ABLE SOUTH CAROLINA INC (EIN 582336332) - 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

1994

Legal Domicile

Principal Officer

KIMBERLY TISSOT

Phone

8037795121

Tax Period

2023-10-01 to 2024-09-30

ABLE SOUTH CAROLINA INC, founded in 1994, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $7.5M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 17% operating margin.

Mission

OUR MISSION IS TO EQUIP PEOPLE WITH DISABILITIES, TO EDUCATE THE COMMUNITY TO CHALLENGE STEREOTYPES AND ELIMINATE BARRIERS, AND ADVOCATE FOR ACCESS, EQUITY AND INCLUSION AT ALL LEVELS FOR THOSE WITH DISABILITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,922,747

Program Service Revenue $550,892

Investment Income $9,496

Other Revenue $2,851

TOTAL REVENUE $7,485,986

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,148,060

Fundraising Expenses $83,839

Program Expenses $5,109,037

Other Expenses $2,053,264

TOTAL EXPENSES $6,201,324

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,485,986	$6,201,940	+0.2%
Expenses	$6,201,324	$6,509,029	0.0%
Net Income	$1,284,662	$-307,089	-5.2%

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

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

$141,498

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY TISSOT	PRESIDENT &	40.00	Officer	$126,103	$15,395	$141,498
CORY WATSON	BOARD PRESID	2.00	Officer Director	$0	$0	$0
DAVID DAWSON	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
KEITH BOGART	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
BRIEN FRITTS	TREASURER	2.00	Officer Director	$0	$0	$0
SARAH ST ONGE	SECRETARY	2.00	Officer Director	$0	$0	$0
DARA BROWN	DIRECTOR	2.00	Director	$0	$0	$0
BRADLEY CRAIN	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT HARRIFORD	DIRECTOR	2.00	Director	$0	$0	$0
MADONNA LUMSDEN	DIRECTOR	2.00	Director	$0	$0	$0
TARYN RICHARDSON	DIRECTOR	2.00	Director	$0	$0	$0
BETH RUFFIN	DIRECTOR	2.00	Director	$0	$0	$0
MARION RUSH	DIRECTOR	2.00	Director	$0	$0	$0
LINDA SALANE	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN SMITH	DIRECTOR	2.00	Director	$0	$0	$0
LEWIS STEPHENS	DIRECTOR	2.00	Director	$0	$0	$0
MARK TIMBES	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH TINKER	DIRECTOR	2.00	Director	$0	$0	$0
AARON WEST	DIRECTOR	2.00	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
2024	$7,485,986	$6,201,324	$4,674,819	$1,284,662
2023	$6,201,940	$6,509,029	$3,425,608	$-307,089
2022	$6,937,581	$6,057,184	$4,258,182	$880,397
2021	$4,039,533	$3,144,940	$4,363,350	$894,593
2020	$3,545,451	$3,241,866	$1,512,746	$303,585
2019	$2,650,984	$2,506,739	$863,608	$144,245
2018	$2,212,878	$2,056,552	$644,542	$156,326

ABLE SOUTH CAROLINA INC