World Affairs Council Of Hilton Head
- Assets
- $148.6k
- Revenue
- $247.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Hilton Head Island, SC
- Founding
- 05/2006
- Data as of
- 06/2024
- EIN
- 57-0942426
Organization Overview
World Affairs Council Of Hilton Head is located in Hilton Head Island, SC. The organization was established in 2006. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2024, World Affairs Council Of Hilton Head employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Affairs Council Of Hilton Head 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 06/2024, World Affairs Council Of Hilton Head generated $247.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $245.0k during the year ending 06/2024. While expenses have increased by 11.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
WACHH'S MISSION IS TO EDUCATE, ENGAGE, AND INSPIRE OUR COMMUNITY REGARDING WORLD AFFAIRS. THE MAJOR ACTIVITY IS TO FULFILL ITS MISSION TO BRING RENOWNED SPEAKERS TO ITS MEMBERS AND THEIR GUESTS FOR TOPICAL PRESENTATIONS FOLLOWED BY QUESTION AND ANSWER SESSIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPEAKER SERIES PRESENTATIONS; WACHH PRESENTED 14 SPEAKERS FROM OCTOBER THROUGH MAY TO ITS 740 MEMBERS VIA LIVE PRESENTATIONS, VIDEO STREAMING, AND ARCHIVED VIDEOS.
TOTAL PROGRAM SERVICE REVENUE 48,341.
COMMUNITY OUTREACH: WACHH CONDUCTS ACADEMIC WORLDQUEST COMPETITION FOR LOCAL HIGH SCHOOL STUDENTS, WITH THE WINNING TEAM ATTENDING THE NATIONAL COMPETITION IN WASHINGTON DC, WITH EXPENSES PAID BY WACHH. WACHH ALSO SUPPORTS HIGH SCHOOL STUDENTS ATTENDING THE STATE MODEL UN CONFERENCES BY GRANTING LOCAL HIGH SCHOOLS A STIPEND FOR EACH STUDENT ATTENDING THE CONFERENCE.
WACHH HOSTS DISCUSSION SESSIONS THROUGH A BOOK CLUB TO DISCUSS BOOKS AUTHORED BY SPEAKERS OR OTHERS ON TOPICS INVOLVING FOREIGN AFFAIRS. WACHH FACILITIES DISCUSSIONS INVOLVING WORLD AFFAIRS COUNCIL OF AMERICA'S ANNUAL GREAT DECISION MANUAL. DISCUSSIONS ARE LED BY VOLUNTEERS AND ATTENDEES PAY FOR THEIR BOOKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Borghesi Treasurer | OfficerTrustee | 2 | $0 |
Peter Cooper At Large | OfficerTrustee | 1 | $0 |
Lynn Cordy Membership | OfficerTrustee | 1 | $0 |
John Gilbert Program | OfficerTrustee | 1 | $0 |
Clair Goddard Discussion G | OfficerTrustee | 1 | $0 |
Ben Kinnas At Large | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $108,110 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,319 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,429 |
| Total Program Service Revenue | $48,341 |
| Investment income | $3,213 |
| 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 | $247,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,120 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $2,978 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $68,004 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,208 |
| Fees for services: Management | $6,157 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,778 |
| Advertising and promotion | $7,769 |
| Office expenses | $12,954 |
| Information technology | $5,462 |
| Royalties | $0 |
| Occupancy | $32,454 |
| Travel | $42,741 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,627 |
| Interest | $0 |
| Payments to affiliates | $1,850 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,385 |
| All other expenses | $6,527 |
| Total functional expenses | $245,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $543 |
| Savings and temporary cash investments | $148,011 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $148,554 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $148,554 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $148,554 |