SCHOLARSHIP AMERICA INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- SCHOLARSHIP AMERICA INC (EIN 04-2296967)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-29
- IRS object ID
- 201230899349301203
- Schema version
- 2010v3.7
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-29T15:51:27-04:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4200 Wells Fargo Ctr 90 S 7th | AddressLine1 |
| City | Minneapolis | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042296967 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHOLARSHIP AMERICA INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SCHO | NameControl |
| Phone | 5079311682 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Scholarship Way | AddressLine1 |
| City | SAINT PETER | City |
| State | MN | State |
| ZIP Code | 56082 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Anne Cheney | Name |
| Title | Controller | Title |
| Date Signed | 2012-02-17 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6123055000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 171036517 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.scholarshipamerica.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1961 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | The mission of Scholarship America, Inc. is to mobilize America through scholarships and educational support to make postsecondary education possible for all students. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 179 | TotalNbrEmployees |
| Total Nbr Volunteers | 26000 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 141695659 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 140478327 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 9033926 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 9199532 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3439178 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5338519 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -86373 | OtherRevenuePriorYear |
| Other Revenue Current Year | -28460 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 154082390 | TotalRevenuePriorYear |
| Total Revenue Current Year | 154987918 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 148015779 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 150650794 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 7783727 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8254517 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 79875 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1379730 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3693944 | OtherExpensePriorYear |
| Other Expenses Current Year | 3651982 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 159493450 | TotalExpensesPriorYear |
| Total Expenses Current Year | 162637168 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -5411060 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -7649250 | RevenuesLessExpensesCY |
| Total Assets BOY | 176974012 | TotalAssetsBOY |
| Total Assets EOY | 176046357 | TotalAssetsEOY |
| Total Liabilities BOY | 40362563 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 40461136 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 136611449 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 135585221 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O ATTACHMENT 1 | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 155730258 | Expense |
| Grants | 150650794 | Grants |
| Revenue | 8683124 | Revenue |
| Description | Scholarship Management Services is the leading scholarship services program in the country, helping corporations, foundations and individuals design and administer scholarship and related educational assistance programs. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1679889 | Expense |
| Revenue | 496071 | Revenue |
| Description | Dollars for Scholars is a national network of approximately 1,100 local chapters, driven by local volunteers that provide scholarships and educational support to hometown students in 3,800 communities across the country. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 448540 | Expense |
| Description | Dreamkeepers provides funds to help open-enrollment and community colleges keep students from dropping out of school when they encounter financial emergencies. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 30497 | Expense |
| Revenue | 20337 | Revenue |
| Description | SCHOLARSHOP | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 30497 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 20337 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 157889184 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | true | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 353 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 179 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | CA | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CO | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | DC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | HI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | KS | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | KY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | ME | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MS | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NM | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | ND | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | RI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | SC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | TN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | TX | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | UT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WV | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WI | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ANNE CHENEY CONTROLLER | NamePerson |
