South Carolina Bankers Association
Nonprofit profile at a glance
- EIN
- 570248460
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Columbia, SC, USA
- Phone
- 8037790850
- Rating confidence
- Limited
Reported finances
- Revenue
- $3,377,267
- Expenses
- $3,019,639
- Assets
- $7,778,665
- Liabilities
- $1,775,572
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- FRED L GREEN III (SCBA PRESIDENT & CEO)
Highest reported compensation
- FRED L GREEN III (SCBA PRESIDENT & CEO): $709,063 total reported compensation
- RICHARDS H GREEN (CHIEF OPERATING OFFICER): $253,690 total reported compensation
- ADRIAN RASHLEY JR (SR. VP & COUSEL, LEGISLATI): $185,053 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the sc bankers association shall be: to effectively represent the common interest and welfare of the banking industry in South Carolina; to promote the professional development of its members and their employees; to serve as a reliable and responsible source of information and education about areas of importance to the banking industry; to be the key advocate in helping its member institutions in legislative, educational, and value added services; and to facilitate statewide acquaintance and fellowship among its members.
What it reported doing in 2024
Association expenses (including depreciation and taxes)
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 78
- Accountability: 97
- Sustainability: 56
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 95.2%; rating input score 95; 25th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.6%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 2.58; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 38%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 20 of 21 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $709K · 24 people listed · 2 of 6 pay-setting controls reported
- Consistency: 15 of 15 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.