Civic Intelligence

Berkley County Foundation for Education

990EZ • Fiscal year 2022 • EIN 57-1111408

Jul 01, 2021 to Jun 30, 2022 • 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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

64th percentile

12%

Faster asset growth than 64% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

129%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$262,788

Up $27,166 (+12%) from 2021

Net Assets

Up

$262,788

Up $27,166 (+12%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$29,756

Up $16,754 (+129%) from 2021

Expenses

Down

$2,590

Down $480 (-16%) from 2021

Net Income

Up

$27,166

Up $17,234 (+174%) from 2021

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

2022

Assets$262,788
Liabilities-
Net Assets$262,788

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

2022

Revenue$29,756
Expenses$2,590
Net Income$27,166
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 14, 2022
Return Version
2021v4.0
Gross Receipts
$29,756
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 90 total 90

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.

Raw XML Appendix142 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOHN M WATSON
IRS990EZ/BooksInCareOfDetail/PhoneNum08437619543
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1184
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONCKS CORNER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029461
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0235622
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0262788
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt027166
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0235622
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0262788
IRS990EZ/GainOrLossFromSaleOfAssetsAmt026508
IRS990EZ/GrantsAndSimilarAmountsPaidAmt02500
IRS990EZ/GrossReceiptsAmt029756
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03248
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0235622
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0262788
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0235622
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0262788
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SALLY ANNE B WOFFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN O WILLIAMS II
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN M WATSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BOOKER MANIGAULT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JERLEAN P HOLMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt090
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt026508
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02590
IRS990EZ/TotalProgramServiceExpensesAmt02500
IRS990EZ/TotalRevenueAmt029756
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BCFOUNDATIONFORED.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0116
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0688
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02304
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03248
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04144
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07607
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt014999
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt017303
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03248
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04260
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09107
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0688
IRS990ScheduleA/Total509Grp/TotalAmt017303
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03248
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04260
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt09107
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0688
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt017303
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE CHARGES 90 TOTAL 90
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
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN M WATSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08437619543
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BERKELEY COUNTY FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOR EDUCATION
ReturnHeader/Filer/BusinessNameControlTxt0BERK
ReturnHeader/Filer/EIN0571111408
ReturnHeader/Filer/PhoneNum08437619543
ReturnHeader/Filer/USAddress/AddressLine1Txt0POST OFFICE BOX 1184
ReturnHeader/Filer/USAddress/CityNm0MONCKS CORNER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029461
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261577005
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHADWICK D SWEATMAN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0320 E MAIN ST SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MONCKS CORNER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0294613770
ReturnHeader/PreparerPersonGrp/PhoneNum08438991500
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHADWICK D SWEATMAN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-10-14T15:55:25-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN M
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WATSON
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings