Civic Intelligence

Palmetto Business Association

990EZ • Fiscal year 2023 • EIN 57-1046059

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 10, 2024

Organization ProfileN/A
PO Box 503Williamston, SC 29697

(864) 617-5390

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

53rd percentile

4.6%

Higher net margin than 53% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

56th percentile

4.6%

Faster asset growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

53rd percentile

6.8%

Faster revenue growth than 53% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$36,048

Up $1,598 (+4.6%) from 2022

Net Assets

Up

$36,048

Up $1,598 (+4.6%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin53rd percentile

Revenue

Up

$34,602

Up $2,199 (+6.8%) from 2022

Expenses

Up

$33,004

Up $10,910 (+49%) from 2022

Net Income

Down

$1,598

Down $8,711 (-84%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$40K$30K$20K$10K$0Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $8,403Liabilities 2018: $0Net Assets 2018: $8,4032018Assets 2019: $24,731Liabilities 2019: $0Net Assets 2019: $24,7312019Assets 2020: $29,370Liabilities 2020: $0Net Assets 2020: $29,3702020Assets 2021: $24,141Net Assets 2021: $25,7912021Assets 2022: $34,450Net Assets 2022: $34,4502022Assets 2023: $36,048Net Assets 2023: $36,0482023Assets 2024: $31,311Net Assets 2024: $31,6932024

Highlighted filing

2023

Assets$36,048
Liabilities-
Net Assets$36,048
Open 2023 Filing

Operations Trend

Revenue Growth53rd percentile

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

$40K$30K$20K$10K$0-$10KRevenue 2017: -$2,866Expenses 2017: -$2,866Net Income 2017: $02017Revenue 2018: $13,853Expenses 2018: $8,420Net Income 2018: $5,4332018Revenue 2019: $10,794Expenses 2019: $13,389Net Income 2019: -$2,5952019Revenue 2020: $8,443Expenses 2020: $3,804Net Income 2020: $4,6392020Revenue 2021: $61Expenses 2021: $3,640Net Income 2021: -$3,5792021Revenue 2022: $32,403Expenses 2022: $22,094Net Income 2022: $10,3092022Revenue 2023: $34,602Expenses 2023: $33,004Net Income 2023: $1,5982023Revenue 2024: $28,285Expenses 2024: $32,640Net Income 2024: -$4,3552024

Highlighted filing

2023

Revenue$34,602
Expenses$33,004
Net Income$1,598
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 10, 2024
Return Version
2023v5.0
Gross Receipts
$34,602
Mission and Program Overview

Mission

COMMUNITY IMPROVEMENTS

Community improvements while creating awareness for the local businesses and services in our small yet fast growing town.

Program Services

DescriptionGrantsExpenses
WE HELD A GOLF TOURNAMENT AT THE LOCAL GOLF COURSE. IT DREW A GREAT CROWD AS MEMBERS OF THE COMMUNITY CAME OUT TO SUPPOURT OUR EFFORTS BY FORMING TEAMS AND COMPETING FOR PRIZES. THE MERCHANTS SPONSORED THE HOLES ON THE GREEN. THERE WAS PARTICIPATION BY THE MAJORITY OF BUSINESSES IN TOWN AS THEY CREATED AWARENESS FOR THEIR BUSINESSES AND SERVICES.$26,702$7,672
SPONSORSSHIPS FOR THE LOCAL HIGHSCHOOL ATHLETIC CLUB, THE NEIGHBORHOOD THEATER, AND OTHER MISC SPONSORSHIPS/SCHOLARSHIPS-$6,300
COMMUNITY IMPROVEMENTS - PROVIDED COMPLIMENTARY HORSE AND CARRIAGE RIDES TO CITIZENS DURING THE CHRISTMAS SEASON THRU THE CHRISTMAS PARK. THIS EVENT WAS SUCH A SUCCESS IN 2021, THAT THE NUMBER OF WEEKENDS THAT OUR ORGANIZATION PROVIDED THESE RIDES FREE OF CHARGE TO THE COMMUNITY WER DOUBLED FOR 2022 & 2023.-$3,000
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CAROLANN NEWTONPresidentPT$0--
MELANIE DUGANVice PresidentPT$0--
LAUREN MARVINSecretaryPT$0--
AMANDA EVANSTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Palmetto Business Association
EIN
57-1046059
Phone
8646175390
Address
PO BOX 503, WILLIAMSTON, SC 29697

