Is Scope Education Services Legit?

Quick charity verification for Scope Education Services (EIN: 112073576)

Verdict: Scope Education Services appears trustworthy

85/100Mission Score
$44.9MRevenue
$27.0MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Scope Education Services demonstrates strong financial health and consistent growth over the past several years. Their revenue has steadily increased from $15.6 million in 2015 to $48.8 million in 2024, indicating robust demand for their services. The organization consistently operates with a surplus, as seen in the 2024 period where revenue of $48,816,383 exceeded expenses of $46,834,916, contributing to a healthy asset base of $26,452,379. This sustained growth in assets, alongside manageable liabilities, suggests prudent financial management. The organization's spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, given the nature of an education services provider and the absence of reported officer compensation. The consistent surpluses indicate that the organization is not overspending and is building reserves, which is a positive sign for long-term sustainability. The lack of reported officer compensation across all filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency if not clearly disclosed elsewhere. Transparency regarding executive compensation is a notable point, as zero officer compensation is reported across all available filings. While this could indicate a highly efficient, volunteer-driven leadership, it warrants further investigation to understand how leadership is compensated, if at all, or if these costs are embedded within other operational expenses. Overall, the financial trajectory is positive, but a clearer picture of leadership remuneration would enhance transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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