Civic Intelligence

Franklin School Facilities Corporation

EIN 83-1053789 • 501(c)3 • Spartanburg, SC

Profile

To assist and support northside development corporation, a south carolina nonprofit corporation having received a determination of exemption from federal income taxation from the internal revenue service in accordance with section 501(c)(3) of the code ("ndc") in furtherance of its exempt purposes by inter alia, acquiring, developing, selling, donating, contributing, owning, operating, leasing, managing, or granting rights of access, use or possession, of real property and improvements thereon in the area of the city of spartanburg, south carolina (the "city") commonly referred to as "northside," including but not limited to, facilities used as early childhood educational facilities. Without limitation of the foregoing, the purposes of ndc to be supported by activities of the corporation include (i) purchasing or otherwise acquiring, (ii) selling or otherwise transferring, (iii) leasing, (iv) managing and/or developing or redeveloping real property and improvements thereon within the n

PO Box 3362Spartanburg, SC 29303
Siviq Scores

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

Liabilities / Assets

96th percentile

1.21x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

77.83x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

1st percentile

-295%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

21st percentile

-4.7%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

1.1%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$8,302,197

Down $405,326 (-4.7%) from 2023

Liabilities

Down

$10,024,558

Down $50,001 (-0.5%) from 2023

Net Assets

Down

-$1,722,361

Down $355,325 (-26%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Up

$128,806

Up $1,446 (+1.1%) from 2023

Expenses

Up

$509,133

Up $6,839 (+1.4%) from 2023

Net Income

Down

-$380,327

Down $5,393 (-1.4%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2019: $10,159,370Liabilities 2019: $10,000,000Net Assets 2019: $159,3702019Assets 2020: $9,794,005Liabilities 2020: $10,020,391Net Assets 2020: -$226,3862020Assets 2021: $9,442,648Liabilities 2021: $10,049,556Net Assets 2021: -$606,9082021Assets 2022: $9,064,757Liabilities 2022: $10,056,860Net Assets 2022: -$992,1032022Assets 2023: $8,707,523Liabilities 2023: $10,074,559Net Assets 2023: -$1,367,0362023Assets 2024: $8,302,197Liabilities 2024: $10,024,558Net Assets 2024: -$1,722,3612024

Highlighted filing

2024

Assets$8,302,197
Liabilities$10,024,558
Net Assets-$1,722,361
Open 2024 Filing

Operations Trend

Revenue Growth38th percentile

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

$1.0M$500K$0-$500KRevenue 2019: $442,660Expenses 2019: $283,290Net Income 2019: $159,3702019Revenue 2020: $102,621Expenses 2020: $488,377Net Income 2020: -$385,7562020Revenue 2021: $127,616Expenses 2021: $508,140Net Income 2021: -$380,5242021Revenue 2022: $126,036Expenses 2022: $511,227Net Income 2022: -$385,1912022Revenue 2023: $127,360Expenses 2023: $502,294Net Income 2023: -$374,9342023Revenue 2024: $128,806Expenses 2024: $509,133Net Income 2024: -$380,3272024

Highlighted filing

2024

Revenue$128,806
Expenses$509,133
Net Income-$380,327
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$8,302,197
Liabilities
$10,024,558
Net assets
-$1,722,361
Revenue
$128,806
Expenses
$509,133
Net income
-$380,327
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.30$10.0$1.72$0.13$0.51$0.38
2023Summary only. Only limited summary data is available for this year.$8.71$10.1$1.37$0.13$0.50$0.37
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.06$10.1$0.99$0.13$0.51$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.44$10.0$0.61$0.13$0.51$0.38
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.79$10.0$0.23$0.10$0.49$0.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$10.0$0.16$0.44$0.28$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 6, 2025
Return Version
2023v6.0
Gross Receipts
$128,806
Mission and Program Overview

