Civic Intelligence

Scs Noonan Scholars

990 • Fiscal year 2019 • EIN 45-5619310

Sep 01, 2018 to Aug 31, 2019 • Filed on Jan 10, 2020

160 State Street 3rd FloorBoston, MA 02109

(617) 580-9149

Siviq Scores

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

Liabilities / Assets

49th percentile

0.14x

Higher debt load relative to assets than 49% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

38th percentile

0.10x

Higher debt load relative to revenue than 38% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

81st percentile

$231,775

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

97th percentile

125%

Faster asset growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

96th percentile

161%

Faster revenue growth than 96% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$4,880,386

Up $2,713,110 (+125%) from 2018

Net Assets

Up

$4,178,725

Up $2,413,469 (+137%) from 2018

Liabilities

Up

$701,661

Up $299,641 (+75%) from 2018

Revenue

Up

$7,313,057

Up $4,510,097 (+161%) from 2018

Expenses

Up

$4,901,649

Up $1,783,008 (+57%) from 2018

Net Income

Up

$2,411,408

Up $2,727,089 (+864%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $1Liabilities 2013: $02013Assets 2014: $8,561Net Assets 2014: $8,5612014Assets 2015: $153,155Liabilities 2015: $12,192Net Assets 2015: $140,9632015Assets 2016: $264,757Liabilities 2016: $4,468Net Assets 2016: $260,2892016Assets 2017: $2,169,238Liabilities 2017: $88,044Net Assets 2017: $2,081,1942017Assets 2018: $2,167,276Liabilities 2018: $402,020Net Assets 2018: $1,765,2562018Assets 2019: $4,880,386Liabilities 2019: $701,661Net Assets 2019: $4,178,7252019Assets 2020: $6,402,096Liabilities 2020: $740,469Net Assets 2020: $5,661,6272020Assets 2021: $14,006,320Liabilities 2021: $785,512Net Assets 2021: $13,220,8082021Assets 2022: $11,146,876Liabilities 2022: $2,595,462Net Assets 2022: $8,551,4142022Assets 2023: $12,503,639Liabilities 2023: $3,180,782Net Assets 2023: $9,322,8572023Assets 2024: $8,721,527Liabilities 2024: $2,703,175Net Assets 2024: $6,018,3522024

Highlighted filing

2019

Assets$4,880,386
Liabilities$701,661
Net Assets$4,178,725

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2012: $618Expenses 2012: $618Net Income 2012: $02012Revenue 2013: $942Expenses 2013: $942Net Income 2013: $02013Revenue 2014: $27,950Expenses 2014: $19,389Net Income 2014: $8,5612014Revenue 2015: $436,959Expenses 2015: $305,424Net Income 2015: $131,5352015Revenue 2016: $663,227Expenses 2016: $543,901Net Income 2016: $119,3262016Revenue 2017: $1,708,197Expenses 2017: $1,062,449Net Income 2017: $645,7482017Revenue 2018: $2,802,960Expenses 2018: $3,118,641Net Income 2018: -$315,6812018Revenue 2019: $7,313,057Expenses 2019: $4,901,649Net Income 2019: $2,411,4082019Revenue 2020: $6,595,380Expenses 2020: $5,112,478Net Income 2020: $1,482,9022020Revenue 2021: $13,719,971Expenses 2021: $6,758,247Net Income 2021: $6,961,7242021Revenue 2022: $11,903,031Expenses 2022: $16,548,408Net Income 2022: -$4,645,3772022Revenue 2023: $21,264,461Expenses 2023: $20,107,721Net Income 2023: $1,156,7402023Revenue 2024: $18,456,224Expenses 2024: $21,773,451Net Income 2024: -$3,317,2272024

Highlighted filing

2019

Revenue$7,313,057
Expenses$4,901,649
Net Income$2,411,408
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jan 10, 2020
Return Version
2018v3.2
Gross Receipts
$7,313,057
Mission and Program Overview

Mission

The mission of thrive scholars is to help high-achieving, underrepresented students from economically disadvantaged communities get into and graduate from top colleges equipped to achieve their full career potential.

