GEORGETOWN COUNTY HISTORICAL SOCIETY (EIN 570830055) - 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

1955

Legal Domicile

Principal Officer

HERBERT BOYD

Phone

8435457020

Tax Period

2024-01-01 to 2024-12-31

GEORGETOWN COUNTY HISTORICAL SOCIETY, founded in 1955, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $91K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $123K exceeded revenue, resulting in a 36% operating deficit.

Mission

PROMOTE AND PRESERVE THE HISTORY OF GEORGETOWN COUNTY, SC.

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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 $75,738

Program Service Revenue $2,557

Investment Income $4,231

Other Revenue $8,209

TOTAL REVENUE $90,735

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,766

Fundraising Expenses $1,560

Program Expenses $112,319

Other Expenses $94,706

TOTAL EXPENSES $123,472

Year-over-Year Comparison

	2024	2023	Change
Revenue	$90,735	$61,325	+0.5%
Expenses	$123,472	$95,240	+0.3%
Net Income	$-32,737	$-33,915	0.0%

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

Employees

Volunteers

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
WILLIAM H BOYD	TREASURER	8.00	Officer Director	$0	$0	$0
GEORGE CHASTAIN	TRUSTEE	5.00	Director	$0	$0	$0
MARK EASTON	TRUSTEE	5.00	Director	$0	$0	$0
MARTHA FITCHETT	TRUSTEE	5.00	Director	$0	$0	$0
ANNE HUDSON	TRUSTEE	5.00	Director	$0	$0	$0
ED KIMBROUGH	TRUSTEE	5.00	Director	$0	$0	$0
MOLLY H MERCER	TRUSTEE	5.00	Director	$0	$0	$0
BURTON MOORE	TRUSTEE	5.00	Director	$0	$0	$0
ANNA ROYCROFT	TRUSTEE	5.00	Director	$0	$0	$0
ROBIN SALMON	PRESIDENT	8.00	Officer Director	$0	$0	$0
PAIGE SAWYER	TRUSTEE	8.00		$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	$90,735	$123,472	$405,876	$-32,737
2023	$61,325	$95,240	$455,629	$-33,915
2022	$62,739	$97,880	$470,436	$-35,141
2021	$52,517	$76,826	$515,131	$-24,309
2020	$46,778	$71,380	$528,893	$-24,602

GEORGETOWN COUNTY HISTORICAL SOCIETY