Lancaster County Partners For Youth Inc
- Assets
- $15.8m
- Revenue
- $2.1m
- Investments
- $3.7m
- Employees
- 0
- Location
- Lancaster, SC
- Founding
- 10/1996
- Data as of
- 12/2022
- EIN
- 57-0628085
Organization Overview
Lancaster County Partners For Youth Inc is located in Lancaster, SC. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Lancaster County Partners For Youth 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 12/2022, Lancaster County Partners For Youth Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $3.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lancaster County Partners For Youth Inc has awarded 168 individual grants totaling $3,684,476. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Novinger Executive Dir. | 40 | $73,959 | |
Tyson Blanton Vice Chair | 1 | $0 | |
Walt Collins Director | 1 | $0 | |
Gregg Gause Director | 1 | $0 | |
Elizabeth Hyatt Director | 1 | $0 | |
Mika Sinclair Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,150,109 |
| Interest on Savings | $0 |
| Dividends & Interest | $112,411 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$119,447 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,143,073 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $73,959 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,981 |
| Depreciation | $3,206 |
| Occupancy | $20,146 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,671,629 |
| Total operating and administrative expenses | $1,780,921 |
| Contributions, gifts, grants paid | $1,250,941 |
| Total expenses and disbursements | $3,031,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $699,061 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $10,885,371 |
| Grants receivable | $471,630 |
| 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 | $1,179 |
| Net Investments - land, buildings, equipment | $28,906 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,731,380 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,817,527 |
| Accounts payable and accrued expenses | $483,184 |
| 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 | $483,184 |
Grants Awarded
Over the last fiscal year, Lancaster County Partners For Youth Inc has awarded $1,250,941 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CLEMSON UNIVERSITY PURPOSE: LANCASTER COUNTY CLEMSON CLUB SCHOLARSHIPS, FUTURE TEACHER SCHOLARSHIPS, AND CRENSHAW BUSINESS/MARKETING SCHOLARSHIPS | $16,500 |
BROOKLYN SPRINGS ELEMENTARY SCHOOL PURPOSE: COMMUNITY GRANT FOR LEADER IN ME PROGRAM | $15,600 |
LANCASTER COUNTY SCHOOL DISTRICT PURPOSE: TEACHER CLASSROOM GRANTS, GRANT RELATED SERVICES | $839,682 |
ANDERSON UNIVERSITY PURPOSE: FUTURE TEACHER SCHOLARSHIP | $1,250 |
WINTHROP UNIVERSITY PURPOSE: FUTURE TEACHER SCHOLARSHIP | $1,250 |
COKER COLLEGE PURPOSE: FUTURE TEACHER SCHOLARSHIP | $1,250 |