Scago Educational Facilities Corporation For Spartanburg School
EIN: 711005510 · Spartanburg, SC · NTEE: B112
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $309K |
| Net Assets | $0 |
Is Scago Educational Facilities Corporation For Spartanburg School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Scago Educational Facilities Corporation For Spartanburg School
Scago Educational Facilities Corporation For Spartanburg School (EIN: 711005510) is a nonprofit organization based in Spartanburg, SC, classified under NTEE code B112. The organization reported total revenue of $1.1M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scago Educational Facilities Corporation For Spartanburg School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scago Educational Facilities Corporation For Spartanburg School is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $309K |
| Total Expenses | $309K |
| Surplus / Deficit | +$0 |
| Total Assets | $7.8M |
| Total Liabilities | $7.8M |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 304.0 months |
Financial Health Grade: B
In 2023, Scago Educational Facilities Corporation For Spartanburg School reported a surplus of $0 with revenue exceeding expenses, holds 304.0 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Scago Educational Facilities Corporation For Spartanburg School's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.2% | -9.2% | -9.6% |
| 2022 | -7.8% | -7.8% | -8.4% |
| 2021 | -6.7% | -6.7% | -7.6% |
| 2020 | -7.7% | -7.7% | -6.8% |
| 2019 | -5.1% | -5.1% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Scago Educational Facilities Corporation For Spartanburg School 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 Scago Educational Facilities Corporation For Spartanburg School 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Scago Educational Facilities Corporation For Spartanburg School
Is Scago Educational Facilities Corporation For Spartanburg School a legitimate charity?
Based on AI analysis of IRS 990 filings, Scago Educational Facilities Corporation For Spartanburg School (EIN: 711005510) insufficient data. 0 red flags identified, 0 strengths noted.
How does Scago Educational Facilities Corporation For Spartanburg School spend its money?
Detailed spending breakdown data is not yet available for Scago Educational Facilities Corporation For Spartanburg School. Check back for updated IRS 990 analysis.
Are donations to Scago Educational Facilities Corporation For Spartanburg School tax-deductible?
Scago Educational Facilities Corporation For Spartanburg School is registered as a tax-exempt nonprofit (EIN: 711005510). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Scago Educational Facilities Corporation For Spartanburg School located?
Scago Educational Facilities Corporation For Spartanburg School is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 711005510. It is classified under NTEE code B112.
How many years of IRS 990 filings does Scago Educational Facilities Corporation For Spartanburg School have?
Scago Educational Facilities Corporation For Spartanburg School has 13 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Scago Educational Facilities Corporation For Spartanburg School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Scago Educational Facilities Corporation For Spartanburg School's revenue has declined by 60.8%, moving from $786K to $309K. Total assets decreased by 53.5% over the same period, from $16.8M to $7.8M. Total functional expenses fell by 60.8%, from $786K to $309K. In its most recent filing year (2023), Scago Educational Facilities Corporation For Spartanburg School reported a surplus of $0, with revenue exceeding expenses. The organization holds $7.8M in liabilities against $7.8M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $309K | $309K | $7.8M | $7.8M | — | — |
| 2022 | $340K | $340K | $8.6M | $8.6M | — | View 990 |
| 2021 | $368K | $368K | $9.4M | $9.4M | — | View 990 |
| 2020 | $395K | $395K | $10.2M | $10.2M | — | View 990 |
| 2019 | $428K | $428K | $11.0M | $11.0M | — | View 990 |
| 2018 | $451K | $451K | $11.7M | $11.7M | — | View 990 |
| 2017 | $479K | $479K | $12.4M | $12.4M | — | View 990 |
| 2016 | $485K | $485K | $13.0M | $13.0M | — | View 990 |
| 2015 | $1.0M | $1.0M | $13.6M | $13.6M | — | View 990 |
| 2014 | $710K | $710K | $15.1M | $15.1M | — | View 990 |
| 2013 | $739K | $739K | $15.7M | $15.7M | — | View 990 |
| 2012 | $764K | $764K | $16.3M | $16.3M | — | View 990 |
| 2011 | $786K | $786K | $16.8M | $16.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $309K, expenses of $309K, and assets of $7.8M (revenue -9.2% year-over-year).
- 2022: Revenue of $340K, expenses of $340K, and assets of $8.6M (revenue -7.8% year-over-year).
- 2021: Revenue of $368K, expenses of $368K, and assets of $9.4M (revenue -6.7% year-over-year).
- 2020: Revenue of $395K, expenses of $395K, and assets of $10.2M (revenue -7.7% year-over-year).
- 2019: Revenue of $428K, expenses of $428K, and assets of $11.0M (revenue -5.1% year-over-year).
- 2018: Revenue of $451K, expenses of $451K, and assets of $11.7M (revenue -6.0% year-over-year).
- 2017: Revenue of $479K, expenses of $479K, and assets of $12.4M (revenue -1.2% year-over-year).
- 2016: Revenue of $485K, expenses of $485K, and assets of $13.0M (revenue -52.6% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $13.6M (revenue +44.3% year-over-year).
- 2014: Revenue of $710K, expenses of $710K, and assets of $15.1M (revenue -3.9% year-over-year).
- 2013: Revenue of $739K, expenses of $739K, and assets of $15.7M (revenue -3.3% year-over-year).
- 2012: Revenue of $764K, expenses of $764K, and assets of $16.3M (revenue -2.8% year-over-year).
- 2011: Revenue of $786K, expenses of $786K, and assets of $16.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scago Educational Facilities Corporation For Spartanburg School:
Data Sources and Methodology
This transparency report for Scago Educational Facilities Corporation For Spartanburg School 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.