Civic Intelligence

Partnership Grand Strand

EIN 87-3063949 • 501(c)3 • Myrtle Beach, SC

Profile

Partnership grand strand aims to focus upon scaling up transportation infrastructure, supporting the revitalization of myrtle beach's downtown and oceanfront areas, attracting, developing, and retaining local employees, growing small business opportunities, and diversifying the region's economy.

1200 N Oak StMyrtle Beach, SC 29577

partnershipgrandstrand.com

Siviq Scores

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

Liabilities / Assets

46th percentile

0.05x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

57th percentile

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

2nd percentile

-218%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

4th percentile

-44%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

12th percentile

-25%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,078,459

Down $854,798 (-44%) from 2024

Liabilities

Up

$49,414

Up $43,847 (+788%) from 2024

Net Assets

Down

$1,029,045

Down $898,645 (-47%) from 2024

Revenue

Down

$411,342

Down $140,465 (-25%) from 2024

Expenses

Up

$1,309,987

Up $280,924 (+27%) from 2024

Net Income

Down

-$898,645

Down $421,389 (-88%) from 2024

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2022: $1,827,836Liabilities 2022: $19,556Net Assets 2022: $1,808,2802022Assets 2023: $2,412,408Liabilities 2023: $7,462Net Assets 2023: $2,404,9462023Assets 2024: $1,933,257Liabilities 2024: $5,567Net Assets 2024: $1,927,6902024Assets 2025: $1,078,459Liabilities 2025: $49,414Net Assets 2025: $1,029,0452025

Highlighted filing

2025

Assets$1,078,459
Liabilities$49,414
Net Assets$1,029,045

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2022: $2,168,928Expenses 2022: $360,648Net Income 2022: $1,808,2802022Revenue 2023: $1,238,921Expenses 2023: $642,255Net Income 2023: $596,6662023Revenue 2024: $551,807Expenses 2024: $1,029,063Net Income 2024: -$477,2562024Revenue 2025: $411,342Expenses 2025: $1,309,987Net Income 2025: -$898,6452025

Highlighted filing

2025

Revenue$411,342
Expenses$1,309,987
Net Income-$898,645

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 31, 2025
Return Version
2024v5.2
Gross Receipts
$411,342
Mission and Program Overview

Mission

Partnership grand strand aims to focus upon scaling up transportation infrastructure, supporting the revitalization of myrtle beach's downtown and oceanfront areas, attracting, developing, and retaining local employees, growing small business opportunities, and diversifying the region's economy.

To reduce the burdens of the cities, towns, and horry county governments on the grand strand.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,426,435$854,262▼ $572,173
Cash and Non-Interest-Bearing Accounts$498,134$213,452▼ $284,682
Prepaid Expenses and Deferred Charges-$6,371-
Intangible Assets$8,124$4,374▼ $3,750
Total Assets$1,933,257$1,078,459▼ $854,798
Other Assets Total$564$0▼ $564
Liabilities
Grants Payable-$27,260-
Accounts Payable and Accrued Expenses$5,567$19,040▲ $13,473
Other Liabilities$0$3,114▲ $3,114
Total Liabilities$5,567$49,414▲ $43,847
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,927,690$1,014,045▼ $913,645
Net Assets With Donor Restrictions-$15,000-
Total Net Assets Fund Balance$1,927,690$1,029,045▼ $898,645
Total Liabilities and Net Assets / Fund Balance$1,933,257$1,078,459▼ $854,798
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peggy MastersonDirectorFT$98,673$98,673

Board Members and Trustees

NameTitle
Clay BrittainChair
Angie GoeppingerBoard Member
Brian ArgoBoard Member
Bruce BaileyBoard Member
Buz PlyerBoard Member
Carlton LewisBoard Member
Laura CrowtherBoard Member
Matt PivarnikBoard Member
Mike ChapmanBoard Member
Randy DevauxBoard Member
Steve ChapmanBoard Member
Steve MaysBoard Member
Stewart MillerBoard Member
Tom KoczaraBoard Member
Randy MckeelChief Financial Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$401,238
Program Service Revenue
$0
Investment Income
$10,104
Other Revenue
$0
All Other Contributions
$401,238
Change in Net Assets
$-898,645

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported Amount
Other Non Cash Contri Table$330,492
Total Noncash Contributions$330,492

Audited Revenue Reconciliation

Revenue per Audited Statements
$411,342
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$411,342
Total Revenue per Form 990
$411,342
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$898,576
Salaries, Compensation, and Employee Benefits$411,411
Total Fundraising Expense$2,484
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$411,411-$411,411
Other Expenses$428,400$15,021-$15,021
Insurance-$3,258-$3,258
All Other Expenses--$2,484$2,484
Total Functional Expenses$428,400$879,103$2,484$1,309,987

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,309,987
Total Expenses per Audited Statements$1,309,987
Total Expenses per Form 990$1,309,987
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$3,114
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization's ceo and cfo reviewed the prepared form 990 before it was filed.

