HORRY COUNTY HISTORICAL SOCIETY

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Tax Period

2019-01-01 to 2019-12-31

HORRY COUNTY HISTORICAL SOCIETY, founded in 1970, is a micro nonprofit that reported $24K in total revenue in fiscal year 2019. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $23K left a modest 5% surplus.

Mission

The preservation of Horry County History, Historical Structures, and the education of its people regarding its distinct history

Program Service Accomplishments

Program 1

Expenses: $13,042

The preservation of Horry County History and Historical Structures as well as the education of its people regarding its distinct history.

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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%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $24,329

Program Service Revenue $132

Investment Income $16

Other Revenue $0

TOTAL REVENUE $24,477

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,042

Other Expenses $23,237

TOTAL EXPENSES $23,237

Year-over-Year Comparison

	2019	2018	Change
Revenue	$24,477	$18,950	+0.3%
Expenses	$23,237	$20,884	+0.1%
Net Income	$1,240	$-1,934	-1.6%

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

Financial Distress Indicator

Liquidity & Cash Position

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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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Irene Booth	Board Member	0.00	Director	$0	$0	$0
HT Abbott III	Board Member	0.00	Director	$0	$0	$0
Christopher Boyle	Board Member	0.00	Director	$0	$0	$0
James B Thompkins	Board Member	0.00	Director	$0	$0	$0
Deborah Allen Vrooman	Treasurer	0.00	Officer	$0	$0	$0
Ben Burroughs	President	1.00	Officer	$0	$0	$0
Carlisle E Dawsy	Vice President	0.00	Officer	$0	$0	$0
Jody L Nyers Jr	Secretary	1.00	Officer	$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
2019	$24,477	$23,237	$554,908	$1,240
2018	$8,950	$20,884	$553,668	$-11,934
2017	$14,280	$25,802	$565,602	$-11,522