Is Sc Launch Inc Legit?

Spending Breakdown

How Sc Launch Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Sc Launch Inc

Is Sc Launch Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Sc Launch Inc (EIN: 204692622) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is Sc Launch Inc a good charity to donate to?

Sc Launch Inc has a Mission Score of 92/100. Revenue: $1.5M. Assets: $37.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sc Launch Inc?

The Employer Identification Number (EIN) for Sc Launch Inc is 204692622. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Sc Launch Inc spend its money?

Sc Launch Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sc Launch Inc's tax-exempt status?

You can verify Sc Launch Inc's tax-exempt status using EIN 204692622 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

SC Launch Inc. demonstrates a strong financial position with consistently growing assets, reaching $13,860,401 in 2023 and $37,113,760 in the latest reported period. The organization has consistently reported zero liabilities in most recent filings, indicating sound financial management and low debt risk. Revenue streams have fluctuated, with a notable peak of $9,564,827 in 2017, but generally remain robust, supporting its mission.

The organization appears to be highly efficient in its spending, with expenses generally well below revenue, leading to asset growth. For instance, in 2023, expenses were $2,112,235 against revenues of $3,205,150. A key aspect of its transparency is the consistent reporting of 0% officer compensation across all available filings, which suggests that executive leadership is either unpaid or compensated through a related entity, warranting further investigation for complete understanding. This practice, while potentially indicating volunteer leadership, can sometimes obscure the full cost of executive management if compensation is routed elsewhere.

Overall, SC Launch Inc. exhibits strong financial health, efficient operations given its asset growth and low liabilities, and a high degree of transparency regarding executive compensation within its direct filings. The consistent asset growth and positive net income in most years reflect a well-managed and financially stable entity. The absence of reported officer compensation is a significant positive indicator for donor confidence, assuming no hidden compensation structures.

Verdict: Sc Launch Inc appears trustworthy

Red Flags

Strengths