Civic Intelligence

Palmetto Project Inc.

990 • Fiscal year 2019 • EIN 57-0807801

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 15, 2020

6296 Rivers Avenue Ste 100North Charleston, SC 29406

(843) 577-4122

Siviq Scores

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

Liabilities / Assets

69th percentile

0.25x

Higher debt load relative to assets than 69% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

68th percentile

0.24x

Higher debt load relative to revenue than 68% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

58th percentile

$78,500

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

8th percentile

-16%

Faster asset growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-11%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,050,758

Down $197,713 (-16%) from 2018

Net Assets

Down

$786,642

Down $162,063 (-17%) from 2018

Liabilities

Down

$264,116

Down $35,650 (-12%) from 2018

Revenue

Down

$1,102,740

Down $142,683 (-11%) from 2018

Expenses

Down

$1,264,803

Down $270,667 (-18%) from 2018

Net Income

Up

-$162,063

Up $127,984 (+44%) from 2018

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

2019

Assets$1,050,758
Liabilities$264,116
Net Assets$786,642

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

2019

Revenue$1,102,740
Expenses$1,264,803
Net Income-$162,063
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2020
Return Version
2019v5.0
Gross Receipts
$1,227,306
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.

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 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$985,017$891,501▼ $93,516
Cash and Non-Interest-Bearing Accounts$194,508$98,545▼ $95,963
Prepaid Expenses and Deferred Charges$27,831$29,748▲ $1,917
Accounts Receivable$39,188$29,310▼ $9,878
Investments in Publicly Traded Securities$1,141$1,141→ $0
Land, Buildings, and Equipment, Net$786$513▼ $273
Total Assets$1,248,471$1,050,758▼ $197,713
Liabilities
Mortgage Notes Payable Secured by Investment Property$250,000$164,135▼ $85,865
Accounts Payable and Accrued Expenses$28,374$46,881▲ $18,507
Deferred Revenue-$30,730-
Other Liabilities$21,392$22,370▲ $978
Total Liabilities$299,766$264,116▼ $35,650
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,704,846$1,751,197▲ $46,351
Net Assets Without Donor Restrictions$-756,141$-964,555▼ $208,414
Total Net Assets Fund Balance$948,705$786,642▼ $162,063
Total Liabilities and Net Assets / Fund Balance$1,248,471$1,050,758▼ $197,713

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$513$26,783$27,296
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeffrey FlemingCOOFT$78,500$78,500
Stephen L SkardonExecutive DiFT$23,667$23,667

Board Members and Trustees

NameTitle
Robert Barber JrChairman
Brady Quirk-garvanVice Chairma
Barry WynnBoard Member
Bobbi KennedyBoard Member
Elliotte QuinnBoard Member
Jack LawrenceBoard Member
Jonathan WilliamsBoard Member
Joyce GreenBoard Member
Judy J CannonBoard Member
Justin PowellBoard Member
Lee BussellBoard Member
Marion CobbBoard Member
Nina Sossaman-pogueBoard Member
Quinetha FrasierBoard Member
S Anne WalkerBoard Member
Wade KolbBoard Member
Ted RileySecretary-tr
Revenue and Support

Revenue Composition

Contributions and Grants
$975,464
Program Service Revenue
$222,555
Investment Income
$4,187
Other Revenue
$-99,466
All Other Contributions
$633,190
Change in Net Assets
$-162,063

