Friends of Lake Keowee Society Inc dba FOLKS

EIN: 570970477 501(c)(3) Environment

Anderson, SC

Total Revenue
$148,293
Total Expenses
$150,360
Total Assets
$659,657
Net Assets
$658,815
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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
1993
Legal Domicile
SC
Principal Officer
Dale Wilde
Phone
8647190599
Tax Period
2025-01-01 to 2025-12-31

Friends of Lake Keowee Society Inc dba FOLKS, founded in 1993, is a small nonprofit in the Environment sector that reported $148K in total revenue in fiscal year 2025. Net assets of $659K represent 53 months of operating reserves.

Mission

Friends of Lake Keowee Society is dedicated to the preservation and enhancement of Lake Keowee and its watershed through advocacy, conservation, and education.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $89,668
Program Service Revenue $35,083
Investment Income $21,778
Other Revenue $1,764
TOTAL REVENUE $148,293

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,738
Fundraising Expenses $4,161
Program Expenses $125,425
Other Expenses $133,622
TOTAL EXPENSES $150,360

Year-over-Year Comparison

2025 2024 Change
Revenue $148,293 $154,957 0.0%
Expenses $150,360 $102,179 +0.5%
Net Income $-2,067 $52,778 -1.0%
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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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
100

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Hains Director 5.00
Director
$0 $0 $0
Dave Metzger Chairman 5.00
Officer Director
$0 $0 $0
Beau Sylvester Director 5.00
Director
$0 $0 $0
Howard Gutenstein Vice President 5.00
Officer Director
$0 $0 $0
Timothy Cooney Secretary 5.00
Officer 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 $148,293 $150,360 $659,657 $-2,067
2024 No data No data No data No data
2023 $187,872 $161,512 $588,698 $26,360
2022 $206,875 $279,940 $566,688 $-73,065
2021 $275,012 $96,185 $638,022 $178,827
2020 $142,323 $136,074 $459,459 $6,249
2019 $202,561 $146,069 $452,428 $56,492
2018 $128,265 $121,929 $396,536 $6,336
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