School Facility Development Inc
School Facility Development Inc. shows fluctuating revenue and declining assets, with no reported officer compensation.
EIN: 200399601 · Pittsburgh, PA · NTEE: B02 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $4.0M |
| Transparency Score | 65/100 |
Is School Facility Development Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
School Facility Development Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About School Facility Development Inc
School Facility Development Inc (EIN: 200399601) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code B02. The organization reported total revenue of $2.0M and total assets of $18.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School Facility Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
School Facility Development Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$645K |
| Total Assets | $20.0M |
| Total Liabilities | $16.0M |
| Net Assets | $4.0M |
| Operating Margin | 32.2% |
| Debt-to-Asset Ratio | 80.1% |
| Months of Reserves | 176.2 months |
Financial Health Grade: A
In 2023, School Facility Development Inc reported a surplus of $645K with revenue exceeding expenses, holds 176.2 months of operating reserves (strong position), has a debt-to-asset ratio of 80.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), School Facility Development Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +181.1% | -28.2% | -2.6% |
| 2022 | -80.8% | -29.7% | -43.0% |
| 2021 | +45.2% | -5.0% | -2.6% |
| 2020 | -22.6% | +7.1% | -5.8% |
| 2019 | +8.1% | +5.2% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates School Facility Development Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, School Facility Development Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $645K, with revenue exceeding expenses.
- Debt-to-asset ratio: 80.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with assets nearing $20 million.
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 School Facility Development Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $3.7M in 2021 to $0.7M in 2022).
- Substantial decline in total assets over recent years (from $39.2M in 2019 to $20.0M in 2023).
- High liabilities relative to assets, indicating potential financial leverage or debt burden.
- Net loss reported in 2022 ($713,994 revenue vs. $1,898,060 expenses).
Strengths
The following positive indicators were identified for School Facility Development Inc:
- Consistent filing of IRS Form 990s, indicating transparency in financial reporting.
- No reported officer compensation across all filings, suggesting efficient use of funds at the executive level.
- Positive net income in the most recent filing (2023: $2,007,230 revenue vs. $1,361,889 expenses).
Frequently Asked Questions about School Facility Development Inc
Is School Facility Development Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, School Facility Development Inc (EIN: 200399601) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does School Facility Development Inc spend its money?
School Facility Development Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to School Facility Development Inc tax-deductible?
School Facility Development Inc is registered as a tax-exempt nonprofit (EIN: 200399601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the School Facility Development Inc CEO make?
School Facility Development Inc's highest-compensated officer earns $20 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of School Facility Development Inc's spending goes to programs?
School Facility Development Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does School Facility Development Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), School Facility Development Inc is above average for NTEE category B02 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is School Facility Development Inc located?
School Facility Development Inc is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 200399601. It is classified under NTEE code B02.
How many years of IRS 990 filings does School Facility Development Inc have?
School Facility Development Inc 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 $2.0M in total revenue.
Why have the organization's assets decreased by nearly 50% since 2019?
The organization's assets declined from $39,203,954 in 2019 to $19,999,223 in 2023. This significant reduction warrants further investigation into asset disposition or revaluation.
What caused the substantial revenue drop in 2022 to $713,994 from $3,714,095 in 2021?
The dramatic decrease in revenue in 2022 suggests a significant change in funding sources or operational activities that year, leading to a net loss of over $1.1 million.
How does the organization manage its substantial liabilities, which consistently represent a high percentage of total assets?
Liabilities have consistently been high, for example, $16,025,312 against $19,999,223 in assets in 2023, indicating a high debt-to-asset ratio that could impact financial flexibility.
Filing History
IRS 990 filing history for School Facility Development Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), School Facility Development Inc's revenue has declined by 2.5%, moving from $2.1M to $2.0M. Total assets decreased by 10% over the same period, from $22.2M to $20.0M. Total functional expenses fell by 28.5%, from $1.9M to $1.4M. In its most recent filing year (2023), School Facility Development Inc reported a surplus of $645K, with revenue exceeding expenses. The organization holds $16.0M in liabilities against $20.0M in assets (debt-to-asset ratio: 80.1%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.4M | $20.0M | $16.0M | — | View 990 |
| 2022 | $714K | $1.9M | $20.5M | $17.2M | — | View 990 |
| 2021 | $3.7M | $2.7M | $36.0M | $31.5M | — | View 990 |
| 2020 | $2.6M | $2.8M | $36.9M | $33.4M | — | View 990 |
| 2019 | $3.3M | $2.7M | $39.2M | $35.4M | — | View 990 |
| 2018 | $3.1M | $2.5M | $36.3M | $33.1M | — | View 990 |
| 2017 | $3.0M | $2.5M | $34.0M | $31.5M | — | View 990 |
| 2016 | $3.1M | $2.5M | $34.1M | $32.0M | — | View 990 |
| 2015 | $3.2M | $2.9M | $33.1M | $31.6M | — | View 990 |
| 2014 | $3.2M | $3.0M | $34.0M | $32.6M | — | View 990 |
| 2013 | $2.2M | $2.0M | $34.2M | $33.1M | — | View 990 |
| 2012 | $2.1M | $1.9M | $21.8M | $20.9M | — | View 990 |
| 2011 | $2.1M | $1.9M | $22.2M | $21.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.4M, and assets of $20.0M (revenue +181.1% year-over-year).
- 2022: Revenue of $714K, expenses of $1.9M, and assets of $20.5M (revenue -80.8% year-over-year).
- 2021: Revenue of $3.7M, expenses of $2.7M, and assets of $36.0M (revenue +45.2% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.8M, and assets of $36.9M (revenue -22.6% year-over-year).
- 2019: Revenue of $3.3M, expenses of $2.7M, and assets of $39.2M (revenue +8.1% year-over-year).
- 2018: Revenue of $3.1M, expenses of $2.5M, and assets of $36.3M (revenue +1.2% year-over-year).
- 2017: Revenue of $3.0M, expenses of $2.5M, and assets of $34.0M (revenue -1.0% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.5M, and assets of $34.1M (revenue -4.6% year-over-year).
- 2015: Revenue of $3.2M, expenses of $2.9M, and assets of $33.1M (revenue +0.4% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.0M, and assets of $34.0M (revenue +42.3% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.0M, and assets of $34.2M (revenue +4.9% year-over-year).
- 2012: Revenue of $2.1M, expenses of $1.9M, and assets of $21.8M (revenue +3.8% year-over-year).
- 2011: Revenue of $2.1M, expenses of $1.9M, and assets of $22.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for School Facility Development Inc:
Data Sources and Methodology
This transparency report for School Facility Development 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.