Mission

To assist and support northside development corporation, a south carolina nonprofit corporation having received a determination of exemption from federal income taxation from the internal revenue service in accordance with section 501(c)(3) of the code ("ndc") in furtherance of its exempt purposes by inter alia, acquiring, developing, selling, donating, contributing, owning, operating, leasing, managing, or granting rights of access, use or possession, of real property and improvements thereon in the area of the city of spartanburg, south carolina (the "city") commonly referred to as "northside," including but not limited to, facilities used as early childhood educational facilities. Without limitation of the foregoing, the purposes of ndc to be supported by activities of the corporation include (i) purchasing or otherwise acquiring, (ii) selling or otherwise transferring, (iii) leasing, (iv) managing and/or developing or redeveloping real property and improvements thereon within the n

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,276,866$8,002,316▼ $274,550
Cash and Non-Interest-Bearing Accounts$129,564$108,690▼ $20,874
Intangible Assets$86,854$45,164▼ $41,690
Total Assets$8,707,523$8,302,197▼ $405,326
Other Assets Total$214,239$146,027▼ $68,212
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,000,000$10,000,000→ $0
Accounts Payable and Accrued Expenses$50,001--
Other Liabilities$24,558$24,558→ $0
Total Liabilities$10,074,559$10,024,558▼ $50,001
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,367,036$-1,722,361▼ $355,325
Total Net Assets Fund Balance$-1,367,036$-1,722,361▼ $355,325
Total Liabilities and Net Assets / Fund Balance$8,707,523$8,302,197▼ $405,326

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,533,448$1,041,564$7,575,012
Land$925,032-$925,032
Equipment$311,048$380,169$691,217
Other Land Buildings$232,788$88,299$321,087
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
William Barnet IiiChairman
Carey RothschildTrustee
Tammie Hoy HawkinsTrustee
Tim SchmitzTrustee
Ed MemmottSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$127,017
Investment Income
$1,789
Other Revenue
$0
Change in Net Assets
$-380,327

Audited Revenue Reconciliation

Revenue per Audited Statements
$128,806
Total Revenue per Audited Statements
$128,806
Total Revenue per Form 990
$128,806
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$484,133
Grants and Similar Amounts Paid$25,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$316,243--$316,243
Interest$123,320--$123,320
Fees for Services Other$24,500$7,524-$32,024
Grants to Domestic Orgs$25,000--$25,000
Other Expenses$7,500--$7,500
Insurance$5,046--$5,046
Total Functional Expenses$501,609$7,524$0$509,133

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$509,133
Total Expenses per Audited Statements$509,133
Total Expenses per Form 990$509,133
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Spartanburg County First StepsSpartanburg, SC501c3School Readiness$25,000
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
Due to Affiliate$20,391
Refundable Deposits$4,167
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
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

“The officers review the information return as considered necessary.”

Form 990, Page 6, Part VI, Line 19

“Available upon reasonable request at the organization's offices.”

Filing and Contact Details

Filer

Filer Name
Franklin School Facilities
EIN
83-1053789
Phone
8645980097
Address
PO BOX 3362, SPARTANBURG, SC 29303

Signing Officer

Name
William Barnet Iii
Title
Chairman
Phone
8645980097
Signed
2025-05-06

Organization Details

Principal Officer
William Barnet Iii
Formed
2018
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Elliott & Painter Llp
Address
390 E HENRY ST STE 203, SPARTANBURG, SC 29302
Preparer
Steven N Blanton CPA
Phone
8645831476
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To assist and support northside development corporation, a south carolina nonprofit corporation having received a determination of exemption from federal income taxation from the internal revenue service in accordance with section 501(c)(3) of the code ("ndc") in furtherance of its exempt purposes by inter alia, acquiring, developing, selling, donating, contributing, owning, operating, leasing, managing, or granting rights of access, use or possession, of real property and improvements thereon in the area of the city of spartanburg, south carolina (the "city") commonly referred to as "northside," including but not limited to, facilities used as early childhood educational facilities. Without limitation of the foregoing, the purposes of ndc to be supported by activities of the corporation include (i) purchasing or otherwise acquiring, (ii) selling or otherwise transferring, (iii) leasing, (iv) managing and/or developing or redeveloping real property and improvements thereon within the northside with intention of increasing economic development within the city, increasing property tax revenues of the city, or alleviating blight, dilapidation, obsolescence, decay or dangerous or unsafe conditions in the city.”

