DON RYAN CENTER FOR INNOVATION INC

EIN: 453996460 501(c)(3) Community Improvement

BLUFFTON, SC

Total Revenue
$554,270
Total Expenses
$476,771
Total Assets
$533,195
Net Assets
$392,941
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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
2011
Legal Domicile
SC
Phone
8437064546
Tax Period
2023-07-01 to 2024-06-30

DON RYAN CENTER FOR INNOVATION INC, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $554K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $477K left a modest 14% surplus.

Mission

THE DON RYAN CENTER FOR INNOVATION IS DESIGNED TO SUPPORT NEW TECHNOLOGY COMPANY FORMATION AND DEVELOPMENT IN BLUFFTON, SC. THE PROGRAM BLENDS THE ATTRIBUTES OF HANDS-ON CONSULTING SUPPORT, RESOURCE IDENTIFICATION AND AVAILABILITY, AND LONG DISTANCE LEARNING TO HELP INCREASE THE PROBABILITY OF ENTREPRENEURS, WHO WE CALL INNOVATORS, TO BE SUCCESSFUL. THIS PROGRAM LINKS INNOVATORS TO INTELLECTUAL PROPERTY, TECHNOLOGY EVALUATION, PRODUCT DEVELOPMENT SERVICES, SEED FINANCING, BUSINESS MENTORSHIP, CORPORATE RELATIONSHIPS AND RECRUITING.

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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 $527,765
Program Service Revenue $13,875
Investment Income $12,380
Other Revenue $250
TOTAL REVENUE $554,270

Expense Breakdown

Grants Paid $0
Salaries & Benefits $362,421
Fundraising Expenses $0
Program Expenses $430,052
Other Expenses $114,350
TOTAL EXPENSES $476,771

Year-over-Year Comparison

2023 2022 Change
Revenue $554,270 $875,935 -0.4%
Expenses $476,771 $796,203 -0.4%
Net Income $77,499 $79,732 0.0%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
46

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
1
$111,509
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT GREEN VICE CHAIRMAN 1.00
Director
$0 $0 $0
WALTER NESTER SECRETARY 1.00
Director
$0 $0 $0
LARRY TOOMER MAYOR 1.00
Director
$0 $0 $0
LATOYA SALTERS DIRECTOR 1.00
Director
$0 $0 $0
BERL DAVIS CHAIRMAN 1.00
Director
$0 $0 $0
MICHAEL J CZYMBOR DIRECTOR 1.00
Director
$0 $0 $0
KEVIN RYAN DIRECTOR 1.00
Director
$0 $0 $0
JIM BIGGS DIRECTOR 1.00
Director
$0 $0 $0
BERNIE TRAYWICK DIRECTOR 1.00
Director
$0 $0 $0
DAVID NELEMS EXECUTIVE DIR. 40.00
Officer
$111,509 $0 $111,509
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 No data No data No data No data
2024 $554,270 $476,771 $533,195 $77,499
2023 $875,935 $796,203 $791,308 $79,732
2022 $480,290 $428,575 $332,051 $51,715
2021 $581,387 $448,267 $306,737 $133,120
2019 $309,959 $318,497 $107,467 $-8,538
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