SUPPORTERS OF SCHOOL DISTRICT NO 1 INC (EIN 570783020) - 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

LACEY BRADEY

Phone

8644724117

Tax Period

2024-07-01 to 2025-06-30

SUPPORTERS OF SCHOOL DISTRICT NO 1 INC, founded in 1984, is a small nonprofit in the Education sector that reported $721K in total revenue in fiscal year 2024. Expenses of $685K left a modest 5% surplus.

Mission

TO ENCOURAGE AND PROMOTE SERVICES AND CONTRIBUTIONS BY CITIZENS OF SCHOOL DISTRICT NO. 1 OF SPARTANBURG COUNTY, AND OTHERS WHO MAY WISH TO SUPPORT THE ACTIVITIES OF THE SCHOOL DISTRICT.

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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 $247,904

Program Service Revenue $0

Investment Income $5,416

Other Revenue $467,372

TOTAL REVENUE $720,692

Expense Breakdown

Grants Paid $9,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $679,359

Other Expenses $675,655

TOTAL EXPENSES $685,155

Year-over-Year Comparison

	2024	2023	Change
Revenue	$720,692	$668,981	+0.1%
Expenses	$685,155	$662,485	+0.0%
Net Income	$35,537	$6,496	+4.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDY CRAIG	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY LITTLEFIELD	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
DR MARK SMITH	CHAIRMAN	1.00	Officer Director	$0	$0	$0
LACEY BRADEY	SECRETARY/TREASURER	1.00	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
2025	$720,692	$685,155	$502,290	$35,537
2024	No data	No data	No data	No data
2023	$691,868	$754,997	$461,498	$-63,129
2022	$656,012	$506,626	$524,628	$149,386
2021	$429,159	$367,775	$375,242	$61,384
2021	$429,159	$367,774	$375,242	$61,385
2020	$472,338	$464,811	$313,857	$7,527
2019	$596,347	$580,756	$306,329	$15,591
2018	$529,057	$593,864	$290,738	$-64,807

SUPPORTERS OF SCHOOL DISTRICT NO 1 INC