SC PRESS ASSOCIATION FOUNDATION

EIN: 570735348 501(c)(3)

COLUMBIA, SC

Total Revenue
$-7,800
Total Expenses
$31,811
Total Assets
$815,004
Net Assets
$654,326
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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
1969
Legal Domicile
SC
Principal Officer
RANDALL SAVELY
Phone
8037509561
Tax Period
2023-10-01 to 2024-09-30

SC PRESS ASSOCIATION FOUNDATION, founded in 1969, is a micro nonprofit that reported $8K in total revenue in fiscal year 2023.

Mission

CHARITABLE AND EDUCATIONAL SERVICES FOR THE NEWS 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 $7,025
Program Service Revenue $0
Investment Income $0
Other Revenue $-14,825
TOTAL REVENUE $-7,800

Expense Breakdown

Grants Paid $12,960
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $22,442
Other Expenses $18,851
TOTAL EXPENSES $31,811

Year-over-Year Comparison

2023 2022 Change
Revenue $-7,800 $-440 +16.7%
Expenses $31,811 $29,304 +0.1%
Net Income $-39,611 $-29,744 +0.3%
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
8
Independent Members
8
Employees
N/A
Volunteers
40

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
$161,564
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDALL SAVELY CO-EXEC DIRE 1.00
Officer
$0 $0 $79,964
JENN MADDEN CO-EXEC DIRE 1.00
Officer
$0 $0 $81,600
HARRY LOGAN PRESIDENT 1.00
Officer Director
$0 $0 $0
LAURA MCKENZIE VICE PRESIDE 1.00
Officer Director
$0 $0 $0
VICKEY BOYD DIRECTOR 1.00
Director
$0 $0 $0
BUTCH HUGHES DIRECTOR 1.00
Director
$0 $0 $0
MEG KINNARD DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA O'CONNOR DIRECTOR 1.00
Director
$0 $0 $0
ELLEN PRIEST DIRECTOR 1.00
Director
$0 $0 $0
LARRY TARLETON DIRECTOR 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
2024 $-7,800 $31,811 $815,004 $-39,611
2023 $-440 $29,304 $795,991 $-29,744
2022 $17,960 $34,670 $788,484 $-16,710
2021 $12,689 $32,366 $866,689 $-19,677
2020 $12,846 $30,689 $831,460 $-17,843
2019 $-4,605 $21,617 $831,627 $-26,222
2018 $-4,435 $25,218 $839,266 $-29,653
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