Overview
What is Palmetto Project Inc?
Palmetto Project Inc, situated in North Charleston, South Carolina, is a dedicated nonprofit organization that has been advocating for an inclusive and effective healthcare system for South Carolinians for the past two decades. Regardless of financial status, race, or residency, they strive to ensure equal access to healthcare. Their programs, such as Insure SC, Children's Health SC, Heart & Soul, Carolina Hearing Aid Bank, and MyVax SC, aim to bridge gaps and provide essential healthcare services. Palmetto Project Inc also identifies innovative strategies to overcome societal and economic challenges in South Carolina and puts them into action, having spearheaded over 240 projects since its inception. Their primary focus areas include accessible healthcare, community relations and development, youth, families, and schools, and civic participation.
Official website here: www.palmettoproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star Rating
Palmetto Project Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a perfect score in accountability and finance, the organization demonstrates transparency and effective management of resources, which are critical indicators of its operational integrity.
The nonprofit boasts a fully independent board comprised of 17 members, ensuring unbiased governance. It has established robust policies including a conflict of interest policy, a whistleblower policy, and effective oversight of financial statements. Additionally, the organization's program expense ratio of 90.19% indicates that a significant majority of its expenditures directly support its mission-related activities.
Despite these strengths, the financial health metrics reveal a working capital ratio of 0.63 years, which may suggest potential liquidity concerns. However, with a low fundraising efficiency ratio of $0.02, Palmetto Project Inc demonstrates remarkable cost-effectiveness in raising funds, enabling it to maximize the investment in its programs. Overall, the organization stands out as a well-managed nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Palmetto Project Inc?
100% of 9 reviewers on Facebook recommend Palmetto Project Inc. Here is a summary of their reviews:
The organization is praised for its friendly and helpful staff who go the extra mile to assist individuals facing various challenges. Many reviewers highlight the supportive environment provided by the nonprofit, emphasizing their dedication to catering to different needs within the community.
Overall, the positive sentiment surrounding Palmetto Project Inc indicates that it successfully delivers valuable support and services to those who reach out for help. It’s clear that this nonprofit is making a meaningful impact in the lives of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Palmetto Project Inc legitimate?
Palmetto Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palmetto Project Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $143,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $624,814
For more financial information, click here
Official website here: www.palmettoproject.org
What is the mission statement of Palmetto Project Inc?
The Palmetto Project Inc's mission is to identify innovative strategies to address the social and economic challenges in their state and put them into action. Over the past two decades, they have been instrumental in initiating over 240 such projects. Their mission encompasses four key areas: accessible healthcare, community relations and development, youth, families, and schools, and civic participation. In the realm of healthcare, they have served as a leading advocate for a more effective healthcare system for South Carolinians, regardless of their financial status, race, or residence. Their initiatives include programs like Insure SC, Children's Health SC, Heart & Soul, Carolina Hearing Aid Bank, and MyVax SC. Further details about these programs can be found on their website or schedule O.
Official website here: www.palmettoproject.org
Who is the CEO of Palmetto Project Inc?
Brady Quirk-Garvan is the Chair of Palmetto Project Inc.
Official website here: www.palmettoproject.org
What is the revenue of Palmetto Project Inc?
Palmetto Project Inc's revenue in 2022 was $2,265,031.
Official website here: www.palmettoproject.org
Who are the executives of Palmetto Project Inc and what are their salaries?
The average compensation at Palmetto Project Inc during 2022 was $42,661. There are 18 employees and 904 volunteers at Palmetto Project Inc.
Here are 19 key members and their salaries:
- Compensation: $36,000
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- Other: $827
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Official website here: www.palmettoproject.org
Where can I find the form 990 for Palmetto Project Inc?
Palmetto Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.palmettoproject.org
Learn more at the official website: www.palmettoproject.org
Mission Statement of Palmetto Project Inc
Palmetto Project Inc is committed to identifying innovative strategies to address the social and economic challenges facing its state. Since its inception, the organization has spearheaded over 240 such projects. Its mission is centered around seeking creative solutions for the problems faced by South Carolina's citizens. Key focus areas include accessible healthcare, community relations and development, youth, families, and schools, and civic participation.
In the realm of healthcare, Palmetto Project Inc has been a prominent advocate for a more effective healthcare system for South Carolinians, regardless of their financial circumstances, race, or residency. The organization has initiated various programs to achieve this goal, such as Insure SC, Children's Health SC, Heart & Soul, the Carolina Hearing Aid Bank, and MyVax SC. More detailed information about these programs can be found on Schedule O and PalmettoProject.org/Health/. Palmetto Project Inc's healthcare initiatives aim to improve the overall health and well-being of South Carolina's citizens.
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Impact
July, 2024
Palmetto Project Inc has made a significant impact by initiating over 240 innovative projects focused on addressing the social and economic challenges facing South Carolina. They are a leading advocate in advocating for a more effective healthcare system in the state, ensuring access to healthcare for all South Carolinians regardless of their financial circumstances, race, or residency.
Their programs such as Insure SC, Children's Health SC, Heart & Soul, the Carolina Hearing Aid Bank, and MyVax SC have been instrumental in improving the well-being of the community. Palmetto Project Inc's dedication to seeking creative solutions for the issues faced by the citizens of South Carolina has positively impacted areas such as accessible healthcare, community relations and development, youth, families and schools, and civic participation. This organization's commitment to community improvement is making a tangible difference in the lives of many South Carolinians.
This information is meant to be a general summary of Palmetto Project Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,173
- Program Service Revenue: $877,448
- Gross Receipts: $2,265,031
Assets and Liabilities:
- Total Assets: $1,540,825
- Total Liabilities: $511,422
- Net Assets: $1,029,403
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURE SC COMMISSIONS
Revenue
$877,448
Organization Details
Founding Year
1985
Phone
(843) 577-4122Principal Officer
Brady Quirk-Garvan
Main Address
6296 RIVERS AVENUE STE 100, NORTH CHARLESTON, SC, 29406
Website
www.palmettoproject.orgNTEE Category
Code: S80 - Community improvement
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