SCHOOL NUTRITION ASSOCIATION OF SC (EIN 570689852) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

JOYCE LOVETT

Phone

8037348193

Tax Period

2023-08-01 to 2024-07-31

SCHOOL NUTRITION ASSOCIATION OF SC, founded in 1978, is a small nonprofit that reported $446K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $71K, a strong 16% operating margin.

Mission

MEMBERS OF THE SNA OF SC ARE THE PRIMARY ADVOCATES FOR QUALITY SCHOOL NUTRITION PROGRAMS IN THE STATE. WHILE WORKING TOWARDS GOALS TO INSURE CHILDREN HAVE ACCESS TO NUTRITIOUS MEALS DURING THE SCHOOL DAY, THE ASSOCIATION ALSO SERVES THE MEMBERSHIP BY PROVIDING THE FOLLOWING SERVICES: TRAINING/EDUCATION, CURRENT INFORMATION, PROFESSIONAL STANDARDS AND SCHOLARSHIPS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,207

Program Service Revenue $438,138

Investment Income $27

Other Revenue $0

TOTAL REVENUE $446,372

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,857

Fundraising Expenses $0

Program Expenses $325,433

Other Expenses $312,023

TOTAL EXPENSES $374,880

Year-over-Year Comparison

	2023	2022	Change
Revenue	$446,372	$380,542	+0.2%
Expenses	$374,880	$329,963	+0.1%
Net Income	$71,492	$50,579	+0.4%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE GILLIE	TREASURER	N/A	Officer Director	$0	$0	$0
DIANE GILLIE	SECRETARY	N/A	Officer Director	$0	$0	$0
JOYCE LOVETT	EXECUTIVE DI	N/A	Officer Director	$0	$0	$0
AMY STABLER	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
JENAFFER STEVENSON	PRESIDENT-EL	N/A	Officer Director	$0	$0	$0
RENE WEATHERFORD	PRESIDENT	N/A	Officer 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	$446,372	$374,880	$230,038	$71,492
2023	$380,542	$329,963	$158,546	$50,579
2022	$248,214	$241,365	$107,967	$6,849
2021	$80,386	$93,580	$101,118	$-13,194
2020	$328,750	$360,637	$114,312	$-31,887
2019	$347,009	$427,751	$146,199	$-80,742

SCHOOL NUTRITION ASSOCIATION OF SC