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Nonprofit · EIN 20-0962371

GROWTH

Also known as DORCHESTER SCHOOL DISTRICT TWO

Tax-exempt · SUMMERVILLE, SC 29483

Financials

$4.8M$4.8M2022$2.2M$2M2023
Revenue Expenses · by fiscal year end
Financials of GROWTH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$2,230,936$2,030,856$200,080$77,856,481$77,652,000$204,481
June 30, 2023990$4,783,152$4,780,138$3,014$91,659,422$91,548,900$110,522
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,139,265
Investment income
$91,671
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$134,280
Program services (functional)
$2,030,856

Balance sheet and other

Total assets, start of year
$91,659,422
Total assets, end of year
$77,856,481
Total liabilities, end of year
$77,652,000
Net assets, end of year
$204,481
Net assets without donor restrictions
$204,481
Gross receipts
$11,525,936
Employees
0
Volunteers
6
Year formed
2004
State of legal domicile
SC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
FRAN TOWNSENDCHAIRMAN FRO
Trustee or director, Officer
0.04$0
CAROLYN HOWARDCHAIRMAN TIL
Trustee or director, Officer
0.04$0
BO BLANTONVICE CHAIRMA
Trustee or director, Officer
0.04$0
ALLYSON DUKESEC/TREAS FR
Trustee or director, Officer
0.04$0
MARION INABINETSEC/TREAS TI
Trustee or director, Officer
0.04$0
HARRY BLAKEDIRECTOR
Trustee or director
0.04$0
BRIAN MITCHUMDIRECTOR FRO
Trustee or director
0.04$0
PAT RAYNORDIRECTOR FRO
Trustee or director
0.04$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
ALLYSON DUKEBOARD MEMBER
Trustee or director
0.04$0
BO BLANTONDIRECTOR
Trustee or director
0.04$0
HARRY BLAKEDIRECTOR
Trustee or director
0.04$0
CAROLYN HOWARDCHAIRMAN
Trustee or director, Officer
0.04$0
FRAN TOWNSENDVICE CHAIRMAN
Trustee or director, Officer
0.04$0
MARION INABINETSECRETARY/TREASURER
Trustee or director, Officer
0.04$0

Address and contacts

Address (IRS master file)
815 S MAIN ST, SUMMERVILLE, SC 29483-5913
In care of
% BRANTLEY THOMAS
Principal officer (990 for 2023)
FRAN TOWNSEND, 815 S MAIN ST, SUMMERVILLE, SC 29483
Signed the 990
FRAN TOWNSEND, CHAIRMAN
Phone
(843) 873-2901
Return prepared by
GREENE FINNEY CAULEY LLP

Mission

THE FUND WAS FORMED TO CONSTRUCT AND RENOVATE DORCHESTER COUNTY SCHOOL DISTRICT TWO FACILITIES.

990 for the year ended June 30, 2024

Program accomplishments

  • THE ARTICLES OF INCORPORATION AND BYLAWS PROVIDE THAT THE FUND HAS BEEN ORGANIZED EXCLUSIVELY TO (1) ACQUIRE, CONSTRUCT, FINANCE, PLEDGE, IMPROVE, MAINTAIN, OPERATE, MANAGE, LEASE AND DISPOSE OF SCHOOL BUILDINGS AND OTHER PUBLIC EDUCATION FACILITIES FOR THE USE AND BENEFIT OF THE DORCHESTER COUNTY SCHOOL DISTRICT TWO AND (2) ENCOURAGE AND PROMOTE PUBLIC EDUCATION THROUGH COOPERATIVE ARRANGEMENTS WITH GOVERNMENTAL ENTITIES AND ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE THAT PROVIDE PUBLIC EDUCATION IN DORCHESTER COUNTY, SOUTH CAROLINA.
    Expenses $2,030,856 · revenue $2,139,265

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-0962371
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2006
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$77,856,481
Income (IRS master file)
$11,525,936

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$2,230,936$2,030,856$77,856,481XML
990June 2023$4,783,152$4,780,138$91,659,422XML
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0962371).

Questions about GROWTH

What is the EIN of GROWTH?
The employer identification number (EIN) of GROWTH is 20-0962371.
Is GROWTH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to GROWTH tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does GROWTH file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GROWTH due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GROWTH last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of GROWTH?
The 990 for the year ended June 30, 2024 names FRAN TOWNSEND.
Who are the officers and directors of GROWTH?
The 990 for the year ended June 30, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does GROWTH have?
On its 990 for the year ended June 30, 2024 it reported revenue of $2,230,936, expenses of $2,030,856 and total assets of $77,856,481 at year end.

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