The mission of scs noonan scholars is for high-achieving, low-income, underrepresented students to get into and graduate from top colleges equipped to reach their full career potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,061,690$3,972,687▲ $2,910,997
Cash and Non-Interest-Bearing Accounts$602,623$707,829▲ $105,206
Land, Buildings, and Equipment, Net$22,342$90,627▲ $68,285
Investments in Publicly Traded Securities$437,732$61,548▼ $376,184
Prepaid Expenses and Deferred Charges$27,468$20,230▼ $7,238
Total Assets$2,167,276$4,880,386▲ $2,713,110
Other Assets Total$15,421$27,465▲ $12,044
Liabilities
Accounts Payable and Accrued Expenses$102,020$424,086▲ $322,066
Other Liabilities$300,000$150,000▼ $150,000
Grants Payable-$127,575-
Total Liabilities$402,020$701,661▲ $299,641
Net Assets / Fund Balance
Temporarily Rstr Net Assets$675,000$3,777,187▲ $3,102,187
Unrestricted Net Assets$1,090,256$401,538▼ $688,718
Total Net Assets Fund Balance$1,765,256$4,178,725▲ $2,413,469
Total Liabilities and Net Assets / Fund Balance$2,167,276$4,880,386▲ $2,713,110

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$52,753$15,796$68,549
Leasehold Improvements$37,874$14,511$52,385
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve SteinCEOFT$226,044$5,731$231,775
Ana ArchibaldChief Prog OFT$120,008$3,443$123,451

Board Members and Trustees

NameTitle
James T LondonBoard Chair
Pat KirbyVice Chair
Bob FunariDirector
Brian LenihanDirector
Evelyn HouDirector
Jeff WeissDirector
Joan HermanDirector
Melvin LindseyDirector
Patrica LondonDirector
Renita SmithDirector
Rick HessDirector
Samantha WoodruffDirector
Sean LoganDirector
Stuart LinerDirector
Russell SteinSecretary
Callum HendersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,301,791
Program Service Revenue
$0
Investment Income
$11,266
Other Revenue
$0
All Other Contributions
$7,301,791
Change in Net Assets
$2,411,408

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,313,057
Total Revenue per Audited Statements
$7,313,057
Total Revenue per Form 990
$7,313,057
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,022,093
Grants and Similar Amounts Paid$1,495,348
Other Expenses$1,384,208
Total Fundraising Expense$588,724
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,073,884$157,363$285,363$1,516,610
Grants to Domestic Individuals$1,495,348--$1,495,348
Fees for Services Other$458,118$189,814$34,472$682,404
Occupancy$150,373$61,914$77,949$290,236
Current Officers, Directors, Trustees, and Key Employees$121,488$36,446$85,041$242,975
Payroll Taxes$95,219$15,403$29,406$140,028
Travel$50,679$53,841$21,852$126,372
Information Technology$83,291$28,044$14,212$125,547
Other Employee Benefits$84,433$13,218$24,829$122,480
Fees for Services Accounting-$81,750-$81,750
Office Expenses$21,567$14,854$9,176$45,597
Insurance$16,676$1,579$4,921$23,176
Depreciation Depletion$5,400$2,223$1,503$9,126
Total Functional Expenses$3,656,476$656,449$588,724$4,901,649

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,901,649
Total Expenses per Audited Statements$4,901,649
Total Expenses per Form 990$4,901,649
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$150,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Patricia london james london director board chair husband/ wife

