Partnership Grand Strand
- Assets
- $2.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Myrtle Beach, SC
- Founding
- Data as of
- 06/2023
- EIN
- 87-3063949
Organization Overview
Partnership Grand Strand is located in Myrtle Beach, SC. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership Grand Strand 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 06/2023, Partnership Grand Strand generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (24.4%) each year. All expenses for the organization totaled $642.3k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO REDUCE THE BURDENS OF THE CITIES, TOWNS, AND HORRY COUNTY GOVERNMENTS ON THE GRAND STRAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARTNERSHIP GRAND STRAND AIMS TO FOCUS UPON SCALING UP TRANSPORTATION INFRASTRUCTURE, SUPPORTING THE REVITALIZATION OF MYRTLE BEACH'S DOWNTOWN AND OCEANFRONT AREAS, ATTRACTING, DEVELOPING, AND RETAINING LOCAL EMPLOYEES, GROWING SMALL BUSINESS OPPORTUNITIES, AND DIVERSIFYING THE REGION'S ECONOMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clay Brittain Co-Chairman | Trustee | 0 | $0 |
Angie Goeppinger Director | Trustee | 0 | $0 |
Michael Benson Co-Chairman | Trustee | 0 | $0 |
Laura Crowther Director | Trustee | 0 | $0 |
Buz Plyler Director | Trustee | 0 | $0 |
Steve Chapman Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,235,205 |
| Noncash contributions included in lines 1a–1f | $355,492 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,235,205 |
| Total Program Service Revenue | $0 |
| Investment income | $3,716 |
| 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 | $1,238,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $122,477 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,349 |
| All other expenses | $8,341 |
| Total functional expenses | $642,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $515,532 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,895,081 |
| 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 | $1,795 |
| 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 | $2,412,408 |
| Accounts payable and accrued expenses | $7,462 |
| 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 | $7,462 |
| Net assets without donor restrictions | $2,404,946 |
| 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 | $2,412,408 |