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Carolina Children's Charity, Inc.

6296 Rivers Ave., Suite 300
N. Charleston, SC 29406



 

Complete Report Information in this report was supplied by the nonprofit organization within the last two years.

This organization is required to file an IRS Form 990 or 990-EZ. It is a 501(c)(03) public charity.

Contact: Ms. Shannan Jones , Administrative Coordinator
Telephone: (843) 554-6222
Fax: (843) 747-7222
E-mail: admin@carolinachildren.org
Web Site: http://www.carolinachildren.org

Who We Are
Carolina Children's Charity purchases medically necessary/beneficial services for Lowcountry children with birth defects and/or diseases.

Program / Activities
Birth Defects
Fund Raising and/or Fund Distribution

How to Help
This organization is seeking funds from contributions. These funds will be used for unrestricted operating expenses, special projects and endowments.

Location(s) Served
Lowcountry South Carolina (WCBD-NBC TV-2 viewing area)

BASIC INFORMATION
EIN: 57-0878058
Fiscal Year: 2008
Assets: $1,938,766
Income: $406,519
Ruling Year: 1989
Year Founded: 1987
No. of Board Members: 13
No. of Full-time Employees: 1-5
No. of Part-time Employees: 0
No. of Volunteers: 101-500
Carolina Children's Charity, Inc. makes its audited financial statements available to the public upon request.
Mission and Programs

Mission
Carolina Children''s Charity was organized in 1987 to fight the effects of birth defects and disease for Lowcountry children.

Programs
Donations are used to cover the cost of medically necessary/beneficial services. We are one of the only remaining organizations in our area that provides direct patient aid to assist children with birth defects or disabling diseases. Funds are never paid directly to families, so we know exactly how granted funds are used. A limited number of grants are also made to organizations in our area who serve children with birth defects and diseases.
With no national or state affiliation, all of the money that is donated to Carolina Children's Charity stays in the Lowcountry to help Lowcountry children.

Additional Comments
All of our recipients must be under the age of 18 and reside within the Lowcountry. In the past, we have provided assistance to cover the costs of special equipment, medications, medically necessary evaluation and testing, disease-specific summer camps and conferences and much more to families, schools, government agencies, and hospitals, just to name a few.
We raise funds with two major special events: the Telethon and the Strut. With the help of Lowcountry firefighters and many other groups who hold special events that benefit the Charity, we are able to provide assistance to thousands of special children.
Please call the Charity office or visit our website at www.carolinachildren.org for a grant application.
Although we do ask for financial information from our applicants, it is not the sole criteria on which we base our decisions. Even the most financially stable family can be devastated by the medical costs of a special needs child.


Goals and Results

Accomplishments for Fiscal Year Ending 09/30/2005

  1. During our last fiscal year, we approved the most in new grants: $230,232 in 220 grants.
  2. With the assistance of WCBD-NBC TV-2 and the Tri-County Fire Chiefs Association, our 18th Annual Telethon raised $272,250 to support our grants to children with birth defects or disabling diseases.
  3. Instituted new signature fundraiser: SC's only 12K Run.
Objectives for Fiscal Year Beginning 10/01/2005
  1. Hire and train part-time Grants Technician.
  2. Develop PC center, giving parents access to picture and symbol software and laminating equipment
  3. Seek additional sources of funds to increase $$ to programs and reduce fundraising expenses.

Self Assessment

    We track our grants and how they are distributed by county, category (i.e., equipment, medical care, education, etc.), age, amount, month.

Financial Data

From the organization's FORM 990   Data Accuracy

Revenue and Expenses: Fiscal Year Ending September 30, 2008

  Revenue

 

  Expenses

Contributions

$310,255

Government Grants

$0

Program Services

$0

Investments

$79,521

Special Events

$16,743

Sales

$0

Other

$0

Program Services

$420,363

Administration

$66,885

Other

$45,745

 Total Expenditures

$532,993

 Total Revenue

$406,519

  NET GAIN/LOSS

$(126,474)

 
Balance Sheet: Fiscal Year Ending September 30, 2008

Notes
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

 Assets

Oct 1, 2007 

Sep 30, 2008 

Change 

Cash & Equivalent

$883,928 $453,321 $(430,607)

Accounts Receivable

$0 $0 $0

Pledges & Grants Receivable

$0 $0 $0

Receivables/Other

$0 $0 $0

Inventories for Sale or Use

$0 $0 $0

Investments/Securities

$1,481,246 $1,466,406 $(14,840)

Investments/Other

$0 $0 $0

Fixed Assets

$16,498 $19,039 $2,541

Other

$0 $0 $0

Total Assets

$2,381,672

$1,938,766

$(442,906)

       

 Liabilities

Oct 1, 2007 

Sep 30, 2008 

Change 

Accounts Payable

$1,465 $0 $(1,465)

Grants Payable

$0 $0 $0

Deferred Revenue

$0 $0 $0

Loans and Notes

$0 $0 $0

Tax-Exempt Bond Liabilities

$0 $0 $0

Other

$0 $0 $0

Total Liabilities

$1,465

$0

$(1,465)

 

 FUND BALANCE

$2,380,207

$1,938,766

$(441,441)



Leaders of the Organization

Chief Executive Profile

Board of Directors
Harry Matson Prudence Finn
Thomas Contreras Renee Contreras
Leah Ladue Amy Hovatter Hardee
Sonya Beale Jack Callahan
Wendy Puthuff Angela Slade
Larry Schrecker Jane Locke
Joe Jerome  


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