Civic Intelligence

Palmetto Project Inc.

990 • Fiscal year 2010 • EIN 57-0807801

Jan 01, 2010 to Dec 31, 2010 • Filed on Jun 15, 2011

1031 Chuck Dawley Boulevard No Ste529464
Siviq Scores

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

Liabilities / Assets

83rd percentile

0.72x

Higher debt load relative to assets than 83% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$146,213

No earlier filing loaded for comparison.

Net Assets

$40,361

No earlier filing loaded for comparison.

Liabilities

$105,852

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,282,627

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $146,213Liabilities 2010: $105,852Net Assets 2010: $40,3612010Assets 2011: $184,619Liabilities 2011: $96,833Net Assets 2011: $87,7862011Assets 2012: $255,245Liabilities 2012: $106,719Net Assets 2012: $148,5262012Assets 2013: $347,651Liabilities 2013: $113,730Net Assets 2013: $233,9212013Assets 2014: $173,502Liabilities 2014: $144,659Net Assets 2014: $28,8432014Assets 2015: $1,947,900Liabilities 2015: $170,544Net Assets 2015: $1,777,3562015Assets 2016: $1,963,608Liabilities 2016: $85,840Net Assets 2016: $1,877,7682016Assets 2017: $1,331,989Liabilities 2017: $93,237Net Assets 2017: $1,238,7522017Assets 2018: $1,248,471Liabilities 2018: $299,766Net Assets 2018: $948,7052018Assets 2019: $1,050,758Liabilities 2019: $264,116Net Assets 2019: $786,6422019Assets 2020: $1,085,627Liabilities 2020: $523,544Net Assets 2020: $562,0832020Assets 2021: $1,116,056Liabilities 2021: $327,687Net Assets 2021: $788,3692021Assets 2022: $1,540,825Liabilities 2022: $511,422Net Assets 2022: $1,029,4032022Assets 2023: $1,859,709Liabilities 2023: $405,600Net Assets 2023: $1,454,1092023Assets 2024: $1,554,224Liabilities 2024: $423,858Net Assets 2024: $1,130,3662024

Highlighted filing

2010

Assets$146,213
Liabilities$105,852
Net Assets$40,361

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,282,6272010Expenses 2011: $962,5382011Revenue 2012: $755,857Expenses 2012: $695,117Net Income 2012: $60,7402012Revenue 2013: $1,176,643Expenses 2013: $1,091,248Net Income 2013: $85,3952013Revenue 2014: $1,316,499Expenses 2014: $1,521,577Net Income 2014: -$205,0782014Revenue 2015: $4,027,254Expenses 2015: $2,278,741Net Income 2015: $1,748,5132015Revenue 2016: $2,396,892Expenses 2016: $2,296,480Net Income 2016: $100,4122016Revenue 2017: $1,850,050Expenses 2017: $2,489,066Net Income 2017: -$639,0162017Revenue 2018: $1,245,423Expenses 2018: $1,535,470Net Income 2018: -$290,0472018Revenue 2019: $1,102,740Expenses 2019: $1,264,803Net Income 2019: -$162,0632019Revenue 2020: $1,259,986Expenses 2020: $1,484,545Net Income 2020: -$224,5592020Revenue 2021: $1,583,346Expenses 2021: $1,357,060Net Income 2021: $226,2862021Revenue 2022: $2,265,031Expenses 2022: $2,073,996Net Income 2022: $191,0352022Revenue 2023: $2,948,321Expenses 2023: $2,523,615Net Income 2023: $424,7062023Revenue 2024: $2,280,098Expenses 2024: $2,603,841Net Income 2024: -$323,7432024

Highlighted filing

2010

Revenue-
Expenses$1,282,627
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Jun 15, 2011
Return Version
2010v3.2
Gross Receipts
$1,257,134
Mission and Program Overview

Mission

The palmetto project is a private, non-profit initiative to put new and creative ideas to work in south carolina. Led by the belief that every problem faced by communities in our state is being solved by someone somewhere, we bring together citizens, corporations, and governmental agencies to find good ideas and put them to work statewide. Since we started in 1984, we have been the catalyst for over 240 innovative and creative projects. We are not a government agency. We rely on foundations and corporations for much of our funding. However, our strongest support comes from thousands of individual south carolinians who share our vision of the states future.

