SOUTH CAROLINA FIRST STEPS TO SCHOOL READINESS - CHEROKEE COUNTY

EIN: 571097785 501(c)(3) Education

GREENWOOD, SC

Total Revenue
$733,228
Total Expenses
$712,869
Total Assets
$141,296
Net Assets
$116,532
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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
DOROTHY PRIESTER
Phone
8644879466
Tax Period
2022-07-01 to 2023-06-30

SOUTH CAROLINA FIRST STEPS TO SCHOOL READINESS - CHEROKEE COUNTY, founded in 1999, is a small nonprofit in the Education sector that reported $733K in total revenue in fiscal year 2022. Revenue surged 27% from the prior year, signaling strong growth momentum.

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 $733,168
Program Service Revenue $0
Investment Income $60
Other Revenue $0
TOTAL REVENUE $733,228

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,333
Fundraising Expenses $0
Program Expenses $301,998
Other Expenses $585,536
TOTAL EXPENSES $712,869

Year-over-Year Comparison

2022 2021 Change
Revenue $733,228 $575,289 +0.3%
Expenses $712,869 $568,430 +0.3%
Net Income $20,359 $6,859 +2.0%
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
21
Independent Members
21
Employees
3
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
6
$70,261
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOROTHY PRIESTER EXECUTIVE DI 40.00
Officer
$70,261 $0 $70,261
LISA BLANTON BOARD MEMBER 2.00
Director
$0 $0 $0
ARTHUR BREWTON TREASURER 6.00
Officer Director
$0 $0 $0
LYDIA COOPER BOARD MEMBER 0.50
Director
$0 $0 $0
SIGOURNEY DAVIDSON BOARD MEMBER 0.50
Director
$0 $0 $0
LYMAN DAWKINS BOARD MEMBER 0.50
Director
$0 $0 $0
MONITA DAWKINS BOARD MEMBER 2.50
Officer Director
$0 $0 $0
VERLENE EAKER BOARD MEMBER 2.00
Director
$0 $0 $0
ASHLEY HUMPHRIES BOARD MEMBER 0.50
Director
$0 $0 $0
JENNIFER HUMPHRIES BOARD MEMBER 2.00
Director
$0 $0 $0
SHARON JEFFERIES BOARD MEMBER 2.00
Director
$0 $0 $0
JW SANDERS JR BOARD MEMBER 2.50
Director
$0 $0 $0
BEN LOFTIS BOARD MEMBER 2.00
Director
$0 $0 $0
LAKESHA LOGAN BOARD MEMBER 0.50
Director
$0 $0 $0
KABIE MASSEY BOARD MEMBER 0.50
Director
$0 $0 $0
LASHANDA MAYES BAORD MEMBER 0.50
Director
$0 $0 $0
AUDREY MCCLARY VICE CHAIR 5.50
Officer Director
$0 $0 $0
MARINA SHIMANSKI BOARD MEMBER 0.50
Director
$0 $0 $0
RENEE SMITH BOARD MEMBER 3.50
Officer Director
$0 $0 $0
TERESA WHITE BOARD MEMBER 0.50
Director
$0 $0 $0
LINDA WILSON BOARD MEMBER 2.00
Director
$0 $0 $0
CLIFFIETTA COCHRAN SECRETARY 2.50
Officer
$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 $733,228 $712,869 $141,296 $20,359
2022 $575,289 $568,430 $132,608 $6,859
2021 $574,461 $527,935 $98,846 $46,526
2020 $529,305 $528,531 $50,524 $774
2019 $521,976 $504,100 $54,047 $17,876
2018 $489,102 $500,233 $31,002 $-11,131
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