Civic Intelligence

Emerging Scholars Program Inc.

990 • Fiscal year 2020 • EIN 41-2063863

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 21, 2021

2009 14th Street NorthArlington, VA 22201

(703) 567-6600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.44x

Higher debt load relative to assets than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

70th percentile

0.04x

Higher debt load relative to revenue than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

40th percentile

-0.1%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

94th percentile

$60,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

28th percentile

-9.1%

Faster asset growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

23%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$33,363

Down $3,341 (-9.1%) from 2019

Net Assets

Down

$18,687

Down $437 (-2.3%) from 2019

Liabilities

Down

$14,676

Down $2,904 (-17%) from 2019

Revenue

Up

$363,403

Up $66,782 (+23%) from 2019

Expenses

Up

$363,840

Up $26,893 (+8.0%) from 2019

Net Income

Up

-$437

Up $39,889 (+99%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2011: $164,502Liabilities 2011: $46,886Net Assets 2011: $117,6162011Assets 2012: $484,435Liabilities 2012: $37,859Net Assets 2012: $446,5762012Assets 2013: $138,705Liabilities 2013: $24,308Net Assets 2013: $114,3972013Assets 2014: $194,588Liabilities 2014: $13,016Net Assets 2014: $181,5722014Assets 2015: $198,740Liabilities 2015: $5,763Net Assets 2015: $192,9772015Assets 2016: $164,401Liabilities 2016: $18,862Net Assets 2016: $145,5392016Assets 2017: $91,231Liabilities 2017: $10,310Net Assets 2017: $80,9212017Assets 2018: $78,035Liabilities 2018: $18,585Net Assets 2018: $59,4502018Assets 2019: $36,704Liabilities 2019: $17,580Net Assets 2019: $19,1242019Assets 2020: $33,363Liabilities 2020: $14,676Net Assets 2020: $18,6872020Assets 2021: $75,165Liabilities 2021: $33,027Net Assets 2021: $42,1382021Assets 2022: $67,846Liabilities 2022: $46,815Net Assets 2022: $21,0312022Assets 2023: $59,491Liabilities 2023: $41,107Net Assets 2023: $18,3842023Assets 2024: $22,323Liabilities 2024: $48,566Net Assets 2024: -$26,2432024

Highlighted filing

2020

Assets$33,363
Liabilities$14,676
Net Assets$18,687

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $236,048Expenses 2011: $272,781Net Income 2011: -$36,7332011Revenue 2012: $571,422Expenses 2012: $242,462Net Income 2012: $328,9602012Revenue 2013: $268,808Expenses 2013: $292,692Net Income 2013: -$23,8842013Revenue 2014: $399,838Expenses 2014: $331,079Net Income 2014: $68,7592014Revenue 2015: $368,154Expenses 2015: $356,749Net Income 2015: $11,4052015Revenue 2016: $289,298Expenses 2016: $356,364Net Income 2016: -$67,0662016Revenue 2017: $284,579Expenses 2017: $349,197Net Income 2017: -$64,6182017Revenue 2018: $327,415Expenses 2018: $348,486Net Income 2018: -$21,0712018Revenue 2019: $296,621Expenses 2019: $336,947Net Income 2019: -$40,3262019Revenue 2020: $363,403Expenses 2020: $363,840Net Income 2020: -$4372020Revenue 2021: $368,841Expenses 2021: $345,390Net Income 2021: $23,4512021Revenue 2022: $326,484Expenses 2022: $347,603Net Income 2022: -$21,1192022Revenue 2023: $337,622Expenses 2023: $353,115Net Income 2023: -$15,4932023Revenue 2024: $266,999Expenses 2024: $311,626Net Income 2024: -$44,6272024

Highlighted filing

2020

Revenue$363,403
Expenses$363,840
Net Income-$437
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 21, 2021
Return Version
2020v4.1
Gross Receipts
$419,234
Mission and Program Overview