Major Activities

Activity 2
Accessnet - currently serving 7,000 south carolinians, accessnet is a five-county health care provider collaborative and patient navigator network available to any resident without private health insurance. The palmetto project provides clients with access to physicians, medications & disease prevention and health education in their community.
Activity 3
Sc young voters initiative - this program is aimed squarely at increasing the participation of young people in elections in sc by encouraging voter registration, education, and awareness. We use new social networking sites and other means of communications to engage young people in shaping the future of sc through the ballot box. We also work with political candidates to utilize new technologies and methods that have proven effective in reaching younger voters. With a grant from the u.s. Election assistance commission, we are also recruiting and training young people to serve as poll managers and election officials in all 46 counties. In 2010, more than 400 young people served as first-time poll managers thanks to our young voters project. Most said they will continue to work in future elections.
Filing and Contact Details

Filer

EIN
57-0807801
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IRS990/Activity2/Description0ACCESSNET - CURRENTLY SERVING 7,000 SOUTH CAROLINIANS, ACCESSNET IS A FIVE-COUNTY HEALTH CARE PROVIDER COLLABORATIVE AND PATIENT NAVIGATOR NETWORK AVAILABLE TO ANY RESIDENT WITHOUT PRIVATE HEALTH INSURANCE. THE PALMETTO PROJECT PROVIDES CLIENTS WITH ACCESS TO PHYSICIANS, MEDICATIONS & DISEASE PREVENTION AND HEALTH EDUCATION IN THEIR COMMUNITY.
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IRS990/Activity3/Description0SC YOUNG VOTERS INITIATIVE - THIS PROGRAM IS AIMED SQUARELY AT INCREASING THE PARTICIPATION OF YOUNG PEOPLE IN ELECTIONS IN SC BY ENCOURAGING VOTER REGISTRATION, EDUCATION, AND AWARENESS. WE USE NEW SOCIAL NETWORKING SITES AND OTHER MEANS OF COMMUNICATIONS TO ENGAGE YOUNG PEOPLE IN SHAPING THE FUTURE OF SC THROUGH THE BALLOT BOX. WE ALSO WORK WITH POLITICAL CANDIDATES TO UTILIZE NEW TECHNOLOGIES AND METHODS THAT HAVE PROVEN EFFECTIVE IN REACHING YOUNGER VOTERS. WITH A GRANT FROM THE U.S. ELECTION ASSISTANCE COMMISSION, WE ARE ALSO RECRUITING AND TRAINING YOUNG PEOPLE TO SERVE AS POLL MANAGERS AND ELECTION OFFICIALS IN ALL 46 COUNTIES. IN 2010, MORE THAN 400 YOUNG PEOPLE SERVED AS FIRST-TIME POLL MANAGERS THANKS TO OUR YOUNG VOTERS PROJECT. MOST SAID THEY WILL CONTINUE TO WORK IN FUTURE ELECTIONS.
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IRS990/Description0PALMETTO CHILDRENS HEALTH INITIATIVE (PCHI) - THIS PROGRAM WAS CREATED AFTER CONGRESS PASSED THE CHILDRENS HEALTH INSURANCE PROGRAM REAUTHORIZATION ACT OF 2009. PALMETTO PROJECT RECEIVED A TWO-YEAR FEDERAL GRANT UNDER THIS ACT TO UNDERWRITE PCHI ACTIVITIES AIMED AT ENROLLING KIDS IN MEDICAID (UP TO 150% OF FEDERAL POVERTY LEVEL) AND THE CHILDREN'S HEALTH INSURANCE PROGRAM (BETWEEN 150% AND 200% OF FEDERAL POVERTY LEVEL). THE GOAL OF THIS PROGRAM SERVICE IS TO ENROLL ALL SC CHILDREN IN ANY HEALTH INSURANCE PROGRAMS FOR WHICH THEY MIGHT BE ELIGIBLE, AND INSURE THAT THEY ARE ASSIGNED TO MEDICAL HOMES.
