HORRY COUNTY FIRST STEPS TO SCHOOL READINESS PARTNERSHIP

EIN: 571098007 501(c)(3) Education

CONWAY, SC

Total Revenue
$785,744
Total Expenses
$800,512
Total Assets
$65,970
Net Assets
$42,674
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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
AMY BREAULT
Phone
8434883336
Tax Period
2024-07-01 to 2025-06-30

HORRY COUNTY FIRST STEPS TO SCHOOL READINESS PARTNERSHIP, founded in 1999, is a small nonprofit in the Education sector that reported $786K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

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 (2024)

Revenue Breakdown

Contributions & Grants $785,691
Program Service Revenue $0
Investment Income $53
Other Revenue $0
TOTAL REVENUE $785,744

Expense Breakdown

Grants Paid $0
Salaries & Benefits $575,462
Fundraising Expenses $0
Program Expenses $729,738
Other Expenses $225,050
TOTAL EXPENSES $800,512

Year-over-Year Comparison

2024 2023 Change
Revenue $785,744 $723,404 +0.1%
Expenses $800,512 $756,642 +0.1%
Net Income $-14,768 $-33,238 -0.6%
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
8
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
$67,248
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNN DOYLE CHAIRPERSON 0.19
Officer Director
$0 $0 $0
LATONYA VAREEN TREASURER 0.12
Officer Director
$0 $0 $0
DEBI COBURN SECRETARY 0.08
Officer Director
$0 $0 $0
ANGELA GRISSETT VICE CHAIRPE 0.08
Officer Director
$0 $0 $0
SABRENIA LONG BOARD MEMBER 0.08
Director
$0 $0 $0
JENNIFER CUSACK BOARD MEMBER 0.08
Director
$0 $0 $0
SHANTA DIXON-KINDLE BOARD MEMBER 0.08
Director
$0 $0 $0
STACY LOCASIO BOARD MEMBER 0.08
Director
$0 $0 $0
KIM INMAN BOARD MEMBER 0.08
Director
$0 $0 $0
AMY BREAULT EXECUTIVE DI 40.00
Officer
$51,199 $0 $67,248
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 $785,744 $800,512 $65,970 $-14,768
2024 $723,404 $756,642 $127,603 $-33,238
2023 $712,366 $805,142 $95,063 $-92,776
2022 $733,228 $678,108 $195,486 $55,120
2021 $666,829 $637,467 $151,869 $29,362
2020 $601,309 $547,253 $104,812 $54,056
2019 $601,095 $623,495 $56,067 $-22,400
2018 $592,691 $632,093 $97,407 $-39,402
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