Is Scago Educational Facilities Corporation For Beaufort School Di Legit?
Quick charity verification for Scago Educational Facilities Corporation For Beaufort School Di (EIN: 141984339)
Verdict: Scago Educational Facilities Corporation For Beaufort School Di appears trustworthy
70/100Mission Score
$2.5MRevenue
$27KAssets
1Red Flags
3Strengths
Red Flags
Consistent small operating deficits where expenses exceed revenue (e.g., $575,401 expenses vs. $572,582 revenue in 2023).
Strengths
No officer compensation reported across all filings, indicating efficient use of funds for its purpose.
Consistent IRS 990 filing history demonstrates good transparency and compliance.
Clear purpose as a supporting organization for educational facilities debt management.
Spending Breakdown
How Scago Educational Facilities Corporation For Beaufort School Di allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 Scago Educational Facilities Corporation For Beaufort School Di
Is Scago Educational Facilities Corporation For Beaufort School Di a legitimate charity?
Based on AI analysis of IRS 990 filings, Scago Educational Facilities Corporation For Beaufort School Di (EIN: 141984339) appears trustworthy. Mission Score: 70/100. 1 red flag identified, 3 strengths noted.
Is Scago Educational Facilities Corporation For Beaufort School Di a good charity to donate to?
Scago Educational Facilities Corporation For Beaufort School Di has a Mission Score of 70/100. Revenue: $2.5M. Assets: $27K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Scago Educational Facilities Corporation For Beaufort School Di?
The Employer Identification Number (EIN) for Scago Educational Facilities Corporation For Beaufort School Di is 141984339. 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 Scago Educational Facilities Corporation For Beaufort School Di spend its money?
Scago Educational Facilities Corporation For Beaufort School Di allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Scago Educational Facilities Corporation For Beaufort School Di's tax-exempt status?
You can verify Scago Educational Facilities Corporation For Beaufort School Di's tax-exempt status using EIN 141984339 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
Scago Educational Facilities Corporation For Beaufort School Di appears to be a supporting organization focused on managing debt related to educational facilities, rather than directly operating programs. Its financial health shows a consistent pattern of expenses slightly exceeding revenue in recent years, leading to a gradual decrease in assets and liabilities. For instance, in 2023, expenses were $575,401 against revenues of $572,582. The organization's primary function seems to be debt service, as indicated by the large liabilities consistently mirroring assets, suggesting a pass-through or holding entity structure. Transparency is good given the consistent filing of IRS Form 990s, and the absence of officer compensation simplifies financial scrutiny.
The organization's spending efficiency is difficult to assess in traditional program terms, as its activities are likely administrative and financial management related to bond obligations. The NTEE code B11 (Elementary & Secondary Education, Facilities) supports this interpretation. The consistent decline in assets from $34.8 million in 2014 to $14.7 million in 2023, alongside a corresponding decrease in liabilities, suggests a systematic repayment of debt. This structure means that a high percentage of 'program' spending would likely be debt service, which is a necessary function for its stated purpose.