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Education : Youth Education Programs and Services

Oliver Scholars

Opportunity unlocked

four stars

91.39

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
Danielle R. Moss
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 91.39 four stars
  Financial 94.81 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 09/01/2020 and includes data from FY2018, 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.

Impact Information

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Reported Results
Total in 2018
Total dollar amount of scholarship awarded
3,000,000
Number of scholars who graduate from four year colleges and university within six years
83
This impact information is current as of August 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

94.81

Accountability & Transparency

three stars

89.00

This rating was published 09/01/2020 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)
75.6%
  Administrative Expenses 9.9%
  Fundraising Expenses 14.3%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 7.58
  Program Expenses Growth 24.8%
  Liabilities to Assets 0.7%
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) 91.39 four stars
HEAF (NY) 87.23 three stars
Taco Bell Foundation (CA) 92.38 four stars
826 Valencia (CA) 88.94 three stars
Partnership with Children (NY) 94.34 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $673,259
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $511,384
   Related Organizations $0
   Government Grants $0
Total Contributions $1,184,643
   Program Service Revenue $0
Total Primary Revenue $1,184,643
   Other Revenue $554,260
TOTAL REVENUE $1,738,903
   
EXPENSES  
   Program Expenses $2,909,277
   Administrative Expenses $458,340
   Fundraising Expenses $703,806
TOTAL FUNCTIONAL EXPENSES $4,071,423
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-2,332,520
   
Net Assets $27,384,425

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
Scholar Immersion and Placement $1,306,546 44.9%
Guidance Program $650,657 22.4%
Admissions and Enrollment $508,275 17.5%

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

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 09/01/2020 91.39 four stars
2017-12 04/01/2019 96.97 four stars
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, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$187,886 4.61% Chantal Stevens Interim Chief Executive Officer
Other Salaries of Note
$64,459 1.58% David Allyn Former Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
Oliver Scholars (NY) 91.39 four stars
BestPrep (MN) 91.04 four stars
Communities In Schools National Office (VA) 96.84 four stars
Philadelphia Futures (PA) 95.47 four stars
Optimist International Foundation (MO) 95.38 four stars

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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

Danielle R. Moss
CEO

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