PARTNERSHIP FOR A GREATER GREENWOO… - Form 990 Financial Data

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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

Principal Officer

ART BUSH

Phone

8643881250

Tax Period

2020-07-01 to 2021-06-30

PARTNERSHIP FOR A GREATER GREENWOOD COUNTY INC, founded in 1999, is a micro nonprofit that reported $80K in total revenue in fiscal year 2020. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $493K exceeded revenue, resulting in a 513% operating deficit.

Mission

THE PARTNERSHIP ALLIANCE IS A PUBLIC/PRIVATE PARTNERSHIP THAT PROVIDES LEADERSHIP AND FINANCIAL SUPPORT TO IMPROVE ECONOMIC GROWTH AND EDUCATIONAL ACHIEVEMENT IN ORDER TO ENHANCE THE QUALITY OF LIFE IN GREENWOOD COUNTY.

Program Service Accomplishments

Program 1

Expenses: $440,048

SUPPORTING THE ECONOMIC DEVELOPMENT OF GREENWOOD COUNTY (SOUTH CAROLINA) AND ASSISTING IN THE DEVELOPMENT OF THE COMMUNITY'S WORKFORCE AND NEIGHBORHOODS

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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 (2020)

Revenue Breakdown

Contributions & Grants $77,500

Program Service Revenue $0

Investment Income $1,937

Other Revenue $896

TOTAL REVENUE $80,333

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,648

Fundraising Expenses $0

Program Expenses $440,048

Other Expenses $337,095

TOTAL EXPENSES $492,743

Year-over-Year Comparison

	2020	2019	Change
Revenue	$80,333	$1,068,239	-0.9%
Expenses	$492,743	$819,512	-0.4%
Net Income	$-412,410	$248,727	-2.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD BAILEY	DIRECTOR	N/A	Director	$0	$0	$0
CHRIS BROWN	DIRECTOR	N/A	Director	$0	$0	$0
ART BUSH	INTERIM ED	N/A	Director	$0	$0	$0
RICHARD COSENTINO	DIRECTOR	N/A	Director	$0	$0	$0
JASON EPPLEY	DIRECTOR	N/A	Director	$0	$0	$0
RICK GREEN	DIRECTOR	N/A	Director	$0	$0	$0
BOB HAYNIE	DIRECTOR	N/A	Director	$0	$0	$0
THORNWELL DUNLAP III	TREASURER	N/A	Officer Director	$0	$0	$0
THEO LANE	DIRECTOR	N/A	Director	$0	$0	$0
KRISTIN MANSKE	CHAIR	N/A	Officer Director	$0	$0	$0
DAN MARTINS	DIRECTOR	N/A	Director	$0	$0	$0
GABE MCCUTHEON	DIRECTOR	N/A	Director	$0	$0	$0
MIKE MONAGHAN	DIRECTOR	N/A	Director	$0	$0	$0
MAMIE NICHOLSON	DIRECTOR	N/A	Director	$0	$0	$0
JAMES PFEIFFER	DIRECTOR	N/A	Director	$0	$0	$0
BRANDON SMITH	DIRECTOR	N/A	Director	$0	$0	$0
CHIP STOCKMAN	VICE CHAIR	N/A	Officer Director	$0	$0	$0
ADAM TAYLOR	DIRECTOR	N/A	Director	$0	$0	$0
HENRY WATTS	DIRECTOR	N/A	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
2021	$80,333	$492,743	No data	$-412,410
2020	$1,068,239	$819,512	$1,507,063	$248,727
2019	$1,012,624	$989,443	$1,258,336	$23,181
2018	$981,948	$788,074	$1,235,155	$193,874

PARTNERSHIP FOR A GREATER GREENWOOD COUNTY INC