Sc School For The Deaf And The Blind Foundation Inc
- Assets
- $2.9m
- Revenue
- $569.2k
- Investments
- $1.2m
- Employees
- 0
- Location
- Spartanburg, SC
- Founding
- 01/1980
- Data as of
- 06/2022
- EIN
- 57-0693592
Organization Overview
Sc School For The Deaf And The Blind Foundation Inc is located in Spartanburg, SC. The organization was established in 1980. According to its NTEE Classification (B28) the organization is classified as: Special Education, 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 School For The Deaf And The Blind 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 06/2022, SC School For The Deaf And The Blind Foundation Inc generated $569.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $595.1k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SCSDB FOUNDATION IS TO SECURE FUNDS FOR THE SC SCHOOL FOR THE DEAF & THE BLIND
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FINANCIAL RESOURCES THAT HELP OFFSET THE COST OF THE PROGRAMS AND SERVICES PROVIDED TO THE STUDENTS AT THE SC SCHOOL FOR THE DEAF AND THE BLIND.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Hook Executive Director | OfficerTrustee | 40 | $109,000 |
James B Nittel Immediate Past Chair | OfficerTrustee | 0 | $0 |
Laura J Montgomery Chairwoman | OfficerTrustee | 0 | $0 |
Lori J Coon Vice Chairwoman | OfficerTrustee | 0 | $0 |
Andrew P Dobson CPA Treasurer | OfficerTrustee | 0 | $0 |
Tina Lyon Secretary | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $437,089 |
| Noncash contributions included in lines 1a–1f | $27,604 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $437,089 |
| Total Program Service Revenue | $0 |
| Investment income | $24,454 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $93,239 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $569,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $148,686 |
| 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. | $109,000 |
| Compensation of current officers, directors, key employees. | $21,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $135,634 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $76,281 |
| Payroll taxes | $18,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,452 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,630 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,531 |
| 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 | $2,171 |
| All other expenses | $64,265 |
| Total functional expenses | $595,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,504 |
| Savings and temporary cash investments | $1,089,827 |
| Pledges and grants receivable | $101,500 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,238,215 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,874,046 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $13,025 |
| 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 | $13,025 |
| Net assets without donor restrictions | $1,112,751 |
| Net assets with donor restrictions | $1,748,270 |
| 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 | $2,874,046 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Sc School For The Deaf And The Blind Foundation Inc has recieved totaling $214,131.
| Awarding Organization | Amount |
|---|---|
Spartanburg County Foundation Spartanburg, SC PURPOSE: GENERAL SUPPORT | $95,221 |
Timken Foundation Of Canton Canton, OH PURPOSE: LIGHTING THE FIRE | $55,000 |
Spartanburg County Foundation Spartanburg, SC PURPOSE: GENERAL SUPPORT | $20,000 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $10,000 |
Swearingen Foundation 12-05-96 Prairie Village, KS PURPOSE: CHARITABLE | $10,000 |
The Spartanburg Regional Healthcare System Foundation Spartanburg, SC PURPOSE: TO SUPPORT IMPROVED ACCESS TO CARE FOR RESIDENTIAL STUDENTS BY PROVIDING IMPORTANT MEDICAL EQUIPMENT FOR THOSE WITH MOBILITY ISSUES | $9,000 |
Endowment Analysis
| Beg. Balance | $1,447,969 |
| Earnings | -$144,878 |
| Admin Expense | $14,452 |
| Grants | $50,424 |
| Ending Balance | $1,238,215 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta International School Inc Atlanta, GA | $81,752,727 | $41,788,500 |
Atlanta Speech School Inc Atlanta, GA | $105,924,715 | $24,977,187 |
Life St Joseph Of The Pines Inc Fayetteville, NC | $16,318,020 | $24,172,182 |
The Howard School Inc Atlanta, GA | $46,587,964 | $14,630,236 |
Schenck School Inc Atlanta, GA | $49,204,547 | $13,089,821 |
Baconton Parents And Citizens For Better Education Inc Baconton, GA | $6,989,998 | $13,118,266 |
The Fletcher School Inc Charlotte, NC | $32,973,110 | $9,343,096 |
Mill Springs Academy Inc Alpharetta, GA | $16,639,612 | $7,597,542 |
Brookhaven Innovation Academy Norcross, GA | $15,037,187 | $6,615,354 |
Jacobs Ladder Neurodevelopmental Learning Center Inc Roswell, GA | $19,026,689 | $7,969,292 |
Liberty Tech Charter School Inc Brooks, GA | $5,341,334 | $5,035,134 |
Camperdown Academy Inc Greenville, SC | $11,409,687 | $5,638,160 |