Student Sponsor Partnership Inc

Organization Overview

Student Sponsor Partnership Inc is located in New York, NY. The organization was established in 1988. As of 08/2021, Student Sponsor Partnership Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Student Sponsor Partnership Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2021, Student Sponsor Partnership Inc generated $7.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $7.6m during the year ending 08/2021. While expenses have increased by 2.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AT-RISK YOUTHS WITH TUITION NEEDED TO ATTEND PRIVATE HIGH SCHOOLS IN NYC

Describe the Organization's Program Activity:

Part 3 - Line 4a

SSP'S MISSION IS TO PROVIDE ECONOMICALLY AND EDUCATIONALLY DISADVANTAGED STUDENTS ACCESS TO PRIVATE EDUCATION THROUGH FINANCIAL SCHOLARSHIPS PROVIDED BY A SPONSOR AND INDIVIDUAL MENTORING AND COACHING PROVIDED BY AN ADULT MENTOR. SSP FURTHER SUPPORTS OUR STUDENTS WITH COLLEGE READINESS PROGRAMS AND COLLEGE SCHOLARSHIPS. SSP HAS FINANCED AND GUIDED OVER 7,000 STUDENTS THROUGH HIGH SCHOOL. 1008 SSP STUDENTS COMPLETED THE 2020-2021 SCHOOL YEAR AND RECEIVED OVER $5 MILLION IN SCHOLARSHIPS FROM SSP TO ATTEND 26 PRIVATE AND PAROCHIAL SCHOOLS THROUGHOUT NEW YORK CITY. OUR MENTORS CONTRIBUTE OVER 7,000 HOURS EVERY YEAR TO DIRECTLY SUPPORT OUR STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Debra Vizzi
Exec.dir.
$476,667
Heather Turner
Chief Of Staff
$175,776
Julia Spector
Dir. Of Philanthropy
$134,096
Mary Faddoul
VP Programs
$123,338
Christopher J Niehaus
Chair
$0
Jim Healy
Vice-Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,008,748
Related organizations$0
Government grants $332,400
All other contributions, gifts, grants, and similar amounts not included above$6,519,119
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,860,267
Total Program Service Revenue$0
Investment income $33,814
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$36,392
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,857,689

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Student Sponsor Partnership Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Shelly And Neil Mitchell Family Foundation

Springfield, NJ

PURPOSE: GENERAL

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,085,217
Earnings$256,601
Net Contributions$47,600
Grants$20,000
Ending Balance$2,369,418

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