SRS COMMUNITY REUSE ORGANIZATION I… - Form 990 Financial Data

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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

Principal Officer

ROBERT BENNETT

Phone

8035087401

Tax Period

2024-07-01 to 2025-06-30

SRS COMMUNITY REUSE ORGANIZATION INC, founded in 1993, is a community nonprofit in the Community Improvement sector that reported $3.2M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Net assets of $6.7M represent 25 months of operating reserves.

Mission

THE ORGANIZATION WAS ORGANIZED EXCLUSIVELY TO PROVIDE LEADERSHIP FOR PROMOTING THE COMMON ECONOMIC INTERESTS AND BENEFITS OF THE RESIDENTS, BUSINESSES AND INDUSTRIES AND TO STABILIZE THE ECONOMY WITH BALANCED GROWTH THROUGHOUT THE MEMBERSHIP AREA BY ASSISTING: (A) IN OBTAINING MAXIMUM UTILIZATION OF THE PHYSICAL AND HUMAN RESOURCES AT THE SAVANNAH RIVER SITE AND OTHER REGIONAL FACILITIES AND INSTITUTIONS THROUGH EXISTING AND NEW PROGRAMS; (B) IN EXPANDING EXISTING BUSINESSES AND INDUSTRIES; AND (C) IN RECRUITING NEW COMPANIES TO LOCATE IN THE MEMBERSHIP AREA, WHILE PROTECTING THE EXISTING QUALITY OF LIFE IN THE MEMBERSHIP AND NEIGHBORING AREAS THROUGH ECONOMIC GROWTH AND CREATION OF JOB OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $2,880,165 Revenue: $94,999

PROVIDE LEADERSHIP FOR PROMOTING COMMUNITY ASSISTANCE PROGRAMS TO MITIGATE THE NEGATIVE ECONOMIC IMPACTS RESULTING FROM DEFENSE DOWNSIZING AT THE US DOE SAVANNAH RIVER SITE.

Program 2

Expenses: $119,906 Revenue: $240,087

ASSET TRANSITION PROGRAM

Program 3

Expenses: $272,619 Revenue: $459,899

ASSET REMOVAL 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 $2,248,631

Program Service Revenue $780,801

Investment Income $131,473

Other Revenue $14,184

TOTAL REVENUE $3,175,089

Expense Breakdown

Grants Paid $0

Salaries & Benefits $348,792

Fundraising Expenses $0

Program Expenses $3,272,690

Other Expenses $3,125,738

TOTAL EXPENSES $3,474,530

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,175,089	$3,875,984	-0.2%
Expenses	$3,474,530	$4,741,022	-0.3%
Net Income	$-299,441	$-865,038	-0.7%

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

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

$182,076

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANNY BLACK	BOARD MEMBER	1.00	Director	$0	$0	$0
TERRA CARROLL	BOARD MEMBER	1.00	Director	$0	$0	$0
FRED E HUMES	BOARD MEMBER	1.00	Director	$0	$0	$0
JIM TUNISON	BOARD MEMBER	1.00	Director	$0	$0	$0
ANGIE COX	BOARD MEMBER	1.00	Director	$0	$0	$0
CAL WRAY	CHAIR	1.00	Officer Director	$0	$0	$0
ANNE P RICE	TREASURER	1.00	Officer Director	$0	$0	$0
WILLIAM ROBINSON	BOARD MEMBER	1.00	Director	$0	$0	$0
RUSSELL LAHODNY	BOARD MEMBER	1.00	Director	$0	$0	$0
CHUCK SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM R TOOLE	BOARD MEMBER	1.00	Director	$0	$0	$0
WILL WILLIAMS	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
CHENEY ELDRIDGE	BOARD MEMBER	1.00	Director	$0	$0	$0
LANE KEEN	BOARD MEMBER	1.00	Director	$0	$0	$0
DR FOREST MAHAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KARYN NIXON	SECRETARY	1.00	Officer Director	$0	$0	$0
DR THOMAS CLARK	BOARD MEMBER	1.00	Director	$0	$0	$0
DR DANIEL HEIMMERMANN	BOARD MEMBER	1.00	Director	$0	$0	$0
SUE PARR	BOARD MEMBER	1.00	Director	$0	$0	$0
BOBBY LAWRENCE	BOARD MEMBER	1.00	Director	$0	$0	$0
DR MELISSA FRANK-ALSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
REAGAN WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
EDMOND THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT BENNETT	PRESIDENT AND CEO	40.00	Officer	$182,076	$0	$182,076
MARY METS	VICE PRESIDENT OF STRATEGIC INITIATIVES	40.00	Highest	$125,359	$0	$125,359

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	$3,175,089	$3,474,530	$6,923,524	$-299,441
2024	$3,875,984	$4,741,022	$6,640,891	$-865,038
2023	$4,532,694	$4,395,507	$6,969,135	$137,187
2022	$4,875,445	$4,443,531	$6,557,053	$431,914
2021	$3,489,797	$3,469,985	$7,091,019	$19,812
2020	$2,046,344	$2,827,703	$5,753,188	$-781,359
2019	$2,046,217	$2,151,777	$6,516,357	$-105,560

SRS COMMUNITY REUSE ORGANIZATION INC