Lincolnville Preservation & Historical Society Inc

EIN: 862911720 501(c)(3) Arts, Culture & Humanities

Summerville, SC

Total Revenue
$118,970
Total Expenses
$36,413
Total Assets
$96,946
Net Assets
$96,946
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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
Pernessa C Seele
Phone
9174398114
Tax Period
2025-01-01 to 2025-12-31

Lincolnville Preservation & Historical Society Inc, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $119K in total revenue in fiscal year 2025. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 69% operating margin.

Mission

The Lincolnville Preservation & Historical Society Inc. works to enrich and preserve the cultural heritage and intangible attributes of Lincolnville, one of the oldest African American towns in the State of the South Carolina. The organization offers programs designed to educate in the areas of: historic preservation, health, economic and social determinates of residents living in Lincolnville and vicinity.

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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 $118,970
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $118,970

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $14,773
Program Expenses $14,620
Other Expenses $36,413
TOTAL EXPENSES $36,413

Year-over-Year Comparison

2025 2024 Change
Revenue $118,970 $51,955 +1.3%
Expenses $36,413 $47,811 -0.2%
Net Income $82,557 $4,144 +18.9%
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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Governance

Voting Members
6
Independent Members
6
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
1
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Pernessa Seele President 20.00
Officer
$0 $0 $0
Yolanda Reed Director 1.00
Director
$0 $0 $0
Stephen Kohn Director 1.00
Director
$0 $0 $0
Dr Lionell Sabb Director 1.00
Director
$0 $0 $0
Dr Isaac McCoy Director 1.00
Director
$0 $0 $0
Tyrone E Aiken Director 1.00
Director
$0 $0 $0
Willis Steele Director 1.00
Director
$0 $0 $0
Myra Dyson Director 1.00
Director
$0 $0 $0
Dani Gerald Director 1.00
Director
$0 $0 $0
Dr Valinda Littlefield Director 1.00
Director
$0 $0 $0
Val Patrick Director 1.00
Director
$0 $0 $0
Julius Turner Director 1.00
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 $118,970 $36,413 $96,946 $82,557
2024 $51,955 $47,811 $14,389 $4,144
2023 $38,102 $29,617 $10,245 $8,485
2022 $10,884 $24,214 $2,170 $-13,330
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