THRIVE SCHOLARS: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
THRIVE SCHOLARS (EIN 45-5619310)
Tax period
2018-09-01 to 2019-08-31
Filed
2020-01-10
IRS object ID
202000109349301205
Schema version
2018v3.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-01-10T14:35:24-06:00ReturnTs
Tax Period End2019-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN463169148PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DAVISKELLY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14238 WASHINGTON ST STE 307AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP021312517ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN455619310EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SCS NOONAN SCHOLARSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSCSNBusinessNameControlTxt
Phone6175809149PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1160 STATE STREET 3RD FLOORAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEVE STEINPersonNm
Person TitleCEOPersonTitleTxt
Phone6175809149PhoneNum
Signature2020-01-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRANDALL S DAVISPreparerPersonNm
PTINP10427372PTIN
Phone9787648966PhoneNum
Preparation2020-01-10PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address66.30.206.223IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-01-10IPDt
IP Tm14:35:24IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdEF903B2B8FF291CD32F6FDA6AE039773411810DBAtSubmissionCreationDeviceId
At Submission Filing Device IdEF903B2B8FF291CD32F6FDA6AE039773411810DBAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEVE STEINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1SCS NOONAN SCHOL 160 STATE ST 3RD FAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,313,057GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SCSNOONAN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTHE MISSION OF SCS NOONAN SCHOLARS IS FOR HIGH-ACHIEVING, LOW-INCOME, UNDERREPRESENTED STUDENTS TO GET INTO AND GRADUATE FROM TOP COLLEGES EQUIPPED TO REACH THEIR FULL CAREER POTENTIAL.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee23TotalEmployeeCnt
Total Volunteers345TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$2,796,856PYContributionsGrantsAmt
CY Contributions Grants$7,301,791CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$6,104PYInvestmentIncomeAmt
CY Investment Income$11,266CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,802,960PYTotalRevenueAmt
CY Total Revenue$7,313,057CYTotalRevenueAmt
PY Grants And Similar Paid$966,745PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,495,348CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$971,236PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,022,093CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$588,724CYTotalFundraisingExpenseAmt
PY Other Expenses$1,180,660PYOtherExpensesAmt
CY Other Expenses$1,384,208CYOtherExpensesAmt
PY Total Expenses$3,118,641PYTotalExpensesAmt
CY Total Expenses$4,901,649CYTotalExpensesAmt
PY Revenues Less Expenses-$315,681PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,411,408CYRevenuesLessExpensesAmt
Total Assets BOY$2,167,276TotalAssetsBOYAmt
Total Assets EOY$4,880,386TotalAssetsEOYAmt
Total Liabilities BOY$402,020TotalLiabilitiesBOYAmt
Total Liabilities EOY$701,661TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,765,256NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,178,725NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF SCS NOONAN SCHOLARS IS FOR HIGH-ACHIEVING, LOW-INCOME, UNDERREPRESENTED STUDENTS TO GET INTO AND GRADUATE FROM TOP COLLEGES EQUIPPED TO REACH THEIR FULL CAREER POTENTIAL.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,656,476ExpenseAmt
