John De La Howe School Foundation EIN 52-2376745 Form 990 (PDF) Claim this org

John De La Howe School Foundation

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Supports the South Carolina Governor's School for Agriculture. For fiscal year 2024 it reported $309K in revenue, $195K in expenses, and $364K in net assets.Pt I

Founded
2002
Type
Public charity (501(c)(3)) · Education
Location
McCormick, SC
Website
www.jdlhfoundation.com
Filings
3 on file (2022–2024)
Revenue
$309KFY2024
Expenses
$195K
Net assets
$364K
People
16
Filings
3
Updates
0
More identity details & actions ⌄
EIN  52-2376745 Public charity (501(c)(3)) McCormick, SC Founded 2002
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports the South Carolina Governor's School for Agriculture.
Leadership
Stacie Smith · Executive Di · $84K
Money in and out
$309K revenue, $195K expenses
Bottom line
93% program efficiency
Where the money goes · FY2024
Total revenue
$309K
Pt VIII · Ln 12
Total expenses
$195K
Pt IX · Ln 25
Net assets
$364K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $114K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07 Fundraising $0.00
Program efficiency
93%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
22.5mo
months of highly liquid reserves at operating expense rate▲ +38% vs prior filing year
Surplus margin
+37%
revenue over expenses, this year▲ +0.6% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$309K
FY2024▲ +4%
Expenses
$195K
FY2024▲ +3%
Total assets
$366K
FY2024▲ +43%
Total liabilities
$2K
FY2024▲ +70%
Total revenue
$309K
Pt VIII · Ln 12
Total expenses
$195K
Pt IX · Ln 25
Net assets
$364K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$114K
Total assetsPt X · Ln 16$366K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

2 program services account for $180K of program spending, described in the organization's own filed words · FY2024.
01

During FY25, the foundation provided funding to the SC governor's school for agriculture for school equipment and supplies, student activities, and library resources.

$173Kprogram expense
02

During FY25, the foundation provided funds for the SC governor's school for agriculture to use for student scholarships.

$8Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJohn De La Howe School Foundation
EINHdr · item D52-2376745
Principal addressHdr · item CMcCormick, SC
WebsiteHdr · item Jwww.jdlhfoundation.com
Year of formationHdr · item L2002
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B11)
Ruling yearIRS BMFJun 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$83,727Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director Fro
$0Pt VII · Sec A
Director Fro
$0Pt VII · Sec A

Stacie Smith’s $84K as Executive Di is at the 75th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024
Stacie Smith$83,727$80,290

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$288K · 93%
Other revenue$17K · 5%
Investment income$4K · 1%
Contributions & grants93%$288K
Other revenue5%$17K
Investment income1%$4K
Total revenueLn 12$309K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07 Fundraising $0.00
Program services93%$180K
Management & general7%$15K
Fundraising$20
Total functional expensesLn 25$195K

Balance Sheet

Part X · end of year
CashLn 1$265K
Total assetsLn 16$366K
Total liabilitiesLn 26$2K
Total net assetsLn 32$364K
Months of cash on handcomputed16.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $366K · Operating expenses/yr $195K
22.5 months
Where the money goes
Program services
Program services $180K · Total expenses $195K
93%
Management & General
Management & general $15K · Total expenses $195K
7%
Fundraising
Fundraising $20 · Total expenses $195K
0.01%
Cost to raise $1
Fundraising expense (2-yr avg) $210 · Solicited contributions (2-yr avg) $291K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $288K · Total revenue $309K
93%
Government reliance
Government grants — · Total revenue $309K
Earned-income share
Program service revenue $0 · Total revenue $309K
0%
Investment reliance
Investment income $4K · Total revenue $309K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $195K
0%
Growth & trend
Revenue growth (YoY)
This year $309K · Prior year $298K
+4%
Net-asset trend (YoY)
End of year $364K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $309K · Expenses $195K
+37%
Liabilities-to-Assets
Total liabilities — · Total assets $366K
Net-asset ratio
Net assets $364K · Total assets $366K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $101K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $366K
28%
People & payroll
Highest Reported Total Compensation
Individual Stacie Smith · Reported title EXECUTIVE DI · Highest reported compensation $84K · Total expenses $195K
43%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $195K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio <0.01%
Revenue growth 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$33K
Grants paid · 4 grants · $362K · 2023–2024
Sc Governor's School for AgricultFY2024$172,626
Sc Governor's School for AgricultFY2024$7,674
Sc Governor's School for AgricultFY2023$137,833
Sc Governor's School for AgricultFY2023$43,680

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$298K revenue · ⤓ 990 PDF
FY2023$134K revenue · ⤓ 990 PDF
FY2022$193K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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