Walterboro Tourism Commission
EIN: 270473097 · Walterboro, SC · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $240K |
| Net Assets | $83K |
Is Walterboro Tourism Commission Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Walterboro Tourism Commission
Walterboro Tourism Commission (EIN: 270473097) is a nonprofit organization based in Walterboro, SC, classified under NTEE code S41. The organization reported total revenue of $185K and total assets of $110K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walterboro Tourism Commission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walterboro Tourism Commission is a small nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2011–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $217K |
| Total Expenses | $240K |
| Surplus / Deficit | $-23,488 |
| Total Assets | $83K |
| Net Assets | $83K |
| Operating Margin | -10.8% |
| Months of Reserves | 4.1 months |
Financial Health Grade: B
In 2024, Walterboro Tourism Commission reported a deficit of $23K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -5.1% | +23.0% | -22.1% |
| 2023 | +123.8% | +56.0% | +45.6% |
| 2022 | -11.5% | +32.0% | -24.1% |
| 2021 | -44.8% | -58.9% | +27.1% |
| 2020 | -8.9% | +39.9% | -22.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Walterboro Tourism Commission has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Walterboro Tourism Commission with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
Frequently Asked Questions about Walterboro Tourism Commission
Is Walterboro Tourism Commission a legitimate charity?
Based on AI analysis of IRS 990 filings, Walterboro Tourism Commission (EIN: 270473097) insufficient data. 0 red flags identified, 0 strengths noted.
How does Walterboro Tourism Commission spend its money?
Detailed spending breakdown data is not yet available for Walterboro Tourism Commission. Check back for updated IRS 990 analysis.
Are donations to Walterboro Tourism Commission tax-deductible?
Walterboro Tourism Commission is registered as a tax-exempt nonprofit (EIN: 270473097). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Walterboro Tourism Commission located?
Walterboro Tourism Commission is headquartered in Walterboro, South Carolina and files with the IRS under EIN 270473097. It is classified under NTEE code S41.
How many years of IRS 990 filings does Walterboro Tourism Commission have?
Walterboro Tourism Commission has 14 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 $185K in total revenue.
Filing History
IRS 990 filing history for Walterboro Tourism Commission showing financial trends over 14 years of public records:
In its most recent filing year (2024), Walterboro Tourism Commission reported a deficit of $23K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $217K | $240K | $83K | $0 | — | — |
| 2023 | $229K | $195K | $106K | $0 | — | View 990 |
| 2022 | $102K | $125K | $73K | $0 | — | View 990 |
| 2021 | $115K | $95K | $96K | $0 | — | — |
| 2020 | $209K | $231K | $76K | $0 | — | — |
| 2019 | $229K | $165K | $98K | $0 | — | View 990 |
| 2018 | $195K | $182K | $33K | $0 | — | — |
| 2017 | $186K | $150K | $20K | $0 | — | View 990 |
| 2016 | $169K | $207K | $219 | $16K | — | View 990 |
| 2015 | $151K | $132K | $21K | $0 | — | View 990 |
| 2014 | $140K | $138K | $3K | $0 | — | View 990 |
| 2013 | $131K | $131K | $348 | $0 | — | View 990 |
| 2012 | $92K | $92K | $691 | $0 | — | View 990 |
| 2011 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $217K, expenses of $240K, and assets of $83K (revenue -5.1% year-over-year).
- 2023: Revenue of $229K, expenses of $195K, and assets of $106K (revenue +123.8% year-over-year).
- 2022: Revenue of $102K, expenses of $125K, and assets of $73K (revenue -11.5% year-over-year).
- 2021: Revenue of $115K, expenses of $95K, and assets of $96K (revenue -44.8% year-over-year).
- 2020: Revenue of $209K, expenses of $231K, and assets of $76K (revenue -8.9% year-over-year).
- 2019: Revenue of $229K, expenses of $165K, and assets of $98K (revenue +17.4% year-over-year).
- 2018: Revenue of $195K, expenses of $182K, and assets of $33K (revenue +5.0% year-over-year).
- 2017: Revenue of $186K, expenses of $150K, and assets of $20K (revenue +9.8% year-over-year).
- 2016: Revenue of $169K, expenses of $207K, and assets of $219 (revenue +12.5% year-over-year).
- 2015: Revenue of $151K, expenses of $132K, and assets of $21K (revenue +7.5% year-over-year).
- 2014: Revenue of $140K, expenses of $138K, and assets of $3K (revenue +7.4% year-over-year).
- 2013: Revenue of $131K, expenses of $131K, and assets of $348 (revenue +41.6% year-over-year).
- 2012: Revenue of $92K, expenses of $92K, and assets of $691.
- 2011: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walterboro Tourism Commission:
Data Sources and Methodology
This transparency report for Walterboro Tourism Commission 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.