Ec Foundation Inc
- Assets
- $91.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Due West, SC
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 27-2252753
Organization Overview
Ec Foundation Inc is located in Due West, SC. The organization was established in 2010. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Ec 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 12/2021, Ec Foundation Inc generated $12.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $4.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.1%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
ACTIVITIES OR SUPPORT IN FURTHERANCE OF OR COMPLEMENTARY TO THE EDUCATIONAL ACTIVITIES OR MISSIONS OF HIGHER EDUCATION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William W F Lesesne President | 1 | $0 | |
Lee W Logan Treasurer | 2 | $0 | |
Sarah W Brice Board Member | 0 | $0 | |
Dr Bob Cunningham Board Member | 0 | $0 | |
Dr Joab M Lesesne Jr Board Member | 0 | $0 | |
Dr James W Gettys Jr Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,235 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,163 |
| Gain or Loss | $4,447 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,845 |
| 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 | $1,944 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,891 |
| Total expenses | $4,835 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,730 |
| Other assets | $0 |
| Total assets | $91,730 |
| Total liabilities | $0 |
| Net assets or fund balances | $91,730 |
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|---|---|---|
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Scago Educational Facilities Corporation For Pickens School Dis Easley, SC | $211,994,412 | $9,218,813 |
Unc-G Excellence Foundation Greensboro, NC | $187,420,574 | $12,267,071 |
Georgia Gwinnett College Foundationinc Lawrenceville, GA | $177,329,540 | $11,526,847 |
Augusta University Foundation Inc Augusta, GA | $77,382,154 | $9,045,973 |
University Of North Carolina At Asheville Foundation Inc Asheville, NC | $61,754,429 | $7,423,002 |
Securing Assets For Education Moncks Corner, SC | $221,693,651 | $7,774,514 |
University Of Nc Chapel Hill Public Health Foundation Inc Chapel Hill, NC | $90,036,010 | $7,200,987 |
Classroom Central Inc Charlotte, NC | $14,278,709 | $10,548,654 |
Greenville Tech Foundation Inc Greenville, SC | $48,319,535 | $8,773,055 |
Georgia College & State University Foundation Inc Milledgeville, GA | $66,057,685 | $10,177,448 |