Overview
What is Alray Taylor Second Chance Scholarship Fund Corporation?
Alray Taylor Second Chance Scholarship Fund Corporation is a compassionate nonprofit organization based in Boston, Massachusetts. With a mission to aid in the educational pursuit of local students, they offer scholarships, mentoring, and educational assistance. Specifically, they support graduates from Boston Public High Schools or Boston Charter High Schools who began college, trade school, or vocational programs upon graduation but were hindered by various family, personal, or educational challenges in completing their studies. The organization, which employs a small team of three individuals, emphasizes their dedication to helping these students overcome obstacles and succeed in their chosen educational paths.
Official website here: www.alray.org
Is Alray Taylor Second Chance Scholarship Fund Corporation legitimate?
Alray Taylor Second Chance Scholarship Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alray Taylor Second Chance Scholarship Fund Corporation 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: $102,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,315
For more financial information, click here
Official website here: www.alray.org
What is the mission statement of Alray Taylor Second Chance Scholarship Fund Corporation?
The Alray Taylor Second Chance Scholarship Fund Corporation's mission is to offer scholarships, mentoring, and educational assistance to graduates from Boston Public High Schools or Boston Charter High Schools. These individuals are aiming to complete their college, trade school, or vocational programs, which they started upon graduation but were unable to finish due to various family, personal, or educational reasons. The organization's goal is to provide the necessary support to help these students overcome their obstacles and achieve their educational goals.
Official website here: www.alray.org
What is the revenue of Alray Taylor Second Chance Scholarship Fund Corporation?
Alray Taylor Second Chance Scholarship Fund Corporation's revenue in 2024 was $598,144.
Official website here: www.alray.org
Who are the executives of Alray Taylor Second Chance Scholarship Fund Corporation and what are their salaries?
The average compensation at Alray Taylor Second Chance Scholarship Fund Corporation during 2024 was $45,855. There are 5 employees and 50 volunteers at Alray Taylor Second Chance Scholarship Fund Corporation.
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- Compensation: $95,495
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- Other: $1,066
Official website here: www.alray.org
Where can I find the form 990 for Alray Taylor Second Chance Scholarship Fund Corporation?
Alray Taylor Second Chance Scholarship Fund Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.alray.org
Learn more at the official website: www.alray.org
Mission Statement of Alray Taylor Second Chance Scholarship Fund Corporation
Alray Taylor Second Chance Scholarship Fund Corporation is an organization committed to offering scholarship, mentoring, and educational assistance to graduates from Boston Public High Schools or Boston Charter High Schools. These individuals are pursuing the completion of their college, trade school, or vocational programs, which they started upon graduation but were unable to finish due to various family, personal, or educational reasons. The mission of this nonprofit is to provide a second chance for these students to achieve their educational goals and improve their future prospects. The fund offers financial aid as well as mentoring services to guide and support these students, ensuring they overcome the obstacles that prevented them from completing their initial courses.
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Impact
October, 2024
The Alray Taylor Second Chance Scholarship Fund Corporation significantly impacts the educational landscape for graduates of Boston Public and Charter High Schools. By providing scholarships, mentoring, and educational assistance, it empowers students who have faced barriers that hindered their ability to complete college, trade school, or vocational programs.
This initiative addresses the unique challenges many Boston students encounter—be it family responsibilities, personal struggles, or educational setbacks—affording them a critical opportunity to pursue their goals. Through financial support and guidance, the fund not only alleviates the burden of tuition and educational costs but also fosters a supportive community that encourages resilience and determination.
By targeting individuals who have already embarked on their educational journeys yet could not complete them, the program helps to close the gap between aspiration and achievement. This fosters a stronger workforce in Boston and promotes personal growth and empowerment among participants, ultimately contributing to the overall educational advancement and socio-economic development of the community.
This information is meant to be a general summary of Alray Taylor Second Chance Scholarship Fund Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $30,742
- Gross Receipts: $598,144
Assets and Liabilities:
- Total Assets: $647,176
- Total Liabilities: $14,072
- Net Assets: $633,104
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Organization Details
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