Overview
What is Scholarships For Scholars Inc?
Scholarships For Scholars Inc is a nonprofit organization situated in Annapolis, Maryland, specifically at 2644 Riva Road. Established with the mission to recognize and reward scholastic excellence in Anne Arundel County, this organization grants scholarships to deserving high school graduates. In 2020 alone, they awarded over $200,000 in college scholarships to approximately 36 high school students from the area. Their team consists of a small but dedicated workforce of one individual.
Official website here: www.scholarshipsforscholars.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Scholarships For Scholars Inc has received a commendable rating of 97%, highlighting its strong performance in accountability and finance. With a perfect score for having an entirely independent board and no material diversion of assets, the organization demonstrates a commitment to ethical governance. Its robust policies, including conflict of interest and whistleblower protections, further reinforce its accountability to donors and stakeholders.
The organization allocates a significant portion of its expenses—approximately 86.98%—to its programs, indicating a strong focus on fulfilling its mission of providing scholarships. This efficiency is complemented by a low liabilities-to-assets ratio of 1.60%, showcasing sound financial management. The transparency of its operations is emphasized by the inclusion of key documents such as board meeting minutes and policy statements on its website.
While the data paints a positive picture of Scholarships For Scholars Inc, ongoing monitoring of their performance and impact on scholarship recipients is advisable. Overall, the organization stands out as a responsible choice for donors looking to support educational opportunities for scholars.
This AI summary has been generated from information found on Charity Navigator.
Is Scholarships For Scholars Inc legitimate?
Scholarships For Scholars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scholarships For Scholars 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.scholarshipsforscholars.org
What is the mission statement of Scholarships For Scholars Inc?
Scholarships For Scholars Inc is a nonprofit organization established with the mission to recognize and reward academic excellence among high school students. Their primary activity involves granting scholarships to qualified graduates in Anne Arundel County. The organization's aim is to support these students in their pursuit of higher education by providing financial aid. As of recorded data, Scholarships For Scholars Inc has awarded over $200,000 in college scholarships to approximately 36 deserving students from the county.
Official website here: www.scholarshipsforscholars.org
Who is the CEO of Scholarships For Scholars Inc?
Jeanne Shaw is the Chairperson of Scholarships For Scholars Inc.
Official website here: www.scholarshipsforscholars.org
What is the revenue of Scholarships For Scholars Inc?
Scholarships For Scholars Inc's revenue in 2022 was $120,266.
Official website here: www.scholarshipsforscholars.org
Who are the executives of Scholarships For Scholars Inc and what are their salaries?
The average compensation at Scholarships For Scholars Inc during 2022 was $50,000. There is 1 employee and 21 volunteers at Scholarships For Scholars Inc.
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Official website here: www.scholarshipsforscholars.org
Where can I find the form 990 for Scholarships For Scholars Inc?
Scholarships For Scholars Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scholarshipsforscholars.org
Learn more at the official website: www.scholarshipsforscholars.org
Mission Statement of Scholarships For Scholars Inc
Scholarships For Scholars Inc, a nonprofit corporation, is established with the mission to recognize and reward scholastic excellence among qualified graduating high school students in Anne Arundel County. This organization seeks to achieve this mission by granting college scholarships to deserving individuals. Through its initiatives, Scholarships For Scholars Inc has awarded over $200,000 in scholarships to approximately 36 high school students, thereby helping to alleviate the financial burden of higher education for these talented young individuals. The organization's mission is a testament to its commitment to fostering academic excellence and providing opportunities for deserving students to pursue their higher education dreams.
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Impact
October, 2024
Scholarships For Scholars Inc significantly enhances educational opportunities for high school students in Anne Arundel County by providing financial support to those who demonstrate scholastic excellence. In its efforts, the organization awarded over $200,000 in college scholarships to approximately 36 deserving graduates, empowering them to pursue higher education and advance their academic goals. By investing in promising students, Scholarships For Scholars Inc fosters a culture of achievement and encourages the next generation of leaders in the community. The impact of these scholarships extends beyond financial assistance, building confidence and motivation among recipients to strive for academic excellence and create a brighter future.
This information is meant to be a general summary of Scholarships For Scholars 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33,151
- Gross Receipts: $794,472
Assets and Liabilities:
- Total Assets: $2,715,259
- Total Liabilities: $43,465
- Net Assets: $2,671,794
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Organization Details
Founding Year
1984
Phone
(410) 544-2341Principal Officer
Jeanne Shaw
Main Address
2644 RIVA ROAD, ANNAPOLIS, MD, 21401
NTEE Category
Code: B99 - Education
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