SOUTH CAROLINA FIRST STEPS TO SCHOOL READINESS - BAMBERG COUNTY

EIN: 571097777 501(c)(3) Education

GREENWOOD, SC

Total Revenue
$271,240
Total Expenses
$247,587
Total Assets
$130,152
Net Assets
$95,258
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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
1999
Legal Domicile
SC
Principal Officer
PAULETTA PLOWDEN
Phone
8032456749
Tax Period
2022-07-01 to 2023-06-30

SOUTH CAROLINA FIRST STEPS TO SCHOOL READINESS - BAMBERG COUNTY, founded in 1999, is a small nonprofit in the Education sector that reported $271K in total revenue in fiscal year 2022. Expenses of $248K left a modest 9% surplus.

Mission

SECTION 59-152-10 OF THE SOUTH CAROLINA CODE ESTABLISHED THE SOUTH CAROLINA FIRST STEPS TO SCHOOL READINESS PROGRAM, WHICH IS A COMPREHENSIVE, RESULTS-ORIENTED INITIATIVE FOR IMPROVING EARLY CHILDHOOD DEVELOPMENT BY PROVIDING, THROUGH LOCAL PARTNERSHIPS, PUBLIC AND PRIVATE FUNDS, AND SUPPORT FOR HIGH- QUALITY EARLY CHILDHOOD DEVELOPMENT AND EDUCATIONS SERVICES FOR CHILDREN BY PROVIDING SUPPORT FOR THEIR FAMILIES' EFFORTS TOWARD ENABLING THEIR CHILDREN TO REACH SCHOOL READY TO SUCCEED. OUR MISSION IS THAT EVERY SOUTH CAROLINA CHILD WILL ARRIVE AT KINDERGARTEN READY TO SUCCEED.

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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 (2022)

Revenue Breakdown

Contributions & Grants $271,162
Program Service Revenue $0
Investment Income $78
Other Revenue $0
TOTAL REVENUE $271,240

Expense Breakdown

Grants Paid $0
Salaries & Benefits $108,230
Fundraising Expenses $0
Program Expenses $225,973
Other Expenses $139,357
TOTAL EXPENSES $247,587

Year-over-Year Comparison

2022 2021 Change
Revenue $271,240 $283,252 0.0%
Expenses $247,587 $250,929 0.0%
Net Income $23,653 $32,323 -0.3%
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

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Governance

Voting Members
7
Independent Members
7
Employees
1
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
2
$63,962
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAULETTA PLOWDEN EXECUTIVE DI 40.00
Officer
$0 $0 $63,962
ERNESTINE BARNWELL BOARD MEMBER 0.30
Director
$0 $0 $0
LINDA FAIR BOARD MEMBER 0.30
Director
$0 $0 $0
MABEL FRAZIER BOARD MEMBER 0.30
Director
$0 $0 $0
JOHNELL GAINES SECRETARY 0.30
Officer Director
$0 $0 $0
IMAGEN KINARD BOARD MEMEBE 0.30
Director
$0 $0 $0
JANNETTE STOKES BOARD MEMBER 0.30
Director
$0 $0 $0
LINDSEY TOOMER BOARD MEMBER 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 No data No data No data No data
2024 No data No data No data No data
2023 $271,240 $247,587 $130,152 $23,653
2022 $283,252 $250,929 $102,525 $32,323
2021 $287,217 $263,755 $50,313 $23,462
2020 $206,281 $212,184 $134,616 $-5,903
2019 $212,882 $223,183 $55,190 $-10,301
2018 $211,740 $203,094 $74,426 $8,646
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