Center of Higher Development

Nonprofit profile at a glance

EIN
273040549
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
North Charleston, SC, USA
Phone
8432250970
Rating confidence
Limited
Sector
Adult, Continuing Education

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • MYRA GILLESPIE-CORLEY (CEO)

People named in this filing

  • MYRA GILLESPIE-CORLEY (CEO)
  • WORTH E CORLEY (OFFICER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Center of Higher Development, Inc. (COHD) is a non for profit organization that provides General Education Development preparation, computer and tax training, job readiness skills, practical life skills, ed. classes & resources via classroom lecture settings and technology.

What it reported doing in 2024

2020 Jan: Wealth Building Class held, 7 present. Featured Financial Planner J.Briggs, Total Life Changes. All Classes on hold due to Covid 19, until further notice. No fees collected this season. Jan 2021- CEO passed state exam for LPC, Now LPCA. Center of Higher Development operates at the same site as the CEOs primary business. Utilities and supplies are provided at none to little expense, at this time. Jan-Dec 2021: Individual computer training was provided to one member x5 sessions, GED guidance, testing info provided as needed to several individuals. 2022 Was a productive year as our GED instructor, Mr. Vega-Sanabria, trained 4 students in Social Studies, Economics, Geography, American/World History, Reading Comprehension logging more than 61 hours with students from 28 Feb - 29 Aug $405 was received, $405 was paid to Mr. Vega for his services. Students were adequately prepared to test, however, the results of their actual testing with the local Adult Learning Center is difficult to obtain until we actually partner with them,

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 83
  • Accountability: 30
  • Sustainability: NotEnoughData
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 83.3%; rating input score 83; 4th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 1 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.