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,097,240
Revenue Not Reported on Financial Statements
$5,500
Other Revenue Adjustments
$5,500
Total Revenue per Audited Statements
$1,097,240
Total Revenue per Form 990
$1,102,740
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$631,936
Salaries, Compensation, and Employee Benefits$599,015
Grants and Similar Amounts Paid$33,852
Total Fundraising Expense$10,026
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$361,801$15,383$3,845$381,029
Current Officers, Directors, Trustees, and Key Employees$97,058$4,087$1,022$102,167
Occupancy$71,050$16,373$1,377$88,800
Other Employee Benefits$69,209--$69,209
Payroll Taxes$44,262$2,348-$46,610
Office Expenses$27,957$11,495$93$39,545
Grants to Domestic Orgs$28,352--$28,352
Fees for Services Other$8,033$12,921-$20,954
Interest-$16,165-$16,165
Travel$12,208$2,361-$14,569
Information Technology$5,756$7,629-$13,385
Fees for Services Accounting$11,750$240-$11,990
Insurance$10,048$805-$10,853
Advertising$6,114$738$3,689$10,541
Other Expenses$1,499$5,722-$5,722
Foreign Grants$5,500--$5,500
All Other Expenses$1,548$2,336-$3,884
Fees for Services Legal$2,847$58-$2,905
Depreciation Depletion-$273-$273
Conferences and Meetings$42$3-$45
Total Functional Expenses$1,134,312$120,465$10,026$1,264,803

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,264,803
Expenses per Audited Statements$1,259,303
Total Expenses per Audited Statements$1,259,303
Expenses Not Reported on Financial Statements$5,500
Other Expense Adjustments$5,500
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Post and Courier FoundationCharleston, SC501(3)Media in Education$28,252

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$124,566
Fundraising Gross Income$25,100
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Homeless to Hop$165,804$12,150$40,707$-28,557
Birdfest Music$55,657$9,750$50,367$-40,617
Total Events$232,434$25,100$124,566$-99,466
Political and Lobbying Activity
Political campaign activity
Yes
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$19,168
Accrued Payroll$2,345
Payroll Liabilities$553
Accrued Interest$304
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is mailed to the board members before the tax return is filed.

Form 990, Page 6, Part VI, Line 12C

Palmetto project has a written conflict of interest policy that covers any director, principal officer or member of a committee with governing board delegated powers. The policy requires any of the covered perons to disclose possible conflicts of interest to the board chair, 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.

Form 990, Page 6, Part VI, Line 15A

The board of directors compensation committee analyzes coomparability data, performance, and the financial status of palmetto project in determining the compensation of officers.

Form 990, Page 6, Part VI, Line 15B

The compensation committee of the board of directors analyze comparability data, performance and the financial status of palmetto project in determining the compensation of officers.

Form 990, Page 6, Part VI, Line 19

Palmetto project will provide a copy of governing documents, conflict of interest policy, and financial statements upon request.

Filing and Contact Details

Filer

Filer Name
Palmetto Project Inc
EIN
57-0807801
Phone
8435774122
Address
6296 RIVERS AVENUE STE 100, NORTH CHARLESTON, SC 29406

Signing Officer

Name
Stephen L Skardon
Title
Executive Director
Phone
8435774122
Signed
2020-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Barber Jr
Voting Board Members
17
Independent Board Members
17
Employees
16
Volunteers
2,020

Preparer

Firm
Greene Finney Llp
Address
211 E BUTLER RD STE C6, MAULDIN, SC 29662
Preparer
Susan Denise Eidson CPA
Phone
8644517381
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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 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.

Form 990, Page 2, Part III, Line 4A

Accessible healthcare for the past 20 years, the palmetto project has been a leading advocate for a more effective system of health care for south carolinians regardless of their financial circumstances, race, or residency. During this time the organization became a national leader in patient navigation, community- based care delivery, and reducing cardiovascular disease among at-risk african americans. Other initiatives have boosted south carolina to becoming a national leader in childhood immunization, health insurance enrollment, and medicaid coverage for children. One of our most successful start-up ventures has been welvista, a statewide partnership that provides free pharmaceuticals to the hundreds of thousands of south carolinians without health coverage. Today welvista is its own non-profit organization and providing medications valued at more than 50 million a year to south carolinians in need. Programs: insure sc. Insure sc is a one-stop shop to get information about health coverage options including medicaid, medicare, marketplace, and private insurance. All services are free. It is the first nonprofit insurance agency in south carolina, and the second in the nation. Childrens health sc . Half of all south carolina children live at or below 200% of the federal poverty level, and consequently face many health care challenges. Medicaid provides good coverage, but thousands of eligible children go off the rolls each year and face long periods without a medical home or insurance coverage. The palmetto project has formed partnerships with the states medicaid agency to more aggressively identify children who have fallen through the cracks and get them enrolled and re- enrolled in medicaid and into a medical home. Carolina hearing aid bank. Most public and private health care plans do not cover the cost of hearing aids, jeopardizing the ability of south carolinians who are hard of hearing to work, live on their own, or even communicate with their own families. This is particularly hard on people living below the poverty level. Through a special partnership with starkey, a national hearing aid manufacturer, the palmetto project is able to provide low-income south carolinians with free hearing aids, which we acquire at a fraction of their retail value.

