Skip to main content
NonprofitTruth
Education · 2023 Form 990

Securing Assets For Education: $31.7M Revenue, $30.7M 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. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: C (54/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
54/100

Key Facts (2023 Form 990)

Total Revenue
$31.7M
Total Expenses
$30.7M
Total Assets
$186.0M
Reserve Months
72.6 months
Surplus / (Deficit)
$965K
EIN
200381906
Latest 990 Year
2023
Current-Officer Compensation
Not reported
Officer Comp % of Revenue
N/A

Securing Assets For Education earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 54/100.

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. Reserves are the limiting factor: Securing Assets For Education carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

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. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership 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 figures should be read.


$31.7M
Revenue
$30.7M
Expenses
$186.0M
Total Assets
N/A
Officer Compensation

How Securing Assets For Education Compares

Securing Assets For Education earns a NonprofitTruth efficiency grade of C (54/100). That is 10 points below the Education category average. The organization holds 72.6 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$30.7M
Total Expenses
Filing year 2023
Not reported
Officer Compensation
on this 990
72.6 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Securing Assets For Education reported $31.7M in revenue against $30.7M in total functional expenses for filing year 2023, holding roughly 72.6 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

Trend

Revenue History

Get Securing Assets For Education's next Form 990 grade

Subscribe for NonprofitTruth updates by email. No spam, unsubscribe anytime.


Securing Assets For Education has a NonprofitTruth Efficiency Score of C (54/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Securing Assets For Education, Donor FAQ

Securing Assets For Education has a NonprofitTruth Efficiency Score of C (54/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Current-officer compensation for Securing Assets For Education is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.

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.

Securing Assets For Education holds approximately 72.6 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

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.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.