Civic Intelligence

Scholar Fund

990EZ • Fiscal year 2019 • EIN 81-3153433

Jan 01, 2019 to Dec 31, 2019 • Filed on May 15, 2020

Organization ProfileN/A

View Organization Page

PO Box 45406Seattle, WA 98145

(206) 724-3547

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

43rd percentile

0.5%

Higher net margin than 43% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

86th percentile

$26,450

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 28.4% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

$6,288

No earlier filing loaded for comparison.

Net Assets

$6,288

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin43rd percentile

Revenue

$93,156

No earlier filing loaded for comparison.

Expenses

$92,663

No earlier filing loaded for comparison.

Net Income

$493

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Assets 2019: $6,288Liabilities 2019: $0Net Assets 2019: $6,2882019Assets 2020: $2,443,097Liabilities 2020: $744,972Net Assets 2020: $1,698,1252020Assets 2023: $5,238,927Liabilities 2023: $2,595,324Net Assets 2023: $2,643,6032023

Highlighted filing

2019

Assets$6,288
Liabilities$0
Net Assets$6,288
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60M$40M$20M$0-$20MRevenue 2019: $93,156Expenses 2019: $92,663Net Income 2019: $4932019Revenue 2020: $15,143,479Expenses 2020: $13,445,352Net Income 2020: $1,698,1272020Revenue 2023: $45,276,999Expenses 2023: $45,725,910Net Income 2023: -$448,9112023

Highlighted filing

2019

Revenue$93,156
Expenses$92,663
Net Income$493
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 15, 2020
Return Version
2019v5.0
Gross Receipts
$93,156
Mission and Program Overview

Mission

Our mission is to help students find ways to afford higher education through applying for scholarships

Program Services

DescriptionGrantsExpenses
Scholarship Matching The scholarship matching tool developed and designed by Scholar Fund reaches more than 7,000 students per month to help them find the best scholarship opportunities. This scholarship tool helps students across the nation search and match with billions of dollars in scholarships based on their preferences, interests, and demographics. During the summer of 2019, our Twitter outreach grew to over 1 million impressions and added an additional 3,500 followers.-$30,888
Essay Support The Story Fellows program at Scholar Fund provides free one-on-one essay revision for any scholarship or college application essay. Here each submission is guided through an intensive grammar and structural content review. We work with each story to ensure that the right moment is picked, and the literary craft moves utilized to enhance the story to competitive levels. Hundreds of essays were reviewed helping students win millions of dollars in scholarships and gain entrance into their dream schools. From personalized guides to one-on-one support we meet students where they are.-$30,888
Career Navigation The Job Junkies program at Scholar Fund is designed to help students land their dream internship or first job out of college through personalized resume review and career support. Any student across the United States can submit a resume or cover letter and get feedback from individuals well versed in job placement. In addition, we service a job board so students can locate internship opportunities catered to their interests and goals. To further improve the process we have a skills training area where students can learn digital tools to improve their ability to land an internship in tech or design.-$30,887
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brent SchroeterDirectorPT$26,450-$26,450
David CovenCEOPT$15,160-$15,160
Malachi WilliamsDirectorPT$15,160-$15,160
Filing and Contact Details

Filer

Filer Name
Scholar Fund
EIN
81-3153433
Phone
2067243547
Address
PO BOX 45406, Seattle, WA 98145

Signing Officer

Name
David Coven
Title
CEO
Signed
2020-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Daniel Lee CPA
Address
3874 DUNCAN AVE, CLOVIS, CA 93619
Preparer
Daniel Lee CPA
Phone
5599081363
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $7637”

Other Expenses.1009

“Depreciation $287”

Other Expenses.1

“Room and Board Subsidies $13864”

Other Expenses.2

“miscellaneous $4162”

Other Expenses.3

“Uncategorized $3217”

Other Expenses.4

“Volunteer Recruitment $933”

Other Expenses.5

“Content Development $149”

Other Assets.1002

“Furniture and Fixtures - Beginning $1293 Furniture and Fixtures - Ending $1006”

Raw XML Appendix149 raw XML fields

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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Essay Support The Story Fellows program at Scholar Fund provides free one-on-one essay revision for any scholarship or college application essay. Here each submission is guided through an intensive grammar and structural content review. We work with each story to ensure that the right moment is picked, and the literary craft moves utilized to enhance the story to competitive levels. Hundreds of essays were reviewed helping students win millions of dollars in scholarships and gain entrance into their dream schools. From personalized guides to one-on-one support we meet students where they are.
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ReturnHeader/ReturnTs02020-05-15T16:12:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,288
Liabilities
$0
Net assets
$6,288
Revenue
$93,156
Expenses
$92,663
Net income
$493
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.24$2.60$2.64$45.3$45.7$0.45
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.74$1.70$15.1$13.4$1.70
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.09$0.09$0.00