Form 990, Page 2, Part III, Line 4B

Family, youth and schools the palmetto project sees healthy families, engaged young people, and vibrant schools as the cornerstones of effective communities. Our initiatives provide thousands of vulnerable families with connections to social service agencies, support services, food, and even christmas presents. Evidence-based programs in early literacy and campus violence have translated into greater school readiness among the states youngest learners, and safer, more inclusive schools for our teenagers. Current programs my first books of south carolina. Nearly one-third of south carolina children arrive in kindergarten without the literacy skills to master the material they need to move on to first grade. Through our partnership with dolly parton and her imagination library, we are working to provide every south carolina child under age five a free, developmentally-appropriate book each month. Begin with books, our affiliated program in charleston county, is one of the most successful examples of how this program can change childrens lives. Begin with books. Begin with books is changing thousands of lives in charleston county sc by mailing books to babies and toddlers via dolly partons imagination library. Families who receive our books in the mail each month read with their children more often and spend more time reading and talking about books together. These improved family reading habits strengthen a babys pre-literacy skills and reduce the word gap that exists between children from low- and higher-income families, sending children to school excited about reading and ready to learn. Families helping families. There has probably never been a real social safety net for vulnerable families and children in south carolina. One in three children in south carolina cannot count on regular meals from day to day. For 25 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 state. Many south carolinians know fhf because of its christmas programming that provides food, clothing, and christmas gifts for nearly 3800 families with urgent and emergency needs. Other programs included in this category: backpack journalist, media in education

Form 990, Page 2, Part III, Line 4C

Community engagement programs in south carolina, when race is a factor, it is the factor. However, the palmetto project has become a leader in equipping communities with new tools to enhance communication, create trust, and solve problems. Other programming encourages young people to strive to become world-class and reach out beyond our states borders. Our long-standing support of companion organizations in africa has broadened south carolinians appreciation for a big part of our heritage. Our three statewide citizens summits on race and community in 1996-2000 provided a road map to support south carolina communities struggling with race-related issues. Along with many non-profit and private sector partners, we facilitated dozens of community dialogues and created local programs that led to greater cooperation and long-term relationships that in turn led to progress. Homeless to hope fund. The homeless to hope fund was founded in february 2016 by charleston mayor john tecklenburg. Homeless to hope fund is used to assist homeless individuals and families in their transition to permanent housing through service providers in charleston, mount pleasant, summerville, and north charleston for certain financial expenses. Low country aid to africa. In 2003 leaders of charleston religious community came together to create stronger ties with non-profit organizations in africa responding to the continents growing health crises. Every year the group of christians and jews organizes a major fundraising event through which south carolinians can provide assistance to this part of the world that has had such an important impact on our state. Lowcountry ministries fund. This fund was established in coordination with and at the request of the city of charleston as an opportunity to honor the victims of the june 2015 tragedy at emanuel ame church by furthering community concerns that were important to them, especially in underserved communities in beaufort, hampton, allendale, colleton, jasper, and charleston counties.

