USC ALUMNI CENTER CORPORATION

EIN: 800911426 501(c)(3)

COLUMBIA, SC

Total Revenue
$3,901,231
Total Expenses
$470,396
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
2013
Legal Domicile
SC
Principal Officer
WES HICKMAN
Phone
8037774111
Tax Period
2020-07-01 to 2021-01-20

USC ALUMNI CENTER CORPORATION, founded in 2013, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2020. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.4M, a strong 88% operating margin.

Mission

SEE MISSION STATEMENT ABOVE

Program Service Accomplishments

Program 1
Expenses: $435,896 Revenue: $449,774

TO PROMOTE THE DEVELOPMENT OF THE UNIVERSITY OF SOUTH CAROLINA ALUMNI ASSOCIATION, A SOUTH CAROLINA NONPROFIT CORPORATION, AND THE UNIVERSITY OF SOUTH CAROLINA ("THE UNIVERSITY") TO MEET THE NEEDS OF...

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TO PROMOTE THE DEVELOPMENT OF THE UNIVERSITY OF SOUTH CAROLINA ALUMNI ASSOCIATION, A SOUTH CAROLINA NONPROFIT CORPORATION, AND THE UNIVERSITY OF SOUTH CAROLINA ("THE UNIVERSITY") TO MEET THE NEEDS OF THE STATE FOR AN INSTITUTION OF HIGHER EDUCATION, AND TO ENCOURAGE THE MAINTENANCE OF ITS SCHOLARSHIP AND HIGH TRADITION.

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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 $0
Program Service Revenue $449,774
Investment Income $1,457
Other Revenue $3,450,000
TOTAL REVENUE $3,901,231

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $435,896
Other Expenses $470,396
TOTAL EXPENSES $470,396

Year-over-Year Comparison

2020 2019 Change
Revenue $3,901,231 $1,982,173 +1.0%
Expenses $470,396 $4,721,445 -0.9%
Net Income $3,430,835 $-2,739,272 -2.3%
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

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Governance

Voting Members
3
Independent Members
1
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
3
$379,744
Total Directors
3
$379,744
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WES HICKMAN CHIEF EXECUTIVE OFFICER 10.00
Officer Director
$0 $38,239 $244,929
ELIZABETH MUTH CHIEF OPERATING OFFICER 5.00
Officer Director
$0 $38,219 $134,815
KIMBERLY ELLIOT CHIEF EXECUTIVE OFFICER 1.00
Officer 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 $3,901,231 $470,396 No data $3,430,835
2020 $1,982,173 $4,721,445 $23,255,181 $-2,739,272
2019 $2,426,776 $2,322,164 $25,993,996 $104,612
2018 $2,318,469 $2,279,192 $25,845,792 $39,277
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