Civic Intelligence

Stormwater

EIN 87-2728597 • 501(c)3 • Columbia, SC

NTEE A20

Profile

Advance the visual arts culture in SC

413 Pendleton StreetColumbia, SC 29201
Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Higher debt load relative to revenue than 62% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Source year 2024

Net Margin

64th percentile

17%

Higher net margin than 64% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

NTEE A20 • <$500k nonprofits • Source year 2024

Asset Growth

53rd percentile

4.2%

Faster asset growth than 53% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-76%

Faster revenue growth than 9% of similar nonprofits.

NTEE A20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$484,880

Up $19,528 (+4.2%) from 2023

Liabilities

Down

$153

Down $1,551 (-91%) from 2023

Net Assets

Up

$484,727

Up $21,079 (+4.5%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin64th percentile

Revenue

Down

$123,894

Down $401,171 (-76%) from 2023

Expenses

Up

$102,815

Up $12,216 (+13%) from 2023

Net Income

Down

$21,079

Down $413,387 (-95%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth53rd percentile

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

$600K$400K$200K$0Assets 2023: $465,352Liabilities 2023: $1,704Net Assets 2023: $463,6482023Assets 2024: $484,880Liabilities 2024: $153Net Assets 2024: $484,7272024

Highlighted filing

2024

Assets$484,880
Liabilities$153
Net Assets$484,727
Open 2024 Filing

Operations Trend

Revenue Growth9th percentile

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

$600K$400K$200K$0Revenue 2023: $525,065Expenses 2023: $90,599Net Income 2023: $434,4662023Revenue 2024: $123,894Expenses 2024: $102,815Net Income 2024: $21,0792024

Highlighted filing

2024

Revenue$123,894
Expenses$102,815
Net Income$21,079
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$484,880
Liabilities
$153
Net assets
$484,727
Revenue
$123,894
Expenses
$102,815
Net income
$21,079
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.85$0.00$4.85$1.24$1.03$0.21
2023Detailed filing. Detailed filing data is available for this year.$4.65$0.02$4.64$5.25$0.91$4.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 13, 2024
Return Version
2023v5.1
Gross Receipts
$123,894
Mission and Program Overview

Mission

Advance the visual arts culture in SC

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$465,352$484,880▲ $19,528
Pd in Cap Srpls Land Bldg Eqp Fund$463,648$463,648→ $0
Rtn Earn Endowment Incm Other Fnds-$21,079-
Total Assets$465,352$484,880▲ $19,528
Liabilities
Accounts Payable and Accrued Expenses$1,704$153▼ $1,551
Total Liabilities$1,704$153▼ $1,551
Net Assets / Fund Balance
Total Net Assets Fund Balance$463,648$484,727▲ $21,079
Total Liabilities and Net Assets / Fund Balance$465,352$484,880▲ $19,528
Compensation and Service Providers
Top Officer Pay80th percentile

Board Members and Trustees

NameTitle
Heidi Carr-HopeChair
Allison TerracioExecutive Coach
Clark EllefsonMember
Elaine DelkMember
Michel McNinchSecretary
Lee SnelgroveTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$54,549
Program Service Revenue
$66,913
Investment Income
$2,432
Other Revenue
$0
All Other Contributions
$17,752
Change in Net Assets
$21,079
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$102,815
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$40,977-$40,977
Occupancy-$35,469-$35,469
Other Expenses$18,322--$18,322
Advertising-$3,926-$3,926
Office Expenses-$2,183-$2,183
Information Technology-$1,738-$1,738
Fees for Services Accounting-$200-$200
Total Functional Expenses$18,322$84,493$0$102,815
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990 governing body review Part VI line 11

“The Form 990 will be submitted to the Treasurer for review and signature before it is e-filed. There is no investment income to review”

Governing documents etc available to public Part VI line 19

“Governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Stormwater
EIN
87-2728597
Address
413 Pendleton Street, Columbia, SC 29201

Signing Officer

Name
Lee Snelgrove
Title
Treasurer
Phone
8034228882
Signed
2024-09-13
Discuss with paid preparer
No

Organization Details

Formed
2022
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
JL Accounting
Address
6579 Smiley Avenue, Saint Louis, MO 63139
Preparer
June Laschober
Phone
3146471758
Supplemental Narrative

Additional Explanations

Amended return information

“Return amended to be Form 990. Originally filed as 990-T in error.”

List of other fees for services expenses Part IX line 11G

“Occupancy Expenses”

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