Civic Intelligence

Palmetto Conservation Foundation

990 • Fiscal year 2025 • EIN 57-0907043

Jul 01, 2024 to Jun 30, 2025 • Filed on Feb 20, 2026

722 King StColumbia, SC 29205

(803) 771-0870

Siviq Scores

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

Liabilities / Assets

30th percentile

0.03x

Higher debt load relative to assets than 30% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

33rd percentile

0.07x

Higher debt load relative to revenue than 33% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

18th percentile

-7.6%

Higher net margin than 18% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

13th percentile

-7.1%

Faster asset growth than 13% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

89th percentile

54%

Faster revenue growth than 89% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Down

$6,579,717

Down $502,796 (-7.1%) from 2024

Net Assets

Down

$6,366,353

Down $219,141 (-3.3%) from 2024

Liabilities

Down

$213,364

Down $283,655 (-57%) from 2024

Revenue

Up

$2,962,128

Up $1,039,358 (+54%) from 2024

Expenses

Up

$3,187,797

Up $803,449 (+34%) from 2024

Net Income

Up

-$225,669

Up $235,909 (+51%) from 2024

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $9,174,576Liabilities 2010: $95,027Net Assets 2010: $9,079,5492010Assets 2011: $9,445,216Liabilities 2011: $116,616Net Assets 2011: $9,328,6002011Assets 2012: $9,151,686Liabilities 2012: $116,347Net Assets 2012: $9,035,3392012Assets 2013: $9,217,106Liabilities 2013: $113,085Net Assets 2013: $9,104,0212013Assets 2014: $9,521,174Liabilities 2014: $62,781Net Assets 2014: $9,458,3932014Assets 2015: $9,470,950Liabilities 2015: $70,817Net Assets 2015: $9,400,1332015Assets 2016: $9,355,377Liabilities 2016: $38,310Net Assets 2016: $9,317,0672016Assets 2017: $8,939,319Liabilities 2017: $305,145Net Assets 2017: $8,634,1742017Assets 2018: $8,764,793Liabilities 2018: $370,805Net Assets 2018: $8,393,9882018Assets 2019: $8,398,779Liabilities 2019: $366,854Net Assets 2019: $8,031,9252019Assets 2020: $8,333,450Liabilities 2020: $366,243Net Assets 2020: $7,967,2072020Assets 2021: $8,634,101Liabilities 2021: $378,172Net Assets 2021: $8,255,9292021Assets 2022: $5,874,790Liabilities 2022: $367,137Net Assets 2022: $5,507,6532022Assets 2023: $7,316,986Liabilities 2023: $269,913Net Assets 2023: $7,047,0732023Assets 2024: $7,082,513Liabilities 2024: $497,019Net Assets 2024: $6,585,4942024Assets 2025: $6,579,717Liabilities 2025: $213,364Net Assets 2025: $6,366,3532025

Highlighted filing

2025

Assets$6,579,717
Liabilities$213,364
Net Assets$6,366,353

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $837,0262010Expenses 2011: $822,2722011Expenses 2012: $933,7572012Expenses 2013: $723,0392013Revenue 2014: $1,262,740Expenses 2014: $909,134Net Income 2014: $353,6062014Revenue 2015: $855,093Expenses 2015: $912,802Net Income 2015: -$57,7092015Revenue 2016: $778,055Expenses 2016: $864,353Net Income 2016: -$86,2982016Revenue 2017: $1,069,961Expenses 2017: $1,752,857Net Income 2017: -$682,8962017Revenue 2018: $1,040,081Expenses 2018: $1,280,265Net Income 2018: -$240,1842018Revenue 2019: $1,071,734Expenses 2019: $824,797Net Income 2019: $246,9372019Revenue 2020: $799,375Expenses 2020: $811,091Net Income 2020: -$11,7162020Revenue 2021: $1,173,250Expenses 2021: $896,529Net Income 2021: $276,7212021Revenue 2022: $829,042Expenses 2022: $1,053,537Net Income 2022: -$224,4952022Revenue 2023: $2,987,720Expenses 2023: $1,448,300Net Income 2023: $1,539,4202023Revenue 2024: $1,922,770Expenses 2024: $2,384,348Net Income 2024: -$461,5782024Revenue 2025: $2,962,128Expenses 2025: $3,187,797Net Income 2025: -$225,6692025

Highlighted filing

2025

Revenue$2,962,128
Expenses$3,187,797
Net Income-$225,669
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 20, 2026
Return Version
2024v5.0
Gross Receipts
$2,968,655
Mission and Program Overview

Mission

To foster an appreciation for south carolina's natural and cultural resources, providing opportunities for active recreation on the palmetto trail and other trail ystems that can be enjoyed by all in south carolina, regardless of gender, race, creed, age or ability.

