Education for Scholars Inc

Nonprofit profile at a glance

EIN
461483066
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Tulsa, OK, USA
Phone
9189550302
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Education

Official website

Reported finances

Revenue
$152,656
Expenses
$178,392
Assets
$59,823
Liabilities
$1,053

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • MERLEANNA DICK (EXECUTIVE DI)
  • SHADRACK KOECH (TREASURER)
  • ISAAC CAUSEY (BOARD CHAIR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To partner with students, parents, educational institutions, and other like-minded communities to ensure a successful future for youth.

What it reported doing in 2024

2023 accomplishments: -increased income from 2021 to 2023 by 453% -increased board membership by 6 new members -16,709.65 raised to open our youth and family resilience center -formed a capacity building team consisting of 4 board member lead committees -added 9 new foundations and donors. Scholars reached (2022-2023) -187 scholars -6 hs student interns -23 participated in college tours -25 participants at the annual family career fair stem + college and career results (2022 - 2023) -100% hs scholars in enrolled college test prep -98% reported an increased knowledge of college and career readiness -80% juniors and seniors accepted to college -53% made application to attend college or tech school to obtain a stem careers -67% increased knowledge of stem careers and activities

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 19
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -16.9%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 19.6%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 21.6% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: -9.9% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $178K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 10/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.