Scholar Academies
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 49
- Location
- Malvern, PA
- Founding
- Data as of
- 06/2019
- EIN
- 37-1582250
Organization Overview
Scholar Academies is located in Malvern, PA. As of 06/2019, Scholar Academies employed 49 individuals. Scholar Academies is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
SCHOLAR ACADEMIES WAS ESTABLISHED AS A SCHOOL MANAGEMENT ORGANIZATION THAT EXISTED TO CLOSE THE ACHIEVEMENT GAP AND TO CONTRIBUTE TO NATIONAL EFFORTS TO ERADICATE EDUCATIONAL INEQUITIES. SCHOLAR ACADEMIES MANAGED A NETWORK OF HIGH PERFORMING SCHOOLS THAT PROVIDED TRADITIONALLY UNDERSERVED, URBAN STUDENTS WITH A MEANINGFUL, HIGH QUALITY EDUCATION. SPECIFICALLY, SCHOLAR ACADEMIES STRIVED TO IMPROVE EDUCATIONAL EQUITY BY: A) OPERATING SCHOOLS THAT PREPARE STUDENTS FOR THE PATH TO COLLEGE AND FOR ENTRY INTO THE WORKFORCE; B) ACTING AS A THOUGHT PARTNER WITH ORGANIZATIONS TO ADVANCE EDUCATIONAL SYSTEMS TO POSITIVELY IMPACT STUDENTS; AND C) CHALLENGING THE STATUS QUO AND EMBRACING INNOVATION AS A WAY TO IMPROVE OUTCOMES FOR STUDENTS. SCHOLAR ACADEMIES' REVENUE PRIMARILY CONSISTED OF CONTRIBUTIONS, GRANTS AND MANAGEMENT FEES FOR MANAGING SCHOOLS IN THE PHILADELPHIA, WASHINGTON, DC, TRENTON, AND RECENTLY EXPANDED MEMPHIS AREAS AND SCHOOL DISTRICT SUBSIDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Winston Churchill Chairman | 0.5 | $0 | |
James Lovett Vice Chairman | 0.5 | $0 | |
Charles Freyer Secretary | 0.5 | $0 | |
Thomas Hofmann Treasurer | 0.5 | $0 | |
Sanjeev Midha Director | 0.5 | $0 | |
Lara Oerter Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,889 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $203,713 |
| Total expenses | $213,602 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |