Greenville Country Club Scholarship Foundation

EIN: 881668696 501(c)(3) Education

Greenville, SC

Total Revenue
$366,499
Total Expenses
$91,984
Total Assets
$600,302
Net Assets
$600,302
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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
2022
Legal Domicile
SC
Principal Officer
FRANK DAVIS
Phone
8642364245
Tax Period
2025-01-01 to 2025-12-31

Greenville Country Club Scholarship Foundation, founded in 2022, is a small nonprofit in the Education sector that reported $366K in total revenue in fiscal year 2025. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $275K, a strong 75% operating margin.

Mission

To identify qualified applicants in order to provide scholarship grants for advanced career educational opportunities that may otherwise go unfulfilled.

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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 $307,644
Program Service Revenue $0
Investment Income $14,120
Other Revenue $44,735
TOTAL REVENUE $366,499

Expense Breakdown

Grants Paid $88,000
Salaries & Benefits $0
Fundraising Expenses $3,930
Program Expenses $88,000
Other Expenses $3,984
TOTAL EXPENSES $91,984

Year-over-Year Comparison

2025 2024 Change
Revenue $366,499 $218,946 +0.7%
Expenses $91,984 $83,112 +0.1%
Net Income $274,515 $135,834 +1.0%
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
13
Independent Members
13
Employees
N/A
Volunteers
13

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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Clarence Edwards Treasurer 1.00
Officer Director
$0 $0 $0
Frank Davis President 1.00
Officer Director
$0 $0 $0
Nate Einstein Secretary 1.00
Officer Director
$0 $0 $0
Pat Sullivan Vice President 1.00
Officer Director
$0 $0 $0
Col Frank Foster Board Member 1.00
Director
$0 $0 $0
Eva-Marie Fox Board Member 1.00
Director
$0 $0 $0
Jan Schipper Board Member 1.00
Director
$0 $0 $0
John Reynolds Board Member 1.00
Director
$0 $0 $0
Lee Tupper Board Member 1.00
Director
$0 $0 $0
Meg Hyche Board Member 1.00
Director
$0 $0 $0
Blair Bailey Board Member 1.00
Director
$0 $0 $0
Traci Hughes Board Member 1.00
Director
$0 $0 $0
Jonathan Mullikin Board Member 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 $366,499 $91,984 $600,302 $274,515
2024 $218,946 $83,112 $325,787 $135,834
2023 $209,503 $57,794 $200,595 $151,709
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