SCAGO EDUCATIONAL FACILITIES CORP FOR UNION COUNTY SCHOOL DISTRICT (EIN 770666609) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

MR JOEY HANEY

Phone

8644291740

Tax Period

2024-07-01 to 2025-06-30

SCAGO EDUCATIONAL FACILITIES CORP FOR UNION COUNTY SCHOOL DISTRICT, founded in 2006, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. The organization ran a surplus of $2.1M, a strong 76% operating margin.

Mission

THE CORPORATION'S PRIMARY ACTIVITY IS THE FINANCING OF THE ACQUISITION OF REAL AND PERSONAL PROPERTY FOR THE UNION COUNTY SCHOOL DISTRICT IN UNION COUNTY, SOUTH CAROLINA THROUGH THE ISSUANCE OF BONDS.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,696,554

Investment Income $18,066

Other Revenue $0

TOTAL REVENUE $2,714,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $658,537

Other Expenses $660,052

TOTAL EXPENSES $660,052

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,714,620	$2,714,588	+0.0%
Expenses	$660,052	$759,593	-0.1%
Net Income	$2,054,568	$1,954,995	+0.1%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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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

$110,362

Total Directors

$266,612

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNIE WILSON	DIRECTOR	1.00	Director	$0	$0	$0
BROCK HERON	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
MELISSA CAMPBELL	PRESIDENT	1.00	Officer Director	$0	$0	$0
LINDA GRIFFIN	SECRETARY / TREASURER	1.00	Officer Director	$0	$0	$110,362
JOEY HANEY	DIRECTOR	1.00	Director	$0	$0	$156,250

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	$2,714,620	$660,052	$31,609,686	$2,054,568
2024	$2,714,588	$759,593	$31,615,118	$1,954,995
2023	$2,717,315	$860,511	$31,620,123	$1,856,804
2022	$2,721,141	$946,733	$31,613,317	$1,774,408
2021	$2,708,613	$1,031,869	$31,626,804	$1,676,744
2020	$2,684,240	$1,115,899	$31,641,622	$1,568,341
2019	$2,779,480	$1,272,149	$31,725,613	$1,507,331
2018	$2,758,543	$1,257,465	$31,683,282	$1,501,078
2017	$1,970,252	$1,285,844	$31,672,204	$684,408

SCAGO EDUCATIONAL FACILITIES CORP FOR UNION COUNTY SCHOOL DISTRICT