Overview
What is City Scholars Foundation?
City Scholars Foundation, established in 1993, is a tax-exempt organization based in Los Angeles, California. Their primary mission is to support and enhance the capacity of education nonprofits in underprivileged communities, enabling them to provide better opportunities for low-income youth. The Foundation achieves this by offering tuition-free leadership programs, executive coaching, business mentoring, and networking opportunities for nonprofit CEOs, known as City Scholars Foundation Fellows. Through these initiatives, the Foundation empowers education nonprofits, ultimately benefiting over 50,000 youth annually, helping them prepare for college, careers, and community leadership. The Foundation's collaborative approach fosters growth and transformation in education nonprofits, enabling them to survive, thrive, and make a significant impact in their communities.
Official website here: www.cityscholars.org
Is City Scholars Foundation legitimate?
City Scholars Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Scholars Foundation 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: $114,299
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,700
For more financial information, click here
Official website here: www.cityscholars.org
What is the mission statement of City Scholars Foundation?
The City Scholars Foundation, established in 1993, serves as a tax-exempt organization with a mission to support education nonprofits that cater to low-income youth. By providing these organizations with necessary resources and leadership development opportunities, the Foundation aims to help these youth thrive and achieve academically despite challenging circumstances. The City Scholars Fellowship for Education is a key initiative, offering tuition-free leadership coaching, business mentoring, and accountability to nonprofit CEOs, empowering them to transform their organizations from survival to success and beyond. This collaborative program, led by executive volunteers, ultimately benefits over 50,000 low-income, ethnically diverse youth annually, preparing them for future college, careers, and community leadership.
Official website here: www.cityscholars.org
Who is the CEO of City Scholars Foundation?
Kelli Ann Hogan is the Founder & President/Ceo of City Scholars Foundation. The CEO's salary of City Scholars Foundation is $95,000 and their total compensation is $114,299.
Official website here: www.cityscholars.org
What is the revenue of City Scholars Foundation?
City Scholars Foundation's revenue in 2022 was $270,874.
Official website here: www.cityscholars.org
Who are the executives of City Scholars Foundation and what are their salaries?
The average compensation at City Scholars Foundation during 2022 was $33,166. There are 6 employees and 20 volunteers at City Scholars Foundation.
Here are 10 key members and their salaries (City Scholars Foundation's CEO's salary is $95,000 and their total compensation is $114,299):
- Compensation: $95,000
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- Other: $19,299
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Official website here: www.cityscholars.org
Where can I find the form 990 for City Scholars Foundation?
City Scholars Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cityscholars.org
Learn more at the official website: www.cityscholars.org
Mission Statement of City Scholars Foundation
The City Scholars Foundation, established in 1993, serves as a tax-exempt, purpose-driven corporation. Its mission is centered around supporting education nonprofits, enabling them to flourish and provide opportunities for thousands of low-income youth to excel beyond expectations, despite the challenges posed by under-resourced communities. The foundation recognizes the vital role education nonprofits play in assisting youth in both academic and extracurricular achievements. To ensure their longevity and success, these nonprofits require dedicated, skilled, and resourceful leaders. However, they often struggle to afford or find the necessary educational resources, leadership coaching, mentoring, networking, and accountability. The City Scholars Foundation bridges this gap by offering its City Scholars Fellowship for Education, a tuition-free, collaborative leadership and capacity-building institute. This program invests in and partners with motivated nonprofit CEOs, transforming their education-focused organizations from mere survival to significant impact. Through this partnership, the foundation helps over 50,000 predominantly low-income, ethnically diverse youth in Southern California prepare for college, careers, and community leadership.
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Impact
October, 2024
City Scholars Foundation has a profound impact on education in high-poverty, under-resourced communities. By supporting education nonprofits, it plays a pivotal role in helping youth succeed both academically and personally. The foundation's City Scholars Fellowship for Education equips nonprofit leaders with essential skills such as leadership coaching, business and peer mentoring, and executive networking. This comprehensive, tuition-free program enables these leaders to transform their organizations from mere survival to thriving entities that significantly influence the lives of over 50,000 predominantly low-income, ethnically diverse youth in Southern California each year.
The collaboration among City Scholars Foundation Fellows results in powerful outcomes that extend beyond the classroom, preparing young people for college, careers, and community leadership. By investing in the next generation of nonprofit leaders, City Scholars Foundation not only enhances educational opportunities for youth but also fosters a resilient network of organizations dedicated to uplifting their communities. This holistic approach creates a lasting impact, enabling youth to overcome obstacles and reach their full potential.
This information is meant to be a general summary of City Scholars Foundation. 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: $994
- Gross Receipts: $290,901
Assets and Liabilities:
- Total Assets: $864,635
- Total Liabilities: $420,325
- Net Assets: $444,310
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Organization Details
Founding Year
1993
Phone
(213) 627-1792Principal Officer
Kelli Ann Hogan
Main Address
700 South Flower Street Suite 1000, Los Angeles, CA, 90017
Website
www.cityscholars.orgNTEE Category
Code: B82Z - Education
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