Civic Intelligence

Sc Thrive

990 • Fiscal year 2018 • EIN 90-1011409

Jan 01, 2018 to Dec 31, 2018 • Filed on May 10, 2019

2211 Alpine Road ExtColumbia, SC 29223

(800) 726-8774

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$3,110,086

Up $357,817 (+13%) from 2017

Net Assets

Up

$2,403,185

Up $401,228 (+20%) from 2017

Liabilities

Down

$706,901

Down $43,411 (-5.8%) from 2017

Revenue And Expenses

Revenue

Up

$4,355,571

Up $421,597 (+11%) from 2017

Expenses

Up

$3,949,810

Up $269,331 (+7.3%) from 2017

Net Income

Up

$405,761

Up $152,266 (+60%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2013: $100,000Liabilities 2013: $02013Assets 2014: $1,527,588Liabilities 2014: $246,754Net Assets 2014: $1,280,8342014Assets 2015: $1,849,169Liabilities 2015: $396,238Net Assets 2015: $1,452,9312015Assets 2016: $2,006,248Liabilities 2016: $257,786Net Assets 2016: $1,748,4622016Assets 2017: $2,752,269Liabilities 2017: $750,312Net Assets 2017: $2,001,9572017Assets 2018: $3,110,086Liabilities 2018: $706,901Net Assets 2018: $2,403,1852018Assets 2019: $3,772,520Liabilities 2019: $488,856Net Assets 2019: $3,283,6642019Assets 2020: $9,801,270Liabilities 2020: $4,187,090Net Assets 2020: $5,614,1802020Assets 2021: $8,513,392Liabilities 2021: $2,558,247Net Assets 2021: $5,955,1452021Assets 2022: $9,419,358Liabilities 2022: $2,667,466Net Assets 2022: $6,751,8922022Assets 2023: $9,121,249Liabilities 2023: $2,269,784Net Assets 2023: $6,851,4652023Assets 2024: $9,563,640Liabilities 2024: $2,440,081Net Assets 2024: $7,123,5592024

Highlighted filing

2018

Assets$3,110,086
Liabilities$706,901
Net Assets$2,403,185

Operations Trend

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

$15M$10M$5.0M$0Revenue 2013: $100,000Expenses 2013: $0Net Income 2013: $100,0002013Revenue 2014: $6,013,753Expenses 2014: $4,732,919Net Income 2014: $1,280,8342014Revenue 2015: $4,182,035Expenses 2015: $4,009,938Net Income 2015: $172,0972015Revenue 2016: $4,527,729Expenses 2016: $4,232,198Net Income 2016: $295,5312016Revenue 2017: $3,933,974Expenses 2017: $3,680,479Net Income 2017: $253,4952017Revenue 2018: $4,355,571Expenses 2018: $3,949,810Net Income 2018: $405,7612018Revenue 2019: $4,995,129Expenses 2019: $4,119,199Net Income 2019: $875,9302019Revenue 2020: $10,176,300Expenses 2020: $7,837,549Net Income 2020: $2,338,7512020Revenue 2021: $5,957,192Expenses 2021: $5,612,205Net Income 2021: $344,9872021Revenue 2022: $6,795,403Expenses 2022: $6,003,734Net Income 2022: $791,6692022Revenue 2023: $6,506,321Expenses 2023: $6,455,968Net Income 2023: $50,3532023Revenue 2024: $8,063,945Expenses 2024: $7,808,426Net Income 2024: $255,5192024

Highlighted filing

2018

Revenue$4,355,571
Expenses$3,949,810
Net Income$405,761
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 10, 2019
Return Version
2018v3.1
Gross Receipts
$5,945,502
Mission and Program Overview

