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Aaa Scholarship Foundation Inc

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

EIN: 272559468 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

Overview

What is Aaa Scholarship Foundation Inc?

Aaa Scholarship Foundation Inc, a Georgia-based not-for-profit organization founded in 2010, focuses on promoting relief for the underprivileged and advancing education. They achieve this mission by administering legislatively-authorized scholarship programs across Georgia, Arizona, Florida, and Nevada. By receiving redirected state taxes from individuals and corporations, they distribute the funds as scholarships to economically-disadvantaged families and families of children with disabilities. These scholarships provide access to customized learning options, ensuring that eligible students can attend educational environments that cater to their unique learning needs. The organizations' initiatives aim to help families escaping generational poverty recognize education as a means to upward mobility. With a team of 20 dedicated employees, Aaa Scholarship Foundation Inc is committed to leveling the educational playing field for those in need.


Official website here: www.aaascholarships.org

Is Aaa Scholarship Foundation Inc legitimate?

Aaa Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aaa Scholarship Foundation 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: $86,617
Professional Fundraising Fees: $1,065,658
Other Salaries and Wages: $800,883

For more financial information, click here


Official website here: www.aaascholarships.org

What is the mission statement of Aaa Scholarship Foundation Inc?

The Aaa Scholarship Foundation Inc is a not-for-profit organization with a mission to promote relief for the poor and underprivileged and advance education. They carry out this mission by administering legislatively-authorized scholarship programs, ensuring economically-disadvantaged families and families of children with disabilities have equal access to customized learning options. The foundation is an approved Scholarship Organization in Georgia, Arizona, Florida, and Nevada, allowing it to receive redirected state taxes from individual and corporate taxpayers. These funds are distributed to eligible students in the form of scholarships up to grade 12, enabling them to attend educational environments that best fit their learning needs. Families dealing with poverty see education as the most reliable means to uplift their lives, and the foundation aims to make this a reality.


Official website here: www.aaascholarships.org

Who is the CEO of Aaa Scholarship Foundation Inc?

Kimberly Dyson is the Chief Exec O of Aaa Scholarship Foundation Inc.


Official website here: www.aaascholarships.org

What is the revenue of Aaa Scholarship Foundation Inc?

Aaa Scholarship Foundation Inc's revenue in 2023 was $108,484,050.


Official website here: www.aaascholarships.org

Who are the executives of Aaa Scholarship Foundation Inc and what are their salaries?

The average compensation at Aaa Scholarship Foundation Inc during 2023 was $44,375. There are 20 employees at Aaa Scholarship Foundation Inc.

Here are 4 key members and their salaries:

    Kimberly Dyson (Chief Exec O)
  • Compensation: $74,079
  • Related: $0
  • Other: $12,538

    • Toni Cardamone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa L'Homme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aaascholarships.org

    Where can I find the form 990 for Aaa Scholarship Foundation Inc?

    The Aaa Scholarship Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.aaascholarships.org

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

    Mission Statement of Aaa Scholarship Foundation Inc

    Aaa Scholarship Foundation Inc, a Georgia-based not-for-profit organization established in 2010, is dedicated to promoting relief for the poor and underprivileged while advancing education. The foundation achieves its mission by administering various legislatively-authorized scholarship programs, ensuring economically-disadvantaged families and families of children with disabilities have access to customized learning options to effectively educate their children. As an approved Scholarship Organization (SO) in Georgia, Arizona, Florida, and Nevada, Aaa Scholarship Foundation Inc receives redirected state taxes from individual and corporate taxpayers. These funds are then distributed to eligible students in the form of scholarships up to grade 12, helping them access educational environments that cater to their unique learning needs. Families battling generational poverty view education as the most promising means to uplift themselves, and Aaa Scholarship Foundation Inc is committed to making this opportunity accessible.

    Impact

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




    Thursday, August 15, 2024

    Aaa Scholarship Foundation Inc has a significant impact on the lives of children who are economically disadvantaged or face developmental challenges. Through their scholarship programs, they have granted a substantial number of scholarships in multiple states, including Georgia, Arizona, Florida, and Nevada. These scholarships enable students from pre-K to 12th grade to access educational environments that best cater to their learning needs, empowering them to receive a quality education despite their circumstances. This support not only benefits the individual students but also contributes to breaking the cycle of poverty and promoting equal opportunities for education.





    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 2023.

  • Investment Income: $2,719,623
  • Program Service Revenue: $0
  • Gross Receipts: $111,854,841

    • Assets and Liabilities:
  • Total Assets: $94,488,704
  • Total Liabilities: $50,807,496
  • Net Assets: $43,681,208
  • Organization Details

    Founding Year

    2010

    Principal Officer

    Kimberly Dyson

    Main Address

    PO BOX 15719, TAMPA, FL, 33684

    NTEE Category

    Code: B21 - Education

    If you are a representative of Aaa Scholarship Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.