Hilton Head Island Concours D Elegance Inc
Hilton Head Island Concours D Elegance Inc. maintains consistent revenue with no executive compensation, but liabilities are rising.
EIN: 20547759 · Hilton Head, SC · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $57K |
| Transparency Score | 85/100 |
Is Hilton Head Island Concours D Elegance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hilton Head Island Concours D Elegance Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hilton Head Island Concours D Elegance Inc
Hilton Head Island Concours D Elegance Inc (EIN: 20547759) is a nonprofit organization based in Hilton Head, SC, classified under NTEE code A80. The organization reported total revenue of $1.3M and total assets of $163K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hilton Head Island Concours D Elegance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hilton Head Island Concours D Elegance Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-12,906 |
| Total Assets | $298K |
| Total Liabilities | $241K |
| Net Assets | $57K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 80.9% |
| Months of Reserves | 2.4 months |
Financial Health Grade: D
In 2023, Hilton Head Island Concours D Elegance Inc reported a deficit of $13K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 80.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hilton Head Island Concours D Elegance Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.0% | -2.4% | +30.6% |
| 2022 | -2.9% | +12.5% | -40.9% |
| 2021 | +293.7% | +260.5% | +20.3% |
| 2020 | -73.4% | -71.4% | +46.7% |
| 2019 | +11.3% | +1.0% | +27.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hilton Head Island Concours D Elegance Inc with a Mission Score of 85 out of 100 (Excellent). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Hilton Head Island Concours D Elegance Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 80.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with over $1 million in annual revenue.
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 Hilton Head Island Concours D Elegance Inc's IRS 990 filings:
- Increasing liabilities trend: Liabilities have grown from $30,927 in 2019 to $241,037 in 2023, which could indicate potential financial strain if not managed effectively.
Strengths
The following positive indicators were identified for Hilton Head Island Concours D Elegance Inc:
- Consistent revenue generation: The organization consistently generates over $1 million in revenue, demonstrating strong fundraising capabilities.
- Zero executive compensation: No officer compensation is reported across all filings, indicating a highly efficient and volunteer-driven executive structure.
- Resilience post-pandemic: The organization quickly recovered its revenue levels after the significant drop in 2020, showing strong adaptability.
- Consistent IRS 990 filings: A history of 13 filings demonstrates good transparency and adherence to reporting requirements.
Frequently Asked Questions about Hilton Head Island Concours D Elegance Inc
Is Hilton Head Island Concours D Elegance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hilton Head Island Concours D Elegance Inc (EIN: 20547759) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Hilton Head Island Concours D Elegance Inc spend its money?
Hilton Head Island Concours D Elegance Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hilton Head Island Concours D Elegance Inc tax-deductible?
Hilton Head Island Concours D Elegance Inc is registered as a tax-exempt nonprofit (EIN: 20547759). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hilton Head Island Concours D Elegance Inc CEO make?
Hilton Head Island Concours D Elegance Inc's highest-compensated officer earns $1 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hilton Head Island Concours D Elegance Inc's spending goes to programs?
Hilton Head Island Concours D Elegance Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hilton Head Island Concours D Elegance Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hilton Head Island Concours D Elegance Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hilton Head Island Concours D Elegance Inc located?
Hilton Head Island Concours D Elegance Inc is headquartered in Hilton Head, South Carolina and files with the IRS under EIN 20547759. It is classified under NTEE code A80.
How many years of IRS 990 filings does Hilton Head Island Concours D Elegance Inc have?
Hilton Head Island Concours D Elegance Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
Is Hilton Head Island Concours D Elegance Inc. a good charity?
Based on the available data, the organization appears to be a good charity. It consistently generates over $1 million in revenue (excluding 2020), maintains a strong asset base, and notably reports 0% officer compensation, indicating efficient use of funds at the executive level.
How has the organization's financial health changed over time?
The organization has shown consistent revenue generation, recovering strongly from a dip in 2020. Assets have fluctuated but remain substantial, while liabilities have seen a notable increase in recent years, from $30,927 in 2019 to $241,037 in 2023.
What is the trend in the organization's liabilities?
Liabilities have shown an upward trend in recent years, increasing from $30,927 in 2019 to $241,037 in 2023. This is a significant increase that warrants further investigation into its causes and management.
Filing History
IRS 990 filing history for Hilton Head Island Concours D Elegance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hilton Head Island Concours D Elegance Inc's revenue has grown by 116.7%, moving from $669K to $1.5M. Total assets increased by 69.4% over the same period, from $176K to $298K. Total functional expenses rose by 128.4%, from $641K to $1.5M. In its most recent filing year (2023), Hilton Head Island Concours D Elegance Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $241K in liabilities against $298K in assets (debt-to-asset ratio: 80.9%), resulting in net assets of $57K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $298K | $241K | — | View 990 |
| 2022 | $1.3M | $1.5M | $228K | $165K | — | View 990 |
| 2021 | $1.4M | $1.3M | $386K | $166K | — | View 990 |
| 2020 | $351K | $370K | $321K | $152K | — | View 990 |
| 2019 | $1.3M | $1.3M | $219K | $31K | — | View 990 |
| 2018 | $1.2M | $1.3M | $171K | $13K | — | View 990 |
| 2017 | $1.3M | $1.2M | $253K | $6K | — | View 990 |
| 2016 | $1.2M | $1.2M | $254K | $23K | — | View 990 |
| 2015 | $1.2M | $1.2M | $310K | $21K | — | — |
| 2014 | $1.0M | $963K | $273K | $9K | — | View 990 |
| 2013 | $908K | $891K | $225K | $23K | — | View 990 |
| 2012 | $772K | $751K | $217K | $32K | — | View 990 |
| 2011 | $669K | $641K | $176K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $298K (revenue +8.0% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.5M, and assets of $228K (revenue -2.9% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $386K (revenue +293.7% year-over-year).
- 2020: Revenue of $351K, expenses of $370K, and assets of $321K (revenue -73.4% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $219K (revenue +11.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $171K (revenue -5.4% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $253K (revenue +8.9% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $254K (revenue -2.8% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $310K (revenue +15.9% year-over-year).
- 2014: Revenue of $1.0M, expenses of $963K, and assets of $273K (revenue +12.8% year-over-year).
- 2013: Revenue of $908K, expenses of $891K, and assets of $225K (revenue +17.6% year-over-year).
- 2012: Revenue of $772K, expenses of $751K, and assets of $217K (revenue +15.4% year-over-year).
- 2011: Revenue of $669K, expenses of $641K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hilton Head Island Concours D Elegance Inc:
Data Sources and Methodology
This transparency report for Hilton Head Island Concours D Elegance 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.