Sco Family Of Services
SCO Family Of Services consistently operates near break-even with substantial liabilities and no reported officer compensation.
EIN: 112777066 · Garden City, NY · NTEE: P20 · Updated: 2026-03-28
Is Sco Family Of Services Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sco Family Of Services directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sco Family Of Services
Sco Family Of Services (EIN: 112777066) is a nonprofit organization based in Garden City, NY, classified under NTEE code P20. The organization reported total revenue of $253.7M and total assets of $167.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sco Family Of Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sco Family Of Services with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Sco Family Of Services 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 consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of this size ($250M+ revenue) and suggests that executive compensation is either not reported in this specific line item or is covered by other expense categories, which could impact transparency regarding top executive pay.
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 Sco Family Of Services's IRS 990 filings:
- Consistent negative net assets (liabilities exceeding assets) in recent years, e.g., 202306 ($167.9M assets vs $178.5M liabilities).
- Unusually low or 0% reported officer compensation for an organization of this size, which may obscure actual executive pay.
Strengths
The following positive indicators were identified for Sco Family Of Services:
- Large scale of operations with consistent revenue generation over $250 million annually, indicating significant service delivery.
- Stable financial performance with revenues generally matching expenses over a decade.
- Growth in total assets over the past five years, from $94.8 million in 2018 to $167.9 million in 2023.
Frequently Asked Questions about Sco Family Of Services
Is Sco Family Of Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Sco Family Of Services (EIN: 112777066) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Sco Family Of Services spend its money?
Sco Family Of Services directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sco Family Of Services tax-deductible?
Sco Family Of Services is registered as a tax-exempt nonprofit (EIN: 112777066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is SCO Family Of Services a good charity?
SCO Family Of Services operates on a very large scale, providing significant services. Its consistent near break-even financial performance and growth in assets suggest a stable, albeit tightly managed, operation. The lack of reported officer compensation is a notable point for transparency, though further investigation into how executive compensation is handled would be beneficial. The organization's ability to maintain operations at this scale over many years indicates a strong programmatic presence.
How does SCO Family Of Services manage its liabilities?
SCO Family Of Services consistently reports liabilities that are often higher than its assets, for example, $178.5 million in liabilities against $167.9 million in assets in 2023. This suggests a significant reliance on debt or other financial obligations to support its operations and asset base. Understanding the nature of these liabilities (e.g., program-related debt, capital leases) would provide more insight into its financial strategy.
What is the trend in SCO Family Of Services' net assets?
SCO Family Of Services has shown a fluctuating but generally increasing trend in total assets, from $94.8 million in 2018 to $167.9 million in 2023. However, when considering liabilities, the organization often has negative net assets (assets minus liabilities), indicating that its obligations exceed its owned resources. For instance, in 2023, net assets would be approximately -$10.6 million ($167.9M - $178.5M).
Filing History
IRS 990 filing history for Sco Family Of Services showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sco Family Of Services's revenue has grown by 18.5%, moving from $217.1M to $257.2M. Total assets increased by 25.6% over the same period, from $133.7M to $167.9M. Total functional expenses rose by 18.2%, from $218.3M to $258.1M. In its most recent filing year (2023), Sco Family Of Services reported a deficit of $816K, with expenses exceeding revenue. The organization holds $178.5M in liabilities against $167.9M in assets (debt-to-asset ratio: 106.3%), resulting in net assets of $-10,626,676.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $257.2M | $258.1M | $167.9M | $178.5M | — | View 990 |
| 2022 | $261.5M | $259.5M | $159.0M | $184.6M | — | View 990 |
| 2021 | $250.1M | $250.3M | $156.8M | $196.3M | — | View 990 |
| 2020 | $261.6M | $263.2M | $118.8M | $176.7M | — | View 990 |
| 2019 | $258.1M | $258.1M | $104.8M | $148.9M | — | View 990 |
| 2018 | $252.8M | $249.0M | $94.8M | $129.8M | — | View 990 |
| 2017 | $250.1M | $244.9M | $145.2M | $128.6M | — | View 990 |
| 2016 | $269.1M | $246.0M | $144.7M | $143.0M | — | View 990 |
| 2015 | $256.4M | $254.3M | $125.4M | $127.6M | — | View 990 |
| 2014 | $253.2M | $258.2M | $140.1M | $140.4M | — | View 990 |
| 2013 | $244.8M | $244.3M | $141.2M | $134.7M | — | View 990 |
| 2012 | $227.0M | $227.5M | $130.9M | $131.0M | — | View 990 |
| 2011 | $217.1M | $218.3M | $133.7M | $88.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $257.2M, expenses of $258.1M, and assets of $167.9M (revenue -1.6% year-over-year).
- 2022: Revenue of $261.5M, expenses of $259.5M, and assets of $159.0M (revenue +4.6% year-over-year).
- 2021: Revenue of $250.1M, expenses of $250.3M, and assets of $156.8M (revenue -4.4% year-over-year).
- 2020: Revenue of $261.6M, expenses of $263.2M, and assets of $118.8M (revenue +1.4% year-over-year).
- 2019: Revenue of $258.1M, expenses of $258.1M, and assets of $104.8M (revenue +2.1% year-over-year).
- 2018: Revenue of $252.8M, expenses of $249.0M, and assets of $94.8M (revenue +1.1% year-over-year).
- 2017: Revenue of $250.1M, expenses of $244.9M, and assets of $145.2M (revenue -7.1% year-over-year).
- 2016: Revenue of $269.1M, expenses of $246.0M, and assets of $144.7M (revenue +5.0% year-over-year).
- 2015: Revenue of $256.4M, expenses of $254.3M, and assets of $125.4M (revenue +1.2% year-over-year).
- 2014: Revenue of $253.2M, expenses of $258.2M, and assets of $140.1M (revenue +3.4% year-over-year).
- 2013: Revenue of $244.8M, expenses of $244.3M, and assets of $141.2M (revenue +7.9% year-over-year).
- 2012: Revenue of $227.0M, expenses of $227.5M, and assets of $130.9M (revenue +4.5% year-over-year).
- 2011: Revenue of $217.1M, expenses of $218.3M, and assets of $133.7M.
Data Sources and Methodology
This transparency report for Sco Family Of Services 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.