MINING ASSOCIATION OF SOUTH CAROLINA

EIN: 570618366

CHAPIN, SC

Total Revenue
$332,453
Total Expenses
$308,082
Total Assets
$504,577
Net Assets
$504,577
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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
1975
Legal Domicile
SC
Principal Officer
CHRIS SMITH
Phone
8037725354
Tax Period
2018-01-01 to 2018-12-31

MINING ASSOCIATION OF SOUTH CAROLINA, founded in 1975, is a small nonprofit that reported $332K in total revenue in fiscal year 2018. Expenses of $308K left a modest 7% surplus.

Mission

ADVANCING THE MINERAL RESOURCE INDUSTRIES IN SOUTH CAROLINA, AND TO PROVIDE INFORMATION ON LEGISLATION, WHICH AFFECTS 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 (2018)

Revenue Breakdown

Contributions & Grants $164,534
Program Service Revenue $167,870
Investment Income $49
Other Revenue $0
TOTAL REVENUE $332,453

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $264,193
Other Expenses $308,082
TOTAL EXPENSES $308,082

Year-over-Year Comparison

2018 2017 Change
Revenue $332,453 $323,975 +0.0%
Expenses $308,082 $235,358 +0.3%
Net Income $24,371 $88,617 -0.7%
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
5
Independent Members
5
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
5
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA MIKO PRESIDENT 1.00
Officer Director
$0 $0 $0
DAN THOMPSON PRESIDENT EL 1.00
Officer Director
$0 $0 $0
JOHN BRATTON SECRETARY 1.00
Officer Director
$0 $0 $0
DOUG LARSON TREASURER 1.00
Officer Director
$0 $0 $0
JOE MCFALLS IMMEDIATE PA 1.00
Officer Director
$0 $0 $0
CHRIS SMITH EXECUTIVE DI 1.00
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
2018 $332,453 $308,082 $504,577 $24,371
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