EDUCATIONAL FOUNDATION SOUTH CAROLINA BANKERS ASSOCIATION (EIN 576024933) - 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

1960

Legal Domicile

Principal Officer

RICHARDS H GREEN

Phone

8037790850

Tax Period

2024-07-01 to 2025-06-30

EDUCATIONAL FOUNDATION SOUTH CAROLINA BANKERS ASSOCIATION, founded in 1960, is a micro nonprofit that reported $84K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $114K exceeded revenue, resulting in a 37% operating deficit.

Mission

TO AID BANKING EDUCATION BY PROVIDING SCHOLARSHIPS TO COLLEGE STUDENTS

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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 $39,387

Program Service Revenue $0

Investment Income $42,157

Other Revenue $2,000

TOTAL REVENUE $83,544

Expense Breakdown

Grants Paid $101,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $103,978

Other Expenses $12,858

TOTAL EXPENSES $114,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$83,544	$64,477	+0.3%
Expenses	$114,108	$73,891	+0.5%
Net Income	$-30,564	$-9,414	+2.2%

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

N/A

Volunteers

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

$962,753

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOYD B JONES	IMMEDIATE PAST CHAIRMAN	0.30	Officer Director	$0	$0	$0
SAMUEL R SMALL JR	FIRST VICE CHAIRMAN	0.30	Officer Director	$0	$0	$0
JENNIFER T JONES	CHAIRMAN	0.30	Officer Director	$0	$0	$0
J TED NISSEN	TREASURER	0.30	Officer Director	$0	$0	$0
H RICHARD STURM	CHAIRMAN - ELECT	0.30	Officer Director	$0	$0	$0
FRED L GREEN III	SCBA PRESIDENT & CEO	1.00	Officer	$0	$93,388	$709,063
RICHARDS H GREEN	SCBA COO	1.00	Officer	$0	$46,711	$253,690

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	$83,544	$114,108	$1,522,792	$-30,564
2024	$64,477	$73,891	$1,421,257	$-9,414
2023	$84,847	$73,269	$1,300,950	$11,578
2022	$55,536	$74,920	$1,218,044	$-19,384
2021	$44,404	$70,752	$1,359,117	$-26,348
2020	$28,691	$77,514	$1,158,520	$-48,823
2019	$59,295	$73,034	$1,147,130	$-13,739

EDUCATIONAL FOUNDATION SOUTH CAROLINA BANKERS ASSOCIATION