Overview
What is South Carolina Educational Credit For Exceptional Needs Children Fund?
The South Carolina Educational Credit For Exceptional Needs Children Fund is a nonprofit organization located in Columbia, South Carolina. Their primary mission, as outlined in the 2016 S.C. Act, is to offer scholarships to children with exceptional needs who are enrolled in eligible schools. The fund is committed to carrying out all necessary actions to achieve this goal, ensuring they remain consistent with the law. Their workforce includes one dedicated individual, working tirelessly to fulfill their mission.
Official website here: www.exceptionalsc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The South Carolina Educational Credit for Exceptional Needs Children Fund has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and finance management. The overall score is primarily based on its accountability and finance metrics, which reflect a strong focus on responsible operations. The organization boasts 100% independent board members, enhancing its governance quality.
One of the standout strengths of the organization is its high program expense ratio, which is an impressive 96.33%. This suggests that a significant portion of its funds is directed towards its programs, indicating a commitment to fulfilling its mission. Additionally, the organization has effectively implemented policies such as conflict of interest and whistleblower policies, contributing positively to its accountability framework.
However, the organization faces challenges, particularly in its financial transparency, as it has not provided financial statements, which led to a score of zero in that area. Moreover, the fundraising efficiency ratio is quite low at $0.01, indicating that a considerable amount of resources are spent on fundraising compared to the revenue generated. These limitations suggest that while the organization is effective in its programs, there are areas that require improvement for enhanced financial health and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is South Carolina Educational Credit For Exceptional Needs Children Fund legitimate?
South Carolina Educational Credit For Exceptional Needs Children Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina Educational Credit For Exceptional Needs Children Fund 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: $42,000
For more financial information, click here
Official website here: www.exceptionalsc.org
What is the mission statement of South Carolina Educational Credit For Exceptional Needs Children Fund?
The South Carolina Educational Credit For Exceptional Needs Children Fund's mission is to implement the provisions set forth in the 2016 S.C. Act. This includes offering scholarships to children with exceptional needs who attend eligible schools. The fund is committed to doing whatever is necessary or suitable, and consistent with law, to achieve these goals. It aims to provide support in furthering these objectives, contributing to the education of exceptional needs children.
Official website here: www.exceptionalsc.org
Who is the CEO of South Carolina Educational Credit For Exceptional Needs Children Fund?
Edward Earwood is the Board Chair of South Carolina Educational Credit For Exceptional Needs Children Fund.
Official website here: www.exceptionalsc.org
What is the revenue of South Carolina Educational Credit For Exceptional Needs Children Fund?
South Carolina Educational Credit For Exceptional Needs Children Fund's revenue in 2022 was $5,546,279.
Official website here: www.exceptionalsc.org
Who are the executives of South Carolina Educational Credit For Exceptional Needs Children Fund and what are their salaries?
The average compensation at South Carolina Educational Credit For Exceptional Needs Children Fund during 2022 was $42,000. There is 1 employee and 4 volunteers at South Carolina Educational Credit For Exceptional Needs Children Fund.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.exceptionalsc.org
Where can I find the form 990 for South Carolina Educational Credit For Exceptional Needs Children Fund?
South Carolina Educational Credit For Exceptional Needs Children Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.exceptionalsc.org
Learn more at the official website: www.exceptionalsc.org
Mission Statement of South Carolina Educational Credit For Exceptional Needs Children Fund
The South Carolina Educational Credit for Exceptional Needs Children Fund is committed to fulfilling the objectives outlined in the 2016 S.C. Act. Its primary goal is to offer scholarships to children with exceptional needs who are enrolled in eligible educational institutions. Beyond this, the Fund undertakes any necessary and appropriate actions, consistent with the law, to further advance these objectives. In essence, the Fund's mission is to provide educational opportunities for children with exceptional needs, ensuring they have access to quality education that caters to their unique requirements.
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Impact
July, 2024
The South Carolina Educational Credit For Exceptional Needs Children Fund has a significant impact on providing scholarships to exceptional needs children attending eligible schools in South Carolina. By carrying out the provisions of the 2016 S.C. Act, this organization plays a vital role in ensuring that children with special needs have access to quality education tailored to their unique requirements. Through its mission to provide scholarships and support educational opportunities for exceptional needs children, this fund positively influences the lives of these students and their families.
This information is meant to be a general summary of South Carolina Educational Credit For Exceptional Needs Children Fund. 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: $99
- Gross Receipts: $5,546,279
Assets and Liabilities:
- Total Assets: $1,181,238
- Total Liabilities: $0
- Net Assets: $1,181,238
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Organization Details
Founding Year
2016
Phone
(877) 829-5500Principal Officer
Edward Earwood
Main Address
PO Box 11305, Columbia, SC, 29211
Website
www.exceptionalsc.orgNTEE Category
Code: B82 - Education
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