Georgetown Golf Vacations Inc

Georgetown Golf Vacations Inc consistently operates on tight margins with no reported officer compensation.

EIN: 205731946 · N Myrtle Bch, SC · NTEE: S41 · Updated: 2026-03-28

$187KRevenue

$36KAssets

75/100Mission Score (Good)

S41

About Georgetown Golf Vacations Inc

Georgetown Golf Vacations Inc (EIN: 205731946) is a nonprofit organization based in N Myrtle Bch, SC, classified under NTEE code S41. The organization reported total revenue of $187K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgetown Golf Vacations Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Georgetown Golf Vacations Inc, operating as a social welfare organization (NTEE S41), demonstrates consistent revenue generation, typically around $180,000 annually, with the latest reported revenue at $186,709. The organization's financial health appears stable, though it often operates with expenses closely matching or slightly exceeding revenue, as seen in 2023 ($188,525 revenue vs. $190,181 expenses) and 2022 ($183,261 revenue vs. $196,747 expenses). This indicates a tight operational margin, but not a significant deficit trend over time. Assets have fluctuated, reaching a high of $78,332 in 2022 and currently standing at $36,485, suggesting a modest but not substantial reserve.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings is a strong indicator of efficient use of funds, as it suggests a volunteer-led or very lean executive structure. This practice significantly reduces overhead that can often consume a large portion of a nonprofit's budget. The lack of detailed expense categories in the provided data limits a deeper analysis of specific spending efficiencies.

In terms of transparency, the organization consistently files its IRS Form 990s, with 12 filings available, demonstrating a commitment to regulatory compliance. The consistent reporting of 0% officer compensation is a transparent disclosure of executive pay practices. However, without access to the full 990 forms, which would detail functional expenses, it's challenging to fully evaluate the transparency of their spending breakdown. The provided data is sufficient for basic financial health assessment but lacks the granularity for a comprehensive spending efficiency and transparency review beyond executive compensation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Georgetown Golf Vacations Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Georgetown Golf Vacations Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all 12 filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for a nonprofit of this size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Georgetown Golf Vacations Inc's IRS 990 filings:

Operating on very tight margins, with expenses often exceeding revenue (e.g., 2023: $1,656 deficit; 2022: $13,486 deficit), which could limit growth or ability to absorb unexpected costs.
Lack of detailed functional expense breakdown in provided summary data makes it difficult to fully assess program efficiency.

Strengths

The following positive indicators were identified for Georgetown Golf Vacations Inc:

Consistent revenue generation over many years, demonstrating a stable operational model.
Zero reported officer compensation across all filings, indicating highly efficient use of funds and a strong commitment to mission over executive pay.
Consistent IRS 990 filing history, demonstrating good regulatory compliance and transparency.
Modest liabilities relative to assets in most recent filings (e.g., 2023: $10,699 liabilities vs. $45,900 assets).

Frequently Asked Questions about Georgetown Golf Vacations Inc

Is Georgetown Golf Vacations Inc financially stable?

Yes, the organization appears financially stable, consistently generating around $180,000 in revenue annually and managing expenses to generally break even or incur small deficits, without accumulating significant debt. Assets are modest but consistent.

How does Georgetown Golf Vacations Inc manage executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting a volunteer-led model or that no officers receive salaries, which is a highly efficient practice.

What is the trend in the organization's assets?

Assets have fluctuated over time, from a low of $235 in 2015 to a high of $78,332 in 2022, currently standing at $36,485. This indicates some variability but generally a modest asset base.

Filing History

IRS 990 filing history for Georgetown Golf Vacations Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Georgetown Golf Vacations Inc's revenue has grown by 7.8%, moving from $175K to $189K. Total assets increased by 473.5% over the same period, from $8K to $46K. Total functional expenses rose by 7%, from $178K to $190K. In its most recent filing year (2023), Georgetown Golf Vacations Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $11K in liabilities against $46K in assets (debt-to-asset ratio: 23.3%), resulting in net assets of $35K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$189K	$190K	$46K	$11K	—	View 990
2022	$183K	$197K	$78K	$41K	—	View 990
2021	$188K	$168K	$68K	$18K	—	View 990
2020	$146K	$148K	$66K	$36K	—	View 990
2019	$184K	$192K	$24K	$0	—	View 990
2018	$151K	$141K	$36K	$4K	—	View 990
2017	$190K	$182K	$43K	$21K	—	View 990
2016	$180K	$163K	$34K	$20K	—	View 990
2015	$181K	$163K	$235	$3K	—	View 990
2014	$192K	$223K	$2K	$23K	—	View 990
2013	$190K	$187K	$10K	$0	—	View 990
2012	$175K	$178K	$8K	$1K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $189K, expenses of $190K, and assets of $46K (revenue +2.9% year-over-year).
2022: Revenue of $183K, expenses of $197K, and assets of $78K (revenue -2.7% year-over-year).
2021: Revenue of $188K, expenses of $168K, and assets of $68K (revenue +29.0% year-over-year).
2020: Revenue of $146K, expenses of $148K, and assets of $66K (revenue -20.4% year-over-year).
2019: Revenue of $184K, expenses of $192K, and assets of $24K (revenue +21.2% year-over-year).
2018: Revenue of $151K, expenses of $141K, and assets of $36K (revenue -20.2% year-over-year).
2017: Revenue of $190K, expenses of $182K, and assets of $43K (revenue +5.5% year-over-year).
2016: Revenue of $180K, expenses of $163K, and assets of $34K (revenue -0.8% year-over-year).
2015: Revenue of $181K, expenses of $163K, and assets of $235 (revenue -5.6% year-over-year).
2014: Revenue of $192K, expenses of $223K, and assets of $2K (revenue +1.1% year-over-year).
2013: Revenue of $190K, expenses of $187K, and assets of $10K (revenue +8.6% year-over-year).
2012: Revenue of $175K, expenses of $178K, and assets of $8K.

Data Sources and Methodology

This transparency report for Georgetown Golf Vacations Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.