OPPORTUNITY SOUTH CAROLINA (EIN 850901332) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

MARK ELLIOTT

Phone

8642714094

Tax Period

2023-01-01 to 2023-12-31

OPPORTUNITY SOUTH CAROLINA, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $7.3M in total revenue in fiscal year 2023. Revenue surged 3491% from the prior year, signaling strong growth momentum. Expenses of $14.8M exceeded revenue, resulting in a 103% operating deficit.

Mission

OPPORTUNITY SOUTH CAROLINA IS A NONPROFIT INITIATIVE DEDICATED TO CONNECTING INVESTORS WITH INVESTABLE ASSETS IN SOUTH CAROLINA'S OPPORTUNITY ZONES. OPPORTUNITY SOUTH CAROLINA IS AN AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT CORPORATION. BY USING A DATA-DRIVEN APPROACH, WE BRING INVESTORS, OPPORTUNITIES, COMMUNITIES, AND KEY INSTITUTIONAL SUPPORTERS TOGETHER TO GENERATE REAL TRIPLE BOTTOM LINE RETURNS (FINANCIAL, SOCIAL AND ENVIRONMENTAL) WHILE IMPROVING ECONOMIC VITALITY AND QUALITY OF LIFE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,827,747

Investment Income $450,141

Other Revenue $0

TOTAL REVENUE $7,277,888

Expense Breakdown

Grants Paid $0

Salaries & Benefits $788,555

Fundraising Expenses $0

Program Expenses $14,419,736

Other Expenses $13,990,438

TOTAL EXPENSES $14,778,993

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,277,888	$202,660	+34.9%
Expenses	$14,778,993	$595,552	+23.8%
Net Income	$-7,501,105	$-392,892	+18.1%

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

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
MARK ELLIOTT	PRESIDENT	1.00	Officer Director	$0	$0	$0
CORY OUELLETTE	TREASURER	1.00	Officer Director	$0	$0	$0
KYLIE FELKER	SECRETARY	1.00	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
2024	No data	No data	No data	No data
2023	$7,277,888	$14,778,993	$94,964,118	$-7,501,105
2022	$202,660	$595,552	$73,000,148	$-392,892

OPPORTUNITY SOUTH CAROLINA