LEE STREET FACILITIES CORPORATION

EIN: 994961196 501(c)(3)

ROCK HILL, SC

Total Revenue
$9,520,312
Total Expenses
$9,520,312
Total Assets
N/A
Net Assets
N/A
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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
2024
Legal Domicile
SC
Principal Officer
DAVID VEHAUN
Phone
8033298775
Tax Period
2024-10-01 to 2025-06-30

LEE STREET FACILITIES CORPORATION, founded in 2024, is a community nonprofit that reported $9.5M in total revenue in fiscal year 2024.

Mission

THE PURPOSE OF THE CORPORATION IS TO ASSIST THE CITY OF ROCK HILL SC (THE CITY) BY ACQUIRING, DEVELOPING, SELLING, DONATING, CONTRIBUTING, OWNING, OPERATING, LEASING, MANAGING, FINANCING, OR REFINANCING REAL PROPERTY AND IMPROVEMENTS THEREON, FOR THE BENEFIT OF THE CITY, ITS CITIZENS, AND ITS VISITORS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $9,520,312
TOTAL REVENUE $9,520,312

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,520,312
Other Expenses $9,520,312
TOTAL EXPENSES $9,520,312

Year-over-Year Comparison

2024 2023 Change
Revenue $9,520,312 N/A N/A
Expenses $9,520,312 N/A N/A
Net Income $0 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
3
Independent Members
N/A
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
4
$843,355
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID VEHAUN PRESIDENT 1.00
Officer
$0 $31,773 $363,111
STEVEN GIBSON VICE-PRESIDE 1.00
Officer
$0 $16,909 $295,365
ANNE HARTY PAST SEC/TRE 1.00
Officer
$0 $0 $184,879
MADDISON P WILKERSON CURRENT SEC/ 1.00
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
2025 $9,520,312 $9,520,312 No data No data
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