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 12/2022, Ocean Drive Shag Club Foundation generated $21.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.6% each year . All expenses for the organization totaled $21.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PRESERVE THE HERITAGE OF SHAG DANCING IN THE CAROLINA'S BY EDUCATING YOUTH, PROVIDING SCHOLARSHIPS, AND SUPPORTING THE LOCAL COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Monica Powell Officer | 0 | $0 | |
Wendy Shultz Officer | 0 | $0 | |
Karen Young Secretary | 0 | $0 | |
Bob Sanders Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,372 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $11,283 |
Other Revenue | $0 |
Total Revenue | $21,655 |
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 | $600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $21,040 |
Total expenses | $21,640 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,341 |
Other assets | $0 |
Total assets | $2,341 |
Total liabilities | $8 |
Net assets or fund balances | $2,333 |
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