Form 990 for tax year 2023

Filed by HILTON HEAD ISLAND DEEP WELL PROJECT.

Totals

Total revenue: $2,889,208
Total expenses: $2,648,804
Contributions and grants received: $2,644,457
Grants paid: $0
Program service revenue: $56,674
Investment income: $188,077
Other revenue: $0
Total assets, end of year: $9,247,868
Total liabilities, end of year: $53,173
Net assets or fund balances, end of year: $9,194,695
Program services expenses (Part IX): $2,473,798
Management and general expenses: $175,006
Fundraising expenses: $0
Program service expenses (Part III): $2,473,798

Program services were 93.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1f · All other contributions, gifts and grants

$2,644,457
1g · Noncash contributions included above

$610,981
2a · Program service revenue: REPAYMENT OF AID

total $55,793 · related or exempt $55,793
2b · Program service revenue: MISCELLANEOUS

total $881 · related or exempt $881
3 · Investment income

total $188,077 · excluded $188,077

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $486,362 · program services $419,545 · management and general $66,817
9 · Other employee benefits

total $38,721 · program services $28,915 · management and general $9,806
10 · Payroll taxes

total $37,667 · program services $32,457 · management and general $5,210
11c · Fees: accounting

total $14,000 · management and general $14,000
16 · Occupancy

total $38,557 · program services $34,597 · management and general $3,960
22 · Depreciation, depletion and amortization

total $54,404 · program services $53,316 · management and general $1,088
23 · Insurance

total $22,210 · program services $21,683 · management and general $527
24a · Other expenses: FOOD DISTRIBUTION

total $611,797 · program services $611,797
24b · Other expenses: HOUSING & UTILITIES

total $449,392 · program services $449,392
24c · Other expenses: HOUSING REPAIRS

total $390,055 · program services $390,055
24d · Other expenses: OTHER PROJECT EXPENSE

total $380,491 · program services $380,491
24e · All other expenses

total $125,148 · program services $51,550 · management and general $73,598

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,161,685 · end of year $1,073,466
3 · Pledges and grants receivable

beginning of year $98,500 · end of year $63,020
4 · Accounts receivable

beginning of year $8,011 · end of year $8,011
9 · Prepaid expenses and deferred charges

beginning of year $18,351 · end of year $22,111
10a · Land, buildings and equipment: cost or other basis

$1,420,724
10b · Land, buildings and equipment: accumulated depreciation

$440,013
10c · Land, buildings and equipment, net

beginning of year $950,808 · end of year $980,711
11 · Investments: publicly traded securities

beginning of year $6,022,021 · end of year $7,100,549
17 · Accounts payable and accrued expenses

beginning of year $26,623 · end of year $53,173
27 · Net assets without donor restrictions

beginning of year $8,137,050 · end of year $9,013,201
28 · Net assets with donor restrictions

beginning of year $95,703 · end of year $181,494

Mission and programs · 2023

Mission

WE ADDRESS THE BASIC NEEDS OF OUR CLIENTS TO FOSTER GREATER SELF- SUFFICIENCY, WHICH INCLUDES HELP WITH FOOD,RENT, UTILITY BILLS, HEALTH SERVICES, TRANSPORTATION, AND CRITICAL SAFETY FOCUS HOME REPAIRS.

PROGRAMS PROVIDE A VARIETY OF SERVICES IN THE BASIC NEEDS SPECTRUM, INCLUDING BUT NOT LIMITED TO, FOOD, EMERGENCY RENT/MORTGAGE/UTILITY BILL AID, FURNITURE AND APPLIANCES, AND CRITICAL-NATURE, SAFETY HOME REPAIRS.

Expenses $2,473,798

As filed on the 2023 return.

Listed in Part VII

Mary-Stuart AldermanMARY-STUART ALDERMAN

CHAIR

Total calculated

$0

Hours/week

15
Jan JohnsonJAN JOHNSON

TREASURER

Total calculated

$0

Hours/week

15
Charlotte GillCHARLOTTE GILL

SECRETARY

Total calculated

$0

Hours/week

10
Karen BittmanKAREN BITTMAN

MEMBER

Total calculated

$0

Hours/week

5
Ted DavidTED DAVID

MEMBER

Total calculated

$0

Hours/week

5
Enid CarranzaENID CARRANZA

MEMBER

Total calculated

$0

Hours/week

5
Dan ClareDAN CLARE

MEMBER

Total calculated

$0

Hours/week

5
Jeff ErnicoJEFF ERNICO

MEMBER

Total calculated

$0

Hours/week

5
Marc GrantMARC GRANT

MEMBER

Total calculated

$0

Hours/week

5
Tom HenzTOM HENZ

MEMBER

Total calculated

$0

Hours/week

5
Nancy JohnstonNANCY JOHNSTON

MEMBER

Total calculated

$0

Hours/week

5
Erin KaylorERIN KAYLOR

MEMBER

Total calculated

$0

Hours/week

5
Chuck KotlerCHUCK KOTLER

MEMBER

Total calculated

$0

Hours/week

5
Jeff RogersJEFF ROGERS

MEMBER

Total calculated

$0

Hours/week

5
Bruce SieboldBRUCE SIEBOLD

MEMBER

Total calculated

$0

Hours/week

5
Tosha SuggsTOSHA SUGGS

MEMBER

Total calculated

$0

Hours/week

5
Sandy GillisSANDY GILLIS

EXECUTIVE DI

Total calculated

$143,090

From this org

$125,079

From related orgs

$0

Other

$18,011

Hours/week

40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 11 April 2024
IRS schema version: 2023v5.0
Source object: 202421029349300512

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