Civic Intelligence

Palmetto Works Community Development

EIN 26-4805210 • 501(c)3 • Conway, SC

Profile

To provide economic development for individuals and families in our community

505 Church StreetConway, SC 29526

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.35x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

18th percentile

-34%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

28th percentile

-24%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

67th percentile

14%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$25,999

Up $17,868 (+220%) from 2022

Liabilities

Down

$1,401

Down $1,406 (-50%) from 2022

Net Assets

Up

$24,598

Up $19,274 (+362%) from 2022

Operations
Liabilities / Revenue76th percentileNet Margin18th percentile

Revenue

Up

$89,252

Up $13,178 (+17%) from 2022

Expenses

Down

$69,978

Down $31,629 (-31%) from 2022

Net Income

Up

$19,274

Up $44,807 (+175%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2020: $13,967Liabilities 2020: $1,801Net Assets 2020: $12,1662020Assets 2021: $30,857Net Assets 2021: $30,8572021Assets 2022: $8,131Liabilities 2022: $2,807Net Assets 2022: $5,3242022Assets 2023: $25,999Liabilities 2023: $1,401Net Assets 2023: $24,5982023

Highlighted filing

2023

Assets$25,999
Liabilities$1,401
Net Assets$24,598
Open 2023 Filing

Operations Trend

Revenue Growth67th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2020: $58,559Expenses 2020: $51,207Net Income 2020: $7,3522020Revenue 2021: $90,221Expenses 2021: $71,530Net Income 2021: $18,6912021Revenue 2022: $76,074Expenses 2022: $101,607Net Income 2022: -$25,5332022Revenue 2023: $89,252Expenses 2023: $69,978Net Income 2023: $19,2742023

Highlighted filing

2023

Revenue$89,252
Expenses$69,978
Net Income$19,274
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,999
Liabilities
$1,401
Net assets
$24,598
Revenue
$89,252
Expenses
$69,978
Net income
$19,274
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.26$0.01$0.25$0.89$0.70$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.08$0.03$0.05$0.76$1.02$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.31$0.90$0.72$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.14$0.02$0.12$0.59$0.51$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$89,252
Mission and Program Overview

Mission

To provide economic development for individuals and families in our community

Program Services

DescriptionGrantsExpenses
SUMMER CAMP AND AFTER SCHOOL ACTIVITIES FOR CHILDREN, WITH PARENTAL VOLUNTEERS, TO HELP MAINTAIN ACADEMIC GAINS IN A SAFE ENVIRONMENT FOR THE OVERALL BENEFIT TO THEIR FAMILIES. IT INCLUDED MEALS, READING PROGRAMS,FIELD TRIPS, AND MUSIC LESSONS. ALSO PROVIDING FOOD & NUTRITIONAL INFORMATION TO COMBAT HIGH RISK HEALTH ISSUES.-$56,908
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHERYL ADAMSONExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Palmetto Works Community Development
EIN
26-4805210
Phone
8433331911
Address
505 CHURCH STREET, CONWAY, SC 29526

Signing Officer

Name
Cheryl Adamson
Title
Board Chair
Signed
2024-11-12
Discuss with paid preparer
Yes

Preparer

Firm
COOPER and JASKOT CPAS LLC
Address
4305 MAYFAIR ST, MYRTLE BEACH, SC 29577
Preparer
Arlene Jaskot
Phone
8434974877
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Rental of unused space $1300”

Other Expenses.1001

“Advertising and Promotion $1377”

Other Expenses.1002

“Office Expenses $707”

Other Expenses.1009

“Depreciation $2389”

Other Expenses.1012

“Insurance $4662”

Other Expenses.1

“CONTRACT LABOR $21293”

Other Expenses.2

“VEHICLE LEASE $4927”

Other Expenses.3

“FUNDRAISING $3500”

Other Expenses.4

“Travel, entertainment and meal $1749”

Other Expenses.5

“EQUIPMENT RENT $1028”

Other Expenses.6

“SUPPLIES $1025”

Other Expenses.7

“BANK CHARGES $924”

Other Expenses.8

“MEMBERSHIPS $275”

