GAMECOCK CLUB OF THE UNIVERSITY OF SOUTH CAROLINA

EIN: 576024939 501(c)(3)

COLUMBIA, SC

Total Revenue
$14,602,788
Total Expenses
$24,117,176
Total Assets
N/A
Net Assets
N/A
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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
1959
Legal Domicile
SC
Principal Officer
WAYNE HIOTT
Phone
8037773809
Tax Period
2023-07-01 to 2024-06-30

GAMECOCK CLUB OF THE UNIVERSITY OF SOUTH CAROLINA, founded in 1959, is a mid-sized nonprofit that reported $14.6M in total revenue in fiscal year 2023. Expenses of $24.1M exceeded revenue, resulting in a 65% operating deficit.

Mission

TO SUPPORT THE UNIVERSITY OF SOUTH CAROLINA'S ATHLETIC DEPARTMENT BY PROVIDING THE NECESSARY FINANCIAL RESOURCES FOR SCHOLARSHIPS AND OTHER EDUCATIONAL SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $13,575,196
Program Service Revenue $0
Investment Income $806,694
Other Revenue $220,898
TOTAL REVENUE $14,602,788

Expense Breakdown

Grants Paid $21,933,152
Salaries & Benefits $795,506
Fundraising Expenses $865,057
Program Expenses $21,933,152
Other Expenses $1,388,518
TOTAL EXPENSES $24,117,176

Year-over-Year Comparison

2023 2022 Change
Revenue $14,602,788 $14,574,387 +0.0%
Expenses $24,117,176 $15,628,458 +0.5%
Net Income $-9,514,388 $-1,054,071 +8.0%
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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Governance

Voting Members
21
Independent Members
21
Employees
N/A
Volunteers
53

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
$183,580
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WAYNE HIOTT CEO/SEN. ASS 1.00
Officer
$0 $44,642 $183,580
C DAN ADAMS EXEC COMM ME 1.00
Director
$0 $0 $0
LORI ANDERSON BELL EXEC COMM ME 1.00
Director
$0 $0 $0
MEREDITH BLACKWELL EXEC COMM ME 1.00
Director
$0 $0 $0
FRANK DAVIS DIRECTOR EME 1.00
Director
$0 $0 $0
SHARON EDEN EXEC COMM ME 1.00
Director
$0 $0 $0
STEVE GUNTER EXEC COMM ME 1.00
Director
$0 $0 $0
TOMMY HICKMAN EXEC COMM ME 1.00
Director
$0 $0 $0
ALTON HYATT EXEC COMM ME 1.00
Director
$0 $0 $0
BYRON JEFFCOAT EXEC COMM ME 1.00
Director
$0 $0 $0
HARRY GREGORY JR EXEC COMM ME 1.00
Director
$0 $0 $0
WAYNE LORICK DIRECTOR EME 1.00
Director
$0 $0 $0
THOMAS MCDONALD EXEC COMM ME 1.00
Director
$0 $0 $0
JAMES PRICE EXEC COMM ME 1.00
Director
$0 $0 $0
PAUL REARDON EXEC COMM ME 1.00
Director
$0 $0 $0
KYLE ROGERS EXEC COMM ME 1.00
Director
$0 $0 $0
SCAT SCATTURO EXEC COMM ME 1.00
Director
$0 $0 $0
LINDSAY SPRAGUE TREASURER 1.00
Officer Director
$0 $0 $0
D RAY TANNER EXEC COMM ME 1.00
Director
$0 $0 $0
LEE THORNTON EXEC COMM ME 1.00
Director
$0 $0 $0
THAD WESTBROOK EXEC COMM ME 1.00
Director
$0 $0 $0
CHERYL WINGARD EXEC COMM ME 1.00
Director
$0 $0 $0
JAMES WOLF VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHRIS FULMER CHAIR 1.00
Officer
$0 $0 $0
SIMONE KELLER SECRETARY 1.00
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
2024 $14,602,788 $24,117,176 No data $-9,514,388
2023 $14,574,387 $15,628,458 $9,772,506 $-1,054,071
2022 $13,135,992 $16,132,093 $10,628,340 $-2,996,101
2021 $8,717,651 $8,415,139 $14,009,869 $302,512
2020 $11,656,775 $11,966,335 $14,049,098 $-309,560
2019 $13,757,324 $13,728,960 $13,985,387 $28,364
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