Overview
What is Scholars Of Finance?
Scholars of Finance is a nonprofit organization situated in St. Louis Park, Minnesota. With a mission to foster character and integrity in future finance leaders, they served over 1,700 members in 2022, expanding to 48 chapters across the United States. Their values-based programming includes a seven-week Leadership Development Program, which prepares students to become ethical finance leaders. Furthermore, Scholars of Finance facilitates mentorship opportunities, connecting 160 members with finance professionals for personal and professional growth. Their events, such as symposia and speaking engagements, attracted over 2,600 students, allowing them to deepen their understanding of finance and ethical leadership. Values forums, which saw a significant increase from the previous year, attracted over 2,100 attendees. With a team of 28 employees, Scholars of Finance is committed to nurturing the next generation of responsible and ethical finance leaders.
Official website here: www.scholarsoffinance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating
Scholars Of Finance has received an 88% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The charity boasts a high score of 83% in this category, with commendable marks across various metrics, including a fully independent board and proper financial oversight through audited statements. However, it's important to note that there are gaps in their governance practices, specifically the absence of a whistleblower and document retention policy.
In terms of culture and community, the organization scores exceptionally well at 100%, reflecting strong practices in feedback collection and usage. This suggests that Scholars Of Finance actively engages with its community and is responsive to their needs. Their leadership and adaptability also scored a perfect 100%, highlighting their commitment to investing in leadership development and their proactive approach to adapting organizational practices as necessary.
Overall, while Scholars Of Finance demonstrates strengths in financial accountability and community engagement, the noted limitations in governance policies might require attention to enhance overall operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Scholars Of Finance legitimate?
Scholars Of Finance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scholars Of Finance 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: $455,928
Professional Fundraising Fees: $0
Other Salaries and Wages: $470,336
For more financial information, click here
Official website here: www.scholarsoffinance.org
What is the mission statement of Scholars Of Finance?
Scholars of Finance is committed to inspiring character and integrity in the future leaders of the finance sector. They achieve this mission by offering values-based programming to over 1700 members nationwide, expanding to 48 chapters across the United States in 2022. The organization's leadership development program, a 7-week course, prepares students to become ethical leaders in finance, with 544 members graduating from it. Scholars of Finance also connects members to finance professionals for mentorship, providing guidance for personal and professional growth. Furthermore, finance professionals engage with over 2600 students at various symposia and speaking events, highlighting the importance of ethical leadership in finance. Values forums, attended by over 2100 individuals, have seen a significant increase from the previous year, underscoring the organization's impact on fostering ethical values in the finance field.
Official website here: www.scholarsoffinance.org
Who is the CEO of Scholars Of Finance?
Ross Overline is the Chief Executive Officer of Scholars Of Finance. The CEO's salary of Scholars Of Finance is $158,229 and their total compensation is $171,005.
Official website here: www.scholarsoffinance.org
What is the revenue of Scholars Of Finance?
Scholars Of Finance's revenue in 2022 was $1,459,940.
Official website here: www.scholarsoffinance.org
Who are the executives of Scholars Of Finance and what are their salaries?
The average compensation at Scholars Of Finance during 2022 was $33,081. There are 28 employees and 8 volunteers at Scholars Of Finance.
Here are 11 key members and their salaries (Scholars Of Finance's CEO's salary is $158,229 and their total compensation is $171,005):
- Compensation: $158,229
- Related: $0
- Other: $12,776
- Compensation: $136,979
- Related: $0
- Other: $6,730
- Compensation: $120,888
- Related: $0
- Other: $20,326
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.scholarsoffinance.org
Where can I find the form 990 for Scholars Of Finance?
Scholars Of Finance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scholarsoffinance.org
Learn more at the official website: www.scholarsoffinance.org
Mission Statement of Scholars Of Finance
Scholars of Finance, as an organization, is dedicated to inspiring character and integrity in the finance leaders of tomorrow. Their mission is centered around shaping the future generation of financial professionals, instilling in them a strong ethical framework. In 2022, Scholars of Finance impacted over 1700 members across 48 chapters in the United States, delivering values-based programming. A significant portion of these members, 544, graduated from their Leadership Development Program, a comprehensive seven-week course designed to prepare students to become ethical leaders in the finance sector. Furthermore, Scholars of Finance facilitated mentorship opportunities for 160 members, offering coaching for both personal and professional growth. This mentorship program was instrumental in connecting these individuals with finance professionals, providing them with invaluable guidance and insights. Overall, Scholars of Finance continues to play a pivotal role in fostering ethical leadership in the finance industry, reaching out to thousands of students and professionals through various events and programs.
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Impact
July, 2024
Scholars Of Finance has made a significant impact by inspiring character and integrity in the finance leaders of tomorrow. In 2022, the organization impacted over 1700 members through values-based programming across 48 chapters in the US. 544 members graduated from the leadership development program, equipping students to become ethical leaders in finance. Additionally, Scholars Of Finance connected 160 members with finance professionals for mentorship, fostering personal and professional growth. By organizing symposia and speaking events, over 2600 students were able to deepen their understanding of finance and ethical leadership. The organization's values forums attracted over 2100 attendees, marking a six-fold increase from the previous year. Through these initiatives, Scholars Of Finance is empowering a new generation of finance professionals with the values and skills needed for success.
This information is meant to be a general summary of Scholars Of Finance. 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.
- Gross Receipts: $1,459,940
Assets and Liabilities:
- Total Assets: $2,002,224
- Total Liabilities: $75,454
- Net Assets: $1,926,770
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Organization Details
Founding Year
2017
Phone
(715) 243-4909Principal Officer
Ross Overline
Main Address
5353 GAMBLE DRIVE 320, ST LOUIS PARK, MN, 55416
Website
www.scholarsoffinance.orgNTEE Category
Code: B80 - Education
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