Other Expenses.9

“BOOKS $271”

Other Expenses.10

“BANK CHARGES $218”

Other Expenses.11

“Repairs and maintenance $186”

Other Expenses.12

“Other operating expense $159”

Other Expenses.13

“DUES & SUBCRIPTIONS $90”

Other Expenses.14

“Other program expenses $89”

Other Expenses.15

“LICENSES $45”

Other Assets.1001

“Automobiles - Beginning $0 Automobiles - Ending $16110”

Total Liabilities.1

“PAYROLL TAXES PAYABLE - Beginning $2807 PAYROLL TAXES PAYABLE - Ending $1401”

Raw XML Appendix182 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AmendedReturnInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0CHERYL ADAMSON
IRS990EZ/BooksInCareOfDetail/PhoneNum08433331911
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01931 FULMER STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CONWAY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029526
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08131
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09889
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt087952
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019274
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01040
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08131
IRS990EZ/Form990TotalAssetsGrp/EOYAmt025999
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt089252
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05324
IRS990EZ/NetAssetsOrFundBalancesEOYAmt024598
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05324
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt024598
IRS990EZ/OccupancyRentUtltsAndMaintAmt06266
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHERYL ADAMSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt016110
IRS990EZ/OtherExpensesTotalAmt044914
IRS990EZ/OtherRevenueTotalAmt01300
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE ECONOMIC DEVELOPMENT FOR INDIVIDUALS AND FAMILIES IN OUR COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUMMER CAMP AND AFTER SCHOOL ACTIVITIES FOR CHILDREN, WITH PARENTAL VOLUNTEERS, TO HELP MAINTAIN ACADEMIC GAINS IN A SAFE ENVIRONMENT FOR THE OVERALL BENEFIT TO THEIR FAMILIES. IT INCLUDED MEALS, READING PROGRAMS,FIELD TRIPS, AND MUSIC LESSONS. ALSO PROVIDING FOOD & NUTRITIONAL INFORMATION TO COMBAT HIGH RISK HEALTH ISSUES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt056908
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt017758
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02807
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01401
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt069978
IRS990EZ/TotalProgramServiceExpensesAmt056908
IRS990EZ/TotalRevenueAmt089252
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt076597
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt079515
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt084228
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt058559
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt050331
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0349230
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0349230
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt076597
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt079515
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt084228
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt058559
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt050331
IRS990ScheduleA/Total509Grp/TotalAmt0349230
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt076597
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt079515
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt084228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt058559
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt050331
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0349230
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RENTAL OF UNUSED SPACE $1300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $1377
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $707
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $2389
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $4662
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT LABOR $21293
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6VEHICLE LEASE $4927
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FUNDRAISING $3500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TRAVEL, ENTERTAINMENT AND MEAL $1749
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9EQUIPMENT RENT $1028
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SUPPLIES $1025
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BANK CHARGES $924
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MEMBERSHIPS $275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13BOOKS $271
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14BANK CHARGES $218
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15REPAIRS AND MAINTENANCE $186
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16OTHER OPERATING EXPENSE $159
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17DUES & SUBCRIPTIONS $90
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18OTHER PROGRAM EXPENSES $89
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19LICENSES $45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Automobiles - Beginning $0 Automobiles - Ending $16110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21PAYROLL TAXES PAYABLE - Beginning $2807 PAYROLL TAXES PAYABLE - Ending $1401
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Other Expenses.13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Other Expenses.14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Other Expenses.15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Other Assets.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Total Liabilities.1
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHERYL ADAMSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMETTO WORKS COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0264805210
ReturnHeader/Filer/PhoneNum08433331911
ReturnHeader/Filer/USAddress/AddressLine1Txt0505 CHURCH STREET
ReturnHeader/Filer/USAddress/CityNm0CONWAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029526
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0571130977
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COOPER and JASKOT CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04305 MAYFAIR ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MYRTLE BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029577
ReturnHeader/PreparerPersonGrp/PhoneNum08434974877
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ARLENE JASKOT
ReturnHeader/ReturnTs02024-11-12T06:28:37-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.