Horry-georgetown Technical College Foundation Incorporated
Only null% goes to programs Strong reserves Growing revenue
Horry-georgetown Technical College Foundation Incorporated is a 501(c)(3) organization based in Myrtle Beach, South Carolina, registered in 1979, with $2,812,665 in FY2024 revenue. CharityIndex grades it C+.
743 Hemlock Ave, Myrtle Beach, SC, 29577 EIN 57-0681224 Since 1979
Revenue (FY2024)
$2.8M
▼ 32.1% vs prior year
Education median: $200K
Expenses (FY2024)
$1.3M
Net assets
$19.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Horry-georgetown Technical College Foundation Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating185 mo reserves · +54% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Horry-georgetown Technical College Foundation Incorporated: 185 mo reserves · +54% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Horry-georgetown Technical College Foundation Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Horry-georgetown Technical College Foundation Incorporated: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 743 Hemlock Ave, Myrtle Beach, SC, 29577
- City
- Myrtle Beach
- State
- South Carolina
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $1.9M (FY2013) to $2.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $75KNet assets $19.9M
Operating margin
54.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$20.0M
Total liabilities
$75K
Net assets
$19.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,812,665▼32.1% | $1,289,215▲18.1% | $19,887,731▲8.3% | $19,962,852▲8.6% | 990 |
| 2023 | $4,141,643▲92.2% | $1,092,044▼54.1% | $18,364,281▲19.9% | $18,381,675▲19.5% | 990 |
| 2022 | $2,154,606▼4.2% | $2,378,190▼35.7% | $15,314,682▼1.4% | $15,384,251▼2.0% | 990 |
| 2021 | $2,248,614▼43.0% | $3,696,240▲315% | $15,538,266▼8.5% | $15,699,346▼9.1% | 990 |
| 2020 | $3,943,981▲91.8% | $891,717▼23.9% | $16,985,892▲21.9% | $17,275,894▲20.3% | 990 |
| 2019 | $2,056,809▲8.2% | $1,171,430▲47.4% | $13,933,628▲7.1% | $14,361,639▲7.6% | 990 |
| 2018 | $1,901,783▲10.0% | $794,722▼10.6% | $13,014,380▲9.3% | $13,345,893▼16.0% | 990 |
| 2017 | $1,728,152▼35.5% | $889,126▼8.6% | $11,907,319▲7.6% | $15,886,991▲5.6% | 990 |
| 2016 | $2,677,276▲179% | $972,297▲56.9% | $11,068,293▲18.2% | $15,048,430▲20.7% | 990 |
| 2015 | $960,260▲27.1% | $619,769▲7.3% | $9,363,314▲3.8% | $12,463,377▲0.5% | 990 |
| 2014 | $755,287▼60.9% | $577,490▼9.4% | $9,022,823▲2.0% | $12,396,503▼4.8% | 990 |
| 2013 | $1,931,425 | $637,125▼21.3% | $8,845,026▲17.1% | $13,014,864▲8.9% | 990 |
| 2012 | — | $809,853▼65.2% | $7,550,726▲8.6% | $11,950,523▲9.0% | 990 |
| 2011 | — | $2,329,442▲43.4% | $6,951,499▼17.6% | $10,968,050▲25.3% | 990 |
| 2010 | — | $1,623,995 | $8,436,490 | $8,753,700 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $323K total
14 grants to Horry-georgetown Technical College Foundation Incorporated totaling $323K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $36,750 |
| American Online Giving Foundation Inc | General support | 2024 | $6,825 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $22,500 |
| American Online Giving Foundation Inc | General support | 2023 | $10,000 |
| Conway Hospital Inc | General purpose | 2023 | $6,667 |
| National Philanthropic Tr | Education | 2022 | $19,300 |
| National Philanthropic Tr | Education | 2021 | $13,500 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2020 | $19,000 |
| National Philanthropic Tr | Education | 2020 | $7,500 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2019 | $20,000 |
| National Philanthropic Tr | Education | 2019 | $18,165 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | General support | 2018 | $55,000 |
| National Philanthropic Tr | Education | 2018 | $37,500 |
| Georgetown Memorial Hospital | Operational assistance | 2015 | $50,000 |
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Frequently asked questions
- Is Horry-georgetown Technical College Foundation Incorporated a legitimate nonprofit?
- Yes. Horry-georgetown Technical College Foundation Incorporated is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 57-0681224, based in Myrtle Beach, South Carolina. Donations are tax-deductible.
- What is Horry-georgetown Technical College Foundation Incorporated's EIN?
- Horry-georgetown Technical College Foundation Incorporated's Employer Identification Number (EIN) is 57-0681224.
- How much revenue does Horry-georgetown Technical College Foundation Incorporated report?
- Horry-georgetown Technical College Foundation Incorporated reported $2,812,665 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Horry-georgetown Technical College Foundation Incorporated have?
- CharityIndex grades Horry-georgetown Technical College Foundation Incorporated C+, based on financial health (reserves and operating margin).
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Data for Horry-georgetown Technical College Foundation Incorporated (EIN 57-0681224) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.