Education : Adult Education Programs and Services

Arkansas Single Parent Scholarship Fund Program

Opening a world of opportunity

four stars

90.44

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

Board Leadership
Jay Barth
President

CEO
Ruthanne Hill
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 90.44 four stars
  Financial 92.16 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 02/01/2020 and includes data from FY2018, 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.

Impact Information

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Financial

four stars

92.16

Accountability & Transparency

three stars

89.00

This rating was published 02/01/2020 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)
81.3%
  Administrative Expenses 9.8%
  Fundraising Expenses 8.7%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 3.12
  Program Expenses Growth 1.2%
  Liabilities to Assets 3.0%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $864,341
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $242,500
Total Contributions $1,106,841
   Program Service Revenue $0
Total Primary Revenue $1,106,841
   Other Revenue $93,319
TOTAL REVENUE $1,200,160
   
EXPENSES  
   Program Expenses $1,940,429
   Administrative Expenses $256,970
   Fundraising Expenses $281,012
TOTAL FUNCTIONAL EXPENSES $2,478,411
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,278,251
   
Net Assets $8,662,002

Charts

Compensation % of Expenses Paid to Title
None reported -- This organization did not report a CEO

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Arkansas Single Parent Scholarship Fund Program (AR) 90.44 four stars
Literacy Assistance Center (NY) 86.84 three stars
Literacy Partners (NY) 86.01 three stars
American Friends of Nishmat (NY) 94.07 four stars
The National GEM Consortium (VA) 88.86 three stars

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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

Jay Barth
President

CEO

Ruthanne Hill
Executive Director