Is Sumter Two School Facilities Inc Legit?…

Quick charity verification for Sumter Two School Facilities Inc (EIN: 208059977)

Strengths

Consistent financial stability with revenues closely matching expenses (e.g., 2023 revenue $1,441,744 vs. expenses $1,414,456).
Zero reported officer compensation across all filings, indicating high efficiency and transparency.
Consistent filing of IRS Form 990s, demonstrating commitment to transparency.
Strong asset base relative to annual expenses, even with a decreasing trend (e.g., $43,324,165 in assets in 2023).

Spending Breakdown

How Sumter Two School Facilities Inc allocates its funds across programs, administration, and fundraising.

95%

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 Sumter Two School Facilities Inc

Is Sumter Two School Facilities Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Sumter Two School Facilities Inc (EIN: 208059977) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.

Is Sumter Two School Facilities Inc a good charity to donate to?

Sumter Two School Facilities Inc has a Mission Score of 90/100. Revenue: $2.7M. Assets: $39.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sumter Two School Facilities Inc?

The Employer Identification Number (EIN) for Sumter Two School Facilities Inc is 208059977. 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 Sumter Two School Facilities Inc spend its money?

Sumter Two School Facilities Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sumter Two School Facilities Inc's tax-exempt status?

You can verify Sumter Two School Facilities Inc's tax-exempt status using EIN 208059977 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

Sumter Two School Facilities Inc. appears to be a financially stable organization, primarily focused on managing assets rather than extensive program spending. Over the past seven years, the organization has consistently reported revenues that closely match or slightly exceed expenses, indicating sound financial management. For instance, in 2023, revenue was $1,441,744 against expenses of $1,414,456. The organization's assets have been steadily decreasing over time, from $61,155,907 in 2017 to $43,324,165 in 2023, while liabilities have also decreased proportionally. This trend suggests a potential winding down or a structured reduction in its asset base and corresponding debt, which is not inherently negative but warrants further investigation into its long-term strategy.

Spending efficiency is high given the minimal difference between revenue and expenses, suggesting tight budgetary control. The consistent reporting of 0% officer compensation across all filings indicates a high degree of transparency regarding executive pay, as it suggests either a volunteer-led board or compensation is covered by another entity, which is a positive sign for donors. The NTEE code B11 (Elementary & Secondary Education Facilities) aligns with its name, indicating a clear mission focus. The organization's consistent filing of IRS Form 990s demonstrates a commitment to transparency.

Overall, the organization exhibits good financial health with controlled spending and clear reporting. The decreasing asset base, while notable, does not immediately signal distress given the proportional decrease in liabilities. Its operational model appears to be very lean, with expenses almost entirely covered by revenue, and no reported officer compensation, which are strong indicators of efficiency and donor trust.

Is Sumter Two School Facilities Inc Legit?

Verdict: Sumter Two School Facilities Inc appears trustworthy