Nonprofit · EIN 27-5011293
KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC
Tax-exempt (reinstated) · LORIS, SC 29569
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $31,251 | $81,151 | -$49,900 | $820,195 | $820,087 | $108 |
| December 31, 2023 | 990 | $121,065 | $156,862 | -$35,797 | $865,838 | $865,430 | $408 |
| December 31, 2022 | 990 | $170,241 | $159,198 | $11,043 | $917,837 | $891,042 | $26,795 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $31,251
- of which government grants
- $31,251
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $14,825
- Salaries, compensation and benefits (total)
- $18,402
- Professional fundraising fees
- $0
- Accounting fees
- $2,300
- Depreciation
- $6,865
- Program services (functional)
- $42,510
- Management and general (functional)
- $38,641
Balance sheet and other
- Total assets, start of year
- $865,838
- Total assets, end of year
- $820,195
- Total liabilities, end of year
- $820,087
- Net assets, end of year
- $108
- Gross receipts
- $31,251
- Employees
- 5
- Volunteers
- 5
- Year formed
- 2011
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Roland Cotfieald | Trustees Trustee or director | 0 | $0 |
| Richard D Bellany | Trustees Trustee or director | 0 | $0 |
| Mark Jordan | Trustees Trustee or director | 0 | $0 |
| Jimmy Johnson | Executive Board Member District I Trustee or director | 0 | $0 |
| Joey Williams | Executive Board Member District II Trustee or director | 0 | $0 |
| Tonie Veerne Jr | Executive Board Member District IV Trustee or director | 0 | $0 |
| Rev Sonny Bridges | Moderater Officer | 0 | $0 |
| Willie Finley | Vice Moderator Officer | 0 | $0 |
| Zemmie Washington | Secretary Officer | 0 | $0 |
| Sharon Beaty | Asst Secretary Officer | 0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard Bellamy | Trustee District I Trustee or director | 0 | $0 |
| Billie Faye Johnson | Chair District IV Trustee or director | 0 | $0 |
| Timothy Gerald | Executive Director KLBEC Trustee or director | 0 | $0 |
| Timothy Gerald | Executive Director Trustee or director | 0 | $0 |
| James Grissett | Trustee District III Trustee or director | 0 | $0 |
| Roland Cockfield | Trustee District II Trustee or director | 0 | $0 |
| Karen Frinks | Historian Officer | 0 | $0 |
| Hattie Graham | Missionary Officer | 0 | $0 |
| Zimmier Washington | Asst Secretary Officer | 0 | $0 |
| Dr Sharon Beaty | Secretary Officer | 0 | $0 |
| Dr Sonny Bridges | Vice Moderator Officer | 0 | $0 |
| Lessie Core | Parliamentarian Officer | 0 | $0 |
| Barbara D Johnson | Financial Clerk Officer | 0 | $0 |
| Jeanette Faulk | Treasurer Officer | 0 | $0 |
990 for the year ended December 31, 2022: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard Bellamy | Trustee District I Trustee or director | 0 | $0 |
| Billie Faye Johnson | Chair District IV Trustee or director | 0 | $0 |
| Timothy Gerald | Executive Director KLBEC Trustee or director | 0 | $0 |
| Timothy Gerald | Executive Director Trustee or director | 0 | $0 |
| James Grissett | Trustee District III Trustee or director | 0 | $0 |
| Roland Cockfield | Trustee District II Trustee or director | 0 | $0 |
| Karen Frinks | Historian Officer | 0 | $0 |
| Hattie Graham | Missionary Officer | 0 | $0 |
| Zimmier Washington | Asst Secretary Officer | 0 | $0 |
| Dr Sharon Beaty | Secretary Officer | 0 | $0 |
| Dr Sonny Bridges | Vice Moderator Officer | 0 | $0 |
| Lessie Core | Parliamentarian Officer | 0 | $0 |
| Barbara D Johnson | Financial Clerk Officer | 0 | $0 |
| Jeanette Faulk | Treasurer Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3410 CHURCH ST, LORIS, SC 29569-2126
- In care of
- % SONNY BRIDGES
- Principal officer (990 for 2024)
- Rev Sonny Bridges, 2764 Edwards Rd, Aynor, SC 29511
- Signed the 990
- SONNY BRIDGES, Moderater
- Phone
- (843) 756-6206
- Return prepared by
- CTS TAX & ACCOUNTING SERVICES
Mission
The KLBEC works to enhance the economic development of Horry County nonprofits and small businesses.
Program accomplishments
- Unlock your childs creativity and nurture their physical well-being with the Klebc afterschool program. This enriching program offers a perfect blend of hands-on activities and outdoor adventures designed to engage young minds and energize their bodies. Our expert instructors guide children through various handwork projects, including crafting, state school required testing, and more, allowing them to explore their creativity while developing fine motor skills. Each session provides a safe and supportive environment where kids can express themselves and build confidence in their abilities. In addition to our indoor activities, we prioritize outdoor experiences to keep kids active and connected to nature. From running around engaging with their peers, Klebc program ensures that the children enjoy the benefits of fresh air and physical exercise. To top it all off, we provide nutritious snacks and meals, ensuring that every child is fueled for fun and learninExpenses $42,510
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-5011293
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $820,195
- Income (IRS master file)
- $31,251
Revocation and reinstatement
- Exemption revoked
- May 15, 2023
- Posted by the IRS
- August 14, 2023
- Reinstated
- Effective May 15, 2023
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $31,251 | $81,151 | $820,195 | XML |
| 990 | December 2023 | $121,065 | $156,862 | $865,838 | XML |
| 990 | December 2022 | $170,241 | $159,198 | $917,837 | 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 27-5011293).
Questions about KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC
- What is the EIN of KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC?
- The employer identification number (EIN) of KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC is 27-5011293.
- Is KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
- Are donations to KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC?
- The 990 for the year ended December 31, 2024 names Rev Sonny Bridges.
- Who are the officers and directors of KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does KINGSTON LAKE EDUCATION AND BUSINESS CENTER INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $31,251, expenses of $81,151 and total assets of $820,195 at year end.
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