Is Scago Educational Facilities Corporation…

Quick charity verification for Scago Educational Facilities Corporation For Colleton School Di (EIN: 141984337)

Spending Breakdown

How Scago Educational Facilities Corporation For Colleton School Di allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Scago Educational Facilities Corporation For Colleton School Di

Is Scago Educational Facilities Corporation For Colleton School Di a legitimate charity?

Based on AI analysis of IRS 990 filings, Scago Educational Facilities Corporation For Colleton School Di (EIN: 141984337) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Scago Educational Facilities Corporation For Colleton School Di a good charity to donate to?

Scago Educational Facilities Corporation For Colleton School Di has a Mission Score of 65/100. Revenue: $6.7M. Assets: $39.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Scago Educational Facilities Corporation For Colleton School Di?

The Employer Identification Number (EIN) for Scago Educational Facilities Corporation For Colleton School Di is 141984337. 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 Colleton School Di spend its money?

Scago Educational Facilities Corporation For Colleton School Di allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Scago Educational Facilities Corporation For Colleton School Di's tax-exempt status?

You can verify Scago Educational Facilities Corporation For Colleton School Di's tax-exempt status using EIN 141984337 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 Colleton School Di appears to be a supporting organization, likely involved in financing or managing educational facilities, given its NTEE code B11 (Elementary & Secondary Education). The organization's financial health shows a consistent trend of declining assets and increasing liabilities over the past several years. For instance, assets decreased from $109,346,701 in 2014 to $44,655,193 in 2023, while liabilities rose from $90,234,296 to $48,780,000 in the same period, though liabilities have also seen a recent decrease from a peak of $86,791,893. The organization has frequently reported expenses exceeding revenue, such as in 2023 where expenses were $2,495,321 against revenues of $1,742,297, indicating a reliance on existing assets or other funding mechanisms to cover operational costs. This pattern suggests a potential long-term sustainability concern if not addressed.

Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not explicitly provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a lean approach to executive pay, which is a positive indicator for donor confidence. The organization's primary function likely involves managing debt related to facility projects, which would explain the large asset and liability figures. Transparency is generally good, with consistent annual filings available, but a more granular breakdown of expenses would enhance understanding of its operational efficiency.

Overall, while the organization maintains a clear mission related to educational facilities, its financial trajectory of decreasing assets and persistent operating deficits warrants close monitoring. The absence of officer compensation is a strong point, but the overall financial health suggests a need for strategic planning to ensure long-term viability and mission fulfillment. The significant liabilities relative to assets, particularly in earlier years, indicate a highly leveraged financial structure.

Is Scago Educational Facilities Corporation For Colleton School Di Legit?

Verdict: Scago Educational Facilities Corporation For Colleton School Di shows mixed signals

Red Flags

Strengths