Palmetto Energy Coalition Inc

EIN: 822948563

Columbia, SC

Total Revenue
$414,509
Total Expenses
$420,721
Total Assets
$321
Net Assets
$321
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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
DE
Principal Officer
Karl S Bowers Jr
Phone
8037531099
Tax Period
2018-01-01 to 2018-12-31

Palmetto Energy Coalition Inc, founded in 2017, is a small nonprofit that reported $415K in total revenue in fiscal year 2018. Revenue surged 362% from the prior year, signaling strong growth momentum.

Mission

Providing social welfare, including, but not limited to, fostering reliable, affordable, and environmentally sound energy for South Carolina.

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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 (2018)

Revenue Breakdown

Contributions & Grants $414,509
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $414,509

Expense Breakdown

Grants Paid $50,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $414,163
Other Expenses $370,721
TOTAL EXPENSES $420,721

Year-over-Year Comparison

2018 2017 Change
Revenue $414,509 $89,700 +3.6%
Expenses $420,721 $83,167 +4.1%
Net Income $-6,212 $6,533 -2.0%
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
1
Independent Members
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karl S Bowers Jr President 5.00
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
2018 $414,509 $420,721 $321 $-6,212
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