Palmetto Foundation For Prevention And Recovery Inc is located in Chapin, SC. The organization was established in 2018. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palmetto Foundation For Prevention And Recovery 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 12/2021, Palmetto Foundation For Prevention And Recovery Inc generated $256.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.9% each year . All expenses for the organization totaled $128.5k during the year ending 12/2021. While expenses have increased by 19.0% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SAVE YOUTH FROM THE EFFECTS OF SUBSTANCE ABUSE BY INSPIRING AND EMPOWERING THEM TO MAKE CHOICES THAT WILL BENEFIT THEM THROUGHOUT THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SAVE YOUTH FROM THE EFFECTS OF SUBSTANCE ABUSE BY INSPIRING AND EMPOWERING THEM TO MAKE CHOICES THAT WILL BENEFIT THEM THROUGHOUT THEIR LIVES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dana Vann Executive Dir. | OfficerTrustee | 40 | $9,500 |
Bruce P Loveless President | OfficerTrustee | 20 | $0 |
Lee Macilwinen Vice President | OfficerTrustee | 1 | $0 |
Chris Leventis Treasurer | OfficerTrustee | 5 | $0 |
David Brock Board Member | Trustee | 1 | $0 |
John Sowards Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $97,371 |
All other contributions, gifts, grants, and similar amounts not included above | $33,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $130,871 |
Total Program Service Revenue | $125,510 |
Investment income | $1 |
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 | $256,382 |
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 | $9,500 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,000 |
Advertising and promotion | $3,977 |
Office expenses | $3,251 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $907 |
Travel | $974 |
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 | $300 |
All other expenses | $50 |
Total functional expenses | $128,518 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $103,823 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $30,000 |
Total assets | $133,823 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $133,823 |
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 | $0 |
Total liabilities and net assets/fund balances | $133,823 |
Over the last fiscal year, we have identified 1 grants that Palmetto Foundation For Prevention And Recovery Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Bignon Family Foundation Irmo, SC PURPOSE: PREVENTION AND INTERVENTION OF SUBSTANCE ABUSE AND ADDICTION | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Insight Human Services Inc Winstonsalem, NC | $9,756,667 | $18,706,531 |
Southlight Healthcare Raleigh, NC | $4,243,339 | $11,475,535 |
Pavillon International Mill Spring, NC | $12,165,534 | $12,002,986 |
Horry County Commission On Alcohol And Drug Abuse Conway, SC | $9,808,832 | $8,232,870 |
Freedom House Recovery Center Inc Chapel Hill, NC | $5,436,315 | $8,406,225 |
York County Council On Alcohol And Drug Abuse Inc Rock Hill, SC | $6,079,794 | $6,136,033 |
Healing Transitions Inc Raleigh, NC | $22,953,698 | $10,736,237 |
Florence County Commission On Alcohol And Drug Abuse Florence, SC | $6,167,918 | $5,394,838 |
Tricounty Commission On Alcohol And Drug Abuse Orangeburg, SC | $7,413,555 | $4,978,961 |
Hope Haven Inc Charlotte, NC | $6,086,941 | $4,423,960 |
Alcohol & Drug Services Of Guilford Inc High Point, NC | $3,516,191 | $3,847,467 |
The Council On Alcohol & Drugs Inc Atlanta, GA | $1,391,588 | $3,928,326 |