Huguenot Society of South Carolina

Nonprofit profile at a glance

EIN
570185430
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Charleston, SC, USA
Phone
8437233235
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Protestant

Official website

Reported finances

Revenue
$589,528
Expenses
$423,979
Assets
$3,359,443
Liabilities
$1,875

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Elizabeth Gay (Executive Director)
  • Margaret W Garrett (President)
  • Felicia Chisolm Morrison Huger (Vice President)
  • Catherine LaRue Hyman (Vice President)
  • Daniel Ravenel Jr (Vice President)
  • Mary Elizabeth Simpson Hanahan (Vice President)

Highest reported compensation

  • Elizabeth Gay (Executive Director): $69,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Perpetuate the memory and to foster and promote the principles and virtues of the Huguenots. To publicly commemorate at stated times the principal events in the history of the Huguenots. To discover, collect and preserve all existing documents, monuments, etc. related to the geneology or history of the Huguenots of America.

What it reported doing in 2025

To perpetuate the memory and to foster and promote the principles and virtues of the Huguenots. To publicly commemorate at stated times the principal events in the history of the Huguenots. To discover, collect, and preserve all existing documents, monuments, etc. related to the genealogy or history of the Huguenots of America. The Society has 1,565 members.

Operating model

Revenue model
Investment-supported. 60% of the money available for current operations came from recurring investment income.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 82
  • Accountability: 84
  • Sustainability: 75
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.1%; rating input score 86
  • Program expense ratio: 91%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 10th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 28.1%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 7.92; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 16.3%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 10.6% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 4.8% per year; rating input score 100; 36th percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 86.1% of revenue deployed · 91% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $386K in reported program spending
  • Leadership: top reported pay $69K · 13 people listed
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 22/100.