Is South Carolina Military Scholarship & Family Care Association Inc Legit?

Quick charity verification for South Carolina Military Scholarship & Family Care Association Inc (EIN: 20646118)

Verdict: South Carolina Military Scholarship & Family Care Association Inc shows mixed signals

40/100Mission Score
$13KRevenue
$318KAssets
4Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How South Carolina Military Scholarship & Family Care Association Inc allocates its funds across programs, administration, and fundraising.

60%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
10%
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 South Carolina Military Scholarship & Family Care Association Inc

Is South Carolina Military Scholarship & Family Care Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, South Carolina Military Scholarship & Family Care Association Inc (EIN: 20646118) shows mixed signals. Mission Score: 40/100. 4 red flags identified, 3 strengths noted.

Is South Carolina Military Scholarship & Family Care Association Inc a good charity to donate to?

South Carolina Military Scholarship & Family Care Association Inc has a Mission Score of 40/100. Revenue: $13K. Assets: $318K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for South Carolina Military Scholarship & Family Care Association Inc?

The Employer Identification Number (EIN) for South Carolina Military Scholarship & Family Care Association Inc is 20646118. 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 South Carolina Military Scholarship & Family Care Association Inc spend its money?

South Carolina Military Scholarship & Family Care Association Inc allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify South Carolina Military Scholarship & Family Care Association Inc's tax-exempt status?

You can verify South Carolina Military Scholarship & Family Care Association Inc's tax-exempt status using EIN 20646118 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

The South Carolina Military Scholarship & Family Care Association Inc. exhibits concerning financial trends. For several years, the organization has consistently spent significantly more than it has brought in through revenue. For example, in 2022, revenue was $8,012 while expenses were $35,479, and in 2021, revenue was $2,114 against expenses of $39,883. This persistent deficit spending has led to a steady decline in assets, from a peak of $549,463 in 2015 to $372,057 in 2022. While the organization reports 0% officer compensation, which is a positive for transparency regarding executive pay, the overall financial sustainability is questionable given the long-term trend of expenses far exceeding income. The organization's ability to continue its mission is at risk if this trend persists. The NTEE code B82 suggests a focus on scholarships and financial aid, which aligns with its name. However, without a detailed breakdown of expenses from the 990 filings, it's difficult to ascertain the efficiency of program spending versus administrative or fundraising costs. The consistent net losses indicate that the organization is either drawing down on its reserves or relying on past accumulated assets to cover operational costs, which is not a sustainable model. The lack of liabilities reported across all periods is a positive indicator of financial management in terms of debt, but it doesn't offset the revenue-expense imbalance. In terms of transparency, the consistent filing of IRS Form 990s is a strength, allowing for public scrutiny of its financial activities. The reported 0% officer compensation is also a strong point for transparency. However, the financial health, characterized by declining assets and consistent operating deficits, raises significant questions about its long-term viability and the effectiveness of its fundraising efforts relative to its spending.

View Full Transparency Report →

Disclaimer

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

Related Pages