SC Future Makers

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To expose and connect the next generation in the state of south carolina to all of the opportunities IT has to offer, close the stem skills gap, and ultimately retain talent for Future economic development and regional prosperity.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1959037) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average deficit $4K a year · 0.4% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
98%
of spending
98% of spending went to programs.
Pt IX · Ln 25 · col B
7.7 mo
of spending, in cash
7.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $45K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$433K
46% of total assets
Liabilities are 46% of assets.
Pt X · Ln 26
Independent board members
3
of 4 voting members
3 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.4M
+11% vs prior year
Spent
$1.4M
To programs
98%
Net assets
$508K
By yearFY2020–FY2025
Revenue
$1.4M
FY2025▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$409K
FY2021$520K
FY2022$405K
FY2023$1.1M
FY2024$1.3M
FY2025$1.4M
Expenses
$1.4M
FY2025▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$401K
FY2021$516K
FY2022$495K
FY2023$1.1M
FY2024$1.3M
FY2025$1.4M
Net assets
$508K
FY2025▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$538K
FY2021$542K
FY2022$452K
FY2023$490K
FY2024$501K
FY2025$508K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $1.4M Management & general 1% · $12K Fundraising 1% · $18K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
VP of Member Relations
$0Pt VII · Sec A
VP of Government Relations
$0Pt VII · Sec A
See SC Future Makers executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects South Carolina youth to opportunities, closing STEM gaps for future economic growth.

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3 programs · $1.4M · in their own filed words · FY2024
01

Implemented statewide activities for participating south carolina schools. Increase the number of employer outreach activities by utilizing connect campaigns to promote internships, apprenticeships, and employment opportunities within south carolina.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1959037) · Dispute this line
$691Kprogram expense
02

The south carolina manufacturing leadership program provides high-potential employees in the manufacturing industry with a highly immersive, cohort-based educational experience. The SCMLP includes a distinctive curriculum that enhances the essential skills leaders need to maintain and grow our state's robust manufacturing industry.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1959037) · Dispute this line
$411Kprogram expense
03

Actively engage and increase the number of businesses that have a tallo profile and are actively posting opportunities within the platform.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1959037) · Dispute this line
$285Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$45K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Fees for servicesLn 2g$950K
Gifts and grantsLn 1h$477K
Investment incomeLn 3$10K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.4M
Managementcol C$12K
Fundraisingcol D$18K
Owns and owesPt X
$508K
net assets · Ln 32
Cash and savingsLn 1–2$919K
Total assetsLn 16$941K
LiabilitiesLn 26$433K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$477K
Fees for servicesLn 2g$950K
Investment incomeLn 3$10K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$155K
SavingsLn 2$765K
Cash and savings togetherLn 1–2$919K
Prepaid expenses and deferred chargesLn 9$2K
Other assetsLn 15$20K
Total assetsLn 16$941K
LiabilitiesLn 26$433K
Net assetsLn 32$508K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$921K$919K
Total assetsLn 16$953K$941K
LiabilitiesLn 26$452K$433K
Net assetsLn 32$501K$508K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$7K$7K
Office expensesLn 13$6K$4K$1K
Information technologyLn 14$2K$2K
TravelLn 17$14K$14K
Conferences, conventions and meetingsLn 19$1K$1K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$1.3M$1.3M$717$18K
All other expensesLn 24e$51K$51K$350
Total functional expensesLn 25$1.4M$1.4M$12K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Mar 10, 2026 $1.4M$1.4M$7K$508K 990 PDF
FY2024Filed with the IRS Nov 14, 2024 $1.3M$1.3M$10K$501K 990 PDF
FY2023Filed with the IRS Feb 8, 2024 $1.1M$1.1M$38K$490K 990 PDF
FY2022Filed with the IRS Feb 14, 2023 $405K$495K−$89K$452K 990 PDF
FY2021Filed with the IRS May 9, 2022 $520K$516K$4K$542K 990 PDF
FY2020Filed with the IRS Feb 22, 2021 $409K$401K$8K$538K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2025 990
Part I · Summary $1,437,454 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $345,909$477,241
I-9 Program service revenuePrior year $950,000$950,000
I-10 Investment incomePrior year $4,062$10,213
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,299,971$1,437,454
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,289,549$1,430,610
I-18 Total expensesPrior year $1,289,549$1,430,610
I-19 Revenue less expensesPrior year $10,422$6,844
Part VI · Governance 3 of 4 board members independent, 2 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,437,454 across 5 lines filed
VIII-1f All other contributions, gifts and grants$477,241
VIII-1h Total contributions, gifts and grants$477,241
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $950,000$950,000
VIII-3 Investment incomeExcluded from tax $10,213$10,213
VIII-12 Total revenueRelated to mission $950,000 · Unrelated business $0 · Excluded from tax $10,213$1,437,454
Part IX · Statement of functional expenses $1,430,610 across 8 lines filed
IX-11c Accounting feesManagement $7,123$7,123
IX-13 Office expensesPrograms $4,475 · Management $1,205$5,680
IX-14 Information technologyPrograms $2,400$2,400
IX-17 TravelPrograms $14,210$14,210
IX-19 Conferences, conventions and meetingsPrograms $1,125$1,125
IX-23 InsuranceManagement $2,945$2,945
IX-24 Other expenses (24a–d)Programs $1,327,218 · Management $717 · Fundraising $17,785$1,345,720
IX-24e All other expensesPrograms $51,057 · Management $350$51,407
IX-25 Total functional expensesPrograms $1,400,485 · Management $12,340 · Fundraising $17,785$1,430,610
Part X · Balance sheet $941,091 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $440,110$154,582
X-2 Savings and temporary cash investmentsStart of year $481,083$764,676
X-4 Accounts receivableStart of year $5,000$0
X-9 Prepaid expenses and deferred chargesStart of year $1,810$1,833
X-15 Other assetsStart of year $25,000$20,000
X-16 Total assetsStart of year $953,003$941,091
X-17 Accounts payable and accrued expensesStart of year $225,574$141,948
X-19 Deferred revenueStart of year $226,508$291,378
X-26 Total liabilitiesStart of year $452,082$433,326
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $500,921$507,765
X-32 Total net assets or fund balancesStart of year $500,921$507,765
X-33 Total liabilities and net assetsStart of year $953,003$941,091
Part XI · Reconciliation of net assets $507,765 net assets at year end
XI-1 Total revenue$1,437,454
XI-2 Total expenses$1,430,610
XI-3 Revenue less expenses$6,844
XI-4 Net assets at start of year$500,921
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$507,765

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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