SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST (EIN 570741877) - 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

1984

Legal Domicile

Principal Officer

TERESA D TAYLOR

Phone

8035758401

Tax Period

2024-01-01 to 2024-12-31

SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST, founded in 1984, is a mid-sized nonprofit that reported $11.7M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

PROVISION OF INSURANCE BENEFITS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $11,639,990

Investment Income $94,643

Other Revenue $0

TOTAL REVENUE $11,734,633

Expense Breakdown

Grants Paid $0

Salaries & Benefits $123,368

Fundraising Expenses $0

Program Expenses $11,831,762

Other Expenses $2,143,907

TOTAL EXPENSES $11,831,762

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,734,633	$14,322,094	-0.2%
Expenses	$11,831,762	$17,031,298	-0.3%
Net Income	$-97,129	$-2,709,204	-1.0%

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

N/A

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

$107,392

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERESA D TAYLOR	EXECUTIVE DI	40.00	Officer	$101,472	$5,920	$107,392
MARC J BOGAN	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS BOUCHETTE	TRUSTEE	1.00	Director	$0	$0	$0
CARRIE BUDDIN	TRUSTEE	1.00	Director	$0	$0	$0
EILEEN BURKE	TRUSTEE	1.00	Director	$0	$0	$0
C NAKIA DAVIS	TRUSTEE	1.00	Director	$0	$0	$0
RODDEY B GETTYS	CHAIRMAN	1.00	Director	$0	$0	$0
THOMAS O HUTTO	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT WILLIAMSON	TRUSTEE	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	$11,734,633	$11,831,762	$4,285,720	$-97,129
2023	$14,322,094	$17,031,298	$4,676,941	$-2,709,204
2022	$13,536,567	$13,358,796	$7,332,383	$177,771
2021	$12,947,543	$13,016,848	$6,973,054	$-69,305
2020	$15,294,633	$13,381,114	$7,045,274	$1,913,519
2019	$19,198,571	$19,115,758	$5,737,964	$82,813
2018	$20,028,338	$18,618,925	$5,372,849	$1,409,413

SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST