Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
EIN 57-0807801 • 501(c)3 • North Charleston, SC
Profile
To seek creative ideas for solving problems faced by the citizens of sc. Key areas of focus include: accessible healthcare; community relations and development; youth, families and schools; and civic participation.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Liabilities / Revenue
65th percentile
Higher debt load relative to revenue than 65% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
66th percentile
Higher top officer pay than 66% of similar nonprofits.
Top officer pay equals 4.3% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Assets
Down$1,554,224
Down $305,485 (-16%) from 2023
Liabilities
Up$423,858
Up $18,258 (+4.5%) from 2023
Net Assets
Down$1,130,366
Down $323,743 (-22%) from 2023
Revenue
Down$2,280,098
Down $668,223 (-23%) from 2023
Expenses
Up$2,603,841
Up $80,226 (+3.2%) from 2023
Net Income
Down-$323,743
Down $748,449 (-176%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To seek creative ideas for solving problems faced by the citizens of sc. Key areas of focus include: accessible healthcare; community relations and development; youth, families and schools; and civic participation.
Our mission is to identify innovative strategies to address the social and economic challenges facing our state, and put them into action. We have been the catalyst for over 240 innovative projects since inception.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $1,574,607 | $1,212,510 | ▼ $362,097 |
| Savings and Temporary Cash Investments | $165,029 | $147,947 | ▼ $17,082 |
| Accounts Receivable | $71,890 | $79,030 | ▲ $7,140 |
| Prepaid Expenses and Deferred Charges | $5,473 | $5,839 | ▲ $366 |
| Total Assets | $1,859,709 | $1,554,224 | ▼ $305,485 |
| Other Assets Total | $42,710 | $108,898 | ▲ $66,188 |
| Liabilities | |||
| Deferred Revenue | $251,818 | $205,172 | ▼ $46,646 |
| Accounts Payable and Accrued Expenses | $108,172 | $109,393 | ▲ $1,221 |
| Other Liabilities | $45,610 | $109,293 | ▲ $63,683 |
| Total Liabilities | $405,600 | $423,858 | ▲ $18,258 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $1,570,036 | $1,601,156 | ▲ $31,120 |
| Net Assets Without Donor Restrictions | $-115,927 | $-470,790 | ▼ $354,863 |
| Total Net Assets Fund Balance | $1,454,109 | $1,130,366 | ▼ $323,743 |
| Total Liabilities and Net Assets / Fund Balance | $1,859,709 | $1,554,224 | ▼ $305,485 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | - | $3,132 | $3,132 |
| Other Assets Org | $108,898 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jeffrey Fleming | COO | FT | $94,667 | $3,544 | $98,211 |
| Aaron Polkey | President/ce | FT | $93,750 | - | $93,750 |
| Name | Title |
|---|---|
| Jonathan Williams | Chair |
| Peter Lamotte | Vice Chair |
| Alan Parker | Director |
| Benjamin Johnson | Director |
| Brady Quirk-garvan | Director |
| Dwayne Green | Director |
| F Elliotte Quinn Iv | Director |
| Jack Lawrence | Director |
| Jimmie Williamson | Director |
| Judy Cannon | Director |
| Marion Cobb | Director |
| Robert Barber Jr | Director |
| S Anne Walker | Director |
| Sean Wilson | Director |
| Theodore Riley | Director |
| Wade Kolb Iii | Director |
| Joyce Green | Secretary-tr |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,262,520 |
| Other Expenses | $709,405 |
| Grants and Similar Amounts Paid | $631,916 |
| Total Fundraising Expense | $14,239 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $826,060 | $34,782 | $8,695 | $869,537 |
| Grants to Domestic Individuals | $556,294 | - | - | $556,294 |
| Current Officers, Directors, Trustees, and Key Employees | $178,996 | $7,537 | $1,884 | $188,417 |
| Fees for Services Other | $67,568 | $78,796 | - | $146,364 |
| Other Employee Benefits | $118,019 | $1,192 | - | $119,211 |
| Occupancy | $92,042 | $17,481 | $1,226 | $110,749 |
| Payroll Taxes | $81,087 | $4,268 | - | $85,355 |
| Grants to Domestic Orgs | $75,622 | - | - | $75,622 |
| Information Technology | $21,592 | $28,622 | - | $50,214 |
| Travel | $33,679 | $5,944 | - | $39,623 |
| Fees for Services Accounting | $23,885 | $488 | - | $24,373 |
| Conferences and Meetings | $928 | $17,404 | - | $18,332 |
| Office Expenses | $13,554 | $4,000 | - | $17,554 |
| Advertising | $5,948 | $2,001 | $2,306 | $10,255 |
| Fees for Services Lobbying | $9,000 | - | - | $9,000 |
| All Other Expenses | $4,287 | $2,774 | - | $7,061 |
| Other Expenses | $2,134 | $1,546 | $128 | $3,680 |
| Interest | - | $2,282 | - | $2,282 |
| Total Functional Expenses | $2,332,075 | $257,527 | $14,239 | $2,603,841 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,603,841 |
| Total Expenses per Audited Statements | $2,603,841 |
| Total Expenses per Form 990 | $2,603,841 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Time Served | Greenville, SC | 501c3 | Legal Assistance | $55,722 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Lease Liabilty | $109,293 |
“There are no committees of the governing body.”
