Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2006.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
3 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Builds and renovates school facilities for Berkeley County students.
Questions for Securing Assets for Education
Your first name shows with your question. Securing Assets for Education answers here, for everyone.
Securing assets for education is organized exclusively to (1) acquire, construct, finance, pledge, improve, maintain, operate, manage, lease, and dispose of school buildings and other public education facilities for the use and benefit of the berkeley county school district and (2) encourage and promote public education through…
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-0381906) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $366K | $167K |
| InvestmentsLn 11–13 | $82K | $166K |
| Total assetsLn 16 | $161.0M | $138.7M |
| LiabilitiesLn 26 | $161.0M | $138.6M |
| Net assetsLn 32 | $77K | $144K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| InterestLn 20 | $4.1M | $4.1M | ||
| Other expenses (24a–d)Ln 24 | $21.7M | $21.7M | ||
| Total functional expensesLn 25 | $25.8M | $25.8M | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS May 15, 2026 | $26.8M | $25.8M | $1.0M | $144K | 990 PDF |
| FY2024Filed with the IRS May 15, 2025 | $183.2M | $182.1M | $1.1M | $77K | 990 PDF |
| FY2023Filed with the IRS Apr 15, 2024 | $31.7M | $30.7M | $965K | −$291K | 990 PDF |
| FY2022Filed with the IRS May 15, 2023 | $22.8M | $22.1M | $714K | −$720K | 990 PDF |
| FY2021Filed with the IRS May 12, 2022 | $7.8M | $8.4M | −$630K | −$690K | 990 PDF |
| FY2020Filed with the IRS Apr 9, 2021 | $9.5M | $9.6M | −$48K | −$60K | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $26,810,615 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 4 to look at
Part VIII · Statement of revenue $26,810,615 across 3 lines filed
Part IX · Statement of functional expenses $25,774,472 across 2 lines filed
Part X · Balance sheet $138,701,210 assets, 10 lines filed
Part XI · Reconciliation of net assets $144,196 net assets at year end
Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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