THE AIKEN CORPORATION OF SOUTH CAROLINA (EIN 571024216) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

ARTHUR RICH

Phone

8036427654

Tax Period

2024-07-01 to 2025-06-30

THE AIKEN CORPORATION OF SOUTH CAROLINA, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $291K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $271K left a modest 7% surplus.

Mission

TO DIVERSIFY AND EXPAND THE CITY'S ECONOMIC BASE AND TO IMPROVE THE QUALITY OF LIFE IN AIKEN, SOUTH CAROLINA

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $186,274

Program Service Revenue $32,332

Investment Income $-125,746

Other Revenue $198,558

TOTAL REVENUE $291,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,417

Fundraising Expenses $67,190

Other Expenses $182,031

TOTAL EXPENSES $271,448

Year-over-Year Comparison

	2024	2023	Change
Revenue	$291,418	$344,406	-0.2%
Expenses	$271,448	$383,575	-0.3%
Net Income	$19,970	$-39,169	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
ARTHUR RICH	CHAIRMAN	0.50	Officer Director	$0	$0	$0
PAT CUNNING	VICE CHAIRMAN	0.50	Officer Director	$0	$0	$0
SAMUEL ERB	SECRETARY	0.50	Officer Director	$0	$0	$0
KAREN DALY	MEMBER	0.30	Director	$0	$0	$0
CHARLIE HARTZ	MEMBER	0.30	Director	$0	$0	$0
JOE LEWIS	MEMBER	0.30	Director	$0	$0	$0
PHILIP MERRY	MEMBER	0.30	Director	$0	$0	$0
SCOTT NEELY	MEMBER	0.30	Director	$0	$0	$0
TIMOTHY SIMMONS	MEMBER	0.30	Director	$0	$0	$0
VAN SMITH	MEMBER	0.30	Director	$0	$0	$0
GARY BUNKER	EX-OFFICIO	0.30	Director	$0	$0	$0
NORM DUNAGAN	MEMBER	0.30	Director	$0	$0	$0
DAN HEIMERMANN	MEMBER	0.30	Director	$0	$0	$0
MARTHA LOCKHEART	MEMBER	0.30	Director	$0	$0	$0
DAVID JAMESON	EX-OFFICIO	0.30	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	$291,418	$271,448	$3,078,918	$19,970
2024	No data	No data	No data	No data
2023	$417,418	$240,721	$4,040,546	$176,697
2022	$799,387	$187,063	$3,291,790	$612,324
2021	$130,413	$177,442	$2,808,926	$-47,029
2020	$573,799	$205,593	$2,980,471	$368,206
2019	$326,195	$227,613	$3,032,290	$98,582

THE AIKEN CORPORATION OF SOUTH CAROLINA