CHARLESTON INAUGURATION COMMITTEE

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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

ROY T WILLEY IV

Phone

8436148888

Tax Period

2021-07-01 to 2022-06-30

Mission

NONPARTISAN PROMOTION OF THE INAUGERATION OF ALL OFFICALS ELECTED TO CITY OFFICES IN THE CITY OF CHARLESTON, SC, AND THE PROMOTION OF THE ARTS AND WELFARE OF THE RESIDENTS OF THE CITY OF CHARLESTON, SC.

Program Service Accomplishments

Program 1

PROMOTION OF CITY OF CHARLESTON INAUGUARTION OF CITY ELECTED OFFICIALS. NON PARTISAN CELEBRATION OF ALL OFFICIALS ELECTED TO CITY OFFICE. INITIATED JANUARY 2016 AND WILL RECUR EVERY 4 YEARS AT THE...

PROMOTION OF CITY OF CHARLESTON INAUGUARTION OF CITY ELECTED OFFICIALS. NON PARTISAN CELEBRATION OF ALL OFFICIALS ELECTED TO CITY OFFICE. INITIATED JANUARY 2016 AND WILL RECUR EVERY 4 YEARS AT THE GAILLARD CENTER AND OTHER PUBLIC LOCATIONS IN CHARLESTON, SC.

Program 2

FUNDING THE NEEDS OF IMPOVERISHED - ASSISTING THE HOMELESS. INITIATED MARCH 2016 AND IS ONGOING FOR THE FORESEEABLE FUTURE. THE PROGRAM IS TO ASSIST HOMELESS INDIVIDUALS IN CHARLESTON, SC.

Program 3

Expenses: $5,000

PROMOTION OF FINE ARTS AND COMMUNITY SUPPORT - ASSISTING LOCAL CHARITABLE ORGANIZATIONS AND PROJECTS INVOLVED WITH FINE ARTS IN THE COMMUNITY AND SUPPORT OF PUBLIC WORKS AND YOUTH DEVELOPMENT.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,000

Other Expenses $5,758

TOTAL EXPENSES $5,758

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	N/A	N/A
Expenses	$5,758	$6,325	-0.1%
Net Income	N/A	$-6,325	N/A

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

N/A

Employees

N/A

Volunteers

N/A

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
ROY T WILLEY IV	TREASURER	10.00	Officer	$0	$0	$0
JOSEPH TECKLENBURG	CHAIRMAN/SECRETARY	10.00	Officer	$0	$0	$0
PAUL TECKLENBURG	VICE-CHAIRMAN	10.00	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
2022	No data	$5,758	$10,997	No data
2021	No data	$6,325	$16,755	No data
2020	$67,350	$54,968	$23,080	$12,382
2019	No data	$622	$10,698	No data
2018	No data	$6,091	$11,320	No data