Civic Intelligence

Folly Beach Wahine Classic

EIN 61-1723311 • 501(c)3 • Charleston, SC

RevokedPub. 78 Eligible990-N Coverage

Profile

Folly beach wahine classic corporation's purpose is to hold an annual, only women premier surf contest on folly beach to bring water women of all ages together to support the growth of women's board sports and build camaraderie in the sport. Proceeds from this event will be contributed to non-profit entities that relate to environmental water issues and community health causes

Revocation date: May 15, 2010

925 Harbor View RdCharleston, SC 29412

www.follywahine.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2016

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

64th percentile

6.3%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-56%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$29,498

Up $1,740 (+6.3%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$29,498

Up $1,740 (+6.3%) from 2015

Operations
Liabilities / RevenueScore unavailableNet Margin70th percentile

Revenue

Down

$11,358

Down $14,547 (-56%) from 2015

Expenses

Up

$9,620

Up $5,820 (+153%) from 2015

Net Income

Down

$1,738

Down $20,367 (-92%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

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

$30K$20K$10K$0Assets 2015: $27,758Net Assets 2015: $27,7582015Assets 2016: $29,498Net Assets 2016: $29,4982016

Highlighted filing

2016

Assets$29,498
Liabilities-
Net Assets$29,498
Open 2016 Filing

Operations Trend

Revenue Growth16th percentile

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

$30K$20K$10K$0Revenue 2015: $25,905Expenses 2015: $3,800Net Income 2015: $22,1052015Revenue 2016: $11,358Expenses 2016: $9,620Net Income 2016: $1,7382016

Highlighted filing

2016

Revenue$11,358
Expenses$9,620
Net Income$1,738
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,498
Liabilities
-
Net assets
$29,498
Revenue
$11,358
Expenses
$9,620
Net income
$1,738
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$29.5$29.5$11.4$9.62$1.74
2015Detailed filing. Detailed filing data is available for this year.$27.8$27.8$25.9$3.80$22.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 11, 2017
Return Version
2016v3.0
Gross Receipts
$112,187
Mission and Program Overview

Mission

Folly beach wahine classic corporation's purpose is to hold an annual, only women premier surf contest on folly beach to bring water women of all ages together to support the growth of women's board sports and build camaraderie in the sport. Proceeds from this event will be contributed to non-profit entities that relate to environmental water issues and community health causes

Program Services

DescriptionGrantsExpenses
3,800 WAS DONATED TO SURFERS HEALING FOUNDATION ON 7/27/16. A NATIONAL CHARITABLE ORGANIZATION THAT INTRODUCES CHILDREN WITH AUTISM TO WATER SPORTS BY SPONSORING FREE SURF CAMPS TO CHILDREN WITH AUTISM ACROSS THE COUNTRY.$3,800$7,281
A TRAILER WAS PURCHASED TO USE AT SURFING EVENTS TO HELP CARRY EQUIPMENT FOR THE EVENTS-$1,735
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICIA NOEPresident/SePT$0--
ELIZABETH CHIRLESVice PresidePT$0--
JEANIE MUCKENFUSSTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Surfers Healing$60,500$60,500$32,392$28,108
Folly Beach Wah$51,687$51,687$7,319$44,368
Total Events$112,187$112,187$100,829$11,358
Filing and Contact Details

Filer

Filer Name
Folly Beach Wahine Classic
EIN
61-1723311
Address
925 HARBOR VIEW RD, CHARLESTON, SC 29412

Signing Officer

Name
Patricia Noe
Title
President/secretary
Signed
2017-05-11

Preparer

Firm
Hood-rice LLC
Address
952 HOUSTON NORTHCUTT BLVD STE 201, MT PLEASANT, SC 29464-5659
Preparer
Kathleen K Rice CPA
Phone
8433883284
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses non-investment depreciation 1,735 total 1,735”

Form 990-ez, Part II, Line 24

“Trailer 0 3,306 less accumulated depreciation 0 1,735 total 0 1,571”

Form 990-ez, Part III

“Folly beach wahine classic corporation's purpose is to hold an annual, only women premier surf contest on folly beach to bring water women of all ages together to support the growth of women's board sports and build camaraderie in the sport. Proceeds from this event will be contributed to non-profit entities that relate to environmental water issues and community health causes”

Form 990-ez, Part III, Line 28

“3,800 was donated to surfers healing foundation on 7/27/16. A national charitable organization that introduces children with autism to water sports by sponsoring free surf camps to children with autism across the country.”