| Telephone Number | 5079310430 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE SCHOLARSHIP WAY | AddressLine1 |
| City | SAINT PETER | City |
| State | MN | State |
| ZIP Code | 56802 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Richard J Schwab | ||||||||
| Governance Committee Chair | 8.0 | X | X | 0 | 0 | 0 | ||
| Mim Schreck | ||||||||
| Chair | 5.0 | X | X | 0 | 0 | 0 | ||
| Lauren A Segal | ||||||||
| President and CEO | 40.0 | X | X | 172055 | 0 | 20621 | ||
| Seema R Shah Esq | ||||||||
| Treasurer | 5.0 | X | X | 0 | 0 | 0 | ||
| Barbara B McBee | ||||||||
| Audit Committee Chair | 5.0 | X | 0 | 0 | ||||
| Judith Allen | ||||||||
| Board member | 3.0 | X | 0 | 0 | ||||
| Mark W Bates | ||||||||
| Board member | 3.0 | X | 0 | 0 | ||||
| Timothy A Christensen | ||||||||
| Board member | 3.0 | X | 0 | 0 | ||||
| Suneet Dua | ||||||||
| Board member, leave of absence | 3.0 | X | 0 | 0 | ||||
| Tina T Lee | ||||||||
| Board member | 3.0 | X | 0 | 0 | ||||
| Gregory Marino | ||||||||
| Board member | 3.0 | X | 0 | 0 | ||||
| Michael D Ryan | ||||||||
| Board member | 3.0 | X | 0 | 0 | ||||
| Michael J Ryder | ||||||||
| Board member | 3.0 | X | 0 | 0 | ||||
| Susan G Weinberger | ||||||||
| Board member | 3.0 | X | 0 | 0 | ||||
| Kay Marquet | ||||||||
| Board Member | 3.0 | X | 0 | 0 | ||||
| Terrance Kraling | ||||||||
| COO | 159347 | 0 | 16462 | X | ||||
| Donald Lassere | ||||||||
| Senior VP of Programs | 142907 | 0 | 18512 | X | ||||
| Rhianna Quinn Roddy | ||||||||
| Exec Director | 194580 | 0 | 17141 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 668889 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 72736 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Civicore LLC | |||||
| 1580 Lincoln Street Ste 520 | DENVER | CO | 80203 | Software Programming | 150000 |
| Envision Design That Works Inc | |||||
| 322 South Minnesota Avenue | STPETER | MN | 56082 | Design Work | 101866 |
| Faegre Benson LLP | |||||
| 2200 Wells Fargo Center 90 S Sevent | MINNEAPOLIS | MN | 55402 | Legal | 101192 |
| Jade Hildahl | |||||
| 16526 W 78th Street Ste 108 | EDEN PRAIRIE | MN | 55346 | Software Programming | 100500 |
| Iret Properties | |||||
| 10050 Crosstown Circle Ste 105 | EDEN PRAIRIE | MN | 55344 | Property Owner | 113531 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 156496 | FundraisingEvents |
| All Other Contributions | 140321831 | AllOtherContributions |
| Noncash Contributions | 166543 | NoncashContributions |
| Total Contributions | 140478327 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MANAGEMENT FEES | 900099 | 8683124 | 8683124 |
| DOLLARS FOR SCHOLARS | 900099 | 496071 | 496071 |
| SCHOLARSHOP | 900099 | 20337 | 20337 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 9199532 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3687960 | TotalRevenueColumn |
| Exclusion | $3,687,960 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 17662173 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 16011614 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1650559 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1650559 | TotalRevenueColumn |
| Exclusion | $1,650,559 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 8525 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 156496 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 36985 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -28460 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 154987918 | TotalRevenueColumn |
| Related Or Exempt Function Income | 9199532 | RelatedOrExemptFunctionIncome |
| Exclusion | $5,338,519 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146829214 | Total |
| Program Services | 146829214 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3821580 | Total |
| Program Services | 3821580 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 857812 | Total |
| Program Services | 366489 | ProgramServices |
| Management And General | 491323 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6363244 | Total |
| Program Services | 3907816 | ProgramServices |
| Management And General | 1607968 | ManagementAndGeneral |
| Fundraising | 847460 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 599501 | Total |
| Program Services | 437994 | ProgramServices |
| Management And General | 103346 | ManagementAndGeneral |
| Fundraising | 58161 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 433960 | Total |
| Program Services | 239875 | ProgramServices |
| Management And General | 120822 | ManagementAndGeneral |
| Fundraising | 73263 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41062 | Total |
| Program Services | 41062 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112354 | Total |
