Lake WylieClover MayDay Project

Nonprofit profile at a glance

EIN
454146499
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024, Form 990-N 2016
Location
Lake Wylie, SC, USA
Phone
8038316590
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Children's, Youth Services

Reported finances

Revenue
$138,498
Expenses
$118,667
Assets
$230,474
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • ROSEANN STICHNOTH (VICE PRESIDENT)
  • WAYNE LYNCH (PRESIDENT)

People named in this filing

  • ROSEANN STICHNOTH (VICE PRESIDENT)
  • WAYNE LYNCH (PRESIDENT)
  • STEVE GAVER (DIRECTOR)

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

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

Overview

Mission

The lake wylie/clover mayday project shall exist and be operated for the purposes of enhancing the quality of life of homeless and other needy children in clover, South Carolina school district, their families and families in york county with an emphasis on urgent or unexpected needs.

What it reported doing in 2024

The project raises money to support children and their families and others in the local community.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 100
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.9%; rating input score 80
  • Program expense ratio: 91.8%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 14.3%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 1.94; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 14.5% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 16.8% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 24.1% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 79.9% of revenue deployed · 91.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $109K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2017 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.