Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
EIN 92-1259404 • 501(c)3 • Bluffton, SC
Profile
Organization assists low income families through community education, food distribution, child care, after school programs and cultural exposure.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
100th percentile
Higher net margin than 100% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
29th percentile
Faster asset growth than 29% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Down$5,545,335
Down $78,486 (-1.4%) from 2023
Liabilities
Flat$4,020,000
Flat from 2023
Net Assets
Down$1,525,335
Down $78,486 (-4.9%) from 2023
Revenue
Down-$70,559
Down $1,857,038 (-104%) from 2023
Expenses
Down$7,927
Down $174,831 (-96%) from 2023
Net Income
Down-$78,486
Down $1,682,207 (-105%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Facts available. Structured filing facts are available, but richer extracted sections are limited. | $5.55 | $4.02 | $1.53 | $0.07 | $0.01 | $0.08 |
| 2023Detailed filing. Detailed filing data is available for this year. | $5.62 | $4.02 | $1.60 | $1.79 | $0.18 | $1.60 |
Organization assists low income families through community education, food distribution, child care, after school programs and cultural exposure.
Organization assists low income families through community education, food distribution, child care, after school programs, and cultural exposure.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $5,613,550 | $5,530,786 | ▼ $82,764 |
| Rtn Earn Endowment Incm Other Fnds | $1,603,821 | $1,525,335 | ▼ $78,486 |
| Cash and Non-Interest-Bearing Accounts | $4,770 | $14,549 | ▲ $9,779 |
| Prepaid Expenses and Deferred Charges | $5,501 | - | - |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $5,623,821 | $5,545,335 | ▼ $78,486 |
| Liabilities | |||
| Other Liabilities | $4,020,000 | $4,020,000 | → $0 |
| Total Liabilities | $4,020,000 | $4,020,000 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,603,821 | $1,525,335 | ▼ $78,486 |
| Total Liabilities and Net Assets / Fund Balance | $5,623,821 | $5,545,335 | ▼ $78,486 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,285,366 | $82,764 | $3,368,130 |
| Land | $2,245,420 | - | $2,245,420 |
| Name | Title |
|---|---|
| Fred Hamilton | President/director |
| Jon Black | Secretary/director |
| Frank Gadson | Treasurer/director |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $4,000 |
| Other Expenses | $3,927 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $4,000 | - | - | $4,000 |
| Fees for Services Accounting | - | $3,927 | - | $3,927 |
| Total Functional Expenses | $4,000 | $3,927 | $0 | $7,927 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Loan on Building | $4,020,000 |
“Board members review form 990.”
“UPON REQUEST”
“UPON REQUEST”
“Below-market loan in january 2023, the organization received a loan of $4,020,000 on a demand (non-interest-bearing) basis from an unrelated lender. The loan bears no stated interest and is payable on demand, under internal revenue code 7872, organization must compute imputed (forgone) interest using the short-term applicable federal rate (afr) published by the internal revenue service for each month the loan remains outstanding. Based on the afrs published for calendar year 2024, organization calculated the following forgone interest amount: $186,997. Organization has recognized the above amount as a contribution from the lender and the corresponding interest expense, in accordance with 7872. The board of directors reviewed and approved the terms of the loan and determined that the acceptance of this below-market financing furthers the organization's charitable purposes. Organization will continue to monitor the outstanding balance and applicable short-term afrs, and will compute imputed interest annually for as long as the loan remains outstanding.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | ORGANIZATION ASSISTS LOW INCOME FAMILIES THROUGH COMMUNITY EDUCATION, FOOD DISTRIBUTION, CHILD CARE, AFTER SCHOOL PROGRAMS, AND CULTURAL EXPOSURE. |
| IRS990/AllOtherContributionsAmt | 0 | 190997 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JON BLACK |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8433090676 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 83 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BLUFFTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29910 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 4770 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 14549 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 190997 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 4000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 3927 |
| IRS990/CYOtherRevenueAmt | 0 | -261556 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -78486 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 7927 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | -70559 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | ASSISTING LOW INCOME FAMILIES THROUGH COMMUNITY EDUCATION |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 4000 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3927 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3927 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 7.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 7.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 7.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | FRED HAMILTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JON BLACK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | FRANK GADSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT/DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY/DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER/DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2023 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantAmt | 0 | 4000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 4000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 4000 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 220138 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 29141 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 82764 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 5613550 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 5530786 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5613550 |
