Civic Intelligence

Palmetto Agribusiness Council

EIN 56-2169719 • 501(c)6 • Columbia, SC

Profile

To define and promote a common agenda to sustain the economic viability of South Carolina's agribusiness industry.

1901 Main St Ste 1225Columbia, SC 29201

www.scagribusiness.org

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

74th percentile

14%

Higher net margin than 74% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

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.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

70th percentile

10.0%

Faster asset growth than 70% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

6.7%

Faster revenue growth than 62% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$425,298

Up $38,613 (+10.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$425,298

Up $38,613 (+10.0%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin74th percentile

Revenue

Up

$275,278

Up $17,299 (+6.7%) from 2023

Expenses

Down

$236,665

Down $4,243 (-1.8%) from 2023

Net Income

Up

$38,613

Up $21,542 (+126%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

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

$600K$400K$200K$0Assets 2011: $78,812Liabilities 2011: $02011Assets 2012: $82,581Liabilities 2012: $0Net Assets 2012: $82,5812012Assets 2013: $95,631Liabilities 2013: $0Net Assets 2013: $95,6312013Assets 2014: $81,954Liabilities 2014: $0Net Assets 2014: $81,9542014Assets 2015: $72,774Liabilities 2015: $0Net Assets 2015: $72,7742015Assets 2016: $64,811Liabilities 2016: $02016Assets 2017: $231,558Liabilities 2017: $0Net Assets 2017: $231,5582017Assets 2018: $174,482Liabilities 2018: $0Net Assets 2018: $174,4822018Assets 2019: $224,256Liabilities 2019: $0Net Assets 2019: $224,2562019Assets 2020: $271,550Liabilities 2020: $0Net Assets 2020: $271,5502020Assets 2021: $338,134Liabilities 2021: $0Net Assets 2021: $338,1342021Assets 2022: $369,614Liabilities 2022: $0Net Assets 2022: $369,6142022Assets 2023: $386,685Liabilities 2023: $0Net Assets 2023: $386,6852023Assets 2024: $425,298Liabilities 2024: $0Net Assets 2024: $425,2982024

Highlighted filing

2024

Assets$425,298
Liabilities$0
Net Assets$425,298
Open 2024 Filing

Operations Trend

Revenue Growth62nd percentile

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

$400K$200K$0-$200KRevenue 2011: $207,647Expenses 2011: $176,585Net Income 2011: $31,0622011Revenue 2012: $211,523Expenses 2012: $207,754Net Income 2012: $3,7692012Revenue 2013: $244,422Expenses 2013: $231,372Net Income 2013: $13,0502013Revenue 2014: $247,287Expenses 2014: $260,964Net Income 2014: -$13,6772014Revenue 2015: $249,247Expenses 2015: $258,427Net Income 2015: -$9,1802015Revenue 2016: $190,692Expenses 2016: $198,655Net Income 2016: -$7,9632016Revenue 2017: $394,136Expenses 2017: $227,389Net Income 2017: $166,7472017Revenue 2018: $233,548Expenses 2018: $290,624Net Income 2018: -$57,0762018Revenue 2019: $220,230Expenses 2019: $170,456Net Income 2019: $49,7742019Revenue 2020: $218,511Expenses 2020: $171,217Net Income 2020: $47,2942020Revenue 2021: $250,251Expenses 2021: $183,667Net Income 2021: $66,5842021Revenue 2022: $252,180Expenses 2022: $220,700Net Income 2022: $31,4802022Revenue 2023: $257,979Expenses 2023: $240,908Net Income 2023: $17,0712023Revenue 2024: $275,278Expenses 2024: $236,665Net Income 2024: $38,6132024

Highlighted filing

2024

Revenue$275,278
Expenses$236,665
Net Income$38,613
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$425,298
Liabilities
$0
Net assets
$425,298
Revenue
$275,278
Expenses
$236,665
Net income
$38,613
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.25$0.00$4.25$2.75$2.37$0.39
2023Detailed filing. Detailed filing data is available for this year.$3.87$0.00$3.87$2.58$2.41$0.17
2022Detailed filing. Detailed filing data is available for this year.$3.70$0.00$3.70$2.52$2.21$0.31
2021Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$2.50$1.84$0.67
2020Detailed filing. Detailed filing data is available for this year.$2.72$0.00$2.72$2.19$1.71$0.47
2019Summary only. Only limited summary data is available for this year.$2.24$0.00$2.24$2.20$1.70$0.50
2018Summary only. Only limited summary data is available for this year.$1.74$0.00$1.74$2.34$2.91$0.57
2017Summary only. Only limited summary data is available for this year.$2.32$0.00$2.32$3.94$2.27$1.67
2016Summary only. Only limited summary data is available for this year.$0.65$0.00$1.91$1.99$0.08
2015Summary only. Only limited summary data is available for this year.$0.73$0.00$0.73$2.49$2.58$0.09
2014Summary only. Only limited summary data is available for this year.$0.82$0.00$0.82$2.47$2.61$0.14
2013Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$2.44$2.31$0.13
2012Summary only. Only limited summary data is available for this year.$0.83$0.00$0.83$2.12$2.08$0.04
2011Summary only. Only limited summary data is available for this year.$0.79$0.00$2.08$1.77$0.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 14, 2025
Return Version
2024v5.0
Gross Receipts
$275,278
Mission and Program Overview

Mission

To define and promote a common agenda to sustain the economic viability of South Carolina's agribusiness industry.

To define and promote a common agenda to sustain the economic viability of South Carolinas agribusiness industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$386,685$425,298▲ $38,613
Savings and Temporary Cash Investments$269,294$282,196▲ $12,902
Cash and Non-Interest-Bearing Accounts$117,391$143,102▲ $25,711
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$386,685$425,298▲ $38,613
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$386,685$425,298▲ $38,613
Total Liabilities and Net Assets / Fund Balance$386,685$425,298▲ $38,613
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Bryant SansburyChairman
Lori Anne CarrVice Chairman
Travis AvantSecretaryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$262,215
Program Service Revenue
$0
Investment Income
$13,063
Other Revenue
$0
All Other Contributions
$262,215
Change in Net Assets
$38,613
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$184,165
Salaries, Compensation, and Employee Benefits$52,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$0$0$70,000
Other Salaries and Wages$0$0$0$39,219
Other Expenses$0$0$0$36,000
Occupancy$0$0$0$19,600
Payroll Taxes$0$0$0$13,281
Conferences and Meetings$0$0$0$8,608
Office Expenses$0$0$0$8,170
Travel$0$0$0$7,817
Information Technology$0$0$0$4,984
Insurance$0$0$0$1,966
Total Functional Expenses$0$0$0$236,665
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11A

“The organizations form 990 is reviewed by the CEO and Secretary Treasurer.”

Part VI, Line 18

“The organization makes form 990 available to the public upon request.”

Part VI, Line 19

“The organizations governing documents and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Palmetto Agribusiness Council
EIN
56-2169719
In Care Of
% Bryant Sansbury
Phone
8032569099
Address
1901 MAIN ST STE 1225, COLUMBIA, SC 29201

Signing Officer

Name
Ronald L Summers
Title
CEO
Signed
2025-03-14

Organization Details

Formed
1999
Legal Domicile
Sc
Voting Board Members
38
Independent Board Members
38
Employees
2
Volunteers
0
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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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