Securing Assets For Education: $31.7M Revenue, $24.0M Program Expenses
Moncks Corner, South Carolina · EIN 200381906 · Filing year 2023
Securing Assets For Education reported $31.7M in total revenue, $30.7M in total expenses, and $186.0M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($24.0M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (68/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $31.7M
- Total Expenses
- $30.7M
- Program Expenses
- $24.0M
- Program Expense Ratio
- 78.0%
- Total Assets
- $186.0M
- Reserve Months
- 72.6 months
- EIN
- 200381906
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
Securing Assets For Education grades a B on the nonprofit efficiency rubric. 68/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.
Securing Assets For Education reported $31.7M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.
Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Securing Assets For Education reported $31.7M in 2023, up notably from the start of the window. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Securing Assets For Education sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue ratios should be read.
How Securing Assets For Education Compares
Securing Assets For Education directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 68/100 is 6 points below the Education category average. The organization holds 72.6 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Securing Assets For Education, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Securing Assets For Education has an Efficiency Score of B (68/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Securing Assets For Education, Donor FAQ
Securing Assets For Education has an Efficiency Score of B (68/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Securing Assets For Education is not reported in the most recent IRS 990 filing on file.
Securing Assets For Education reported $31.7M in annual revenue and $30.7M in total expenses for filing year 2023. The organization holds $186.0M in total assets.
For every dollar donated to Securing Assets For Education, approximately 78.0 cents goes to program activities. The organization has 72.6 months of operating reserves, providing financial stability to sustain its mission.
Securing Assets For Education is a registered 501(c) organization with EIN 200381906, based in Moncks Corner, South Carolina. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Education Nonprofits
Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.