Overview
What is Scago Educational Facilities Corp For Pickens County School District?
Scago Educational Facilities Corp for Pickens County School District is a nonprofit organization dedicated to financing, constructing, and renovating facilities for Pickens County School District. Based in Easley, South Carolina, with an address at 1348 Griffin Mill Road, the corporation continued its debt servicing efforts in FY22 for the benefit of the school district. The mission of Scago Educational Facilities Corp aligns with enhancing the educational infrastructure and facilities for students in Pickens County.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
Scago Educational Facilities Corp for Pickens County School District has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. The organization has maintained a solid reputation for transparency, particularly with a majority of independent board members and an effective audit and oversight committee, which contributes positively to its governance.
One of the organization's strengths is its program expense ratio, which stands at 100%, signifying that all its expenses are dedicated to its programs. This suggests a strong commitment to its mission and effective resource allocation. Furthermore, the absence of material diversion of assets and the documentation of board meeting minutes reflect a high level of responsibility in managing the organization's resources.
However, the organization faces challenges, particularly in its liabilities to assets ratio, which received a low score. This may raise concerns about the financial stability and sustainability of Scago Educational Facilities Corp in the long term. Overall, while the organization demonstrates accountability and a strong focus on programmatic spending, it is essential to address its financial health moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Scago Educational Facilities Corp For Pickens County School District legitimate?
Scago Educational Facilities Corp For Pickens County School District is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scago Educational Facilities Corp For Pickens County 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
What is the mission statement of Scago Educational Facilities Corp For Pickens County School District?
Scago Educational Facilities Corp supports the Pickens County School District by financing, constructing, and renovating their educational facilities. The organization's primary goal is to improve the learning environment for students by enhancing the infrastructure of the schools. In the fiscal year 2022, the corporation continued to manage the debt related to certain facilities for the district, ensuring the ongoing progress of their construction and renovation projects. By providing essential facilities, Scago Educational Facilities Corp contributes to the educational experience of children in Pickens County, ultimately contributing to their overall development and success.
Who is the CEO of Scago Educational Facilities Corp For Pickens County School District?
John Gardner is the President of Scago Educational Facilities Corp For Pickens County School District.
What is the revenue of Scago Educational Facilities Corp For Pickens County School District?
Scago Educational Facilities Corp For Pickens County School District's revenue in 2022 was $22,059,661.
Who are the executives of Scago Educational Facilities Corp For Pickens County School District and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $182,493
- Other: $37,132
- Compensation: $0
- Related: $120,518
- Other: $32,257
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Scago Educational Facilities Corp For Pickens County School District?
Scago Educational Facilities Corp For Pickens County School District's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Scago Educational Facilities Corp For Pickens County School District
Scago Educational Facilities Corp for Pickens County School District is a dedicated organization that works tirelessly to finance, construct, and renovate facilities for the Pickens County School District. This nonprofit corporation is committed to enhancing the educational environment for students by investing in the infrastructure of their schools.
In the fiscal year 2022, Scago Educational Facilities Corp for Pickens County School District continued to honor its financial obligations towards certain facilities belonging to the Pickens County School District. The organization's mission is multifaceted, focusing on three primary aspects: financing, constructing, and renovating. The financing arm of the organization secures the necessary funds to undertake various projects, while the construction and renovation teams work on transforming schools into modern, functional learning spaces.
Scago Educational Facilities Corp for Pickens County School District plays a vital role in the community by improving the educational facilities for the students. By providing the necessary resources and expertise, this nonprofit organization enables the Pickens County School District to offer a high-quality learning experience for its students. The organization's dedication and hard work contribute significantly to the overall well-being and success of the school district.
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Impact
October, 2024
Scago Educational Facilities Corp plays a crucial role in enhancing the educational landscape of Pickens County by financing, constructing, and renovating school facilities. This organization has a significant impact by ensuring that schools are well-maintained and equipped to provide a conducive learning environment for students.
In fiscal year 2022, Scago continued to manage the debt associated with certain facilities, which is essential for the ongoing operational health of the Pickens County School District. By maintaining and improving educational infrastructure, the organization supports the district's mission to offer quality education and foster student success. The investments in school facilities contribute to a better educational experience, ultimately benefiting both students and the community as a whole.
This information is meant to be a general summary of Scago Educational Facilities Corp For Pickens County 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 2022.
- Investment Income: $1,335
- Program Service Revenue: $22,058,326
- Gross Receipts: $22,059,661
Assets and Liabilities:
- Total Assets: $196,462,651
- Total Liabilities: $196,462,651
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DISTRICT FACILITY PAYMENTS
Revenue
$22,058,326
Organization Details
Founding Year
2006
Phone
(864) 397-1049Principal Officer
John Gardner
Main Address
1348 GRIFFIN MILL ROAD, EASLEY, SC, 29640
NTEE Category
Code: B112 - Education
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