Form 990, Part VI, Section B, Line 12C

The board of directors monitors compliance with the conflict of interest policy throughout the year. Failure to comply with the conflict of interest policy would result in a persons removal from the organization.

Form 990, Part VI, Section C, Line 19

The organization posts financial statements to the organization's website annually.

Filing and Contact Details

Filer

Filer Name
Partnership Grand Strand
EIN
87-3063949
Phone
8436267444
Address
1200 N OAK ST, MYRTLE BEACH, SC 29577

Signing Officer

Name
Randy Mckeel
Title
Chief Financial Officer
Phone
8436267444
Signed
2025-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Mckeel
Formed
2021
Legal Domicile
Sc
Voting Board Members
14
Independent Board Members
14
Employees
7
Volunteers
20

Preparer

Firm
Smith Sapp
Address
4728 JENN DR SUITE 100, MYRTLE BEACH, SC 29577
Preparer
Nathan E Skipper CPA
Phone
8434488334
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is a nonprofit corporation as described in section 501(c)(3) of the united states internal revenue code and is exempt from federal and state income taxes. Accounting standards prescribe when to recognize and how to measure the effects of tax positions taken or expected to be taken. In order to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. To the extent that all or a portion of a tax position is not recognized, a liability would be recognized for the unrecognized benefits. As of june 30, 2025, management has determined that the organization does not have any material unrecognized tax benefits.

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IRS990/PYOtherExpensesAmt0653472
IRS990/PYOtherRevenueAmt01210
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-477256
IRS990/PYSalariesCompEmpBnftPaidAmt0375591
IRS990/PYTotalExpensesAmt01029063
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0551807
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-898645
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ORGANIZATION WAS FORMED ON OCTOBER 12, 2021.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0401238
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0535796
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0879713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01942687
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03759434
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010104
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010104
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt03759434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0401238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0535796
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0879713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01942687
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03759434
IRS990ScheduleA/TotalSupportAmt03769538
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01309987
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERCOMPANY PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0411342
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCOUNTING STANDARDS PRESCRIBE WHEN TO RECOGNIZE AND HOW TO MEASURE THE EFFECTS OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN. IN ORDER TO BE RECOGNIZED, A TAX POSITION MUST BE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. TO THE EXTENT THAT ALL OR A PORTION OF A TAX POSITION IS NOT RECOGNIZED, A LIABILITY WOULD BE RECOGNIZED FOR THE UNRECOGNIZED BENEFITS. AS OF JUNE 30, 2025, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01309987
IRS990ScheduleD/TotalLiabilityAmt03114
IRS990ScheduleD/TotalRevenuePerForm990Amt0411342
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0411342
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01309987
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0MANAGEMENT SUPPORT
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0330492
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S CEO AND CFO REVIEWED THE PREPARED FORM 990 BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGHOUT THE YEAR. FAILURE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY WOULD RESULT IN A PERSONS REMOVAL FROM THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION POSTS FINANCIAL STATEMENTS TO THE ORGANIZATION'S WEBSITE ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MYRTLE BEACH AREA CHAMBER OF COMMERCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0570214572
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01200 N OAK ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MYRTLE BEACH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd029577
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0330492
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MYRTLE BEACH AREA CHAMBER OF COMMERCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01933257
IRS990/TotalAssetsEOYAmt01078459
IRS990/TotalAssetsGrp/BOYAmt01933257
IRS990/TotalAssetsGrp/EOYAmt01078459
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0401238
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02484
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0879103
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0428400
IRS990/TotalFunctionalExpensesGrp/TotalAmt01309987
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05567
IRS990/TotalLiabilitiesEOYAmt049414
IRS990/TotalLiabilitiesGrp/BOYAmt05567
IRS990/TotalLiabilitiesGrp/EOYAmt049414
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01927690

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