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IRS990/MissionDescription0THE PALMETTO PROJECT IS A PRIVATE, NON-PROFIT INITIATIVE TO PUT NEW AND CREATIVE IDEAS TO WORK IN SOUTH CAROLINA. LED BY THE BELIEF THAT EVERY PROBLEM FACED BY COMMUNITIES IN OUR STATE IS BEING SOLVED BY SOMEONE SOMEWHERE, WE BRING TOGETHER CITIZENS, CORPORATIONS, AND GOVERNMENTAL AGENCIES TO FIND GOOD IDEAS AND PUT THEM TO WORK STATEWIDE. SINCE WE STARTED IN 1984, WE HAVE BEEN THE CATALYST FOR OVER 100 INNOVATIVE AND CREATIVE PROJECTS. WE ARE NOT A GOVERNMENT AGENCY. WE RELY ON FOUNDATIONS AND CORPORATIONS FOR MUCH OF OUR FUNDING. HOWEVER, OUR STRONGEST SUPPORT COMES FROM THOUSANDS OF INDIVIDUAL SOUTH CAROLINIANS WHO SHARE OUR VISION OF THE STATE'S FUTURE.
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IRS990ScheduleO/GeneralExplanation/Explanation0BEGIN WITH BOOKS - THIS NEW PROGRAM IS A PRE-SCHOOL LITERACY PROGRAM FOCUSED IN RURAL COMMUNITIES IN CHARLESTON COUNTY. ITS GOAL IS TO IMPROVE THE READING READINESS OF CHILDREN IN THESE COMMUNITIES BY HELPING PARENTS AND GRANDPARENTS ENCOURAGE THEIR KIDS AND PROVIDING EACH PARTICIPATING CHILD A FREE BOOK EVERY MONTH FROM DOLLY PARTONS IMAGINATION LIBRARY. THE BOOKS PROVIDED BY DOLLY PARTONS IMAGINATION LIBRARY ARE AGE APPROPRIATE, CULTURALLY DIVERSE, AND ARE MAILED DIRECTLY TO CHILDRENS HOMES.
IRS990ScheduleO/GeneralExplanation/Explanation1THE FORM 990 IS EMAILED TO THE BOARD MEMBERS BEFORE THE TAX RETURN IS FILED.
IRS990ScheduleO/GeneralExplanation/Explanation2PALMETTO PROJECT HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT COVERS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WTH GOVERNING BOARD DELEGATED POWERS. THE POLICY REQUIRES ANY OF THE COVERED PERSONS TO DISCLOSE POSSIBLE CONFLICTS OF INTEREST TO THE BOARD OR EXECUTIVE COMMITTEE, WHO THEN APPOINTS A DISINTERESTED PERSON TO INVESTIGATE THE ISSUE. THE INTERESTED PERSON MUST NOT BE PRESENT IN MEETINGS WHERE THE BOARD DISCUSSES THE CONFLICT TRANSACTION AND POSSIBLE MORE ADVANTAGEOUS TRANSACTIONS OR ARRANGEMENTS. ANY COVERED PERSON WHO FAILS TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST IS GIVEN AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE AND WILL BE SUBJECT TO APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH COVERED PERSON MUST ANNUALLY SIGN A POLICY STATEMENT, WHICH IS REVIWED BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/GeneralExplanation/Explanation3THE BOARD OF DIRECTORS COMPENSATION COMMITTEE ANALYZE COMPARABILITY DATA, PERFORMANCE, AND THE FINANCIAL STATUS OF PALMETTO PROJECT IN DETERMINING THE COMPENSATION OF OFFICERS.
IRS990ScheduleO/GeneralExplanation/Explanation4PALMETTO PROJECT WILL PROVIDE A COPY OF FORM 990 AVAILABLE UPON REQUEST, IN PERSON, AT THEIR CHARLESTON OFFICE.
IRS990ScheduleO/GeneralExplanation/Identifier0NEW PROGRAM SERVICES
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART III, LINE 2
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices01
IRS990/StateLegalDomicile0SC
IRS990/StatesWhereCopyOfReturnIsFiled0SC
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine101031 CHUCK DAWLEY BLVD STE 5
IRS990/TheBooksAreInCareOf/AddressUS/City0MOUNT PLEASANT
IRS990/TheBooksAreInCareOf/AddressUS/State0SC
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode029464
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10JEFFREY FLEMING
IRS990/TheBooksAreInCareOf/TelephoneNumber08435774122
IRS990/TotalAssets/BOY0161959
IRS990/TotalAssetsBOY0161959