Mission

The organization leads South Carolinians to stability by providing innovative and efficient access to quality of life resources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,611,796$2,235,170▲ $623,374
Pledges and Grants Receivable$752,402$541,815▼ $210,587
Accounts Receivable$41,300$116,715▲ $75,415
Savings and Temporary Cash Investments$250,000$101,552▼ $148,448
Land, Buildings, and Equipment, Net$89,950$67,598▼ $22,352
Prepaid Expenses and Deferred Charges-$40,415-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,752,269$3,110,086▲ $357,817
Other Assets Total$6,821$6,821→ $0
Liabilities
Deferred Revenue$428,929$507,798▲ $78,869
Accounts Payable and Accrued Expenses$321,383$199,103▼ $122,280
Total Liabilities$750,312$706,901▼ $43,411
Net Assets / Fund Balance
Unrestricted Net Assets$2,001,957$2,403,185▲ $401,228
Total Net Assets Fund Balance$2,001,957$2,403,185▲ $401,228
Total Liabilities and Net Assets / Fund Balance$2,752,269$3,110,086▲ $357,817

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$49,185$77,094$126,279
Other Land Buildings$11,917$25,849$37,766
Leasehold Improvements$6,496$4,796$11,292
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tricia RichardsonCEOFT$113,185$21,635$134,820
Allie BoykinCFOFT$81,700$13,058$94,758

Board Members and Trustees

NameTitle
Cathy EasleyBoard Member
David SplittgerberBoard Member
Lawrence FlynnBoard Member
Quincy Halliday IVBoard Member
R Cullen PittsBoard Member
Susan WitkowskiBoard Member
Tiffany FreemanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$4,086,432
Program Service Revenue
$250,686
Investment Income
$15,580
Other Revenue
$2,873
All Other Contributions
$2,812,163
Change in Net Assets
$405,761

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,351,286
Revenue Not Reported on Financial Statements
$4,285
Revenue Not Reported on Form 990
$-248
Total Revenue per Audited Statements
$4,351,038
Total Revenue per Form 990
$4,355,571
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,499,296
Salaries, Compensation, and Employee Benefits$1,450,514
Total Fundraising Expense$21,667
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$822,314$91,820$9,814$923,948
Current Officers, Directors, Trustees, and Key Employees$204,325$23,532$1,721$229,578
Other Employee Benefits$151,007$16,967$1,697$169,671
All Other Expenses$140,307$12,340$1,221$153,868
Travel$117,206$13,169$1,317$131,692
Other Expenses$100,779$11,324$1,132$113,235
Occupancy$84,857$9,535$953$95,345
Payroll Taxes$76,392$8,584$858$85,834
Office Expenses$59,688$6,706$671$67,065
Advertising$41,451$4,657$466$46,574
Pension Plan Contributions$36,920$4,148$415$41,483
Depreciation Depletion-$34,730-$34,730
Total Functional Expenses$3,676,616$251,527$21,667$3,949,810

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,949,810
Total Expenses per Audited Statements$3,949,810
Total Expenses per Form 990$3,949,810
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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, Part VI, Line 11B: Form 990 Review Process

A copy of the return is sent by email to all directors accompanied by a request to submit comments or questions before the return is filed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board of directors has adopted an executive compensation policy and bases compensation on comparability surveys.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization honors the requirements of the laws governing requests for such documents from both members of the public and state/federal agencies.

Filing and Contact Details

Filer

Filer Name
SC Thrive
EIN
90-1011409
Phone
8007268774
Address
2211 Alpine Road Ext, Columbia, SC 29223

Signing Officer

Name
Tricia Richardson
Title
CEO
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tricia Richardson
Formed
2013
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
36
Volunteers
8

Preparer

Firm
The Hobbs Group PA
Address
1704 Laurel Street, Columbia, SC 29201
Preparer
Will Stevens CPA
Phone
8037990555
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 1C - Reportable Payments

The Organization had no reportable payments to a vendor nor did they provide reportable gaming, gambling, or winnings to a prize winner.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has received a determination letter from the Internal Revenue Service (IRS) indicating it is a tax-exempt Organization under Section 501(c) (3) of the Internal Revenue Code and is subject to federal income tax only on unrelated business income. Management is not aware of any transactions which would jeopardize their tax-exempt status. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Organization and to recognize a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be substantiated upon examination by the IRS. Management has analyzed the tax positions taken by the Organization and has concluded that as of December 31, 2018 there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. U.S. state jurisdictions have statutes of limitations that generally range from three to five years. Currently no audits for any tax periods are in progress.

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