SOUTH CAROLINA CONNECTIONS ACADEMY INC (EIN 261966726) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

GARY PRINCE

Tax Period

2024-07-01 to 2025-06-30

SOUTH CAROLINA CONNECTIONS ACADEMY INC, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $61.8M in total revenue in fiscal year 2024. Expenses of $59.4M left a modest 4% surplus.

Mission

SOUTH CAROLINA CONNECTIONS ACADEMY, INC IS A PUBLIC VIRTUAL CHARTER SCHOOL THAT SERVES STUDENTS K-12. ALL STUDENTS WHO RESIDE IN SOUTH CAROLINA ARE ELIGIBLE TO ATTEND IF THEY MEET THE APPLICABLE ENROLLMENT REQUIREMENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $61,069,207

Investment Income $706,012

Other Revenue $8,015

TOTAL REVENUE $61,783,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,216,563

Fundraising Expenses $0

Program Expenses $54,825,660

Other Expenses $35,215,045

TOTAL EXPENSES $59,431,608

Year-over-Year Comparison

	2024	2023	Change
Revenue	$61,783,234	$60,421,351	+0.0%
Expenses	$59,431,608	$54,713,440	+0.1%
Net Income	$2,351,626	$5,707,911	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SELENA BLACKSTON	BOARD MEMBER	5.00	Director	$0	$0	$0
SHERRY CATES	BOARD MEMBER	5.00	Director	$0	$0	$0
ADAM HALL	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
JACQUELINE KENNEDY	BOARD MEMBER	5.00	Director	$0	$0	$0
GARY PRINCE	PRESIDENT	10.00	Officer Director	$0	$0	$0
LESLIE WRIGHT	BOARD MEMBER	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$61,783,234	$59,431,608	$34,843,405	$2,351,626
2024	No data	No data	No data	No data
2023	$58,277,426	$52,858,001	$25,701,910	$5,419,425
2022	$49,631,907	$49,341,764	$16,843,933	$290,143
2021	$47,709,935	$46,356,504	$14,632,201	$1,353,431
2020	$40,848,156	$39,598,647	$12,029,639	$1,249,509
2019	$39,080,853	$36,982,626	$10,921,623	$2,098,227
2018	$34,412,310	$31,873,751	$7,946,411	$2,538,559

SOUTH CAROLINA CONNECTIONS ACADEMY INC