Form 990, Part XI, Line 9

Donation lcaa included in fundraising expenses -5,500 donation lcaa included in fundraising expenses 5,500

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Donation lcaa included in fundraising expenses 5,500

Schedule D, Page 4, Part XII, Line 4B

Donation lcaa included in fundraising expenses 5,500

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IRS990/ActivityOrMissionDesc0THE 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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IRS990/Desc0ACCESSIBLE HEALTHCARE FOR THE PAST 20 YEARS, THE PALMETTO PROJECT HAS BEEN A LEADING ADVOCATE FOR A MORE EFFECTIVE SYSTEM OF HEALTH CARE FOR SOUTH CAROLINIANS REGARDLESS OF THEIR FINANCIAL CIRCUMSTANCES, RACE, OR RESIDENCY. DURING THIS TIME THE ORGANIZATION BECAME A NATIONAL LEADER IN PATIENT NAVIGATION, COMMUNITY- BASED CARE DELIVERY, AND REDUCING CARDIOVASCULAR DISEASE AMONG AT-RISK AFRICAN AMERICANS. OTHER INITIATIVES HAVE BOOSTED SOUTH CAROLINA TO BECOMING A NATIONAL LEADER IN CHILDHOOD IMMUNIZATION, HEALTH INSURANCE ENROLLMENT, AND MEDICAID COVERAGE FOR CHILDREN. ONE OF OUR MOST SUCCESSFUL START-UP VENTURES HAS BEEN WELVISTA, A STATEWIDE PARTNERSHIP THAT PROVIDES FREE PHARMACEUTICALS TO THE HUNDREDS OF THOUSANDS OF SOUTH CAROLINIANS WITHOUT HEALTH COVERAGE. TODAY WELVISTA IS ITS OWN NON-PROFIT ORGANIZATION AND PROVIDING MEDICATIONS VALUED AT MORE THAN 50 MILLION A YEAR TO SOUTH CAROLINIANS IN NEED. PROGRAMS: INSURE SC. INSURE SC IS A ONE-STOP SHOP TO GET INFORMATION ABOUT HEALTH COVERAGE OPTIONS INCLUDING MEDICAID, MEDICARE, MARKETPLACE, AND PRIVATE INSURANCE. ALL SERVICES ARE FREE. IT IS THE FIRST NONPROFIT INSURANCE AGENCY IN SOUTH CAROLINA, AND THE SECOND IN THE NATION. CHILDRENS HEALTH SC . HALF OF ALL SOUTH CAROLINA CHILDREN LIVE AT OR BELOW 200% OF THE FEDERAL POVERTY LEVEL, AND CONSEQUENTLY FACE MANY HEALTH CARE CHALLENGES. MEDICAID PROVIDES GOOD COVERAGE, BUT THOUSANDS OF ELIGIBLE CHILDREN GO OFF THE ROLLS EACH YEAR AND FACE LONG PERIODS WITHOUT A MEDICAL HOME OR INSURANCE COVERAGE. THE PALMETTO PROJECT HAS FORMED PARTNERSHIPS WITH THE STATES MEDICAID AGENCY TO MORE AGGRESSIVELY IDENTIFY CHILDREN WHO HAVE FALLEN THROUGH THE CRACKS AND GET THEM ENROLLED AND RE- ENROLLED IN MEDICAID AND INTO A MEDICAL HOME. CAROLINA HEARING AID BANK. MOST PUBLIC AND PRIVATE HEALTH CARE PLANS DO NOT COVER THE COST OF HEARING AIDS, JEOPARDIZING THE ABILITY OF SOUTH CAROLINIANS WHO ARE HARD OF HEARING TO WORK, LIVE ON THEIR OWN, OR EVEN COMMUNICATE WITH THEIR OWN FAMILIES. THIS IS PARTICULARLY HARD ON PEOPLE LIVING BELOW THE POVERTY LEVEL. THROUGH A SPECIAL PARTNERSHIP WITH STARKEY, A NATIONAL HEARING AID MANUFACTURER, THE PALMETTO PROJECT IS ABLE TO PROVIDE LOW-INCOME SOUTH CAROLINIANS WITH FREE HEARING AIDS, WHICH WE ACQUIRE AT A FRACTION OF THEIR RETAIL VALUE.
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IRS990/MissionDesc0THE 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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IRS990/OtherExpensesGrp/Desc1SUBSCRIPTIONS & BOOKS