Form 990, Page 6, Part VI, Line 4

Implementation of term limits for trustees trustees, other than alumni trustees shall hold office for a three-year term and each trustee shall continue in office for such term and until such trustee's successor shall have been elected and qualified, or until such trustee's death, resignation or removal. Trustee terms shall be staggered into three groups so that in any given year only one-third of the trustees are up for re-election. In establishing these staggered terms, initial terms of trustees may be less than three years. Trustees, other than alumni trustees, may be elected to up to three consecutive terms. Creation of alumni trustee positions up to two alumni may be elected as alumni trustees by a majority of the board of trustees to serve as trustees on the board of trustees. To become an alumni trustee, a person shall be nominated by a trustee (or a committee of the board of trustees) from a list of interested and eligible alumni of the corporation's (or any predecessor organization) programs (i.e., a past scholar). Eligibility requirements shall be determined by the board of trustees or a committee thereof. Each alumni trustee shall serve for a non-renewable three-year term, provided, however, that the first alumni trustee shall serve for a four- year term and the second alumni trustee shall serve for a three-year term in order to established staggered terms. Alumni trustees shall have the same voting powers as trustees. After an alumni trustee's term expires, such person could be eligible for an open trustee position, subject to nomination and approval by the board of trustees pursuant to this article iv.

Form 990, Page 6, Part VI, Line 11B

The form 990 is approved by some board members, including the chair and treasurer.

Form 990, Page 6, Part VI, Line 12C

Scs reviews the conflict of interest disclosure with all trustees and all trustees complete a disclosure form annually.

Form 990, Page 6, Part VI, Line 15A

The compensation offer for the director of operations was negotiated by an independent person (pro bono consultant). An annual review takes place with representatives of the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are made available upon request. No requests for information were made during the year.

Filing and Contact Details

Filer

Filer Name
Scs Noonan Scholars
EIN
45-5619310
Phone
6175809149
Address
160 STATE STREET 3RD FLOOR, BOSTON, MA 02109

Signing Officer

Name
Steve Stein
Title
CEO
Phone
6175809149
Signed
2020-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Stein
Formed
2014
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
23
Volunteers
345

Preparer

Firm
Daviskelly Llp
Address
4238 WASHINGTON ST STE 307, BOSTON, MA 02131-2517
Preparer
Randall S Davis
Phone
9787648966
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

As high school juniors and seniors, scs noonan scholars benefit from: summer academy, our cornerstone program, a 6-week rigorous academic preparation program that gives students 210+ hours of instruction in college-level writing, math, and other stem courses taught by college professors. Summer academy is designed to offset the discrepancy in academic preparation between our students and those from more affluent schools so that scholars are able to persist and graduate in rigorous majors. Summer academy takes place in a residential setting at amherst college in massachusetts for all high school juniors and at the university of southern california in los angeles for all graduating high school seniors. After completing our summer academy, over 75% of first-year college scholars earned at least a 3.0 in the fall semester and the average fall semester gpa was 3.25. 65% of our stem interested scholars persist and graduate with a stem degree, compared with 25% for similar students. College counseling, to educate students about the application and financial aid process with an emphasis on selective colleges. Students receive tailored guidance to ensure that they apply, gain admission to, and attend best fit, top-ranked universities. During the 2018-2019 application period, 91% were admitted to a top 100 college, 82% were admitted to a top 50 college, and 29% were admitted to an ivy league or similar college (including duke, mit, stanford, and the university of chicago). 74% received a no-loan financial aid package. Once in college, scs noonan scholars receive: individual college support: help for scholars struggling academically or socially/emotionally through individual planning and accessing campus resources. Career coaching: a dedicated career coach to help our scholars one-on-one to build resumes, write and edit cover letters, prepare for interviews, and develop hard and soft career skills. Professional network: access to an extensive internship and job network in fields such as medicine, the life sciences, law, and finance. Our network includes numerous fortune 500 corporations. Mentorship: one-to-one professional mentors for tailored support, guidance, and career exposure. Bridge stipend: four-year bridge stipend of 1,000 per year to help cover the needs unmet by financial aid packages. 98% of our scholars graduate from college compared to less than 50% for similar students. Our scholars outperform the general population at top 100 schools. They are 15% more likely to persist in stem degrees than the general population (65% to 56%) and they are 10% more likely to graduate than the general population (98% to 89%).

