The Oliver Scholars Program Inc

Organization Overview

The Oliver Scholars Program Inc is located in New York, NY. The organization was established in 1985. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2023, Oliver Scholars Program Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oliver Scholars Program 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, Oliver Scholars Program Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $4.8m during the year ending 12/2023. While expenses have increased by 11.2% per year over the past 9 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PREPARE HIGH-ACHIEVING AFRICAN-AMERICAN AND LATINO STUDENTS FOR SUCCESS. WE PROVIDE CRUCIAL SUPPORT FOR OUR SCHOLARS SO THAT THEY CAN REALIZE THEIR FULL POTENTIAL AND ULTIMATELY GIVE BACK TO THE CITY, THE NATION, AND THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLAR IMMERSION PROGRAM: THE SCHOLAR IMMERSION PROGRAM, ALSO KNOWN AS SIP, IS A 14-MONTH ACADEMIC AND SOCIAL ENRICHMENT PROGRAM INTENDED TO GIVE STUDENTS THE ACADEMIC, STUDY, AND SOCIAL SKILLS THEY WILL NEED TO BE SUCCESSFUL AT RIGOROUS HIGH SCHOOLS. STUDENTS ATTEND THE PROGRAM FOR TWO 6-WEEK SUMMER SESSIONS AND A YEAR OF SATURDAY CLASSES. THE SUMMER PROGRAM INCLUDES ONE-WEEK OF RESIDENTIAL PROGRAMMING AT A PARTNER BOARDING SCHOOL TO GIVE STUDENTS EXPOSURE TO THAT EXPERIENCE AND TO DEEPEN CONNECTIONS ACROSS THEIR COHORTS.


THE GOAL OF THE COLLEGE BOUND INITIATIVES DEPARTMENT IS TO LEAD THE COLLEGE SEARCH AND APPLICATION PROCESS, INSPIRE SCHOLARS TO SEEK "BEST FIT" COLLEGES, COLLABORATE WITH INDEPENDENT SCHOOL COUNSELORS, EDUCATE AND PREPARE FAMILIES FOR THE TRANSITION TO COLLEGE. WHILE SCHOLARS RECEIVE INTENSIVE SUPPORT SPECIFICALLY GEARED TOWARD PREPARING THEM FOR THE COLLEGE APPLICATION PROCESS BEGINNING IN THEIR JUNIOR YEAR, OLIVER IS INTENTIONAL IN CREATING A COLLEGE-GOING CULTURE AND BUILDING COLLEGE READINESS SKILLS BEGINNING IN MIDDLE SCHOOL THROUGH HIGH SCHOOL.


SCHOLAR SERVICES: ONCE OUR SCHOLARS MATRICULATE AT COMPETITIVE HIGH SCHOOLS, THEY CONTINUE TO RECEIVE SUPPORT FROM THE OLIVER SCHOLARS SCHOLAR SERVICES TEAM. EVERY SCHOLAR ATTENDING AN INDEPENDENT BOARDING SCHOOL RECEIVES 1-2 ON-CAMPUS VISITS FROM A MEMBER OF OUR TEAM. WE MONITOR HOW STUDENTS ARE ADJUSTING ACADEMICALLY AND SOCIALLY AND MEET WITH SCHOOL OFFICIALS TO ENSURE THAT STUDENTS HAVE THE SUPPORT THEY NEED TO THRIVE. OUR PUBLIC HIGH SCHOOL SCHOLARS ATTEND PROGRAMMING ONCE A MONTH TO STAY CONNECTED AND RECEIVE THE SAME ACADEMIC AND SOCIAL SUPPORT AS THEIR INDEPENDENT SCHOOL COHORTS. SIGNATURE ACTIVITIES INCLUDE AN ANNUAL COMMUNITY SERVICE DAY AND OUR ANNUAL STUDENT CONFERENCE, IN OUR OWN VOICES. ADDITIONALLY, OUR HIGH SCHOOL STUDENTS AND THEIR FAMILIES RECEIVE ONGOING COLLEGE COUNSELING, COLLEGE VISITS, COLLEGE ESSAY REVIEWS, AND FINANCIAL AID GUIDANCE. AND WE CONTINUE TO SUPPORT THEM VIA ACCESS TO INTERNSHIPS AND MENTORS ONCE THEY MATRICULATE AT COLLEGE - WHERE WE CONTINUE TO PROVIDE FINANCIAL AID AND TRANSFER SUPPORT.


ADMISSIONS & PLACEMENT: OUR ADMISSIONS AND PLACEMENT PROGRAM IS FOCUSED ON DEVELOPING TRUSTING RELATIONSHIPS WITH MIDDLE SCHOOLS AND COMMUNITY-BASED ORGANIZATIONS ACROSS THE FIVE BOROUGHS OF NEW YORK CITY TO IDENTIFY HIGH-ACHIEVING BLACK AND LATINX 7TH GRADERS FOR PARTICIPATION IN THE OLIVER SCHOLARS PROGRAM. WE HOST ADMISSIONS INFORMATION SESSIONS ACROSS THE CITY TO EDUCATE FAMILIES ABOUT THE EDUCATION OPTIONS AVAILABLE TO THEIR HIGH POTENTIAL STUDENTS. ONCE ADMITTED, THESE STUDENTS HAVE ACCESS TO OUR SIGNATURE SCHOLAR IMMERSION PROGRAM AND HIGH SCHOOL APPLICATION SUPPORT FROM OUR PLACEMENT TEAM FOR INDEPENDENT DAY, BOARDING SCHOOLS AND COMPETITIVE PUBLIC HIGH SCHOOLS. THE PLACEMENT TEAM DEVELOPS STRONG PARTNERSHIP RELATIONSHIPS WITH OUR INDEPENDENT CONSORTIUM SCHOOLS IN THE CITY AND ACROSS THE COUNTRY TO ENSURE OUR SCHOLARS HAVE THE SUPPORT AND FINACIAL AID THEY NEED TO SUCCEED IN HIGH SCHOOL.


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Board, Officers & Key Employees

Name (title)Compensation
Dorothea Schlosser
Chair
$0
Louisa Troubh
Vice Chair
$0
Keith Canton
Secretary
$0
Gustavo Schwed
Treasurer
$0
Terry-Ann Burrell
Trustee
$0
Nicholas Doering-Dorival
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Desire & Company Cpas Pllc
Cfo Services
$114,000
Bee Season Consulting
Event Planner
$104,141
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$821,736
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$904,336
Noncash contributions included in lines 1a–1f $12,391
Total Revenue from Contributions, Gifts, Grants & Similar$1,726,072
Total Program Service Revenue$0
Investment income $545,075
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $324,205
Net Income from Fundraising Events -$101,855
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,494,207

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