Form 990, Part XI, Line 9

“ROUNDING 2”

Raw XML Appendix396 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt050001
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ASSIST AND SUPPORT NORTHSIDE DEVELOPMENT CORPORATION, A SOUTH CAROLINA NONPROFIT CORPORATION HAVING RECEIVED A DETERMINATION OF EXEMPTION FROM FEDERAL INCOME TAXATION FROM THE INTERNAL REVENUE SERVICE IN ACCORDANCE WITH SECTION 501(C)(3) OF THE CODE ("NDC") IN FURTHERANCE OF ITS EXEMPT PURPOSES BY INTER ALIA, ACQUIRING, DEVELOPING, SELLING, DONATING, CONTRIBUTING, OWNING, OPERATING, LEASING, MANAGING, OR GRANTING RIGHTS OF ACCESS, USE OR POSSESSION, OF REAL PROPERTY AND IMPROVEMENTS THEREON IN THE AREA OF THE CITY OF SPARTANBURG, SOUTH CAROLINA (THE "CITY") COMMONLY REFERRED TO AS "NORTHSIDE," INCLUDING BUT NOT LIMITED TO, FACILITIES USED AS EARLY CHILDHOOD EDUCATIONAL FACILITIES. WITHOUT LIMITATION OF THE FOREGOING, THE PURPOSES OF NDC TO BE SUPPORTED BY ACTIVITIES OF THE CORPORATION INCLUDE (I) PURCHASING OR OTHERWISE ACQUIRING, (II) SELLING OR OTHERWISE TRANSFERRING, (III) LEASING, (IV) MANAGING AND/OR DEVELOPING OR REDEVELOPING REAL PROPERTY AND IMPROVEMENTS THEREON WITHIN THE N
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0CARMEISHA WHITE
IRS990/BooksInCareOfDetail/PhoneNum08645980097
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0501 HOWARD STREET
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0SUITE A
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPARTANBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029303
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0129564
IRS990/CashNonInterestBearingGrp/EOYAmt0108690
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt025000
IRS990/CYInvestmentIncomeAmt01789
IRS990/CYOtherExpensesAmt0484133
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0127017
IRS990/CYRevenuesLessExpensesAmt0-380327
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0509133
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0128806
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0316243
IRS990/DepreciationDepletionGrp/TotalAmt0316243
IRS990/Desc0AS A QUALIFIED LOW INCOME COMMUNITY BUSINESS, PURCHASED AND COMPLETED THE CONSTRUCTION OF THE FRANKLIN SCHOOL (THE "SCHOOL"), AN EARLY CHILDHOOD LEARNING FACILITY LOCATED IN THE NORTHSIDE OF THE CITY OF SPARTANBURG, SOUTH CAROLINA. LEASES THE COMPLETED BUILDING AND FURNITURE OF THE SCHOOL TO SPARTANBURG COUNTY FIRST STEPS TO SCHOOL READINESS WHO OPERATES THE SCHOOL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0501609
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt07524
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt024500
IRS990/FeesForServicesOtherGrp/TotalAmt032024
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0TAMMIE HOY HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM BARNET III
IRS990/Form990PartVIISectionAGrp/PersonNm2ED MEMMOTT
IRS990/Form990PartVIISectionAGrp/PersonNm3CAREY ROTHSCHILD
IRS990/Form990PartVIISectionAGrp/PersonNm4TIM SCHMITZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt025000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt025000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt025000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0128806
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt05046
IRS990/InsuranceGrp/TotalAmt05046
IRS990/IntangibleAssetsGrp/BOYAmt086854
IRS990/IntangibleAssetsGrp/EOYAmt045164
IRS990/InterestGrp/ProgramServicesAmt0123320
IRS990/InterestGrp/TotalAmt0123320
IRS990/InvestmentIncomeGrp/ExclusionAmt01789
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01789
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01510032
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08276866
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08002316
IRS990/LandBldgEquipCostOrOtherBssAmt09512348
