SPARTANBURG COMMUNITY COLLEGE FOUNDATION INC

EIN: 570751500 501(c)(3) Education

SPARTANBURG, SC

Total Revenue
$1,719,746
Total Expenses
$2,311,946
Total Assets
$11,148,735
Net Assets
$10,932,830
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
SC
Principal Officer
ROB RODRIGUES
Phone
8645924624
Tax Period
2024-07-01 to 2025-06-30

SPARTANBURG COMMUNITY COLLEGE FOUNDATION INC, founded in 1983, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $2.3M exceeded revenue, resulting in a 34% operating deficit.

Mission

TO DEVELOP AND ADMINISTER PROGRAMS ORGANIZED EXCLUSIVELY TO RECEIVE AND HOLD BY BEQUEST, GIFT, OR PURCHASE ANY PROPERTY AND TO MANAGE, INVEST, AND USE THE PROPERTY FOR SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF SPARTANBURG COMMUNITY COLLEGE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,217,866
Program Service Revenue $199,000
Investment Income $231,772
Other Revenue $71,108
TOTAL REVENUE $1,719,746

Expense Breakdown

Grants Paid $1,983,010
Salaries & Benefits $99,727
Fundraising Expenses $11,900
Program Expenses $2,134,986
Other Expenses $229,209
TOTAL EXPENSES $2,311,946

Year-over-Year Comparison

2024 2023 Change
Revenue $1,719,746 $1,087,572 +0.6%
Expenses $2,311,946 $1,534,658 +0.5%
Net Income $-592,200 $-447,086 +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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
1
Volunteers
25

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
6
$450,717
Total Directors
15
$494,285
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGORY M MIKOTA II COLLEGE PRES EX-OFFICIO/N 1.00
Officer Director
$38,500 $27,357 $308,888
ETHAN BURROUGHS NON-VOTING B 1.00
Director
$0 $15,461 $185,397
JOHN JARACZEWSKI EXECUTIVE DI 40.00
Officer
$0 $9,741 $107,033
JAMES SNEAD CFO 8.00
Officer
$0 $3,459 $34,796
TIMOTHY BOOSZ BOARD MEMBER 1.00
Director
$0 $0 $0
ALBERT CIAFRE BOARD MEMBER 1.00
Director
$0 $0 $0
RICH GIBSON IMMEDIATE PA 5.00
Officer Director
$0 $0 $0
JEFF GILL BOARD MEMBER 1.00
Director
$0 $0 $0
LORETTA GRNA SECRETARY 5.00
Officer Director
$0 $0 $0
DANIEL HART BOARD MEMBER N/A
Director
$0 $0 $0
NATASHIA JETER SECRETARY 1.00
Director
$0 $0 $0
JOSEPH LANDSVERK CHAIR 1.00
Director
$0 $0 $0
JOHN NELSON BOARD MEMBER 1.00
Director
$0 $0 $0
ANDRENA POWELL-BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
ROB RODRIGUES TREASURER 5.00
Officer Director
$0 $0 $0
KATHY SINCLAIR BOARD MEMBER 5.00
Director
$0 $0 $0
WARREN SNEAD BOARD MEMBER 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
2025 $1,719,746 $2,311,946 $11,148,735 $-592,200
2024 No data No data No data No data
2023 $633,179 $714,835 $11,001,386 $-81,656
2022 $802,893 $1,341,371 $11,170,876 $-538,478
2021 $621,513 $788,414 $12,427,648 $-166,901
2020 $11,153,436 $15,151,879 $11,290,673 $-3,998,443
2019 $1,407,069 $1,376,984 $21,019,203 $30,085
2018 $1,581,372 $1,638,535 $21,552,412 $-57,163
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