Spartanburg Academic Movement
- Assets
- $5.0m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Spartanburg, SC
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 45-2104341
Organization Overview
Spartanburg Academic Movement is located in Spartanburg, SC. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Spartanburg Academic Movement employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spartanburg Academic Movement 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, Spartanburg Academic Movement generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $3.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Spartanburg Academic Movement has awarded 34 individual grants totaling $2,457,116. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPARTANBURG ACADEMIC MOVEMENT IS AN "ALL-IN" PARTNERSHIP OF SCHOOLS AND COLLEGES, BUSINESSES, GOVERNMENTS, FOUNDATIONS, FAITH COMMUNITIES AND INDIVIDUALS ACROSS SPARTANBURG COUNTY IN PURSUIT OF HIGH LEVELS OF EDUCATIONAL ACHIEVEMENT. THE COLLECTIVE MISSION IS TO MEASURE ACADEMIC ACCOMPLISHMENT THAT MATTERS, CRADLE TO CAREER, SET ACHIEVEMENT TARGETS THAT ESCALATE ANNUALLY, ALIGN NETWORKS IN PURSUIT OF THESE TARGETS, AND REPORT PROGRESS WITH PERSISTENT REGULARITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HISTORY AND A DETAILED DESCRIPTION OF SAM'S PROGRAM ACCOMPLISHMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE: WWW.LEARNWITHSAM.ORG. THE SPARTANBURG ACADEMIC MOVEMENT (SAM) IS BOTH A NON-PROFIT ORGANIZATION AND A COLLABORATIVE IMPACT MOVEMENT TO IMPROVE THE ECONOMIC MOBILITY OF SPARTANBURG COUNTY RESIDENTS, ANCHORED IN ACADEMIC ACHEIVEMENT, CRADLE THROUGH CAREER. SAM WAS FORMED IN 2013, COMBINING THE WORK OF THE CHILDREN'S SERVICES ALLIANCE AND THE COLLEGE HUB TO CREATE THE CRADLE THROUGH CAREER PERSPECTIVE FOR COMMUNITY BUILDING AND ACTION. SAM WORKS TO ENSURE THAT CHILDREN AND YOUTH REACH ACADEMIC AND LIFE SUCCESS BY CONVENING PROGRAM AND SERVICE DELIVERY PARTNERS, ALIGNING RESOURCES, AND DRIVING EQUITY ACROSS ACHIEVEMENT INDICATORS. SAM SPECIFICALLY MONITORS ACADEMIC ACHIEVEMENT INDICATORS: KINDERGARTEN READINESS, THIRD GRADE READING, EIGHTH GRADE MATH, COLLEGE/CAREER-READY HIGH SCHOOL GRADUATION, POSTSECONDARY ENROLLMENT, AND POSTSECONDARY PERSISTENCE AND COMPLETION. SAM PUBLISHED COUNTYWIDE ACHIEVEMENT DATA, DISAGGREGATED BY RACE/ETHNICITY, GENDER AND SOCIO-ECONOMIC STATUS INDICATORS TO DRIVE EQUITY. TO DATE, SAM HAS BUILT COLLABORATIVE ACTION/COLLECTIVE IMPACT PARTNERSHIPS WITH WELL OVER 150 PROGRAM AND SERVICE PROVIDERS ACROSS THE MANY SECTORS IMPACTING CHILDREN, YOUTH, AND FAMILIES: ACADEMIC/SCHOOLS, HEALTHCARE, SOCIAL SERVICES AND SUPPORTS, GOVERNMENT AND HOUSING AGENCIES. WE ENGAGE THESE PARTNERS WITH ONE ANOTHER AND OUR DATA TO IMPLEMENT ACTION PLANS THAT RESPOND DIRECTLY TO THE NEEDS OF THE CHILDREN/FAMILIES/COMMUNITIES WE SERVE. WE USE THE STRIVETOGETHER (WWW.STRIVETOGETHER.ORG) IMPACT MODEL AND THEORY OF ACTION TO GUIDE THE PROCESS. SAM OFFERS TRAINING IN CONTINUOUS IMPROVEMENT PRACTICES THROUGH ITS WARDLAW INSTITUTE FOR CONTINUOUS IMPROVEMENT, PROVIDING PARTNERS A DATA-DRIVEN APPROACH FOR TRACKING IMPACT AND GUIDING FUTURE ACTION PLANNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Russell Booker Executive Di | Officer | 40 | $121,500 |
Dr Darryl Owings Vice-Chair | OfficerTrustee | $0 | |
Dr Ingo Angermeier Treasurer | OfficerTrustee | $0 | |
Craig Haydamack Board Chair | OfficerTrustee | $0 | |
Dr Kira Reaves Secretary | OfficerTrustee | $0 | |
Troy Hanna Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,009,855 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,159,855 |
