Palmetto Energy Coalition Inc

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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

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.

Program Service Accomplishments

Program 1

Expenses: $414,163

Engaged in communications and research activities in support of reliable, affordable and environmentally sound energy policies 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%)

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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

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