Grant$1,495,348GrantAmt
DescAS HIGH SCHOOL JUNIORS AND SENIORS, SCS NOONAN SCHOLARS BENEFIT FROM: SUMMER ACADEMY, OUR CORNERSTONE PROGRAM, A 6-WEEK RIGOROUS ACADEMIC PREPARATION PROGRAM THAT GIVES STUDENTS 210+ HOURS OF INSTRUCTION IN COLLEGE-LEVEL WRITING, MATH, AND OTHER STEM COURSES TAUGHT BY COLLEGE PROFESSORS. SUMMER ACADEMY IS DESIGNED TO OFFSET THE DISCREPANCY IN ACADEMIC PREPARATION BETWEEN OUR STUDENTS AND THOSE FROM MORE AFFLUENT SCHOOLS SO THAT SCHOLARS ARE ABLE TO PERSIST AND GRADUATE IN RIGOROUS MAJORS. SUMMER ACADEMY TAKES PLACE IN A RESIDENTIAL SETTING AT AMHERST COLLEGE IN MASSACHUSETTS FOR ALL HIGH SCHOOL JUNIORS AND AT THE UNIVERSITY OF SOUTHERN CALIFORNIA IN LOS ANGELES FOR ALL GRADUATING HIGH SCHOOL SENIORS. AFTER COMPLETING OUR SUMMER ACADEMY, OVER 75% OF FIRST-YEAR COLLEGE SCHOLARS EARNED AT LEAST A 3.0 IN THE FALL SEMESTER AND THE AVERAGE FALL SEMESTER GPA WAS 3.25. 65% OF OUR STEM INTERESTED SCHOLARS PERSIST AND GRADUATE WITH A STEM DEGREE, COMPARED WITH 25% FOR SIMILAR STUDENTS. COLLEGE COUNSELING, TO EDUCATE STUDENTS ABOUT THE APPLICATION AND FINANCIAL AID PROCESS WITH AN EMPHASIS ON SELECTIVE COLLEGES. STUDENTS RECEIVE TAILORED GUIDANCE TO ENSURE THAT THEY APPLY, GAIN ADMISSION TO, AND ATTEND BEST FIT, TOP-RANKED UNIVERSITIES. DURING THE 2018-2019 APPLICATION PERIOD, 91% WERE ADMITTED TO A TOP 100 COLLEGE, 82% WERE ADMITTED TO A TOP 50 COLLEGE, AND 29% WERE ADMITTED TO AN IVY LEAGUE OR SIMILAR COLLEGE (INCLUDING DUKE, MIT, STANFORD, AND THE UNIVERSITY OF CHICAGO). 74% RECEIVED A NO-LOAN FINANCIAL AID PACKAGE. ONCE IN COLLEGE, SCS NOONAN SCHOLARS RECEIVE: INDIVIDUAL COLLEGE SUPPORT: HELP FOR SCHOLARS STRUGGLING ACADEMICALLY OR SOCIALLY/EMOTIONALLY THROUGH INDIVIDUAL PLANNING AND ACCESSING CAMPUS RESOURCES. CAREER COACHING: A DEDICATED CAREER COACH TO HELP OUR SCHOLARS ONE-ON-ONE TO BUILD RESUMES, WRITE AND EDIT COVER LETTERS, PREPARE FOR INTERVIEWS, AND DEVELOP HARD AND SOFT CAREER SKILLS. PROFESSIONAL NETWORK: ACCESS TO AN EXTENSIVE INTERNSHIP AND JOB NETWORK IN FIELDS SUCH AS MEDICINE, THE LIFE SCIENCES, LAW, AND FINANCE. OUR NETWORK INCLUDES NUMEROUS FORTUNE 500 CORPORATIONS. MENTORSHIP: ONE-TO-ONE PROFESSIONAL MENTORS FOR TAILORED SUPPORT, GUIDANCE, AND CAREER EXPOSURE. BRIDGE STIPEND: FOUR-YEAR BRIDGE STIPEND OF 1,000 PER YEAR TO HELP COVER THE NEEDS UNMET BY FINANCIAL AID PACKAGES. 98% OF OUR SCHOLARS GRADUATE FROM COLLEGE COMPARED TO LESS THAN 50% FOR SIMILAR STUDENTS. OUR SCHOLARS OUTPERFORM THE GENERAL POPULATION AT TOP 100 SCHOOLS. THEY ARE 15% MORE LIKELY TO PERSIST IN STEM DEGREES THAN THE GENERAL POPULATION (65% TO 56%) AND THEY ARE 10% MORE LIKELY TO GRADUATE THAN THE GENERAL POPULATION (98% TO 89%).Desc
Total Program Service Expenses$3,656,476TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document70IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee23EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SCS NOONAN SCHOLARSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6175809149PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1160 STATE STREET 3RD FLOORAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
BOB FUNARI
DIRECTOR3.00Yes (X)$0$0$0
CALLUM HENDERSON
TREASURER3.00Yes (X)$0$0$0Yes (X)
JOAN HERMAN
DIRECTOR3.00Yes (X)$0$0$0
RICK HESS
DIRECTOR2.00Yes (X)$0$0$0
