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 2024.
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
Frequently Asked Questions
What is Southern Initiative of the Algebra?
Southern Initiative of the Algebra is a nonprofit organization focused on Education, based in SUMMERVILLE, SC. It holds $77K in total assets as of 2024.
How large is Southern Initiative of the Algebra?
As of 2024, Southern Initiative of the Algebra holds $77K in total assets with $556K in annual revenue.
Where does Southern Initiative of the Algebra operate?
Southern Initiative of the Algebra has awarded grants in Massachusetts.
What is Southern Initiative of the Algebra's EIN?
Southern Initiative of the Algebra's EIN (Employer Identification Number) is 45-0472837. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Southern Initiative of the Algebra's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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