South Carolina Education Foundation
EIN: 833453141 · West Columbia, SC · NTEE: B12
About South Carolina Education Foundation
South Carolina Education Foundation (EIN: 833453141) is a nonprofit organization based in West Columbia, SC, classified under NTEE code B12. The organization reported total revenue of $187K and total assets of $60K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Carolina Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for South Carolina Education Foundation 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 South Carolina Education Foundation 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.
Filing History
IRS 990 filing history for South Carolina Education Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), South Carolina Education Foundation's revenue has declined by 23.4%, moving from $165K to $126K. Total assets decreased by 58.4% over the same period, from $181K to $75K. Total functional expenses fell by 16.5%, from $179K to $150K. In its most recent filing year (2024), South Carolina Education Foundation reported a deficit of $24K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $126K | $150K | $75K | $0 | — | — |
| 2023 | $91K | $172K | $99K | $0 | — | — |
| 2022 | $165K | $179K | $181K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $126K, expenses of $150K, and assets of $75K (revenue +39.1% year-over-year).
- 2023: Revenue of $91K, expenses of $172K, and assets of $99K (revenue -44.9% year-over-year).
- 2022: Revenue of $165K, expenses of $179K, and assets of $181K.
Data Sources and Methodology
This transparency report for South Carolina Education Foundation 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.