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Education : Adult Education Programs and Services

Arkansas Single Parent Scholarship Fund Program

Opening a world of opportunity

91.18

614 East Emma Avenue Suite 119
Springdale, AR 72764
tel: (479) 927-1402   Web Site
EIN: 71-0704088

Board Leadership
Tony Thomas
President

CEO
Ruthanne Hill
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 91.18
  Financial 89.68
  Accountability & Transparency 93.00
This rating was published 06/01/2021 and includes data from FY2019, the most recent 990 received at that time.

In recognition of the severe impoverishment of single-parent families in Arkansas, the Arkansas Single Parent Scholarship Fund (ASPSF) was established in 1990. Modeled on successful incentive scholarship funds in two northwest Arkansas counties, the goal of the ASPSF is to assist low-income single parents to complete their post-secondary education in preparation for skilled employment. Our strategy is to work at the county level to organize affiliate scholarship funds operated by local residents and provide on-site assistance with all phases of affiliate development.

In recognition of the severe impoverishment of single-parent families in Arkansas, the Arkansas Single Parent Scholarship Fund (ASPSF) was established in 1990. Modeled on successful incentive scholarship funds in two northwest Arkansas counties, the goal of the ASPSF is to assist low-income single parents to complete their post-secondary education in preparation for skilled employment. Our strategy is to work at the county level to organize affiliate scholarship funds operated by local residents and provide on-site assistance with all phases of affiliate development.

Financial

89.68

Accountability & Transparency

93.00

This rating was published 06/01/2021 and includes data from FY2019, 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)
77.9%
  Administrative Expenses 11.7%
  Fundraising Expenses 10.3%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 3.09
  Program Expenses Growth 3.2%
  Liabilities to Assets 2.2%
All data for Financial Performance Metrics calculations was provided by Arkansas Single Parent Scholarship Fund Program on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Arkansas Single Parent Scholarship Fund Program on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Arkansas Single Parent Scholarship Fund Program (AR) 91.18
The National GEM Consortium (VA) 91.97
Mercy Learning Center of Bridgeport (CT) 97.17
American Friends of Nishmat (NY) 87.97
Street Law (MD) 91.44

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,142,046
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $265,000
Total Contributions $1,407,046
   Program Service Revenue $13,361
Total Primary Revenue $1,420,407
   Other Revenue $346,101
TOTAL REVENUE $1,766,508
   
EXPENSES  
   Program Expenses $2,066,624
   Administrative Expenses $408,916
   Fundraising Expenses $330,956
TOTAL FUNCTIONAL EXPENSES $2,806,496
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,039,988
   
Net Assets $7,817,983

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
Scholarship Fund $2,066,624 100.0%

Ratings History
Arkansas Single Parent Scholarship Fund Program has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 06/01/2021 91.18
2018-12 02/01/2020 90.44
2017-12 12/01/2018 89.38
2016-12 02/01/2018 89.39
2015-12 12/01/2016 89.39
2014-12 06/01/2016 75.50
 
CN 2.0
2014-12 11/01/2015 75.29
2013-12 04/01/2015 83.85
2012-12 05/01/2014 82.12

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 71-0704088
Name in IRS Master File THE ARKANSAS SINGLE PARENT SCHOLARSHIP FUND
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
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 November, 1991
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$103,648 3.69% Ruthanne Hill Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Arkansas Single Parent Scholarship Fund Program (AR) 91.18
The Shalom Hartman Institute of North America (NY) 94.34
Literacy Assistance Center (NY) 89.82
Operation HOPE (GA) 92.61
Society for Classical Studies (NY) 89.54

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Arkansas Single Parent Scholarship Fund Program
614 East Emma Avenue
Suite 119
Springdale, AR 72764
tel: (479) 927-1402
EIN: 71-0704088

Visit Web Site

Board Leadership

Tony Thomas
President

CEO

Ruthanne Hill
Executive Director

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