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Education : Youth Education Programs and Services

Rainier Scholars

Stretching minds...Launching futures.

four stars

95.55

2100 24th Ave South Suite 360
Seattle, WA 98144
tel: (206) 407-2111   Web Site
EIN: 91-2045918

Board Leadership
Reggie Brown
Chair

CEO
Sarah Smith
Executive Director

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 95.55 four stars
  Financial 93.71 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 03/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?

Rainier Scholars is a community of energetic people who are passionate about the power of education and the immeasurable value of opportunity. Our scholars come from those groups most underrepresented on college campuses-including African Americans, Hispanic Latinos, Native Americans and first generation Asian Americans. We particularly recruit those students who have the greatest number of barriers to a college education. More than 80 percent of our scholars qualify as low-income. More than 85 percent come from households where they will be the first in their family to earn a college degree. Our scholars are distinguished as much by what they have as by what they don't have. All Rainier Scholars demonstrate innate cognitive ability, motivation and a strong work ethic. They share a desire to use education as a pathway to new possibilities.

Rainier Scholars is a community of energetic people who are passionate about the power of education and the immeasurable value of opportunity. Our scholars come from those groups most underrepresented on college campuses-including African Americans, Hispanic Latinos, Native Americans and first generation Asian Americans. We particularly recruit those students who have the greatest number of barriers to a college education. More than 80 percent of our scholars qualify as low-income. More than 85 percent come from households where they will be the first in their family to earn a college degree. Our scholars are distinguished as much by what they have as by what they don't have. All Rainier Scholars demonstrate innate cognitive ability, motivation and a strong work ethic. They share a desire to use education as a pathway to new possibilities.

Learn more about how we calculate the overall score and rating.

Financial

four stars

93.71

Accountability & Transparency

four stars

100.00

This rating was published 03/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 80.5%
  Administrative Expenses 5.8%
  Fundraising Expenses 13.6%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 1.70
  Program Expenses Growth 11.9%
  Liabilities to Assets 3.2%
All data for Financial Performance Metrics calculations was provided by Rainier Scholars on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Rainier Scholars on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Rainier Scholars (WA) 95.55 four stars
Chicago Scholars Foundation (IL) 90.73 four stars
College Possible (MN) 91.38 four stars
PUENTE Learning Center (CA) 86.60 three stars
Students Rising Above (CA) 90.42 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,403,095
   Federated Campaigns $237,662
   Membership Dues $0
   Fundraising Events $1,999,338
   Related Organizations $0
   Government Grants $0
Total Contributions $4,640,095
   Program Service Revenue $15,495
Total Primary Revenue $4,655,590
   Other Revenue $-67,826
TOTAL REVENUE $4,587,764
   
EXPENSES  
   Program Expenses $3,592,511
   Administrative Expenses $228,188
   Fundraising Expenses $529,038
TOTAL FUNCTIONAL EXPENSES $4,349,737
   
Payments to Affiliates $0
Excess (or Deficit) for the year $238,027
   
Net Assets $6,740,798

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
Academic Enrichment Phase $1,348,178 37.5%
College Support $995,332 27.7%
Middle School Support $632,320 17.6%

Ratings History
Rainier Scholars has received 7 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 03/01/2019 95.55 four stars
2017-06 06/01/2018 94.45 four stars
2016-06 06/01/2017 93.43 four stars
2015-06 06/01/2016 92.94 four stars
 
CN 2.0
2014-06 03/01/2016 95.74 four stars
2014-06 08/01/2015 94.11 four stars
2013-06 11/01/2014 93.07 four stars
2013-06 06/01/2014 90.83 four stars
2012-06 04/01/2013 90.80 four 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 91-2045918
Name in IRS Master File RAINIER SCHOLARS
NTEE Code B90
NTEE Classification Educational Services and Schools - Other
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
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 August, 2000
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$140,750 3.23% Sarah Smith Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Rainier Scholars (WA) 95.55 four stars
The Opportunity Network (NY) 89.50 three stars
Sponsors for Educational Opportunity (SEO) (NY) 99.93 four stars
College Possible (MN) 91.38 four stars
Year Up (MA) 90.18 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Rainier Scholars
2100 24th Ave South
Suite 360
Seattle, WA 98144
tel: (206) 407-2111
fax: (206) 407-2112
EIN: 91-2045918

Visit Web Site

Board Leadership

Reggie Brown
Chair

CEO

Sarah Smith
Executive Director

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