PALMETTO AGRIBUSINESS COUNCIL (EIN 562169719) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Phone

8032569099

Tax Period

2024-01-01 to 2024-12-31

PALMETTO AGRIBUSINESS COUNCIL, founded in 1999, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $275K in total revenue in fiscal year 2024. Expenses of $237K left a modest 14% surplus.

Mission

To define and promote a common agenda to sustain the economic viability of South Carolinas agribusiness industry.

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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 (2024)

Revenue Breakdown

Contributions & Grants $262,215

Program Service Revenue $0

Investment Income $13,063

Other Revenue $0

TOTAL REVENUE $275,278

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,500

Fundraising Expenses $0

Program Expenses $8,608

Other Expenses $184,165

TOTAL EXPENSES $236,665

Year-over-Year Comparison

	2024	2023	Change
Revenue	$275,278	$257,979	+0.1%
Expenses	$236,665	$240,908	0.0%
Net Income	$38,613	$17,071	+1.3%

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

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
Bryant Sansbury	Chairman	2.00	Officer	$0	$0	$0
Lori Anne Carr	Vice Chairman	2.00	Officer	$0	$0	$0
Travis Avant	SecretaryTreasurer	2.00	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
2024	$275,278	$236,665	$425,298	$38,613
2023	$257,979	$240,908	$386,685	$17,071
2022	$252,180	$220,700	$369,614	$31,480
2021	$250,251	$183,667	$338,134	$66,584
2020	$218,511	$171,217	$271,550	$47,294

PALMETTO AGRIBUSINESS COUNCIL