PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Francis Marion University Development Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Nonmonetary Support N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$6.73M (2023)

Expenses
$5.71M (2023)

Total Assets
$27.6M (2023)

Total Liabilities
$16M (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,730,208
Expenses
$5,710,871
Net Income
$1,019,337
Net Assets
$11,572,345
Notable Sources of Revenue Percent of Total Revenue
Contributions $343,100
5.1%
Program Services $6,301,609
93.6%
Investment Income $85,499
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,437
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $433,161
7.6%
Assets/Debt
Total Assets $27,620,215
Total Liabilities $16,047,870
Net Assets $11,572,345
Compensation
Key Employees and Officers Compensation Related Other
Darryl Bridges (Board Member) $0 $155,551 $49,340
Jay Kispert (Chairman) $0 $0 $0
James Harrell (Board Member) $0 $0 $0
Ken Jackson (Board Member) $0 $0 $0
Paul Seward (Board Member) $0 $0 $0
Haieasha Singletary (Executive Di) $0 $48,985 $22,084

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,663,284
Expenses
$5,208,103
Net Income
$1,455,181
Net Assets
$10,553,008
Notable Sources of Revenue Percent of Total Revenue
Contributions $235,362
3.5%
Program Services $6,425,529
96.4%
Investment Income $2,393
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $17,929
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $346,886
6.7%
Assets/Debt
Total Assets $27,512,259
Total Liabilities $16,959,251
Net Assets $10,553,008
Compensation
Key Employees and Officers Compensation Related Other
Darryl Bridges (Board Member) $0 $144,096 $61,339
Jay Kispert (Chairman) $0 $0 $0
James Harrell (Board Member) $0 $0 $0
Ken Jackson (Board Member) $0 $0 $0
Paul Seward (Board Member) $0 $0 $0
Haieasha Singletary (Executive Di) $0 $45,284 $4,871
Erika Cook (Executive Di) $0 $44,880 $28,000

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,587,347
Expenses
$4,956,596
Net Income
$1,630,751
Net Assets
$9,097,827
Notable Sources of Revenue Percent of Total Revenue
Contributions $637,637
9.7%
Program Services $5,918,529
89.8%
Investment Income $31,181
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $203,455
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $167,218
3.4%
Assets/Debt
Total Assets $27,042,578
Total Liabilities $17,944,751
Net Assets $9,097,827
Compensation
Key Employees and Officers Compensation Related Other
James Harrell (Board Member) $0 $0 $0
Floyd Keels (Board Member) $0 $0 $0
Darryl Bridges (Board Member) $0 $142,536 $12,189
Cathy Frederick (Board Member) $0 $0 $0
Jay Kispert (Chairman) $0 $0 $0
Erika Cook (Executive Director) $0 $60,919 $12,189

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,292,316
Expenses
$5,217,335
Net Income
$1,074,981
Net Assets
$7,467,076
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,182,199
98.2%
Investment Income $110,117
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,120,149
Total Liabilities $18,653,073
Net Assets $7,467,076
Compensation
Key Employees and Officers Compensation Related Other
James Harrell (Board Member) $0 $0 $0
Floyd Keels (Vice Chairman) $0 $0 $0
Darryl Bridges (Treasurer) $0 $141,312 $41,950
Cathy Lee (Secretary) $0 $0 $0
Erika Cook (Executive Director) $0 $64,168 $25,432

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,198,317
Expenses
$5,754,171
Net Income
$444,146
Net Assets
$6,392,095
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,090,664
98.3%
Investment Income $107,653
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,314,567
Total Liabilities $19,922,472
Net Assets $6,392,095
Compensation
Key Employees and Officers Compensation Related Other
James Harrell (Board Member) $0 $0 $0
John Kispert (Treasurer) $0 $157,780 $31,470
Floyd Keels (Vice Chairman) $0 $0 $0
Lauren Stanton (Secretary) $0 $0 $0
Perry Grice (Chairman) $0 $0 $0
Erika Cook (Executive Director) $0 $61,341 $23,535