The palmetto trail is dedicated to building, protecting and maintaining a statewide multi-use nature based trail that provides a continuous trail spanning from the mountains to the sea across south carolina. Our mission is to promote the health and wellness of south carolinians through outdoor recreational opportunities, foster economic vitality in our communities through eco-tourism and inspire a deep appreciation and stewardship of south carolina's natural and cultural resources through conservation environmental education. Palmetto trail, south carolina's largest trail system can be enjoyed by all in south carolina, regardless of gender, race, creed, age, or ability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,173,442$5,255,301▲ $81,859
Cash and Non-Interest-Bearing Accounts$645,891$727,211▲ $81,320
Savings and Temporary Cash Investments$1,066,475$586,791▼ $479,684
Accounts Receivable$179,427--
Inventories for Sale or Use$13,553$6,689▼ $6,864
Total Assets$7,082,513$6,579,717▼ $502,796
Other Assets Total$3,725$3,725→ $0
Liabilities
Deferred Revenue$158,684--
Mortgage Notes Payable Secured by Investment Property$163,830$144,826▼ $19,004
Accounts Payable and Accrued Expenses$174,505$68,538▼ $105,967
Total Liabilities$497,019$213,364▼ $283,655
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,385,000$4,385,000→ $0
Net Assets Without Donor Restrictions$2,200,494$1,981,353▼ $219,141
Total Net Assets Fund Balance$6,585,494$6,366,353▼ $219,141
Total Liabilities and Net Assets / Fund Balance$7,082,513$6,579,717▼ $502,796

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,818,800-$4,818,800
Equipment$10,062$39,643$49,705
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Tracy MacphersonBoard Chairm
Grady JohnsonVice Chair
Jeffrey ArchieBoard Member
Jess PowellBoard Member
Mikee JohnsonBoard Member
Phil GainesBoard Member
Sam KondurosBoard Member
William MitchellBoard Member
Mary RoeExecutive Di

Highest Paid Contractors

ContractorServicesLocationCompensation
Boyer Commercial Construction INCConstruction2122 S BELTLINE BLVD, 2122 S BELTLINE BLVD, Columbia, SC 29201$768,809
Hawkins & Kolb Construction INCConstruction2530 TAHOE DRIVE, 2530 TAHOE DRIVE, Sumter, SC 29150$126,199
Revenue and Support

Revenue Composition

Contributions and Grants
$2,907,942
Program Service Revenue
$0
Investment Income
$60,713
Other Revenue
$-6,527
All Other Contributions
$137,474
Change in Net Assets
$-225,669

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,962,128
Revenue Not Reported on Form 990
$58,160
Total Revenue per Audited Statements
$3,020,288
Total Revenue per Form 990
$2,962,128
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,322,201
Salaries, Compensation, and Employee Benefits$865,596
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,169,480$78,500-$1,247,980
Other Salaries and Wages$584,675$193,262-$777,937
Advertising$97,649$12,873-$110,522
Travel$69,399$24,390-$93,789
Depreciation Depletion$78,108$5,499-$83,607
All Other Expenses$31,817$33,222-$65,039
Payroll Taxes$44,591$18,336-$62,927
Insurance$9,099$38,924-$48,023
Office Expenses$3,710$32,865-$36,575
Other Expenses$7,986$19,024-$27,010
Other Employee Benefits$7,953$16,779-$24,732
Occupancy$4,544$18,706-$23,250
Interest$21$6,844-$6,865
Total Functional Expenses$2,629,983$557,814$0$3,187,797

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,245,957
Expenses per Audited Statements$3,187,797
Total Expenses per Form 990$3,187,797
Expenses Not Reported on Form 990$58,160
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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 provided to the executive director and office manager for review before it is filed.

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

The board of directors approves the pay rate for the executive director.

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

The board of directors approve pay rates for all employees.

Form 990, Page 6, Part VI, Line 19

All documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Palmetto Trail
EIN
57-0907043
Phone
8037710870
Address
722 KING ST, COLUMBIA, SC 29205

Signing Officer

Name
Mary Roe
Title
Executive Director
Phone
8037710870
Signed
2026-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Roe
Voting Board Members
8
Independent Board Members
8
Employees
46

Preparer

Firm
Cantey Tiller Pierce & Green Llp
Address
PO BOX 862, CAMDEN, SC 29021
Preparer
Lori Kornegay
Phone
8034321436
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To foster an appreciation for south carolina's natural and cultural resources, providing opportunities for active recreation on the palmetto trail and other trail ystems that can be enjoyed by all in south carolina, regardless of gender, race, creed, age or ability.

