One Beckham Foundation EIN 84-4588359 Form 990 (PDF) Claim this org

One Beckham Foundation FY2021 filing

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Supports all school extracurricular activities, removing barriers for every child's full participation. For fiscal year 2021 it reported $152K in revenue, $132K in expenses, and $29K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Mt Pleasant, SC
Website
beckhamptso.membershiptoolkit.com
Filings
5 on file (2021–2021)
Revenue
$152KFY2021
Expenses
$132K
Net assets
$29K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-4588359 Public charity (501(c)(3)) Mt Pleasant, SC
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Supports all school extracurricular activities, removing barriers for every child's full participation.
Leadership
Jennifer Gragg · Fundraising Director
Money in and out
$152K revenue, $132K expenses
Bottom line
96% program efficiency
Where the money goes · FY2021
Total revenue
$152K
Pt VIII · Ln 12
Total expenses
$132K
Pt IX · Ln 25
Net assets
$29K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs
Operating runway
2.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$152K
FY2021
Expenses
$132K
FY2021
Total assets
$30K
FY2021
Total liabilities
$945
FY2021
Total revenue
$152K
Pt VIII · Ln 12
Total expenses
$132K
Pt IX · Ln 25
Net assets
$29K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20K
Total assetsPt X · Ln 16$30K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COne Beckham Foundation
EINHdr · item D84-4588359
Principal addressHdr · item CMt Pleasant, SC
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B94)
Ruling yearIRS BMFMay 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Fundraising Director
$0Pt VII · Sec A
Marketing Director
$0Pt VII · Sec A
Academics President
$0Pt VII · Sec A
Athletics President
$0Pt VII · Sec A
Arts President
$0Pt VII · Sec A
Principal
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See One Beckham Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $127K of program spending, described in the organization's own filed words · FY2020.
01

Athletics to foster an environment that inspires student athletes, coaches, parents, and the community to collectively create a positive and spirited atmosphere for all athletic programs

$58Kprogram expense
02

Academics (ptso)

To serve the needs of the school by assisting in service, financial support, and communication to benefit parents, teachers, staff, and students.

$38Kprogram expense
03

Arts

To enhance, promote and support our school's arts programs. For those passionate about the arts, opportunities for students to discover and develop their talents. This would include band, chorus, orchestra, performing arts (theater), and visual arts.

$31Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$137K · 90%
Other revenue$15K · 10%
Contributions & grants90%$137K
Other revenue10%$15K
Total revenueLn 12$152K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$127K
Management & general4%$6K
Total functional expensesLn 25$132K

Balance Sheet

Part X · end of year
CashLn 1$30K
Total assetsLn 16$30K
Total liabilitiesLn 26$945
Total net assetsLn 32$29K
Months of cash on handcomputed2.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $30K · Operating expenses (Pt IX) $132K · Less non-cash grants $5K · Cash operating expenses/yr $127K
2.8 months
Where the money goes
Program services
Program services $127K · Total expenses $132K
96%
Management & General
Management & general $6K · Total expenses $132K
4%
Fundraising
Fundraising $0 · Total expenses $132K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $137K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $137K · Total revenue $152K
90%
Government reliance
Government grants — · Total revenue $152K
Earned-income share
Program service revenue $0 · Total revenue $152K
0%
Investment reliance
Investment income $0 · Total revenue $152K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $132K
0%
Growth & trend
Revenue growth (YoY)
This year $152K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $29K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $152K · Expenses $132K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $30K
Net-asset ratio
Net assets $29K · Total assets $30K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $30K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jennifer Gragg · Reported title FUNDRAISING DIRECTOR · Highest reported compensation $0 · Total expenses $132K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $132K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%

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 · FY2023
Total grants receivedfrom 3 funders$31K
See all 3 funders →
Grants paid · 2 grants · $34K · 2023–2024
Unitemized GrantFY2024$18,657
Unitemized GrantFY2023$15,665

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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
FY2025 (Latest)$67K revenue · ⤓ 990 PDF
FY2024$256K revenue · ⤓ 990 PDF
FY2023$252K revenue · ⤓ 990 PDF
FY2022$184K revenue · ⤓ 990 PDF
FY2021$152K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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