Scholar Athletes Inc

Organization Overview

Scholar Athletes Inc is located in Boston, MA. The organization was established in 2010. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scholar Athletes 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 08/2022, Scholar Athletes Inc generated $332.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.5%) each year. All expenses for the organization totaled $103.0k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (39.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SCHOLAR ATHLETES, INC. (THE ORGANIZATION") IS A REGISTERED 501(C)(3) ORGANIZATION WHOSE MISSION IS TO IMPROVE ACADEMIC ACHIEVEMENT THROUGH ATHLETICS. THE ORGANIZATION FOSTERS INDIVIDUAL STUDENT-ATHLETE GROWTH THROUGH A FOCUS ON THREE CORE PROGRAM AREAS: ACADEMIC COACHING AND MENTORING, HEALTH AND WELLNESS, AND COLLEGE AND CAREER READINESS INITIATIVES. THE ORGANIZATION PARTNERS WITH PUBLIC HIGH SCHOOLS TO HELP CLOSE THE OPPORTUNITY GAP FOR THOUSANDS OF YOUNG PEOPLE IN GRADES 9-12 ACROSS THE COMMONWEALTH. SCHOLAR ATHLETES' PROGRAMS LEVERAGE THE POWER OF ATHLETICS AND WELLNESS TO CULTIVATE THE DISCIPLINE, CONFIDENCE AND SOCIAL-EMOTIONAL SKILLS NEEDED TO SUPPORT SUCCESS IN SCHOOL, AS WELL AS SUCCESS IN LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THE FISCAL YEAR ENDING AUGUST 31, 2022, THE ORGANIZATION MADE A SCHOLARSHIP GRANT TO AN INDIVIDUAL.


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Board, Officers & Key Employees

Name (title)Compensation
John F Fish
Chair/director
$0
Linda Dorcena Forry
Vice Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kathleen F Driscoll
Consultant
$128,950
Massachusetts Sportservice
Catering For Gala
$112,221
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$332,138
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$332,138
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $332,138

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