South Carolina Future Minds Inc (EIN 571036861) - 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

1995

Legal Domicile

Principal Officer

Debbie Jones

Phone

8037415646

Tax Period

2018-08-01 to 2019-07-31

South Carolina Future Minds Inc, founded in 1995, is a small nonprofit that reported $317K in total revenue in fiscal year 2018. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $362K exceeded revenue, resulting in a 14% operating deficit.

Mission

SC Future Minds champions world class student achievement by supporting excellence in teaching, encouraging collaboration among public education stakeholders, and connecting private financial support to public schools.

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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 (2018)

Revenue Breakdown

Contributions & Grants $218,790

Program Service Revenue $97,630

Investment Income $33

Other Revenue $750

TOTAL REVENUE $317,203

Expense Breakdown

Grants Paid $0

Salaries & Benefits $145,641

Fundraising Expenses $18,263

Program Expenses $267,636

Other Expenses $216,855

TOTAL EXPENSES $362,496

Year-over-Year Comparison

	2018	2017	Change
Revenue	$317,203	$470,098	-0.3%
Expenses	$362,496	$502,103	-0.3%
Net Income	$-45,293	$-32,005	+0.4%

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

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

$56,187

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Katelyn Brewer	Board Member	1.00	Director	$0	$0	$0
Spann Laffitte	Board Member	1.00	Director	$0	$0	$0
Audrey Lane	Secretary	1.00	Officer Director	$0	$0	$0
Jon E Pedersen	Board Member	1.00	Director	$0	$0	$0
Ken Reynolds	Board Member	1.00	Director	$0	$0	$0
Jim Stritzinger	Board Member	1.00	Director	$0	$0	$0
Christopher Jaros	Board Member	1.00	Director	$0	$0	$0
David Cote	Chair	1.00	Officer Director	$0	$0	$0
Patrick M White	Treasurer	1.00	Officer Director	$0	$0	$0
Debbie Jones	Executive Direc	40.00	Officer	$51,408	$4,779	$56,187
Caroline P Mauldin	Former Ex. Director	40.00		$46,731	$1,979	$48,710

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
2019	$317,203	$362,496	$82,342	$-45,293
2018	$470,098	$502,103	$153,674	$-32,005

South Carolina Future Minds Inc