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Education : Scholarship and Financial Support
Board Leadership
Jerry Focas
Board Chair
CEO
Jan Wagner
President
|
Central Scholarship is devoted to helping individuals achieve a better life through higher education. We believe that education is a right, not a privilege and that scholarships are an investment, not an expense. Founded in 1924, we award scholarships and interest-free loans to students pursuing higher education. Through Central Scholarship, students are able to afford tuition and fulfill their potential.
Central Scholarship is devoted to helping individuals achieve a better life through higher education. We believe that education is a right, not a privilege and that scholarships are an investment, not an expense. Founded in 1924, we award scholarships and interest-free loans to students pursuing higher education. Through Central Scholarship, students are able to afford tuition and fulfill their potential.
97.14
93.00
Program Expenses (Percent of the charity's total expenses spent on the programs and services it delivers) |
85.4% | |
Administrative Expenses | 6.1% | |
Fundraising Expenses | 8.4% | |
Fundraising Efficiency | $0.07 | |
Working Capital Ratio (years) | 3.55 | |
Program Expenses Growth | 7.1% | |
Liabilities to Assets | 0.2% |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
Central Scholarship (MD) | 94.65 | |
Extra Mile Education Foundation (PA) | 89.00 | |
Catholic Schools Foundation (MA) | 91.50 | |
Jewish Tuition Organization (AZ) | 85.34 | |
I Know I Can (OH) | 95.00 |
REVENUE | |
Contributions | |
Contributions, Gifts & Grants | $2,734,319 |
Federated Campaigns | $0 |
Membership Dues | $0 |
Fundraising Events | $0 |
Related Organizations | $0 |
Government Grants | $0 |
Total Contributions | $2,734,319 |
Program Service Revenue | $16,135 |
Total Primary Revenue | $2,750,454 |
Other Revenue | $303,199 |
TOTAL REVENUE | $3,053,653 |
EXPENSES | |
Program Expenses | $1,773,865 |
Administrative Expenses | $129,674 |
Fundraising Expenses | $167,671 |
TOTAL FUNCTIONAL EXPENSES | $2,071,210 |
Payments to Affiliates | $0 |
Excess (or Deficit) for the year | $982,443 |
Net Assets | $12,842,043 |
Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.
Program Name | Amount Spent | % of Program Expenses |
---|---|---|
Scholarships | $1,029,089 | 58.0% |
Interest-Free Loans | $378,839 | 21.3% |
Workforce Demand Scholarships | $365,937 | 20.6% |
Form 990 FYE | Date Published | Overall Score | Overall Rating | ||||||
---|---|---|---|---|---|---|---|---|---|
CN 2.1 | |||||||||
2018-06 | 10/01/2019 | 94.65 | |||||||
2017-06 | 02/01/2019 | 96.74 | |||||||
2016-06 | 03/01/2018 | 96.95 | |||||||
2015-06 | 09/01/2017 | 93.29 | |||||||
2015-06 | 11/01/2016 | 92.72 | |||||||
2014-06 | 06/01/2016 | 93.24 | |||||||
CN 2.0 | |||||||||
2014-06 | 11/01/2015 | 92.21 | |||||||
2013-06 | 11/01/2014 | 88.54 | |||||||
2012-06 | 10/01/2013 | 86.72 | |||||||
2011-06 | 06/01/2013 | 88.98 |
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
EIN | 52-6012589 |
Name in IRS Master File | THE CENTRAL SCHOLARSHIP BUREAU INC |
NTEE Code | [Not Provided by IRS] |
NTEE Classification | [Not Provided by IRS] |
NTEE Type | [Not Provided by IRS] |
Classification | Charitable Organization |
Subsection | 501(c)(3) (View the list of codes) |
Activities | (59) Other school related activities (40) Scholarships (other) |
Foundation Status | Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) |
Deductibility | Contributions are deductible |
Affiliation | Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
Group Name | [Not Applicable] |
Ruling Date | June, 1952 |
Filing Requirement | 990 (all other) or 990EZ return |
Fiscal Year End | June |
IRS Forms 990 (provided courtesy of Foundation Center) |
(Log In or Register Now to View Forms 990!)
|
Compensation | % of Expenses | Paid to | Title | |
---|---|---|---|---|
$142,000 | 6.85% | Jan Wagner | President |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
Central Scholarship (MD) | 94.65 | |
Children's Scholarship Fund (NY) | 94.47 | |
Horatio Alger Association of Distinguished Americans (VA) | 92.38 | |
Association of Waldorf Schools of North America (CO) | 86.86 | |
Take Stock in Children Palm Beach County (FL) | 93.38 |
This charity has an official representative registered with Charity Navigator.
Central Scholarship
6 Park Center Court
Suite 211
Owings Mills,
MD 21117
tel: (410) 415-5558
fax: (410) 415-5501
EIN: 52-6012589
Jerry Focas
Board Chair
Jan Wagner
President
Charity Navigator
299 Market Street Suite 250
Saddle Brook, NJ 07663
EIN: 13-4148824
BRIDGE ID: 3108588923