“Management reviews the form 990 prior to filing and a copy is also provided to the board of directors”
“The organization has a formal conflict of interest policy requiring board members and key employees to disclose potential conflicts. These are reviewed by the board, and individuals must recuse themselves from decisions where conflicts exist, ensuring transparency and accountability.”
“The board of directors sets top management compensation by comparing data from similar nonprofits, assessing roles, and linking pay to performance. They ensure internal fairness, comply with legal standards, and incorporate feedback while adjusting for market changes.”
“The process for setting the compensation of the executive director described above is also used for other officers of the organization.”
“The organization's governing documents, conflict of interest policy, and audited financial statements are available to the public upon request.”
“Insure sc: palmetto project continued its enrollment assister work throughout 2024 as licensed insurance agents who provided enrollment assistance for medicare advantage and medigap/medicare supplement plans, marketplace plans, and sc healthy connections medicaid. All licensed agents are salaried, with commission revenue directed to palmetto project, so their focus is on finding the best health care coverage for the consumer. This also included referrals to prescription assistance programs, federally qualified health centers, free clinics, and other community-based services. Agents provided direct enrollment assistance to 3,132 medicare and marketplace consumers. 250 very low income medicare-eligible individuals were assisted with applications for medicare savings programs. Children's health sc: palmetto project continued working with low- and moderate-income families in sc to provide education, outreach, and application assistance for sc healthy connections medicaid to identify uninsured and underinsured children. Our team of licensed insurance agents and our americorps member works with families to complete the sc healthy connections medicaid initial and renewal applications, submit it, and follow it through to eligibility determination. Application assistance and education about dental and vision benefits and the importance of seeking preventive care was delivered to 451 families. My vax sc: palmetto project has continued its previous work of providing vaccination resources to underserved communities. The my vax sc program was created to promote vaccine literacy in rural and underserved communities of berkeley, dorchester, and colleton counties, with the goal of increasing the number of vaccinations in these communities by reducing vaccine hesitancy. This effort supports flu, covid, and vaccines for older adults such as shingles and pneumonia. Palmetto project has partnered with 12 local organizations to provide vaccine information and resources. 20 community events have been tabled by palmetto project staff, in addition to 3 large scale events: black expo, taste of black charleston, and charleston pride. 2500 individuals have been reached directly from in person events palmetto project has attended, 10,000+ indirectly through social media campaigns, radio ads, tv ads, newspaper articles, toolkit distributions, and the flagship website www.myvaxsc.org. Dolly parton's imagination library sc (dpil-sc)/begin with books: dpil-sc improves early literacy by enabling young children to build a home library and increase their school readiness. Through its partnership with dolly parton's imagination library, palmetto project is working to provide each south carolina child under age five a free, developmentally-appropriate