SOUTH CAROLINA FIRST STEPS TO SCHOOL READINESS-SPARTANBURG

EIN: 571097869 501(c)(3) Education

GREENWOOD, SC

Total Revenue
$5,377,241
Total Expenses
$6,166,389
Total Assets
$1,442,732
Net Assets
$464,032
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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
CAROLINE GOINS
Phone
8643274900
Tax Period
2022-07-01 to 2023-06-30

SOUTH CAROLINA FIRST STEPS TO SCHOOL READINESS-SPARTANBURG, founded in 1999, is a community nonprofit in the Education sector that reported $5.4M in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year. Expenses of $6.2M exceeded revenue, resulting in a 15% operating deficit.

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.

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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 $5,373,186
Program Service Revenue $0
Investment Income $4,055
Other Revenue $0
TOTAL REVENUE $5,377,241

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,041,140
Fundraising Expenses $0
Program Expenses $6,105,632
Other Expenses $3,125,249
TOTAL EXPENSES $6,166,389

Year-over-Year Comparison

2022 2021 Change
Revenue $5,377,241 $5,759,695 -0.1%
Expenses $6,166,389 $5,651,192 +0.1%
Net Income $-789,148 $108,503 -8.3%
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
19
Independent Members
19
Employees
N/A
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
$81,997
Total Directors
21
$81,997
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA MANOSKI ED THRU 6/30 0.40
Officer Director
$0 $0 $81,997
KRISHENDA ALEXANDER BOARD MEMBER 0.38
Director
$0 $0 $0
WALKER BARNES BOARD MEMBER 0.66
Director
$0 $0 $0
ERIN BAUCOM BOARD MEMBER 0.38
Director
$0 $0 $0
JEAN BREWINGTON BOARD MEMBER 0.38
Director
$0 $0 $0
CATIE DAVIS BOARD MEMBER 0.38
Director
$0 $0 $0
JAIME DAWSON BOARD MEMBER 0.38
Director
$0 $0 $0
CASEY DOVER BOARD MEMBER 0.38
Director
$0 $0 $0
CAROLYN GIBSON CHAIR 2.45
Director
$0 $0 $0
CAROLINE GOINS EXECUTIVE DI 40.00
Officer Director
$0 $0 $0
PHILLIP HAGOOD BOARD MEMBER 0.38
Director
$0 $0 $0
APRIL MILLER BOARD MEMBER 0.60
Director
$0 $0 $0
TERRY PRUITT BOARD MEMBER 0.66
Director
$0 $0 $0
CINDY SNEAD BOARD MEMBER 0.38
Director
$0 $0 $0
ANNA STROM TREAURER 2.05
Director
$0 $0 $0
PAYTON SYDETRA BOARD MEMBER 0.38
Director
$0 $0 $0
NUR TANYEL BOARD MEMBER 0.66
Director
$0 $0 $0
IDA THOMPSON BOARD MEMBER 0.66
Director
$0 $0 $0
HOLLI WEST BOARD MEMBER 0.38
Director
$0 $0 $0
TRACEY WOODARD BOARD MEMBER 0.38
Director
$0 $0 $0
JODI WRIGHT BOARD MEMBER 0.38
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 $5,377,241 $6,166,389 $1,442,732 $-789,148
2022 $5,759,695 $5,651,192 $2,228,352 $108,503
2021 $5,744,803 $5,228,341 $2,170,210 $516,462
2020 $4,932,719 $4,860,355 $918,679 $72,364
2019 $4,923,837 $4,649,238 $728,825 $274,599
2018 $4,164,478 $4,154,074 $735,222 $10,404
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