Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
EIN 41-2063863 • 501(c)3 • Arlington, VA
Profile
Since June 2004, Emerging Scholars has been dedicated to providing opportunities that change the educational trajectory of low income intellectually gifted students.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
25th percentile
Higher net margin than 25% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 20.3% of source-year revenue.
Asset Growth
17th percentile
Faster asset growth than 17% of similar nonprofits.
Revenue Growth
33rd percentile
Faster revenue growth than 33% of similar nonprofits.
Assets
Down$22,323
Down $37,168 (-62%) from 2023
Liabilities
Up$48,566
Up $7,459 (+18%) from 2023
Net Assets
Down-$26,243
Down $44,627 (-243%) from 2023
Revenue
Down$266,999
Down $70,623 (-21%) from 2023
Expenses
Down$311,626
Down $41,489 (-12%) from 2023
Net Income
Down-$44,627
Down $29,134 (-188%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Since June 2004, Emerging Scholars has been dedicated to providing opportunities that change the educational trajectory of low income intellectually gifted students.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Loans From Officers Directors | $32,000 | $36,000 | ▲ $4,000 |
| Cash and Non-Interest-Bearing Accounts | $47,854 | $14,203 | ▼ $33,651 |
| Savings and Temporary Cash Investments | $10,737 | $7,220 | ▼ $3,517 |
| Prepaid Expenses and Deferred Charges | $900 | $900 | → $0 |
| Total Assets | $59,491 | $22,323 | ▼ $37,168 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $9,107 | $12,566 | ▲ $3,459 |
| Total Liabilities | $41,107 | $48,566 | ▲ $7,459 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $31,500 | $31,500 | → $0 |
| Net Assets Without Donor Restrictions | $-13,116 | $-57,743 | ▼ $44,627 |
| Total Net Assets Fund Balance | $18,384 | $-26,243 | ▼ $44,627 |
| Total Liabilities and Net Assets / Fund Balance | $59,491 | $22,323 | ▼ $37,168 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Ruth Hazel | Executive Director | FT | $54,250 | $54,250 |
| Name | Title |
|---|---|
| Stefanie Erkiletian | Chair |
| Broderick Dunn | Director |
| Chris Northrup | Director |
| Edwin Gordon | Director |
| Jarred Zuccari | Director |
| Jeff Sindler | Director |
| Jennifer Bohnen | Director |
| Patricia Harden | Director |
| Patrick McHonnett | Director |
| Sarah Kashef | Director |
| Savannah John | Director |
| Vincent Hodge | Director |
| Peggy Otey | Secretary |
| Scott Baytosh | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $221,280 |
| Other Expenses | $83,941 |
| Total Fundraising Expense | $41,594 |
| Grants and Similar Amounts Paid | $6,405 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $91,532 | $50,135 | $10,066 | $151,733 |
| Fees for Services Other | $54,195 | $1,254 | $0 | $55,449 |
| Current Officers, Directors, Trustees, and Key Employees | $21,700 | $10,850 | $21,700 | $54,250 |
| Payroll Taxes | $7,365 | $5,273 | $2,659 | $15,297 |
| Grants to Domestic Individuals | $6,405 | - | - | $6,405 |
| Other Expenses | $4,623 | $0 | $0 | $4,623 |
| Office Expenses | $78 | $3,651 | $5 | $3,734 |
| Insurance | $1,776 | $1,776 | $0 | $3,552 |
| Travel | $2,071 | $0 | $0 | $2,071 |
| Total Functional Expenses | $195,242 | $74,790 | $41,594 | $311,626 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $70,952 |
| Fundraising Gross Income | $9,936 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| 2024 Gala | $175,864 | $9,936 | $23,702 | $-13,766 |
| None | - | - | - | - |
| Total Events | $175,864 | $9,936 | $70,952 | $-61,016 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Megan Downing | Related to Board member | Salary | No | $40,320 |
| Ruth Hazel | Executive Director | Loan to Organization | No | $4,000 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $32,000 | $36,000 | ▲ $4,000 |
“Board members survey like jobs in the market for similar”
“positions and dollar amounts.”
“The 990 is reviewed by the accountant, Chair and Treasurer.”
“The Organization has a copy of the 990 on file and available for review by the public.”
