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Sponsors For Academic Talent Inc

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

EIN: 561454833 ✦ Jacksonville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Sponsors For Academic Talent Inc?

Sponsors for Academic Talent Inc, located in Jacksonville, North Carolina, is a nonprofit organization that recognizes and rewards high academic achievements and community service. They offer scholarships to deserving high school seniors from Onslow County, requiring a minimum 3.5 GPA, a 1100 SAT score, and completion of 100 hours of community service at approved nonprofit agencies within the county. In the 2022 cycle, they awarded 46,750 in scholarships to 52 talented and civic-minded students.

Is Sponsors For Academic Talent Inc legitimate?

Sponsors For Academic Talent Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sponsors For Academic Talent 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Sponsors For Academic Talent Inc?

Sponsors For Academic Talent Inc's mission is centered around providing scholarships to high school seniors. To qualify for these scholarships, students from Onslow County must meet specific criteria. This includes achieving a minimum GPA of 3.5, scoring 1100 on the SAT, and completing 100 hours of community service at approved non-profit agencies within Onslow County. The organization has awarded a substantial sum of $46,750 in scholarships to 52 deserving students who have met these requirements.

Who is the CEO of Sponsors For Academic Talent Inc?

Ann Maready is the President of Sponsors For Academic Talent Inc.

What is the revenue of Sponsors For Academic Talent Inc?

Sponsors For Academic Talent Inc's revenue in 2022 was $104,433.

Who are the executives of Sponsors For Academic Talent Inc and what are their salaries?

There 21 volunteers at Sponsors For Academic Talent Inc.


Here are 5 key members and their salaries:


Ann Maready (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Hambright (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Anderson (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Kelley (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edie Marshburn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sponsors For Academic Talent Inc?

Sponsors For Academic Talent Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sponsors For Academic Talent Inc

Sponsors for Academic Talent Inc, a nonprofit organization, is dedicated to recognizing the achievements of high school seniors in Onslow County, North Carolina. Its mission is to award scholarships to deserving students who have demonstrated commitment to their community. To qualify for these scholarships, candidates must meet certain criteria. They must maintain a 3.5 GPA, score 1100 on the SAT, and complete 100 hours of community service at approved non-profit agencies within Onslow County. By doing so, Sponsors for Academic Talent Inc aims to encourage and reward students who excel in academics and contribute positively to their community. Since its inception, the organization has awarded a total of $46,750 in scholarships to 52 deserving high school seniors.

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Impact




October, 2024

Sponsors For Academic Talent Inc has a significant impact on the educational and community landscape of Onslow County. By awarding scholarships to Onslow High School seniors based on academic achievements and community service, the organization directly supports students in achieving their higher education goals. In the recent cycle, it awarded $46,750 in scholarships to 52 deserving seniors who met stringent criteria, including a minimum GPA of 3.5, a score of 1100 on the SAT, and a commitment to completing 100 hours of community service at approved nonprofit agencies.

This initiative not only provides financial assistance for college but also fosters a culture of community engagement and academic excellence among students. By requiring community service, Sponsors For Academic Talent Inc encourages students to give back to their community while pursuing their educational aspirations, thereby creating a more connected and compassionate future generation. The dual emphasis on academics and service underscores the organization's commitment to developing well-rounded individuals who are prepared to contribute positively to society.




This information is meant to be a general summary of Sponsors For Academic Talent 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.

Revenue
$104,433 (2022)
Expenses
$49,193 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,539
  • Gross Receipts: $104,433

Assets and Liabilities:

  • Total Assets: $613,296
  • Total Liabilities: $0
  • Net Assets: $613,296

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Organization Details

Founding Year

1985

Principal Officer

Ann Maready

Main Address

PO BOX 233, JACKSONVILLE, NC, 28541

NTEE Category

Code: B82Z - Education

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