Ec Foundation Inc
- Assets
- $129.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Due West, SC
- Founding
- 08/2010
- Data as of
- 12/2022
- EIN
- 27-2252753
Organization Overview
Ec Foundation Inc is located in Due West, SC. The organization was established in 2010. 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. Ec Foundation Inc 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 12/2022, Ec Foundation Inc generated $39.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $27.2k during the year ending 12/2022. While expenses have increased by 11.6% 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
2022
Describe the Organization's Program Activity:
Part 3
ACTIVITIES OR SUPPORT IN FURTHERANCE OF OR COMPLEMENTARY TO THE EDUCATIONAL ACTIVITIES OR MISSIONS OF HIGHER EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William W F Lesesne President | 1 | $0 | |
Lee W Logan Treasurer | 2 | $0 | |
Sarah W Brice Board Member | 0 | $0 | |
Dr Bob Cunningham Board Member | 0 | $0 | |
Robert S Galloway III Board Member | 0 | $0 | |
Dr James W Gettys Jr Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,688 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,189 |
| Gain or Loss | $907 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,784 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,902 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,318 |
| Total expenses | $27,220 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,370 |
| Other assets | $0 |
| Total assets | $129,370 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,370 |