| Program Services | 18313 | ProgramServices |
| Management And General | 94041 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76139 | Total |
| Management And General | 76139 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79875 | Total |
| Fundraising | 79875 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1040654 | Total |
| Program Services | 625944 | ProgramServices |
| Management And General | 363037 | ManagementAndGeneral |
| Fundraising | 51673 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230778 | Total |
| Program Services | 142587 | ProgramServices |
| Management And General | 34888 | ManagementAndGeneral |
| Fundraising | 53303 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 332880 | Total |
| Program Services | 256668 | ProgramServices |
| Management And General | 52171 | ManagementAndGeneral |
| Fundraising | 24041 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 378988 | Total |
| Program Services | 197507 | ProgramServices |
| Management And General | 114216 | ManagementAndGeneral |
| Fundraising | 67265 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 323530 | Total |
| Program Services | 165939 | ProgramServices |
| Management And General | 64704 | ManagementAndGeneral |
| Fundraising | 92887 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 254735 | Total |
| Program Services | 124213 | ProgramServices |
| Management And General | 126927 | ManagementAndGeneral |
| Fundraising | 3595 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51123 | Total |
| Program Services | 44704 | ProgramServices |
| Management And General | 6419 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 238828 | Total |
| Program Services | 198145 | ProgramServices |
| Management And General | 39560 | ManagementAndGeneral |
| Fundraising | 1123 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105881 | Total |
| Program Services | 77552 | ProgramServices |
| Management And General | 17889 | ManagementAndGeneral |
| Fundraising | 10440 | Fundraising |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PRINTING | 143662 | 123242 | 17736 | 2684 |
| POSTAGE & DELIVERY | 261635 | 238457 | 19032 | 4146 |
| MISCELLANEOUS | 59733 | 31883 | 18036 | 9814 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162637168 | Total |
| Program Services | 157889184 | ProgramServices |
| Management And General | 3368254 | ManagementAndGeneral |
| Fundraising | 1379730 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33699974 | BOY |
| EOY | 35167730 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1162007 | BOY |
| EOY | 1089893 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2561486 | BOY |
| EOY | 2360739 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 269573 | BOY |
| EOY | 251516 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 8478169 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 5743715 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2897982 | BOY |
| EOY | 2734454 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 136141871 | BOY |
| EOY | 134201674 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241119 | BOY |
| EOY | 240351 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 176974012 | BOY |
| EOY | 176046357 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 633493 | BOY |
| EOY | 1410405 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1724450 | BOY |
| EOY | 1596939 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38004620 | BOY |
| EOY | 37453792 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40362563 | BOY |
| EOY | 40461136 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8237803 | BOY |
| EOY | 8228311 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114211725 | BOY |
| EOY | 112205377 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14161921 | BOY |
| EOY | 15151537 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 136611449 | BOY |
| EOY | 135585221 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 176974012 | BOY |
| EOY | 176046357 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -7649250 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 6623022 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 95116812 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 155362037 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 158528948 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 141752610 | CurrentTaxYearMinus1Year |
| Current Tax Year | 140478327 | CurrentTaxYear |
| Total | 691238734 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 95116812 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 155362037 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 158528948 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 141752610 | CurrentTaxYearMinus1Year |
| Current Tax Year | 140478327 | CurrentTaxYear |
| Total | 691238734 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 51461712 | AmountsSubstContributorsTotal |
| Public Support Total170 | 639777022 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5048054 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7222658 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5250051 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4013159 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3688280 | CurrentTaxYear |