Form 990, Part IX, Line 11G

Teachers 456,618 0 0 consultants 1,500 6,987 0 recruiter 0 119,591 0 fundraising consultant 0 0 34,472 mkt and branding consultant 0 63,236 0 total 458,118 189,814 34,472

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IRS990/ActivityOrMissionDesc0THE MISSION OF SCS NOONAN SCHOLARS IS FOR HIGH-ACHIEVING, LOW-INCOME, UNDERREPRESENTED STUDENTS TO GET INTO AND GRADUATE FROM TOP COLLEGES EQUIPPED TO REACH THEIR FULL CAREER POTENTIAL.
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IRS990/Desc0AS HIGH SCHOOL JUNIORS AND SENIORS, SCS NOONAN SCHOLARS BENEFIT FROM: SUMMER ACADEMY, OUR CORNERSTONE PROGRAM, A 6-WEEK RIGOROUS ACADEMIC PREPARATION PROGRAM THAT GIVES STUDENTS 210+ HOURS OF INSTRUCTION IN COLLEGE-LEVEL WRITING, MATH, AND OTHER STEM COURSES TAUGHT BY COLLEGE PROFESSORS. SUMMER ACADEMY IS DESIGNED TO OFFSET THE DISCREPANCY IN ACADEMIC PREPARATION BETWEEN OUR STUDENTS AND THOSE FROM MORE AFFLUENT SCHOOLS SO THAT SCHOLARS ARE ABLE TO PERSIST AND GRADUATE IN RIGOROUS MAJORS. SUMMER ACADEMY TAKES PLACE IN A RESIDENTIAL SETTING AT AMHERST COLLEGE IN MASSACHUSETTS FOR ALL HIGH SCHOOL JUNIORS AND AT THE UNIVERSITY OF SOUTHERN CALIFORNIA IN LOS ANGELES FOR ALL GRADUATING HIGH SCHOOL SENIORS. AFTER COMPLETING OUR SUMMER ACADEMY, OVER 75% OF FIRST-YEAR COLLEGE SCHOLARS EARNED AT LEAST A 3.0 IN THE FALL SEMESTER AND THE AVERAGE FALL SEMESTER GPA WAS 3.25. 65% OF OUR STEM INTERESTED SCHOLARS PERSIST AND GRADUATE WITH A STEM DEGREE, COMPARED WITH 25% FOR SIMILAR STUDENTS. COLLEGE COUNSELING, TO EDUCATE STUDENTS ABOUT THE APPLICATION AND FINANCIAL AID PROCESS WITH AN EMPHASIS ON SELECTIVE COLLEGES. STUDENTS RECEIVE TAILORED GUIDANCE TO ENSURE THAT THEY APPLY, GAIN ADMISSION TO, AND ATTEND BEST FIT, TOP-RANKED UNIVERSITIES. DURING THE 2018-2019 APPLICATION PERIOD, 91% WERE ADMITTED TO A TOP 100 COLLEGE, 82% WERE ADMITTED TO A TOP 50 COLLEGE, AND 29% WERE ADMITTED TO AN IVY LEAGUE OR SIMILAR COLLEGE (INCLUDING DUKE, MIT, STANFORD, AND THE UNIVERSITY OF CHICAGO). 74% RECEIVED A NO-LOAN FINANCIAL AID PACKAGE. ONCE IN COLLEGE, SCS NOONAN SCHOLARS RECEIVE: INDIVIDUAL COLLEGE SUPPORT: HELP FOR SCHOLARS STRUGGLING ACADEMICALLY OR SOCIALLY/EMOTIONALLY THROUGH INDIVIDUAL PLANNING AND ACCESSING CAMPUS RESOURCES. CAREER COACHING: A DEDICATED CAREER COACH TO HELP OUR SCHOLARS ONE-ON-ONE TO BUILD RESUMES, WRITE AND EDIT COVER LETTERS, PREPARE FOR INTERVIEWS, AND DEVELOP HARD AND SOFT CAREER SKILLS. PROFESSIONAL NETWORK: ACCESS TO AN EXTENSIVE INTERNSHIP AND JOB NETWORK IN FIELDS SUCH AS MEDICINE, THE LIFE SCIENCES, LAW, AND FINANCE. OUR NETWORK INCLUDES NUMEROUS FORTUNE 500 CORPORATIONS. MENTORSHIP: ONE-TO-ONE PROFESSIONAL MENTORS FOR TAILORED SUPPORT, GUIDANCE, AND CAREER EXPOSURE. BRIDGE STIPEND: FOUR-YEAR BRIDGE STIPEND OF 1,000 PER YEAR TO HELP COVER THE NEEDS UNMET BY FINANCIAL AID PACKAGES. 