| Total Program Service Revenue | $5,134 |
| Investment income | $825 |
| 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 | $3,165,814 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,465,116 |
| Grants and other assistance to domestic individuals. | $61,063 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,500 |
| Compensation of current officers, directors, key employees. | $12,150 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $264,089 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,952 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,199 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,076 |
| Fees for services: Other | $401,170 |
| Advertising and promotion | $13,053 |
| Office expenses | $1,091 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,058 |
| Travel | $4,744 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,582 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,899 |
| Insurance | $4,292 |
| All other expenses | $21,107 |
| Total functional expenses | $3,509,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,559 |
| Savings and temporary cash investments | $420,909 |
| Pledges and grants receivable | $208,115 |
| 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 | $38,042 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,276,442 |
| Total assets | $4,955,067 |
| Accounts payable and accrued expenses | $11,786 |
| Grants payable | $625,000 |
| 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 | $0 |
| Total liabilities | $636,786 |
| Net assets without donor restrictions | $1,083,935 |
| Net assets with donor restrictions | $3,234,346 |
| 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 | $4,955,067 |
Grants Awarded
Over the last fiscal year, Spartanburg Academic Movement has awarded $2,457,116 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHSIDE DEVELOPMENT PURPOSE: EDUCATION/FAMILY SUP | $400,000 |
SPARTANBURG FIRST STEPS PURPOSE: COVID RECOVERY | $300,000 |
NORTHSIDE DEVELOPMENT PURPOSE: EQUITABLE RECVOERY | $200,000 |
SPARTANBURG CTY BAPTIST ASSOC PURPOSE: COVID RECOVERY | $150,000 |
SPARTANBURG RACIAL EQUITY PURPOSE: COVID RECOVERY | $150,000 |
SPARTANBURG SCHOOL DIST 6 PURPOSE: COVID RECOVERY | $107,450 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Spartanburg Academic Movement has recieved totaling $519,000.
| Awarding Organization | Amount |
|---|---|
Strivetogether Inc Cincinnati, OH PURPOSE: Challenge Fund | $350,000 |
Spartanburg County Foundation Spartanburg, SC PURPOSE: GENERAL SUPPORT | $104,500 |
Mary Black Foundation Inc Spartanburg, SC PURPOSE: EARLY DEVELOPMENT INSTRUMENT CONTINUATION PROJECT | $55,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $8,500 |
Arkwright Foundation Spartanburg, SC PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
University Of North Georgia Foundation Inc Dahlonega, GA | $101,168,345 | $9,379,486 |
Cape Fear Tutoring Inc Wilmington, NC | $2,173,027 | $16,040,654 |
Southern Assoc Of Colleges And Schools Commission On Colleges Inc Decatur, GA | $21,107,199 | $13,477,936 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Edreports Org Inc Durham, NC | $5,799,627 | $6,182,160 |
Healthmpowers Inc Norcross, GA | $4,830,831 | $6,606,779 |
Association For The Advancement Of Education Inc Saxapahaw, NC | $14,393,237 | $5,390,894 |
Ready For School Ready For Life Greensboro, NC | $5,692,106 | $6,572,581 |
Burlingame Country Club Inc Sapphire, NC | $10,768,735 | $4,568,714 |
Spartanburg Academic Movement Spartanburg, SC | $4,955,067 | $3,165,814 |
Nc Counts Coalition Raleigh, NC | $475,354 | $3,427,386 |