Education : Scholarship and Financial Support

Great Aspirations Scholarship Program

Ensuring career and college access for all

four stars

100.00

4551 Cox Road Suite 115
Glen Allen, VA 23060
tel: (804) 527-7726   Web Site
EIN: 52-1277427

Board Leadership
Kenneth M. Dye
Chairman

CEO
Ken Barker
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 100.00 four stars
  Financial 100.00 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Helping all students and their families, with a focus on financially disadvantaged households, by:
(a) Giving inspiration and hope that their goals are attainable;
(b) Assisting them with the financial aid process and awarding scholarships; and
(c) Supporting them in the attainment of their post-secondary goals at the lowest possible cost.

Helping all students and their families, with a focus on financially disadvantaged households, by:
(a) Giving inspiration and hope that their goals are attainable;
(b) Assisting them with the financial aid process and awarding scholarships; and
(c) Supporting them in the attainment of their post-secondary goals at the lowest possible cost.

Impact Information

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This impact information is current as of March 2020, 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

100.00

Accountability & Transparency

four stars

100.00

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)
87.2%
  Administrative Expenses 11.5%
  Fundraising Expenses 1.2%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 2.52
  Program Expenses Growth 20.2%
  Liabilities to Assets < 0.1%
All data for Financial Performance Metrics calculations was provided by Great Aspirations Scholarship Program on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Great Aspirations Scholarship Program on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,244,542
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $456,000
Total Contributions $1,700,542
   Program Service Revenue $59,300
Total Primary Revenue $1,759,842
   Other Revenue $77,865
TOTAL REVENUE $1,837,707
   
EXPENSES  
   Program Expenses $1,541,430
   Administrative Expenses $199,659
   Fundraising Expenses $30,590
TOTAL FUNCTIONAL EXPENSES $1,771,679
   
Payments to Affiliates $0
Excess (or Deficit) for the year $66,028
   
Net Assets $3,882,556

Charts

Compensation % of Expenses Paid to Title
$8,000 0.45% Kenneth D. Barker President, CEO
Other Salaries of Note
$71,427 4.03% Elizabeth E. Heggie Chief Operating Officer

Mission

Helping all students and their families, with a focus on financially disadvantaged households, by:
(a) Giving inspiration and hope that their goals are attainable;
(b) Assisting them with the financial aid process and awarding scholarships; and
(c) Supporting them in the attainment of their post-secondary goals at the lowest possible cost.

Highly Rated

Charity Name & State Overall Score Overall Rating
Great Aspirations Scholarship Program (VA) 100.00 four stars
Hispanic Scholarship Fund (CA) 91.21 four stars
Children's Scholarship Fund Philadelphia (PA) 95.72 four stars
The BISON Children's Scholarship Fund (NY) 95.43 four stars
Point Foundation (CA) 87.42 three stars

Compare These Charities (Highly Rated)

Charity Contact Info

Great Aspirations Scholarship Program
4551 Cox Road
Suite 115
Glen Allen, VA 23060
tel: (804) 527-7726
fax: (804) 527-7750
EIN: 52-1277427

Visit Web Site

Board Leadership

Kenneth M. Dye
Chairman

CEO

Ken Barker
Chief Executive Officer