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ASSIST AND SUPPORT NORTHSIDE DEVELOPMENT CORPORATION, A SOUTH CAROLINA NONPROFIT CORPORATION HAVING RECEIVED A DETERMINATION OF EXEMPTION FROM FEDERAL INCOME TAXATION FROM THE INTERNAL REVENUE SERVICE IN ACCORDANCE WITH SECTION 501(C)(3) OF THE CODE ("NDC") IN FURTHERANCE OF ITS EXEMPT PURPOSES BY INTER ALIA, ACQUIRING, DEVELOPING, SELLING, DONATING, CONTRIBUTING, OWNING, OPERATING, LEASING, MANAGING, OR GRANTING RIGHTS OF ACCESS, USE OR POSSESSION, OF REAL PROPERTY AND IMPROVEMENTS THEREON IN THE AREA OF THE CITY OF SPARTANBURG, SOUTH CAROLINA (THE "CITY") COMMONLY REFERRED TO AS "NORTHSIDE," INCLUDING BUT NOT LIMITED TO, FACILITIES USED AS EARLY CHILDHOOD EDUCATIONAL FACILITIES. WITHOUT LIMITATION OF THE FOREGOING, THE PURPOSES OF NDC TO BE SUPPORTED BY ACTIVITIES OF THE CORPORATION INCLUDE (I) PURCHASING OR OTHERWISE ACQUIRING, (II) SELLING OR OTHERWISE TRANSFERRING, (III) LEASING, (IV) MANAGING AND/OR DEVELOPING OR REDEVELOPING REAL PROPERTY AND IMPROVEMENTS THEREON WITHIN THE N
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010000000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010000000
IRS990/NetAssetsOrFundBalancesBOYAmt0-1367036
IRS990/NetAssetsOrFundBalancesEOYAmt0-1722361
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1367036
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1722361
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0214239
IRS990/OtherAssetsTotalGrp/EOYAmt0146027
IRS990/OtherChangesInNetAssetsAmt02
IRS990/OtherExpensesGrp/Desc0LOAN AND BANK FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt07500
IRS990/OtherExpensesGrp/TotalAmt07500
IRS990/OtherLiabilitiesGrp/BOYAmt024558
IRS990/OtherLiabilitiesGrp/EOYAmt024558
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0WILLIAM BARNET III
IRS990/PriorPeriodAdjustmentsAmt025000
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0127017
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0127017
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt025000
IRS990/PYInvestmentIncomeAmt0850
IRS990/PYOtherExpensesAmt0477294
IRS990/PYProgramServiceRevenueAmt0126510
IRS990/PYRevenuesLessExpensesAmt0-374934
IRS990/PYTotalExpensesAmt0502294
IRS990/PYTotalRevenueAmt0127360
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-380327
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0127017
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0300698663
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NORTHSIDE DEVELOPMENT CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt06533448
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01041564
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07575012
IRS990ScheduleD/EquipmentGrp/BookValueAmt0311048
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0380169
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0691217
IRS990ScheduleD/ExpensesSubtotalAmt0509133
IRS990ScheduleD/LandGrp/BookValueAmt0925032
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0925032
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0232788
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt088299
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0321087
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020391
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14167
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REFUNDABLE DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0128806
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08002316
IRS990ScheduleD/TotalExpensesPerForm990Amt0509133
IRS990ScheduleD/TotalLiabilityAmt024558
IRS990ScheduleD/TotalRevenuePerForm990Amt0128806
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0128806
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0509133
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOOL READINESS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SPARTANBURG COUNTY FIRST STEPS
IRS990ScheduleI/RecipientTable/RecipientEIN0571097869
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0900 SOUTH PINE ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0SUITE C
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SPARTANBURG
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd029307
