Yescarolina
- Assets
- $257.3k
- Revenue
- $165.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Charleston, SC
- Founding
- 04/2006
- Data as of
- 12/2020
- EIN
- 20-3562766
Organization Overview
Yescarolina is located in Charleston, SC. The organization was established in 2006. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 12/2020, Yescarolina employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yescarolina 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 12/2020, Yescarolina generated $165.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $278.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SCHOLARSHIPS FOR TEACHERS TEACHING ENTRPRENEURIAL CLASSES IN SECONDARY SCHOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
YESCAROLINA IS A NON-PROFIT ORGANIZATION THAT PROMOTES ENTREPRENEURIAL EDUCATION AT MIDDLE AND HIGH SCHOOL LEVELS ACROSS SOUTH CAROLINA. YESCAROLINA TRAINS PUBLIC SCHOOL TEACHERS, FREE OF CHARGE, IN AN ENTREPRENEURIAL CURRICULUM SO THEY MAY EDUCATE THEIR STUDENTS ON STARTING AND RUNNING THEIR OWN BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Bradshaw Executive Director | OfficerTrustee | 40 | $85,000 |
Eva Rutiri Director | Trustee | 20 | $41,746 |
Austin Stone Board Chairman | OfficerTrustee | 40 | $0 |
Paul Heinauer Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Angeline Brown Leonard Director | Trustee | 8 | $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 | $24,070 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,070 |
| Total Program Service Revenue | $45,828 |
| Investment income | $55 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $95,469 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $165,422 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $140,457 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,688 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,474 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,044 |
| Office expenses | $8,438 |
| Information technology | $2,719 |
| Royalties | $0 |
| Occupancy | $35,793 |
| Travel | $324 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,047 |
| All other expenses | $1,727 |
| Total functional expenses | $278,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,253 |
| Savings and temporary cash investments | $88,180 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,535 |
| Net Land, buildings, and equipment | $3,551 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $257,269 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $39,335 |
| Total liabilities | $39,335 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $217,934 |
| Total liabilities and net assets/fund balances | $257,269 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Yescarolina has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Foundation Inc Raleigh, NC | $52,338,286 | $27,866,306 |
Challenge Foundation Properties Inc Forest City, NC | $29,091,994 | $2,761,233 |
Union Square Campus Inc Greensboro, NC | $23,257,665 | $2,077,475 |
Georgia Leadership Institute For School Improvement Inc Duluth, GA | $3,684,980 | $2,207,807 |
The Circe Institute Inc Concord, NC | $692,773 | $1,911,107 |
Career And Technical Education Consortium Of States Inc Decatur, GA | $4,025,565 | $2,047,533 |
North Carolina Alliance For School Leadership Development Raleigh, NC | $4,895,211 | $1,242,714 |
Georgia Education Technology Consortium Inc Greensboro, GA | $728,570 | $724,233 |
South Carolina Afterschool Alliance Columbia, SC | $66,482 | $132,283 |
She Built This City Charlotte, NC | $428,095 | $502,185 |
Charter System Foundation Inc Woodstock, GA | $656,094 | $431,797 |
Yescarolina Charleston, SC | $257,269 | $165,422 |