| Total | 25222202 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 0 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 0 | CurrentTaxYearMinus4Years |
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 716460936 | TotalSupport |
| Gross Receipts From Admissions Etc | 28406314 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.89297 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.87082 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15986375 | BeginningOfYearBalance |
| Contributions | 1992818 | Contributions |
| Investment Earnings Or Losses | 1485874 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 280587 | GrantsOrScholarships |
| Other Expenditures | 1128865 | OtherExpenditures |
| End Of Year Balance | 18055615 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15501881 | BeginningOfYearBalance |
| Contributions | 61542 | Contributions |
| Investment Earnings Or Losses | 1461629 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1034386 | GrantsOrScholarships |
| Other Expenditures | 4291 | OtherExpenditures |
| End Of Year Balance | 15986375 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21674965 | BeginningOfYearBalance |
| Contributions | 19308 | Contributions |
| Investment Earnings Or Losses | -787490 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 478489 | GrantsOrScholarships |
| Other Expenditures | 4926413 | OtherExpenditures |
| End Of Year Balance | 15501881 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.08000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.83000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.09000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 329436 | OtherCostOrOtherBasis |
| Book Value | 329436 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 4722797 | OtherCostOrOtherBasis |
| Depreciation | 2414390 | Depreciation |
| Book Value | 2308407 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 3425936 | OtherCostOrOtherBasis |
| Depreciation | 3329325 | Depreciation |
| Book Value | 96611 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2734454 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SCHOLARSHIPS PAYABLE | $16,841,041 |
| REFUNDABLE DEPOSITS | $20,612,751 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 37453792 | TotalOfAmounts |
| Total Revenue | 154987918 | TotalRevenue |
| Total Expenses | 162637168 | TotalExpenses |
| Excess Or Deficit For Year | -7649250 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 7623071 | NetUnrealizedGLOnInvestments |
| Other | -$1,000,049 | OtherAmount |
| Total Adjustments | 6623022 | TotalAdjustments |
| Excess Or Deficit Per FS | -1026228 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 162660329 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 7623071 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 12355 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 36985 | OtherRevenues |
| Revenue Not Rptd F990 | 7672411 | RevenueNotRptdF990 |
| Revenue Subtotal | 154987918 | RevenueSubtotal |
| Total Revenue Per Form990 | 154987918 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 162686508 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 12355 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 36985 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 49340 | ExpensesNotRptdF990 |
| Expenses Subtotal | 162637168 | ExpensesSubtotal |
| Total Expenses Per Form990 | 162637168 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Use of Endowment Funds | Part V, Line 4 | Scholarships: Nearly all of Scholarship America's endowment funds are for scholarship programs as specified by the donors. The donor agreements outline any special award criteria concerning geographic location, school, course of study, etc., and whether or not the principal may be awarded. Dollars for Scholars: Donors also established small endowments which support operation of the Dollars for Scholars program. |
| FIN 48 Footnote | Part X, Line 2 | Scholarship America's accounting policy provides that a tax expense or benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. Scholarship America has no uncertain tax positions resulting in an accrual of tax expense or benefit. |
| Other Reconciling Items | Parts XI, XII, XIII | Part XI -1,000,049 Release of Permanent Restriction on Endowment Part XII 2D Other 36,985 Direct Expenses Related to Fundraising Events Part XIII 2D Other 36,985 Direct Expenses Related to Fundraising Events |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (9 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|
| Central America and the Caribbean | Grantmaking | Scholarship Award | 60887 |
| East Asia and the Pacific | Grantmaking | Scholarship Award | 628529 |
| Europe (Including Iceland and Greenland) | Grantmaking | Scholarship Award | 757674 |
| Middle East and North Africa | Grantmaking | Scholarship Award | 159856 |
| North America | Grantmaking | Scholarship Award | 1856884 |
| Russia and the Newly Independent States | Grantmaking | Scholarship Award | 12000 |
| South America | Grantmaking | Scholarship Award | 186750 |
| South Asia | Grantmaking | Scholarship Award | 100100 |
