Terrence F Carraway Foundation is located in Darlington, SC. The organization was established in 2019. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terrence F Carraway Foundation 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 09/2022, Terrence F Carraway Foundation generated $61.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (29.0%) each year. All expenses for the organization totaled $26.2k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NEED-BASED SCHOLARSHIPS TO HONOR THE LIFE AND WORK OF SERGEANT TERRENCE CARRAWAY BY COMMITTING TO THE CONTINUATION OF TERRENCE'S WORK WITH THE YOUTH IN THE FLORENCE AND DARLINGTON AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Allison Carraway President | 4 | $0 | |
Terrence Rashad Carraway Vice President | 1 | $0 | |
Ngozi Onwuka Secretary-Treasurer | 1 | $0 | |
Allyson Carraway Administrative Officer | 1 | $0 | |
Daniel Blathers Public Relations Officer | 1 | $0 | |
Lamias Muldrow Chaplain | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $62,208 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $33 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$1,233 |
Other Revenue | $0 |
Total Revenue | $61,008 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,000 |
Occupancy, rent, utilities, and maintenance | $21,594 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $812 |
Total expenses | $26,206 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,715 |
Other assets | $0 |
Total assets | $268,163 |
Total liabilities | $90,350 |
Net assets or fund balances | $177,813 |