Education For Scholars Inc is located in Tulsa, OK. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education For Scholars 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 12/2023, Education For Scholars Inc generated $112.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $148.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
2023 ACCOMPLISHMENTS: -INCREASED INCOME FROM 2021 TO 2023 BY 453% -INCREASED BOARD MEMBERSHIP BY 6 NEW MEMBERS -16,709.65 RAISED TO OPEN OUR YOUTH AND FAMILY RESILIENCE CENTER -FORMED A CAPACITY BUILDING TEAM CONSISTING OF 4 BOARD MEMBER LEAD COMMITTEES -ADDED 9 NEW FOUNDATIONS AND DONORS. SCHOLARS REACHED (2022-2023) -187 SCHOLARS -6 HS STUDENT INTERNS -23 PARTICIPATED IN COLLEGE TOURS -25 PARTICIPANTS AT THE ANNUAL FAMILY CAREER FAIR STEM + COLLEGE AND CAREER RESULTS (2022 - 2023) -100% HS SCHOLARS IN ENROLLED COLLEGE TEST PREP -98% REPORTED AN INCREASED KNOWLEDGE OF COLLEGE AND CAREER READINESS -80% JUNIORS AND SENIORS ACCEPTED TO COLLEGE -53% MADE APPLICATION TO ATTEND COLLEGE OR TECH SCHOOL TO OBTAIN A STEM CAREERS -67% INCREASED KNOWLEDGE OF STEM CAREERS AND ACTIVITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merleanna Dick Executive Di | 20 | $29,702 | |
Shadrack Koech Treasurer | 1 | $0 | |
Isaac Causey Board Chair | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,852 |
| Total Program Service Revenue | $3,600 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,471 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,354 |
| Professional fees and other payments to independent contractors | $20,574 |
| Occupancy, rent, utilities, and maintenance | $600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $97,011 |
| Total expenses | $148,539 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,157 |
| Other assets | $0 |
| Total assets | $85,559 |
| Total liabilities | $1,053 |
| Net assets or fund balances | $84,506 |