Civic Intelligence

Walterboro Tourism Commission

EIN 27-0473097 • 501(c)6 • Walterboro, SC

Profile

To promote tourism in the city of walterboro by development and production of print media, billboards, internet advertising or any other means to promote tourism activities to atttract tourist from outside the walterboro- colleton county area in order to enhance the opportunity for local businesses.

242 Hampton StreetWalterboro, SC 29488
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

75th percentile

15%

Higher net margin than 75% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2025

Asset Growth

87th percentile

34%

Faster asset growth than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

30th percentile

-15%

Faster revenue growth than 30% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$110,331

Up $37,443 (+51%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$110,331

Up $37,443 (+51%) from 2022

Revenue

Up

$184,968

Up $82,871 (+81%) from 2022

Expenses

Up

$157,250

Up $32,036 (+26%) from 2022

Net Income

Up

$27,718

Up $50,835 (+220%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2014: $2,563Liabilities 2014: $0Net Assets 2014: $2,5632014Assets 2015: $21,307Liabilities 2015: $0Net Assets 2015: $21,3072015Assets 2016: $219Liabilities 2016: $16,000Net Assets 2016: -$15,7812016Assets 2017: $19,857Liabilities 2017: $0Net Assets 2017: $19,8572017Assets 2018: $33,471Liabilities 2018: $0Net Assets 2018: $33,4712018Assets 2019: $97,676Liabilities 2019: $0Net Assets 2019: $97,6762019Assets 2020: $75,525Liabilities 2020: $0Net Assets 2020: $75,5252020Assets 2021: $96,005Liabilities 2021: $0Net Assets 2021: $96,0052021Assets 2022: $72,888Liabilities 2022: $0Net Assets 2022: $72,8882022Assets 2025: $110,331Liabilities 2025: $0Net Assets 2025: $110,3312025

Highlighted filing

2025

Assets$110,331
Liabilities$0
Net Assets$110,331

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $140,193Expenses 2014: $137,978Net Income 2014: $2,2152014Revenue 2015: $150,663Expenses 2015: $131,919Net Income 2015: $18,7442015Revenue 2016: $169,459Expenses 2016: $206,547Net Income 2016: -$37,0882016Revenue 2017: $186,112Expenses 2017: $150,474Net Income 2017: $35,6382017Revenue 2018: $195,414Expenses 2018: $181,800Net Income 2018: $13,6142018Revenue 2019: $229,331Expenses 2019: $165,126Net Income 2019: $64,2052019Revenue 2020: $208,827Expenses 2020: $230,976Net Income 2020: -$22,1492020Revenue 2021: $115,325Expenses 2021: $94,845Net Income 2021: $20,4802021Revenue 2022: $102,097Expenses 2022: $125,214Net Income 2022: -$23,1172022Revenue 2025: $184,968Expenses 2025: $157,250Net Income 2025: $27,7182025

Highlighted filing

2025

Revenue$184,968
Expenses$157,250
Net Income$27,718

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 3, 2025
Return Version
2024v5.0
Gross Receipts
$184,968
Mission and Program Overview

Mission

To promote tourism in the city of walterboro by development and production of print media, billboards, internet advertising or any other means to promote tourism activities to attract tourist from outside the walterboro- colleton county area in order to enhance the opportunity for local businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$82,613$110,331▲ $27,718
Total Assets$82,613$110,331▲ $27,718
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$82,613$110,331▲ $27,718
Total Net Assets Fund Balance$82,613$110,331▲ $27,718
Total Liabilities and Net Assets / Fund Balance$82,613$110,331▲ $27,718
Compensation and Service Providers

Board Members and Trustees

NameTitle
William YoungChairman
Carl CoffinDirector
Chelsea WardDirector
David SmallsDirector
Jennifer BuntonDirector
Matthew MardellDirector
Ryan McleodDirector
Christie SlocumDiretor
Jeffrey MolinariExec Committ
Patricia UtseySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$184,968
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$183,096
Change in Net Assets
$27,718
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$157,250
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$157,250
Total Functional Expenses$0$0$0$157,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Governing documents available to public upon request.

Filing and Contact Details

Filer

Filer Name
Walterboro Tourism Commission
EIN
27-0473097
Phone
8435492545
Address
242 HAMPTON STREET, WALTERBORO, SC 29488

Signing Officer

Name
Jeffrey Molinari
Title
Exec Committee Mem
Phone
8435492545
Signed
2025-09-03

Organization Details

Principal Officer
Jeffrey Molinari
Voting Board Members
3
Independent Board Members
1
Employees
0

Preparer

Firm
Griffin Beach & Company Pa
Address
312 S JEFFERIES BLVD, WALTERBORO, SC 29488-4428
Preparer
Jack H Beach
Phone
8435495524
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To promote tourism in the city of walterboro by development and production of print media, billboards, internet advertising or any other means to promote tourism activities to attract tourist from outside the walterboro- colleton county area in order to enhance the opportunity for local businesses.

Form 990, Part XI, Line 9

ROUNDING 0

Raw XML Appendix255 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXEC COMMITT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRETOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRMAN
IRS990/Form990ProvidedToGvrnBodyInd0false
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IRS990/GamingActivitiesInd0false
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IRS990/GovernmentGrantsAmt01872
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0184968
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROMOTE TOURISM IN THE CITY OF WALTERBORO BY DEVELOPMENT AND PRODUCTION OF PRINT MEDIA, BILLBOARDS, INTERNET ADVERTISING OR ANY OTHER MEANS TO PROMOTE TOURISM ACTIVITIES TO ATTRACT TOURIST FROM OUTSIDE THE WALTERBORO- COLLETON COUNTY AREA IN ORDER TO ENHANCE THE OPPORTUNITY FOR LOCAL BUSINESSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY MOLINARI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC COMMITTEE MEM
ReturnHeader/BusinessOfficerGrp/PhoneNum08435492545
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALTERBORO TOURISM COMMISSION
ReturnHeader/Filer/BusinessNameControlTxt0WALT
ReturnHeader/Filer/EIN0270473097
ReturnHeader/Filer/PhoneNum08435492545
ReturnHeader/Filer/USAddress/AddressLine1Txt0242 HAMPTON STREET
ReturnHeader/Filer/USAddress/CityNm0WALTERBORO
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ReturnHeader/Filer/USAddress/ZIPCd029488
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0312 S JEFFERIES BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALTERBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0294884428
ReturnHeader/PreparerPersonGrp/PhoneNum08435495524
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACK H BEACH
ReturnHeader/ReturnTs02025-09-04T16:35:58-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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