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Proscholars Athletics

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

EIN: 471749915 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Proscholars Athletics?

Proscholars Athletics is a nonprofit organization situated in the Bronx, New York. Their primary focus is on supporting urban youth aged 10-18 residing in the New York tri-state area. They operate as a college preparatory program, integrating sports into their curriculum. Proscholars Athletics provides academic assistance, promotes athletic marketing, and offers social-emotional support and development for its participants. Their mission is to help these young individuals secure scholarship awards upon completion of their academic year. In 2019 alone, the program successfully aided approximately 30 students in securing over $18 million in athletic-based scholastic awards at both the collegiate and secondary school levels. This dedicated nonprofit is led by a team of one dedicated professional.

Is Proscholars Athletics legitimate?

Proscholars Athletics is a legitimate nonprofit organization registered as a 501(c)(3) entity. Proscholars Athletics 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $766

For more financial information, click here

What is the mission statement of Proscholars Athletics?

Proscholars Athletics is a sports-focused college preparatory program aimed at urban youth between the ages of 10 and 18. Its mission is to provide academic support, athletic marketing, and social-emotional development to its participants, with the ultimate goal of securing scholarships for them upon completion of their academic year. During the year 2019, the scholarship program managed by Proscholars Athletics helped secure approximately $18 million in athletic-based scholastic awards for around 30 student-athletes at both the collegiate and secondary school levels.

Who is the CEO of Proscholars Athletics?

Terrance Williams is the Executive Director of Proscholars Athletics.

What is the revenue of Proscholars Athletics?

Proscholars Athletics's revenue in 2022 was $202,637.

Who are the executives of Proscholars Athletics and what are their salaries?

The average compensation at Proscholars Athletics during 2022 was $40,766. There is 1 employee and 20 volunteers at Proscholars Athletics.


Here are 4 key members and their salaries:


Terrance Williams (Executive Director)
  • Compensation: $40,000
  • Related: $0
  • Other: $0
Andre Charles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Weir (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Carter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Proscholars Athletics?

Proscholars Athletics's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Proscholars Athletics

Proscholars Athletics is a sports-focused college preparatory program designed to serve urban youth aged 10 to 18 in the New York tri-state area. Their mission is to equip these young individuals with the necessary academic support, athletic marketing, and social-emotional development to secure scholarships at the collegiate and secondary school levels. By providing these resources, Proscholars Athletics aims to help its participants succeed academically and financially, ensuring they are well-prepared for their future endeavors. The program's scholarship program alone has helped secure approximately $18 million in athletic-based scholastic awards for over 30 student-athletes during the 2019 calendar year.

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Impact




October, 2024

Proscholars Athletics has a significant impact on the lives of urban youth in the New York Tri-State area, particularly those aged 10 to 18. By combining sports with academic support, the program empowers student-athletes to excel in their educational pursuits while developing their athletic skills.

The scholarship program has been particularly noteworthy, having facilitated approximately $18 million in athletic-based scholastic awards for over 30 student-athletes in just one year. This level of financial support not only eases the burden of college expenses but also underscores the potential for academic and athletic success among participants.

In addition to financial aid, Proscholars Athletics provides comprehensive support encompassing academic guidance, athletic marketing, and social-emotional development. This holistic approach ensures that participants are well-prepared for the challenges of higher education and life beyond school, fostering resilience and a sense of community.

Through these initiatives, Proscholars Athletics not only elevates the educational and athletic aspirations of urban youth but also contributes to the overall empowerment of the community, helping to build a brighter future for the next generation.




This information is meant to be a general summary of Proscholars Athletics. 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
$202,637 (2022)
Expenses
$360,803 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22
  • Gross Receipts: $202,637

Assets and Liabilities:

  • Total Assets: $148,935
  • Total Liabilities: $98
  • Net Assets: $148,837

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Organization Details

Founding Year

2014

Principal Officer

Terrance Williams

Main Address

PO BOX 73, BRONX, NY, 10451

NTEE Category

Code: N62 - Recreation

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