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Single Parent Scholarship Fund Of B

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

EIN: 710816518 ✦ Bentonville, AR ✦ Designated as a 501(c)(3)

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Overview

What is Single Parent Scholarship Fund Of B?

The Single Parent Scholarship Fund of B, located in Bentonville, Arkansas, is a nonprofit organization dedicated to supporting single parents in their pursuit of post-secondary education. By providing scholarships and student assistance, this charity aims to help single parents achieve self-sufficiency, thereby lifting their families out of poverty. Scholarship funds can be used for educational expenses or to cover daily necessities such as rent, utilities, and childcare. Alongside financial aid, recipients receive guidance and emotional support from a licensed counselor, assisting them in navigating life's challenges as students, parents, and often employees. A new program, GAP, or Graduate Advancement Plan, was introduced in 2018 to further support the students' academic progress. With a team of seven employees, the Single Parent Scholarship Fund of B is committed to empowering single parents to improve their lives and those of their children.


Official website here: www.spsfbc.com

Is Single Parent Scholarship Fund Of B legitimate?

Single Parent Scholarship Fund Of B is a legitimate nonprofit organization registered as a 501(c)(3) entity. Single Parent Scholarship Fund Of B 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: $486,192

For more financial information, click here


Official website here: www.spsfbc.com

What is the mission statement of Single Parent Scholarship Fund Of B?

The Single Parent Scholarship Fund, aiming to assist single parent families, has a mission to provide scholarships and student support. This initiative aims to empower single parents to achieve self-sufficiency through post-secondary education, ultimately helping them and their children escape poverty. Scholarships offered by the fund can cover various expenses, including school fees and daily necessities like rent and utilities. The fund also provides guidance and support to address the challenges faced by these students, parents, and often employees. A licensed counselor is available for appointments to assist the single parents and their children as well. In 2018, the fund introduced a new program called GAP or Graduate Advancement Plan.


Official website here: www.spsfbc.com

Who is the CEO of Single Parent Scholarship Fund Of B?

Tyler Clark is the Executive Di of Single Parent Scholarship Fund Of B.


Official website here: www.spsfbc.com

What is the revenue of Single Parent Scholarship Fund Of B?

Single Parent Scholarship Fund Of B's revenue in 2021 was $1,291,239.


Official website here: www.spsfbc.com

Who are the executives of Single Parent Scholarship Fund Of B and what are their salaries?

The average compensation at Single Parent Scholarship Fund Of B during 2021 was $69,456. There are 7 employees and 54 volunteers at Single Parent Scholarship Fund Of B.


Here are 16 key members and their salaries:


Jack Eaton (Executive Di)
  • Compensation: $75,696
  • Related: $0
  • Other: $0
Tyler Clark (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Divine (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittney Duke (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Heman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Kitchen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felecia Mccranie (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Meyer (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Overton (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Riley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Schneider (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelle Summers (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Soderquist Togami (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Willis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Wood (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spsfbc.com

Where can I find the form 990 for Single Parent Scholarship Fund Of B?

Single Parent Scholarship Fund Of B's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.spsfbc.com

Learn more at the official website: www.spsfbc.com

Mission Statement of Single Parent Scholarship Fund Of B

The Single Parent Scholarship Fund of B, in essence, is committed to empowering single parent families in their pursuit of self-sufficiency through post-secondary education. By providing scholarships and student support, this nonprofit organization aims to help these families break the cycle of poverty. The scholarships offered by the Fund can be utilized for various expenses, including school-related costs and personal necessities such as rent and utilities. Additionally, the recipients of these scholarships receive guidance and support to navigate the challenges they encounter as students, parents, and often employees. This support includes access to a licensed counselor, who is available by appointment, to assist not only the single parent but also their children. In 2018, the Fund introduced a new program called GAP or Graduate Advancement Plan, further enhancing its support services for single parent families.

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Impact




October, 2024

The Single Parent Scholarship Fund of Benton County has a profound impact on the lives of single parents and their children in Benton County. By providing financial support through scholarships, it alleviates the financial burdens that often hinder single parents from pursuing post-secondary education. The funds assist not only with school-related expenses but also cover essential day-to-day costs, such as rent, utilities, and childcare, which allows parents to focus on their studies without the overwhelming stress of financial instability.

Additionally, the program offers invaluable guidance and support tailored to the unique challenges faced by single parents. With access to a licensed counselor, recipients can navigate personal and academic hurdles, improving their overall well-being and academic performance. The program emphasizes holistic support, understanding that a stable home environment is essential for both the parent and child’s success.

In 2018, the introduction of the Graduate Advancement Plan further broadened its scope, ensuring that parents have continued support as they transition beyond their initial educational goals. By empowering single parents through education and support, the fund plays a critical role in breaking the cycle of poverty, ultimately benefiting future generations as these families work towards self-sufficiency and stability.




This information is meant to be a general summary of Single Parent Scholarship Fund Of B. 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
$1,291,239 (2021)
Expenses
$1,206,928 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $767
  • Gross Receipts: $1,320,277

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1998

Principal Officer

Tyler Clark

Main Address

2601 SW D ST, BENTONVILLE, AR, 72712

NTEE Category

Code: B82 - Education

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