Mission

Since June 2004, Emerging Scholars has been dedicated to providing opportunities that change the educational trajectory of low income intellectually gifted students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$32,954$25,413▼ $7,541
Prepaid Expenses and Deferred Charges$3,750$7,950▲ $4,200
Loans From Officers Directors$9,000$5,000▼ $4,000
Receivable From Disqualified Prsn$0--
Total Assets$36,704$33,363▼ $3,341
Liabilities
Accounts Payable and Accrued Expenses$8,580$9,676▲ $1,096
Total Liabilities$17,580$14,676▼ $2,904
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,124$18,687▼ $437
Total Net Assets Fund Balance$19,124$18,687▼ $437
Total Liabilities and Net Assets / Fund Balance$36,704$33,363▼ $3,341
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ruth HazelExecutive DirectorFT$60,000$60,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$417,425
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$-54,028
All Other Contributions
$175,308
Change in Net Assets
$-437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$249,695
Other Expenses$106,645
Total Fundraising Expense$71,738
Grants and Similar Amounts Paid$7,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$83,207$69,206$20,530$172,943
Fees for Services Other$53,602$4,577$20,210$78,389
Current Officers, Directors, Trustees, and Key Employees$24,000$12,000$24,000$60,000
Payroll Taxes$7,178$6,172$3,402$16,752
Grants to Domestic Individuals$7,500--$7,500
Insurance$2,989$2,989$0$5,978
All Other Expenses$2,264$1,927$420$4,611
Office Expenses$2,337$1,183$47$3,567
Fees for Services Legal$0$3,268$0$3,268
Other Expenses$2,540$0$0$2,540
Total Functional Expenses$190,780$101,322$71,738$363,840
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$55,831
Fundraising Gross Income$1,803
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$194,463$1,803$20,877$-19,074
Total Events$194,463$1,803$55,831$-54,028
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ruth HazelExecutive DirectorLoan paymentNo$4,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$9,000$5,000▼ $4,000
Receivables from Disqualified Persons$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Emerging Scholars Program Inc
EIN
41-2063863
Phone
7035676600
Address
2009 14th Street North, Arlington, VA 22201

Signing Officer

Name
Ruth Hazel
Title
Executive Director
Phone
7035676600
Signed
2021-06-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ruth Hazel
Formed
2002
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
11
Volunteers
5

Preparer

Firm
Hozik & Company PLC
Address
374 Maple Ave E Ste 305, Vienna, VA 22180
Preparer
Corrie Scott
Phone
7032727109
Supplemental Narrative

Additional Explanations

Pt VI, Line 15A

Board members survey like jobs in the market for similar

Pt VI, Line 15B

positions and dollar amounts.

Pt VI, Line 11B

The 990 is reviewed by the accountant, Chair and Treasurer.

Pt VI, Line 19

The Organization has a copy of the 990 on file and available for review by the public.

Other

Part III Line 4a - 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 that 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 receive approximately 1000 hours 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 child's academic and leadership potential. Strong and consistent adult support. Recommendations from the child's 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 sixteen years. The first class of 16 students began their first summer session in late June 2004. At year-end 2020, 209 students had enrolled in independent schools. Approximately 93% of the total tuition cost for these students has been awarded to them as financial aid by the enrolling schools. The seventeenth class of students began their first summer session in June 2020 and are expected to enroll in independent schools for the term beginning September 2021. ES continues the relationship with its graduates after the completion of the 14-month academy. ES tracks and mentors graduates through high school and college.

Form 990, Part IX, Line 11G

Development consulting 20210. 0. 0. 20210.

Form 990, Part IX, Line 11G

Consulting admission 39999. 39999. 0. 0.

Form 990, Part IX, Line 11G

Accounting and other 6180. 1603. 4577. 0.

Form 990, Part IX, Line 11G

Outplacement consultants 12000. 12000. 0. 0.

