THE SPARTANBURG SOUP KITCHEN INC

EIN: 270530812 501(c)(3) Food, Agriculture & Nutrition

SPARTANBURG, SC

Total Revenue
$1,461,643
Total Expenses
$1,328,940
Total Assets
$2,206,610
Net Assets
$2,203,158
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Principal Officer
CHARLIE HODGE
Phone
8645850022
Tax Period
2024-01-01 to 2024-12-31

THE SPARTANBURG SOUP KITCHEN INC, founded in 2009, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.3M left a modest 9% surplus.

Mission

TO PROVIDE MINISTRY AND SERVICES TO PERSONS IN THE COMMUNITY SUPPLEMENTAL TO AND IN CONJUNCTION WITH THOSE SERVICES PROVIDED BY CHARITABLE ORGANZIATIONS, CHURCHES AND THE LIKE INCLUDING, BUT NOT LIMITED TO, FEEDING THOSE WHO ARE HUNGRY, WORKING TO ALLEVIATE THE ROOT CAUSES OF HUNGER IN SPARTANBURG, AND IN GENERAL RENDERING TO THE NEEDS OF THE DESTITUTE AND TOUBLED PERSON.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,460,360
Program Service Revenue $0
Investment Income $1,283
Other Revenue $0
TOTAL REVENUE $1,461,643

Expense Breakdown

Grants Paid $0
Salaries & Benefits $314,676
Fundraising Expenses $0
Program Expenses $1,250,430
Other Expenses $1,014,264
TOTAL EXPENSES $1,328,940

Year-over-Year Comparison

2024 2023 Change
Revenue $1,461,643 $1,360,701 +0.1%
Expenses $1,328,940 $1,175,228 +0.1%
Net Income $132,703 $185,473 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
20
Volunteers
100

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
$0
Total Directors
10
$31,863
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONICA FLOYD INTER EXEC D 40.00
Director
$31,863 $0 $31,863
CHARLIE HODGE CHAIRPERSON N/A
Officer
$0 $0 $0
BRANDON PACK VICE CHAIRPE N/A
Officer
$0 $0 $0
MORGAN ZELL SECRETARY N/A
Officer
$0 $0 $0
RUFUS WHITE TREASURER N/A
Officer
$0 $0 $0
DONNIE LOVE JR FACILITIES C N/A
Director
$0 $0 $0
GARY ELDER PROGRAMS CHA N/A
Director
$0 $0 $0
BILL WARDEN EQUIPMENT CH N/A
Director
$0 $0 $0
JAMES PITTS COMMUNICATIO N/A
Director
$0 $0 $0
CLAY MCDONOUGH DEVELOPMENT N/A
Director
$0 $0 $0
BRENDA FULLER MEMBER AT LA N/A
Director
$0 $0 $0
LAUREN HARVEY MEMBER AT LA N/A
Director
$0 $0 $0
UGENA WHITLOCK MEMBER AT LA N/A
Director
$0 $0 $0
DAVID STRULL MEMBER AT LA N/A
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 $1,461,643 $1,328,940 $2,206,610 $132,703
2023 $1,360,701 $1,175,228 $2,045,591 $185,473
2022 $1,213,101 $1,040,426 $1,842,324 $172,675
2021 $1,201,843 $979,869 $1,675,723 $221,974
2020 $609,241 $265,421 $1,452,630 $343,820
2019 $772,158 $761,176 $1,085,182 $10,982
2018 $914,488 $914,981 $1,073,720 $-493
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