Good Friends Of The Lowcountry
- Assets
- $113.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charleston, SC
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-3973971
Organization Overview
Good Friends Of The Lowcountry is located in Charleston, SC. The organization was established in 2016. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Friends Of The Lowcountry 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, Good Friends Of The Lowcountry generated $132.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $165.0k during the year ending 12/2021. 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
TO PROVIDE EMERGENCY ASSISTANCE TO LOW INCOME INDIVIDUALS AND FAMILIES IN THE LOWCOUNTRY OF SOUTH CAROLINA VIA REFERRALS FROM LOCAL CHARITIES. ELIGIBILITY IS DETERMINED BY IMPARTIAL GUIDELINES AND A REFERRAL SYSTEM. 218 INDIVIDUALS WERE SERVED DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Phillips Director | 15 | $0 | |
Claire Loehr Director | 1 | $0 | |
Lindsay Marko Director | 1 | $0 | |
Way Way Allen Director | 1 | $0 | |
Teeny Morrison Director | 1 | $0 | |
Janet Gregg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,569 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,438 |
| Other Revenue | $0 |
| Total Revenue | $132,134 |
| 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 | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7,074 |
| Other expenses | $7,162 |
| Total expenses | $164,985 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,402 |
| Other assets | $0 |
| Total assets | $113,402 |
| Total liabilities | $0 |
| Net assets or fund balances | $113,402 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Good Friends Of The Lowcountry has recieved totaling $46,000.
| Awarding Organization | Amount |
|---|---|
Nelson Family Foundation Wilson, WY PURPOSE: GENERAL SUPPORT | $10,000 |
Guffey Family Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $10,000 |
Elhapa Foundation Inc Lexington, KY PURPOSE: TO SUPPORT GENERAL OPERATIONS | $10,000 |
Small Change Foundation Newberry, SC PURPOSE: CHARITABLE | $5,000 |
Twinkling Eyes Foundation Mount Pleasant, SC PURPOSE: GENERAL PURPOSE | $3,500 |
Philip P And Sandra T Vineyardfoundation Charleston, SC PURPOSE: UNRESTRICTED | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
The Savannah Community Foundation Inc Savannah, GA | $54,173,792 | $9,998,384 |
The Giving Kitchen Initiative Inc Atlanta, GA | $5,202,127 | $3,829,430 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Frances P Bunnelle Foundation Pawleys Island, SC | $50,346,506 | $4,044,110 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Speedway Childrens Charities Concord, NC | $415,792 | $1,752,353 |
Carlson Family Foundation Inc Chapel Hill, NC | $18,562,081 | $1,116,272 |
Driven Brands Charitable Foundation Charlotte, NC | $405,466 | $1,435,404 |
Little Kings And Queens Inc Buford, GA | $180,816 | $1,313,209 |
Dabos All In Team Clemson, SC | $184,953 | $1,368,395 |