SOUTH CAROLINA HEALTH INSURANCE POOL (EIN 570941664) - 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

1990

Legal Domicile

Principal Officer

JEFFREY B WILLIAMS

Phone

8032641491

Tax Period

2024-01-01 to 2024-12-31

SOUTH CAROLINA HEALTH INSURANCE POOL, founded in 1990, is a small nonprofit that reported $535K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Net assets of $1.4M represent 30 months of operating reserves.

Mission

THE ORGANIZATION WAS CREATED BY SOUTH CAROLINA STATUTE TO ADMINISTER A MAJOR MEDICAL EXPENSE HEALTH INSURANCE PROGRAM.

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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 $0

Program Service Revenue $532,356

Investment Income $0

Other Revenue $2,362

TOTAL REVENUE $534,718

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $50

Program Expenses $518,710

Other Expenses $76,863

TOTAL EXPENSES $556,250

Year-over-Year Comparison

	2024	2023	Change
Revenue	$534,718	$590,802	-0.1%
Expenses	$556,250	$381,169	+0.5%
Net Income	$-21,532	$209,633	-1.1%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY B WILLIAMS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DONALD E PIFER	VICE-CHAIRMA	1.00	Officer Director	$0	$0	$0
KRISTI HERMAN	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
MATTHEW AGDISH	MEMBER AT LA	1.00	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
2025	No data	No data	No data	No data
2024	$534,718	$556,250	$1,459,338	$-21,532
2023	$590,802	$381,169	$1,504,746	$209,633
2022	$865,314	$527,016	$1,351,257	$338,298
2021	$1,132,214	$1,214,267	$1,139,213	$-82,053
2020	$2,361,581	$2,077,462	$1,300,410	$284,119
2019	$1,650,036	$2,421,036	$1,137,260	$-771,000
2018	$3,018,965	$2,327,778	$1,780,317	$691,187

SOUTH CAROLINA HEALTH INSURANCE POOL