Palmetto Clan 189

EIN: 921242495 501(c)(3) Philanthropy & Grantmaking

Moncks Corner, SC

Total Revenue
$129,092
Total Expenses
$121,473
Total Assets
$7,619
Net Assets
$7,619
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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
Tax Period
2023-01-01 to 2023-12-31

Palmetto Clan 189, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $129K in total revenue in fiscal year 2023. Expenses of $121K left a modest 6% surplus.

Mission

Raise money to support Shriners Childrens Hospitals

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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 $129,092
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $129,092

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $121,473
Other Expenses $21,473
TOTAL EXPENSES $121,473

Year-over-Year Comparison

2023 2022 Change
Revenue $129,092 N/A N/A
Expenses $121,473 N/A N/A
Net Income $7,619 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
28
Independent Members
N/A
Employees
N/A
Volunteers
28

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Bailey Rabban 0.00
Officer
$0 $0 $0
William Reynolds Treasurer 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 $129,092 $121,473 $7,619 $7,619
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