“The Organization distributes the Conflict of Interest policy to all trustees yearly. They monitor the forms submitted.”
“The purpose of the Emerging Scholars Program (ES) is to recruit a limited number of rising fourth grade children to participate in a program of academic training and social enrichment with the goal of enrolling them in an independent school for their sixth grade year. Once enrolled, it is anticipated they will continue in the independent school system. The program requires the student to participate in additional schooling beginning the summer prior to their fifth grade year, and ending in the summer prior to their sixth grade year. The successful student will attend 100 full days of instruction during this 14-month period designed to prepare the student for acceptance into an independent school. This commitment is in addition to the regular attendance in the fifth grade at their current school. In addition, ES mentors the family in the application, placement, and financial aid processes for the independent schools chosen for their children. After placement ES continues to engage with the student to provide necessary non-monetary support and counsel as they pursue their education. ES serves the Washington, DC metropolitan area. Children are admitted to the program based on the following criteria: Financial inability of the family to afford independent schooling. The childs academic and leadership potential. Strong and consistent adult support. Recommendations from the childs current teachers and school administrators. Results of interviews and tests conducted by ES. Results of standard tests conducted by professional testers prior to the admissions review and decision. There is no cost to participating families for the ES program. The organization makes no grants or allocations directly to any student, school or other entity. To date all funds have been expended to operate and manage the program, or to raise funds for the program. Emerging Scholars has enrolled sixteen to twenty-six students annually for the last seventeen years. The first class of 16 students began their first summer session in late June 2004. At year-end 2024, approximately 300 students had graduated from ES, with most enrolled in independent schools. On average, 80% of the total tuition cost for these students has been awarded to them as financial aid by the enrolling schools. The twenty-first cohort of students began their first summer session in June 2024. Thirteen members of this class were continuing in the program as of December 2024, and are expected to enroll in independent schools for the term beginning September 2025.”
“Payroll fees and other 2951. 1697. 1254. 0.”
“Consulting 52498. 52498. 0. 0.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/OtherExpensesGrp/Desc | 0 | Development and public relations |
| IRS990/OtherExpensesGrp/Desc | 1 | Other operating and business expenses |
| IRS990/OtherExpensesGrp/Desc | 2 | Unemployment insurance |
| IRS990/OtherExpensesGrp/Desc | 3 | Instruction |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1831 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 20 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 5461 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 36 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 4623 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 7155 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 7292 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 65 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 4623 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 10066 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 50135 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 91532 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 151733 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 2659 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 5273 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 7365 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 15297 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 900 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 900 |
| IRS990/PrincipalOfficerNm | 0 | Stefanie Erkiletian |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 362806 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 12046 |
| IRS990/PYInvestmentIncomeAmt | 0 | 14 |
| IRS990/PYOtherExpensesAmt | 0 | 137879 |
| IRS990/PYOtherRevenueAmt | 0 | -25198 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -15493 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 203190 |
| IRS990/PYTotalExpensesAmt | 0 | 353115 |
| IRS990/PYTotalRevenueAmt | 0 | 337622 |
| IRS990/QuidProQuoContributionsInd | 0 | true |
| IRS990/QuidProQuoContriDisclInd | 0 | true |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -44627 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 10737 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 7220 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 328010 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 362806 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 353014 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 367665 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 417425 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1828920 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 5 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 14 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 28 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 21 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 6 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 74 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 52390 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.74630 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.75940 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1364943 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 463977 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 328010 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 362806 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 353014 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 367665 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 417425 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1828920 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1828994 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 165928 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 165928 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 70952 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | 2024 Gala |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | None |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 47250 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 47250 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 175864 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 175864 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 9936 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 9936 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -61016 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 23702 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 23702 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 0 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | Scholarship |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt | 0 | 6405 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc | 0 | Tuition assistance |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 2 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc | 0 | FMV |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | Ruth Hazel |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 1 | Megan Downing |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | Executive Director |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | Related to Board member |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 4000 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 1 | 40320 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | Loan to Organization |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | Salary |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 9000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 1 | 23000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 2 | 4000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 1 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 2 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 1 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 2 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | Advance |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 1 | Advance |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 2 | Advance |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 1 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 2 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 20000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 1 | 23000 |
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