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Carolina Children's Charity, Inc.
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|
| Also Known As: CCC |
6296 Rivers Ave., Suite 300
N. Charleston,
SC
29406
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GENERAL INFORMATION
Who We Are
Carolina Children's Charity purchases medically necessary/beneficial services for Lowcountry children with birth defects and/or diseases.
- This organization is a 501(c)(3)
Public Charity
.
- This organization is required to file an IRS Form 990 or 990-EZ.
- Financial information in this report is derived from the organization's September 30, 2008
Form 990.
- Additional narrative information in this report was last supplied by the organization on February 26, 2009.
- It makes its audited financial statements available to the public upon request.
- Contributions are deductible, as provided by law.
How to Help
This organization is seeking funds from contributions. These funds will be used for unrestricted operating expenses, special projects and endowments.
Location(s) Served
-
Lowcountry South Carolina (WCBD-NBC TV-2 viewing area)
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G20Birth Defects
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G12Fund Raising and/or Fund Distribution
| EIN: |
57-0878058 |
| Year Founded: |
1987 |
| Ruling Year: |
1989 |
| Fiscal Year: |
September 30, 2008
|
| Assets: |
$1,938,766 (from Sep 30, 2008 Form 990) |
| No. of Board Members: |
13 |
| No. of Full-Time Employees: |
1-5 |
| No. of Part-Time Employees: |
0 |
| No. of Volunteers: |
101-500 |
BOARD OF DIRECTORS
Name |
Title |
| Harry Matson |
|
| Prudence Finn |
|
| Thomas Contreras |
|
| Renee Contreras |
|
| Leah Ladue |
|
| Amy Hovatter Hardee |
|
| Sonya Beale |
|
| Jack Callahan |
|
| Wendy Puthuff |
|
| Angela Slade |
|
| Larry Schrecker |
|
| Jane Locke |
|
| Joe Jerome |
|
MISSION AND PROGRAMS
Mission
Carolina Children''s Charity was organized in 1987 to fight the effects of birth defects and disease for Lowcountry children.
Programs
Donations are used to cover the cost of medically necessary/beneficial services. We are one of the only remaining organizations in our area that provides direct patient aid to assist children with birth defects or disabling diseases. Funds are never paid directly to families, so we know exactly how granted funds are used. A limited number of grants are also made to organizations in our area who serve children with birth defects and diseases.
With no national or state affiliation, all of the money that is donated to Carolina Children's Charity stays in the Lowcountry to help Lowcountry children.
Additional Comments from the Organization
All of our recipients must be under the age of 18 and reside within the Lowcountry. In the past, we have provided assistance to cover the costs of special equipment, medications, medically necessary evaluation and testing, disease-specific summer camps and conferences and much more to families, schools, government agencies, and hospitals, just to name a few.
We raise funds with two major special events: the Telethon and the Strut. With the help of Lowcountry firefighters and many other groups who hold special events that benefit the Charity, we are able to provide assistance to thousands of special children.
Please call the Charity office or visit our website at www.carolinachildren.org for a grant application.
Although we do ask for financial information from our applicants, it is not the sole criteria on which we base our decisions. Even the most financially stable family can be devastated by the medical costs of a special needs child.
GOALS AND RESULTS
Accomplishments for Fiscal Year Ending September 30, 2005
- During our last fiscal year, we approved the most in new grants: $230,232 in 220 grants.
- With the assistance of WCBD-NBC TV-2 and the Tri-County Fire Chiefs Association, our 18th Annual Telethon raised $272,250 to support our grants to children with birth defects or disabling diseases.
- Instituted new signature fundraiser: SC's only 12K Run.
Objectives for Fiscal Year Beginning October 1, 2005
- Hire and train part-time Grants Technician.
- Develop PC center, giving parents access to picture and symbol software and laminating equipment
- Seek additional sources of funds to increase $$ to programs and reduce fundraising expenses.
Self Assessment
We track our grants and how they are distributed by county, category (i.e., equipment, medical care, education, etc.), age, amount, month.
FINANCIAL DATA
Revenues and Expenses: Fiscal Year Ending September 30, 2008
| REVENUE |
|
| Contributions |
$310,255 |
| Government Grants |
$0 |
| Program Services |
$0 |
| Investments |
$79,521 |
| Special Events |
$16,743 |
| Sales |
$0 |
| Other |
$0 |
| Total Revenue |
$406,519 |
| EXPENSES |
|
| Program Services |
$420,363 |
| Administration |
$66,885 |
| Other |
$45,745 |
| Total Expenses |
$532,993 |
| Net Gain/Loss |
($126,474) |
Balance Sheet: Fiscal Year Ending September 30, 2008
Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
| ASSETS |
October 1, 2007 |
September 30, 2008 |
Change |
| Cash & Equivalent |
$883,928 |
$453,321 |
($430,607) |
| Accounts Receivable |
$0 |
$0 |
$0 |
| Pledges & Grants Receivable |
$0 |
$0 |
$0 |
| Receivable / Other |
$0 |
$0 |
$0 |
| Inventories for Sale of Use |
$0 |
$0 |
$0 |
| Investment/Securities |
$1,481,246 |
$1,466,406 |
($14,840) |
| Investment/Other |
$0 |
$0 |
$0 |
| Fixed Assets |
$16,498 |
$19,039 |
$2,541 |
| Other |
$0 |
$0 |
$0 |
| Total Assets |
$2,381,672 |
$1,938,766 |
($442,906) |
| LIABILITIES |
October 1, 2007 |
September 30, 2008 |
Change |
| Accounts Payable |
$1,465 |
$0 |
($1,465) |
| Grants Payable |
$0 |
$0 |
$0 |
| Deferred Revenue |
$0 |
$0 |
$0 |
| Loans and Notes |
$0 |
$0 |
$0 |
| Tax-Exempt Bond Liabilities |
$0 |
$0 |
$0 |
| Other |
$0 |
$0 |
$0 |
| Total Liabilities |
$1,465 |
$0 |
($1,465) |
| FUND BALANCE |
$2,380,207 |
$1,938,766 |
($441,441) |
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