GREENVILLE REVITALIZATION CORP

EIN: 552447308 501(c)(3)

GREENVILLE, SC

Total Revenue
$-55,572
Total Expenses
$30,378
Total Assets
$1,911,996
Net Assets
$1,906,096
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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
2012
Legal Domicile
SC
Principal Officer
LAWSON WETLI
Phone
8642429801
Tax Period
2023-01-01 to 2023-12-31

GREENVILLE REVITALIZATION CORP, founded in 2012, is a micro nonprofit that reported $56K in total revenue in fiscal year 2023. Revenue fell 131% from the prior year — a significant decline worth monitoring.

Mission

TO ACT AS THE ECONOMIC DEVELOPMENT ARM OF THE GCRA BY BRINGING ECONOMIC OPPORTUNITY TO DISADVANTAGED AREAS OF GREENVILLE COUNTY.

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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 $7,532
Program Service Revenue $0
Investment Income $-32,295
Other Revenue $-30,809
TOTAL REVENUE $-55,572

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $27,904
Other Expenses $30,378
TOTAL EXPENSES $30,378

Year-over-Year Comparison

2023 2022 Change
Revenue $-55,572 $181,216 -1.3%
Expenses $30,378 $199,803 -0.8%
Net Income $-85,950 $-18,587 +3.6%
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

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Governance

Voting Members
2
Independent Members
2
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TREY GARDNER DIRECTOR 1.00
Director
$0 $0 $0
LAWSON WETLI BOARD CHAIR 1.00
Officer 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
2024 No data No data No data No data
2023 $-55,572 $30,378 $1,911,996 $-85,950
2022 $181,216 $199,803 $1,971,500 $-18,587
2021 $372,347 $91,084 $1,989,792 $281,263
2020 $51,538 $81,847 $1,700,493 $-30,309
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