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Arkansas Single Parent Scholarship Fund

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

EIN: 710704088 ✦ Springdale, AR ✦ Designated as a 501(c)(3)

Overview

What is Arkansas Single Parent Scholarship Fund?

The Arkansas Single Parent Scholarship Fund is a nonprofit organization situated in Springdale, Arkansas. Their primary mission is to empower low-income single parents by transitioning them from reliance on state, federal assistance programs, and local social services, to self-sufficiency, becoming tax-paying professionals capable of supporting their families independently. They achieve this by offering financial assistance and personal support to single parents pursuing post-secondary education, ultimately securing employment with wages above the poverty level. With a dedicated team of 23 employees, this nonprofit aims to enable single parents to attain self-sufficiency through higher education.


Official website here: www.aspsf.org

Is Arkansas Single Parent Scholarship Fund legitimate?

Arkansas Single Parent Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Single Parent Scholarship Fund 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: $121,838
Professional Fundraising Fees: $0
Other Salaries and Wages: $905,081

For more financial information, click here


Official website here: www.aspsf.org

What is the mission statement of Arkansas Single Parent Scholarship Fund?

The Arkansas Single Parent Scholarship Fund's mission is to help single parents achieve self-sufficiency through post-secondary education. They provide financial assistance and personal support to low-income single parents who are currently enrolled in a post-secondary course of study leading to employment with family-supporting wages. The organization aims to assist these single parents in transitioning from a life of dependence on tax-funded assistance programs and local social services to one of self-sufficiency, as they become tax-paying professionals proudly supporting their families on their own. This is achieved by helping single parents complete their two or four-year college degrees or professional certificates, which open doors to new employment opportunities at wages above the poverty level.


Official website here: www.aspsf.org

Who is the CEO of Arkansas Single Parent Scholarship Fund?

Ruthanne Hill is the Director of Arkansas Single Parent Scholarship Fund.


Official website here: www.aspsf.org

What is the revenue of Arkansas Single Parent Scholarship Fund?

Arkansas Single Parent Scholarship Fund's revenue in 2022 was $1,344,973.


Official website here: www.aspsf.org

Who are the executives of Arkansas Single Parent Scholarship Fund and what are their salaries?

The average compensation at Arkansas Single Parent Scholarship Fund during 2022 was $44,649. There are 23 employees and 413 volunteers at Arkansas Single Parent Scholarship Fund.

Here are 14 key members and their salaries:

    Ruthanne Hill (Executive Director)
  • Compensation: $121,838
  • Related: $0
  • Other: $4,874

    • Sandra Valley-Bagley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Charles Donaldson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Morrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ventrell Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Weaver (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sunshine Bartlett (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betsy Baker (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adelene Mcclenny (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean Block (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Thomas Flowers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Winiecki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael O'Bryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maret Cahill Wicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aspsf.org

    Where can I find the form 990 for Arkansas Single Parent Scholarship Fund?

    The Arkansas Single Parent Scholarship Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.aspsf.org

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

    Mission Statement of Arkansas Single Parent Scholarship Fund

    The Arkansas Single Parent Scholarship Fund's mission is centered around empowering single parents to achieve self-sufficiency through post-secondary education. By providing financial assistance and personal support, this organization assists low-income single parents who are currently enrolled in a post-secondary course of study leading to employment with family-supporting wages. The Arkansas Single Parent Scholarship Fund aims to help single parents transition from a life of dependency, relying on tax-funded state and federal assistance programs and local social services, to one of self-sufficiency. As they complete their two or four-year college degrees or professional certificates, single parents can secure employment at wages above the poverty level, becoming tax-paying professionals proudly supporting their families on their own. This nonprofit organization plays a crucial role in helping single parents break the cycle of dependency and achieve financial independence.

    Impact

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




    Saturday, July 20, 2024

    Arkansas Single Parent Scholarship Fund's impact is significant in empowering single parents to achieve self-sufficiency through post-secondary education. By providing financial assistance and personal support, ASPSF enables low-income single parents to complete their college degrees or professional certificates, ultimately leading to higher-paying jobs above the poverty level. Through this support, single parents are able to transition from relying on government assistance to becoming tax-paying professionals who can proudly support their families independently. This not only benefits the individuals receiving the scholarships but also has a positive ripple effect on their families and communities.





    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: $104,036
  • Program Service Revenue: $0
  • Gross Receipts: $1,982,362

    • Assets and Liabilities:
  • Total Assets: $9,598,450
  • Total Liabilities: $222,749
  • Net Assets: $9,375,701
  • Organization Details

    Founding Year

    1990

    Principal Officer

    Ruthanne Hill

    Main Address

    PO BOX 854, SPRINGDALE, AR, 72764

    NTEE Category

    Code: B82 - Education

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