Disable all preview features

Education : Youth Education Programs and Services

Oliver Scholars

Opportunity unlocked

four stars

96.69

80 Maiden Lane Suite 706
New York, NY 10038
tel: (212) 430-5980   Web Site
EIN: 13-3248876

Board Leadership
Dorothea Schlosser
Board Chair

CEO
Chantal Stevens
Interim CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 96.69 four stars
  Financial 95.32 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2018 and includes data from FY2016, the most recent 990 received at that time.

Oliver Scholars prepares high-achieving Black and Latino students from underserved New York City communities for success at top independent schools and prestigious colleges. We provide crucial support for our scholars so they can realize their full potential and ultimately give back to the city, the nation, and the world. Our work with scholars includes up to ten years of one-on-one support, after-school and summer coursework, and pre-career training. As a result, 100% of scholars graduate high school. For the Class of 2017, 94% were accepted into U.S. News and World Report's top 100 schools.

Oliver Scholars prepares high-achieving Black and Latino students from underserved New York City communities for success at top independent schools and prestigious colleges. We provide crucial support for our scholars so they can realize their full potential and ultimately give back to the city, the nation, and the world. Our work with scholars includes up to ten years of one-on-one support, after-school and summer coursework, and pre-career training. As a result, 100% of scholars graduate high school. For the Class of 2017, 94% were accepted into U.S. News and World Report's top 100 schools.

Financial

four stars

95.32

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2018 and includes data from FY2016, 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)
77.4%
  Administrative Expenses 7.8%
  Fundraising Expenses 14.7%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 15.41
  Program Expenses Growth 10.9%
  Liabilities to Assets 0.2%
All data for Financial Performance Metrics calculations was provided by Oliver Scholars on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Oliver Scholars on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Oliver Scholars (NY) 96.69 four stars
Partnership with Children (NY) 95.13 four stars
New Jersey SEEDS (NJ) 90.42 four stars
SquashBusters (MA) 91.21 four stars
The Immokalee Foundation (FL) 91.16 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $30,415,300
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $514,002
   Related Organizations $0
   Government Grants $0
Total Contributions $30,929,302
   Program Service Revenue $0
Total Primary Revenue $30,929,302
   Other Revenue $39,413
TOTAL REVENUE $30,968,715
   
EXPENSES  
   Program Expenses $1,978,287
   Administrative Expenses $204,807
   Fundraising Expenses $402,808
TOTAL FUNCTIONAL EXPENSES $2,585,902
   
Payments to Affiliates $0
Excess (or Deficit) for the year $28,382,813
   
Net Assets $32,085,631

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
Oliver Scholars Model $644,202 32.6%
Guidance Program $559,202 28.3%
College and Career Support $400,619 20.3%

Ratings History
Oliver Scholars has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 06/01/2018 96.69 four stars
2015-12 09/01/2017 92.11 four stars
2015-12 08/01/2017 88.92 three stars

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

EIN 13-3248876
Name in IRS Master File THE OLIVER SCHOLARS PROGRAM 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 (43) Other student aid
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 March, 1985
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, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

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

Compensation % of Expenses Paid to Title
$191,810 7.41% David Allyn Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
Oliver Scholars (NY) 96.69 four stars
Legal Outreach (NY) 89.92 three stars
New Jersey SEEDS (NJ) 90.42 four stars
Achievement Centers for Children & Families Foundation (FL) 88.42 three stars
New Heights Youth, Inc. (NY) 89.86 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Oliver Scholars
80 Maiden Lane
Suite 706
New York, NY 10038
tel: (212) 430-5980
EIN: 13-3248876

Visit Web Site

Board Leadership

Dorothea Schlosser
Board Chair

CEO

Chantal Stevens
Interim CEO

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.