EDGEFIELD COUNTY HISTORICAL SOCIETY

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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

1939

Legal Domicile

Principal Officer

Beth S Francis

Phone

8036372233

Tax Period

2024-01-01 to 2024-12-31

EDGEFIELD COUNTY HISTORICAL SOCIETY, founded in 1939, is a micro nonprofit that reported $28K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $45K exceeded revenue, resulting in a 58% operating deficit.

Mission

The Edgefield County Historical Society is dedicated to researching, writing, preserving and disseminating Edgefield history and to preserving its historic sites and buildings.

Program Service Accomplishments

Program 1

Expenses: $4,447 Revenue: $4,819

The Edgefield County Historical Society operates the Horn's Creek Church Museum which tells the story of Edgefield County's Colonial, Revolutionary and Early National periods.

Program 2

Expenses: $9,008 Revenue: $2,907

The Edgefield County Historical Society operates Magnolia Dale House Museum which displays many artifacts and furnishings related to the history of Edgefield County.

Program 3

Expenses: $10,292 Revenue: $170

The Edgefield County Historical Society operates the Discovery Center Museum & Theatre which provides an overview of the history of Edgefield County and which provides a venuke for the production of...

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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 $11,599

Program Service Revenue $14,964

Investment Income $0

Other Revenue $1,930

TOTAL REVENUE $28,493

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,417

Other Expenses $44,892

TOTAL EXPENSES $44,892

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,493	$82,705	-0.7%
Expenses	$44,892	$82,184	-0.5%
Net Income	$-16,399	$521	-32.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Beth Francis	President	5.00	Officer Director	$0	$0	$0
Lady Hodges	Secretary	2.00	Officer Director	$0	$0	$0
Ralph Scurry	First Vice President	2.00	Officer Director	$0	$0	$0
Karyn Bland	Newsletter Editor	2.00	Officer Director	$0	$0	$0
Caroline Bland	Theatrical Manager	2.00	Officer Director	$0	$0	$0
Helen Feltham	Chaplin	2.00	Officer Director	$0	$0	$0
Jim Folker	Publicity Manager	2.00	Officer Director	$0	$0	$0
John Gerrard	Discovery Center Manager	2.00	Officer Director	$0	$0	$0
Bettis C Rainsford Sr	Historian & Treasurer	15.00	Officer Director	$0	$0	$0
Greg W Anderson	Director	2.00	Officer Director	$0	$0	$0
Bettis C Rainsford Jr	Director	2.00	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
2024	$28,493	$44,892	$1,188,631	$-16,399
2024	No data	No data	No data	No data
2024	$28,493	$44,892	$1,188,631	$-16,399
2023	$82,705	$82,184	$1,235,779	$521
2022	$386,503	$43,204	$1,237,258	$343,299
2021	$100,626	$36,620	$905,251	$64,006
2021	$100,626	$36,620	$905,251	$64,006
2020	$105,605	$33,339	$889,776	$72,266