Form 990-ez, Part III, Line 31

“A trailer was purchased to use at surfing events to help carry equipment for the events”

Raw XML Appendix155 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0PATRICIA NOE
IRS990EZ/BooksInCareOfDetail/PhoneNum08437373065
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0925 HARBOR VIEW DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHARLESTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029412
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt027760
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027927
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01738
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04085
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt027760
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IRS990EZ/FundraisingGrossIncomeAmt0112187
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03800
IRS990EZ/GrossReceiptsAmt0112187
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027760
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029498
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt07.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt17.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PATRICIA NOE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ELIZABETH CHIRLES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEANIE MUCKENFUSS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/SE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01571
IRS990EZ/OtherExpensesTotalAmt01735
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FOLLY BEACH WAHINE CLASSIC CORPORATION'S PURPOSE IS TO HOLD AN ANNUAL, ONLY WOMEN PREMIER SURF CONTEST ON FOLLY BEACH TO BRING WATER WOMEN OF ALL AGES TOGETHER TO SUPPORT THE GROWTH OF WOMEN'S BOARD SPORTS AND BUILD CAMARADERIE IN THE SPORT. PROCEEDS FROM THIS EVENT WILL BE CONTRIBUTED TO NON-PROFIT ENTITIES THAT RELATE TO ENVIRONMENTAL WATER ISSUES AND COMMUNITY HEALTH CAUSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt03,800 WAS DONATED TO SURFERS HEALING FOUNDATION ON 7/27/16. A NATIONAL CHARITABLE ORGANIZATION THAT INTRODUCES CHILDREN WITH AUTISM TO WATER SPORTS BY SPONSORING FREE SURF CAMPS TO CHILDREN WITH AUTISM ACROSS THE COUNTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1A TRAILER WAS PURCHASED TO USE AT SURFING EVENTS TO HELP CARRY EQUIPMENT FOR THE EVENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt03800
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07281
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11735
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0100829
IRS990EZ/SpecialEventsNetIncomeLossAmt011358
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt09620
IRS990EZ/TotalProgramServiceExpensesAmt09016
IRS990EZ/TotalRevenueAmt011358
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FOLLYWAHINE.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt013000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt013000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0112187
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt083664
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0195851
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0208851
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0112187
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt096664
IRS990ScheduleA/Total509Grp/TotalAmt0208851
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0112187
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt096664
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0208851
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt08659
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt08659
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0100829
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SURFERS HEALING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FOLLY BEACH WAH
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08653
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt03577
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt012230
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt060500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt051687
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0112187
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt060500
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0112187
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011358
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt07868
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt022544
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt030412
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt039711
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt032392
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07319
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04600
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt05217
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt09817
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES NON-INVESTMENT DEPRECIATION 1,735 TOTAL 1,735
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRAILER 0 3,306 LESS ACCUMULATED DEPRECIATION 0 1,735 TOTAL 0 1,571
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FOLLY BEACH WAHINE CLASSIC CORPORATION'S PURPOSE IS TO HOLD AN ANNUAL, ONLY WOMEN PREMIER SURF CONTEST ON FOLLY BEACH TO BRING WATER WOMEN OF ALL AGES TOGETHER TO SUPPORT THE GROWTH OF WOMEN'S BOARD SPORTS AND BUILD CAMARADERIE IN THE SPORT. PROCEEDS FROM THIS EVENT WILL BE CONTRIBUTED TO NON-PROFIT ENTITIES THAT RELATE TO ENVIRONMENTAL WATER ISSUES AND COMMUNITY HEALTH CAUSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33,800 WAS DONATED TO SURFERS HEALING FOUNDATION ON 7/27/16. A NATIONAL CHARITABLE ORGANIZATION THAT INTRODUCES CHILDREN WITH AUTISM TO WATER SPORTS BY SPONSORING FREE SURF CAMPS TO CHILDREN WITH AUTISM ACROSS THE COUNTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A TRAILER WAS PURCHASED TO USE AT SURFING EVENTS TO HELP CARRY EQUIPMENT FOR THE EVENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICIA NOE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/SECRETARY
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOLLY BEACH WAHINE CLASSIC
ReturnHeader/Filer/BusinessNameControlTxt0FOLL
ReturnHeader/Filer/EIN0611723311
ReturnHeader/Filer/USAddress/AddressLine1Txt0925 HARBOR VIEW RD
ReturnHeader/Filer/USAddress/CityNm0CHARLESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029412
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA0BFC1D7EEB97DFC8E3018F2B497D4275FCE6DA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06EE8956817CA1491E68B020A53D3BA51F4D41516
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0455574544
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOOD-RICE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0952 HOUSTON NORTHCUTT BLVD STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MT PLEASANT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0294645659
ReturnHeader/PreparerPersonGrp/PhoneNum08433883284
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHLEEN K RICE CPA
ReturnHeader/ReturnTs02017-05-15T12:10:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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