Ladies Enriching The Community is located in Charleston, SC. The organization was established in 2001. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ladies Enriching The Community 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, Ladies Enriching The Community generated $69.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $45.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE, ECON, CULTURAL, EMPOWER
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE, ECON, CULTURAL, EMPOWER
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sharon D Wigfall Chairman | OfficerTrustee | 30 | $0 |
Lisa King Financial Secre | OfficerTrustee | 15 | $0 |
Jaquay Washington Secretary | OfficerTrustee | 25 | $0 |
Jeana Judge Treasurer | OfficerTrustee | 15 | $0 |
Dianne Tindal Sutton Trustee | Trustee | 15 | $0 |
Cheryl Brown Trustee | Trustee | 25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $78,908 |
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 | $78,908 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$10,185 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $465 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $69,188 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,307 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,086 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $29,109 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $214 |
Insurance | $135 |
All other expenses | $49 |
Total functional expenses | $45,275 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,644 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $521,109 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $535,753 |
Accounts payable and accrued expenses | $573 |
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 | $203,573 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $204,146 |
Net assets without donor restrictions | $323,572 |
Net assets with donor restrictions | $8,035 |
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 | $0 |
Total liabilities and net assets/fund balances | $535,753 |
Over the last fiscal year, we have identified 1 grants that Ladies Enriching The Community has recieved totaling $206.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $206 |
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Horizons Atlanta Inc Atlanta, GA | $3,035,876 | $3,541,460 |
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Camp Kudzu Inc Atlanta, GA | $2,213,204 | $2,347,555 |
Childrens Cancer Partners Of The Carolinas Inc Spartanburg, SC | $2,472,941 | $2,689,678 |
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