Education : Scholarship and Financial Support

Central Scholarship

Go Higher.

impact data icon

Impact Information is available from our partner, GuideStar

four stars

94.65

6 Park Center Court Suite 211
Owings Mills, MD 21117
tel: (410) 415-5558   Web Site
EIN: 52-6012589

Board Leadership
Jerry Focas
Board Chair

CEO
Jan Wagner
President

  Score
(out of 100)
Rating
Overall Score & Rating 94.65 four stars
  Financial 97.14 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.

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.

Impact Information

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This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

97.14

Accountability & Transparency

four stars

93.00

This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  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%
All data for Financial Performance Metrics calculations was provided by Central Scholarship on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Central Scholarship on recent 990s filed with the IRS.
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

Charts

Compensation % of Expenses Paid to Title
$142,000 6.85% Jan Wagner President

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Central Scholarship (MD) 94.65 four stars
District of Columbia College Access Program (DC) 86.80 three stars
Student Sponsor Partners (NY) 92.91 four stars
Scholarship America (MN) 86.07 three stars
NBCC Foundation (NC) 87.14 three stars

Compare These Charities (Highly Rated)

Charity Contact Info

Central Scholarship
6 Park Center Court
Suite 211
Owings Mills, MD 21117
tel: (410) 415-5558
fax: (410) 415-5501
EIN: 52-6012589

Visit Web Site

Board Leadership

Jerry Focas
Board Chair

CEO

Jan Wagner
President