Myrtle Beach Corvette Club
Nonprofit profile at a glance
- EIN
- 800902100
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- North Myrtle Beach, SC, USA
- Phone
- 6032093090
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $44,417
- Expenses
- $41,323
- Assets
- $17,981
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Linda Pettigrew (Vice President)
- Phil DelCostello (President)
People named in this filing
- Linda Pettigrew (Vice President)
- Phil DelCostello (President)
- Susan DelCostello (Secretary)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We donate to 2 local charities each year through our fund-raising activities
What it reported doing in 2025
Donation to Canine Angels local charity that trains service animals
Operating model
- Revenue model
- Other-operating. 69% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.1%; rating input score 74
- Program expense ratio: 79.7%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 19.2% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 16.2% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 18.8% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 74.1% of revenue deployed · 79.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 7 filed program accomplishments · $33K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- 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 — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Sustainability: Operating margin scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.