SOUTH CAROLINA BUSINESS & INDUSTRY POLITICAL EDUCATION COMMITTEE

EIN: 570809723

COLUMBIA, SC

Total Revenue
$368,661
Total Expenses
$454,187
Total Assets
$156,424
Net Assets
$152,336
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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
1985
Legal Domicile
SC
Principal Officer
CHARLES REID
Phone
8032540476
Tax Period
2018-07-01 to 2019-06-30

SOUTH CAROLINA BUSINESS & INDUSTRY POLITICAL EDUCATION COMMITTEE, founded in 1985, is a small nonprofit that reported $369K in total revenue in fiscal year 2018. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $454K exceeded revenue, resulting in a 23% operating deficit.

Mission

PROMOTING AND PROTECTING THE FREE PRIVATE AND COMPETITIVE ENTERPRISE SYSTEM THROUGH RESEARCH AND EDUCATION.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $365,990
Investment Income $2,671
Other Revenue $0
TOTAL REVENUE $368,661

Expense Breakdown

Grants Paid $0
Salaries & Benefits $379,049
Fundraising Expenses $0
Program Expenses $447,715
Other Expenses $75,138
TOTAL EXPENSES $454,187

Year-over-Year Comparison

2018 2017 Change
Revenue $368,661 $474,602 -0.2%
Expenses $454,187 $456,888 0.0%
Net Income $-85,526 $17,714 -5.8%
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
25
Independent Members
25
Employees
2
Volunteers
23

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
$243,485
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL R BRENAN TREASURER, E 1.00
Officer Director
$0 $0 $0
ALLEN MCKINNEY JR TRUSTEE 1.00
Director
$0 $0 $0
BILL MILES TRUSTEE 1.00
Director
$0 $0 $0
B BAYLES MACK TRUSTEE 1.00
Director
$0 $0 $0
CHUCK GARNETT TRUSTEE 1.00
Director
$0 $0 $0
BILL PHERIGO EXECUTIVE CO 1.00
Officer Director
$0 $0 $0
AMBASSADOR DAVID H WILKINS TRUSTEE 1.00
Director
$0 $0 $0
ROGER SCHRUM TRUSTEE 1.00
Director
$0 $0 $0
JEFF MCWHORTER EXECUTIVE CO 1.00
Officer Director
$0 $0 $0
JOHN D BANKSON TRUSTEE 1.00
Director
$0 $0 $0
JAMES DANIEL WALTERS TRUSTEE 1.00
Director
$0 $0 $0
FRED L GREEN CHAIRMAN, EX 1.00
Officer Director
$0 $0 $0
DIANE GARRETT TRUSTEE 1.00
Director
$0 $0 $0
TUSHAR CHIKHLIKER TRUSTEE 1.00
Director
$0 $0 $0
TONY BERENYI TRUSTEE 1.00
Director
$0 $0 $0
BRET GALLOWAY TRUSTEE 1.00
Director
$0 $0 $0
JOHN HARVEY II TRUSTEE 1.00
Director
$0 $0 $0
HARRY OTT TRUSTEE 1.00
Director
$0 $0 $0
MARJORIE HEGGIE TRUSTEE 1.00
Director
$0 $0 $0
JAMES D'ALESSIO TRUSTEE 1.00
Director
$0 $0 $0
THOMAS FITTS TRUSTEE 1.00
Director
$0 $0 $0
SCOTTY MILL TRUSTEE 1.00
Director
$0 $0 $0
SARA HAZZARD TRUSTEE 1.00
Director
$0 $0 $0
THOMAS O DELOACH PRESIDENT - 40.00
Officer
$164,250 $16,425 $180,675
CHARLES REID PRESIDENT 40.00
Officer
$57,100 $5,710 $62,810
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
2019 $368,661 $454,187 $156,424 $-85,526
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