Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Financial Scholars Inc is a nonprofit organization dedicated to creating a high school financial literacy program aimed at combating poverty and wealth inequality. With an operating budget of $617.7K and total revenue of $1.1M for the 2024 filing year, the organization is supported by significant funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, AMERICAN ONLINE GIVING FOUNDATION INC, and CHARITIES AID FOUNDATION AMERICA. Financial Scholars Inc does not rely on a single funder for 50% or more of its revenue.

Mission Statement

CREATE A HIGH SCHOOL FINANCIAL LITERACY PROGRAM TO COMBAT POVERTY AND WEALTH INEQUALITY.
Revenues
$1.1M
Expenses
$617.7K
Net Income:
+$484.9K
Assets
$795.6K
Liabilities
$78.4K
Net Assets:
+$717.2K
Operating Budget
$617.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
12
Median grant size
$20K
Largest grant received
$101.9K
K
Kerry Woodward
Board Member
S
See Attached Board Members Listing
Board Member

Frequently Asked Questions

What is FINANCIAL SCHOLARS INC’s budget?
In 2024, FINANCIAL SCHOLARS INC reported an annual operating budget of around $618 thousand. More detailed financial information is available to registered users.
What causes does FINANCIAL SCHOLARS INC support?
FINANCIAL SCHOLARS INC supports work in Education services.
Where does FINANCIAL SCHOLARS INC operate?
FINANCIAL SCHOLARS INC is headquartered in PHILADELHIA, PA.
Who funded FINANCIAL SCHOLARS INC recently?
In 2025, FINANCIAL SCHOLARS INC received grants from CALVIN K KAZANJIAN ECONOMICS FOUNDATION INC, TD CHARITABLE FOUNDATION, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant FINANCIAL SCHOLARS INC received in 2024?
The largest grant to FINANCIAL SCHOLARS INC in 2024 exceeds $102 thousand.