Governor's Scholars Program Inc

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

EIN: 611026274 ✦ Frankfort, KY ✦ Designated as a 501(c)(3)

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Overview

What is Governor's Scholars Program Inc?

Governor's Scholars Program Inc, situated in Frankfort, Kentucky, is a nonprofit organization that offers high school seniors a unique opportunity for growth. Their mission involves providing these students with an immersive experience in academic, social, and personal development. They achieve this by placing them on college campuses for five weeks. In 2022, the program welcomed 1,052 participants, benefiting from this enriching experience. The organization, with a team of 10 dedicated individuals, is committed to fostering the holistic growth of young minds.


Official website here: www.gsp.ky.gov

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

Governor's Scholars Program Inc has achieved an impressive 92% rating from Charity Navigator, reflecting its strong accountability and financial management. The score is derived entirely from the Accountability & Finance beacon, where the organization has excelled in various criteria, including having a fully independent board and a robust audit and oversight committee.

The charity boasts perfect scores in key areas such as board independence and the management of financial statements, indicating a commitment to transparency and responsible governance. It effectively allocates a substantial portion of its funds towards program expenses, ensuring that most resources directly support its mission.

However, there is a notable limitation regarding the absence of a whistleblower policy, which is typically considered an important aspect of organizational integrity and accountability. Despite this, the overall strengths of the Governor's Scholars Program Inc suggest a well-managed organization dedicated to its objectives.


This AI summary has been generated from information found on Charity Navigator.

Is Governor's Scholars Program Inc legitimate?

Governor's Scholars Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Governor's Scholars Program 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: $154,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $322,385

For more financial information, click here


Official website here: www.gsp.ky.gov

What is the mission statement of Governor's Scholars Program Inc?

The Governor's Scholars Program Inc is dedicated to providing high school seniors with opportunities for growth in both academic and social spheres, as well as on a personal level. The program achieves this objective by immersing rising seniors in a five-week experience on college campuses, where they can expand their knowledge, engage in social activities, and foster personal development. In 2022, the program welcomed 1,052 students, offering them a valuable learning experience.


Official website here: www.gsp.ky.gov

Who is the CEO of Governor's Scholars Program Inc?

Aris Cedeno is the Executive Di of Governor's Scholars Program Inc.


Official website here: www.gsp.ky.gov

What is the revenue of Governor's Scholars Program Inc?

Governor's Scholars Program Inc's revenue in 2022 was $2,143,848.


Official website here: www.gsp.ky.gov

Who are the executives of Governor's Scholars Program Inc and what are their salaries?

The average compensation at Governor's Scholars Program Inc during 2022 was $47,708. There are 10 employees at Governor's Scholars Program Inc.


Here are 34 key members and their salaries:


Aris Cedeno (Executive Di)
  • Compensation: $154,700
  • Related: $0
  • Other: $0
Aaron Thompson Ex-Officio (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Beshear Ex-Officio (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason E Glass Ex-Officio (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis K Berman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christen Boone (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Braswell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Buckentin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Todd Davis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric G Farris (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Gabbert (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trey Grayson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen M Hunt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luther Deaton Jr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Link (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Gerassimides Md (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Malone (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne M Martin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Srini Matam (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William E Mudd (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oj Oleka (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul E Patton (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Coleman Prtichard (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Ramsey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Rickett (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Roach (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold H Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan M Stein (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Skidmore (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sophia Voskuhl (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Whitney Frazier Watt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark C Whitlow (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Lee Williams (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Rev Anisa Cottrell Willis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gsp.ky.gov

Where can I find the form 990 for Governor's Scholars Program Inc?

Governor's Scholars Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gsp.ky.gov

Learn more at the official website: www.gsp.ky.gov

Mission Statement of Governor's Scholars Program Inc

Governor's Scholars Program Inc is dedicated to offering high school seniors the chance to flourish in both academic and social domains, as well as personal development. The organization's primary mission is to create an environment that encourages growth in all these areas for these rising seniors. By providing them with a unique five-week experience on college campuses, the program aims to broaden their horizons and prepare them for the challenges they may face in their future academic and personal lives. In 2022, 1,052 students participated in this transformative program, highlighting its impact and reach within the educational community.

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Impact




July, 2024

Governor's Scholars Program Inc has a significant impact on high school seniors by providing them with valuable opportunities for growth in academics, social areas, and personal development. Through the program's immersive five-week experience on college campuses, 1,052 students in 2022 were able to enhance their academic skills, foster new social connections, and experience personal growth. By focusing on these key areas, the program equips students with the necessary tools and experiences to succeed in their future endeavors. This impactful initiative contributes to shaping well-rounded individuals who are better prepared for the challenges of higher education and beyond.




This information is meant to be a general summary of Governor's Scholars Program 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
$2,143,848 (2022)
Expenses
$2,498,016 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $72
  • Gross Receipts: $2,143,848

Assets and Liabilities:

  • Total Assets: $475,523
  • Total Liabilities: $75,846
  • Net Assets: $399,677

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Organization Details

Founding Year

1983

Principal Officer

Aris Cedeno

Main Address

112 CONSUMER LANE, FRANKFORT, KY, 40601

NTEE Category

Code: B28 - Education

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