Dorchester Free School Board Inc
- Assets
- $355.4k
- Revenue
- $62.3k
- Investments
- $328.0k
- Employees
- 0
- Location
- Summerville, SC
- Founding
- 03/1993
- Data as of
- 12/2022
- EIN
- 57-0966757
Organization Overview
Dorchester Free School Board Inc is located in Summerville, SC. The organization was established in 1993. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Dorchester Free School Board 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, Dorchester Free School Board Inc generated $62.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $16.0k during the year ending 12/2022. While expenses have increased by 12.1% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP AWARDS TO STUDENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen F Hutchinson President | 1 | $0 | |
Thomas R Dion Trustee | 1 | $0 | |
Mary B Beauchene Secretary/clerk | 1 | $0 | |
Deborah Boyle Engelman Trustee | 1 | $0 | |
Walter M Bailey Trustee | 1 | $0 | |
Grange S Cuthbert III Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $39,360 |
| Interest on Savings | $32 |
| Dividends & Interest | $13,059 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,883 |
| Capital Gain Net Income | $9,883 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,334 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $115 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,271 |
| Total operating and administrative expenses | $5,386 |
| Contributions, gifts, grants paid | $10,600 |
| Total expenses and disbursements | $15,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,481 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $355,434 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Dorchester Free School Board Inc has awarded $10,600 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CHELSEA SHOPE PURPOSE: GENERAL COLLEGE TUITION SCHOLARSHIP | $4,200 |
TAYLOR NEVILLE PURPOSE: GENERAL COLLEGE TUITION SCHOLARSHIP | $3,200 |
CARLEIGH COFFIN PURPOSE: GENERAL COLLEGE TUITION SCHOLARSHIP | $1,600 |
JOY BERNAL PURPOSE: GENERAL COLLEGE TUITION SCHOLARSHIP | $1,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frederica Academy Inc St Simons Island, GA | $20,227,220 | $10,623,621 |
Alliance Center For Education Inc Charlotte, NC | $4,798,728 | $11,149,397 |
Prince Avenue Christian School Bogart, GA | $12,500,832 | $11,587,333 |
Charlotte Lab School Inc Charlotte, NC | $2,473,798 | $9,342,978 |
Greater Raleigh Area Christian Education Inc Raleigh, NC | $20,214,486 | $9,849,969 |
Ron Clark Academy Inc Atlanta, GA | $28,353,989 | $8,906,158 |
Fletcher Academy Inc Fletcher, NC | $20,973,040 | $8,984,005 |
Hill Center Inc Durham, NC | $23,401,511 | $8,502,653 |
Maureen Joy Charter School Durham, NC | $9,632,332 | $9,079,253 |
Winston-Salem Academy Inc Winstonsalem, NC | $985,423 | $7,957,600 |
Trinity Academy Inc Raleigh, NC | $21,935,627 | $11,897,503 |
Healthy Start Education Inc Durham, NC | $7,657,794 | $8,072,027 |