SOUTH CAROLINA FARM BUREAU EDUCATIONAL FOUNDATION (EIN 570866006) - 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

1981

Legal Domicile

Principal Officer

ERIC SEYMOUR

Phone

8039364243

Tax Period

2023-08-01 to 2024-07-31

SOUTH CAROLINA FARM BUREAU EDUCATIONAL FOUNDATION, founded in 1981, is a micro nonprofit that reported $43K in total revenue in fiscal year 2023. Expenses of $51K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE SC EDUCATIONAL FOUNDATION PROVIDES OPPORTUNITIES TO INDIVIDUALS PURSUING AGRICULTURAL INTEREST BY PROVIDING FINANCIAL SUPPORT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $33,178

Program Service Revenue $0

Investment Income $9,124

Other Revenue $280

TOTAL REVENUE $42,582

Expense Breakdown

Grants Paid $47,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,000

Other Expenses $4,469

TOTAL EXPENSES $51,469

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,582	$43,561	0.0%
Expenses	$51,469	$37,791	+0.4%
Net Income	$-8,887	$5,770	-2.5%

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

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

$499,999

Total Directors

$10,805

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH ALLEN	DIRECTOR	0.25	Director	$0	$0	$2,000
TIM DONALD	DIRECTOR	0.25	Director	$0	$0	$1,750
RALEIGH WARD	DIRECTOR	0.25	Director	$0	$0	$1,500
BOB YODER	DIRECTOR	0.25	Director	$0	$0	$1,250
WESLEY ULMER	DIRECTOR	0.25	Director	$0	$0	$1,185
DOUG STEWART	DIRECTOR	0.25	Director	$0	$0	$1,125
TIMMY BENTON	DIRECTOR	0.25	Director	$0	$0	$1,060
DONNIE WAKEFIELD	DIRECTOR	0.25	Director	$0	$0	$935
HARRY OTT	PRESIDENT	0.25	Officer	$0	$72,480	$319,713
ERIC SEYMOUR	CHIEF FINANCIAL OFFICER	5.00	Officer	$0	$46,703	$180,286

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	$42,582	$51,469	$544,258	$-8,887
2023	$43,561	$37,791	$514,816	$5,770

SOUTH CAROLINA FARM BUREAU EDUCATIONAL FOUNDATION