EVELYN HOU
DIRECTOR2.00Yes (X)$0$0$0
PAT KIRBY
VICE CHAIR3.00Yes (X)$0$0$0Yes (X)
BRIAN LENIHAN
DIRECTOR2.00Yes (X)$0$0$0
MELVIN LINDSEY
DIRECTOR2.00Yes (X)$0$0$0
SEAN LOGAN
DIRECTOR3.00Yes (X)$0$0$0
JAMES T LONDON
BOARD CHAIR5.00Yes (X)$0$0$0Yes (X)
PATRICA LONDON
DIRECTOR2.00Yes (X)$0$0$0
RENITA SMITH
DIRECTOR2.00Yes (X)$0$0$0
RUSSELL STEIN
SECRETARY3.00Yes (X)$0$0$0Yes (X)
JEFF WEISS
DIRECTOR2.00Yes (X)$0$0$0
SAMANTHA WOODRUFF
DIRECTOR2.00Yes (X)$0$0$0
STUART LINER
DIRECTOR2.00Yes (X)$0$0$0
STEVE STEIN
CEO40.00$226,044$0$5,731Yes (X)
ANA ARCHIBALD
CHIEF PROG O40.00$120,008$0$3,443Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$346,052TotalReportableCompFromOrgAmt
Total Other Compensation$9,174TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$7,301,791AllOtherContributionsAmt
Total Contributions$7,301,791TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,266TotalRevenueColumnAmt
Exclusion$11,266ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,313,057TotalRevenueColumnAmt
Exclusion$11,266ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,495,348TotalAmt
Program Services$1,495,348ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$242,975TotalAmt
Program Services$121,488ProgramServicesAmt
Management And General$36,446ManagementAndGeneralAmt
Fundraising$85,041FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,516,610TotalAmt
Program Services$1,073,884ProgramServicesAmt
Management And General$157,363ManagementAndGeneralAmt
Fundraising$285,363FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$122,480TotalAmt
Program Services$84,433ProgramServicesAmt
Management And General$13,218ManagementAndGeneralAmt
Fundraising$24,829FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$140,028TotalAmt
Program Services$95,219ProgramServicesAmt
Management And General$15,403ManagementAndGeneralAmt
Fundraising$29,406FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$81,750TotalAmt
Management And General$81,750ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$682,404TotalAmt
Program Services$458,118ProgramServicesAmt
Management And General$189,814ManagementAndGeneralAmt
Fundraising$34,472FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$45,597TotalAmt
Program Services$21,567ProgramServicesAmt
Management And General$14,854ManagementAndGeneralAmt
Fundraising$9,176FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$125,547TotalAmt
Program Services$83,291ProgramServicesAmt
Management And General$28,044ManagementAndGeneralAmt
Fundraising$14,212FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$290,236TotalAmt
Program Services$150,373ProgramServicesAmt
Management And General$61,914ManagementAndGeneralAmt
Fundraising$77,949FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$126,372TotalAmt
Program Services$50,679ProgramServicesAmt
Management And General$53,841ManagementAndGeneralAmt
Fundraising$21,852FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,126TotalAmt
Program Services$5,400ProgramServicesAmt
Management And General$2,223ManagementAndGeneralAmt
Fundraising$1,503FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$23,176TotalAmt
Program Services$16,676ProgramServicesAmt
Management And General$1,579ManagementAndGeneralAmt
Fundraising$4,921FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,901,649TotalAmt
Program Services$3,656,476ProgramServicesAmt
Management And General$656,449ManagementAndGeneralAmt
Fundraising$588,724FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$602,623BOYAmt
