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Answer Scholarship Inc

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

EIN: 810834789 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Answer Scholarship Inc?

Answer Scholarship Inc, based in Charlotte, North Carolina, is a nonprofit organization dedicated to empowering and supporting mothers pursuing higher education. One of their key initiatives is the Mentors for Mom program, which pairs scholars with volunteer mentors to offer guidance and support in balancing family, work, and school. Regular meetings between scholars and mentors provide advice, motivation, and a sounding board, while monthly group sessions with experts cover topics such as financial planning, professional development, and women's health. Scholars are required to participate in this program as part of their scholarship terms, allowing the organization to monitor their progress and address any issues before they become significant setbacks. Answer Scholarship Inc's mission is to prepare these mothers for academic, personal, and professional success, serving as role models for their children. The organization has a small team of dedicated individuals working towards this mission.


Official website here: www.answerscholarship.org

What do the Facebook reviews say about Answer Scholarship Inc?

100% of 12 reviewers on Facebook recommend this charity. Here is a summary of their reviews:

The sentiments expressed highlight that Answer Scholarship Inc is highly regarded by those who have interacted with it. Reviewers consistently commend the organization for its impactful work and the positive experiences they have had with the staff. Many feel that the commitment to supporting scholarship recipients shines through in their programs.

Overall, it appears that Answer Scholarship Inc effectively meets the needs of its beneficiaries and maintains a reputation of reliability and dedication within the community. The overwhelming support indicates strong satisfaction with the services they provide.


This AI summary has been generated from reviews found on Facebook.

Is Answer Scholarship Inc legitimate?

Answer Scholarship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Answer Scholarship 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: $27,946
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.answerscholarship.org

What is the mission statement of Answer Scholarship Inc?

Answer Scholarship Inc's mission is focused on empowering mothers of school-age children by mentoring and preparing them to attain a college education. This organization aims to instill in these mothers the role of being exemplary academic, personal, and professional role models for their children. A significant aspect of their mission involves connecting scholars with volunteer mentors through their Mentors for Mom program. These mentors provide support, guidance, and motivation, helping scholars manage their family, work, and academic responsibilities. Scholars and mentors meet regularly for advice and share experiences in group sessions, learning from experts on topics such as financial planning, professional development, and women's health. Scholars are required to participate in the mentorship program as a condition of their scholarship.


Official website here: www.answerscholarship.org

Who is the CEO of Answer Scholarship Inc?

Susan Andersen is the Ceo of Answer Scholarship Inc. The CEO's salary of Answer Scholarship Inc is $22,000 and their total compensation is $27,946.


Official website here: www.answerscholarship.org

What is the revenue of Answer Scholarship Inc?

Answer Scholarship Inc's revenue in 2022 was $195,150.


Official website here: www.answerscholarship.org

Who are the executives of Answer Scholarship Inc and what are their salaries?

The average compensation at Answer Scholarship Inc during 2022 was $27,946. There is 1 employee and 65 volunteers at Answer Scholarship Inc.


Here are 16 key members and their salaries (Answer Scholarship Inc's CEO's salary is $22,000 and their total compensation is $27,946):


Susan Andersen (Ceo)
  • Compensation: $22,000
  • Related: $0
  • Other: $5,946
Russell Blaise (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Macmurphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Maruna (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Peoples (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shantell Strickland-Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Decora Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Goolkasian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johanna Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Kucia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vidya Parthasarathy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Harper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Ellis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felix Nater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tani Seymore (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.answerscholarship.org

Where can I find the form 990 for Answer Scholarship Inc?

Answer Scholarship Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.answerscholarship.org

Learn more at the official website: www.answerscholarship.org

Mission Statement of Answer Scholarship Inc

Answer Scholarship Inc, a nonprofit organization, is dedicated to mentoring and preparing mothers of school-age children to attain a college education. Their mission is to inspire these mothers to become role models of academic, personal, and professional success for their children. To achieve this, the nonprofit offers a Mentors for Mom program, connecting these mothers with volunteer mentors. These mentors provide guidance and support, helping the mothers balance family, work, and school. The mentors and scholars meet regularly for advice, motivation, and as a sounding board. They also convene monthly as a group, sharing experiences and learning from experts on topics like financial planning, professional development, and women's health. Scholars are required to participate in this program as part of their scholarship terms, allowing the organization to monitor their progress and address any issues before they become significant setbacks.

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Impact




October, 2024

Answer Scholarship Inc has a profound impact on the lives of mothers of school-age children by empowering them to pursue higher education and become positive role models for their families. Central to this mission is the Mentors for Mom Program, which meticulously connects these scholars with dedicated volunteer mentors. This initiative provides essential support and guidance, helping mothers navigate the complexities of balancing family, work, and academic responsibilities.

The regular meetings between scholars and their mentors foster a nurturing environment where mothers can seek advice, gain motivation, and share challenges. These interactions are vital in creating a supportive community that not only enhances the scholars' educational journey but also strengthens their personal growth.

Additionally, the program facilitates monthly group convenings, where participants can learn from experts on critical topics such as financial planning, professional development, and women's health. This comprehensive approach ensures that scholars receive well-rounded support and resources necessary for academic success.

By actively participating in the Mentors for Mom Program, scholars can receive timely interventions to address potential setbacks in their education. Overall, Answer Scholarship Inc catalyzes significant change, inspiring mothers to achieve their academic goals while modeling perseverance and success for their children.




This information is meant to be a general summary of Answer Scholarship 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
$195,150 (2022)
Expenses
$184,045 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $115
  • Gross Receipts: $205,257

Assets and Liabilities:

  • Total Assets: $190,253
  • Total Liabilities: $1,072
  • Net Assets: $189,181

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Organization Details

Founding Year

2015

Principal Officer

Susan Andersen

Main Address

6420 Rea Road 112, Charlotte, NC, 28277

NTEE Category

Code: P80 - Human services

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