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The Scholarship Academy Inc

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

EIN: 203721836 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is The Scholarship Academy Inc?

The Scholarship Academy Inc, located in Atlanta, Georgia, is a nonprofit organization dedicated to supporting low-income first-generation college students. With a team of 32 employees, they offer a 16-module course called "The Scholarship Academy" to high schools and youth-serving organizations. This program aims to guide students through the complex financial aid process, enabling them to secure funding for their higher education. The organization also conducts training sessions for college advisors and corporate volunteers, and facilitates connections to financial aid resources. The Scholarship Academy's mission is to empower these students, helping them navigate the financial aid maze and make their college dreams a reality.


Is The Scholarship Academy Inc legitimate?

The Scholarship Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Scholarship Academy 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.

Here are some key statistics you may want to consider:

Executive Compensation: $113,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $256,478

For more financial information, click here


What is the mission statement of The Scholarship Academy Inc?
Who is the CEO of The Scholarship Academy Inc?
What is the revenue of The Scholarship Academy Inc?
Who are the executives of The Scholarship Academy Inc and what are their salaries?
Where can I find the form 990 for The Scholarship Academy Inc?

Mission Statement of The Scholarship Academy Inc

The Scholarship Academy, a comprehensive scholarship preparatory program, is dedicated to empowering low-income, first-generation college students. Its mission lies in guiding these students through the complex labyrinth of financial aid, enabling them to secure funding for their higher education. This is achieved through various means, including counselor training, financial aid outreach programs, and facilitating connections to relevant resources. The Scholarship Academy's work is not limited to individual students; it extends to high schools and youth-serving organizations, offering a 16-module course to support students in navigating the financial aid process. Additionally, the Academy provides training for college advisors and corporate volunteers, further expanding its reach and impact in the realm of financial aid assistance.

Impact

This information is meant to be a general summary of The Scholarship Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Scholarship Academy Inc, through its comprehensive scholarship preparatory program, has significantly impacted low-income first-generation college students by equipping them with the necessary tools to navigate the complexities of financial aid and secure funding for their college education. By providing counselor trainings, financial aid outreach programs, and connections to vital financial aid resources, The Scholarship Academy has empowered students to access opportunities that may have otherwise been out of reach. Their work has not only supported individual students but has also contributed to creating a more equitable educational landscape.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $97,687
  • Gross Receipts: $951,016

    • Assets and Liabilities:
  • Total Assets: $627,857
  • Total Liabilities: $8,835
  • Net Assets: $619,022
  • Programs

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

    VIRTUAL SCHOLARSHIP

    Revenue

    $6,150

    BOOT CAMPS

    Revenue

    $42,825

    DIRECT FACILITATOR TRAINING

    Revenue

    $21,500

    HIGH SCHOOL PARTNERSHIPS

    Revenue

    $4,500

    SCHOLARSHIP WORKBOOK SALES

    Revenue

    $2,295

    Organization Details

    Founding Year

    2006

    Principal Officer

    Jessica Johnson

    Main Address

    500 BISHOP ST NW, ATLANTA, GA, 30318

    NTEE Category

    Code: B82 - Education

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