FOLLY BEACH, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FOLLY BEACH TOURISM AND VISITOR PROMOTION COMMITTEE INC, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $592K in total revenue in fiscal year 2024.
TO MAKE RECOMMENDATIONS TO CITY COUNCIL ON, AND ESTABLISH GUIDELINES FOR, THE ADVERTISEMENT AND PROMOTION OF TOURISM FOR THE CITY OF FOLLY BEACH, SC PRIMARILY WITH FUNDING FROM THE STATE ACCOMMODATIONS TAX
THE ORGANIZATION EXPENDED FUNDS TO MARKET THE CITY OF FOLLY BEACH AND PROMOTE TOURISM. THE ORGANIZATION WAS ESTABLISHED BY THE CITY FOR THIS PURPOSE TO ASSIST THE CITY WITH THE OVERSIGHT OF THE...
THE ORGANIZATION EXPENDED FUNDS TO MARKET THE CITY OF FOLLY BEACH AND PROMOTE TOURISM. THE ORGANIZATION WAS ESTABLISHED BY THE CITY FOR THIS PURPOSE TO ASSIST THE CITY WITH THE OVERSIGHT OF THE ACCOMMODATION TAX FUNDS RECEIVED FROM THE STATE OF SC. DURING FY25, PROJECTS INCLUDED FUNDING FOR THE 2ND STREET EAST PEDESTRIAN PATH AND THE RESEARCH FOR PROPOSED HISTORICAL SIGNAGE THROUGHOUT THE ISLAND.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $592,463 | $592,317 | +0.0% |
| Expenses | $650,472 | $632,980 | +0.0% |
| Net Income | $-58,009 | $-40,663 | +0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CARL HALLY | CHAIRMAN FRO | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| CAROL HART | CHAIRMAN TI | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| NATHAN FOSTER | TREASURER | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| NANCY MOORE | SECRETARY | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD DIPASQUALE | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| ERIN GUTHRIE | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| RON HILL | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| NICOLE ROTHSTEIN | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $592,463 | $650,472 | $442,321 | $-58,009 |
| 2018 | $261,618 | $245,149 | $285,806 | $16,469 |
Compare FOLLY BEACH TOURISM AND VISITOR PROMOTION COMMITTEE INC with other nonprofits in South Carolina and across the country.