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 Vulnerability Assessment (Tuckman-Chang)

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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

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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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Liquidity & Cash Position

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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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