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,832,862
Expenses
$5,353,349
Net Income
$1,479,513
Net Assets
$6,100,413
Notable Sources of Revenue Percent of Total Revenue
Contributions $410,000
6.0%
Program Services $6,399,973
93.7%
Investment Income $22,889
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,266,973
Total Liabilities $20,166,560
Net Assets $6,100,413
Compensation
Key Employees and Officers Compensation Related Other
John Kispert (Treasurer) $0 $181,702 $32,546
Floyd Keels (Vice Chairpe) $0 $0 $0
Paul Seward (Secretary) $0 $0 $0
Kathy Heustess (Director) $0 $0 $0
Perry Grice (Chairman) $0 $0 $0
Erika S Cook (Executive Di) $0 $52,861 $20,539

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,580,229
Expenses
$7,614,988
Net Income
-$1,034,759
Net Assets
$4,620,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $247,500
3.8%
Program Services $6,323,325
96.1%
Investment Income $9,239
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $165
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $25,591,221
Total Liabilities $20,970,321
Net Assets $4,620,900
Compensation
Key Employees and Officers Compensation Related Other
John Kispert (Treasurer) $0 $151,488 $25,354
Gail Richardson (Vice Chairpe) $0 $0 $0
Paul Seward (Secretary) $0 $0 $0
Kathy Heustess (Director) $0 $0 $0
Sompong Kraikit (Chairman) $0 $0 $0
Erika S Cook (Executive Di) $0 $48,436 $18,282

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,603,823
Expenses
$6,286,013
Net Income
$317,810
Net Assets
$5,655,659
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,598,844
99.9%
Investment Income $3,794
0.1%
Bond Proceeds $1,185
0.0%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,000
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,206,119
Total Liabilities $22,550,460
Net Assets $5,655,659
Compensation
Key Employees and Officers Compensation Related Other
John Kispert (Treasurer) $0 $148,328 $25,830
Gail Richardson (Vice Chairpe) $0 $0 $0
Paul Seward (Secretary) $0 $0 $0
Kathy Heustess (Director) $0 $0 $0
Sompong Kraikit (Chairman) $0 $0 $0
Howard Lundy (Executive Di) $0 $83,301 $18,492
Erika S Cook (Executive Di) $0 $41,897 $19,061

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,400,466
Expenses
$5,709,823
Net Income
$690,643
Net Assets
$5,489,706
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,396,947
99.9%
Investment Income $2,732
0.0%
Bond Proceeds $787
0.0%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $53,085
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,702,504
Total Liabilities $23,212,798
Net Assets $5,489,706
Compensation
Key Employees and Officers Compensation Related Other
John Kispert (Treasurer Of The Board) $0 $143,916 $24,515
Gail Richardson (Director) $0 $0 $0
Hal Campbell (Secretary Of The Board) $0 $0 $0
Leroy Nettle (Director) $0 $0 $0
Hood Temple (Chairman Of The Board) $0 $0 $0
Howard Lundy (Executive Director) $0 $135,485 $27,249

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,284,288
Expenses
$5,462,457
Net Income
$821,831
Net Assets
$4,799,063
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,277,129
99.9%
Investment Income $6,295
0.1%
Bond Proceeds $864
0.0%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,641,761
Total Liabilities $23,842,698
Net Assets $4,799,063

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,399,236
Expenses
$5,173,888
Net Income
$1,225,348
Net Assets
$3,977,232
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,385,567
99.8%
Investment Income $12,805
0.2%
Bond Proceeds $864
0.0%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $44,318
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,461,810
Total Liabilities $24,484,578
Net Assets $3,977,232

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,217,531
Expenses
$7,243,151
Net Income
-$1,025,620
Net Assets
$2,751,884
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,199,767
99.7%
Investment Income $16,896
0.3%
Bond Proceeds $868
0.0%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $41,259
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $27,848,221
Total Liabilities $25,096,337
Net Assets $2,751,884

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »