SOUTH CAROLINA ASPHALT PAVEMENT ASSOCIATION INC

EIN: 570481043

COLUMBIA, SC

Total Revenue
$1,007,546
Total Expenses
$922,250
Total Assets
$1,245,603
Net Assets
$1,211,532
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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
JAYSON R JORDAN
Phone
8032522522
Tax Period
2023-10-01 to 2024-09-30

SOUTH CAROLINA ASPHALT PAVEMENT ASSOCIATION INC, founded in 1966, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $922K left a modest 8% surplus.

Mission

TO BENEFIT AND FOSTER THE ASPHALT PAVING INDUSTRY IN SOUTH CAROLINA AND TO PROMOTE THE INTEREST OF THE ASSOCIATION AND EDUCATE ITS MEMBERS

Program Service Accomplishments

Program 1
Expenses: $417,957 Revenue: $634,766

PROMOTE THE ASPHALT PAVEMENT INDUSTRY TO ARCHITECTS, ENGINEERS, DEVELOPERS, AND OTHER POTENTIAL USERS.

Program 2
Expenses: $292,276 Revenue: $308,830

CONDUCT ANNUAL CONFERENCES TO EDUCATE MEMBERS WITH REGARD TO CURRENT AND DEVELOPING INDUSTRY PRATICES.

Program 3
Expenses: $12,375 Revenue: $19,941

LOBBYING TO PROMOTE THE INTEREST OF THE ASSOCIATION AND THE 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $963,537
Investment Income $38,152
Other Revenue $5,857
TOTAL REVENUE $1,007,546

Expense Breakdown

Grants Paid $0
Salaries & Benefits $363,110
Fundraising Expenses $0
Program Expenses $722,608
Other Expenses $559,140
TOTAL EXPENSES $922,250

Year-over-Year Comparison

2023 2022 Change
Revenue $1,007,546 $812,002 +0.2%
Expenses $922,250 $736,859 +0.3%
Net Income $85,296 $75,143 +0.1%
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

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Governance

Voting Members
12
Independent Members
12
Employees
3
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
4
$166,005
Total Directors
13
$166,005
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAYSON R JORDAN EXECUTIVE DI 40.00
Officer Director
$166,005 $0 $166,005
G REID BANKS DIRECTOR 2.00
Director
$0 $0 $0
SHAWN GODWIN PRESIDENT 2.00
Officer Director
$0 $0 $0
LEE HARRELSON DIRECTOR 2.00
Director
$0 $0 $0
KIM LINEBERGER DIRECTOR 2.00
Director
$0 $0 $0
DANIEL LITTELL TREASURER 2.00
Officer Director
$0 $0 $0
KEVIN O'CONNOR DIRECTOR 2.00
Director
$0 $0 $0
TODD QUIGG DIRECTOR 2.00
Director
$0 $0 $0
GREG SANDERS DIRECTOR 2.00
Director
$0 $0 $0
GENE SARTAIN VICE PRESIDE 2.00
Officer Director
$0 $0 $0
CASEY SCHWAGER DIRECTOR 2.00
Director
$0 $0 $0
JEFF SMITH DIRECTOR 2.00
Director
$0 $0 $0
RON VAN VLAKE DIRECTOR 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 $1,007,546 $922,250 $1,245,603 $85,296
2023 $812,002 $736,859 $1,081,540 $75,143
2022 $710,829 $694,072 $1,014,133 $16,757
2021 $600,044 $536,520 $1,086,168 $63,524
2020 $692,628 $580,332 $995,593 $112,296
2019 $808,204 $852,866 $918,066 $-44,662
2018 $816,561 $719,249 $966,328 $97,312
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