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IRS990/ProgSrvcAccomActy2Grp/Desc0FAMILY, YOUTH AND SCHOOLS THE PALMETTO PROJECT SEES HEALTHY FAMILIES, ENGAGED YOUNG PEOPLE, AND VIBRANT SCHOOLS AS THE CORNERSTONES OF EFFECTIVE COMMUNITIES. OUR INITIATIVES PROVIDE THOUSANDS OF VULNERABLE FAMILIES WITH CONNECTIONS TO SOCIAL SERVICE AGENCIES, SUPPORT SERVICES, FOOD, AND EVEN CHRISTMAS PRESENTS. EVIDENCE-BASED PROGRAMS IN EARLY LITERACY AND CAMPUS VIOLENCE HAVE TRANSLATED INTO GREATER SCHOOL READINESS AMONG THE STATES YOUNGEST LEARNERS, AND SAFER, MORE INCLUSIVE SCHOOLS FOR OUR TEENAGERS. CURRENT PROGRAMS MY FIRST BOOKS OF SOUTH CAROLINA. NEARLY ONE-THIRD OF SOUTH CAROLINA CHILDREN ARRIVE IN KINDERGARTEN WITHOUT THE LITERACY SKILLS TO MASTER THE MATERIAL THEY NEED TO MOVE ON TO FIRST GRADE. THROUGH OUR PARTNERSHIP WITH DOLLY PARTON AND HER IMAGINATION LIBRARY, WE ARE WORKING TO PROVIDE EVERY SOUTH CAROLINA CHILD UNDER AGE FIVE A FREE, DEVELOPMENTALLY-APPROPRIATE BOOK EACH MONTH. BEGIN WITH BOOKS, OUR AFFILIATED PROGRAM IN CHARLESTON COUNTY, IS ONE OF THE MOST SUCCESSFUL EXAMPLES OF HOW THIS PROGRAM CAN CHANGE CHILDRENS LIVES. BEGIN WITH BOOKS. BEGIN WITH BOOKS IS CHANGING THOUSANDS OF LIVES IN CHARLESTON COUNTY SC BY MAILING BOOKS TO BABIES AND TODDLERS VIA DOLLY PARTONS IMAGINATION LIBRARY. FAMILIES WHO RECEIVE OUR BOOKS IN THE MAIL EACH MONTH READ WITH THEIR CHILDREN MORE OFTEN AND SPEND MORE TIME READING AND TALKING ABOUT BOOKS TOGETHER. THESE IMPROVED FAMILY READING HABITS STRENGTHEN A BABYS PRE-LITERACY SKILLS AND REDUCE THE WORD GAP THAT EXISTS BETWEEN CHILDREN FROM LOW- AND HIGHER-INCOME FAMILIES, SENDING CHILDREN TO SCHOOL EXCITED ABOUT READING AND READY TO LEARN. FAMILIES HELPING FAMILIES. THERE HAS PROBABLY NEVER BEEN A REAL SOCIAL SAFETY NET FOR VULNERABLE FAMILIES AND CHILDREN IN SOUTH CAROLINA. ONE IN THREE CHILDREN IN SOUTH CAROLINA CANNOT COUNT ON REGULAR MEALS FROM DAY TO DAY. FOR 25 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 STATE. MANY SOUTH CAROLINIANS KNOW FHF BECAUSE OF ITS CHRISTMAS PROGRAMMING THAT PROVIDES FOOD, CLOTHING, AND CHRISTMAS GIFTS FOR NEARLY 3800 FAMILIES WITH URGENT AND EMERGENCY NEEDS. OTHER PROGRAMS INCLUDED IN THIS CATEGORY: BACKPACK JOURNALIST, MEDIA IN EDUCATION
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IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY ENGAGEMENT PROGRAMS IN SOUTH CAROLINA, WHEN RACE IS A FACTOR, IT IS THE FACTOR. HOWEVER, THE PALMETTO PROJECT HAS BECOME A LEADER IN EQUIPPING COMMUNITIES WITH NEW TOOLS TO ENHANCE COMMUNICATION, CREATE TRUST, AND SOLVE PROBLEMS. OTHER PROGRAMMING ENCOURAGES YOUNG PEOPLE TO STRIVE TO BECOME WORLD-CLASS AND REACH OUT BEYOND OUR STATES BORDERS. OUR LONG-STANDING SUPPORT OF COMPANION ORGANIZATIONS IN AFRICA HAS BROADENED SOUTH CAROLINIANS APPRECIATION FOR A BIG PART OF OUR HERITAGE. OUR THREE STATEWIDE CITIZENS SUMMITS ON RACE AND COMMUNITY IN 1996-2000 PROVIDED A ROAD MAP TO SUPPORT SOUTH CAROLINA COMMUNITIES STRUGGLING WITH RACE-RELATED ISSUES. ALONG WITH MANY NON-PROFIT AND PRIVATE SECTOR PARTNERS, WE FACILITATED DOZENS OF COMMUNITY DIALOGUES AND CREATED LOCAL PROGRAMS THAT LED TO GREATER COOPERATION AND LONG-TERM RELATIONSHIPS THAT IN TURN LED TO PROGRESS. HOMELESS TO HOPE FUND. THE