Civic Intelligence

Berkley County Foundation for Education

990EZ • Fiscal year 2021 • EIN 57-1111408

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 14, 2022

Post Office Box 1184Moncks Corner, SC 29461

(843) 761-9543

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

94th percentile

76%

Higher net margin than 94% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

48th percentile

4.4%

Faster asset growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

23rd percentile

-35%

Faster revenue growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$235,622

Up $9,932 (+4.4%) from 2020

Net Assets

Up

$235,622

Up $9,932 (+4.4%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$13,002

Down $6,984 (-35%) from 2020

Expenses

Up

$3,070

Up $2,940 (+2262%) from 2020

Net Income

Down

$9,932

Down $9,924 (-50%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $144,154Net Assets 2012: $144,1542012Assets 2019: $205,834Net Assets 2019: $205,8342019Assets 2020: $225,690Net Assets 2020: $225,6902020Assets 2021: $235,622Net Assets 2021: $235,6222021Assets 2022: $262,788Net Assets 2022: $262,7882022Assets 2023: $269,902Net Assets 2023: $269,9022023Assets 2024: $282,345Net Assets 2024: $282,3452024Assets 2025: $304,394Net Assets 2025: $304,3942025

Highlighted filing

2021

Assets$235,622
Liabilities-
Net Assets$235,622

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2012: $4,329Expenses 2012: $6,302Net Income 2012: -$1,9732012Revenue 2019: $19,521Expenses 2019: $5,545Net Income 2019: $13,9762019Revenue 2020: $19,986Expenses 2020: $130Net Income 2020: $19,8562020Revenue 2021: $13,002Expenses 2021: $3,070Net Income 2021: $9,9322021Revenue 2022: $29,756Expenses 2022: $2,590Net Income 2022: $27,1662022Revenue 2023: $16,066Expenses 2023: $8,952Net Income 2023: $7,1142023Revenue 2024: $22,458Expenses 2024: $10,015Net Income 2024: $12,4432024Revenue 2025: $40,576Expenses 2025: $18,527Net Income 2025: $22,0492025

Highlighted filing

2021

Revenue$13,002
Expenses$3,070
Net Income$9,932
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 14, 2022
Return Version
2020v4.0
Gross Receipts
$13,002
Mission and Program Overview

Mission

The mission of berkeley county foundation for education - in partnership with individuals, businesses and the school district - is to provide financial resources for the pursuit of educational excellence and innovation.

Program Services

DescriptionGrantsExpenses
THE BERKELEY COUNTY FOUNDATION FOR EDUCATION IS AN ALL VOLUNTEER, NON- PROFIT ORGANIZATION, WHOSE GOAL IS THE IMPROVEMENT OF EDUCATION AT ALL LEVELS. ITS AIM IS TO PROVIDE ADDITIONAL SUPPORT, BOTH FINANICAL AND NON- FINANCIAL, TO THE PUBLIC SCHOOL SYSTEM IN THE COUNTY BY MEANS OF: (1) PROVIDING ADDITIONAL FUNDING FOR EDUCATIONAL PROJECTS THAT EXCEED THE SCHOOL DISTRICT'S OPERATING BUDGET AND OTHER FUNDING; (2) THROUGH THE USE OF GRANTS AND AWARDS, ENCOURAGE SCHOOLS, TEACHERS, AND STUDENTS TOWARDS QUALITY EDUCATIONAL PROGRAMS; (3) BY FOSTERING A POSITIVE COMMUNITY PERCEPTION OF EDUCATION IN THE COUNTY; AND (4) BY PROVIDING AN OCCASIONAL SCHOLARSHIP TO COLLEGE STUDENTS FROM THIS COUNTY. THERE ARE APPROXIMATELY 29,600 STUDENTS IN BERKELEY COUNTY IN GRADES K-12, WITH 40 SCHOOLS AND 2,257 TEACHERS THAT STAND TO BENEFIT FROM THIS ORGANIZATION'S EFFORTS.$2,500$2,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SALLY ANNE B WOFFORDChairman-$0--
JOHN O WILLIAMS IISecretary-$0--
JOHN M WATSONTreasurer-$0--
BOOKER MANIGAULTDirector-$0--
JERLEAN P HOLMESDirector-$0--
Filing and Contact Details

Filer

Filer Name
Berkeley County Foundation
EIN
57-1111408
Phone
8437619543
Address
POST OFFICE BOX 1184, MONCKS CORNER, SC 29461

Signing Officer

Name
John M Watson
Title
Treasurer
Phone
8437619543
Signed
2022-10-14
Discuss with paid preparer
Yes

Preparer

Firm
Chadwick D Sweatman CPA Pc
Address
320 E MAIN ST SUITE A, MONCKS CORNER, SC 29461-3770
Preparer
Chadwick D Sweatman CPA
Phone
8438991500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank service charges 120 total 120

Form 990-ez, Part III

The mission of berkeley county foundation for education - in partnership with individuals, businesses and the school district - is to provide financial resources for the pursuit of educational excellence and innovation.

