GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SOUTH CAROLINA

EIN: 570810232 Community Improvement

CHARLESTON, SC

Total Revenue
$400,738
Total Expenses
$429,387
Total Assets
$504,747
Net Assets
$248,015
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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
SC
Principal Officer
LARRY CHRISTOPHER
Phone
8038988130
Tax Period
2024-01-01 to 2024-12-31

GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SOUTH CAROLINA, founded in 1984, is a small nonprofit in the Community Improvement sector that reported $401K in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION IS A PROFESSIONAL MEMBERSHIP ORGANIZATION OF PUBLIC FINANCE PROFESSIONALS TO PROMOTE THE EFFECTIVE MANAGEMENT OF GOVERNMENTAL RESOURCES THROUGH TRAINING, CERTIFICATION AND SHARING FISCAL PRACTICES. THERE ARE APPROXIMATELY 800 MEMBERS. TWO ANNUAL CONFERENCES ARE HELD EACH YEAR, SPRING AND FALL. THREE CONTINUING EDUCATION CLASSES ARE OFFERED EACH YEAR AS WELL.

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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 $0
Program Service Revenue $396,617
Investment Income $4,121
Other Revenue $0
TOTAL REVENUE $400,738

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $404,932
Other Expenses $429,387
TOTAL EXPENSES $429,387

Year-over-Year Comparison

2024 2023 Change
Revenue $400,738 $377,165 +0.1%
Expenses $429,387 $409,392 +0.0%
Net Income $-28,649 $-32,227 -0.1%
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
10
Independent Members
10
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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT BARNES DIRECTOR N/A
Director
$0 $0 $0
ROBIN CAPERS SECRETARY N/A
Director
$0 $0 $0
MATT EVANS DIRECTOR N/A
Director
$0 $0 $0
BEN GALLAWAY DIRECTOR N/A
Director
$0 $0 $0
ANGELA GRAHAM DIRECTOR N/A
Director
$0 $0 $0
PATRICK JARVIS DIRECTOR N/A
Director
$0 $0 $0
ALLISON WILLIAMS PAST PRESIDE N/A
Director
$0 $0 $0
LARRY CHRISTOPHER TREASURER N/A
Officer
$0 $0 $0
NIKA SIMMONS PRESIDENT N/A
Officer
$0 $0 $0
ALILLIAN TRULL VICE PRESIDE N/A
Officer
$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 No data No data No data No data
2024 $400,738 $429,387 $504,747 $-28,649
2023 $377,165 $409,392 $287,699 $-32,227
2022 $355,882 $310,816 $346,472 $45,066
2021 $310,555 $311,500 $298,403 $-945
2020 $174,546 $98,817 $291,964 $75,729
2019 $304,987 $310,773 $196,241 $-5,786
2018 $319,893 $343,141 $194,827 $-23,248
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