Sc School For The Deaf And The Blind Foundation Inc
EIN: 570693592 · Spartanburg, SC
| Metric | Value |
|---|---|
| Total Revenue | $740K |
| Total Expenses | $1.1M |
| Net Assets | $3.0M |
Is Sc School For The Deaf And The Blind Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sc School For The Deaf And The Blind Foundation Inc
Sc School For The Deaf And The Blind Foundation Inc (EIN: 570693592) is a nonprofit organization based in Spartanburg, SC. The organization reported total revenue of $740K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sc School For The Deaf And The Blind Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sc School For The Deaf And The Blind Foundation Inc is a small nonprofit that has been operating for 46 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $740K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-315,628 |
| Total Assets | $3.1M |
| Total Liabilities | $35K |
| Net Assets | $3.0M |
| Operating Margin | -42.6% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 34.7 months |
Financial Health Grade: B
In 2024, Sc School For The Deaf And The Blind Foundation Inc reported a deficit of $316K with expenses exceeding revenue, holds 34.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Sc School For The Deaf And The Blind Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -35.8% | +24.9% | -6.6% |
| 2023 | +102.5% | +42.1% | +13.9% |
| 2022 | -1.2% | -4.1% | -9.0% |
| 2021 | -13.8% | +17.0% | +8.3% |
| 2020 | +33.2% | +4.5% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sc School For The Deaf And The Blind Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sc School For The Deaf And The Blind Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $316K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Sc School For The Deaf And The Blind Foundation Inc
Is Sc School For The Deaf And The Blind Foundation Inc a legitimate charity?
Sc School For The Deaf And The Blind Foundation Inc (EIN: 570693592) is a registered tax-exempt nonprofit based in South Carolina. It has 14 years of IRS 990 filings on record. Total revenue: $740K. No red flags identified. Financial health grade: B.
How does Sc School For The Deaf And The Blind Foundation Inc spend its money?
Sc School For The Deaf And The Blind Foundation Inc reported $740K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sc School For The Deaf And The Blind Foundation Inc tax-deductible?
Sc School For The Deaf And The Blind Foundation Inc is registered as a tax-exempt nonprofit (EIN: 570693592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sc School For The Deaf And The Blind Foundation Inc located?
Sc School For The Deaf And The Blind Foundation Inc is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 570693592.
How many years of IRS 990 filings does Sc School For The Deaf And The Blind Foundation Inc have?
Sc School For The Deaf And The Blind Foundation Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $740K in total revenue.
Filing History
IRS 990 filing history for Sc School For The Deaf And The Blind Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sc School For The Deaf And The Blind Foundation Inc's revenue has declined by 11.2%, moving from $834K to $740K. Total assets increased by 223.3% over the same period, from $945K to $3.1M. Total functional expenses rose by 86.8%, from $565K to $1.1M. In its most recent filing year (2024), Sc School For The Deaf And The Blind Foundation Inc reported a deficit of $316K, with expenses exceeding revenue. The organization holds $35K in liabilities against $3.1M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $740K | $1.1M | $3.1M | $35K | — | — |
| 2023 | $1.2M | $846K | $3.3M | $31K | — | — |
| 2022 | $569K | $595K | $2.9M | $13K | — | View 990 |
| 2021 | $576K | $621K | $3.2M | $89K | — | View 990 |
| 2020 | $669K | $531K | $2.9M | $78K | — | View 990 |
| 2019 | $502K | $508K | $2.7M | $41K | — | View 990 |
| 2018 | $703K | $957K | $2.7M | $83K | — | View 990 |
| 2017 | $974K | $621K | $2.9M | $70K | — | View 990 |
| 2016 | $644K | $529K | $2.5M | $75K | — | View 990 |
| 2015 | $662K | $658K | $2.5M | $112K | — | View 990 |
| 2014 | $949K | $801K | $2.4M | $80K | — | View 990 |
| 2013 | $372K | $500K | $1.1M | $90K | — | View 990 |
| 2012 | $774K | $526K | $1.2M | $56K | — | View 990 |
| 2011 | $834K | $565K | $945K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $740K, expenses of $1.1M, and assets of $3.1M (revenue -35.8% year-over-year).
- 2023: Revenue of $1.2M, expenses of $846K, and assets of $3.3M (revenue +102.5% year-over-year).
- 2022: Revenue of $569K, expenses of $595K, and assets of $2.9M (revenue -1.2% year-over-year).
- 2021: Revenue of $576K, expenses of $621K, and assets of $3.2M (revenue -13.8% year-over-year).
- 2020: Revenue of $669K, expenses of $531K, and assets of $2.9M (revenue +33.2% year-over-year).
- 2019: Revenue of $502K, expenses of $508K, and assets of $2.7M (revenue -28.6% year-over-year).
- 2018: Revenue of $703K, expenses of $957K, and assets of $2.7M (revenue -27.8% year-over-year).
- 2017: Revenue of $974K, expenses of $621K, and assets of $2.9M (revenue +51.2% year-over-year).
- 2016: Revenue of $644K, expenses of $529K, and assets of $2.5M (revenue -2.7% year-over-year).
- 2015: Revenue of $662K, expenses of $658K, and assets of $2.5M (revenue -30.3% year-over-year).
- 2014: Revenue of $949K, expenses of $801K, and assets of $2.4M (revenue +155.0% year-over-year).
- 2013: Revenue of $372K, expenses of $500K, and assets of $1.1M (revenue -51.9% year-over-year).
- 2012: Revenue of $774K, expenses of $526K, and assets of $1.2M (revenue -7.2% year-over-year).
- 2011: Revenue of $834K, expenses of $565K, and assets of $945K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sc School For The Deaf And The Blind Foundation Inc:
Data Sources and Methodology
This transparency report for Sc School For The Deaf And The Blind Foundation 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.