Palmetto Hope Network

Nonprofit profile at a glance

EIN
843234133
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-N 2023
Location
Andrews, SC, USA
Phone
8433247740
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy

Official website

Reported finances

Revenue
$28,643
Expenses
$140,813
Assets
$233,583
Liabilities
$140,813

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Marlvis Butch Kennedy (Founder CEO)

Highest reported compensation

  • Alicia Rahiem Kennedy (Co-Founder / Advocate / Outreach Coordinator): $41,598 total reported compensation
  • Calvin Brown (Navigational Specialist): $28,228 total reported compensation
  • Karen Green (Book keeper): $3,600 total reported compensation

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

Overview

Mission

Here at Palmetto Hope Network, we know that sometimes all it takes to change the world is a little support. Since our founding, we have been determined to make an impact. The core of our mission is to provide Hope to Communities and Victims of Violent Crimes Through Advocacy and Education By Collaborating with Law Enforcement, The Clergy and Other Stakeholders. Through all of our endeavors we hope to display the conviction behind our beliefs.

What it reported doing in 2025

The Boyz to Men Conference had 2147 in total expenses . The Boyz to Men conference is designed to provide young boys and men with alternatives and solutions to violence. while promoting discussions on healthy relationships and fostering respectful attitudes towards women and girls. "Expressing emotions including anger is an integral aspect of our discussions. we provide young men with the tools necessary to handle their emotions constructively rather than suppressing them. This is crucial for preventing situations where unexpressed emotions manifest into destructive behavior." The Boyz to Men conference seeks to challenge traditional narratives around masculinity and provide a platform for young men and boys to discuss difficult topics. the conference challenges the notion that young men should navigate life challenges alone, learning the hard way. "unlike the sink or swim" approach, our event creates an environment that encourages open dialogues, support and mentorship. "Mentorship is the cornerstone of this conference.

Operating model

Revenue model
Grant-funded. 93% of the money available for current operations came from government grants.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 81
  • Accountability: 55
  • Sustainability: 15
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 14th 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: 50%; rating input score 50; 23rd 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: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -391.6%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 1.66; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.6; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 58.3%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 177.9% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: -150.4% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 13.1% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 4 of 8 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $141K in reported program spending
  • Leadership: top reported pay $42K · 11 people listed
  • Consistency: 17 of 18 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • 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: Independent voting board scored 50/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.