Rowan County Crosby Scholars Community Partnership
- Assets
- $3.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- WinstonSalem, NC
- Founding
- 08/2013
- Data as of
- 12/2023
- EIN
- 46-2621465
Organization Overview
Rowan County Crosby Scholars Community Partnership is located in WinstonSalem, NC. The organization was established in 2013. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Rowan County Crosby Scholars Community Partnership 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, Rowan County Crosby Scholars Community Partnership generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $820.0k during the year ending 12/2023. While expenses have increased by 14.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST PUBLIC MIDDLE AND HIGH SCHOOL STUDENTS IN ROWAN COUNTY IN PREPARING FOR COLLEGE ENROLLMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS IS A COLLEGE ACCESS PROGRAM THROUGH WHICH PUBLIC SCHOOL STUDENTS BEGIN TO PREPARE ACADEMICALLY, FINANCIALLY, AND PERSONALLY FOR SUCCESSFUL COLLEGE ADMISSION AS EARLY AS MIDDLE SCHOOL. WE ARE PARTNERED WITH GOODWILL INDUSTRIES OF NORTHWEST NORTH CAROLINA AND MODELED AFTER THE SUCCESSFUL CROSBY SCHOLARS COMMUNITY PARTNERSHIP IN FORSYTH COUNTY, WHICH GRADUATES 100% OF ITS SENIORS AND SENDS 98% OF ITS GRADUATES ON TO ACCESS POST-SECONDARY EDUCATION. EVERY PUBLIC MIDDLE 6TH-10TH GRADE STUDENT IN ROWAN COUNTY IS ELIGIBLE TO JOIN OUR PROGRAM. STUDENTS MUST FULFILL A NUMBER OF REQUIREMENTS EACH YEAR IN ORDER TO REMAIN ACTIVE IN THE CROSBY SCHOLARS PROGRAM. ALL STUDENTS MUST STRIVE TO MAINTAIN AT LEAST A 2.0 GPA, ATTEND A CROSBY ACADEMY WORKSHOP, COMPLETE COMMUNITY SERVICE HOURS, AND FOLLOW SCHOOL POLICIES (I.E., NO OUT-OF-SCHOOL SUSPENSIONS). HIGH SCHOOL STUDENTS ALSO MUST AGREE TO REMAIN DRUG AND ALCOHOL FREE, BY PARTICIPATING IN A RANDOM DRUG SCREENING PROGRAM, AND ATTEND A COLLEGE FAIR OR VISIT FOUR COLLEGE CAMPUSES. STUDENTS HAVE THE OPTION OF PARTICIPATING IN ADDITIONAL COLLEGE PREPARATION MEETINGS WHICH ARE LED BY STAFF. STUDENTS WHO COMPLETE ALL OF THE REQUIREMENTS EACH YEAR AUTOMATICALLY STAY IN THE PROGRAM AS THEY PROGRESS THROUGH TO HIGH SCHOOL GRADUATION. ENROLLMENT IN 2023 TOTALED 1,765 STUDENTS. OF THOSE, 1,193 STUDENTS RECEIVED CREDIT FOR ATTENDING ONE OR MORE OF OUR ACADEMY WORKSHOPS. COMMUNITY SERVICE HOURS WERE SUBMITTED BY 1,120 OF OUR STUDENTS, WHO COMBINED RECORDED OVER 6,345 HOURS OF VOLUNTEER WORK. OUR PROGRAM PROVIDES COLLEGE ACCESS TRAINING TO PARENTS, GUARDIANS, AND VOLUNTEERS SO THAT EACH SENIOR HAS A 1:1 ADVISOR TO MEET WITH THROUGHOUT THE SCHOOL YEAR FOR ASSISTANCE WITH THE COLLEGE PROCESS. IN ADDITION TO THE INDIVIDUAL MEETINGS, SENIOR ACADEMY WORKSHOPS WERE HELD TO HELP WITH ESSAY WRITING, COLLEGE APPLICATIONS, STANDARDIZED TEST TAKING, UNDERSTANDING FINANCIAL AID, AND GENERAL PREPARATION FOR THE FRESHMAN YEAR OF COLLEGE. APPROXIMATELY 40% OF OUR GRADUATES ARE FIRST IN THEIR FAMILY TO ACCESS COLLEGE. TO DATE, THE ROWAN COUNTY CROSBY SCHOLARS PROGRAM HAS GRADUATED OVER 1,417 SENIORS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director, Ex-Officio | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $552,504 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $400,076 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $952,580 |
| 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 | $440,321 |
| Net Income from Fundraising Events | $27,899 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,420,800 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $230,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,504 |
| Compensation of current officers, directors, key employees. | $40,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $254,280 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $58,879 |
| Payroll taxes | $25,197 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,693 |
| Fees for services: Other | $72,901 |
| Advertising and promotion | $5,335 |
| Office expenses | $41,861 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,273 |
| Travel | $11,037 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,977 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $820,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,400 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,462,478 |
| Total assets | $3,702,878 |
| Accounts payable and accrued expenses | $94,587 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $94,587 |
| Net assets without donor restrictions | $3,526,868 |
| Net assets with donor restrictions | $81,423 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,702,878 |