Mount Pleasant, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Meet The Needs Charleston, founded in 2009, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 6% surplus.
TO ELIMINATE SOME OF THE BURDEN THE AREA SOUP KITCHENS AND SHELTERS ARE FACING IN TODAYS ECONOMIC ENVIRONMENT AND TO ADMINISTER AN EDUCATIONAL PROGRAM IN AREA HIGH SCHOOLS THAT PROVIDES JOB READINESS TRAINING FOR INDIVIDUALS WHO WISH TO ENTER THE HOSPITALITY WORKFORCE.
The goal of Feed the Need Charleston is to support organizations involved in feeding at-risk residents of the greater Charleston area, including One80Place, Neighbors Together, and Neighborhood...
The goal of Feed the Need Charleston is to support organizations involved in feeding at-risk residents of the greater Charleston area, including One80Place, Neighbors Together, and Neighborhood House. This initiative is accomplished by fund raising events throughout the year, including, but not limited to Dining For A Cause, and FTN Kiawah Island Golf Outing. These events are made possible through the assistance of many local food and beverage professionals which support Feed the Need Charleston in achieving our fundraising goals. In addition, Feed the Need Charleston supports job training programs aimed at assisting people in finding opportunities to better their lives.
Teach the Need, a recently launched initiative, is providing a 6-week restaurant skills curriculum to students in eight area, Title I high schools. The goal is to help these young adults develop the...
Teach the Need, a recently launched initiative, is providing a 6-week restaurant skills curriculum to students in eight area, Title I high schools. The goal is to help these young adults develop the skills and confidence needed to secure - and keep - jobs in the food and beverage industry.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,085,416 | $886,125 | +0.2% |
| Expenses | $1,017,292 | $852,841 | +0.2% |
| Net Income | $68,124 | $33,284 | +1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dixon Woodward | Treasurer | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Ellen Gansen | Secretary | 5.0 |
Officer
Director
|
$34,583 | $0 | $34,583 |
| Michael Bakst | President | 10.0 |
Officer
Director
|
$65,000 | $0 | $65,000 |
| Steve Palmer | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,085,416 | $1,017,292 | $207,685 | $68,124 |
| 2024 | $886,125 | $852,841 | $141,265 | $33,284 |
| 2023 | $901,643 | $847,674 | $108,050 | $53,969 |
| 2022 | $870,683 | $849,188 | $52,308 | $21,495 |
| 2021 | $308,753 | $417,971 | $30,813 | $-109,218 |
| 2020 | $827,986 | $706,772 | $142,828 | $121,214 |
| 2019 | $494,976 | $504,860 | $18,818 | $-9,884 |
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