South Carolina Educational Credit For Exceptional Needs Children Fun

Organization Overview

South Carolina Educational Credit For Exceptional Needs Children Fun is located in Columbia, SC. The organization was established in 2016. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Educational Credit For Exceptional Needs Children Fun is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, South Carolina Educational Credit For Exceptional Needs Children Fun generated $5.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $5.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CARRY OUT THE TERMS AND PROVISIONS OF 2016 S.C. ACT TO PROVIDE SCHOLARSHIPS TO EXCEPTIONAL NEEDS CHILDREN ATTENDING ELIGIBLE SCHOOLS AND TO DO ALL THINGS NECESSARY OR CONVENIENT, AND NOT INCONSISTENT WITH LAW, TO FURTHER THESE GOALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CARRY OUT THE TERMS AND PROVISIONS OF 2016 S.C. ACT TO PROVIDE SCHOLARSHIPS TO EXCEPTIONAL NEEDS CHILDREN ATTENDING ELIGIBLE SCHOOLS AND TO DO ALL THINGS NECESSARY OR CONVENIENT, AND NOT INCONSISTENT WITH LAW, TO FURTHER THESE GOALS.


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Board, Officers & Key Employees

Name (title)Compensation
Edward Earwood
Board Chair
$0
Dr Spencer Jordan
Director
$0
Randy Page
Director
$0
Betsy Fanning
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,546,180
Noncash contributions included in lines 1a–1f $2,143,368
Total Revenue from Contributions, Gifts, Grants & Similar$5,546,180
Total Program Service Revenue$0
Investment income $99
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,546,279

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