Palmetto Works Community Development Corporation
- Assets
- $30.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Conway, SC
- Founding
- 12/2013
- Data as of
- 12/2021
- EIN
- 26-4805210
Organization Overview
Palmetto Works Community Development Corporation is located in Conway, SC. The organization was established in 2013. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palmetto Works Community Development Corporation 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 12/2021, Palmetto Works Community Development Corporation generated $90.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $71.5k during the year ending 12/2021. While expenses have increased by 15.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUMMER CAMP AND AFTER SCHOOL ACTIVITIES FOR CHILDREN, WITH PARENTAL VOLUNTEERS, TO HELP MAINTAIN ACADEMIC GAINS IN A SAFE ENVIRONMENT FOR THE OVERALL BENEFIT TO THEIR FAMILIES. IT INCLUDED MEALS, READING PROGRAMS,FIELD TRIPS, AND MUSIC LESSONS. ALSO PROVIDING FOOD & NUTRITIONAL INFORMATION TO COMBAT HIGH RISK HEALTH ISSUES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,228 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,221 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,965 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $13,373 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,192 |
| Total expenses | $71,530 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,857 |
| Other assets | $0 |
| Total assets | $30,857 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,857 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Palmetto Works Community Development Corporation has recieved totaling $38,534.
| Awarding Organization | Amount |
|---|---|
South Carolina Community Loan Fund Charleston, SC PURPOSE: FORGIVABLE LOAN | $30,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $8,534 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blueprint North Carolina Raleigh, NC | $4,476,634 | $4,156,783 |
Georgia Rural Water Association Incorporated Barnesville, GA | $3,435,226 | $4,117,604 |
North Carolina Rural Water Association Inc Welcome, NC | $3,212,310 | $3,286,739 |
New Town Macon Inc Macon, GA | $28,447,383 | $5,896,499 |
Action Greensboro Greensboro, NC | $6,492,627 | $1,414,644 |
Pinnacle Community Developmentcorporation Durham, NC | $331,555 | $1,232,408 |
Communities In Partnership Durham, NC | $1,270,925 | $921,005 |
Community Improvement Coalition Forsyth, GA | $29,591 | $679,133 |
Cole Street Development Corporation Marietta, GA | $9,957,009 | $1,354,911 |
Sc Uplift Community Outreach Columbia, SC | $541,332 | $354,760 |
Charleston Area Justice Ministry North Charleston, SC | $381,312 | $595,481 |
National Rural Letter Carriers Association Wagener, SC | $551,430 | $320,930 |