BUILDING EQUITY SOONER FOR TOMORROW

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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

2004

Legal Domicile

Principal Officer

JAMES W BLAKELY JR

Phone

8643551160

Tax Period

2023-07-01 to 2024-06-30

BUILDING EQUITY SOONER FOR TOMORROW, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $16.5M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

ORGANIZED TO CONTRUCT AND RENOVATE GREENVILLE COUNTY SCHOOL DISTRICT FACILITIES.

Program Service Accomplishments

Program 1

Expenses: $16,542,963

THE ARTICLES OF INCORPORATION AND BYLAWS OF THE TAXPAYER PROVIDED THAT THE TAXPAYER HAS BEEN ORGANIZED EXCLUSIVELY TO: (1) ACQUIRE, CONSTRUCT, FINANCE, PLEDGE, IMPROVE, MAINTAIN, OPERATE, MANAGE...

THE ARTICLES OF INCORPORATION AND BYLAWS OF THE TAXPAYER PROVIDED THAT THE TAXPAYER HAS BEEN ORGANIZED EXCLUSIVELY TO: (1) ACQUIRE, CONSTRUCT, FINANCE, PLEDGE, IMPROVE, MAINTAIN, OPERATE, MANAGE, LEASE AND DISPOSE OF SCHOOL BUILDINGS AND OTHER PUBLIC EDUCATION FACILITIES FOR THE USE AND BENEFIT OF THE GREENVILLE COUNTY SCHOOL DISTRICT AND (2)ENCOURAGE AND PROMOTE THE PUBLIC EDUCATION THROUGH COOPERATIVE ARRANGEMENTS WITH GOVERNMENTAL ENTITIES AND ORGANIZATIONS EXEMPT UNDER SEC 501(C)(3) OF THE INTERNAL REVENUE CODE THAT PROVIDE PUBLIC EDUCATION IN GREENVILLE COUNTY, SC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $15,831,803

Program Service Revenue $0

Investment Income $711,160

Other Revenue $0

TOTAL REVENUE $16,542,963

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,542,963

Other Expenses $16,542,963

TOTAL EXPENSES $16,542,963

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,542,963	$14,817,044	+0.1%
Expenses	$16,542,963	$14,817,044	+0.1%
Net Income	$0	N/A	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

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

$466,854

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG WEBB	SECRETARY	0.50	Officer	$0	$66,361	$244,360
ROBIN J STACK	DIRECTOR OF	0.50	Officer	$0	$66,742	$222,494
ANDREW M JONES JR	BOARD	N/A	Director	$0	$0	$0
JAMES W BLAKELY JR	CHAIRMAN	N/A	Officer Director	$0	$0	$0
DUKE MCCALL	BOARD	N/A	Director	$0	$0	$0
WILLIAM RENNINGER	BOARD	N/A	Director	$0	$0	$0
JOSEPH F SULLIVAN	VICE CHAIRMA	N/A	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
2025	No data	No data	No data	No data
2024	$16,542,963	$16,542,963	$355,018,499	No data
2023	$14,817,044	$14,817,044	$430,210,813	No data
2022	$17,744,355	$17,744,355	$493,697,004	No data
2021	$20,542,602	$20,542,602	$575,235,010	No data
2020	$23,255,334	$23,255,334	$634,242,127	No data
2019	$26,050,290	$26,050,290	$683,220,244	No data