WACCAMAW YOUTH CENTER INC (EIN 570938894) - 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

1991

Legal Domicile

Principal Officer

JAY PRATT

Phone

8433690200

Tax Period

2023-01-01 to 2023-12-31

WACCAMAW YOUTH CENTER INC, founded in 1991, is a small nonprofit that reported $821K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $702K left a modest 15% surplus.

Mission

THE WACCAMAW YOUTH CENTER IS COMMITTED TO PROVIDING THE AT-RISK YOUTH OF SOUTH CAROLINA WITH A SAFE AND COMFORTING PLACE TO CALL HOME.

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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 $151,564

Program Service Revenue $626,901

Investment Income $0

Other Revenue $42,799

TOTAL REVENUE $821,264

Expense Breakdown

Grants Paid $0

Salaries & Benefits $454,160

Fundraising Expenses $27,955

Program Expenses $555,423

Other Expenses $247,929

TOTAL EXPENSES $702,089

Year-over-Year Comparison

	2023	2022	Change
Revenue	$821,264	$571,887	+0.4%
Expenses	$702,089	$697,676	+0.0%
Net Income	$119,175	$-125,789	-1.9%

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

$70,601

Total Directors

$70,601

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN MANDIGO	BOARD PRESIDENT	1.00	Director	$0	$0	$0
RICHARD WILLIAMS	BOARD VICE PRESEIDENT	1.00	Director	$0	$0	$0
RICK SHELLEY	BOARD SECRETARY	1.00	Director	$0	$0	$0
LEE HICKMAN	BOARD TREASURER	1.00	Director	$0	$0	$0
SONYA MARTIN	BOARD MEMBER	1.00	Director	$0	$0	$0
JEANNE BENNETT	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES D DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
JAY PRATT	EXECUTIVE DIRECTOR	40.00	Officer Director	$70,601	$0	$70,601

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	No data	No data	No data	No data
2023	$821,264	$702,089	$1,016,053	$119,175
2022	$571,887	$697,676	$889,951	$-125,789
2021	$668,361	$676,649	$1,022,422	$-8,288
2020	$522,576	$555,114	$1,038,635	$-32,538
2019	$577,775	$586,614	$1,090,405	$-8,839
2018	$535,199	$551,944	$1,117,412	$-16,745

WACCAMAW YOUTH CENTER INC