SOUTH CAROLINA ADVOCATES FOR AGRICULTURE

EIN: 611488510 501(c)(3) Food, Agriculture & Nutrition

Cayce, SC

Total Revenue
$440,900
Total Expenses
$457,899
Total Assets
$29,123
Net Assets
$29,123
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
SC
Principal Officer
Ronald L Summers
Phone
8039364676
Tax Period
2020-01-01 to 2020-12-31

SOUTH CAROLINA ADVOCATES FOR AGRICULTURE, founded in 2015, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $441K in total revenue in fiscal year 2020. Revenue surged 745% from the prior year, signaling strong growth momentum.

Mission

To promote and support South Carolina Agriculture; promote education to improve products and operations; support other South Carolina Agricultural charitable and educational organizations; and to provide disaster relief.

Program Service Accomplishments

Program 1
Expenses: $453,577 Revenue: $423,600

Payments to farm producers and distributors providing agricultural products to food banks during 2020 pandemic as part of a community outreach program.

Program 2
Expenses: $3,000 Revenue: $0

Support for other charitable and educational programs.

Program 3
Expenses: $1,000 Revenue: $0

Providing support through contributions to other charitable organizations that promote agriculture as well as those providing education about the agricultural industry.

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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 (2020)

Revenue Breakdown

Contributions & Grants $440,900
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $440,900

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $457,577
Other Expenses $457,899
TOTAL EXPENSES $457,899

Year-over-Year Comparison

2020 2019 Change
Revenue $440,900 $52,160 +7.5%
Expenses $457,899 $36,617 +11.5%
Net Income $-16,999 $15,543 -2.1%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
22

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr George Askew Director 0.30
Director
$0 $0 $0
Cullen Bryant Director 0.30
Director
$0 $0 $0
Christian Hendrix Director 0.30
Director
$0 $0 $0
Billy Keels Director 0.30
Director
$0 $0 $0
Dr Louis Whitesides Director 0.3
Director
$0 $0 $0
Boone Peeler Director 0.30
Director
$0 $0 $0
Will Peeler Director 0.30
Director
$0 $0 $0
JEB Wilson Director 0.30
Director
$0 $0 $0
James Ulmer Director 0.30
Director
$0 $0 $0
Joe Watson II Director 0.30
Director
$0 $0 $0
Neil Crisp Vice President 0.3
Officer
$0 $0 $0
Eric Seymour Secretary / Treasurer 0.30
Officer
$0 $0 $0
Ronald L Summer President 0.30
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
2020 $440,900 $457,899 $29,123 $-16,999
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