Delaware College Scholars Inc

Organization Overview

Delaware College Scholars Inc is located in Wilmington, DE. The organization was established in 2018. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Delaware College Scholars Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware College 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, Delaware College Scholars Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.7% each year . All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 28.0% per year over the past 6 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 RECRUIT, ASSIST AND ENRICH HIGH-PERFORMING, LOWER-INCOME HIGH SCHOOL STUDENTS TO BE ACADEMICALLY AND SOCIALLY PREPARED FOR COLLEGES AND UNIVERSITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR TUITION-FREE SEVEN-YEAR PROGRAM WITH A THREE-YEAR RESIDENTIAL COMPONENT HELPS THE BEST AND BRIGHTEST DISADVANTAGED STUDENTS NAVIGATE THE COMPLEX PATH TO COLLEGE ACCEPTANCE, COLLEGE PERSISTENCE AND CAREER SUCCESS. THE EFFECTIVENESS AND IMPACT OF THE PROGRAM ARE BEST ILLUSTRATED WITH THE FOLLOWING STATISTICS: 100% OF STUDENTS IN THE PROGRAM GRADUATE FROM HIGH SCHOOL ON TIME VS. 64% OF THEIR PEERS; 98% WILL ENTER COLLEGE DIRECTLY AFTER HIGH SCHOOL VS. 24% OF THEIR PEERS; 94% WILL CHOOSE TO ATTEND FOUR-YEAR COLLEGES OR UNIVERSITIES VS. 8% OF THEIR PEERS, AND; 95% OF THOSE ATTENDING WILL PERSIST TO THEIR SOPHOMORE YEAR AT A FOUR-YEAR INSTITUTION VS. 17% OF THEIR PEERS. DURING CALENDAR YEAR 2023 (THE 10TH YEAR OF THE PROGRAM), DCS PROUDLY PRESENTS THE FOLLOWING PROGRAM ACCOMPLISHMENTS:COHORTS 1,2, 3 & 4 - 78%,76%, 80% AND 81% HAVE GRADUATED FROM 4-YEAR COLLEGES ON TIME.COHORTS 5,6,7, 8 & 9 CONTINUED PROGRESSING THROUGH THE PROGRAM IN SPITE OF HARDSHIPS IMPOSED BY COVID.COHORT 10 - 60 NEW IN-PERSON SCHOLARS BEGAN THE RESIDENTIAL PORTION OF THE DCS PROGRAM AT THE DELAWARE STATE UNIVERSITY CAMPUS.


QUEEN CITY SCHOLARS IS AN EXPANSION OF THE DELAWARE COLLEGE SCHOLARS PROGRAM. THE MISSION REMAINS THE SAME, TO PREPARE AND SUPPORT UNDER-RESOURCED STUDENTS ACADEMICALLY AND SOCIALLY TO SUCCEED IN THEIR POST-SECONDARY JOURNIES. DCS PROVIDES AN INTENTIONAL RESIDENTIAL LIVED EXPERIENCE THAT REPLICATES THE ACADEMIC RIGORS AND SOCIAL COMPLEXITY OF BEING AWAY FROM HOME FOR COLLEGE. OUR VISION IS THAT THROUGH THIS EXPERIENCE, OUR SCHOLARS DEVELOP THE HARD AND SOFT SKILLS TO NOT ONLY FIND THEIR RIGHT ACADEMIC, SOCIAL, AND FINANCIAL POST-SECONDARY FIT, BUT TO THRIVE ON THEIR NEXT JOURNEY. CURRENTLY WE TRANSPORT THE CHARLOTTE STUDENTS TO DELAWARE TO JOIN OUR PROGRAMMING AT DELAWARE STATE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Lynne Howard
President
$0
Glenn Thompson
Secretary
$0
Peter Kennedy
Treasurer
$0
Katie Wilkinson
Director
$0
Madeleine Bayard
Director
$0
Fred Sears
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$21,645
Related organizations$20,000
Government grants $49,000
All other contributions, gifts, grants, and similar amounts not included above$794,769
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$885,414
Total Program Service Revenue$262,671
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 $1,148,085

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