MYRTLE BEACH, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PALMETTO LITERACY COUNCIL, founded in 2019, is a small nonprofit in the Education sector that reported $225K in total revenue in fiscal year 2025. Revenue surged 41% from the prior year, signaling strong growth momentum.
Palmetto Literacy Council PLC provides tutoring lessons to grade school children and adults. PLC has over 64 volunteer tutors who provide services to school children and adults who struggle with basic literacy and math skills. As of December 2025 69 children and 8 adults were receiving tutoring lessons for two hours per week representing an increase of 10% compared to one year ago.
PLC has been providing tutoring lessons to grade school children since 2019. During 2025 69 children received free tutoring lessons for two hours per week. The number of children being tutored...
PLC has been providing tutoring lessons to grade school children since 2019. During 2025 69 children received free tutoring lessons for two hours per week. The number of children being tutored represents a 10% increase compared to the 2024 year.
PLC also provides tutoring lessons to adults through its English Language Learning ELL program which is being funded through a Community Development Block Grant from the US Housing and Urban...
PLC also provides tutoring lessons to adults through its English Language Learning ELL program which is being funded through a Community Development Block Grant from the US Housing and Urban Development Agency. The 2025 year was the initial year of this ELL program and 7 students were enrolled as of year-end.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $224,670 | $158,803 | +0.4% |
| Expenses | $229,300 | $185,930 | +0.2% |
| Net Income | $-4,630 | $-27,127 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dr Julie Hodges | Executive Director | 50.00 |
Officer
|
$39,038 | $0 | $39,038 |
| Dr Preston McKever-Floyd | Chairman | 1.00 |
Director
|
$0 | $0 | $0 |
| Bonnie Kelley | Secretary | 2.00 |
Director
|
$0 | $0 | $0 |
| Dee Gainey | Treasurer | 1.00 |
Director
|
$0 | $0 | $0 |
| Bobbie Lipman | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Tom Winslow | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tonya Robinson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Taneisha Gore | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Kim Rodgers-Clora | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $224,670 | $229,300 | $54,892 | $-4,630 |
Compare PALMETTO LITERACY COUNCIL with other nonprofits in South Carolina and across the country.