S M W Inc
- Assets
- $246.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Andrews, SC
- Founding
- 10/2001
- Data as of
- 12/2019
- EIN
- 57-1090178
Organization Overview
S M W Inc is located in Andrews, SC. The organization was established in 2001. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. S M W Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2019, S M W Inc generated $23.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $19.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 5 years. 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
2019
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SOCIAL SETTINGS FOR MEMBERS INCLUDING POOL TABLES, JUKEBOX AND BEVERAGE SALESTOTAL MEMBERSHIP 250
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Wilson Chairman | 30 | $0 | |
Daphne Graham Board Member | 30 | $0 | |
Freddie Martin Board Member | 30 | $0 | |
L J Tilton Board Member | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,698 |
| Membership dues | $300 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,838 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $13,101 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,326 |
| Total expenses | $19,427 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $237,168 |
| Other assets | $0 |
| Total assets | $246,440 |
| Total liabilities | $0 |
| Net assets or fund balances | $246,440 |
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Vor Club Corporation Charlotte, NC | $8,365,754 | $7,496,900 |
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Old Chatham Golf Club Durham, NC | $20,568,212 | $7,510,404 |
Oldfield Club Okatie, SC | $11,156,902 | $7,833,609 |
Wildcat Cliffs Country Club Inc Highlands, NC | $17,268,619 | $5,709,162 |
Dynamos Parents Club Inc Atlanta, GA | $4,985,436 | $5,156,871 |
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