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Nonprofit · EIN 82-2014376

CHARLESTON LEADERS FOUNDATION INC

Tax-exempt · CHARLESTON, SC 29422

Financials

$146K$111K2023$91K$100K2024
Revenue Expenses · by fiscal year end
Financials of CHARLESTON LEADERS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$90,807$100,067-$9,260$19,316$79,690-$60,374
December 31, 2023990-EZ$145,870$110,627$35,243$33,472$81,586-$48,114
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$28,938
Membership dues
$11,765
Net income from fundraising events
$50,104

Expenses

Compensation of officers, directors and key employees
$52,000
Salaries, compensation and benefits (total)
$52,000
Professional fees and payments to contractors
$2,277
Occupancy
$1,639
Printing, publications and postage
$345
Other expenses
$43,806
Program services (functional)
$97,389

Balance sheet and other

Total assets, start of year
$33,472
Total assets, end of year
$19,316
Total liabilities, end of year
$79,690
Net assets, end of year
-$60,374
Cash, savings and investments
$11,576
Gross receipts
$126,334

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RUTHANN K HIPPSEXECUTIVE DIRECTOR40$52,000
TIM ROGERSBOARD MEMBER1$0
TRISCHIA KHOURIBOARD MEMBER1$0
KENT FLOYDBOARD MEMBER1$0
MICHAEL RENAULTBOARD MEMBER1$0
JENNIFER BAEZBOARD MEMBER1$0
DONNA D'AMATOBOARD MEMBER1$0
CASSIE CHERICHELLOREGIONAL DIRECTOR1$0
MARY JO ROMEOSECRETARY1$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
RUTHANN K HIPPSEXECUTIVE DIRECTOR40$48,000
TIM ROGERSBOARD MEMBER1$0
TRISCHIA KHOURIBOARD MEMBER1$0
KENT FLOYDBOARD MEMBER1$0
MICHAEL RENAULTBOARD MEMBER1$0
JENNIFER BAEZBOARD MEMBER1$0
DONNA D'AMATOBOARD MEMBER1$0
CASSIE CHERICHELLOREGIONAL DIRECTOR1$0
MARY JO ROMEOSECRETARY1$0

Address and contacts

Address (IRS master file)
PO BOX 12056, CHARLESTON, SC 29422-2056
Signed the 990-EZ
RUTHANN HIPPS, EXECUTIVE DIRECTOR
Phone
(843) 300-1799
Return prepared by
DAVIS & COMPANY CPAS

Mission

THE MISSION OF CHARLESTON LEADERS IS TO FOSTER AND DEVELOP LEADERSHIP IN OUR COMMUNITY. WE ACCOMPLISH THIS MISSION BY ENGAING OUR BUINSESS COMMUNITY WITH VARIOUS PROGRAMMING THROUGHT THE YEAR, CREATING AND SUPPORTING SCHOOL INITIATIVES THAT DEVELOP LEADERSHIP AT A YOUNGER AGE, AND STRENGTHENING COMMUNITY LEADERSHIP THROUGH PROGRAMMING AND SUPPORT.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • FALL LEADER FUNDRAISER - THIS ENGAGEMENT EVENT BRINGS LEADERS TOGETHER TO SUPPORT AND GROW A LEADERSHIP COMMUNITY. 2024 WAS OUR INAUGURAL YEAR FOR THIS EVENT. WE HELD A "YACHT ROCK" FUNDRAISER IN MT PLEASANT. IT WAS OVERWHELMINGLY SUPPORTED BY OUR COMMUNITY WITH OVER 235 ATTENDEES, 15 SPONSORSHIPS AND FEATURED A LIVE AND SILENT AUCTION PROVIDING FUNDING TO SUPPORT OUR MISSION. IN 2024, WE RAISED $61,366 AT THIS EVENT.
    Expenses $61,474
  • LEADER GOLF EVENT - THIS FUNDRAISER EVENT OCCURS ANNUALLY AND IS WELL RECEIVED IN THE COMMUNITY. IT CONTINUES TO GROW IN POPULARITY AND FUNDRAISING. IT SUPPORTS OUR MISSION THROUGH ENGAGING LEADERS AROUND OURCAUSE. THE GOAL IS TO ENGAGE OUR LEADERS IN AN ACTIVITY AND DEVELOP RELATIONSHIPS THAT GROW YEAR OVER YEAR. THROUGH THIS STYLE OF FUNDRAISING WE HAVE A CAPTIVE AND EXCITED AUDIENCE OF BUSINESS PROFESSIONALS THAT LEARN ABOUT OUR MISSION ON A DEEPER LEVEL. THE PROCEEDS OF THIS EVENT SUPPORTS OUR MISSION AND MONETARILY SUPPORTS AND FUNDS OUR NEW LEADER ACADEMY PROGRAM. IN 2024 WE RAISED $25,560 AT THIS EVENT
    Expenses $25,110
  • LEADER ACADEMY IS A PROGRAM FOR HIGH SCHOOL SOPHOMORES TO DISCOVER LEADERSHIP POTENTIAL WITHIN THEMSELVES. THIS PROGRAM IS DESIGNED TO MATCH STUDENTS WITH COMMUNITY NEEDS, COMMUNITY RESOURCES AND COMMUNITY OPPORTUNITIES AND WILL PROVIDE MONTHLY INTERACTION WITHCOMMUNITY LEADERS AND PARTNERS IN A VARIETY OF DISCUSSION OPPORTUNITIES TO EXAMINE ISSUES FACING OUR REGION. ALL SESSIONS AND PROGRAM COSTS ARE PROVIDED BY CHARLESTON LEADERS AND THEIR BUSINESS COMMUNITY PARTNERS. PARTICIPATION WILL BE FULLY FUNDED THROUGH DONATIONS AND SPONSORSHIP FROM OUR BUSINESS PARTNERS AND ADDITIONAL GRANT FUNDING. SESSIONS WILL BE HELD ATTHE COLLEGE OF CHARLESTON AT THE RILEY CENTER ON LOCKWOOD BLVD. UNLESS OTHERWISE NOTED. TRANSPORTATION FOR LEADER FIELD TRIPS WILL BE PROVIDED BY CHARLESTON COUNTY SCHOOLS AFTER BREAKFAST AT THE RILEY CENTER.SOME ELIGIBILITY REQUIREMENTS AND STANDARDS WILL INCLUDE: ACADEMIC ACHIEVEMENT, EXPRESSION OF INTEREST, FULL PARTICIPATION, LEADERSHIP DEMONSTRATION, AND COMMUNITY RECOMMENDATIONS. THROUGH DONATIONS AND GRANT FUNDING IN 2024, THIS PROGRAM RAISED $10,805
    Expenses $10,805

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
82-2014376
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,316
Income (IRS master file)
$126,334

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$90,807$100,067$19,316XML
990-EZDecember 2023$145,870$110,627$33,472XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––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 82-2014376).

Questions about CHARLESTON LEADERS FOUNDATION INC

What is the EIN of CHARLESTON LEADERS FOUNDATION INC?
The employer identification number (EIN) of CHARLESTON LEADERS FOUNDATION INC is 82-2014376.
Is CHARLESTON LEADERS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to CHARLESTON LEADERS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHARLESTON LEADERS FOUNDATION INC 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 CHARLESTON LEADERS FOUNDATION 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 CHARLESTON LEADERS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of CHARLESTON LEADERS FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $52,000 (RUTHANN K HIPPS, EXECUTIVE DIRECTOR).
How much revenue does CHARLESTON LEADERS FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $90,807, expenses of $100,067 and total assets of $19,316 at year end.

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