Hilton Head Students Incentive Fund
- Assets
- $25.4k
- Revenue
- $17.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Hilton Head Island, SC
- Founding
- 09/1988
- Data as of
- 12/2021
- EIN
- 57-0868552
Organization Overview
Hilton Head Students Incentive Fund is located in Hilton Head Island, SC. The organization was established in 1988. According to its NTEE Classification (G48) the organization is classified as: Brain Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hilton Head Students Incentive Fund 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, Hilton Head Students Incentive Fund generated $17.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (32.2%) each year. All expenses for the organization totaled $11.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING EDUCATIONAL SCHOLARSHIPS AND ASSISTANCE FOR HIGH SCHOOL GRADUATES.
PROVIDING EMERGENCY FAMILY ASSISTANCE FOR FOOD, HOUSING, AND OTHER BASIC MAINTENANCE SUPPORT FOR ELIGIBLE RECIPIENTS.
PROVIDE GRANTS TO MENTORING AND VARIOUS PROGRAMS THROUGH 501(C)(3) ORGANIZATIONS (1 ORGANIZATION ASSISTED).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary T Bezilla Director | 0.1 | $0 | |
Peter Keber III Director/vice-President | 0.1 | $0 | |
Robert J Arundell Director/president | 0.5 | $0 | |
Nancy J Voegele Director/secretary | 0.1 | $0 | |
Robin Banker Bergin Director/treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,000 |
| Interest on Savings | $19 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $47 |
| Total Revenue | $17,066 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $279 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5 |
| Total operating and administrative expenses | $284 |
| Contributions, gifts, grants paid | $11,349 |
| Total expenses and disbursements | $11,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,745 |
| Net Accounts receivable | $6,627 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25,372 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hilton Head Students Incentive Fund has awarded $11,349 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AIKEN DAVID L PURPOSE: LIVING, FAMILY AND JOB ASSISTANCE | $2,656 |
JORDAN SINGLETON PURPOSE: SCHOLARSHIP | $2,500 |
KELLY MEDINA PURPOSE: SCHOLARSHIP | $2,000 |
JOHNSON MARCUS PURPOSE: FAMILY AND LIVING ASSISTANCE | $1,134 |
CHISOLM KEVIN PURPOSE: MEDICAL/LIVING/CHILD CARE ASSISTANCE | $892 |
JULIAN MICHAEL PURPOSE: LIVING ASSISTANCE | $750 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hilton Head Students Incentive Fund has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Tnkv Foundation Hilton Head Island, SC PURPOSE: CHARITABLE DONATION TO 501(C)(3) | $5,000 |
Tnkv Foundation Hilton Head Island, SC PURPOSE: CHARITABLE DONATION TO 501(C)(3) | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brain Injury Association Of Nc Raleigh, NC | $239,353 | $749,544 |
Spastic Paraplegia Foundation Inc Fortson, GA | $2,650,188 | $1,153,340 |
Southeastern Brain Tumor Foundation Inc Atlanta, GA | $401,909 | $267,153 |
Dementia Spotlight Foundation Inc Atlanta, GA | $218,143 | $436,565 |
Nami Greenville Sc Greenville, SC | $378,376 | $293,685 |
Cure Ahc Foundation Rolesville, NC | $426,741 | $0 |
Brain Injury Association Of Georgia Cumming, GA | $159,572 | $0 |
New Hope Of Florence Inc Florence, SC | $257,740 | $0 |
The Yana Club Of Hilton Head Island Incorporated Hilton Head, SC | $298,899 | $0 |
Tourette Information Center & Support Of Georgia Inc Atlanta, GA | $63,571 | $0 |
Nami Mid-Carolina Columbia, SC | $160,002 | $0 |
Quest Academics Charlotte, NC | $152 | $0 |