Ocean Drive Shag Club Foundation
- Assets
- $1.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Myrtle Beach, SC
- Founding
- 01/2017
- Data as of
- 12/2023
- EIN
- 81-3290864
Organization Overview
Ocean Drive Shag Club Foundation is located in North Myrtle Beach, SC. The organization was established in 2017. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean Drive Shag Club Foundation 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 12/2023, Ocean Drive Shag Club Foundation generated $17.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.2% each year . All expenses for the organization totaled $17.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PRESERVE THE HERITAGE OF SHAG DANCING IN THE CAROLINAS BY EDUCATING YOUTH, PROVIDING SCHOLARSHIPS AND SUPPORTING THE LOCAL COMMUNTIY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Powell Officer | 0 | $0 | |
Wendy Shultz Officer | 0 | $0 | |
Karen Young Officer | 0 | $0 | |
Bob Sanders Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,434 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,569 |
| Other Revenue | $0 |
| Total Revenue | $17,003 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $595 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,038 |
| Total expenses | $17,633 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,703 |
| Other assets | $0 |
| Total assets | $1,703 |
| Total liabilities | $8 |
| Net assets or fund balances | $1,695 |