Civic Intelligence

Palmetto Project Inc.

990 • Fiscal year 2011 • EIN 57-0807801

Jan 01, 2011 to Dec 31, 2011 • Filed on Aug 08, 2012

1031 Chuck Dawley Boulevard No Ste529464
Siviq Scores

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

Liabilities / Assets

77th percentile

0.52x

Higher debt load relative to assets than 77% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

86th percentile

26%

Faster asset growth than 86% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$184,619

Up $38,406 (+26%) from 2010

Net Assets

Up

$87,786

Up $47,425 (+118%) from 2010

Liabilities

Down

$96,833

Down $9,019 (-8.5%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$962,538

Down $320,089 (-25%) from 2010

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

2011

Assets$184,619
Liabilities$96,833
Net Assets$87,786

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

2011

Revenue-
Expenses$962,538
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Aug 8, 2012
Return Version
2011v1.2
Gross Receipts
$1,009,963
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
Families helping families columbia (fhf): this program continues to be one of the largest programs to assist needy families during the holiday season at the end of the year. In december, more than 2,400 south carolina families were assisted with gifts, food, clothing, and other seasonal needs by more than 3,000 donors, sponsor organizations and individuals across the state. Fhf provides a systematic approach to reaching as many of the neediest families in south carolina as possible. By coordinating with local agencies and charity programs we can insure that donations and charitable giving are targeted to those who need help the most. Every dollar donated to fhf generates nearly $9 in goods and services for palmetto state families in need.
Activity 3
Heart & soul (h&s): this program is a statewide network through which volunteer health ministries in african american churches are professionally trained and equipped to educate, screen, monitor, and refer-for-treatment their members at greatest risk. Outcomes include lower blood pressures through more effective prevention, health education, and self-management of risk factors. The key to h&s is that its programming is grounded in the culture, cuisine, history, and traditional faith of african americans in south carolina. Volunteer teams in more than 600 congregations have been trained through h&s. Thousands more have participated in community-based health education and disease management workshops. Over a two year period, the average blood pressure of a h&s participant declined from consistently elevated to normal over a two-year period. Five years after h&s was implemented, statewide disparities by race in cardiovascular mortality among men declined by 50%.
Filing and Contact Details