| Sub-Saharan Africa | Grantmaking | Scholarship Award | 58900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 3821580 | SubtotalAmountSpent |
| Total Amount Spent | 3821580 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS (103 entries)
| RegionRegion | Purpose Of GrantPurposeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|
| East Asia/Pacific | Scholarships | 9000 | Check or ET |
| East Asia/Pacific | Scholarships | 9000 | Check or ET |
| East Asia/Pacific | Scholarships | 8500 | Check or ET |
| East Asia/Pacific | Scholarships | 7000 | Check or ET |
| East Asia/Pacific | Scholarships | 5500 | Check or ET |
| East Asia/Pacific | Scholarships | 17500 | Check or ET |
| South Asia | Scholarships | 18900 | Check or ET |
| South America | Scholarships | 6000 | Check or ET |
| South America | Scholarships | 9000 | Check or ET |
| North America | Scholarships | 24000 | Check or ET |
| North America | Scholarships | 40500 | Check or ET |
| North America | Scholarships | 43100 | Check or ET |
| North America | Scholarships | 14000 | Check or ET |
| North America | Scholarships | 53000 | Check or ET |
| North America | Scholarships | 9500 | Check or ET |
| North America | Scholarships | 5500 | Check or ET |
| North America | Scholarships | 18250 | Check or ET |
| North America | Scholarships | 18700 | Check or ET |
| North America | Scholarships | 17000 | Check or ET |
| North America | Scholarships | 74847 | Check or ET |
| North America | Scholarships | 58500 | Check or ET |
| North America | Scholarships | 15000 | Check or ET |
| North America | Scholarships | 14500 | Check or ET |
| North America | Scholarships | 11000 | Check or ET |
| North America | Scholarships | 80500 | Check or ET |
| North America | Scholarships | 31002 | Check or ET |
| North America | Scholarships | 9500 | Check or ET |
| North America | Scholarships | 5800 | Check or ET |
| North America | Scholarships | 12700 | Check or ET |
| North America | Scholarships | 5167 | Check or ET |
| North America | Scholarships | 9500 | Check or ET |
| North America | Scholarships | 22500 | Check or ET |
| North America | Scholarships | 7000 | Check or ET |
| North America | Scholarships | 8000 | Check or ET |
| North America | Scholarships | 7000 | Check or ET |
| North America | Scholarships | 41000 | Check or ET |
| North America | Scholarships | 81500 | Check or ET |
| North America | Scholarships | 6000 | Check or ET |
| North America | Scholarships | 68000 | Check or ET |
| North America | Scholarships | 53500 | Check or ET |
| North America | Scholarships | 26000 | Check or ET |
| North America | Scholarships | 21000 | Check or ET |
| North America | Scholarships | 7550 | Check or ET |
| North America | Scholarships | 31000 | Check or ET |
| North America | Scholarships | 18000 | Check or ET |
| North America | Scholarships | 35400 | Check or ET |
| North America | Scholarships | 64000 | Check or ET |
| North America | Scholarships | 22400 | Check or ET |
| North America | Scholarships | 8000 | Check or ET |
| North America | Scholarships | 5500 | Check or ET |
| North America | Scholarships | 101100 | Check or ET |
| North America | Scholarships | 103150 | Check or ET |
| North America | Scholarships | 7000 | Check or ET |
| North America | Scholarships | 9500 | Check or ET |
| North America | Scholarships | 46000 | Check or ET |
| North America | Scholarships | 5500 | Check or ET |
| North America | Scholarships | 91000 | Check or ET |
| North America | Scholarships | 10000 | Check or ET |
| South America | Scholarships | 15000 | Check or ET |
| East Asia/Pacific | Scholarships | 7000 | Check or ET |
| Cent. America/Caribbean | Scholarships | 6500 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 5500 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 6000 | Check or ET |
| Sub-Saharan Africa | Scholarships | 10900 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 6000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 6000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 6000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 9000 | Check or ET |
| South Asia | Scholarships | 8000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 6000 | Check or ET |
| East Asia/Pacific | Scholarships | 18000 | Check or ET |
| North America | Scholarships | 6500 | Check or ET |
| North America | Scholarships | 9000 | Check or ET |
| North America | Scholarships | 11000 | Check or ET |
| North America | Scholarships | 9000 | Check or ET |
| North America | Scholarships | 10000 | Check or ET |
| North America | Scholarships | 11500 | Check or ET |
| East Asia/Pacific | Scholarships | 11500 | Check or ET |
| South America | Scholarships | 12350 | Check or ET |
| East Asia/Pacific | Scholarships | 5500 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 6000 | Check or ET |
