SOUTH CAROLINA SOLAR BUSINESS ALLIANCE INC (EIN 800558302) - 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

2017

Legal Domicile

Principal Officer

BRET SOWERS

Tax Period

2021-01-01 to 2021-12-31

SOUTH CAROLINA SOLAR BUSINESS ALLIANCE INC, founded in 2017, is a micro nonprofit that reported $73K in total revenue in fiscal year 2021. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $175K exceeded revenue, resulting in a 141% operating deficit.

Mission

THROUGH EDUCATION AND POLITICAL ACTION, THE SOLAR BUSINESS ALLIANCE WORKS WITH LAWMAKERS AND EXISTING ENERGY PRODUCERS IN AN EFFORT TO CREATE ECONOMIC DEVELOPMENT OPPORTUNITIES FOR THE STATE OF SOUTH CAROLINA THROUGH CLEAN ENERGY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $72,858

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $72,858

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $175,356

TOTAL EXPENSES $175,356

Year-over-Year Comparison

	2021	2020	Change
Revenue	$72,858	$276,000	-0.7%
Expenses	$175,356	$236,785	-0.3%
Net Income	$-102,498	$39,215	-3.6%

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

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
ANDREW STREIT	FOUNDER	1.00	Officer Director	$0	$0	$0
BRET SOWERS	DIRECTOR	1.00	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
2021	$72,858	$175,356	$13,927	$-102,498
2020	$276,000	$236,785	$170,508	$39,215
2019	$289,000	$218,872	$79,537	$70,128
2018	$161,375	$155,628	$9,408	$5,747

SOUTH CAROLINA SOLAR BUSINESS ALLIANCE INC