South Carolina Equine Promotion Foundation Inc

Organization Overview

South Carolina Equine Promotion Foundation Inc is located in Camden, SC. The organization was established in 2009. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, South Carolina Equine Promotion Foundation Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Equine Promotion Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, South Carolina Equine Promotion Foundation Inc generated $318.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $405.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE EQUINE INDUSTRY BY PROVIDING VOLUNTEER MANAGEMENT AND MARKETING EXPERTISE WITH HOPES OF DRAWING TOURISM REVENUE TO BOTH KERSHAW COUNTY AND SOUTH CAROLINA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

2021 ACCOMPLISHMENTS: 1. SECURED FUNDS FROM LOCAL GOVERNMENT ENTITIES AND VOLUNTEER TIME TO IMPROVE AND PROMOTE THE FACILITY FOR EQUESTRIAN EVENTS. 2. SECURED IN EXCESS OF 33 SCHEDULED EQUESTRIAN EVENTS DURING THE YEAR. 3. IMPROVED THE MARKETING STRAGEGY TO ALLOW FOR ADDITIONAL EQUESTRIAN EVENTS FOR BOTH IN-STATE AND OUT OF STATE EXHIBITORS. 4. SECURED CONTINUED SUPPORT FROM BOTH COUNTY AND CITY GOVERNMENT TO SUPPORT THE EFFORTS OF THE ORGANIZATION.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $12,500
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,500
Total Program Service Revenue$306,138
Investment income $5
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $318,643

Grants Recieved

Over the last fiscal year, we have identified 2 grants that South Carolina Equine Promotion Foundation Inc has recieved totaling $32,010.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$32,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$10
View Grant Recipient Profile

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