Lee County School Facilities Inc

Lee County School Facilities Inc. maintains substantial assets despite a multi-year decline in revenue.

EIN: 208102953 · Bishopville, SC · NTEE: B11 · Updated: 2026-03-28

$713KRevenue

$20.9MAssets

80/100Mission Score (Excellent)

B11

About Lee County School Facilities Inc

Lee County School Facilities Inc (EIN: 208102953) is a nonprofit organization based in Bishopville, SC, classified under NTEE code B11. The organization reported total revenue of $713K and total assets of $20.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lee County School Facilities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Lee County School Facilities Inc. appears to be a financially stable organization, consistently maintaining significant assets relative to its annual revenue. With assets of $22,755,317 in the latest filing against revenue of $762,400, the organization has substantial reserves. However, its revenue has shown a consistent decline over the past several years, from $2,446,861 in 2018 to $762,400 in 2023, which warrants attention. The organization's expenses have generally tracked its revenue, indicating a balanced operational approach. A key strength is its transparency regarding executive compensation, reporting 0% officer compensation across all available filings, which suggests a volunteer-led or very lean administrative structure at the top. The NTEE code B11 indicates a focus on elementary and secondary education facilities, aligning with its name.

While the organization's financial health appears robust in terms of assets, the declining revenue trend could impact its long-term capacity if not addressed. The consistent reporting of 0% officer compensation is a positive indicator of efficient use of funds at the leadership level. Without detailed expense breakdowns (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is challenging. However, the overall financial picture suggests a well-managed entity with a clear mission, though future revenue generation will be crucial for sustained impact. The high asset base provides a strong buffer against operational fluctuations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lee County School Facilities Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Lee County School Facilities Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all filings, indicating a volunteer-led executive structure or that compensation is not a significant expense, which is a positive sign for efficient resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Lee County School Facilities Inc's IRS 990 filings:

Consistent multi-year decline in revenue from $2,446,861 in 2018 to $762,400 in 2023.

Strengths

The following positive indicators were identified for Lee County School Facilities Inc:

Substantial asset base of $22,755,317 in 2023, providing financial stability.
Consistent reporting of 0% officer compensation, indicating efficient use of funds at the leadership level.
Expenses generally track revenue, suggesting responsible financial management.
High asset-to-revenue ratio, indicating strong financial reserves.

Frequently Asked Questions about Lee County School Facilities Inc

Why has Lee County School Facilities Inc.'s revenue declined significantly from $2,446,861 in 2018 to $762,400 in 2023?

The provided data does not specify the reasons for the revenue decline, but it is a notable trend that could impact future operations and should be investigated further.

What specific programs or facilities does Lee County School Facilities Inc. support with its funds?

The NTEE code B11 suggests a focus on elementary and secondary education facilities, but the provided data does not detail specific programs or facilities.

How does Lee County School Facilities Inc. manage to operate with 0% officer compensation?

This suggests that the organization's leadership may be entirely volunteer-based or that executive functions are covered by other means not classified as officer compensation, indicating a highly efficient use of funds at the top.

What is the organization's strategy to address the declining revenue trend?

The provided data does not include strategic plans, but the consistent decline in revenue is a significant financial trend that would typically require a strategic response.

Filing History

IRS 990 filing history for Lee County School Facilities Inc showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2017–2023), Lee County School Facilities Inc's revenue has declined by 61.4%, moving from $2.0M to $762K. Total assets decreased by 26.5% over the same period, from $31.0M to $22.8M. Total functional expenses fell by 45%, from $1.4M to $750K. In its most recent filing year (2023), Lee County School Facilities Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $20.4M in liabilities against $22.8M in assets (debt-to-asset ratio: 89.7%), resulting in net assets of $2.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$762K	$750K	$22.8M	$20.4M	—	—
2022	$834K	$822K	$24.5M	$22.2M	—	View 990
2021	$898K	$774K	$26.2M	$23.8M	—	View 990
2020	$975K	$1.0M	$27.7M	$25.5M	—	View 990
2019	$1.0M	$1.1M	$29.3M	$27.0M	—	View 990
2018	$2.4M	$1.1M	$30.8M	$28.6M	—	View 990
2017	$2.0M	$1.4M	$31.0M	$30.0M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $762K, expenses of $750K, and assets of $22.8M (revenue -8.6% year-over-year).
2022: Revenue of $834K, expenses of $822K, and assets of $24.5M (revenue -7.1% year-over-year).
2021: Revenue of $898K, expenses of $774K, and assets of $26.2M (revenue -7.8% year-over-year).
2020: Revenue of $975K, expenses of $1.0M, and assets of $27.7M (revenue -5.4% year-over-year).
2019: Revenue of $1.0M, expenses of $1.1M, and assets of $29.3M (revenue -57.9% year-over-year).
2018: Revenue of $2.4M, expenses of $1.1M, and assets of $30.8M (revenue +24.0% year-over-year).
2017: Revenue of $2.0M, expenses of $1.4M, and assets of $31.0M.

Data Sources and Methodology

This transparency report for Lee County School Facilities Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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