Thompson Scholars Foundation Inc

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

EIN: 852498879 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Thompson Scholars Foundation Inc?

Thompson Scholars Foundation Inc is a nonprofit organization committed to making a difference in a highly impoverished area by launching a mentoring program for a diverse group of youth. Their primary objective is to bridge the educational performance gap, aiming to empower these young individuals through personalized guidance and support. By fostering a sense of unity and inclusivity, the foundation seeks to uplift these young minds and equip them with the necessary tools for success in their academic pursuits.


Official website here: www.thompsonscholars.org

Is Thompson Scholars Foundation Inc legitimate?

Thompson Scholars Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thompson Scholars Foundation Inc submitted a form 990EZ, 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: $0
Other Salaries and Wages: $160,406

For more financial information, click here


Official website here: www.thompsonscholars.org

What is the mission statement of Thompson Scholars Foundation Inc?

The Thompson Scholars Foundation Inc's mission is centered around establishing a mentoring program for a diverse group of youth residing in a severely impoverished area. The primary objective of this program is to help bridge the educational performance gap. The foundation's activities focus on providing a mentoring service for this diverse youth population. By doing so, it aims to contribute positively to their educational growth and development. The foundation's mission is therefore geared towards empowering these young individuals and providing them with the necessary support to overcome educational challenges.


Official website here: www.thompsonscholars.org

What is the revenue of Thompson Scholars Foundation Inc?

Thompson Scholars Foundation Inc's revenue in 2023 was $294,778.


Official website here: www.thompsonscholars.org

Who are the executives of Thompson Scholars Foundation Inc and what are their salaries?

The average compensation at Thompson Scholars Foundation Inc during 2023 was $10,025. There are 16 employees at Thompson Scholars Foundation Inc.

Here are 7 key members and their salaries:


Cookie Henson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethel P Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ed Pennington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Lyttle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Pennington (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlon Robinson (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Szymkowiak (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thompsonscholars.org

Where can I find the form 990 for Thompson Scholars Foundation Inc?

Thompson Scholars Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thompsonscholars.org

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

Mission Statement of Thompson Scholars Foundation Inc

Thompson Scholars Foundation Inc is committed to bridging the educational performance gap in impoverished areas by establishing a mentoring program for a diverse group of youth. The primary objective of this foundation is to provide a supportive environment and guidance for these youth, aiming to foster their academic success and personal growth. By investing in the education of this diverse group, Thompson Scholars Foundation Inc aims to make a significant impact in narrowing the educational divide, ultimately empowering the next generation.

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Impact




October, 2024

Thompson Scholars Foundation Inc significantly impacts the community by establishing a mentoring program aimed at a diverse group of youth in a highly impoverished area. This initiative focuses on bridging the educational performance gap, providing vital support and resources to young individuals who may otherwise lack access to mentorship and guidance.

Through targeted mentoring, the program fosters personal growth, academic achievement, and overall development for participants. By connecting youth with mentors who can offer advice, encouragement, and real-world insights, the foundation cultivates a supportive environment that empowers young people to overcome challenges and strive for greater educational success.

The foundation's commitment to youth development not only enhances the individual lives of participants but also contributes to the community's overall growth and resilience, nurturing a future generation that is better equipped to pursue educational opportunities and career aspirations.




This information is meant to be a general summary of Thompson Scholars Foundation 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
$294,778 (2023)
Expenses
$397,886 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $4,496
  • Gross Receipts: $294,778

Assets and Liabilities:

  • Total Assets: $34,102
  • Total Liabilities: $2,902
  • Net Assets: $31,200

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MISCELLANEOUS

Revenue

$4,496

Organization Details

Principal Officer

Sara Szymkowiak

NTEE Category

Code: O50 - Youth development

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