Civic Intelligence

Palmetto Works Community Development Corporation

990EZ • Fiscal year 2021 • EIN 26-4805210

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 01, 2022

505 Church StreetConway, SC 29526

(843) 333-1911

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

65th percentile

21%

Higher net margin than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

91st percentile

121%

Faster asset growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

76th percentile

54%

Faster revenue growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$30,857

Up $16,890 (+121%) from 2020

Net Assets

Up

$30,857

Up $18,691 (+154%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$90,221

Up $31,662 (+54%) from 2020

Expenses

Up

$71,530

Up $20,323 (+40%) from 2020

Net Income

Up

$18,691

Up $11,339 (+154%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2021

Assets$30,857
Liabilities-
Net Assets$30,857

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$90,221
Expenses$71,530
Net Income$18,691
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 1, 2022
Return Version
2021v4.0
Gross Receipts
$92,710
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.--
Compensation and Service Providers

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
2022-11-01
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 Expenses.1001

Advertising and Promotion $1224

Other Expenses.1002

Office Expenses $547

Other Expenses.1012

Insurance $4536

Other Expenses.1

SUPPLIES $7121

Other Expenses.2

CONTRACT LABOR $6004

Other Expenses.3

CONSULTANT $2500

Other Expenses.4

OPERATING EXPENSE $2100

Other Expenses.5

EQUIPMENT RENT $2038

Other Expenses.6

Travel, entertainment and meal $2013

Other Expenses.7

FUNDRAISING $1975

Other Expenses.8

PROGRAM EXPENSE $733

Other Expenses.9

BANK CHARGES $464

Other Expenses.10

Other program expenses $401

Other Expenses.11

Program expense training $150

Other Expenses.12

Other program expenses $111

Other Expenses.13

GIFTS $100

Other Expenses.14

Postage and express fees $70

Other Expenses.15

PROCESSING FEES $60

Other Expenses.16

CONTINUING EDUCATION $45

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $1801 Accounts Payable and Accrued Expenses - Ending $0

Raw XML Appendix185 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.

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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/EIN0264805210
ReturnHeader/Filer/PhoneNum08433331911
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04305 MAYFAIR ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MYRTLE BEACH
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ReturnHeader/PreparerPersonGrp/PhoneNum08434974877
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ReturnHeader/ReturnTs02022-11-01T08:43:34-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHERYL
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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