| East Asia/Pacific | Scholarships | 10000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 6000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 11000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 6000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 10000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 5500 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 10000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 9000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 5500 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 11500 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 9400 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 6000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 8000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 10500 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 5500 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 6000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 7500 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 8500 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 7000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 9000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 6000 | Check or ET |
| Europe/Iceland/Greenland | Scholarships | 17000 | Check or ET |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Other Orgs | 103 | TotalNumberOfOtherOrgs |
Grants To Ind Outside US GrantsToIndOutsideUS (9 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|---|
| Scholarship | Cent. America/Caribbean | 23 | 41760 | Check or ET |
| Scholarship | East Asia/Pacific | 156 | 362179 | Check or ET |
| Scholarship | Europe/Iceland/Greenland | 124 | 269724 | Check or ET |
| Scholarship | Middle East/North Africa | 45 | 141340 | Check or ET |
| Scholarship | North America | 25 | 61606 | Check or ET |
| Scholarship | Russia | 3 | 10000 | Check or ET |
| Scholarship | South America | 23 | 68400 | Check or ET |
| Scholarship | South Asia | 34 | 46500 | Check or ET |
| Scholarship | Sub-Saharan Africa | 21 | 39000 | Check or ET |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Schedule F, Part I, Line 2 | Grants outside the United States are competitively awarded using the process described in Schedule I (Grants...in the United States). In addition for each student Scholarship America obtains a verification of enrollment. Before payment the names of beneficiaries are compared to the Treasury Department, Office of Foreign Assets Control, Specially Designated Nationals List to make sure they are not on that list. |
| Schedule F, Part II, Line 2 | PAYMENTS TO ORGANIZATIONS OUTSIDE THE UNITED STATES ARE PRIMARILY TO COLLEGES AND UNIVERSITIES. THESE PAYMENTS ULTIMATELY REPRESENT GRANTS TO INDIVIDUAL STUDENTS AWARDED AT THE DISCRETION OF SCHOLARSHIP AMERICA. WHILE SCHOLARSHIP AMERICA KNOWS THE ORGANIZATIONS RECEIVING PAYMENT ARE NOT ON THE OFAC'S SDN LIST, WE ARE UNCERTAIN CONCERNING THE ORGANIZATIONS' CHARITY AND TAX EXEMPT STATUS. BASED ON ALL PUBLIC INFORMATION AVAILABLE, ALL ORGANIZATIONS RECEIVING GRANT PAYMENTS FROM SCHOLARSHIP AMERICA APPEAR TO BE INSTITUTES OF HIGHER EDUCATION CONSISTENT WITH SCHOLARSHIP AMERICA'S EXEMPT PURPOSE. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | Schultz and Williams | NameOfIndividual |
| Activity | Fundraising Counsel | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 79875 | AmountRetainedByContractor |
| Net To Organization | 0 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 0 | TotalGrossReceipts |
| Total Retained By Contractors | 79875 | TotalRetainedByContractors |
| Total Net To Organization | 0 | TotalNetToOrganization |
| Licensed States | AL | LicensedStates |
| Licensed States | AK | LicensedStates |
| Licensed States | AS | LicensedStates |
| Licensed States | AZ | LicensedStates |
| Licensed States | AR | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | CO | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | DE | LicensedStates |
| Licensed States | DC | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | HI | LicensedStates |
| Licensed States | ID | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | IN | LicensedStates |
| Licensed States | IA | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | KY | LicensedStates |
| Licensed States | LA | LicensedStates |
| Licensed States | ME | LicensedStates |
| Licensed States | MH | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | MA | LicensedStates |
| Licensed States | MI | LicensedStates |
| Licensed States | MN | LicensedStates |
| Licensed States | MS | LicensedStates |
| Licensed States | MO | LicensedStates |
| Licensed States | MT | LicensedStates |
| Licensed States | NE | LicensedStates |
| Licensed States | NV | LicensedStates |
| Licensed States | NH | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | NY | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | ND | LicensedStates |
| Licensed States | OH | LicensedStates |
| Licensed States | OK | LicensedStates |
| Licensed States | OR | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | SC | LicensedStates |
| Licensed States | SD | LicensedStates |
| Licensed States | TN | LicensedStates |
| Licensed States | TX | LicensedStates |
| Licensed States | UT | LicensedStates |
| Licensed States | VT | LicensedStates |
| Licensed States | VA | LicensedStates |
| Licensed States | WA | LicensedStates |
| Licensed States | WV | LicensedStates |
| Licensed States | WI | LicensedStates |
| Licensed States | WY | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Hoosier Hero | NameOfEvent1 |
| Gross Receipts Event1 | 105901 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 100401 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 5500 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 25483 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Light the Fire | NameOfEvent2 |