Form 990, Part IX, Line 11G

Contracted services 1,169,480 78,500 0

Form 990, Part XI, Line 9

Bought broad river reserve land 10,000 other -205 net investment -3,267 total 6,528

Financial Statement Notes

Schedule D, Page 1, Part II, Line 9

Easements are recorded as other assets at the appraised value on the date of the easement.

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IRS990/MissionDesc0TO FOSTER AN APPRECIATION FOR SOUTH CAROLINA'S NATURAL AND CULTURAL RESOURCES, PROVIDING OPPORTUNITIES FOR ACTIVE RECREATION ON THE PALMETTO TRAIL AND OTHER TRAIL YSTEMS THAT CAN BE ENJOYED BY ALL IN SOUTH CAROLINA, REGARDLESS OF GENDER, RACE, CREED, AGE OR ABILITY.
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IRS990/OtherExpensesGrp/Desc0TRAIL MAINTENANCE
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IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt219024
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IRS990/PayrollTaxesGrp/TotalAmt062927
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01143978
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt047070
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt036206
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IRS990ScheduleC/MailingsMembersInd0false
IRS990ScheduleC/MediaAdvertisementsInd0false
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IRS990ScheduleC/OtherActivitiesInd0false
IRS990ScheduleC/PaidStaffOrManagementInd0false
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HIRED AN EXTERNAL COMPANY TO HANDLE LOBBYING ACTIVITIES FOR THE FOUNDATION.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART II-B, LINE 1
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IRS990ScheduleD/DonatedServicesAndUseFcltsAmt058160
IRS990ScheduleD/DonatedServicesUseFcltsAmt058160
IRS990ScheduleD/EquipmentGrp/BookValueAmt010062
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039643
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049705
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IRS990ScheduleD/ExpensesSubtotalAmt03187797
IRS990ScheduleD/LandGrp/BookValueAmt04818800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04818800
IRS990ScheduleD/RevenueNotReportedAmt058160
IRS990ScheduleD/RevenueSubtotalAmt02962128
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EASEMENTS ARE RECORDED AS OTHER ASSETS AT THE APPRAISED VALUE ON THE DATE OF THE EASEMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART II, LINE 9
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IRS990ScheduleD/TotalExpensesPerForm990Amt03187797
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03245957
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO FOSTER AN APPRECIATION FOR SOUTH CAROLINA'S NATURAL AND CULTURAL RESOURCES, PROVIDING OPPORTUNITIES FOR ACTIVE RECREATION ON THE PALMETTO TRAIL AND OTHER TRAIL YSTEMS THAT CAN BE ENJOYED BY ALL IN SOUTH CAROLINA, REGARDLESS OF GENDER, RACE, CREED, AGE OR ABILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR AND OFFICE MANAGER FOR REVIEW BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS APPROVES THE PAY RATE FOR THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS APPROVE PAY RATES FOR ALL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACTED SERVICES 1,169,480 78,500 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOUGHT BROAD RIVER RESERVE LAND 10,000 OTHER -205 NET INVESTMENT -3,267 TOTAL 6,528
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TravelGrp/ProgramServicesAmt069399
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.58$0.21$6.37$2.96$3.19$0.23
2024Detailed filing. Detailed filing data is available for this year.$7.08$0.50$6.59$1.92$2.38$0.46
2023Detailed filing. Detailed filing data is available for this year.$7.32$0.27$7.05$2.99$1.45$1.54
2022Detailed filing. Detailed filing data is available for this year.$5.87$0.37$5.51$0.83$1.05$0.22
2021Detailed filing. Detailed filing data is available for this year.$8.63$0.38$8.26$1.17$0.90$0.28
2020Detailed filing. Detailed filing data is available for this year.$8.33$0.37$7.97$0.80$0.81$0.01
2019Detailed filing. Detailed filing data is available for this year.$8.40$0.37$8.03$1.07$0.82$0.25
2018Detailed filing. Detailed filing data is available for this year.$8.76$0.37$8.39$1.04$1.28$0.24
2017Detailed filing. Detailed filing data is available for this year.$8.94$0.31$8.63$1.07$1.75$0.68
2016Detailed filing. Detailed filing data is available for this year.$9.36$0.04$9.32$0.78$0.86$0.09
2015Detailed filing. Detailed filing data is available for this year.$9.47$0.07$9.40$0.86$0.91$0.06
2014Detailed filing. Detailed filing data is available for this year.$9.52$0.06$9.46$1.26$0.91$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.22$0.11$9.10$0.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.15$0.12$9.04$0.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.45$0.12$9.33$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.17$0.10$9.08$0.84