Civic Intelligence

Fort MILL Economic Partners

EIN 65-1251088 • 501(c)3 • Fort Mill, SC

Profile

FMEP exists to improve the economic and social well-being of Fort Mill by building local wealth, diversifying the local economy, attracting and retaining quality jobs, identifying business-friendly resources, and advancing quality-of-life opportunities to ensure a thriving community for both life and work.

219 Main St Ste 202Fort Mill, SC 29715

www.fortmillep.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

89th percentile

47%

Higher net margin than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

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.

501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

92nd percentile

94%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

87th percentile

58%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$160,385

Down $55,814 (-26%) from 2023

Liabilities

Up

$3,230

Up $3,230 from 2023

Net Assets

Down

$157,155

Down $59,044 (-27%) from 2023

Revenue

Down

$140,477

Down $81,330 (-37%) from 2023

Expenses

Up

$199,521

Up $82,671 (+71%) from 2023

Net Income

Down

-$59,044

Down $164,001 (-156%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2010: $7,039Net Assets 2010: $7,0392010Assets 2011: $290Liabilities 2011: $02011Assets 2012: $421Net Assets 2012: $4212012Assets 2013: $325Net Assets 2013: $3252013Assets 2014: $1,891Net Assets 2014: $1,8912014Assets 2015: $1,705Net Assets 2015: $1,7052015Assets 2016: $4,824Net Assets 2016: $4,8242016Assets 2017: $6,469Net Assets 2017: $6,4692017Assets 2018: $6,279Liabilities 2018: $3,500Net Assets 2018: $2,7792018Assets 2021: $30,861Liabilities 2021: $0Net Assets 2021: $30,8612021Assets 2022: $111,242Liabilities 2022: $0Net Assets 2022: $111,2422022Assets 2023: $216,199Liabilities 2023: $0Net Assets 2023: $216,1992023Assets 2024: $160,385Liabilities 2024: $3,230Net Assets 2024: $157,1552024

Highlighted filing

2024

Assets$160,385
Liabilities$3,230
Net Assets$157,155

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $39,809Expenses 2010: $40,313Net Income 2010: -$5042010Revenue 2011: $3,677Expenses 2011: $10,426Net Income 2011: -$6,7492011Revenue 2012: $3,930Expenses 2012: $3,799Net Income 2012: $1312012Revenue 2013: $60Expenses 2013: $156Net Income 2013: -$962013Revenue 2014: $5,848Expenses 2014: $4,282Net Income 2014: $1,5662014Expenses 2015: $1862015Revenue 2016: $3,800Expenses 2016: $681Net Income 2016: $3,1192016Revenue 2017: $17,700Expenses 2017: $16,055Net Income 2017: $1,6452017Revenue 2018: $37,325Expenses 2018: $41,015Net Income 2018: -$3,6902018Revenue 2021: $63,026Expenses 2021: $47,115Net Income 2021: $15,9112021Revenue 2022: $140,065Expenses 2022: $59,684Net Income 2022: $80,3812022Revenue 2023: $221,807Expenses 2023: $116,850Net Income 2023: $104,9572023Revenue 2024: $140,477Expenses 2024: $199,521Net Income 2024: -$59,0442024

Highlighted filing

2024

Revenue$140,477
Expenses$199,521
Net Income-$59,044

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$140,477
Mission and Program Overview

Mission

To help stimulate growth and economic development

FMEP exists to improve the economic and social well-being of Fort Mill by building local wealth, diversifying the local economy, attracting and retaining quality jobs, identifying business-friendly resources, and advancing quality-of-life opportunities to ensure a thriving community for both life and work.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$216,199$157,155▼ $59,044
Savings and Temporary Cash Investments$125,000$132,372▲ $7,372
Cash and Non-Interest-Bearing Accounts$63,949$14,513▼ $49,436
Pledges and Grants Receivable$27,250$13,500▼ $13,750
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$216,199$160,385▼ $55,814
Liabilities
Accounts Payable and Accrued Expenses-$2,500-
Other Liabilities$0$730▲ $730
Total Liabilities$0$3,230▲ $3,230
Net Assets / Fund Balance
Total Net Assets Fund Balance$216,199$157,155▼ $59,044
Total Liabilities and Net Assets / Fund Balance$216,199$160,385▼ $55,814
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mariah PriceExecutive DirectorPT$45,000$45,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$78,318
Program Service Revenue
$55,787
Investment Income
$6,372
Other Revenue
$0
All Other Contributions
$54,500
Change in Net Assets
$-59,044
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,728
Salaries, Compensation, and Employee Benefits$50,793
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$131,930--$131,930
Other Salaries and Wages-$47,183-$47,183
Occupancy-$10,439-$10,439
Payroll Taxes-$3,610-$3,610
Conferences and Meetings-$2,554-$2,554
Fees for Services Accounting-$2,320-$2,320
Insurance-$1,356-$1,356
Other Expenses-$52-$52
Total Functional Expenses$131,930$67,591$0$199,521
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card$730
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 was provided to Vice Chair before filing form 990 with the IRS and SC Secretary of State.