Filer

EIN
57-0807801
Raw XML AppendixShowing 400 of 418 raw XML fields

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IRS990/Activity2/Description0FAMILIES HELPING FAMILIES COLUMBIA (FHF): THIS PROGRAM CONTINUES TO BE ONE OF THE LARGEST PROGRAMS TO ASSIST NEEDY FAMILIES DURING THE HOLIDAY SEASON AT THE END OF THE YEAR. IN DECEMBER, MORE THAN 2,400 SOUTH CAROLINA FAMILIES WERE ASSISTED WITH GIFTS, FOOD, CLOTHING, AND OTHER SEASONAL NEEDS BY MORE THAN 3,000 DONORS, SPONSOR ORGANIZATIONS AND INDIVIDUALS ACROSS THE STATE. FHF PROVIDES A SYSTEMATIC APPROACH TO REACHING AS MANY OF THE NEEDIEST FAMILIES IN SOUTH CAROLINA AS POSSIBLE. BY COORDINATING WITH LOCAL AGENCIES AND CHARITY PROGRAMS WE CAN INSURE THAT DONATIONS AND CHARITABLE GIVING ARE TARGETED TO THOSE WHO NEED HELP THE MOST. EVERY DOLLAR DONATED TO FHF GENERATES NEARLY $9 IN GOODS AND SERVICES FOR PALMETTO STATE FAMILIES IN NEED.
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IRS990/Activity3/Description0HEART & SOUL (H&S): THIS PROGRAM IS A STATEWIDE NETWORK THROUGH WHICH VOLUNTEER HEALTH MINISTRIES IN AFRICAN AMERICAN CHURCHES ARE PROFESSIONALLY TRAINED AND EQUIPPED TO EDUCATE, SCREEN, MONITOR, AND REFER-FOR-TREATMENT THEIR MEMBERS AT GREATEST RISK. OUTCOMES INCLUDE LOWER BLOOD PRESSURES THROUGH MORE EFFECTIVE PREVENTION, HEALTH EDUCATION, AND SELF-MANAGEMENT OF RISK FACTORS. THE KEY TO H&S IS THAT ITS PROGRAMMING IS GROUNDED IN THE CULTURE, CUISINE, HISTORY, AND TRADITIONAL FAITH OF AFRICAN AMERICANS IN SOUTH CAROLINA. VOLUNTEER TEAMS IN MORE THAN 600 CONGREGATIONS HAVE BEEN TRAINED THROUGH H&S. THOUSANDS MORE HAVE PARTICIPATED IN COMMUNITY-BASED HEALTH EDUCATION AND DISEASE MANAGEMENT WORKSHOPS. OVER A TWO YEAR PERIOD, THE AVERAGE BLOOD PRESSURE OF A H&S PARTICIPANT DECLINED FROM CONSISTENTLY ELEVATED TO NORMAL OVER A TWO-YEAR PERIOD. FIVE YEARS AFTER H&S WAS IMPLEMENTED, STATEWIDE DISPARITIES BY RACE IN CARDIOVASCULAR MORTALITY AMONG MEN DECLINED BY 50%.
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IRS990/ActivityOther/Description0OTHER PROGRAM SERVICES INCLUDE SC HEALTHCARE INFO & REFERRAL NETWORK, FAMILIES HELPING FAMILIES - CHARLESTON, THE YO ART PROJECT, CHALLENGE DAY, CAROLINA HEARING AID BANK, ACCESSNET, BEGIN WITH BOOKS, LOWCOUNTRY AID TO AFRICA, SUMMER PY GAMES, THE SC IMMUNIZATION PROJECT, ONE LAPTOP PER CHILD, RAISING READERS PROJECT, KIDS WITH CAMERAS, VOTER PARTICIPATION AND SC YOUNG VOTERS.
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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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IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0962538
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01009963
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE RAISING READERS PROJECT (RRP): RRP IS A LITERACY INITIATIVE SERVING CHARLESTON COUNTY AND THE SURROUNDING AREAS IN THE SOUTH CAROLINA LOWCOUNTRY. NATIONALLY, 38 PERCENT OF FOURTH GRADERS FAIL TO READ AT BASIC LEVELS APPROPRIATE FOR THEIR AGE. IN SOME PARTS OF SOUTH CAROLINA, THAT NUMBER REACHES NEARLY 70%. THROUGH CUSTOMIZED WORKSHOPS FOR PARENTS, TEACHERS, AND OTHER CAREGIVERS, WE EMPOWER ADULTS IN THEIR EFFORTS TO ENGAGE THE CHILDREN IN THEIR LIVES IN A LIFETIME OF READING. WITH HER SUCCESSFUL BOOK TEN TIPS FOR RAISING READERS AT THE PROGRAM'S CORE, LOCAL AUTHOR FRAN HAWK DRAWS ON HER THIRTY YEARS EXPERIENCE AS A LIBRARIAN TO MAKE READING FUN FOR EVERYONE, PARENT AND CHILD ALIKE, AND IN DOING SO, TO IMPROVE LITERACY AND LIVES IN OUR COMMUNITY. THE SUMMER PYGAMES (SP): SP IS A COMPETITION FOR HIGH SCHOOL AGE STUDENTS TO CREATE EDUCATIONAL VIDEO GAMES. VIDEO GAMES ARE THEN MADE AVAILABLE ON THIS SITE AND DISTRIBUTED TO SCHOOLS WORKING WITH THE PALMETTO PROJECT IN SOUTH CAROLINA. USING OPEN SOURCE SOFTWARE, STUDENTS HAVE 6 WEEKS TO CREATE AN EDUCATIONAL VIDEO GAME FOR STUDENTS GRADE LEVEL KINDERGARTEN THROUGH 6TH GRADE. GAMES ARE THEN JUDGED AND WINNERS ANNOUNCED. LEADING STUDENT TEAMS RECEIVE VALUABLE PRIZES TO HELP THEM CONTINUE TO PURSUE POST SECONDARY EDUCATION. LAST YEARS PRIZE WAS NOTEBOOKS FOR THE WINNING TEAM. 100% VOLUNTEER ALL DONATIONS GO TO PRIZES FOR THE STUDENTS AND MAINTAINING THE COMPETITION.
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 REVIEWED 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/ReturnReference0FORM 990, PART III, LINE 2
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 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/BOY0146213
IRS990/TotalAssetsBOY0146213
IRS990/TotalAssets/EOY0184619
IRS990/TotalAssetsEOY0184619
IRS990/TotalCompGT150K00
IRS990/TotalContributions01009954
IRS990/TotalExpensesCurrentYear0962538
IRS990/TotalExpensesPriorYear01282627
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral074550
IRS990/TotalFunctionalExpenses/ProgramServices0887988
IRS990/TotalFunctionalExpenses/Total0962538
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY0105852
IRS990/TotalLiabilitiesBOY0105852
IRS990/TotalLiabilities/EOY096833
IRS990/TotalLiabilitiesEOY096833
IRS990/TotalLiabNetAssetsFundBalances/BOY0146213
IRS990/TotalLiabNetAssetsFundBalances/EOY0184619
IRS990/TotalNbrEmployees017
IRS990/TotalNbrVolunteers01500
IRS990/TotalNetAssetsFundBalances/BOY040361
IRS990/TotalNetAssetsFundBalances/EOY087786
IRS990/TotalOfOtherProgramServiceExp0266248
IRS990/TotalOfOtherProgramServiceRev0278735
IRS990/TotalOtherCompensation00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense0887988
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg0151667
IRS990/TotalRevenueCurrentYear01009963
IRS990/TotalRevenue/ExclusionAmount09
IRS990/TotalRevenuePriorYear01257134
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome00
IRS990/TotalRevenue/TotalRevenueColumn01009963
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00
IRS990/TransfersToExemptNonChrtblOrg00
IRS990/Travel/ManagementAndGeneral0122
IRS990/Travel/ProgramServices030505
IRS990/Travel/Total030627
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UnsecuredNotesLoansPayable/BOY058502
IRS990/UnsecuredNotesLoansPayable/EOY065415
IRS990/UponRequest0X
IRS990/WebSite0WWW.PALMETTOPROJECT.ORG
IRS990/WhistleblowerPolicy01
IRS990/YearFormation01985
ReturnHeader/BuildTS02016-02-24 21:20:13Z
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
ReturnHeader/Filer/USAddress/ZIPCode029464

Document Assets

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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