GOLD2024

Eastern Carolina Community Foundation Inc.

For Good. Forever. For Everyone.

Florence, SC   |  https://www.easterncarolinacf.org
GuideStar Charity Check

Eastern Carolina Community Foundation Inc.

EIN: 20-4654550


Mission

Eastern Carolina Community Foundation improves the quality of life in our area of South Carolina through inspired philanthropy and innovative community programs.

Ruling year info

2006

Executive Director

Mrs. Belle Zeigler

Main address

PO Box 1615

Florence, SC 29503 USA

Show more contact info

EIN

20-4654550

Subject area info

Foundations

Community improvement

Population served info

Adults

NTEE code info

Community Foundations (T31)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Pee Dee Disaster Relief funding

Providing grants to nonprofits in the counties we serve for pandemic relief

Population(s) Served
Adults

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

Eastern Carolina Community Foundation Inc.
Fiscal year: Jan 01 - Dec 31
Financial documents
2022 Eastern Carolina Community Foundation
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

1.57

Average of 1.12 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

6.5

Average of 9.7 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

8%

Average of 8% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Eastern Carolina Community Foundation Inc.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Eastern Carolina Community Foundation Inc.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

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 survive long, but the types of assets and liabilities must also 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.

Fiscal year ending: cloud_download Download Data

Eastern Carolina Community Foundation Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Eastern Carolina Community Foundation Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$140,143 $761,579 $2,099,194 $675,210 -$980,898
As % of expenses -27.7% 159.6% 488.5% 84.5% -138.7%
Unrestricted surplus (deficit) after depreciation -$141,043 $761,421 $2,099,050 $674,544 -$981,564
As % of expenses -27.8% 159.5% 488.3% 84.3% -138.6%
Revenue composition info
Total revenue (unrestricted & restricted) $718,594 $662,861 $1,900,473 $1,240,315 $853,373
Total revenue, % change over prior year 57.8% -7.8% 186.7% -34.7% -31.2%
Program services revenue 0.0% 8.8% 0.0% 1.3% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 11.2% 13.7% 5.1% 4.8% 15.4%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 85.5% 76.0% 94.7% 70.3% 81.3%
Other revenue 3.3% 1.5% 0.3% 23.6% 3.2%
Expense composition info
Total expenses before depreciation $505,873 $477,128 $429,740 $799,060 $707,327
Total expenses, % change over prior year 20.8% -5.7% -9.9% 85.9% -11.5%
Personnel 17.0% 16.5% 12.3% 8.9% 12.9%
Professional fees 6.2% 7.1% 5.7% 3.8% 3.2%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.2% 0.2% 0.2% 0.1% 0.0%
Pass-through 68.8% 69.7% 74.8% 79.0% 73.9%
All other expenses 7.8% 6.5% 7.0% 8.2% 9.9%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $506,773 $477,286 $429,884 $799,726 $707,993
One month of savings $42,156 $39,761 $35,812 $66,588 $58,944
Debt principal payment $0 $0 $0 $31,999 $0
Fixed asset additions $0 $0 $4,662 $0 $0
Total full costs (estimated) $548,929 $517,047 $470,358 $898,313 $766,937

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 5.7 3.0 6.1 5.1 6.5
Months of cash and investments 207.8 255.8 371.7 265.8 285.5
Months of estimated liquid unrestricted net assets 85.6 110.0 180.6 107.3 104.5
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $241,576 $118,310 $216,765 $339,894 $381,713
Investments $8,518,883 $10,051,045 $13,093,833 $17,360,223 $16,447,644
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $6,791 $5,522 $10,184 $10,184 $10,184
Accumulated depreciation (as a % of LBE) 97.7% 100.0% 55.6% 62.2% 68.7%
Liabilities (as a % of assets) 58.8% 57.0% 51.4% 59.7% 63.5%
Unrestricted net assets $3,610,693 $4,372,114 $6,471,164 $7,145,708 $6,164,144
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $3,610,693 $4,372,114 $6,471,164 $7,145,708 $6,164,144

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Mrs. Belle Zeigler

Eastern Carolina Community Foundation improves the quality of life in our area of South Carolina through inspired philanthropy and innovative community programs. We serve Chesterfield, Darlington, Dillon, Florence, Marion, Marlboro, and Williamsburg counties.

Number of employees

Source: IRS Form 990

Eastern Carolina Community Foundation Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Eastern Carolina Community Foundation Inc.

Board of directors
as of 04/11/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Thomas Kennedy


Board co-chair

Caroline Toniolo

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes

Organizational demographics

SOURCE: Self-reported; last updated 4/11/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.