Overview
What is Young Eisner Scholars?
Young Eisner Scholars (YES Scholars) is a nonprofit organization dedicated to empowering promising students from underprivileged backgrounds in Los Angeles, New York City, Chicago, and rural Appalachian North Carolina. They identify these talented individuals from their respective communities and offer them comprehensive educational support to achieve college and career success. Their approach involves a 12-year program that begins in the 6th grade and includes three distinct phases. Phase one focuses on strengthening core skills and providing supplemental resources through a rigorous math and logic curriculum, summer programming, and preparation for competitive high schools. In the middle school phase, scholars attend top-tier independent, public, boarding, and charter schools, and transition into high school with specialized support for academic tutoring, internships, mentoring, workshops, and college admissions counseling. The final phase focuses on college success, persistence, and graduation, as well as career placement. With a strong emphasis on fostering independence and self-advocacy, YES Scholars boasts an impressive success rate. Over 94% of their scholars persist and graduate from college, with many attending and graduating from prestigious institutions such as medical, dental, and law schools. Their graduates have entered various industries, contributing to companies like Apple, Morgan Stanley, Google, and The LA Philharmonic. YES Scholars currently serves over 720 students across the country and aims to expand its reach annually. Their mission is to uphold America's promise of equal opportunity for equal talent, ensuring that these young scholars from disadvantaged backgrounds have the same chances to excel as their more privileged counterparts.
Official website here: www.yesscholars.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Young Eisner Scholars has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is based entirely on their accountability and finance score, which stands at 97%. This reflects excellent financial management practices and adherence to transparency standards, as evidenced by their independent board structure and comprehensive oversight measures.
The organization boasts a strong independent board with 92% of its members being independent, which contributes to effective governance. Their financial statements are subject to rigorous audit and oversight, and they maintain critical policies, such as conflict of interest and whistleblower protections, further reinforcing their commitment to ethical operations. Additionally, their program expense ratio of 81.40% demonstrates a significant portion of funds directed towards their mission.
While the organization displays robust financial health, highlighted by a low liabilities to assets ratio of 2.77% and favorable fundraising efficiency, there are no noted limitations in the provided data. Young Eisner Scholars appears to be a well-managed nonprofit, committed to transparency and effective use of resources in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Young Eisner Scholars legitimate?
Young Eisner Scholars is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Eisner Scholars 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: $140,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $810,929
For more financial information, click here
Official website here: www.yesscholars.org
What is the mission statement of Young Eisner Scholars?
The mission of Young Eisner Scholars, often referred to as YES Scholars, is centered around promoting the idea of equal opportunity for talent, regardless of economic background. They identify gifted students from underprivileged communities in various cities, including Los Angeles, New York City, Chicago, and rural Appalachian North Carolina. The organization's goal is to provide these students with the necessary educational resources and support to make college and career success achievable. This is accomplished through long-term access to educational opportunities.
Official website here: www.yesscholars.org
What is the revenue of Young Eisner Scholars?
Young Eisner Scholars's revenue in 2023 was $2,345,421.
Official website here: www.yesscholars.org
Who are the executives of Young Eisner Scholars and what are their salaries?
The average compensation at Young Eisner Scholars during 2023 was $45,285. There are 21 employees and 40 volunteers at Young Eisner Scholars.
Here are 12 key members and their salaries:
- Compensation: $114,859
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- Other: $10,737
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Official website here: www.yesscholars.org
Where can I find the form 990 for Young Eisner Scholars?
Young Eisner Scholars's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.yesscholars.org
Learn more at the official website: www.yesscholars.org
Mission Statement of Young Eisner Scholars
Young Eisner Scholars, or YES Scholars, is a dedicated organization that strives to uphold America's commitment to equal opportunities for all, focusing on talented students from economically disadvantaged backgrounds in Los Angeles, New York City, Chicago, and rural Appalachian North Carolina. Their mission is to equip these promising young individuals with the necessary long-term educational resources and support, thereby making a college and career-oriented future an achievable goal for them.
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Impact
July, 2024
Young Eisner Scholars has a significant impact on the lives of students from low-income communities by providing them with the necessary resources and support to succeed in their academic and professional pursuits. Through a data-driven approach, Young Eisner Scholars supports students starting in the 6th grade, focusing on developing core skills and providing essential resources to ensure they are competitive with their more privileged peers.
The organization's programming includes rigorous math and logic curriculum, summer programs to prevent academic backslides, individualized high school support, college admissions counseling, and career placement assistance. As a result of their efforts, 100% of YES scholars are accepted into top colleges, with 94% of students persisting and graduating.
Moreover, Young Eisner Scholars has successfully guided its graduates into various careers, with alumni excelling in fields ranging from medicine and law to technology and finance. The organization's impact extends beyond individual success stories, as its graduates contribute to workplaces at renowned companies, furthering diversity and representation in different sectors.
Overall, Young Eisner Scholars is dedicated to promoting equal opportunity for all students, regardless of their socio-economic background, and has demonstrated a concrete and lasting impact on the lives of its participants.
This information is meant to be a general summary of Young Eisner Scholars. 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 2023.
- Investment Income: $103,950
- Gross Receipts: $2,345,421
Assets and Liabilities:
- Total Assets: $7,218,173
- Total Liabilities: $114,288
- Net Assets: $7,103,885
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Organization Details
Founding Year
2010
Principal Officer
Rebecca Tucker
Website
www.yesscholars.orgNTEE Category
Code: P20 - Human services
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