book each month. Begin with books, our program in charleston county, is one of the most successful examples of how this program can change children's lives. Statewide, we are serving more than 27,000 children under the age of five. Families helping families: for more than 33 years, the palmetto project has provided a lifeline to families in crisis through its network of social service agencies and community-minded organizations across the midlands region. Many south carolinians know fhf because of its christmas programming that provides food, clothing, and christmas gifts for 4,026 families (11,147 individuals) with urgent and emergency needs. Homeless to hope fund: founded in february 2016, the homeless to hope fund is the nonprofit arm of a larger public-private partnership to address homelessness in charleston, berkeley, and dorchester counties. Taxdeductible donations are used to assist approved local service providers in providing temporary shelter and support to individuals committed to transitioning to permanent housing and independent living. This includes the development of a regional center for managing access to local services and service organizations. Lowcountry ministries fund: this fund was establishe”
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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| IRS990/ActivityOrMissionDesc | 0 | OUR MISSION IS TO IDENTIFY INNOVATIVE STRATEGIES TO ADDRESS THE SOCIAL AND ECONOMIC CHALLENGES FACING OUR STATE, AND PUT THEM INTO ACTION. WE HAVE BEEN THE CATALYST FOR OVER 240 INNOVATIVE PROJECTS SINCE INCEPTION. |
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| IRS990/Desc | 0 | HEALTH FOR OVER 20 YEARS, THE PALMETTO PROJECT HAS BEEN A LEADING ADVOCATE FOR A MORE EFFECTIVE SYSTEM OF HEALTHCARE FOR SOUTH CAROLINIANS REGARDLESS OF THEIR FINANCIAL CIRCUMSTANCES, RACE, OR RESIDENCY. PROGRAMS INCLUDE: INSURE SC, CHILDREN'S HEALTH SC, HEART & SOUL, THE CAROLINA HEARING AID BANK, AND MYVAX SC. ADDITIONAL INFORMATION ABOUT THESE PROGRAMS IS AVAILABLE ON SCHEDULE O AND ON OUR WEBSITE AT PALMETTOPROJECT.ORG/HEALTH/. |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | FAMILIES, YOUTH, & SCHOOLS PALMETTO PROJECT SEES HEALTHY FAMILIES, ENGAGED YOUNG PEOPLE, AND VIBRANT SCHOOLS AS THE CORNERSTONE OF EFFECTIVE COMMUNITIES. OUR INITIATIVES PROVIDE THOUSANDS OF VULNERABLE FAMILIES WITH CONNECTIONS TO SOCIAL SERVICE AGENCIES, SUPPORT SERVICES, FOOD AND EVEN CHRISTMAS PRESENTS. CURRENT PROGRAMS INCLUDE: MY FIRST BOOKS OF SOUTH CAROLINA, BEGIN WITH BOOKS, FAMILIES HELPING FAMILIES, AND CHALLENGE DAY. ADDITIONAL INFORMATION ABOUT THESE PROGRAMS IS AVAILABLE ON SCHEDULE O AND ON OUR WEBSITE AT PALMETTOPROJECT.ORG/FAMILY-YOUTH-SCHOOLS/. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | COMMUNITY ENGAGEMENT & CIVIC PARTICIPATION PALMETTO PROJECT HAS BECOME A LEADER IN EQUIPPING COMMUNITIES WITH NEW TOOLS TO ENHANCE COMMUNICATIONS, CREATE TRUST, AND SOLVE PROBLEMS. IT ALSO ENCOURAGES CIVIC PARTICIPATION THROUGH THE PALMETTO VOTER PROJECT. SINCE THE PROGRAM STARTED IN 1994, SOUTH CAROLINA VOTERS HAVE SET RECORDS FOR TURNOUT IN EVERY ELECTION. ADDITIONAL INFORMATION ON THESE PROGRAMS IS AVAILABLE IN SCHEDULE O AND ON THE ORGANIZATION'S WEBSITE AT PALMETTOPROJECT.ORG/COMMUNITY-ENGAGEMENT/. |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | INSURE SC: PALMETTO PROJECT CONTINUED ITS ENROLLMENT ASSISTER WORK THROUGHOUT 2024 AS LICENSED INSURANCE AGENTS WHO PROVIDED ENROLLMENT ASSISTANCE FOR MEDICARE ADVANTAGE AND MEDIGAP/MEDICARE SUPPLEMENT PLANS, MARKETPLACE PLANS, AND SC HEALTHY CONNECTIONS MEDICAID. ALL LICENSED AGENTS ARE SALARIED, WITH COMMISSION REVENUE DIRECTED TO PALMETTO PROJECT, SO THEIR FOCUS IS ON FINDING THE BEST HEALTH CARE COVERAGE FOR THE CONSUMER. THIS ALSO INCLUDED REFERRALS TO PRESCRIPTION ASSISTANCE PROGRAMS, FEDERALLY QUALIFIED HEALTH CENTERS, FREE CLINICS, AND OTHER COMMUNITY-BASED SERVICES. AGENTS PROVIDED DIRECT ENROLLMENT ASSISTANCE TO 3,132 MEDICARE AND MARKETPLACE CONSUMERS. 