Signing Officer

Name
Carolann Newton
Title
President
Phone
8646175390
Signed
2024-03-10
Discuss with paid preparer
No

Preparer

Firm
H and R Block
Address
14 GREENVILLE DR, WILLIAMSTON, SC 29697
Preparer
Bonnie Meeks
Phone
8648477811
Supplemental Narrative

Additional Explanations

Part I, Line 16 - Other Expenses

“Events and business recognitions throughout the year - $16821; operational expensesincluding insurance - $3619; monthly membership meetings - $2272; sponsorships/scholarships - $6300; signs and ads featuring business members - $3405; bank & credit card fees - $587”

Raw XML Appendix146 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3AMANDA EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt033004
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0COMMUNITY IMPROVEMENTS WHILE CREATING AWARENESS FOR THE LOCAL BUSINESSES AND SERVICES IN OUR SMALL YET FAST GROWING TOWN.
IRS990EZ/ProgramServiceRevenueAmt026702
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1WE HELD A GOLF TOURNAMENT AT THE LOCAL GOLF COURSE. IT DREW A GREAT CROWD AS MEMBERS OF THE COMMUNITY CAME OUT TO SUPPOURT OUR EFFORTS BY FORMING TEAMS AND COMPETING FOR PRIZES. THE MERCHANTS SPONSORED THE HOLES ON THE GREEN. THERE WAS PARTICIPATION BY THE MAJORITY OF BUSINESSES IN TOWN AS THEY CREATED AWARENESS FOR THEIR BUSINESSES AND SERVICES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SPONSORSSHIPS FOR THE LOCAL HIGHSCHOOL ATHLETIC CLUB, THE NEIGHBORHOOD THEATER, AND OTHER MISC SPONSORSHIPS/SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt026702
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt17672
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt26300
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt033004
IRS990EZ/TotalProgramServiceExpensesAmt016972
IRS990EZ/TotalRevenueAmt034602
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt034205
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt032341
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07950
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06750
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0397
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt065
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IRS990ScheduleA/InvestmentIncomeCYPct00.01270
IRS990ScheduleA/InvestmentIncomePYPct00.01320
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98730
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EVENTS AND BUSINESS RECOGNITIONS THROUGHOUT THE YEAR - $16821; OPERATIONAL EXPENSESINCLUDING INSURANCE - $3619; MONTHLY MEMBERSHIP MEETINGS - $2272; SPONSORSHIPS/SCHOLARSHIPS - $6300; SIGNS AND ADS FEATURING BUSINESS MEMBERS - $3405; BANK & CREDIT CARD FEES - $587
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 16 - OTHER EXPENSES
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROLANN NEWTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08646175390
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMETTO BUSINESS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0571046059
ReturnHeader/Filer/PhoneNum08646175390
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 503
ReturnHeader/Filer/USAddress/CityNm0WILLIAMSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029697
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570659566
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0H AND R BLOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 GREENVILLE DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLIAMSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029697
ReturnHeader/PreparerPersonGrp/PhoneNum08648477811
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Bonnie Meeks
ReturnHeader/ReturnTs02024-03-18T18:50:54Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CAROLANN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NEWTON
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,048
Liabilities
-
Net assets
$36,048
Revenue
$34,602
Expenses
$33,004
Net income
$1,598
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$31.3$31.7$28.3$32.6$4.36
2023Detailed filing. Detailed filing data is available for this year.$36.0$36.0$34.6$33.0$1.60
2022Detailed filing. Detailed filing data is available for this year.$34.5$34.5$32.4$22.1$10.3
2021Detailed filing. Detailed filing data is available for this year.$24.1$25.8$0.06$3.64$3.58
2020Detailed filing. Detailed filing data is available for this year.$29.4$0.00$29.4$8.44$3.80$4.64
2019Summary only. Only limited summary data is available for this year.$24.7$0.00$24.7$10.8$13.4$2.60
2018Detailed filing. Detailed filing data is available for this year.$8.40$0.00$8.40$13.9$8.42$5.43
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.87$2.87$0.00