Overview
What is South Carolina Virtual Education Foundation?
The South Carolina Virtual Education Foundation is a nonprofit organization situated in West Columbia, South Carolina, with a single employee. Its primary mission is to manage a property, serving as the administrative headquarters for the South Carolina Virtual Charter School. Additionally, the foundation supports virtual education in South Carolina through various approved methods, as dictated by its board. The property, which also serves as a venue for school activities like teacher development, is maintained and managed by this nonprofit organization.
Is South Carolina Virtual Education Foundation legitimate?
South Carolina Virtual Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina Virtual Education Foundation 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: $30,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,500
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What is the mission statement of South Carolina Virtual Education Foundation?
The South Carolina Virtual Education Foundation was established with a specific goal in mind: to support virtual education in South Carolina through various methods, as approved by its board. One of its primary objectives is to manage a piece of property for the benefit of the South Carolina Virtual Charter School. This property, which includes a building, serves as the administrative offices for the school and also provides a space for other educational activities, such as teacher and staff development. The foundation is responsible for managing the related expenses and upkeep of this property. In essence, its mission is to contribute to the advancement of virtual education in South Carolina in various ways, as guided by its board of directors.
Who is the CEO of South Carolina Virtual Education Foundation?
Dr Cherry Daniel is the Treasurer of South Carolina Virtual Education Foundation.
What is the revenue of South Carolina Virtual Education Foundation?
South Carolina Virtual Education Foundation's revenue in 2022 was $243,818.
Who are the executives of South Carolina Virtual Education Foundation and what are their salaries?
The average compensation at South Carolina Virtual Education Foundation during 2022 was $73,125. There is 1 employee at South Carolina Virtual Education Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $193,556
- Other: $43,186
- Compensation: $35,875
- Related: $0
- Other: $0
- Compensation: $0
- Related: $650
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for South Carolina Virtual Education Foundation?
South Carolina Virtual Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Carolina Virtual Education Foundation
The South Carolina Virtual Education Foundation, established with a primary objective, seeks to manage property on behalf of the South Carolina Virtual Charter School. This foundation's mission extends beyond property management, as it also aims to support virtual education in South Carolina through various approved methods. The foundation's initial purpose was to take ownership of certain real estate for the benefit of the South Carolina Virtual Charter School. In line with this mission, the foundation purchased land and a building, which now serves as the administrative offices for the school. Additionally, the building provides a space for various school activities, such as teacher and staff development. The foundation manages the related expenses and upkeep of this property, contributing to the overall success of virtual education in South Carolina.
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Impact
October, 2024
The South Carolina Virtual Education Foundation plays a crucial role in enhancing the educational landscape of virtual learning within the state. Its impact is evident through the acquisition and management of facilities that support the South Carolina Virtual Charter School. By purchasing land and a building in West Columbia, the foundation provides essential administrative offices, allowing for efficient school operations.
Moreover, the facility serves as a multi-purpose venue for various school activities, including teacher and staff development programs. This investment in infrastructure not only fosters a conducive environment for educators but also indirectly benefits students through improved instructional quality. The foundation's commitment to managing the property’s upkeep and related expenses ensures that the resources are well-maintained and available for educational purposes.
Through its initiatives, the foundation supports and enriches virtual education in South Carolina, demonstrating a significant commitment to advancing educational opportunities in the state. Its efforts help create a structured and supportive framework for both educators and students engaged in the virtual learning environment.
This information is meant to be a general summary of South Carolina Virtual Education Foundation. 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 2022.
- Investment Income: $3,818
- Program Service Revenue: $240,000
- Gross Receipts: $243,818
Assets and Liabilities:
- Total Assets: $4,902,372
- Total Liabilities: $7,163
- Net Assets: $4,895,209
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - AFFILIATE
Revenue
$240,000
Organization Details
Founding Year
2018
Phone
(803) 726-0170Principal Officer
Dr Cherry Daniel
Main Address
2023 PLATT SPRINGS RD, WEST COLUMBIA, SC, 29169
NTEE Category
Code: B12 - Education
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