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Scholarmade Achievement Place Of Ar

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

EIN: 825290461 ✦ Little rock, AR ✦ Designated as a 501(c)(3)

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Overview

What is Scholarmade Achievement Place Of Ar?

Scholarmade Achievement Place of Ar is a dedicated nonprofit organization situated in Little Rock, Arkansas. Their primary mission is to bridge opportunity gaps, enabling all scholars to excel academically at a high level. They strive to uplift and inspire everyone involved in the development of young people, instilling in them a sense of community service, high school and college readiness, and leadership skills. Emotional Intelligence and Personalized Learning are key methods employed to foster self-confidence, intellectual curiosity, emotional intelligence, and academic achievement among the scholars. The collective strength of families and communities plays a crucial role in supporting the scholars and improving the quality of life for children living in poverty. With a team of 73 dedicated individuals, Scholarmade Achievement Place of Ar is committed to making a positive impact in the lives of their scholars.


Official website here: www.scholarmade.org/

What are the reviews and ratings of this charity?

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

Scholarmade Achievement Place of Arkansas has demonstrated a strong commitment to accountability and financial transparency, earning a notable Four-Star rating from Charity Navigator. With an impressive 92% score in Accountability & Finance, the organization showcases significant strengths, including a fully independent board and excellent financial practices, such as a high program expense ratio of 91.36%, indicating that a substantial portion of funds directly supports its programs.

The organization has maintained thorough documentation and policy measures, with all required financial statements audited and no material diversion of assets reported. However, it is worth noting that the absence of a whistleblower policy is a limitation that has been identified, which could impact the organization's risk management and accountability structure.

Overall, Scholarmade Achievement Place of Arkansas stands out for its strong governance and financial health, providing reassurance to donors about the effective use of their contributions. The organization’s focus on maintaining high standards serves as a positive attribute, even as it addresses the noted gap in its policies.


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

Is Scholarmade Achievement Place Of Ar legitimate?

Scholarmade Achievement Place Of Ar is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scholarmade Achievement Place Of Ar 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: $196,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,586,549

For more financial information, click here


Official website here: www.scholarmade.org/

What is the mission statement of Scholarmade Achievement Place Of Ar?

The mission of Scholarmade Achievement Place, in essence, is to foster confident, intellectually curious, and emotionally intelligent scholars. These scholars are expected to become effective leaders and problem-solvers, aiming to enhance conditions in their communities. The objective is to close opportunity gaps, ensuring all scholars excel academically at high levels. This mission serves as inspiration and upliftment for everyone involved in the development of young people. It encourages young individuals to care about their communities, equipping them with the necessary skills to succeed in high school, college, and beyond. By doing so, these scholars are prepared to step up as change agents, movement leaders, and problem solvers within their communities. The support of families and communities is crucial in this endeavor, ensuring not only academic success but also an improvement in the overall quality of life for children in poverty.


Official website here: www.scholarmade.org/

Who is the CEO of Scholarmade Achievement Place Of Ar?

Phillis Nichols-Anderson is the Chief Executive Officer of Scholarmade Achievement Place Of Ar. The CEO's salary of Scholarmade Achievement Place Of Ar is $0 and their total compensation is $0.


Official website here: www.scholarmade.org/

What is the revenue of Scholarmade Achievement Place Of Ar?

Scholarmade Achievement Place Of Ar's revenue in 2022 was $5,541,569.


Official website here: www.scholarmade.org/

Who are the executives of Scholarmade Achievement Place Of Ar and what are their salaries?

The average compensation at Scholarmade Achievement Place Of Ar during 2022 was $38,125. There are 73 employees at Scholarmade Achievement Place Of Ar.


Here are 6 key members and their salaries (Scholarmade Achievement Place Of Ar's CEO's salary is $0 and their total compensation is $0):


Jason Crain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sericia Cole (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Branndii Peterson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Forte (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillis Nichols-Anderson (Chief Executive Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.scholarmade.org/

Where can I find the form 990 for Scholarmade Achievement Place Of Ar?

Scholarmade Achievement Place Of Ar's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.scholarmade.org/

Learn more at the official website: www.scholarmade.org/

Mission Statement of Scholarmade Achievement Place Of Ar

Scholarmade Achievement Place of AR is committed to preparing its scholars through Emotional Intelligence and Personalized Learning, aiming to foster self-confidence, intellectual curiosity, emotional intelligence, and academic achievement. The organization's ultimate goal is to cultivate leaders and problem-solvers who will work towards closing opportunity gaps and improving conditions in their communities.

This mission is driven by a belief in the potential of every scholar to excel academically at high levels. Scholarmade Achievement Place of AR understands the importance of families and communities in supporting the development of young people. By providing the necessary skills for success in high school, college, and beyond, the organization aims to prepare its scholars to become change agents, movement leaders, and problem solvers within their communities.

In essence, Scholarmade Achievement Place of AR seeks to uplift and inspire everyone involved in the development of young people. Its mission is a conscious effort to ensure schools not only help students achieve academically but also contribute to improving the quality of life for children living in poverty. By leveraging the collective strength of all involved, the organization strives to reach more students and transfer learning and leadership skills to them.

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Impact




July, 2024

Scholarmade Achievement Place Of Ar's impact lies in its mission to prepare scholars through Emotional Intelligence and Personalized Learning to be self-confident, intellectually inquisitive, emotionally intelligent, and academically accomplished beings. By closing opportunity gaps and inspiring all individuals involved in developing young people, the organization aims to cultivate future leaders and problem-solvers who will contribute positively to their communities. Through the collective strength of families, communities, and schools, Scholarmade Achievement Place Of Ar seeks to uplift students, improve the quality of life for those in poverty, and empower young individuals to make a difference as change agents, movement leaders, and problem solvers.




This information is meant to be a general summary of Scholarmade Achievement Place Of Ar. 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
$5,541,569 (2022)
Expenses
$5,590,687 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $5,541,569

Assets and Liabilities:

  • Total Assets: $473,357
  • Total Liabilities: $13,540
  • Net Assets: $459,817

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Organization Details

Founding Year

2018

Principal Officer

Phillis Nichols-Anderson

Main Address

2410 S BATTERY STREET, Little Rock, AR, 72204

NTEE Category

Code: B29 - Education

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