LINDSAY PETTUS GREENWAY INC

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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

2015

Legal Domicile

Principal Officer

MARK STRICKLAND

Phone

8038049248

Tax Period

2025-01-01 to 2025-12-31

LINDSAY PETTUS GREENWAY INC, founded in 2015, is a micro nonprofit in the Recreation & Sports sector that reported $96K in total revenue in fiscal year 2025. Revenue fell 95% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $42K, a strong 44% operating margin.

Mission

THE MISSION OF THE LINDSAY PETTUS GREENWAY, INC. IS TO SOLICIT, RECEIVE, MANAGE, AND DISBURSE FUNDS FOR THE DEVELOPMENT, MAINTENANCE AND OPERATIONS OF THE LINDSAY PETTUS GREENWAY IN THE CITY OF LANCASTER, SOUTH CAROLINA.

Program Service Accomplishments

Program 1

Expenses: $32,426

TO ESTABLISH AND PROMOTE GREENWAYS AND TRAILS. FUNDS WILL BE USED FOR PLANNING, BUILDING, AND MAINTAINING GREENWAYS AND TRAILS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $84,148

Program Service Revenue $0

Investment Income $11,888

Other Revenue $0

TOTAL REVENUE $96,036

Expense Breakdown

Grants Paid $8,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $32,426

Other Expenses $45,574

TOTAL EXPENSES $53,574

Year-over-Year Comparison

	2025	2024	Change
Revenue	$96,036	$1,871,636	-0.9%
Expenses	$53,574	$2,137,634	-1.0%
Net Income	$42,462	$-265,998	-1.2%

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
SHERRI GREGORY	EXECUTIVE DI	15.00	Officer	$0	$0	$0
MARK STRICKLAND	PRESIDENT	15.00	Officer Director	$0	$0	$0
KATHY SULLIVAN	SECRETARY	1.00	Officer Director	$0	$0	$0
DEAN BLANTON	TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS CLOUDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
BUDDY FAILE	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK GRIER	BOARD MEMBER	1.00	Director	$0	$0	$0
JUSTIN MCLELLAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE ROPER	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN SATTLER	BOARD MEMBER	1.00	Director	$0	$0	$0
REAGAN THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIN TINDAL	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD WARRIN	BOARD MEMBER	1.00	Director	$0	$0	$0
LAUREN THOMAS	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
2025	$96,036	$53,574	$3,830,721	$42,462
2024	$1,871,636	$2,137,634	$3,767,548	$-265,998
2023	$1,477,193	$46,178	$4,015,463	$1,431,015
2022	$1,661,935	$42,241	$2,566,233	$1,619,694
2021	$220,841	$4,657,771	$925,142	$-4,436,930
2020	$178,951	$28,592	$5,384,876	$150,359
2019	$695,667	$124,387	$5,334,196	$571,280
2018	$3,523,478	$289,617	$4,237,403	$3,233,861