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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Development and public relations
IRS990/OtherExpensesGrp/Desc1Business expenses
IRS990/OtherExpensesGrp/Desc2Special events
IRS990/OtherExpensesGrp/Desc3Instruction
IRS990/OtherExpensesGrp/FundraisingAmt03129
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt13622
IRS990/OtherExpensesGrp/ProgramServicesAmt21541
IRS990/OtherExpensesGrp/ProgramServicesAmt32540
IRS990/OtherExpensesGrp/TotalAmt03129
IRS990/OtherExpensesGrp/TotalAmt13622
IRS990/OtherExpensesGrp/TotalAmt21541
IRS990/OtherExpensesGrp/TotalAmt32540
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt020530
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt069206
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt083207
IRS990/OtherSalariesAndWagesGrp/TotalAmt0172943
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03402
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06172
IRS990/PayrollTaxesGrp/ProgramServicesAmt07178
IRS990/PayrollTaxesGrp/TotalAmt016752
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03750
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07950
IRS990/PrincipalOfficerNm0Ruth Hazel
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0372390
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt06500
IRS990/PYOtherExpensesAmt073672
IRS990/PYOtherRevenueAmt0-75769
IRS990/PYRevenuesLessExpensesAmt0-40326
IRS990/PYSalariesCompEmpBnftPaidAmt0256775
IRS990/PYTotalExpensesAmt0336947
IRS990/PYTotalRevenueAmt0296621
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-437
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0417425
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0372390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0328051
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0316104
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0312190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01746160
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt059
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0102
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0149224
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74600
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.68180
IRS990ScheduleA/PublicSupportTotal170Amt01302730
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0443430
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0417425
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0372390
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0328051
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0316104
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0312190
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01746160
IRS990ScheduleA/TotalSupportAmt01746262
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0192660
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0192660
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt055831
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt019300
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt019300
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04754
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04754
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0194463
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0194463
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01803
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt01803
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-54028
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt010900
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt010900
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt020877
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt020877
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt07500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Tuition assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0None
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Ruth Hazel
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Executive Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt04000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Loan payment
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt05000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Advance
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt030000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Ruth Hazel
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Executive Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt05000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board members survey like jobs in the market for similar
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1positions and dollar amounts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The 990 is reviewed by the accountant, Chair and Treasurer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization has a copy of the 990 on file and available for review by the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Part III Line 4a - 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 that 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 receive approximately 1000 hours 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 child's academic and leadership potential. Strong and consistent adult support. Recommendations from the child's 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 sixteen years. The first class of 16 students began their first summer session in late June 2004. At year-end 2020, 209 students had enrolled in independent schools. Approximately 93% of the total tuition cost for these students has been awarded to them as financial aid by the enrolling schools. The seventeenth class of students began their first summer session in June 2020 and are expected to enroll in independent schools for the term beginning September 2021. ES continues the relationship with its graduates after the completion of the 14-month academy. ES tracks and mentors graduates through high school and college.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Development consulting 20210. 0. 0. 20210.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Consulting admission 39999. 39999. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounting and other 6180. 1603. 4577. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Outplacement consultants 12000. 12000. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.49$0.26$2.67$3.12$0.45
2023Summary only. Only limited summary data is available for this year.$0.59$0.41$0.18$3.38$3.53$0.15
2022Summary only. Only limited summary data is available for this year.$0.68$0.47$0.21$3.26$3.48$0.21
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.33$0.42$3.69$3.45$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.15$0.19$3.63$3.64$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.18$0.19$2.97$3.37$0.40
2018Summary only. Only limited summary data is available for this year.$0.78$0.19$0.59$3.27$3.48$0.21
2017Summary only. Only limited summary data is available for this year.$0.91$0.10$0.81$2.85$3.49$0.65
2016Summary only. Only limited summary data is available for this year.$1.64$0.19$1.46$2.89$3.56$0.67
2015Summary only. Only limited summary data is available for this year.$1.99$0.06$1.93$3.68$3.57$0.11
2014Summary only. Only limited summary data is available for this year.$1.95$0.13$1.82$4.00$3.31$0.69
2013Summary only. Only limited summary data is available for this year.$1.39$0.24$1.14$2.69$2.93$0.24
2012Summary only. Only limited summary data is available for this year.$4.84$0.38$4.47$5.71$2.42$3.29
2011Summary only. Only limited summary data is available for this year.$1.65$0.47$1.18$2.36$2.73$0.37