TO HELP COMMUNITIES INCREASE THEIR CAPACITY TO ENSURE A QUALITY EDUCATION FOR THE SUCCESS OF EVERY CHILD THROUGH THE IMPLEMENTATION OF SIAP'S PK-16 MODEL FOR EDUCATION--THE FOUR COMPONENTS OF WHICH ARE SITE/COMMUNITY DEVELOPMENT, PROFESSIONAL DEVELOPMENT FOR EDUCATORS, YOUTH LEADERSHIP DEVELOPMENT, AND INSTITUTES OF HIGHER LEARNING PARTNERSHIPS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$77K
+41.3% YoY
Revenue
$556K
+20.2% YoY
Net Investment Income
—
Expenses
$536K
+7.3% YoY
About Southern Initiative of the Algebra
Based on IRS filings
Southern Initiative of the Algebra is a nonprofit organization focused on Education, based in SUMMERVILLE, SC. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $77K in total assets.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $76,875 | $54,388 | $119,970 |
| Revenue | $556,149 | $462,809 | $349,503 |
| Expenses | $536,450 | $499,809 | $586,329 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JON HALE | BOARD MEMBER | 1.5 | — |
| DAVID J DENNIS SR | EXECUTIVE DIRECTOR | 40 | $89,100 |
| ERNEST JONES | CHAIRMAN OF THE BOARD | 2 | — |
| RENEE HILL | VICE CHAIRMAN OF THE BOARD | 2 | — |
| ERNEST BROOKS | TREASURER OF THE BOARD | 2 | — |
| LAKSHMI SRIDARAN | SECRETARY OF THE BOARD | 1.25 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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