SOUTH CAROLINA RURAL REHABILITATION CORPORATION (EIN 576005725) - Form 990 Financial Analysis & Trantor Score

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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

1934

Legal Domicile

Principal Officer

MIKE HUCKS

Phone

8039390811

Tax Period

2024-07-01 to 2025-06-30

SOUTH CAROLINA RURAL REHABILITATION CORPORATION, founded in 1934, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $764K, a strong 76% operating margin.

Mission

THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE RURAL GROWTH AND DEVELOPMENT BY ASSISTING IN THE FINANCING OF AGRICULTURAL PROPERTY FOR THOSE UNABLE TO OBTAIN FINANCING FROM OTHER SOURCES. IT ALSO PROVIDES SCHOLARSHIPS AND GRANTS TO AGRICULTURAL STUDENTS AND ORGANIZATIONS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $997,664

Investment Income $9,286

Other Revenue $0

TOTAL REVENUE $1,006,950

Expense Breakdown

Grants Paid $42,400

Salaries & Benefits $147,832

Fundraising Expenses $0

Program Expenses $196,546

Other Expenses $53,177

TOTAL EXPENSES $243,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,006,950	$878,408	+0.1%
Expenses	$243,409	$267,354	-0.1%
Net Income	$763,541	$611,054	+0.2%

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

Governance

Voting Members

Independent Members

Employees

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

$90,500

Total Directors

$108,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL CROSBY	DIRECTOR	1.00	Director	$6,000	$0	$6,000
PHILIP PERRY	DIRECTOR	1.00	Director	$6,000	$0	$6,000
WESLEY L HARRIS	DIRECTOR	1.00	Director	$6,000	$0	$6,000
WILLIAM STANLEY	PRESIDENT	10.00	Officer Director	$25,000	$0	$25,000
PENN ROGERS	VICE PRESIDENT	1.00	Officer Director	$6,000	$0	$6,000
MIKE HUCKS	SECRETARY/TREASURER	30.00	Officer Director	$59,500	$0	$59,500

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	$1,006,950	$243,409	$24,133,112	$763,541
2024	$878,408	$267,354	$23,417,447	$611,054
2023	$858,527	$280,322	$22,852,528	$578,205
2022	$850,355	$264,605	$22,201,920	$585,750
2021	$889,658	$219,314	$21,654,999	$670,344
2020	$1,051,420	$332,044	$21,023,258	$719,376
2019	$1,145,903	$383,087	$22,691,417	$762,816

SOUTH CAROLINA RURAL REHABILITATION CORPORATION