Leroy Springs & Company Inc

EIN: 570344121 501(c)(3) Recreation & Sports

Fort Mill, SC

Total Revenue
$24,742,711
Total Expenses
$20,409,353
Total Assets
$107,981,846
Net Assets
$105,436,994
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
SC
Principal Officer
John Gordon
Phone
8035471000
Tax Period
2023-01-01 to 2023-12-31

Leroy Springs & Company Inc, founded in 1938, is a mid-sized nonprofit in the Recreation & Sports sector that reported $24.7M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.3M, a strong 18% operating margin.

Mission

The Corporation, effectively lessening the burdens of government, provides and operates facilities and open space in order to promote the physical and mental health and wellness of the community and foster positive community values. Its high quality, affordable programs provide opportunities for all to enjoy recreational, educational, and community activities, while preserving and interpreting local history and encouraging environmental stewardship. Though we expect our programs to most benefit the inhabitants of Fort Mill Township and Lancaster and Chester counties, we welcome all to enjoy our facilities and programs.

Program Service Accomplishments

Program 1
Expenses: $17,559,956 Revenue: $20,594,344

Leroy Springs & Company, Inc. was incorporated on November 23, 1938, under the laws of the state of South Carolina as an eleemosynary corporation. The Corporation, effectively lessening the burdens...

Read more

Leroy Springs & Company, Inc. was incorporated on November 23, 1938, under the laws of the state of South Carolina as an eleemosynary corporation. The Corporation, effectively lessening the burdens of government, provides and operates facilities and open space in order to promote the physical and mental health and wellness of the community and foster positive community values. Its high quality,affordable programs provide opportunities for all to enjoy recreational, educational, and community activities, while preserving and interpreting local history and encouraging environmental stewardship. Though we expect our programs to mostly benefit the inhabitants of Fort Mill Township and Lancaster and Chester counties, we welcome all to enjoy our facilities and programs.Summary of Participation in Activities=============================================================Anne Springs Close GreenwayAttendance 273,131 (includes hiking, trail running, mountain biking, equestrian activities, dog walking, kayaking, fishing, camping, picnics, community events, education and recreation programs, camps, and facility rental participation)Anne Springs Close GreenwayHiking 128,905Dog Park 34,527Dog Walking 29,948Youth Program 20,524Biking 13,279Other 14,360Gateway Canteen 9,526Community Garden 1,432Day Riding 1,315Fishing 1,201Photography 414FLYERS Afterschool program (January - March) - 754 Average Kids Per DayFLYERS Afterschool program (September - December) - 785 Average Kids Per DayAfterschool on the Greenway (January - May) - 82 Average Kids Per DayAfterschool on the Greenway (August - December) - 82 Average Kids Per DayASCG Nature Based Preschool (January - June) - 56 Average Kids Per DayASCG Nature Based Preschool (September - December) - 53 Average Kids Per DayASCG Summer Camp & Resident Camp - 3,151FLYERS Summer Camp - 3,4802023 Golf RoundsFort Mill Golf Club 60,980Springfield Golf Club 51,433Lancaster Golf Club 35,747Chester Golf Club 40,705

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,922,312
Program Service Revenue $18,253,637
Investment Income $2,634,562
Other Revenue $1,932,200
TOTAL REVENUE $24,742,711

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,337,592
Fundraising Expenses $494,026
Program Expenses $17,559,956
Other Expenses $9,071,761
TOTAL EXPENSES $20,409,353

Year-over-Year Comparison

2023 2022 Change
Revenue $24,742,711 $20,965,396 +0.2%
Expenses $20,409,353 $18,138,289 +0.1%
Net Income $4,333,358 $2,827,107 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
6
Employees
790
Volunteers
223

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
6
$636,732
Total Directors
8
$276,276
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elliott S Close Director, Chairman of the 0.10
Officer Director
$0 $0 $0
R Alexander Sullivan Vice President & Secretary 0.10
Officer Director
$0 $0 $0
HW Close Director 0.10
Director
$0 $0 $0
W Dehler Hart Director 0.10
Director
$0 $0 $0
Andy Kane Director 0.10
Director
$0 $0 $0
D Peyton Worley Vice President & Treasurer 0.10
Officer Director
$0 $0 $0
John Gordon President & CEO 40.00
Officer Director
$240,908 $35,368 $276,276
Kristina Burke Director 0.10
Director
$0 $0 $0
Cheryl P Gall Vice President, Human Reso 40.00
Officer
$142,443 $19,164 $161,607
Deborah L Kiggans CFO 40.00
Officer
$171,299 $27,550 $198,849
Cal Williams Director of Golf 40.00
Highest
$118,838 $18,674 $137,512
Lindsey Arnautovic Greenway Operations Director 40.00
Highest
$106,554 $17,937 $124,491
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 $24,742,711 $20,409,353 $107,981,846 $4,333,358
2022 $20,965,396 $18,138,289 $103,606,773 $2,827,107
2021 $26,136,313 $15,873,507 $107,281,566 $10,262,806
2020 $13,224,416 $13,815,639 $96,811,749 $-591,223
2019 $26,591,537 $13,877,882 $94,548,704 $12,713,655
2018 $12,104,015 $13,478,758 $78,382,919 $-1,374,743
Explore More Nonprofits
Top 100 Nonprofits in South Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Leroy Springs & Company Inc with other nonprofits in South Carolina and across the country.