Growth

Organization Overview

Growth is located in Summerville, SC. The organization was established in 2006. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Growth is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Growth generated $4.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $4.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ORGANIZED TO CONSTRUCT AND RENOVATE DORCHESTER COUNTY SCHOOL DISTRICT FACILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ARTICLES OF INCORPORATION AND BYLAWS PROVIDE THAT THE FUND HAS BEEN ORGANIZED EXCLUSIVELY TO (1) ACQUIRE, CONSTRUCT, FINANCE, PLEDGE, IMPROVE, MAINTAIN, OPERATE, MANAGE, LEASE AND DISPOSE OF SCHOOL BUILDINGS AND OTHER PUBLIC EDUCATION FACILITIES FOR THE USE AND BENEFIT OF THE DORCHESTER COUNTY SCHOOL DISTRICT TWO AND (2) ENCOURAGE AND PROMOTE THE PUBLIC EDUCATION THROUGH COOPERATIVE ARRANGEMENTS WITH GOVERNMENTAL ENTITIES AND ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE THAT PROVIDE PUBLIC EDUCATION IN DORCHESTER COUNTY, SOUTH CAROLINA.


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Board, Officers & Key Employees

Name (title)Compensation
Carolyn Howard
Chairman
$0
Fran Townsend
Vice Chairman
$0
Marion Inabinet
Secretary/treasurer
$0
Bo Blanton
Director
$0
Allyson Dukes
Board Member
$0
Harry Blake
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$4,895,390
Investment income $701
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,896,091

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Growth has recieved totaling $40,000.

Awarding OrganizationAmount
Heritage Classic Foundation

Hilton Head Island, SC

PURPOSE: GENERAL FUND

$40,000
View Grant Recipient Profile

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