EOY$707,829EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,061,690BOYAmt
EOY$3,972,687EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$27,468BOYAmt
EOY$20,230EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$120,934LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$30,307LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$22,342BOYAmt
EOY$90,627EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$437,732BOYAmt
EOY$61,548EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$15,421BOYAmt
EOY$27,465EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,167,276BOYAmt
EOY$4,880,386EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$102,020BOYAmt
EOY$424,086EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$127,575EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$300,000BOYAmt
EOY$150,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$402,020BOYAmt
EOY$701,661EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,090,256BOYAmt
EOY$401,538EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$675,000BOYAmt
EOY$3,777,187EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,765,256BOYAmt
EOY$4,178,725EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,167,276BOYAmt
EOY$4,880,386EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,411,408ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,061NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$436,956CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$663,169CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,700,843CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,796,856CurrentTaxYearMinus1YearAmt
Current Tax Year$7,301,791CurrentTaxYearAmt
Total$12,899,615TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$436,956CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$663,169CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,700,843CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,796,856CurrentTaxYearMinus1YearAmt
Current Tax Year$7,301,791CurrentTaxYearAmt
Total$12,899,615TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,612,466SubstantialContributorsTotAmt
Public Support Total170$10,287,149PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$11,266CurrentTaxYearAmt
Total$11,266TotalAmt
FieldValueIRS element (for citing)
Total Support$12,910,881TotalSupportAmt
Gross Receipts Rltd Activities$2,095GrossReceiptsRltdActivitiesAmt
Public Support CY1700.79680PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$52,385OtherCostOrOtherBasisAmt
Depreciation$14,511DepreciationAmt
Book Value$37,874BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$68,549OtherCostOrOtherBasisAmt
Depreciation$15,796DepreciationAmt
Book Value$52,753BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$90,627TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescREFUNDABLE ADVANCEDesc
Amt$150,000Amt
FieldValueIRS element (for citing)
Total Liability$150,000TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$7,313,057TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$7,313,057RevenueSubtotalAmt
Total Revenue Per Form990$7,313,057TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,901,649TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$4,901,649ExpensesSubtotalAmt
Total Expenses Per Form990$4,901,649TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient692RecipientCnt
Cash Grant$1,411,641CashGrantAmt
Non Cash Assistance$83,707NonCashAssistanceAmt
Valuation Method UsedCOSTValuationMethodUsedDesc
Non Cash AssistanceCOMPUTERSNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationNOONAN SCHOLARS PROVIDES FOUR-YEAR RENEWABLE SCHOLARSHIPS RANGING FROM 500-2500 EACH YEAR, ALONG WITH COMPUTERS, HOUSING, AND SUPPORT FOR OTHER EXPENSES. STUDENTS RECEIVE SCHOLARSHIP CHECKS IN AUGUST AND IN JANUARY, AFTER HAVING COMPLETED A SCHOLARSHIP RENEWAL PROCESS, WITH INCLUDES SUBMITTING INFORMATION AND TRANSCRIPT WITH CUMULATIVE GPA THROUGH AN ONLINE FORM. IN THE RENEWAL FORM, STUDENTS MUST INDICATE COMPLETION OF ALL OF THE PROGRAM REQUIREMENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonSTEVE STEINPersonNm
TitleCEOTitleTxt
Base Compensation Filing Org$226,044BaseCompensationFilingOrgAmt
Nontaxable Benefits Filing Org$5,731NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org$231,775TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4AAS HIGH SCHOOL JUNIORS AND SENIORS, SCS NOONAN SCHOLARS BENEFIT FROM: SUMMER ACADEMY, OUR CORNERSTONE PROGRAM, A 6-WEEK RIGOROUS ACADEMIC PREPARATION PROGRAM THAT GIVES STUDENTS 210+ HOURS OF INSTRUCTION IN COLLEGE-LEVEL WRITING, MATH, AND OTHER STEM COURSES TAUGHT BY COLLEGE PROFESSORS. SUMMER ACADEMY IS DESIGNED TO OFFSET THE DISCREPANCY IN ACADEMIC PREPARATION BETWEEN OUR STUDENTS AND THOSE FROM MORE AFFLUENT SCHOOLS SO THAT SCHOLARS ARE ABLE TO PERSIST AND GRADUATE IN RIGOROUS MAJORS. SUMMER ACADEMY TAKES PLACE IN A RESIDENTIAL SETTING AT AMHERST COLLEGE IN MASSACHUSETTS FOR ALL HIGH SCHOOL JUNIORS AND AT THE UNIVERSITY OF SOUTHERN CALIFORNIA IN LOS ANGELES FOR ALL GRADUATING HIGH SCHOOL SENIORS. AFTER COMPLETING OUR SUMMER ACADEMY, OVER 75% OF FIRST-YEAR COLLEGE SCHOLARS EARNED AT LEAST A 3.0 IN THE FALL SEMESTER AND THE AVERAGE FALL SEMESTER GPA WAS 3.25. 65% OF OUR STEM INTERESTED SCHOLARS PERSIST AND GRADUATE WITH A STEM DEGREE, COMPARED WITH 25% FOR SIMILAR STUDENTS. COLLEGE COUNSELING, TO EDUCATE STUDENTS ABOUT THE APPLICATION AND FINANCIAL AID PROCESS WITH AN EMPHASIS ON SELECTIVE COLLEGES. STUDENTS RECEIVE TAILORED GUIDANCE TO ENSURE THAT THEY APPLY, GAIN ADMISSION TO, AND ATTEND BEST FIT, TOP-RANKED UNIVERSITIES. DURING THE 2018-2019 APPLICATION PERIOD, 91% WERE ADMITTED TO A TOP 100 COLLEGE, 82% WERE ADMITTED TO A TOP 50 COLLEGE, AND 29% WERE ADMITTED TO AN IVY LEAGUE OR SIMILAR COLLEGE (INCLUDING DUKE, MIT, STANFORD, AND THE UNIVERSITY OF CHICAGO). 74% RECEIVED A NO-LOAN FINANCIAL AID PACKAGE. ONCE IN COLLEGE, SCS NOONAN SCHOLARS RECEIVE: INDIVIDUAL COLLEGE SUPPORT: HELP FOR SCHOLARS STRUGGLING ACADEMICALLY OR SOCIALLY/EMOTIONALLY THROUGH INDIVIDUAL PLANNING AND ACCESSING CAMPUS RESOURCES. CAREER COACHING: A DEDICATED CAREER COACH TO HELP OUR SCHOLARS ONE-ON-ONE TO BUILD RESUMES, WRITE AND EDIT COVER LETTERS, PREPARE FOR INTERVIEWS, AND DEVELOP HARD AND SOFT CAREER SKILLS. PROFESSIONAL NETWORK: ACCESS TO AN EXTENSIVE INTERNSHIP AND JOB NETWORK IN FIELDS SUCH AS MEDICINE, THE LIFE SCIENCES, LAW, AND FINANCE. OUR NETWORK INCLUDES NUMEROUS FORTUNE 500 CORPORATIONS. MENTORSHIP: ONE-TO-ONE PROFESSIONAL MENTORS FOR TAILORED SUPPORT, GUIDANCE, AND CAREER EXPOSURE. BRIDGE STIPEND: FOUR-YEAR BRIDGE STIPEND OF 1,000 PER YEAR TO HELP COVER THE NEEDS UNMET BY FINANCIAL AID PACKAGES. 98% OF OUR SCHOLARS GRADUATE FROM COLLEGE COMPARED TO LESS THAN 50% FOR SIMILAR STUDENTS. OUR SCHOLARS OUTPERFORM THE GENERAL POPULATION AT TOP 100 SCHOOLS. THEY ARE 15% MORE LIKELY TO PERSIST IN STEM DEGREES THAN THE GENERAL POPULATION (65% TO 56%) AND THEY ARE 10% MORE LIKELY TO GRADUATE THAN THE GENERAL POPULATION (98% TO 89%).
