OCAB Community Action Agency Inc

EIN: 570479088 501(c)(3) Community Improvement

Orangeburg, SC

Total Revenue
$10,783,391
Total Expenses
$12,132,470
Total Assets
$7,426,394
Net Assets
$-3,044,630
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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
SC
Principal Officer
Calvin Wright
Phone
8035361027
Tax Period
2023-02-01 to 2024-01-31

OCAB Community Action Agency Inc, founded in 1966, is a mid-sized nonprofit in the Community Improvement sector that reported $10.8M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $12.1M exceeded revenue, resulting in a 13% operating deficit.

Mission

The mission of OCAB Community Action Agency, Inc. is to eliminate the causes and conditions of poverty in the service area by developing stategies to ensure a better quality of life

Program Service Accomplishments

Program 1
Expenses: $6,174,918 Revenue: $0

Head Start is a full day pre-scholl program for three, four, and five year olds from low income families. It promotes the cognitive, physical emotional, psychological and social development of...

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Head Start is a full day pre-scholl program for three, four, and five year olds from low income families. It promotes the cognitive, physical emotional, psychological and social development of children, including those with disabilities, and provides assistance to their families through educational,social, nutritional, health, disabilities, family partnership, transportation and transition services components. Staff members work closely with families and community agencies to meet the comprehensive needs of all children.

Program 2
Expenses: $2,858,573 Revenue: $0

The Low Income Home Energy Assistance (LIHEAP) Program is designed to help the state's low-income households pay the price of home energy, defined as residential heating and cooling, and to increase...

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The Low Income Home Energy Assistance (LIHEAP) Program is designed to help the state's low-income households pay the price of home energy, defined as residential heating and cooling, and to increase energy self sufficiency; thereby reducint the vulnerability resulting from energy needs. The program is also designed to intervene in energy-related crisis situations (42 U.S.C. 8623(c) and 8624(b)(1) and to conduct outreach(42 U.S.C. 8624(b)(1). The program also provides services to encourage and enable households to reduce home energy needs and consequently eliminating the need for energy assistance including needs assessments, energy and income counseling and assistance with energy vendors(42 U.S.C. 8624(b)(16)). Payments are made directly to vendors and credited to the applicant's bill.

Program 3
Expenses: $1,039,796 Revenue: $0

Community Services Block Grant(CSBG) services seek to promote social and economic self-sufficiency through the achievement and development of knowledge the skills and abilities that will enable...

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Community Services Block Grant(CSBG) services seek to promote social and economic self-sufficiency through the achievement and development of knowledge the skills and abilities that will enable low-income individuals to effectively respond to and manage those life circumstances negatively impact their well being and accomplishment of life goals. Through the strengthening of individual and family competencies, services shall enable low-income persons to mobilize the resources and support necessary to deal with exisiting problems, needs and future aspirations.

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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 $9,604,312
Program Service Revenue $0
Investment Income $945
Other Revenue $1,178,134
TOTAL REVENUE $10,783,391

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,528,051
Fundraising Expenses $0
Program Expenses $10,982,293
Other Expenses $6,604,419
TOTAL EXPENSES $12,132,470

Year-over-Year Comparison

2023 2022 Change
Revenue $10,783,391 $13,130,376 -0.2%
Expenses $12,132,470 $13,833,136 -0.1%
Net Income $-1,349,079 $-702,760 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
155
Volunteers
415

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
$203,634
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Calvin Wright Executive Director 40.00
Officer
$185,099 $18,535 $203,634
Betty Henderson Board Member 2.00
Director
$0 $0 $0
Hattie Gaines Board Member 2.00
Director
$0 $0 $0
Evert Comer Jr Board Member 2.00
Director
$0 $0 $0
Curtis Randolph Board Member 2.00
Director
$0 $0 $0
Linton Davis Chairperson 2.00
Director
$0 $0 $0
Lee Harley-Fitts Treasurer 2.00
Director
$0 $0 $0
Vertelle P Jamison Secretary 2.00
Director
$0 $0 $0
Anthony Jarvis Chairperson 2.00
Director
$0 $0 $0
Eddie Williams Board Member 2.00
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 $10,783,391 $12,132,470 $7,426,394 $-1,349,079
2024 No data No data No data No data
2024 $14,157,581 $15,283,538 $8,160,535 $-1,125,957
2023 $13,130,376 $13,833,136 $8,782,564 $-702,760
2023 $11,416,207 $12,570,079 $7,286,891 $-1,153,872
2023 $12,107,462 $12,894,509 $7,378,550 $-787,047
2022 $11,936,706 $12,576,348 $7,984,149 $-639,642
2021 $10,031,403 $10,442,660 $8,392,192 $-411,257
2020 $12,004,602 $9,971,824 $17,067,061 $2,032,778
2019 $10,430,720 $10,353,305 $15,226,601 $77,415
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