SOUTHERN CAROLINA REGIONAL DEVELOPMENT ALLIANCE

EIN: 571006531 501(c)(3) Community Improvement

BARNWELL, SC

Total Revenue
$12,390,040
Total Expenses
$6,213,863
Total Assets
$41,669,868
Net Assets
$34,203,617
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
SC
Principal Officer
DANNY BLACK
Phone
8038681250
Tax Period
2024-01-01 to 2024-12-31

SOUTHERN CAROLINA REGIONAL DEVELOPMENT ALLIANCE, founded in 1994, is a mid-sized nonprofit in the Community Improvement sector that reported $12.4M in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.2M, a strong 50% operating margin.

Mission

TO SUSTAIN AND CREATE JOBS THAT WILL IMPROVE THE QUALITY OF LIFE IN THE COUNTIES OF THE SOUTHERN CAROLINA REGION BY WAY OF IDEALS OF COOPERATION AND REGIONALISM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,448,864
Program Service Revenue $428,696
Investment Income $3,686,585
Other Revenue $825,895
TOTAL REVENUE $12,390,040

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,191,741
Fundraising Expenses $0
Program Expenses $5,787,741
Other Expenses $5,022,122
TOTAL EXPENSES $6,213,863

Year-over-Year Comparison

2024 2023 Change
Revenue $12,390,040 $7,461,884 +0.7%
Expenses $6,213,863 $5,485,484 +0.1%
Net Income $6,176,177 $1,976,400 +2.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
47
Independent Members
47
Employees
10
Volunteers
47

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
1
$341,898
Total Directors
47
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIUS WEATHERS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
DEAN VAN PELT BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
MARK HALL BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
GREGG BRUNSON BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
CHUCK BLACK BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
ERIN COLE BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
TIM WILLIAMS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
CARL KILPATRICK BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
DAVID RAMEY BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
JOHNATHAN YARBOROUGH BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
TOM BURNS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
GARY MORRIS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
TRAY HUNTER BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
DEEPAL ELIATAMBY BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
JASON DANDRIDGE BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
BERNIE MAYBANK BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
TRAVIS BASNETT BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
JOHNNY WILLIAMSON BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
MARIAN BULL BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
JIMMY BAKER BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
TAYLOR DAYLAMI BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
ROBBY ROBBINS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
TOM DAVIS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
BRAD HUTTO BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
GRADY WOODS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
LIBBY MALPHRUS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
HARRY WILLIAMS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
MARTY SAULS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
JJ JINKS BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
ROY HOLLINGSWORTH BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
BILL HAGER BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
STEVE MURDAUGH BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
LEE PETROLAWICZ BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
SCOTT BEIRING BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
PAULA BROWN BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
JOEL BRAUN BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
ASHLEY FEASTER BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
FREDDIE HOUSTON BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
DANIEL ALEXANDER BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
JJ CRUZ BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
DR JONATHAN GOODMAN BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
LARRY HAYNES BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
EVERT COMER JR BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
MATHEW CONNELLY BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
CURTIS WARD BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
JAMES WHITE BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
CARL GOODING BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
DANNY BLACK PRESIDENT CEO 40.00
Officer
$341,898 $0 $341,898
KAY MAXWELL VICE PRESIDENT MARKETING 40.00
Highest
$103,965 $0 $103,965
JOHN FLEMING COO 40.00
Highest
$124,191 $0 $124,191
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 $12,390,040 $6,213,863 $41,669,868 $6,176,177
2023 $7,461,884 $5,485,484 $37,939,864 $1,976,400
2023 $7,461,884 $5,485,484 $37,939,864 $1,976,400
2022 $3,975,419 $3,943,501 $28,480,235 $31,918
2022 $3,975,419 $3,943,501 $28,384,235 $31,918
2021 $4,774,814 $4,091,403 $30,294,392 $683,411
2021 $4,774,814 $4,035,403 $30,390,392 $739,411
2020 $2,322,435 $4,191,773 $27,852,531 $-1,869,338
2019 $17,962,348 $3,699,277 $29,777,415 $14,263,071
2018 $1,487,448 $3,252,439 $15,249,343 $-1,764,991
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