Form 990 for tax year 2023
Filed by EDISTO ISLAND YOUTH RECREATION.
Totals
- Total revenue
- $86,192
- Total expenses
- $34,491
- Contributions and grants received
- $76,480
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $96
- Other revenue
- $9,616
- Total assets, end of year
- $1,974,327
- Total liabilities, end of year
- $2,526
- Net assets or fund balances, end of year
- $1,971,801
- Program services expenses (Part IX)
- $31,892
- Management and general expenses
- $2,599
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $31,892
Program services were 92.5% 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
$76,480
-
3 · Investment income
total $96 · excluded $96
-
8a · Fundraising events: gross income
$12,902
-
8b · Fundraising events: direct expenses
$3,286
-
8c · Net income from fundraising events
total $9,616 · excluded $9,616
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $510 · management and general $510
-
20 · Interest
total $295 · program services $251 · management and general $44
-
22 · Depreciation, depletion and amortization
total $3,104 · program services $2,638 · management and general $466
-
23 · Insurance
total $2,742 · program services $2,331 · management and general $411
-
24a · Other expenses: EQUIPMENT
total $4,354 · program services $4,354
-
24b · Other expenses: MEMBERSHIP
total $3,040 · program services $3,040
-
24c · Other expenses: PROPERTY MANAGEMENT
total $4,868 · program services $4,868
-
24d · Other expenses: FOOD DRINK RECREATION
total $4,101 · program services $3,486 · management and general $615
-
24e · All other expenses
total $11,477 · program services $10,924 · management and general $553
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $82,792 · end of year $134,096
-
3 · Pledges and grants receivable
beginning of year $139,500 · end of year $139,500
-
8 · Inventories for sale or use
beginning of year $2,500 · end of year $2,500
-
10a · Land, buildings and equipment: cost or other basis
$1,708,815
-
10b · Land, buildings and equipment: accumulated depreciation
$10,584
-
10c · Land, buildings and equipment, net
beginning of year $1,701,335 · end of year $1,698,231
-
23 · Secured mortgages and notes payable
beginning of year $6,878 · end of year $2,526
-
27 · Net assets without donor restrictions
beginning of year $1,779,749 · end of year $1,832,301
-
28 · Net assets with donor restrictions
beginning of year $139,500 · end of year $139,500
Mission and programs · 2023
Mission
TO PROVIDE OPPORTUNITIES FOR THE YOUTH OF EDISTO ISLAND & NEIGHBORING AREAS TO PARTICIPATE IN ATHLETICS & RECREATION ACTIVITIES INCLUDING PARTICIPATION IN ORGANIZED SPORTS, SPORTS FIELD TRIPS, RECREATION, LEARNING EVENTS, & CREATION & MAINTENANCE OF SPORT FACILITIES.
-
SPORTS PROGRAMS FOR UNDERSERVED YOUTH THESE PROGRAMS INCLUDE BASKETBALL, CHEERLEADING, TRACK, BASEBALL, AND GYMNASTICS. THESE PROGRAMS ARE SEASONAL AND HAVE APPROXIMATELY 30-100 YOUTH PARTICIPATING IN A PARTICULAR PROGRAM. PART OF EIYR IS ST. PAULS PARISH LITTLE LEAGUE, A CHARTERED LEAGUE FROM LITTLE LEAGUE USA. EIYR DOES NOT CHARGE ANY FEES FOR ANY OF THE PROGRAMS, THUS, THE COSTS ASSOCIATED WITH UNIFORMS, EQUIPMENT, LEAGUE FEES, INSURANCE, TRANSPORTATION, FOOD AND WATER, ETC. MUST BE COVERED BY DONATIONS.
Expenses $28,045
-
PANTHER PACKS HEALTHY FOOD PACKAGES ARE HANDED OUT WEEKLY TO ALL STUDENTS AT JANE EDWARDS ELEMENTARY SCHOOL FUNDS ARE RAISED BY DONATIONS.
Expenses $3,120
-
DEVELOPMENT OF FACILITIES ON EDISTO ISLAND (EI) SINCE EI LACKS A PUBLIC PLAYGROUND, OUTDOOR BASKETBALL COURT, GYM, MULTI PURPOSE FIELD FOR SOCCER, FOOTBALL, TRACK ETC., EIYR IS DEVELOPING 145 ACRES ON CLARK ROAD EI FOR A COMMUNITY RECREATION AREA. THIS PROPERTY IS OWNED BY EIYR THROUGH A CHARLESTON COUNTY GREENBELT PROGRAM GRANT. FUNDS ARE CURRENTLY BEING RAISED FOR THIS FACILITY TO COVER ENGINEERING, PERMITTING, CONSTRUCTION AND MAINTENANCE.
Expenses $727
As filed on the 2023 return.
Listed in Part VII
-
Rev Abraham GadsenREV ABRAHAM GADSEN
MEMBER
- Total calculated
- $0
- Hours/week
- 20
-
Dixie SongerDIXIE SONGER
MEMBER
- Total calculated
- $0
- Hours/week
- 20
-
Francine MorrisonFRANCINE MORRISON
MEMBER
- Total calculated
- $0
- Hours/week
- 20
-
Peter BeckPETER BECK
MEMBER
- Total calculated
- $0
- Hours/week
- 0 + 20 related
-
Gracie HorneGRACIE HORNE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 20
-
Eugene B MiddletonEUGENE B MIDDLETON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 20
-
Ben AlexanderBEN ALEXANDER
TREASURER
- Total calculated
- $0
- Hours/week
- 20
-
Judy BelloJUDY BELLO
SECRETARY
- Total calculated
- $0
- Hours/week
- 20
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
- 31 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422139349301487
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