Overview
What is Scago Efc Beaufort Cnty School District?
Scago Efc Beaufort Cnty School District is a nonprofit entity formed for educational and charitable purposes. Its primary objective is to facilitate the acquisition or sale of property associated with the design, construction, operation, financing, and refinancing of educational facilities for the Beaufort County School District. This organization, through a series of bond issuances and agreements, has played a significant role in financing and managing the construction of educational facilities within the district. It operates under the terms of a Facilities Agreement and a Base Lease Agreement with the school district, obligating the district to make lease rental payments to the corporation.
Official website here: www.not applicable
Is Scago Efc Beaufort Cnty School District legitimate?
Scago Efc Beaufort Cnty School District is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scago Efc Beaufort Cnty School District submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.not applicable
What is the mission statement of Scago Efc Beaufort Cnty School District?
The Scago Efc Beaufort Cnty School District was established with educational and charitable objectives. Its primary mission involves undertaking certain obligations related to the acquisition or sale of real and/or personal property. These obligations are in connection with the design, construction, operation, financing, and refinancing of educational facilities. These facilities are intended for use by the Beaufort County School District, subject to applicable laws. The corporation's activities aim to support the school district in various projects, including the development and improvement of education infrastructure.
Official website here: www.not applicable
What is the revenue of Scago Efc Beaufort Cnty School District?
Scago Efc Beaufort Cnty School District's revenue in 2024 was $2,536,843.
Official website here: www.not applicable
Who are the executives of Scago Efc Beaufort Cnty School District and what are their salaries?
There 3 volunteers at Scago Efc Beaufort Cnty School District.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $187,366
- Other: $70,045
- Compensation: $0
- Related: $304,085
- Other: $91,155
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.not applicable
Where can I find the form 990 for Scago Efc Beaufort Cnty School District?
Scago Efc Beaufort Cnty School District's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.not applicable
Learn more at the official website: www.not applicable
Mission Statement of Scago Efc Beaufort Cnty School District
Scago Efc Beaufort Cnty School District was established with educational and charitable objectives in mind. Its primary mission involves undertaking certain obligations related to the acquisition or sale of real and/or personal property, specifically in connection with the design, construction, operation, financing, and refinancing of educational facilities. This nonprofit organization's purpose is to support the Beaufort County School District, allowing it to use these facilities as needed, within the boundaries of applicable laws. The corporation's role is instrumental in facilitating the improvement of educational facilities, thereby contributing to the overall educational experience for students in the district.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Scago Efc Beaufort County School District plays a crucial role in enhancing educational infrastructure in the Beaufort County area by overseeing the acquisition, construction, operation, financing, and refinancing of educational facilities. By facilitating the funding through tax-exempt bonds, such as the Series 2006 and Series 2016 bonds, they ensure that necessary resources are allocated to create and maintain high-quality learning environments for students.
The corporation’s activities focus on supporting the Beaufort County School District, which directly impacts the delivery of educational services. Through structured financial agreements, Scago Efc enables the district to manage its facilities effectively while ensuring that funds are available for the ongoing needs of the educational system. This seamless collaboration helps promote educational growth, providing students with improved access to learning spaces that are critical to their development and success.
Overall, the impact of Scago Efc is significant; it not only supports the immediate needs of educational facilities but also contributes to long-term sustainability and enhancement of educational opportunities within the community, thereby nurturing the future of education in Beaufort County.
This information is meant to be a general summary of Scago Efc Beaufort Cnty School District. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $21,164
- Program Service Revenue: $2,515,679
- Gross Receipts: $2,536,843
Assets and Liabilities:
- Total Assets: $16,997,411
- Total Liabilities: $16,975,000
- Net Assets: $22,411
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE RECEIVABLE
Revenue
$2,515,679
Organization Details
Founding Year
2006
Principal Officer
John K Gardner
Website
www.not applicableNTEE Category
Code: B11 - Education
If you are a representative of Scago Efc Beaufort Cnty School District and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.