Nonprofit · EIN 47-4866776
SPIRIT OF SOUTH CAROLINA INC
Tax-exempt · CHARLESTON, SC 29407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,502 | $132,110 | -$129,608 | $3,035,859 | $3,136 | $3,032,723 |
| December 31, 2024 | 990 | $274,491 | $232,540 | $41,951 | $3,162,331 | $151,000 | $3,011,331 |
| December 31, 2023 | 990 | $370,028 | $174,984 | $195,044 | $3,120,381 | $0 | $3,120,381 |
| December 31, 2022 | 990 | $193,151 | $183,369 | $9,782 | $2,925,337 | $0 | $2,925,337 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,500
- Program service revenue
- $0
- Investment income
- $2
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $3,333
- Salaries, compensation and benefits (total)
- $3,333
- Professional fundraising fees
- $0
- Depreciation
- $116,667
- Program services (functional)
- $3,333
- Management and general (functional)
- $128,777
Balance sheet and other
- Total assets, start of year
- $3,162,331
- Total assets, end of year
- $3,035,859
- Total liabilities, end of year
- $3,136
- Net assets, end of year
- $3,032,723
- Land, buildings and equipment
- $3,035,859
- Net assets without donor restrictions
- $3,032,723
- Gross receipts
- $2,502
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2015
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Hank Hofford | Board Member Trustee or director | 2 | $0 |
| Teddy Turner | Board Member Trustee or director | 2 | $0 |
| Pierre Manigault | Board Member Trustee or director | 2 | $0 |
| Tommy Baker | Co-President Trustee or director, Officer | 8 | $0 |
| Colleen Flynn | Interim Executive Director Trustee or director, Officer | 8 | $0 |
| Michael Bennett | Co-President Trustee or director, Officer | 8 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COLLEEN FLYNN | INTERIM EXECUTIVE DIRECTOR Trustee or director, Officer | 8 | $0 |
| TOMMY BAKER | CO-PRESIDENT Trustee or director, Officer | 8 | $0 |
| MICHAEL BENNETT | CO-PRESIDENT Trustee or director, Officer | 8 | $0 |
| PAUL STEADMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| TEDDY TURNER JR | BOARD MEMBER Trustee or director | 2 | $0 |
| PIERRE MANIGAULT | BOARD MEMBER Trustee or director | 2 | $0 |
| HANK HOFFORD | BOARD MEMBER Trustee or director | 2 | $0 |
| EARL MCMILLION | BOARD MEMBER Trustee or director | 2 | $0 |
| ELI DANA | BOARD MEMBER Trustee or director | 2 | $0 |
| CHARLIE DANA | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COLLEEN FLYNN | INTERIM EXECUTIVE DIRECTOR Trustee or director | 8 | $0 |
| TOMMY BAKER | CO-PRESIDENT Trustee or director, Officer | 8 | $0 |
| MICHAEL BENNETT | CO-PRESIDENT Trustee or director, Officer | 8 | $0 |
| PAUL STEADMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| TEDDY TURNER JR | BOARD MEMBER Trustee or director | 2 | $0 |
| PIERRE MANIGAULT | BOARD MEMBER Trustee or director | 2 | $0 |
| HANK HOFFORD | BOARD MEMBER Trustee or director | 2 | $0 |
| EARL MCMILLION | BOARD MEMBER Trustee or director | 2 | $0 |
| ELI DANA | BOARD MEMBER Trustee or director | 2 | $0 |
| CHARLIE DANA | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2022: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOMMY BAKER | CO-PRESIDENT Trustee or director, Officer | 8 | $0 |
| MICHAEL BENNETT | CO-PRESIDENT Trustee or director, Officer | 8 | $0 |
| PAUL STEADMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| TEDDY TURNER JR | BOARD MEMBER Trustee or director | 2 | $0 |
| PIERRE MANIGAULT | BOARD MEMBER Trustee or director | 2 | $0 |
| HANK HOFFORD | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1511 SAVANNAH HWY, CHARLESTON, SC 29407-7822
- Principal officer (990 for 2025)
- Adam Reed, 6650 Rivers Ave, STE 100, Charleston, SC 29406
- Signed the 990
- Adam Reed, Executive Director
- Phone
- (937) 725-7762
Mission
Spirit of South Carolina is a nonprofit maritime heritage and education organization operating a U.S. Coast Guard-certified traditionally rigged sailing vessel based in Charleston South Carolina. The organization delivers hands-on educational and experiential programs that connect participants to the Lowcountrys maritime history culture and working waterfront through direct engagement aboard a functioning vessel.
Program accomplishments
- Tours aboard the vesselExpenses $3,333
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 | 990 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
- 47-4866776
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $3,035,859
- Income (IRS master file)
- $2,502
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,502 | $132,110 | $3,035,859 | XML |
| 990 | December 2024 | $274,491 | $232,540 | $3,162,331 | XML |
| 990 | December 2023 | $370,028 | $174,984 | $3,120,381 | XML |
| 990 | December 2022 | $193,151 | $183,369 | $2,925,337 | XML |
| 990 | December 2021 | $63,321 | $172,239 | $2,950,245 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 47-4866776).
Questions about SPIRIT OF SOUTH CAROLINA INC
- What is the EIN of SPIRIT OF SOUTH CAROLINA INC?
- The employer identification number (EIN) of SPIRIT OF SOUTH CAROLINA INC is 47-4866776.
- Is SPIRIT OF SOUTH CAROLINA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to SPIRIT OF SOUTH CAROLINA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPIRIT OF SOUTH CAROLINA INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SPIRIT OF SOUTH CAROLINA INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SPIRIT OF SOUTH CAROLINA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SPIRIT OF SOUTH CAROLINA INC?
- The 990 for the year ended December 31, 2025 names Adam Reed.
- Who are the officers and directors of SPIRIT OF SOUTH CAROLINA INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does SPIRIT OF SOUTH CAROLINA INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,502, expenses of $132,110 and total assets of $3,035,859 at year end.
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