IRS990/TotalAssets/EOY0146213
IRS990/TotalAssetsEOY0146213
IRS990/TotalCompGT150K00
IRS990/TotalContributions01257115
IRS990/TotalExpensesCurrentYear01282627
IRS990/TotalExpensesPriorYear01663845
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral062757
IRS990/TotalFunctionalExpenses/ProgramServices01219870
IRS990/TotalFunctionalExpenses/Total01282627
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY096105
IRS990/TotalLiabilitiesBOY096105
IRS990/TotalLiabilities/EOY0105852
IRS990/TotalLiabilitiesEOY0105852
IRS990/TotalLiabNetAssetsFundBalances/BOY0161959
IRS990/TotalLiabNetAssetsFundBalances/EOY0146213
IRS990/TotalNbrEmployees024
IRS990/TotalNbrVolunteers0300
IRS990/TotalNetAssetsFundBalances/BOY065854
IRS990/TotalNetAssetsFundBalances/EOY040361
IRS990/TotalOfOtherProgramServiceExp0279699
IRS990/TotalOfOtherProgramServiceRev0319649
IRS990/TotalOtherCompensation00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense01219870
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg0176500
IRS990/TotalRevenueCurrentYear01257134
IRS990/TotalRevenue/ExclusionAmount019
IRS990/TotalRevenuePriorYear01563078
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome00
IRS990/TotalRevenue/TotalRevenueColumn01257134
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00
IRS990/TransfersToExemptNonChrtblOrg00
IRS990/Travel/ProgramServices035339
IRS990/Travel/Total035339
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UnsecuredNotesLoansPayable/BOY050000
IRS990/UnsecuredNotesLoansPayable/EOY058502
IRS990/UponRequest0X
IRS990/WebSite0WWW.PALMETTOPROJECT.ORG
IRS990/WhistleblowerPolicy01
IRS990/YearFormation01985
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/Filer/EIN0570807801
ReturnHeader/Filer/Name/BusinessNameLine10PALMETTO PROJECT INC
ReturnHeader/Filer/NameControl0PALM
ReturnHeader/Filer/Phone08435774122
ReturnHeader/Filer/USAddress/AddressLine101031 CHUCK DAWLEY BOULEVARD NO STE
ReturnHeader/Filer/USAddress/AddressLine205
ReturnHeader/Filer/USAddress/City0MOUNT PLEASANT
ReturnHeader/Filer/USAddress/State0SC

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.42$1.13$2.28$2.60$0.32
2023Detailed filing. Detailed filing data is available for this year.$1.86$0.41$1.45$2.95$2.52$0.42
2022Detailed filing. Detailed filing data is available for this year.$1.54$0.51$1.03$2.27$2.07$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.12$0.33$0.79$1.58$1.36$0.23
2020Detailed filing. Detailed filing data is available for this year.$1.09$0.52$0.56$1.26$1.48$0.22
2019Detailed filing. Detailed filing data is available for this year.$1.05$0.26$0.79$1.10$1.26$0.16
2018Detailed filing. Detailed filing data is available for this year.$1.25$0.30$0.95$1.25$1.54$0.29
2017Detailed filing. Detailed filing data is available for this year.$1.33$0.09$1.24$1.85$2.49$0.64
2016Detailed filing. Detailed filing data is available for this year.$1.96$0.09$1.88$2.40$2.30$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.17$1.78$4.03$2.28$1.75
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.14$0.03$1.32$1.52$0.21
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.11$0.23$1.18$1.09$0.09
2012Summary only. Only limited summary data is available for this year.$0.26$0.11$0.15$0.76$0.70$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.10$0.09$0.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.11$0.04$1.28