Wadleigh Scholars Program Inc

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

EIN: 133562912 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Wadleigh Scholars Program Inc?

Wadleigh Scholars Program Inc is a nonprofit organization situated in New York City, specifically at 1177 6th Avenue, 25th floor. Their primary mission is to aid students of color and their families in the application process to prestigious, private boarding schools. The organization offers assistance, aiming to bridge the gap and provide equal opportunities for these students to access quality education. This support extends to the families as well, ensuring a holistic approach to the application process. The program's goal is to empower students of color to thrive in these educational environments.


Official website here: www.wadleighscholarsprogram.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Stars)

The Wadleigh Scholars Program Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score is based solely on the Accountability & Finance beacon, highlighting a lack of independent board members and missing policies related to conflict of interest and whistleblower protections. These deficiencies contribute to a low rating and suggest potential governance issues within the organization.

Despite the concerns raised, the organization demonstrates some strengths, particularly in its program expense ratio, which is at 100%. This indicates that all of its expenditures are directed toward its programs, reflecting a strong commitment to its mission. Additionally, the charity has a good record regarding the absence of material diversion of assets, further supporting its operational integrity in that aspect.

However, the absence of independent board members and critical governance policies raises red flags about the organization’s oversight and transparency. Without these elements in place, it may struggle to maintain public trust and effectively manage its responsibilities. Potential donors and stakeholders should weigh these factors carefully when considering their support for the Wadleigh Scholars Program Inc.


This AI summary has been generated from information found on Charity Navigator.

Is Wadleigh Scholars Program Inc legitimate?

Wadleigh Scholars Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wadleigh Scholars Program Inc 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.


Heare 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


Official website here: www.wadleighscholarsprogram.org

What is the mission statement of Wadleigh Scholars Program Inc?

The mission of Wadleigh Scholars Program Inc, as stated, is to aid students of color in their application process to independent, private boarding schools. This organization extends its support not only to the students but also to their families. Their primary goal is to provide the necessary assistance required for these students to successfully apply to these prestigious institutions. The program aims to create equal opportunities for education, regardless of racial background.


Official website here: www.wadleighscholarsprogram.org

Who is the CEO of Wadleigh Scholars Program Inc?

Christopher Auguste is the Director of Wadleigh Scholars Program Inc.


Official website here: www.wadleighscholarsprogram.org

What is the revenue of Wadleigh Scholars Program Inc?

Wadleigh Scholars Program Inc's revenue in 2022 was $35,964.


Official website here: www.wadleighscholarsprogram.org

Who are the executives of Wadleigh Scholars Program Inc and what are their salaries?

There 6 volunteers at Wadleigh Scholars Program Inc.


Here are 2 key members and their salaries:


Derrick Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Spooner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wadleighscholarsprogram.org

Where can I find the form 990 for Wadleigh Scholars Program Inc?

Wadleigh Scholars Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wadleighscholarsprogram.org

Learn more at the official website: www.wadleighscholarsprogram.org

Mission Statement of Wadleigh Scholars Program Inc

Wadleigh Scholars Program Inc is dedicated to aiding students of color in their pursuit of admission into independent, private boarding schools. This nonprofit organization's mission is to offer assistance not only to the students but also to their families throughout the application process. By providing this support, Wadleigh Scholars Program Inc aims to broaden the horizons of underrepresented students, giving them the opportunity to attend prestigious boarding schools that can greatly contribute to their personal and academic growth.

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Impact




August, 2024

The Wadleigh Scholars Program Inc has a significant impact on students of color and their families by providing assistance in applying to independent, private boarding schools. Through its mission to help students of color access these educational opportunities, the organization is contributing to promoting diversity and inclusivity in the academic sphere. Additionally, by supporting families throughout the application process, the program is helping to increase the representation of students from underrepresented backgrounds in prestigious educational institutions.




This information is meant to be a general summary of Wadleigh Scholars Program Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$35,964 (2022)
Expenses
$33,371 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $35,964

Assets and Liabilities:

  • Total Assets: $174,598
  • Total Liabilities: $0
  • Net Assets: $174,598

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Organization Details

Founding Year

1990

Principal Officer

Christopher Auguste

Main Address

1177 6th Avenue 25th floor, New York, NY, 10036

NTEE Category

Code: B82 - Education

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