Overview
What is Quest Scholars Program Inc?
Quest Scholars Program Inc, based in Palo Alto, California, is a nonprofit organization whose mission is to empower talented, economically disadvantaged youth by providing access to higher education and professional opportunities. Through a single online application, Quest Scholars offers a range of services, including scholarships, educational programs, and enrichment activities, at no cost to students across the United States. In 2022 alone, they matched 1,700 students with full scholarships and offered admission to additional students at their partner educational institutions. The organization's work is driven by a team of 54 dedicated individuals, demonstrating their commitment to fostering the success of low-income students.
Official website here: www.questbridge.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 81% (Three-Star out of Four Stars)**tar)**
The Quest Scholars Program Inc. has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health within the organization. This score, primarily based on its Accountability & Finance metrics, reflects the charity's commitment to governance, with notable strengths such as an 80% independent board and a high program expense ratio of 86.59%. These factors suggest a strong dedication to its mission and effective management of resources.
However, the organization has room for improvement in transparency, as it lacks financial statements on its website and has not posted its Tax Form 990, negatively impacting its score in that area. While the charity demonstrates good financial practices and stability, addressing these transparency issues could enhance trust and credibility among stakeholders.
User reviews from GreatNonprofits could not be fetched, thus limiting the availability of direct feedback from community members and beneficiaries. Overall, while the Quest Scholars Program shows promising financial health and governance practices, increased transparency could further strengthen its reputation and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Quest Scholars Program Inc legitimate?
Quest Scholars Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quest Scholars Program 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: $0
Other Salaries and Wages: $3,835,130
For more financial information, click here
Official website here: www.questbridge.org
What is the mission statement of Quest Scholars Program Inc?
Quest Scholars Program Inc. is dedicated to fostering leadership among talented, economically disadvantaged youth, providing them with access to higher education and professional opportunities. Through its leadership program, Quest Scholars links these students with a variety of educational, scholarship, enrichment, and professional opportunities. This is accomplished through partnerships with leading colleges, universities, corporations, foundations, and other organizations. These opportunities, including full scholarships, are offered to thousands of students nationwide, free of charge, through a single online application. In 2022, over 1,700 Quest Scholars were granted full scholarships, and over 2,000 additional students were admitted to one of Quest's partner schools.
Official website here: www.questbridge.org
Who is the CEO of Quest Scholars Program Inc?
Ana Rowena Mallari is the Ceo/Board Chair of Quest Scholars Program Inc. The CEO's salary of Quest Scholars Program Inc is $233,018 and their total compensation is $233,018.
Official website here: www.questbridge.org
What is the revenue of Quest Scholars Program Inc?
Quest Scholars Program Inc's revenue in 2022 was $9,373,048.
Official website here: www.questbridge.org
Who are the executives of Quest Scholars Program Inc and what are their salaries?
The average compensation at Quest Scholars Program Inc during 2022 was $71,021. There are 54 employees and 8 volunteers at Quest Scholars Program Inc.
Here are 10 key members and their salaries (Quest Scholars Program Inc's CEO's salary is $233,018 and their total compensation is $233,018):
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Official website here: www.questbridge.org
Where can I find the form 990 for Quest Scholars Program Inc?
Quest Scholars Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.questbridge.org
Learn more at the official website: www.questbridge.org
Mission Statement of Quest Scholars Program Inc
Quest Scholars Program Inc, in its mission, serves as a leadership program for talented, low-income youth. Its primary objective is to provide these young individuals with access to higher education and professional opportunities. The organization, through QuestBridge, links high-achieving, financially disadvantaged students with a variety of educational, scholarship, enrichment, and career-building opportunities. Quest Scholars Program Inc collaborates with leading colleges, universities, corporations, foundations, and other organizations to offer thousands of students a series of chances from high school through their first job. All the services offered by Quest Scholars Program Inc are provided free of charge to students nationwide, through a single online application. In 2022, over 1,700 QuestBridge applicants were granted full scholarships, and over 2,000 additional students were offered admission to one of Quest's partner schools. Quest Scholars Program Inc strives to empower talented, low-income youth and open up a world of opportunities for them, enabling them to reach their full potential.
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Impact
July, 2024
Quest Scholars Program Inc's impact lies in its ability to connect high-achieving, low-income students with educational, scholarship, enrichment, and professional opportunities. By partnering with leading colleges, universities, corporations, foundations, and other organizations, Questbridge provides thousands of students with a pathway from high school to their first job. In 2022 alone, over 1,700 Questbridge applicants were matched with full scholarships, and an additional 2,000 students were offered admission to one of Quest's partner schools. This organization, based in Palo Alto, CA, is dedicated to providing talented, low-income youth with the necessary resources to pursue higher education and attain professional success. Through its free services and single online application process, Quest Scholars Program Inc has significantly impacted the lives of students nationwide, breaking down barriers to access and creating opportunities for a brighter future.
This information is meant to be a general summary of Quest Scholars Program 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.
- Investment Income: $122,032
- Program Service Revenue: $7,607,250
- Gross Receipts: $9,373,048
Assets and Liabilities:
- Total Assets: $20,139,220
- Total Liabilities: $724,202
- Net Assets: $19,415,018
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
QUESTBRIDGE
Revenue
$7,607,250
Organization Details
Founding Year
1999
Phone
(650) 331-3280Principal Officer
Ana Rowena Mallari
Main Address
PO BOX 51847, PALO ALTO, CA, 94303
Website
www.questbridge.orgNTEE Category
Code: B30 - Education
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