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Say Yes Cleveland 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: 833463932 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Say Yes Cleveland Scholarship Inc?

Say Yes Cleveland Scholarship Inc is a nonprofit organization based in Cleveland, Ohio, specifically at 1422 Euclid Ave 1300, dedicated to providing post-secondary tuition scholarships to eligible students graduating from the Cleveland Metropolitan School District and its partnership charter high schools. The organization's mission involves overseeing and approving policies and procedures for this scholarship program to ensure its universality, equity, and sustainability. Collaborating with the Say Yes Cleveland Operating Committee, they aim to increase the educational level of Cleveland residents, improve college access for middle and low-income families, boost the city's population, and foster economic growth and expansion through the development and retention of a highly skilled future workforce. The nonprofit's objectives ultimately aim to create a more prosperous and educated Cleveland community.


Official website here: www.sayyescleveland.org

What are the reviews and ratings of this charity?

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

Say Yes Cleveland Scholarship Inc has received a Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The charity excels in various metrics, particularly in its program expense ratio, with an impressive 94.65%, indicating that the majority of its funds are directed toward its mission. The organization also benefits from a fully independent board, enhancing its governance structure.

While the charity demonstrates strong financial oversight, there are notable areas for improvement. Specifically, it lacks a whistleblower policy and a document retention and destruction policy, which are important for transparency and accountability. These gaps, however, do not significantly detract from the overall financial health and operational integrity indicated by its high scores in other areas.

Overall, Say Yes Cleveland Scholarship Inc shows a robust foundation in terms of financial management and board governance, making it a reliable option for donors looking to support educational scholarships. The organization’s commitment to ensuring that resources are used effectively is commendable, though addressing its policy deficiencies would strengthen its standing even further.


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

Is Say Yes Cleveland Scholarship Inc legitimate?

Say Yes Cleveland Scholarship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Say Yes Cleveland 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: $0
Professional Fundraising Fees: $75,000
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sayyescleveland.org

What is the mission statement of Say Yes Cleveland Scholarship Inc?

Say Yes Cleveland Scholarship Inc's mission is centered around providing post-secondary tuition scholarships to eligible students graduating from the Cleveland Metropolitan School District and its partnering charter high schools. The organization is tasked with overseeing and approving policies and procedures for this program to ensure universal, equitable, and sustainable scholarship provision. They work collaboratively with the Say Yes Cleveland Operating Committee, which is responsible for implementing and supporting the student services component of the overall Say Yes mission. The organization's objectives include enhancing the educational level of Cleveland residents, improving college access for middle and low-income families in Cleveland, increasing the city's population, and fostering economic growth and expansion through the development and retention of a high-skilled future workforce.


Official website here: www.sayyescleveland.org

Who is the CEO of Say Yes Cleveland Scholarship Inc?

Eddie Taylor is the Board Member of Say Yes Cleveland Scholarship Inc.


Official website here: www.sayyescleveland.org

What is the revenue of Say Yes Cleveland Scholarship Inc?

Say Yes Cleveland Scholarship Inc's revenue in 2022 was $4,775,644.


Official website here: www.sayyescleveland.org

Who are the executives of Say Yes Cleveland Scholarship Inc and what are their salaries?


Here are 14 key members and their salaries:


Lonnie Coleman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Inajo Davis Chappell (Secretary, Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Dolan Resg 522 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Downing (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Martens (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Mullin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Read (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronn Richard (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Ruiz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Taylor (Treasurer, Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenya Guess (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veena Khanna (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Molina Resg 522 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sayyescleveland.org

Where can I find the form 990 for Say Yes Cleveland Scholarship Inc?

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


Official website here: www.sayyescleveland.org

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

Mission Statement of Say Yes Cleveland Scholarship Inc

Say Yes Cleveland Scholarship Inc is dedicated to providing post-secondary tuition scholarships to eligible students graduating from the Cleveland Metropolitan School District and its partnering charter high schools. This organization plays a crucial role in overseeing and approving policies and procedures for this scholarship program, ensuring its universal, equitable, and sustainable provision. The organization collaborates closely with the Say Yes Cleveland Operating Committee, which is responsible for implementing and supporting the student services component of the overall Say Yes mission.

The primary objectives of Say Yes Cleveland Scholarship Inc's mission involve boosting the educational level of Cleveland residents, improving college access for middle and low-income families in the city, increasing Cleveland's population, and fostering economic growth and expansion through the development and retention of a skilled future workforce. By providing these scholarships, the organization aims to encourage more students to pursue higher education, ultimately benefiting both individuals and the broader community.

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Impact




July, 2024

Say Yes Cleveland Scholarship Inc's impact is significant in Cleveland, Ohio. By providing post-secondary tuition scholarships to eligible students graduating from the Cleveland Metropolitan School District and its partnering charter high schools, the organization is increasing the educational level of Cleveland residents. It is also improving college access for middle and low-income families in the city, ultimately working towards increasing the population in Cleveland and spurring economic growth through the development and retention of a high-skilled future workforce. The organization's work is universal, equitable, and sustainable, ensuring that deserving students have the opportunity to further their education and contribute to the community's long-term prosperity.




This information is meant to be a general summary of Say Yes Cleveland 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
$4,775,644 (2022)
Expenses
$3,552,419 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $4,775,644

Assets and Liabilities:

  • Total Assets: $89,649,014
  • Total Liabilities: $8,193
  • Net Assets: $89,640,821

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Organization Details

Founding Year

2018

Principal Officer

Eddie Taylor

Main Address

1422 EUCLID AVE 1300, CLEVELAND, OH, 44115

NTEE Category

Code: B82 - Education

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