Sc Future Makers
- Assets
- $608.7k
- Revenue
- $405.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 02/2015
- Data as of
- 06/2022
- EIN
- 47-1959037
Organization Overview
Sc Future Makers is located in Columbia, SC. The organization was established in 2015. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. SC Future Makers 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 06/2022, SC Future Makers generated $405.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $494.5k during the year ending 06/2022. While expenses have increased by 9.3% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EXPOSE AND CONNECT THE NEXT GENERATION IN THE STATE OF SOUTH CAROLINA TO ALL OF THE OPPORTUNITIES IT HAS TO OFFER, CLOSE THE STEM SKILLS GAP, AND ULTIMATELY RETAIN TALENT FOR FUTURE ECONOMIC DEVELOPMENT AND REGIONAL PROSPERITY.
Describe the Organization's Program Activity:
IMPLEMENTED IN-SCHOOL ACTIVITIES FOR PARTICIPATING SCHOOLS.
CONTINUED DEVELOPMENT OF ONLINE PORTAL THAT ALLWOS SOUTH CAROLINA COMPANIES TO INPUT INFORMATION FOR MESSAGING TO STUDENTS ON THE TALLO PLATFORM.
CREATED CONNECT CAMPAIGNS BETWEEN BUSINESSES AND STUDENTS WITH PROFILES TO PROMOTE AWARENESS OF INTERSHIPS, APPRENTICESHIPS, AND EMPLOYMENT OPPORTUNITIES WITH SOUTH CAROLINA COMPANIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sidney Locke Chairman | Officer | 1 | $0 |
Robert Thomas Treasurer | Officer | 1 | $0 |
Sara Hazzard Board Member | Trustee | 1 | $0 |
Katie Gambrell Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,200 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,875 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,075 |
| Total Program Service Revenue | $250,000 |
| Investment income | $69 |
| 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 | $405,144 |
| 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 | $4,750 |
| 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 | $0 |
| Information technology | $2,400 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $840 |
| 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 | $2,352 |
| All other expenses | $6,333 |
| Total functional expenses | $494,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $182,271 |
| Savings and temporary cash investments | $250,069 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $126,000 |
| 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 | $50,358 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $608,698 |
| Accounts payable and accrued expenses | $106,428 |
| 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 | $50,000 |
| Total liabilities | $156,428 |
| 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 | $452,270 |
| Total liabilities and net assets/fund balances | $608,698 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sc Future Makers has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $7,500 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National College Advising Corps Inc Chapel Hill, NC | $20,327,206 | $21,685,877 |
Youth Educational Services Inc Tucker, GA | $1,618,316 | $5,042,597 |
Meridian Education Resource Group Inc Atlanta, GA | $7,961,644 | $4,980,107 |
Student U Durham, NC | $9,122,297 | $4,911,286 |
National Technical Honor Society Flat Rock, NC | $2,944,841 | $1,721,548 |
E-Polk Tryon, NC | $1,902,633 | $1,526,655 |
Middle Georgia State College Real Estate Foundation Inc Macon, GA | $39,301,200 | $4,417,348 |
Associated Colleges Of The South Inc Atlanta, GA | $5,730,607 | $2,469,203 |
Breakthrough Atlanta Inc Atlanta, GA | $5,041,029 | $1,180,350 |
College Options Foundation Inc Peachtree City, GA | $237,202 | $942,123 |
Leadership North Carolina Inc Raleigh, NC | $1,180,025 | $814,899 |
Duke Student Publishing Company Inc Durham, NC | $3,409,037 | $1,148,945 |