| Gross Receipts Event2 | 46910 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 43885 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 3025 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 5974 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 12210 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 12210 | CharitableContribOtherEvents |
| Other Direct Expenses Other Events | 5528 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 165021 | GrossReceiptsTotal |
| Charitable Contributions Total | 156496 | CharitableContributionsTotal |
| Gross Revenue Total Events | 8525 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 36985 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 36985 | DirectExpenseSummaryEvents |
| Net Income Summary | -28460 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships | TypeOfGrant |
| Number Of Recipients | 66011 | NumberOfRecipients |
| Amount Of Cash Grant | 146829214 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHOLARSHIP MANAGEMENT SERVICES | Identifier |
| Return Reference | SCHEDULE I PART IV | ReturnReference |
| Explanation | Scholarship America was formed to encourage citizen support of higher education including the administration of scholarship programs on behalf of participating corporations, foundations and individuals. Scholarship America's grants to individuals for study purposes are made in compliance with procedures set forth in the Scholarship America awards kit on file with the IRS. In administering a scholarship program Scholarship America is available to perform the following in determining the recipients: 1. Prepare and furnish application forms; 2. Receive all applications material directly; 3. Process and evaluate all applications; 4. Determine the recipients and amount to be awarded; 5. Notify the recipient of their award; 6. Confirm the appropriate employment relationship or program eligibility; 7. Confirm enrollment in a qualified educational institution; 8. Make payment of the award; 9. Supervise and investigate the use of the funds by the recipients in their educational programs. Recipients are determined by Scholarship America utilizing selection criteria based on a detailed analysis of the following candidate information; 1. Scholastic aptitude as measured by performance on a recognized scholastic aptitude; 2. Scholastic performance measured by rank in class; 3. Counselor appraisal; 4. Interest, activities, and leadership contributions; 5. Financial need may also be taken into consideration. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs |
|---|---|---|---|---|
| Lauren A Segal | ||||
| 172055 | 0 | 20621 | 192676 | 0 |
| Rhianna Quinn Roddy | ||||
| 194580 | 0 | 17141 | 211721 | 0 |
| Terrance Kraling | ||||
| 159347 | 0 | 16462 | 175809 | 0 |
| Donald Lassere | ||||
| 142907 | 0 | 18512 | 161419 | 0 |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 146687 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Mean of mkt@gift dat | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Organization's Mission | 990 Part III, Question 1 | Scholarship America is a national education service organization that mobilizes support for students getting into and graduating from college. Scholarship America has distributed more than $2.7 billion in scholarship assistance to more than 1.8 million students over the last 50 years. Scholarship America's programs help fund both entry-level and multi-year scholarships, as well as emergency financial grants. Programs include Dollars for Scholars, Dreamkeepers, and Scholarship Management Services. |
| Group Elects Member of the Board: | 990 Part VI, Question 7a | Scholarship America has a group called Honor Roll Trustees (HRTs). The HRT group is comprised of board members who have been off of the board for three years and were elected by existing HRTs to join the group. In addition to advising the President the HRTs elect one of their members to a two year term on the board. |
| Board Approval of Form 990: | 990 Part VI, Question 11A | Audit committee meets, reviews, and approves a draft of the Form 990. The results of their review are then shared for full board approval before it is filed with IRS. |
| Monitoring Conflict of Interest: | 990, Part VI, Question 12c | Annually all board members and employees sign the conflict of interest disclosure form. Forms are reviewed by the Governance Committee. Based on the results of that review and discussion with the involved individual any appropriate action is taken. |
| Review of President & CEO: | 990, Part VI, Question 15b | The Board annually reviews the President & CEO and sets the level of compensation based on performance and data regarding compensation for comparable positions. |
| Availability of Information to the Public: | 990, Part VI, Question 19 | The Annual Report, Annual Audit and Form 990 are available to the public on the website. Articles, by-laws and conflict of interest policy are available upon request. |
| Change in Net Assets | 990, Part XI | 7,623,071 Unrealized Appreciation (1,000,049) Release of Permanent Restriction of Endowment 6,623,022 |
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