Gullah Geechee Chamber Foundation

EIN: 852805943 501(c)(3) Human Services

Georgetown, SC

Total Revenue
$457,041
Total Expenses
$370,071
Total Assets
$158,505
Net Assets
$158,505
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
SC
Principal Officer
Marilyn L Hemingway
Tax Period
2023-01-01 to 2023-12-31

Gullah Geechee Chamber Foundation, founded in 2020, is a small nonprofit in the Human Services sector that reported $457K in total revenue in fiscal year 2023. The organization ran a surplus of $87K, a strong 19% operating margin.

Mission

Our mission of this organization is to educate, inform, and grow the background of the African heritage and culture. Also to preserve and enhance the knowledge and well being of the enviroment, while enhancing the understanding of ecosystem and solar energy.

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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 (2023)

Revenue Breakdown

Contributions & Grants $457,041
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $457,041

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,300
Fundraising Expenses $0
Program Expenses $254,171
Other Expenses $322,771
TOTAL EXPENSES $370,071

Year-over-Year Comparison

2023 2022 Change
Revenue $457,041 N/A N/A
Expenses $370,071 N/A N/A
Net Income $86,970 N/A N/A
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
8

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
Marilyn L Hemingway Officer 0.00
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
2023 $457,041 $370,071 $158,505 $86,970
2022 $142,803 $381,160 $108,377 $-238,357
2021 $386,088 $49,444 $346,734 $336,644
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