Civic Intelligence

Palmetto Business Forum

990EZ • Fiscal year 2020 • EIN 57-0620173

Jul 01, 2019 to Jun 30, 2020 • Filed on Aug 03, 2020

Organization ProfileN/A
PO Box 11390 Attn Ned JohnsonColumbia, SC 29211

(803) 799-9800

Siviq Scores

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

Liabilities / Assets

67th percentile

0.06x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.05x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

89th percentile

37%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

90th percentile

65%

Faster asset growth than 90% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

256%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$136,478

Up $53,713 (+65%) from 2019

Net Assets

Up

$128,477

Up $59,847 (+87%) from 2019

Liabilities

Down

$8,001

Down $6,134 (-43%) from 2019

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin89th percentile

Revenue

Up

$160,000

Up $115,000 (+256%) from 2019

Expenses

Down

$100,153

Down $51,578 (-34%) from 2019

Net Income

Up

$59,847

Up $166,578 (+156%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$300K$200K$100K$0Assets 2011: $75,963Liabilities 2011: $18,535Net Assets 2011: $57,4282011Assets 2012: $153,731Liabilities 2012: $6,830Net Assets 2012: $146,9012012Assets 2013: $89,132Liabilities 2013: $6,957Net Assets 2013: $82,1752013Assets 2014: $178,661Liabilities 2014: $6,652Net Assets 2014: $172,0092014Assets 2015: $244,508Liabilities 2015: $10,056Net Assets 2015: $234,4522015Assets 2016: $140,597Liabilities 2016: $6,579Net Assets 2016: $134,0182016Assets 2017: $138,738Liabilities 2017: $13,622Net Assets 2017: $125,1162017Assets 2018: $182,662Liabilities 2018: $7,301Net Assets 2018: $175,3612018Assets 2019: $82,765Liabilities 2019: $14,135Net Assets 2019: $68,6302019Assets 2020: $136,478Liabilities 2020: $8,001Net Assets 2020: $128,4772020Assets 2021: $56,890Liabilities 2021: $8,027Net Assets 2021: $48,8632021Assets 2022: $121,607Liabilities 2022: $8,027Net Assets 2022: $113,5802022Assets 2023: $22,459Liabilities 2023: $8,045Net Assets 2023: $14,4142023Assets 2024: $38,052Liabilities 2024: $8,029Net Assets 2024: $30,0232024Assets 2025: $64,333Liabilities 2025: $8,028Net Assets 2025: $56,3052025

Highlighted filing

2020

Assets$136,478
Liabilities$8,001
Net Assets$128,477
Open 2020 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2011: $149,015Expenses 2011: $188,377Net Income 2011: -$39,3622011Revenue 2012: $176,009Expenses 2012: $86,536Net Income 2012: $89,4732012Revenue 2013: $30,004Expenses 2013: $94,730Net Income 2013: -$64,7262013Revenue 2014: $180,003Expenses 2014: $90,169Net Income 2014: $89,8342014Revenue 2015: $180,000Expenses 2015: $117,557Net Income 2015: $62,4432015Revenue 2016: $15,000Expenses 2016: $115,434Net Income 2016: -$100,4342016Revenue 2017: $187,500Expenses 2017: $196,402Net Income 2017: -$8,9022017Revenue 2018: $147,500Expenses 2018: $97,255Net Income 2018: $50,2452018Revenue 2019: $45,000Expenses 2019: $151,731Net Income 2019: -$106,7312019Revenue 2020: $160,000Expenses 2020: $100,153Net Income 2020: $59,8472020Revenue 2021: $20,000Expenses 2021: $99,614Net Income 2021: -$79,6142021Revenue 2022: $160,000Expenses 2022: $95,283Net Income 2022: $64,7172022Revenue 2023: $10,000Expenses 2023: $109,166Net Income 2023: -$99,1662023Revenue 2024: $132,000Expenses 2024: $116,391Net Income 2024: $15,6092024Revenue 2025: $132,000Expenses 2025: $105,718Net Income 2025: $26,2822025

Highlighted filing

2020

Revenue$160,000
Expenses$100,153
Net Income$59,847
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 3, 2020
Return Version
2019v5.0
Gross Receipts
$160,000
Mission and Program Overview

Mission

The palmetto business forum's purpose is to foster, maintain, and encourage the future of free enterprise system and to improve general business conditions, as they are affected by governmental policy on a non-profit basis.

The palmetto business forum's purpose is to foster, maintain, and encourage the future of the free enterprise system and to improve general business conditions, as they are affected by governmental policy on a non-profit basis.