Form 990, Part VI, Section C, line 18

Available on IRS website, SC Secreatry of State website, and Upon Request.

Form 990, Part VI, Section C, line 19

Upon Request

Filing and Contact Details

Filer

Filer Name
Fort Mill Economic Partners
EIN
65-1251088
Phone
8032652627
Address
219 Main St Ste 202, Fort Mill, SC 29715

Signing Officer

Name
Adam Ackerman
Title
Vice Chair
Phone
8033247102
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Ackerman
Formed
2005
Legal Domicile
Sc
Voting Board Members
20
Independent Board Members
20
Employees
2
Volunteers
0

Preparer

Firm
BNA CPAs & Advisors
Address
596 Herrons Ferry Rd 5th Floor, Rock Hill, SC 29730
Preparer
Bernard N Ackerman CPA
Phone
8033668371
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 2

Art Murals to help help spread awareness for clean waterways to the community

Form 990, Part IX, line 11G

Art Mural: Program service expenses 5,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,250. Strawberry Sprint & Stroll - Advertising, Supplies, Band, Tshirts, etc: Program service expenses 46,576. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,576. Website Redesign: Program service expenses 80,104. Management and general expenses 0. Fundraising expenses 0. Total expenses 80,104.

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IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Postage
IRS990/OtherExpensesGrp/Desc1Dues
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt077
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt152
IRS990/OtherExpensesGrp/TotalAmt077
IRS990/OtherExpensesGrp/TotalAmt152
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0730
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt047183
IRS990/OtherSalariesAndWagesGrp/TotalAmt047183
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03610
IRS990/PayrollTaxesGrp/TotalAmt03610
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt027250
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt013500
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Adam Ackerman
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0Strawberry Sprint & St
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt055787
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt055787
IRS990/ProgSrvcAccomActy2Grp/Desc0Redeisgned Fort Mill Economic Partners community website providing resources to the Town of Fort Mill to strengthen relationships and provide guidance and tools necessary to help build new businesses and nuture existing one.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt080104
IRS990/ProgSrvcAccomActy3Grp/Desc0Stormwater Mural Project: A large scale piece of public art in Kingsley Town Center, aimed at raising awareness about water pollution and the importance of keeping waterways clean.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05250
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0182200
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt079167
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt039607
IRS990/PYRevenuesLessExpensesAmt0104957
IRS990/PYSalariesCompEmpBnftPaidAmt037683
IRS990/PYTotalExpensesAmt0116850
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0221807
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-59044
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt055787
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0216199
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0157155
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0125000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0132372
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt098258
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0197600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0124248
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt062251
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0482357
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt035847
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt024207
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt015817
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt09443
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt085314
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0567671
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0134105
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0221807
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0140065
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt071694
IRS990ScheduleA/Total509Grp/TotalAmt0567671
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0134105
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0221807
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0140065
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt071694
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0567671
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0730
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Card
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0730
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Art Murals to help help spread awareness for clean waterways to the community
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 was provided to Vice Chair before filing form 990 with the IRS and SC Secretary of State.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Available on IRS website, SC Secreatry of State website, and Upon Request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon Request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Art Mural: Program service expenses 5,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,250. Strawberry Sprint & Stroll - Advertising, Supplies, Band, Tshirts, etc: Program service expenses 46,576. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,576. Website Redesign: Program service expenses 80,104. Management and general expenses 0. Fundraising expenses 0. Total expenses 80,104.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0216199
IRS990/TotalAssetsEOYAmt0160385
IRS990/TotalAssetsGrp/BOYAmt0216199
IRS990/TotalAssetsGrp/EOYAmt0160385

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