Coastal Uncorked Inc

Nonprofit profile at a glance

EIN
300593134
IRS 990-EZ coverage
2013–2013
Forms available
Form 990 2012, Form 990-EZ 2013, Form 990-N 2009
Location
Myrtle Beach, SC, USA
Phone
8434482253
Rating confidence
Limited
Sector
Economic Development

Official website

Reported finances

Revenue
$0
Expenses
$22,665
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

10 people listed

People named in this filing

  • Heidi Vukov (Chairman)
  • Scott Mathis (Director)
  • Shelley Chapman (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Historically, the Organization operated a festival in the spring of the year calling attention to the many culinary and recreational opportunities offered by the City of Myrtle Beach and surrounding area. The festival attracted tourists to the Myrtle Beach area and generated tourism dollars for the benefit of the local economy. By doing so the festival served as a driving force to promote the social welfare of the Myrtle Beach / Horry County citizenry. A portion of the proceeds from the festival were used to support culinary programs at local educational institutions of higher learning.

What it reported doing in 2013

See Schedule O.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 4
  • Transparency & Controls: 74
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 11%; rating input score 11

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -53.4% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -71.8% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 11% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Program expense ratio scored 11/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.