PALMETTO CENTER FOR WOMEN INC

EIN: 822843856 501(c)(3)

COLUMBIA, SC

Total Revenue
$68,430
Total Expenses
$592,047
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
2017
Legal Domicile
SC
Principal Officer
ELIZABETH NKUO JOHNSON
Phone
8037999695
Tax Period
2022-01-01 to 2022-12-31

PALMETTO CENTER FOR WOMEN INC, founded in 2017, is a micro nonprofit that reported $68K in total revenue in fiscal year 2022. Revenue surged 82% from the prior year, signaling strong growth momentum. Expenses of $592K exceeded revenue, resulting in a 765% operating deficit.

Mission

TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR WOMEN AND GIRLS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $68,430
Other Revenue $0
TOTAL REVENUE $68,430

Expense Breakdown

Grants Paid $573,803
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $574,620
Other Expenses $18,244
TOTAL EXPENSES $592,047

Year-over-Year Comparison

2022 2021 Change
Revenue $68,430 $37,569 +0.8%
Expenses $592,047 $15,163 +38.0%
Net Income $-523,617 $22,406 -24.4%
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
4
Independent Members
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARA HAZZARD SECRETARY 1.00
Officer
$0 $0 $0
ELIZABETH NKUO JOHNSON PRESIDENT 1.00
Officer
$0 $0 $0
MELISA CAUGHMAN VICE PRESIDENT 1.00
Officer
$0 $0 $0
ELISABETH WINGARD TREASURER 1.00
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
2022 $68,430 $592,047 No data $-523,617
2021 $37,569 $15,163 $617,974 $22,406
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