Form 990-ez, Part III, Line 28

The berkeley county foundation for education is an all volunteer, non- profit organization, whose goal is the improvement of education at all levels. Its aim is to provide additional support, both finanical and non- financial, to the public school system in the county by means of: (1) providing additional funding for educational projects that exceed the school district's operating budget and other funding; (2) through the use of grants and awards, encourage schools, teachers, and students towards quality educational programs; (3) by fostering a positive community perception of education in the county; and (4) by providing an occasional scholarship to college students from this county. There are approximately 29,600 students in berkeley county in grades k-12, with 40 schools and 2,257 teachers that stand to benefit from this organization's efforts.

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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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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF BERKELEY COUNTY FOUNDATION FOR EDUCATION - IN PARTNERSHIP WITH INDIVIDUALS, BUSINESSES AND THE SCHOOL DISTRICT - IS TO PROVIDE FINANCIAL RESOURCES FOR THE PURSUIT OF EDUCATIONAL EXCELLENCE AND INNOVATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE BERKELEY COUNTY FOUNDATION FOR EDUCATION IS AN ALL VOLUNTEER, NON- PROFIT ORGANIZATION, WHOSE GOAL IS THE IMPROVEMENT OF EDUCATION AT ALL LEVELS. ITS AIM IS TO PROVIDE ADDITIONAL SUPPORT, BOTH FINANICAL AND NON- FINANCIAL, TO THE PUBLIC SCHOOL SYSTEM IN THE COUNTY BY MEANS OF: (1) PROVIDING ADDITIONAL FUNDING FOR EDUCATIONAL PROJECTS THAT EXCEED THE SCHOOL DISTRICT'S OPERATING BUDGET AND OTHER FUNDING; (2) THROUGH THE USE OF GRANTS AND AWARDS, ENCOURAGE SCHOOLS, TEACHERS, AND STUDENTS TOWARDS QUALITY EDUCATIONAL PROGRAMS; (3) BY FOSTERING A POSITIVE COMMUNITY PERCEPTION OF EDUCATION IN THE COUNTY; AND (4) BY PROVIDING AN OCCASIONAL SCHOLARSHIP TO COLLEGE STUDENTS FROM THIS COUNTY. THERE ARE APPROXIMATELY 29,600 STUDENTS IN BERKELEY COUNTY IN GRADES K-12, WITH 40 SCHOOLS AND 2,257 TEACHERS THAT STAND TO BENEFIT FROM THIS ORGANIZATION'S EFFORTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE CHARGES 120 TOTAL 120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MISSION OF BERKELEY COUNTY FOUNDATION FOR EDUCATION - IN PARTNERSHIP WITH INDIVIDUALS, BUSINESSES AND THE SCHOOL DISTRICT - IS TO PROVIDE FINANCIAL RESOURCES FOR THE PURSUIT OF EDUCATIONAL EXCELLENCE AND INNOVATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BERKELEY COUNTY FOUNDATION FOR EDUCATION IS AN ALL VOLUNTEER, NON- PROFIT ORGANIZATION, WHOSE GOAL IS THE IMPROVEMENT OF EDUCATION AT ALL LEVELS. ITS AIM IS TO PROVIDE ADDITIONAL SUPPORT, BOTH FINANICAL AND NON- FINANCIAL, TO THE PUBLIC SCHOOL SYSTEM IN THE COUNTY BY MEANS OF: (1) PROVIDING ADDITIONAL FUNDING FOR EDUCATIONAL PROJECTS THAT EXCEED THE SCHOOL DISTRICT'S OPERATING BUDGET AND OTHER FUNDING; (2) THROUGH THE USE OF GRANTS AND AWARDS, ENCOURAGE SCHOOLS, TEACHERS, AND STUDENTS TOWARDS QUALITY EDUCATIONAL PROGRAMS; (3) BY FOSTERING A POSITIVE COMMUNITY PERCEPTION OF EDUCATION IN THE COUNTY; AND (4) BY PROVIDING AN OCCASIONAL SCHOLARSHIP TO COLLEGE STUDENTS FROM THIS COUNTY. THERE ARE APPROXIMATELY 29,600 STUDENTS IN BERKELEY COUNTY IN GRADES K-12, WITH 40 SCHOOLS AND 2,257 TEACHERS THAT STAND TO BENEFIT FROM THIS ORGANIZATION'S EFFORTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN M WATSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08437619543
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-14
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MONCKS CORNER
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ReturnHeader/ReturnTs02022-10-14T15:54:55-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN M
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WATSON
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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