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Securing Assets For Education

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200381906 ✦ Moncks corner, SC ✦ Designated as a 501(c)(3)

Overview

What is Securing Assets For Education?

Securing Assets For Education is a nonprofit organization based in Moncks Corner, South Carolina, with the address 229 East Main Street, 29461. Their primary mission is to acquire, construct, finance, manage, and operate school buildings and other public education facilities for the Berkeley County School District's use and benefit. Additionally, they promote public education through collaborations with governmental entities and organizations exempt under section 501(c)(3) of the Internal Revenue Code that offer public education in Berkeley County, South Carolina. In simpler terms, Securing Assets For Education focuses on building and renovating schools within the Berkeley County School District.


Is Securing Assets For Education legitimate?

Securing Assets For Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Securing Assets For Education 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Securing Assets For Education?
Who is the CEO of Securing Assets For Education?
What is the revenue of Securing Assets For Education?
Who are the executives of Securing Assets For Education and what are their salaries?
Where can I find the form 990 for Securing Assets For Education?

Mission Statement of Securing Assets For Education

Securing Assets For Education, or SAFE, is an organization dedicated to enhancing the educational facilities of the Berkeley County School District. Established for this specific purpose, SAFE focuses on acquiring, constructing, financing, maintaining, operating, managing, leasing, and disposing of school buildings and other public education facilities. The ultimate goal is to provide these resources for the benefit of the Berkeley County School District.

Moreover, SAFE encourages and promotes public education through cooperative arrangements with governmental entities and other organizations that share the same 501(c)(3) tax-exempt status as Securing Assets For Education. These collaborative partnerships aim to expand the reach and impact of public education in Berkeley County, South Carolina. By working together, SAFE and its affiliated organizations can create a better learning environment for the students and teachers of the Berkeley County School District.

Impact

This information is meant to be a general summary of Securing Assets For Education. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Securing Assets For Education's impact is rooted in the construction and renovation of Berkeley County School District facilities. By focusing exclusively on acquiring, financing, improving, and managing school buildings for the benefit of the district, the organization plays a crucial role in promoting public education in Berkeley County, SC. Through collaborative efforts with governmental entities and other education-focused organizations, Securing Assets For Education contributes to the enhancement of educational infrastructure and facilities, ultimately benefiting students, teachers, and the broader community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,073
  • Program Service Revenue: $22,810,479
  • Gross Receipts: $22,813,552

    • Assets and Liabilities:
  • Total Assets: $210,128,635
  • Total Liabilities: $210,848,393
  • Net Assets: -$719,758
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PRINCIPAL PAYMENTS FROM BERKELEY

    Revenue

    $14,600,000

    INTEREST PAYMENTS FROM BERKELEY C

    Revenue

    $7,495,683

    PREMIUM AMORTIZATION ON SERIES 20

    Revenue

    $714,796

    Organization Details

    Founding Year

    2003

    Principal Officer

    B Shawan Gillians

    Main Address

    229 EAST MAIN STREET, MONCKS CORNER, SC, 29461

    NTEE Category

    Code: B11 - Education

    If you are a representative of Securing Assets For Education and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.