As a tax-exempt public charity, ACBA embraces the values of accountability and transparency as a matter of ethical leadership. Financial transparency helps preserve the important trust community members and donors place in the College. ACBA’s most recent fiscal audit for FY 2021-2022 demonstrated that 86 cents of every private dollar donated to the College goes directly into its educational mission. Only 14 cents is used for administrative and fundraising overhead together.
To demonstrate ACBA’s commitment to transparency and to make it easier for those seeking financial information about the College, ACBA is posting the following documents.
A Donor Bill of Rights (Association of Fundraising Professionals)
Letter of Tax-Exception Status
ACBA’s Gold Star rating on GuideStar
ACBA is a 502(c)3 eleemosynary nonprofit educational organization duly registered and in good standing with the S.C. Secretary of State and Federal IRS, EIN 1075250.