THE ANGLICAN DIOCESE OF SOUTH CAROLINA DEVELOPMENT FUND

EIN: 882785755 501(c)(3) Religion

CHARLESTON, SC

Total Revenue
$375,683
Total Expenses
$95,722
Total Assets
$486,171
Net Assets
$486,171
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
SC
Principal Officer
JAMES B LEWIS
Phone
8437224075
Tax Period
2023-01-01 to 2023-12-31

THE ANGLICAN DIOCESE OF SOUTH CAROLINA DEVELOPMENT FUND, founded in 2022, is a small nonprofit in the Religion sector that reported $376K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $280K, a strong 75% operating margin.

Mission

THE CORPORATION'S CHARITABLE PURPOSES INCLUDE THE SOLICITING, MANAGING AND DISBURSING OF FUNDS FOR THE BENEFIT OF THE ENTITY DOING BUSINESS AS THE ANGLICAN DIOCESE OF SOUTH CAROLINA (DIOCESE), ITS PARISHES, ITS CHURCH PLANTS, RECTORIES FOR PARISHES AND SUCH OTHER ACTIVITIES WHICH SUPPORT THE DIOCESE.

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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 $372,221
Program Service Revenue $0
Investment Income $3,462
Other Revenue $0
TOTAL REVENUE $375,683

Expense Breakdown

Grants Paid $93,150
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $93,150
Other Expenses $2,572
TOTAL EXPENSES $95,722

Year-over-Year Comparison

2023 2022 Change
Revenue $375,683 $323,973 +0.2%
Expenses $95,722 $117,763 -0.2%
Net Income $279,961 $206,210 +0.4%
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
14
Independent Members
14
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
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TYLER PRESCOTT MEMBER 2.00
Director
$0 $0 $0
TODD SIMONIS MEMBER 2.00
Director
$0 $0 $0
CHUCK OWENS MEMBER 2.00
Director
$0 $0 $0
KARL BURNS MEMBER 2.00
Director
$0 $0 $0
PEET DICKINSON MEMBER 2.00
Director
$0 $0 $0
DENMAN ISGETT MEMBER 2.00
Director
$0 $0 $0
RON GREISER MEMBER 2.00
Director
$0 $0 $0
KEN WELDON MEMBER 2.00
Director
$0 $0 $0
ALONZO GALVAN MEMBER 2.00
Director
$0 $0 $0
ANN HESTER WILLIS MEMBER 2.00
Director
$0 $0 $0
CHARLES F EDGAR PRESIDENT 2.00
Officer Director
$0 $0 $0
BEN HAGOOD VICE-PRESIDENT 2.00
Officer Director
$0 $0 $0
JIM LEWIS SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
MARY ELLEN DORAN MEMBER 2.00
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
2024 No data No data No data No data
2023 $375,683 $95,722 $486,171 $279,961
2022 $323,973 $117,763 $206,210 $206,210
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