMILY TO DEVELOP, PRACTICE AND MAINTAIN A DAILY ROUTINE OF BOOK READING WITH YOUR CHILDREN. THIS PROGRAM HELPS FAMILIES FOSTER HEALTHY BRAIN DEVELOPMENT, PARENT-CHILD BONDING AND EARLY LITERACY SKILLS FOR SCHOOL SUCCESS. THE PROGRAM IS TARGETED TOWARDS FAMILIES WITH CHILDREN FROM BIRTH THROUGH AGE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0CHILD 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.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BASIS OF ACCOUNTING FOLLOWED BY THE LOCAL PARTNERSHIP 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, 2018 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0VIOLET WASHINGTON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1RUTH TAYLOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS OF THE LOCAL PARTNERSHIP ARE REPRESENTATIVE OF VARIOUS ORGANIZATIONS THAT IN CERTAIN INSTANCES BENEFIT FROM ACTIONS TAKEN BY THE BOARD. BOARD MEMBERS DISCLOSE THESE RELATIONSHIPS AND TRANSACTIONS AS APPROPRIATE UNDER THE LOCAL PARTNERSHIP'S POLICIES AND AS REQUIRED BY LAW. IT IS THE POLICY OF THE LOCAL PARTNERSHIP THAT BOARD MEMBERS ARE NOT INVOLVED WITH DECISIONS REGARDING ORGANIZATIONS THEY REPRESENT. CERTAIN BOARD MEMBERS ARE ALSO MEMBERS OF MANAGEMENT OF SOME LOCAL PARTNERSHIP'S CONTRACTORS, SUCH AS THE CHARLESTON COUNTY SCHOOL DISTRICT AND VARIOUS STATE AGENCIES. THE LOCAL PARTNERSHIP CONSUMMATED ARM'S LENGTH TRANSACTIONS WITH THESE ENTITIES TO PROVIDE CERTAIN SERVICES RELATED TO THE MISSION OF THE LOCAL PARTNERSHIP. THE LOCAL PARTNERSHIP HAS RECOGNIZED APPROXIMATELY 1,118,000 AS EXPENSE FOR THE YEAR ENDED JUNE 30, 2018, RELATED TO THE SERVICES PROVIDED BY THESE CONTRACTORS.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
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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- ORIENTED 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/ExplanationTxt1EARLY LITERACY SKILLS FOR SCHOOL SUCCESS. THE PROGRAM IS TARGETED TOWARDS FAMILIES WITH CHILDREN FROM BIRTH THROUGH AGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SETTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INDIRECT PROGRAM EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A 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/ExplanationTxt5THE BOARD MEMBERS OF THE LOCAL PARTNERSHIP ARE REPRESENTATIVE OF VARIOUS ORGANIZATIONS THAT IN CERTAIN INSTANCES BENEFIT FROM ACTIONS TAKEN BY THE BOARD. BOARD MEMBERS DISCLOSE THESE RELATIONSHIPS AND TRANSACTIONS AS APPROPRIATE UNDER THE LOCAL PARTNERSHIP'S POLICIES AND AS REQUIRED BY LAW. IT IS THE POLICY OF THE LOCAL PARTNERSHIP THAT BOARD MEMBERS ARE NOT INVOLVED WITH DECISIONS REGARDING ORGANIZATIONS THEY REPRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE 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 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4C
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