FORM 990, PAGE 6, PART VI, LINE 2PATRICIA LONDON JAMES LONDON DIRECTOR BOARD CHAIR HUSBAND/ WIFE
FORM 990, PAGE 6, PART VI, LINE 4IMPLEMENTATION OF TERM LIMITS FOR TRUSTEES TRUSTEES, OTHER THAN ALUMNI TRUSTEES SHALL HOLD OFFICE FOR A THREE-YEAR TERM AND EACH TRUSTEE SHALL CONTINUE IN OFFICE FOR SUCH TERM AND UNTIL SUCH TRUSTEE'S SUCCESSOR SHALL HAVE BEEN ELECTED AND QUALIFIED, OR UNTIL SUCH TRUSTEE'S DEATH, RESIGNATION OR REMOVAL. TRUSTEE TERMS SHALL BE STAGGERED INTO THREE GROUPS SO THAT IN ANY GIVEN YEAR ONLY ONE-THIRD OF THE TRUSTEES ARE UP FOR RE-ELECTION. IN ESTABLISHING THESE STAGGERED TERMS, INITIAL TERMS OF TRUSTEES MAY BE LESS THAN THREE YEARS. TRUSTEES, OTHER THAN ALUMNI TRUSTEES, MAY BE ELECTED TO UP TO THREE CONSECUTIVE TERMS. CREATION OF ALUMNI TRUSTEE POSITIONS UP TO TWO ALUMNI MAY BE ELECTED AS ALUMNI TRUSTEES BY A MAJORITY OF THE BOARD OF TRUSTEES TO SERVE AS TRUSTEES ON THE BOARD OF TRUSTEES. TO BECOME AN ALUMNI TRUSTEE, A PERSON SHALL BE NOMINATED BY A TRUSTEE (OR A COMMITTEE OF THE BOARD OF TRUSTEES) FROM A LIST OF INTERESTED AND ELIGIBLE ALUMNI OF THE CORPORATION'S (OR ANY PREDECESSOR ORGANIZATION) PROGRAMS (I.E., A PAST SCHOLAR). ELIGIBILITY REQUIREMENTS SHALL BE DETERMINED BY THE BOARD OF TRUSTEES OR A COMMITTEE THEREOF. EACH ALUMNI TRUSTEE SHALL SERVE FOR A NON-RENEWABLE THREE-YEAR TERM, PROVIDED, HOWEVER, THAT THE FIRST ALUMNI TRUSTEE SHALL SERVE FOR A FOUR- YEAR TERM AND THE SECOND ALUMNI TRUSTEE SHALL SERVE FOR A THREE-YEAR TERM IN ORDER TO ESTABLISHED STAGGERED TERMS. ALUMNI TRUSTEES SHALL HAVE THE SAME VOTING POWERS AS TRUSTEES. AFTER AN ALUMNI TRUSTEE'S TERM EXPIRES, SUCH PERSON COULD BE ELIGIBLE FOR AN OPEN TRUSTEE POSITION, SUBJECT TO NOMINATION AND APPROVAL BY THE BOARD OF TRUSTEES PURSUANT TO THIS ARTICLE IV.
FORM 990, PAGE 6, PART VI, LINE 11BTHE FORM 990 IS APPROVED BY SOME BOARD MEMBERS, INCLUDING THE CHAIR AND TREASURER.
FORM 990, PAGE 6, PART VI, LINE 12CSCS REVIEWS THE CONFLICT OF INTEREST DISCLOSURE WITH ALL TRUSTEES AND ALL TRUSTEES COMPLETE A DISCLOSURE FORM ANNUALLY.
FORM 990, PAGE 6, PART VI, LINE 15ATHE COMPENSATION OFFER FOR THE DIRECTOR OF OPERATIONS WAS NEGOTIATED BY AN INDEPENDENT PERSON (PRO BONO CONSULTANT). AN ANNUAL REVIEW TAKES PLACE WITH REPRESENTATIVES OF THE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. NO REQUESTS FOR INFORMATION WERE MADE DURING THE YEAR.
FORM 990, PART IX, LINE 11GTEACHERS 456,618 0 0 CONSULTANTS 1,500 6,987 0 RECRUITER 0 119,591 0 FUNDRAISING CONSULTANT 0 0 34,472 MKT AND BRANDING CONSULTANT 0 63,236 0 TOTAL 458,118 189,814 34,472

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