Charleston Officers Spouses Scholarship and Charitable Assoc

Nonprofit profile at a glance

EIN: 570779277
IRS 990-EZ coverage: 2014–2024
Forms available: Form 990-EZ 2024, Form 990-N 2012
Location: North Charleston, SC, USA
Phone: 8439633294
Rating: 60
Verdict: SUPPORTED
Rating confidence: Moderate

Reported finances

Revenue: $107,993
Expenses: $116,707
Assets: $56,638
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

Victoria Brewer (President)
Sarah Sollee (Vice President)
Holly Hall (Vice President of Internal Affairs)

People named in this filing

Victoria Brewer (President)
Sarah Sollee (Vice President)
Holly Hall (Vice President of Internal Affairs)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Donations to scholarship for military dependents looking to pursue higher education. Also donations to booster clubs and spouse supported organizations.

What it reported doing in 2024

Awarded five scholarships to local high school students and spouses of military service members pursuing higher education

Operating model

Revenue model: Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model: Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 42
Transparency & Controls: 82
Sustainability: 29
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 43.1%; rating input score 43
Program expense ratio: 39.8%; rating input score 40

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -8.1%; rating input score 18; 18th percentile among comparable filings
Total-asset coverage ratio: 0.49; rating input score 37; 37th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
Officer compensation ratio: 33.1%; rating input score 10; 10th percentile among comparable filings

Growth

Program expense growth: 12.7% per year; rating input score 100; 66th percentile among comparable filings
Revenue growth: 0.2% per year; rating input score 100; 22nd percentile among comparable filings
Asset growth: 3.6% per year; rating input score 100; 40th percentile among comparable filings

Details

Where the money goes: 43.1% of revenue deployed · 39.8% of spending went to programs
Governance: Filed governance answers
Accomplishments: 2 filed program accomplishments · $46K in reported program spending
Leadership: top reported pay $0 · 7 people listed
Consistency: 9 of 9 current checks pass
Schedules: 2 filed schedules
Filing history: 5 filing years from 2014 to 2024
Contacts: How to reach this organization
Money network: 4 filed money-flow records
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
Moderate — Financial Efficiency: Program expense ratio scored 40/100.
High — Sustainability: Operating margin scored 18/100.
Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
High — Sustainability: Officer compensation ratio scored 10/100.