SOUTH CAROLINA ASSOCIATION OF CPAS EDUCATIONAL FUND (EIN 237037145) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1964

Legal Domicile

Principal Officer

JACQUELYN M CURTIN CPA

Phone

8037914181

Tax Period

2024-07-01 to 2025-06-30

SOUTH CAROLINA ASSOCIATION OF CPAS EDUCATIONAL FUND, founded in 1964, is a small nonprofit that reported $112K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19K, a strong 17% operating margin.

Mission

THE MISSION OF THE SOUTH CAROLINA ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS EDUCATIONAL FUND, INC., IS TO INSPIRE STUDENTS TO PURSUE CAREERS IN ACCOUNTING AND TO PROVIDE OPPORTUNITIES FOR ASPIRING ACCOUNTING STUDENTS ATTENDING SOUTH CAROLINA COLLEGES AND UNIVERSITIES TO ATTAIN THE CPA STATUS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $51,958

Program Service Revenue $0

Investment Income $59,696

Other Revenue $0

TOTAL REVENUE $111,654

Expense Breakdown

Grants Paid $91,570

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $91,570

Other Expenses $1,488

TOTAL EXPENSES $93,058

Year-over-Year Comparison

	2024	2023	Change
Revenue	$111,654	$66,333	+0.7%
Expenses	$93,058	$78,669	+0.2%
Net Income	$18,596	$-12,336	-2.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$184,495

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUANN S HUNDLEY CPA	CHAIR	1.00	Officer Director	$0	$0	$0
JAMES D BARNES CPA CGMA	TRUSTEE	1.00	Director	$0	$0	$0
JOHN C BATES CPA	TRUSTEE	1.00	Director	$0	$0	$0
MEREDITH C LANTZ CPA	TRUSTEE	1.00	Director	$0	$0	$0
WENDY M REDMON CPA	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH G WESTBURY CPA	TRUSTEE	1.00	Director	$0	$0	$0
JACQUELYN M CURTIN CPA	STAFF LIASON	1.00	Director	$0	$23,816	$184,495

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$111,654	$93,058	$1,046,983	$18,596
2024	$66,333	$78,669	$999,026	$-12,336
2023	$40,573	$59,655	$954,050	$-19,082
2022	$114,277	$79,674	$922,807	$34,603

SOUTH CAROLINA ASSOCIATION OF CPAS EDUCATIONAL FUND