ANDERSON COUNTY CONVENTION & VISITORS BUREAU

EIN: 821686431 Community Improvement

Anderson, SC

Total Revenue
$787,841
Total Expenses
$957,469
Total Assets
$137,990
Net Assets
$-62,194
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
SC
Principal Officer
RUSTY BURNS
Phone
8642604351
Tax Period
2023-07-01 to 2024-06-30

ANDERSON COUNTY CONVENTION & VISITORS BUREAU, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $788K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $957K exceeded revenue, resulting in a 22% operating deficit.

Mission

Anderson County Convention & Visitors Bureau (CVB) is organized and is operated to promote tourism in Anderson County, SC. The CVB was formed as the official destination marketing organization for the county of Anderson pursuant to Section 6-4-10 of the SC Code of Laws. It will be funded by the County and City of Anderson accommodations tax revenues.

Program Service Accomplishments

Program 1
Expenses: $957,469 Revenue: $787,841

The Anderson County Convention & Visitors Bureau hosted numerous fishing tournaments and other sporting events to draw visitors to our area with an enormous economic impact on our hospitality...

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The Anderson County Convention & Visitors Bureau hosted numerous fishing tournaments and other sporting events to draw visitors to our area with an enormous economic impact on our hospitality industries in furtherance of the organization's mission.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $787,841
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $787,841

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $957,469
Other Expenses $957,469
TOTAL EXPENSES $957,469

Year-over-Year Comparison

2023 2022 Change
Revenue $787,841 $658,109 +0.2%
Expenses $957,469 $667,114 +0.4%
Net Income $-169,628 $-9,005 +17.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
7
$199,373
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rusty Burns President 50
Director
$199,373 $0 $199,373
Charles Williams Vice-President 1
Director
$0 $0 $0
KD Simpson-Mohsseni Treasurer 1
Director
$0 $0 $0
Marty Walker Secretary 1
Director
$0 $0 $0
Shelby Clardy Director 1
Director
$0 $0 $0
Mitesh Patel Director 1
Director
$0 $0 $0
Les McCall Director 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $787,841 $957,469 $137,990 $-169,628
2023 $658,109 $667,114 $138,078 $-9,005
2022 $547,159 $547,600 $172,319 $-441
2021 $562,730 $544,998 $214,532 $17,732
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