Overview
What is Delaware College Scholars Inc?
Delaware College Scholars Inc is a nonprofit organization situated in Wilmington, Delaware. Their primary objective is to empower high-performing, economically disadvantaged high school students, often being the first in their families to attend college. The organization provides a comprehensive seven-year program, featuring a three-year residential component, designed to guide these students through the complex process of college acceptance, persistence, and professional success. The program's effectiveness is demonstrated by impressive statistics, such as a 100% on-time high school graduation rate compared to 64% of their peers. Moreover, 98% of scholars proceed to higher education, with 94% opting for four-year colleges, and 95% persisting to their sophomore year. During the 2022 calendar year, the program accomplished significant milestones, with impressive graduation rates for earlier cohorts and the introduction of 60 new scholars to the residential program.
Official website here: www.delawarecollegescholars.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 71%)
Delaware College Scholars Inc has received a two-star rating from Charity Navigator, indicating a need for improvement, particularly in its accountability and finance practices. The organization has a program expense ratio of 77.54%, which reflects a strong commitment to its mission. However, the accountability score of 69 suggests there are areas for growth, specifically regarding governance policies.
Strengths of Delaware College Scholars include a fully independent board boasting a 100% majority, with no material diversion of assets reported. The organization excels in feedback collection and usage, achieving perfect scores in these areas, which indicates a strong commitment to community engagement and responsiveness.
Despite these strengths, the absence of key policies such as conflict of interest and whistleblower protection points to significant governance gaps that need addressing. These shortcomings could impact stakeholder trust and operational effectiveness in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Delaware College Scholars Inc legitimate?
Delaware College Scholars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware College Scholars 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: $134,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,692
For more financial information, click here
Official website here: www.delawarecollegescholars.com
What is the mission statement of Delaware College Scholars Inc?
Delaware College Scholars Inc's mission is focused on academically and socially preparing high-achieving, under-resourced Delaware public high school students for successful college acceptance, persistence, and graduation. The organization prioritizes first-generation college students and offers a tuition-free seven-year program with a three-year residential component. This program aids disadvantaged students in navigating the complex path to college acceptance, persistence, and career success. The program's effectiveness is demonstrated by impressive statistics, such as a 100% high school graduation rate for enrolled students, compared to 64% of their peers, and a 95% persistence rate to the sophomore year at a four-year institution, contrasting with 17% of their peers. Despite the challenges posed by COVID-19, the program continues to make progress, with impressive graduation rates for its cohorts.
Official website here: www.delawarecollegescholars.com
Who is the CEO of Delaware College Scholars Inc?
Dr Tony Alleyne is the Executive Director of Delaware College Scholars Inc.
Official website here: www.delawarecollegescholars.com
What is the revenue of Delaware College Scholars Inc?
Delaware College Scholars Inc's revenue in 2022 was $1,079,480.
Official website here: www.delawarecollegescholars.com
Who are the executives of Delaware College Scholars Inc and what are their salaries?
The average compensation at Delaware College Scholars Inc during 2022 was $16,375. There are 17 employees and 20 volunteers at Delaware College Scholars Inc.
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- Compensation: $115,250
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- Other: $19,440
Official website here: www.delawarecollegescholars.com
Where can I find the form 990 for Delaware College Scholars Inc?
Delaware College Scholars Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.delawarecollegescholars.com
Learn more at the official website: www.delawarecollegescholars.com
Mission Statement of Delaware College Scholars Inc
Delaware College Scholars Inc, a nonprofit organization, is committed to assisting and enriching academically talented, lower-income high school students from Delaware. The primary mission of this organization is to prepare these students for successful college applications, completion, and graduation. The program places a particular emphasis on first-generation college students.
The organization operates a tuition-free, seven-year program with a three-year residential component, designed to guide disadvantaged students through the complex journey of college acceptance, persistence, and career success. Delaware College Scholars Inc has demonstrated remarkable effectiveness in achieving these goals, as illustrated by its impressive statistics. For instance, 100% of its students graduate from high school on time, compared to 64% of their peers. Furthermore, 98% of the students enter college directly after high school, a significant increase from 24% of their peers. The organization also boasts a high percentage of students choosing four-year colleges or universities, with 94% doing so, contrasting with 8% of their peers.
In addition, Delaware College Scholars Inc has a remarkable track record of student persistence. 95% of those attending four-year institutions progress to their sophomore year, a stark contrast to 17% of their peers. The organization's achievements are further demonstrated by the progress of its various cohorts. For instance, 78%, 76%, and 80% of Cohorts 1, 2, and 3, respectively, have graduated from four-year colleges on time. Despite the challenges posed by COVID-19, Cohorts 4, 5, 6, 7, and 8 continued to progress through the program. In 2022, 60 new in-person scholars began the residential portion of the program at the Delaware State University campus.
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Impact
July, 2024
Delaware College Scholars Inc has a significant impact on high-achieving, under-resourced Delaware public high school students. Its tuition-free seven-year program, with a three-year residential component, helps these students navigate the complex path to college acceptance, persistence, and career success. The statistics speak volumes about the effectiveness of the program: 100% of students in the program graduate from high school on time, compared to 64% of their peers; 98% enter college directly after high school, compared to 24% of their peers; 94% choose to attend four-year colleges or universities, compared to 8% of their peers; and 95% of those attending persist to their sophomore year at a four-year institution, compared to 17% of their peers.
In 2022, Delaware College Scholars Inc achieved notable program accomplishments, with cohorts 1, 2, and 3 having high graduation rates from four-year colleges on time. Despite the challenges posed by COVID, cohorts 4, 5, 6, 7, and 8 continued progressing through the program. Additionally, cohort 9 saw 60 new in-person scholars begin the residential portion of the DCS program at the Delaware State University campus. This organization's dedication to preparing disadvantaged students for academic and social success on the path to higher education reflects its significant positive impact on the lives of these individuals.
This information is meant to be a general summary of Delaware College Scholars 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $255,623
- Gross Receipts: $1,079,480
Assets and Liabilities:
- Total Assets: $528,022
- Total Liabilities: $26,048
- Net Assets: $501,974
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COLLEGE SCHOLARS PROGR
Revenue
$208,123
COLLEGE SCHOLARS PROGR
Revenue
$47,500
Organization Details
Founding Year
2016
Phone
(302) 437-6144Principal Officer
Dr Tony Alleyne
Main Address
PO BOX 392, WILMINGTON, DE, 19899
NTEE Category
Code: O50 - Youth development
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