HOMELESS TO HOPE FUND WAS FOUNDED IN FEBRUARY 2016 BY CHARLESTON MAYOR JOHN TECKLENBURG. HOMELESS TO HOPE FUND IS USED TO ASSIST HOMELESS INDIVIDUALS AND FAMILIES IN THEIR TRANSITION TO PERMANENT HOUSING THROUGH SERVICE PROVIDERS IN CHARLESTON, MOUNT PLEASANT, SUMMERVILLE, AND NORTH CHARLESTON FOR CERTAIN FINANCIAL EXPENSES. LOW COUNTRY AID TO AFRICA. IN 2003 LEADERS OF CHARLESTON RELIGIOUS COMMUNITY CAME TOGETHER TO CREATE STRONGER TIES WITH NON-PROFIT ORGANIZATIONS IN AFRICA RESPONDING TO THE CONTINENTS GROWING HEALTH CRISES. EVERY YEAR THE GROUP OF CHRISTIANS AND JEWS ORGANIZES A MAJOR FUNDRAISING EVENT THROUGH WHICH SOUTH CAROLINIANS CAN PROVIDE ASSISTANCE TO THIS PART OF THE WORLD THAT HAS HAD SUCH AN IMPORTANT IMPACT ON OUR STATE. LOWCOUNTRY MINISTRIES FUND. THIS FUND WAS ESTABLISHED IN COORDINATION WITH AND AT THE REQUEST OF THE CITY OF CHARLESTON AS AN OPPORTUNITY TO HONOR THE VICTIMS OF THE JUNE 2015 TRAGEDY AT EMANUEL AME CHURCH BY FURTHERING COMMUNITY CONCERNS THAT WERE IMPORTANT TO THEM, ESPECIALLY IN UNDERSERVED COMMUNITIES IN BEAUFORT, HAMPTON, ALLENDALE, COLLETON, JASPER, AND CHARLESTON COUNTIES.
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IRS990/PYTotalExpensesAmt01535470
IRS990/PYTotalRevenueAmt01245423
IRS990/ReconcilationRevenueExpnssAmt0-162063
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0222555
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0985017
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0891501
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0CREDIT CARD DISCOUNTS 1,122
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0975464
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01298227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01899904
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02408374
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04140857
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010722826
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04187
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0837
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0660
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0320
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06038
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0300429
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01122
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01122
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90690
IRS990ScheduleA/PublicSupportPY170Pct00.91090
IRS990ScheduleA/PublicSupportTotal170Amt09731101
IRS990ScheduleA/SubstantialContributorsTotAmt0991725
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0975464
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01298227
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01899904
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02408374
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04140857
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010722826

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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
Peer Organizations

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