MARION COUNTY FIRST STEPS TO SCHOOL READINESS PARTNERSHIP

EIN: 571097822 501(c)(3) Education

MARION, SC

Total Revenue
$430,694
Total Expenses
$383,759
Total Assets
$119,629
Net Assets
$84,132
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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
SPENCER R SCOTT
Phone
8436290202
Tax Period
2024-07-01 to 2025-06-30

MARION COUNTY FIRST STEPS TO SCHOOL READINESS PARTNERSHIP, founded in 1999, is a small nonprofit in the Education sector that reported $431K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $384K left a modest 11% surplus.

Mission

PER SOUTH CAROLINA CODE OF LAWS SECTION 59-152-10: THERE IS ESTABLISHED THE SOUTH CAROLINA FIRST STEPS TO SCHOOL READINESS, 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 EDUCATION SERVICES FOR CHILDREN BY PROVIDING SUPPORT FOR THEIR FAMILIES' EFFORTS TOWARD ENABLING THEIR CHILDREN TO REACH SCHOOL 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 (2024)

Revenue Breakdown

Contributions & Grants $430,640
Program Service Revenue $0
Investment Income $54
Other Revenue $0
TOTAL REVENUE $430,694

Expense Breakdown

Grants Paid $0
Salaries & Benefits $131,743
Fundraising Expenses $0
Program Expenses $356,901
Other Expenses $252,016
TOTAL EXPENSES $383,759

Year-over-Year Comparison

2024 2023 Change
Revenue $430,694 $380,366 +0.1%
Expenses $383,759 $471,279 -0.2%
Net Income $46,935 $-90,913 -1.5%
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
9
Independent Members
9
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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICTORIA BELIN BOARD MEMBER 2.00
Director
$0 $0 $0
PATTI BURNS VICE CHAIR 2.50
Officer Director
$0 $0 $0
ANNETTE GERALD BOARD MEMBER 2.00
Director
$0 $0 $0
EVELYN GRANT BOARD MEMBER 1.25
Director
$0 $0 $0
TANYA M HODGE TREASURER 0.00
Officer Director
$0 $0 $0
FARRAH WOODBERRY OWENS CHAIR 3.00
Officer Director
$0 $0 $0
JEAN PEARSON BOARD MEMBER 1.25
Director
$0 $0 $0
ALEXANDRIA ROGERS BOARD MEMBER 1.25
Director
$0 $0 $0
GEORGETTE WASHINGTON BOARD MEMBER 2.00
Director
$0 $0 $0
SPENCER R SCOTT EXECUTIVE DI 40.00
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 $430,694 $383,759 $119,629 $46,935
2024 $380,366 $471,279 $166,528 $-90,913
2023 $334,128 $365,603 $205,389 $-31,475
2022 $357,236 $281,808 $200,706 $75,428
2021 $221,914 $253,504 $97,764 $-31,590
2020 $244,274 $217,308 $167,296 $26,966
2019 $206,541 $172,123 $93,182 $34,418
2018 $203,380 $218,155 $54,545 $-14,775
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