THE SCHOOL FOUNDATION INC

EIN: 571092759 501(c)(3) Philanthropy & Grantmaking

FLORENCE, SC

Total Revenue
$954,481
Total Expenses
$343,657
Total Assets
$2,820,050
Net Assets
$2,780,117
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
SC
Principal Officer
MINDY TAYLOR
Phone
8436629996
Tax Period
2024-07-01 to 2025-06-30

THE SCHOOL FOUNDATION INC, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $954K in total revenue in fiscal year 2024. Revenue surged 174% from the prior year, signaling strong growth momentum. The organization ran a surplus of $611K, a strong 64% operating margin.

Mission

THE SCHOOL FOUNDATION, INC. ("ASSOCIATION") IS A VOLUNTARY ASSOCIATION OF INDIVIDUALS OPERATED COLLECTIVELY TO SERVE THE NEEDS AND INTERESTS AND ADVANCE THE GENERAL WELFARE TO FLORENCE 1 SCHOOLS.THE SCHOOL FOUNDATION PROMOTES EDUCATIONAL EXCELLENCE IN FLORENCE, SC SCHOOL DISTRICT 1 THROUGH GRANTS FOR INNOVATIVE LEARNING AND THROUGH HIGH IMPACT INITIATIVES DESIGNED TO PREPARE ALL STUDENTS FOR SUCCESS.THE ORGANIZATION ACHIEVES ITS GOALS BY CONTRIBUTIONS TO SCHOOLS, SCHOOL PROGRAMS AND ADVOCACY OF QUALITY PUBLIC EDUCATION.THE ASSOCIATION WELCOMES EVERYONE IN FLORENCE 1 SCHOOLS WHICH IS A PUBLIC SCHOOL SYSTEM, REGARDLESS OF AGE, RACE, SEX, ETHNICITY, ABILITY OR RELIGION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $233,190
Program Service Revenue $0
Investment Income $721,291
Other Revenue $0
TOTAL REVENUE $954,481

Expense Breakdown

Grants Paid $168,479
Salaries & Benefits $116,412
Fundraising Expenses $44,976
Program Expenses $198,052
Other Expenses $58,766
TOTAL EXPENSES $343,657

Year-over-Year Comparison

2024 2023 Change
Revenue $954,481 $348,704 +1.7%
Expenses $343,657 $324,720 +0.1%
Net Income $610,824 $23,984 +24.5%
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

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
2
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
5
$78,621
Total Directors
28
$78,621
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MINDY TAYLOR CHAIRMAN 15.00
Officer Director
$0 $0 $0
MEGGIE DANIEL VICE CHAIRMAN 15.00
Officer Director
$0 $0 $0
COURTNEY CRIBB TREASURER 15.00
Officer Director
$0 $0 $0
MARION FORD SECRETARY 15.00
Officer Director
$0 $0 $0
DEBBIE HYLER EXECUTIVE DIRECTOR 40.00
Officer Director
$78,621 $0 $78,621
TRISH CAULDER BOARD MEMBER 5.00
Director
$0 $0 $0
ANNIE BROWN BOARD MEMBER 5.00
Director
$0 $0 $0
JAMMIE MCDONALD BOARD MEMBER 5.00
Director
$0 $0 $0
RYAN WHITE BOARD MEMBER 5.00
Director
$0 $0 $0
CAROLYN PEARCE BOARD MEMBER 5.00
Director
$0 $0 $0
JEFF HELTON BOARD MEMBER 5.00
Director
$0 $0 $0
JUDITH KAMMER BOARD MEMBER 5.00
Director
$0 $0 $0
JEAN LEATHERMAN BOARD MEMBER 5.00
Director
$0 $0 $0
ROBERT LEMASTER BOARD MEMBER 5.00
Director
$0 $0 $0
ED LOVE BOARD MEMBER 5.00
Director
$0 $0 $0
ETROY GREEN BOARD MEMBER 5.00
Director
$0 $0 $0
RICHARD O-MALLEY BOARD MEMBER 5.00
Director
$0 $0 $0
TAMMY PAWLOSKI BOARD MEMBER 5.00
Director
$0 $0 $0
JAMES SHEEHY BOARD MEMBER 5.00
Director
$0 $0 $0
MELISSA SCOTT BOARD MEMBER 5.00
Director
$0 $0 $0
ZACHARY BENNETT BOARD MEMBER 5.00
Director
$0 $0 $0
CARLOS WASHINGTON BOARD MEMBER 5.00
Director
$0 $0 $0
CHAQUEZ MACALL BOARD MEMBER 5.00
Director
$0 $0 $0
PORTER STEWART BOARD MEMBER 5.00
Director
$0 $0 $0
MEAGAN JOHNSON BOARD MEMBER 5.00
Director
$0 $0 $0
HEATHER PAGE BOARD MEMBER 5.00
Director
$0 $0 $0
JOY HIGGS BOARD MEMBER 5.00
Director
$0 $0 $0
KIPPIE BROWN BOARD MEMBER 5.00
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 $954,481 $343,657 $2,820,050 $610,824
2024 $348,704 $324,720 $2,651,297 $23,984
2023 $212,850 $345,869 $2,351,569 $-133,019
2022 $526,211 $294,717 $2,232,206 $231,494
2021 $333,494 $365,451 $2,736,798 $-31,957
2020 $198,479 $112,709 $2,352,549 $85,770
2019 $187,384 $255,864 $2,148,706 $-68,480
Explore More Nonprofits
Top 100 Nonprofits in South Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE SCHOOL FOUNDATION INC with other nonprofits in South Carolina and across the country.