250 VERY LOW INCOME MEDICARE-ELIGIBLE INDIVIDUALS WERE ASSISTED WITH APPLICATIONS FOR MEDICARE SAVINGS PROGRAMS. CHILDREN'S HEALTH SC: PALMETTO PROJECT CONTINUED WORKING WITH LOW- AND MODERATE-INCOME FAMILIES IN SC TO PROVIDE EDUCATION, OUTREACH, AND APPLICATION ASSISTANCE FOR SC HEALTHY CONNECTIONS MEDICAID TO IDENTIFY UNINSURED AND UNDERINSURED CHILDREN. OUR TEAM OF LICENSED INSURANCE AGENTS AND OUR AMERICORPS MEMBER WORKS WITH FAMILIES TO COMPLETE THE SC HEALTHY CONNECTIONS MEDICAID INITIAL AND RENEWAL APPLICATIONS, SUBMIT IT, AND FOLLOW IT THROUGH TO ELIGIBILITY DETERMINATION. APPLICATION ASSISTANCE AND EDUCATION ABOUT DENTAL AND VISION BENEFITS AND THE IMPORTANCE OF SEEKING PREVENTIVE CARE WAS DELIVERED TO 451 FAMILIES. MY VAX SC: PALMETTO PROJECT HAS CONTINUED ITS PREVIOUS WORK OF PROVIDING VACCINATION RESOURCES TO UNDERSERVED COMMUNITIES. THE MY VAX SC PROGRAM WAS CREATED TO PROMOTE VACCINE LITERACY IN RURAL AND UNDERSERVED COMMUNITIES OF BERKELEY, DORCHESTER, AND COLLETON COUNTIES, WITH THE GOAL OF INCREASING THE NUMBER OF VACCINATIONS IN THESE COMMUNITIES BY REDUCING VACCINE HESITANCY. THIS EFFORT SUPPORTS FLU, COVID, AND VACCINES FOR OLDER ADULTS SUCH AS SHINGLES AND PNEUMONIA. PALMETTO PROJECT HAS PARTNERED WITH 12 LOCAL ORGANIZATIONS TO PROVIDE VACCINE INFORMATION AND RESOURCES. 20 COMMUNITY EVENTS HAVE BEEN TABLED BY PALMETTO PROJECT STAFF, IN ADDITION TO 3 LARGE SCALE EVENTS: BLACK EXPO, TASTE OF BLACK CHARLESTON, AND CHARLESTON PRIDE. 2500 INDIVIDUALS HAVE BEEN REACHED DIRECTLY FROM IN PERSON EVENTS PALMETTO PROJECT HAS ATTENDED, 10,000+ INDIRECTLY THROUGH SOCIAL MEDIA CAMPAIGNS, RADIO ADS, TV ADS, NEWSPAPER ARTICLES, TOOLKIT DISTRIBUTIONS, AND THE FLAGSHIP WEBSITE WWW.MYVAXSC.ORG. DOLLY PARTON'S IMAGINATION LIBRARY SC (DPIL-SC)/BEGIN WITH BOOKS: DPIL-SC IMPROVES EARLY LITERACY BY ENABLING YOUNG CHILDREN TO BUILD A HOME LIBRARY AND INCREASE THEIR SCHOOL READINESS. THROUGH ITS PARTNERSHIP WITH DOLLY PARTON'S IMAGINATION LIBRARY, PALMETTO PROJECT IS WORKING TO PROVIDE EACH SOUTH CAROLINA CHILD UNDER AGE FIVE A FREE, DEVELOPMENTALLY-APPROPRIATE BOOK EACH MONTH. BEGIN WITH BOOKS, OUR PROGRAM IN CHARLESTON COUNTY, IS ONE OF THE MOST SUCCESSFUL EXAMPLES OF HOW THIS PROGRAM CAN CHANGE CHILDREN'S LIVES. STATEWIDE, WE ARE SERVING MORE THAN 27,000 CHILDREN UNDER THE AGE OF FIVE. FAMILIES HELPING FAMILIES: FOR MORE THAN 33 YEARS, THE PALMETTO PROJECT HAS PROVIDED A LIFELINE TO FAMILIES IN CRISIS THROUGH ITS NETWORK OF SOCIAL SERVICE AGENCIES AND COMMUNITY-MINDED ORGANIZATIONS ACROSS THE MIDLANDS REGION. MANY SOUTH CAROLINIANS KNOW FHF BECAUSE OF ITS CHRISTMAS PROGRAMMING THAT PROVIDES FOOD, CLOTHING, AND CHRISTMAS GIFTS FOR 4,026 FAMILIES (11,147 INDIVIDUALS) WITH URGENT AND EMERGENCY NEEDS. HOMELESS TO HOPE FUND: FOUNDED IN FEBRUARY 2016, THE HOMELESS TO HOPE FUND IS THE NONPROFIT ARM OF A LARGER PUBLIC-PRIVATE PARTNERSHIP TO ADDRESS HOMELESSNESS IN CHARLESTON, BERKELEY, AND DORCHESTER COUNTIES. TAXDEDUCTIBLE DONATIONS ARE USED TO ASSIST APPROVED LOCAL SERVICE PROVIDERS IN PROVIDING TEMPORARY SHELTER AND SUPPORT TO INDIVIDUALS COMMITTED TO TRANSITIONING TO PERMANENT HOUSING AND INDEPENDENT LIVING. THIS INCLUDES THE DEVELOPMENT OF A REGIONAL CENTER FOR MANAGING ACCESS TO LOCAL SERVICES AND SERVICE ORGANIZATIONS. LOWCOUNTRY MINISTRIES FUND: THIS FUND WAS ESTABLISHE |
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