98% OF OUR SCHOLARS GRADUATE FROM COLLEGE COMPARED TO LESS THAN 50% FOR SIMILAR STUDENTS. OUR SCHOLARS OUTPERFORM THE GENERAL POPULATION AT TOP 100 SCHOOLS. THEY ARE 15% MORE LIKELY TO PERSIST IN STEM DEGREES THAN THE GENERAL POPULATION (65% TO 56%) AND THEY ARE 10% MORE LIKELY TO GRADUATE THAN THE GENERAL POPULATION (98% TO 89%).
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0NOONAN SCHOLARS PROVIDES FOUR-YEAR RENEWABLE SCHOLARSHIPS RANGING FROM 500-2500 EACH YEAR, ALONG WITH COMPUTERS, HOUSING, AND SUPPORT FOR OTHER EXPENSES. STUDENTS RECEIVE SCHOLARSHIP CHECKS IN AUGUST AND IN JANUARY, AFTER HAVING COMPLETED A SCHOLARSHIP RENEWAL PROCESS, WITH INCLUDES SUBMITTING INFORMATION AND TRANSCRIPT WITH CUMULATIVE GPA THROUGH AN ONLINE FORM. IN THE RENEWAL FORM, STUDENTS MUST INDICATE COMPLETION OF ALL OF THE PROGRAM REQUIREMENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS HIGH SCHOOL JUNIORS AND SENIORS, SCS NOONAN SCHOLARS BENEFIT FROM: SUMMER ACADEMY, OUR CORNERSTONE PROGRAM, A 6-WEEK RIGOROUS ACADEMIC PREPARATION PROGRAM THAT GIVES STUDENTS 210+ HOURS OF INSTRUCTION IN COLLEGE-LEVEL WRITING, MATH, AND OTHER STEM COURSES TAUGHT BY COLLEGE PROFESSORS. SUMMER ACADEMY IS DESIGNED TO OFFSET THE DISCREPANCY IN ACADEMIC PREPARATION BETWEEN OUR STUDENTS AND THOSE FROM MORE AFFLUENT SCHOOLS SO THAT SCHOLARS ARE ABLE TO PERSIST AND GRADUATE IN RIGOROUS MAJORS. SUMMER ACADEMY TAKES PLACE IN A RESIDENTIAL SETTING AT AMHERST COLLEGE IN MASSACHUSETTS FOR ALL HIGH SCHOOL JUNIORS AND AT THE UNIVERSITY OF SOUTHERN CALIFORNIA IN LOS ANGELES FOR ALL GRADUATING HIGH SCHOOL SENIORS. AFTER COMPLETING OUR SUMMER ACADEMY, OVER 75% OF FIRST-YEAR COLLEGE SCHOLARS EARNED AT LEAST A 3.0 IN THE FALL SEMESTER AND THE AVERAGE FALL SEMESTER GPA WAS 3.25. 65% OF OUR STEM INTERESTED SCHOLARS PERSIST AND GRADUATE WITH A STEM DEGREE, COMPARED WITH 25% FOR SIMILAR STUDENTS. COLLEGE COUNSELING, TO EDUCATE STUDENTS ABOUT THE APPLICATION AND FINANCIAL AID PROCESS WITH AN EMPHASIS ON SELECTIVE COLLEGES. STUDENTS RECEIVE TAILORED GUIDANCE TO ENSURE THAT THEY APPLY, GAIN ADMISSION TO, AND ATTEND BEST FIT, TOP-RANKED UNIVERSITIES. DURING THE 2018-2019 APPLICATION PERIOD, 91% WERE ADMITTED TO A TOP 100 COLLEGE, 82% WERE ADMITTED TO A TOP 50 COLLEGE, AND 29% WERE ADMITTED TO AN IVY LEAGUE OR SIMILAR COLLEGE (INCLUDING DUKE, MIT, STANFORD, AND THE UNIVERSITY OF CHICAGO). 