Overview
What is Local Boys Do Good?
Local Boys Do Good is a nonprofit organization situated in Greenville, South Carolina. Their primary mission is to support local charities in the Upstate region of South Carolina, specifically those focused on food, health, and sustenance; education through the performing arts or otherwise; and children's welfare. They achieve this goal by promoting tourism in the Upstate area, showcasing its culinary and arts scene, and distributing the earned funds to eligible non-profit organizations in these three areas. The organization operates with a small team of seven dedicated individuals.
Official website here: www.euphoriagreenville.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
Local Boys Do Good has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its financial practices and accountability. While the organization scores well in areas such as having a fully independent board and maintaining proper financial statements, it falls short in critical areas that affect donor trust and transparency.
The nonprofit's accountability and finance score is notably low at 48%. It lacks essential policies such as a whistleblower policy and document retention policy, which are crucial for maintaining organizational integrity and transparency. Additionally, the absence of the tax form on its website raises concerns about public access to important financial information.
Moreover, the organization has a concerning liabilities to assets ratio of 0.51% and a relatively low program expense ratio of 44.63%. These figures suggest that a significant portion of its resources may not be directed towards its programs, which is a key consideration for potential donors. Overall, while Local Boys Do Good shows strengths in governance, its financial accountability issues could deter support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Local Boys Do Good legitimate?
Local Boys Do Good is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local Boys Do Good submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
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Other Salaries and Wages: $243,556
For more financial information, click here
Official website here: www.euphoriagreenville.com
What is the mission statement of Local Boys Do Good?
Local Boys Do Good is an organization with a mission to promote tourism in the upstate region of South Carolina, specifically appealing to food, wine, and music enthusiasts. They aim to showcase the thriving culinary and arts community in the area. A significant aspect of their mission is to channel the proceeds from their activities towards supporting local non-profit organizations that focus on food-related issues, music education, and children's welfare. In essence, Local Boys Do Good serves as a conduit for funding to various charities in the upstate area, contributing to causes related to sustenance, music education, and children's well-being.
Official website here: www.euphoriagreenville.com
What is the revenue of Local Boys Do Good?
Local Boys Do Good's revenue in 2023 was $597,161.
Official website here: www.euphoriagreenville.com
Who are the executives of Local Boys Do Good and what are their salaries?
The average compensation at Local Boys Do Good during 2023 was $27,062. There are 9 employees and 125 volunteers at Local Boys Do Good.
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Official website here: www.euphoriagreenville.com
Where can I find the form 990 for Local Boys Do Good?
Local Boys Do Good's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.euphoriagreenville.com
Learn more at the official website: www.euphoriagreenville.com
Mission Statement of Local Boys Do Good
Local Boys Do Good is an organization with a mission to promote tourism in the upstate region of South Carolina, particularly appealing to food, wine, and music enthusiasts. The non-profit aims to highlight the culinary and arts community in the area, showcasing the rich talent and offerings within this niche. One of its primary objectives is to grant proceeds to benefit local non-profit organizations that align with three key areas: food (sustainance, hunger, and health), educating through music (performing arts or otherwise), and supporting children. By doing so, Local Boys Do Good seeks to contribute to the betterment of the community, leveraging its platform to engage with and support various charitable initiatives.
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Impact
July, 2024
Local Boys Do Good promotes tourism in the Upstate region of South Carolina to food, wine, and music enthusiasts. They highlight the culinary and arts community of the area and provide funding for local charities related to sustenance, education through music, and supporting children. Their impact is seen through the grants they provide to local non-profit organizations, benefiting the community in areas of food, art, and music. Their efforts contribute to the vibrancy and support of these key sectors in the Upstate region, enriching the lives of those involved.
This information is meant to be a general summary of Local Boys Do Good. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $29,048
- Gross Receipts: $1,282,867
Assets and Liabilities:
- Total Assets: $1,018,248
- Total Liabilities: $9,323
- Net Assets: $1,008,925
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Organization Details
Founding Year
2006
Principal Officer
Kim Eades
Website
www.euphoriagreenville.comNTEE Category
Code: T12 - Philanthropy
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