FOOD FOR THE SOUL-KERSHAW COUNTY INC

EIN: 264244051 501(c)(3) Education

CAMDEN, SC

Total Revenue
$518,680
Total Expenses
$602,543
Total Assets
$615,723
Net Assets
$537,526
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
SC
Principal Officer
TINA GRIGGS
Phone
8034320951
Tax Period
2023-01-01 to 2023-12-31

FOOD FOR THE SOUL-KERSHAW COUNTY INC, founded in 2009, is a small nonprofit in the Education sector that reported $519K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $603K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO END HUNGER AND HOMELESSNESS IN KERSHAW COUNTY BY BUILDING AND SUPPORTING A COLLOBORATIVE NETWORK OF SERVICES AND MINISTRIES THAT ADDRESS THESE NEEDS IN AN EFFECTIVE, EFFICIENT, AND CHRIST-LIKE MANNER

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $497,695
Program Service Revenue $0
Investment Income $2,952
Other Revenue $18,033
TOTAL REVENUE $518,680

Expense Breakdown

Grants Paid $0
Salaries & Benefits $362,939
Fundraising Expenses $0
Program Expenses $513,056
Other Expenses $239,604
TOTAL EXPENSES $602,543

Year-over-Year Comparison

2023 2022 Change
Revenue $518,680 $587,245 -0.1%
Expenses $602,543 $716,431 -0.2%
Net Income $-83,863 $-129,186 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
22
Volunteers
N/A

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
4
$55,000
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TINA GRIGGS EXECUTIVE DI 40.00
Officer
$55,000 $0 $55,000
TIM BORDNER CHAIR 1.00
Officer Director
$0 $0 $0
DEBBIE BRANHAM BOARD MEMBER 1.00
Director
$0 $0 $0
JOANNA CRAIG VICE CHAIR 1.00
Officer Director
$0 $0 $0
MARIA CUNNINGHAM BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN DEVORS BOARD MEMBER 1.00
Director
$0 $0 $0
ED GARRISON SECRETARY 1.00
Officer Director
$0 $0 $0
REV FRANK GRIFFITH CHAIRMAN EME 1.00
Director
$0 $0 $0
MICHELE HINSON IMMEDIATE PA 1.00
Director
$0 $0 $0
BRENDEN HINTON BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS KNOTTS BOARD MEMBER 1.00
Director
$0 $0 $0
MARY MCDONALD BOARD MEMBER 1.00
Director
$0 $0 $0
PATTY ROSE BOARD MEMBER 1.00
Director
$0 $0 $0
ED WRIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $518,680 $602,543 $615,723 $-83,863
2022 $587,245 $716,431 $670,427 $-129,186
2021 $539,332 $427,151 $795,656 $112,181
2020 $433,695 $317,303 $678,149 $116,392
2019 $349,836 $242,996 $525,241 $106,840
2018 $221,274 $235,592 $421,743 $-14,318
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