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ASSIST AND SUPPORT NORTHSIDE DEVELOPMENT CORPORATION, A SOUTH CAROLINA NONPROFIT CORPORATION HAVING RECEIVED A DETERMINATION OF EXEMPTION FROM FEDERAL INCOME TAXATION FROM THE INTERNAL REVENUE SERVICE IN ACCORDANCE WITH SECTION 501(C)(3) OF THE CODE ("NDC") IN FURTHERANCE OF ITS EXEMPT PURPOSES BY INTER ALIA, ACQUIRING, DEVELOPING, SELLING, DONATING, CONTRIBUTING, OWNING, OPERATING, LEASING, MANAGING, OR GRANTING RIGHTS OF ACCESS, USE OR POSSESSION, OF REAL PROPERTY AND IMPROVEMENTS THEREON IN THE AREA OF THE CITY OF SPARTANBURG, SOUTH CAROLINA (THE "CITY") COMMONLY REFERRED TO AS "NORTHSIDE," INCLUDING BUT NOT LIMITED TO, FACILITIES USED AS EARLY CHILDHOOD EDUCATIONAL FACILITIES. WITHOUT LIMITATION OF THE FOREGOING, THE PURPOSES OF NDC TO BE SUPPORTED BY ACTIVITIES OF THE CORPORATION INCLUDE (I) PURCHASING OR OTHERWISE ACQUIRING, (II) SELLING OR OTHERWISE TRANSFERRING, (III) LEASING, (IV) MANAGING AND/OR DEVELOPING OR REDEVELOPING REAL PROPERTY AND IMPROVEMENTS THEREON WITHIN THE NORTHSIDE WITH INTENTION OF INCREASING ECONOMIC DEVELOPMENT WITHIN THE CITY, INCREASING PROPERTY TAX REVENUES OF THE CITY, OR ALLEVIATING BLIGHT, DILAPIDATION, OBSOLESCENCE, DECAY OR DANGEROUS OR UNSAFE CONDITIONS IN THE CITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OFFICERS REVIEW THE INFORMATION RETURN AS CONSIDERED NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REASONABLE REQUEST AT THE ORGANIZATION'S OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NORTHSIDE DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0300698663
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0DEVELOPMEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0698 HOWARD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SPARTANBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd029303
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt010000000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt120391
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0TERMS OF NOTE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NORTHSIDE DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1NORTHSIDE DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1C
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08707523
IRS990/TotalAssetsEOYAmt08302197
IRS990/TotalAssetsGrp/BOYAmt08707523
IRS990/TotalAssetsGrp/EOYAmt08302197
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07524
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0501609
IRS990/TotalFunctionalExpensesGrp/TotalAmt0509133
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010074559
IRS990/TotalLiabilitiesEOYAmt010024558
IRS990/TotalLiabilitiesGrp/BOYAmt010074559
IRS990/TotalLiabilitiesGrp/EOYAmt010024558
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1367036
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1722361
IRS990/TotalProgramServiceExpensesAmt0501609
IRS990/TotalProgramServiceRevenueAmt0127017
IRS990/TotalRevenueGrp/ExclusionAmt0128806
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0128806
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08707523
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08302197
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0158 W MAIN ST
IRS990/USAddress/CityNm0SPARTANBURG
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029302
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM BARNET III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08645980097
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN SCHOOL FACILITIES
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0831053789
ReturnHeader/Filer/PhoneNum08645980097
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3362
ReturnHeader/Filer/USAddress/CityNm0SPARTANBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029303
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200758852
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELLIOTT & PAINTER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0390 E HENRY ST STE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPARTANBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029302
ReturnHeader/PreparerPersonGrp/PhoneNum08645831476
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN N BLANTON CPA
ReturnHeader/ReturnTs02025-05-15T12:12:16-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.