74% RECEIVED A NO-LOAN FINANCIAL AID PACKAGE. ONCE IN COLLEGE, SCS NOONAN SCHOLARS RECEIVE: INDIVIDUAL COLLEGE SUPPORT: HELP FOR SCHOLARS STRUGGLING ACADEMICALLY OR SOCIALLY/EMOTIONALLY THROUGH INDIVIDUAL PLANNING AND ACCESSING CAMPUS RESOURCES. CAREER COACHING: A DEDICATED CAREER COACH TO HELP OUR SCHOLARS ONE-ON-ONE TO BUILD RESUMES, WRITE AND EDIT COVER LETTERS, PREPARE FOR INTERVIEWS, AND DEVELOP HARD AND SOFT CAREER SKILLS. PROFESSIONAL NETWORK: ACCESS TO AN EXTENSIVE INTERNSHIP AND JOB NETWORK IN FIELDS SUCH AS MEDICINE, THE LIFE SCIENCES, LAW, AND FINANCE. OUR NETWORK INCLUDES NUMEROUS FORTUNE 500 CORPORATIONS. MENTORSHIP: ONE-TO-ONE PROFESSIONAL MENTORS FOR TAILORED SUPPORT, GUIDANCE, AND CAREER EXPOSURE. BRIDGE STIPEND: FOUR-YEAR BRIDGE STIPEND OF 1,000 PER YEAR TO HELP COVER THE NEEDS UNMET BY FINANCIAL AID PACKAGES. 98% OF OUR SCHOLARS GRADUATE FROM COLLEGE COMPARED TO LESS THAN 50% FOR SIMILAR STUDENTS. OUR SCHOLARS OUTPERFORM THE GENERAL POPULATION AT TOP 100 SCHOOLS. THEY ARE 15% MORE LIKELY TO PERSIST IN STEM DEGREES THAN THE GENERAL POPULATION (65% TO 56%) AND THEY ARE 10% MORE LIKELY TO GRADUATE THAN THE GENERAL POPULATION (98% TO 89%).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PATRICIA LONDON JAMES LONDON DIRECTOR BOARD CHAIR HUSBAND/ WIFE

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.72$2.70$6.02$18.5$21.8$3.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$3.18$9.32$21.3$20.1$1.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$2.60$8.55$11.9$16.5$4.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$0.79$13.2$13.7$6.76$6.96
2020Summary only. Only limited summary data is available for this year.$6.40$0.74$5.66$6.60$5.11$1.48
2019Detailed filing. Detailed filing data is available for this year.$4.88$0.70$4.18$7.31$4.90$2.41
2018Summary only. Only limited summary data is available for this year.$2.17$0.40$1.77$2.80$3.12$0.32
2017Summary only. Only limited summary data is available for this year.$2.17$0.09$2.08$1.71$1.06$0.65
2016Summary only. Only limited summary data is available for this year.$0.26$0.00$0.26$0.66$0.54$0.12
2015Summary only. Only limited summary data is available for this year.$0.15$0.01$0.14$0.44$0.31$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.03$0.02$0.01
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00