Overview
What is Crosby Scholars Community Partnership?
Crosby Scholars Community Partnership is a nonprofit organization situated in Winston-Salem, North Carolina. Their primary mission is to prepare public school students in Forsyth County for successful college enrollment. They offer last-dollar grant assistance to graduating seniors and college students who meet certain criteria, providing up to 1,200 dollars for up to four years of college. The grants are awarded based on financial need, demonstrated by FAFSA results and the program's need analysis formula. The program encourages good decision-making, develops strong academic skills, and educates students about college admission requirements. Students can join as early as the 6th grade and attend workshops called Saturday Academy on college campuses, covering topics such as anger management, self-esteem, study skills, and college survival skills. This guidance helps students prepare for college enrollment and scholarship/financial aid opportunities.
Official website here: www.crosbyscholars.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Crosby Scholars Community Partnership has received a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong overall performance in accountability, finance, and impact measurement. The organization’s high score indicates a commitment to transparency and effective use of funds, with a program expense ratio of 75.43%, suggesting that a significant portion of its resources is dedicated to its mission.
The charity excels particularly in impact measurement, achieving a perfect score of 100. This indicates that Crosby Scholars effectively tracks and demonstrates its outcomes, having served 956 beneficiaries over a recent year-long period. Such a strong performance in impact suggests that the organization successfully meets its goals and makes a meaningful difference in the community.
While the financial ratios indicate sound management, with liabilities to assets ratio standing at just 0.96%, the charity may still face challenges in scaling its impact further. However, the overall strengths significantly highlight Crosby Scholars’ effectiveness and commitment to its mission, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Crosby Scholars Community Partnership legitimate?
Crosby Scholars Community Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crosby Scholars Community Partnership 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: $148,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,189,066
For more financial information, click here
Official website here: www.crosbyscholars.org
What is the mission statement of Crosby Scholars Community Partnership?
The Crosby Scholars Community Partnership's mission is centered around preparing public school students in Forsyth County for successful college enrollment. This is accomplished through the Crosby Scholars program, which assists middle and high school students by preparing them for higher education. The program provides last dollar grant assistance to graduating seniors who meet certain criteria, such as achieving a 2.0 cumulative GPA, demonstrating financial need, and being offered admission to a program of study. These grants can cover up to 1200 for four years of college. The program also encourages good decision-making, develops strong academic skills, and helps students understand college admission requirements. Students can join the program as early as sixth grade and attend workshops called Saturday Academy on college campuses to develop the foundational skills necessary for college success.
Official website here: www.crosbyscholars.org
Who is the CEO of Crosby Scholars Community Partnership?
Mona Lovett is the Executive Di of Crosby Scholars Community Partnership.
Official website here: www.crosbyscholars.org
What is the revenue of Crosby Scholars Community Partnership?
Crosby Scholars Community Partnership's revenue in 2022 was $3,974,703.
Official website here: www.crosbyscholars.org
Who are the executives of Crosby Scholars Community Partnership and what are their salaries?
The average compensation at Crosby Scholars Community Partnership during 2022 was $19,962. There are 67 employees and 250 volunteers at Crosby Scholars Community Partnership.
Here are 21 key members and their salaries:
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Official website here: www.crosbyscholars.org
Where can I find the form 990 for Crosby Scholars Community Partnership?
Crosby Scholars Community Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.crosbyscholars.org
Learn more at the official website: www.crosbyscholars.org
Mission Statement of Crosby Scholars Community Partnership
Crosby Scholars Community Partnership, a renowned organization, is committed to preparing public school students in Forsyth County for successful college enrollment. Their mission is to assist middle and high school students by preparing them for college, offering last-dollar grant assistance to graduating seniors and college students who complete the program. These grants, up to $1200 for four years of college, are awarded to students who demonstrate financial need, have achieved a 2.0 cumulative GPA/QPA, and have been offered admission to a program of study. The program helps students make good decisions, develop strong academic skills, and understand the requirements for college admission early, thereby preparing them for college enrollment and scholarship/financial aid opportunities. Students can join the Crosby Scholars program as early as sixth grade to begin the process of preparing for college. The program conducts workshops called Saturday Academy on college campuses, covering topics such as anger management, building self-esteem, communication skills, time management, study skills, test-taking skills, conflict resolution, SAT preparation, career exploration, college admissions, scholarships, financial aid, and college survival skills. These classes help students develop the foundation for success that will prepare them better for college. Students in grades 9-11 meet monthly with volunteers to better prepare for successful college enrollment, and senior Crosby Scholars meet one-on-one with an advisor to help with the senior year college application and scholarship process.
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Impact
October, 2024
Crosby Scholars Community Partnership actively prepares public school students in Forsyth County for successful college enrollment. By providing comprehensive support and guidance throughout the academic journey, the program fosters essential skills and knowledge from as early as the sixth grade.
One of the key impacts is the provision of last dollar grant assistance to graduating seniors who meet specific criteria, ensuring that financial barriers do not hinder their pursuit of higher education. Grants of up to $1,200 per year for four years are awarded based on academic performance and demonstrated financial need, helping students bridge the gap in funding necessary to attend college.
The program emphasizes skill development through workshops known as Saturday Academy, covering a wide range of topics from academic success strategies to life skills such as time management and conflict resolution. Monthly meetings for students in grades 9-11, guided by volunteers, further enhance preparedness for college, while personalized one-on-one advising for seniors streamlines the college application and scholarship process.
Overall, Crosby Scholars plays a crucial role in equipping students with the tools they need to navigate the challenges of college admissions, thereby increasing their chances of successful enrollment and completion of higher education.
This information is meant to be a general summary of Crosby Scholars Community Partnership. 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 2022.
- Investment Income: $2,620
- Program Service Revenue: $1,200,000
- Gross Receipts: $4,041,068
Assets and Liabilities:
- Total Assets: $5,853,564
- Total Liabilities: $58,013
- Net Assets: $5,795,551
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOODWILL AGREEMENT
Revenue
$1,200,000
Organization Details
Founding Year
1997
Phone
(336) 725-5371Principal Officer
Mona Lovett
Main Address
2701 UNIVERSITY PARKWAY, WINSTONSALEM, NC, 27105
Website
www.crosbyscholars.orgNTEE Category
Code: B82 - Education
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