UNIVERSITY OF SOUTH CAROLINA BEAUFORT EDUCATION FOUNDATION

EIN: 834290457 501(c)(3) Education

BLUFFTON, SC

Total Revenue
$3,718,320
Total Expenses
$515,022
Total Assets
$4,739,758
Net Assets
$4,739,758
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
SC
Principal Officer
JUSTIN RICE
Phone
8432088255
Tax Period
2025-01-01 to 2025-12-31

UNIVERSITY OF SOUTH CAROLINA BEAUFORT EDUCATION FOUNDATION, founded in 2019, is a community nonprofit in the Education sector that reported $3.7M in total revenue in fiscal year 2025. Revenue surged 347% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.2M, a strong 86% operating margin.

Mission

THE MISSION OF THE UNIVERSITY OF SOUTH CAROLINA BEAUFORT EDUCATION FOUNDATION IS TO SUPPORT THE UNIVERSITY OF SOUTH CAROLINA BEAUFORT IN ALL OF ITS EDUCATIONAL, INSTRUCTIONAL, SCIENTIFIC, LITERARY, RESEARCH, SERVICE, CHARITABLE, AND OUTREACH ENDEAVORS AND TO MAXIMIZE PRIVATE-SECTOR OPPORTUNITIES AND SUPPORT, THEREBY, EMPOWERING THE UNIVERSITY TO PROVIDE A MARGIN OF EXCELLENCE BEYOND WHAT IS ACHIEVABLE WITH STATE, COUNTY, AND MUNICIPAL FUNDS ALONE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $3,524,229
Program Service Revenue $0
Investment Income $120,189
Other Revenue $73,902
TOTAL REVENUE $3,718,320

Expense Breakdown

Grants Paid $431,296
Salaries & Benefits $0
Fundraising Expenses $1,156
Program Expenses $454,465
Other Expenses $83,726
TOTAL EXPENSES $515,022

Year-over-Year Comparison

2025 2024 Change
Revenue $3,718,320 $831,813 +3.5%
Expenses $515,022 $355,343 +0.4%
Net Income $3,203,298 $476,470 +5.7%
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

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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
15
Independent Members
15
Employees
N/A
Volunteers
15

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
$105,483
Total Directors
16
$105,483
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY DANIELS EXECUTIVE DI 4.00
Officer Director
$0 $0 $105,483
STEVE BIRDWELL BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN BRINKLEY BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS FORSTER BOARD MEMBER 2.00
Director
$0 $0 $0
CHRISTINA GALBREATH GONZALEZ BOARD MEMBER 2.00
Director
$0 $0 $0
TRAY HUNTER BOARD MEMBER 2.00
Director
$0 $0 $0
JOSEPH FRASER III BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID JOHNSON BOARD MEMBER 2.00
Director
$0 $0 $0
KATHLEEN JORDAN BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT JORDAN BOARD MEMBER 2.00
Director
$0 $0 $0
LLOYD NEWTON BOARD MEMBER 2.00
Director
$0 $0 $0
AL PANU EX-OFFICIO 2.00
Director
$0 $0 $0
HOLTON TIMBERLAKE PEARCE BOARD MEMBER 2.00
Director
$0 $0 $0
COLEMAN PETERSON BOARD MEMBER 2.00
Director
$0 $0 $0
JUSTIN RICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
RICHARD STEWART VICE-CHAIRMA 2.00
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
2025 $3,718,320 $515,022 $4,739,758 $3,203,298
2024 No data No data No data No data
2023 $881,812 $166,839 $2,001,983 $714,973
2022 $160,237 $123,710 $1,196,870 $36,527
2021 $88,553 $62,720 $1,360,774 $25,833
2020 $189,530 $44,854 $1,227,002 $144,676
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