Program Services

DescriptionGrantsExpenses
N/A--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL R BRENANChairman-$0--
EDWIN W JOHNSON IISecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Palmetto Business Forum
EIN
57-0620173
Phone
8037999800
Address
PO BOX 11390 ATTN NED JOHNSON, COLUMBIA, SC 29211

Signing Officer

Name
Edwin W Johnson Ii
Title
Secretary
Phone
8037999800
Signed
2020-08-03
Discuss with paid preparer
Yes

Preparer

Firm
Scott and Company LLC
Address
PO BOX 8388, COLUMBIA, SC 29202
Preparer
John M Price Jr
Phone
8032566021
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses miscellaneous 1,515 meetings 7,363 total 8,878”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 14,135 8,001”

Form 990-ez, Part III

“The palmetto business forum's purpose is to foster, maintain, and encourage the future of the free enterprise system and to improve general business conditions, as they are affected by governmental policy on a non-profit basis.”

Raw XML Appendix99 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/BooksInCareOfDetail/PersonNm0EDWIN W JOHNSON II
IRS990EZ/BooksInCareOfDetail/PhoneNum08037999800
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 11390
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COLUMBIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029211
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt082765
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0136478
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt059847
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt091275
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt082765
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0136478
IRS990EZ/GrossReceiptsAmt0160000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0160000
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt068630
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0128477
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt068630
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0128477
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt18.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL R BRENAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1EDWIN W JOHNSON II
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt08878
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PALMETTO BUSINESS FORUM'S PURPOSE IS TO FOSTER, MAINTAIN, AND ENCOURAGE THE FUTURE OF THE FREE ENTERPRISE SYSTEM AND TO IMPROVE GENERAL BUSINESS CONDITIONS, AS THEY ARE AFFECTED BY GOVERNMENTAL POLICY ON A NON-PROFIT BASIS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0N/A
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt014135
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt08001
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0100153
IRS990EZ/TotalRevenueAmt0160000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MISCELLANEOUS 1,515 MEETINGS 7,363 TOTAL 8,878
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 14,135 8,001
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PALMETTO BUSINESS FORUM'S PURPOSE IS TO FOSTER, MAINTAIN, AND ENCOURAGE THE FUTURE OF THE FREE ENTERPRISE SYSTEM AND TO IMPROVE GENERAL BUSINESS CONDITIONS, AS THEY ARE AFFECTED BY GOVERNMENTAL POLICY ON A NON-PROFIT BASIS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWIN W JOHNSON II
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum08037999800
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMETTO BUSINESS FORUM
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0570620173
ReturnHeader/Filer/PhoneNum08037999800
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 11390 ATTN NED JOHNSON
ReturnHeader/Filer/USAddress/CityNm0COLUMBIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029211
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0408FF8B9DA78D23D5CC0A60FF445A7A39CEC2F71
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0408FF8B9DA78D23D5CC0A60FF445A7A39CEC2F71
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02020-08-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:33:35
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0571021392
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCOTT AND COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 8388
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029202
ReturnHeader/PreparerPersonGrp/PhoneNum08032566021
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN M PRICE JR
ReturnHeader/ReturnTs02020-08-10T10:33:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$136,478
Liabilities
$8,001
Net assets
$128,477
Revenue
$160,000
Expenses
$100,153
Net income
$59,847
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.64$0.08$0.56$1.32$1.06$0.26
2024Detailed filing. Detailed filing data is available for this year.$0.38$0.08$0.30$1.32$1.16$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.22$0.08$0.14$0.10$1.09$0.99
2022Detailed filing. Detailed filing data is available for this year.$1.22$0.08$1.14$1.60$0.95$0.65
2021Detailed filing. Detailed filing data is available for this year.$0.57$0.08$0.49$0.20$1.00$0.80
2020Detailed filing. Detailed filing data is available for this year.$1.36$0.08$1.28$1.60$1.00$0.60
2019Detailed filing. Detailed filing data is available for this year.$0.83$0.14$0.69$0.45$1.52$1.07
2018Detailed filing. Detailed filing data is available for this year.$1.83$0.07$1.75$1.48$0.97$0.50
2017Detailed filing. Detailed filing data is available for this year.$1.39$0.14$1.25$1.88$1.96$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.41$0.07$1.34$0.15$1.15$1.00
2015Detailed filing. Detailed filing data is available for this year.$2.45$0.10$2.34$1.80$1.18$0.62
2014Detailed filing. Detailed filing data is available for this year.$1.79$0.07$1.72$1.80$0.90$0.90
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.07$0.82$0.30$0.95$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.07$1.47$1.76$0.87$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.19$0.57$1.49$1.88$0.39