| IRS990/LegalDomicileStateCd | 0 | SC |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 290697 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | ORGANIZATION ASSISTS LOW INCOME FAMILIES THROUGH COMMUNITY EDUCATION, FOOD DISTRIBUTION, CHILD CARE, AFTER SCHOOL PROGRAMS, AND CULTURAL EXPOSURE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1603821 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1525335 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -261556 |
| IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt | 0 | -261556 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 4020000 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 4020000 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 5501 |
| IRS990/PrincipalOfficerNm | 0 | FRED HAMILTON |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1601310 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 889 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3300 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1603721 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 889 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1604610 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -78486 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -261556 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1603821 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1525335 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 190997 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1783179 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1974176 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 29141 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3300 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 32441 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 40132 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1934044 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 190997 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1783179 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1974176 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2006617 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 3285366 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 82764 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3368130 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 2245420 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 2245420 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 4020000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | LOAN ON BUILDING |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 5530786 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 4020000 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BOARD MEMBERS REVIEW FORM 990. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BELOW-MARKET LOAN IN JANUARY 2023, THE ORGANIZATION RECEIVED A LOAN OF $4,020,000 ON A DEMAND (NON-INTEREST-BEARING) BASIS FROM AN UNRELATED LENDER. THE LOAN BEARS NO STATED INTEREST AND IS PAYABLE ON DEMAND, UNDER INTERNAL REVENUE CODE 7872, ORGANIZATION MUST COMPUTE IMPUTED (FORGONE) INTEREST USING THE SHORT-TERM APPLICABLE FEDERAL RATE (AFR) PUBLISHED BY THE INTERNAL REVENUE SERVICE FOR EACH MONTH THE LOAN REMAINS OUTSTANDING. BASED ON THE AFRS PUBLISHED FOR CALENDAR YEAR 2024, ORGANIZATION CALCULATED THE FOLLOWING FORGONE INTEREST AMOUNT: $186,997. ORGANIZATION HAS RECOGNIZED THE ABOVE AMOUNT AS A CONTRIBUTION FROM THE LENDER AND THE CORRESPONDING INTEREST EXPENSE, IN ACCORDANCE WITH 7872. THE BOARD OF DIRECTORS REVIEWED AND APPROVED THE TERMS OF THE LOAN AND DETERMINED THAT THE ACCEPTANCE OF THIS BELOW-MARKET FINANCING FURTHERS THE ORGANIZATION'S CHARITABLE PURPOSES. ORGANIZATION WILL CONTINUE TO MONITOR THE OUTSTANDING BALANCE AND APPLICABLE SHORT-TERM AFRS, AND WILL COMPUTE IMPUTED INTEREST ANNUALLY FOR AS LONG AS THE LOAN REMAINS OUTSTANDING. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990 DISCLOSURE |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | SC |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 5623821 |
| IRS990/TotalAssetsEOYAmt | 0 | 5545335 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 5623821 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 5545335 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 190997 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 3927 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 4000 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 7927 |
| IRS990/TotalGrossUBIAmt | 0 | -261556 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 4020000 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 4020000 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 4020000 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 4020000 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1603821 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1525335 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 4000 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | -70559 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | -261556 |
| IRS990/TotalVolunteersCnt | 0 | 2 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 5623821 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 5545335 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 1 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 98 STATION LOOP |
| IRS990/USAddress/CityNm | 0 | BLUFFTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/USAddress/ZIPCd | 0 | 29910 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | FRED HAMILTON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8433090676 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HOLDING SEVEN COMMUNITY DEVELOPMENT CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HOLD |
| ReturnHeader/Filer/EIN | 0 | 921259404 |
| ReturnHeader/Filer/PhoneNum | 0 | 8433090676 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 83 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BLUFFTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29910 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 332043014 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CASSIDY ADVISORS AND ACCOUNTANTS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1 MATHEWS DR STE 114 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HILTON HEAD ISLAND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 29926 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8436892800 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHRISTINE E CASSIDY |
| ReturnHeader/ReturnTs | 0 | 2025-11-17T15:13:16-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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