Education : Youth Education Programs and Services

Rainier Scholars

Stretching minds...Launching futures.

four stars

95.75

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 95.75 four stars
  Financial 94.00 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.

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.

Impact Information

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Reported Results
Total in 2018
Number of high school seniors accepted into one or more colleges and universities
51
Number of students accepted for placement on college prep pathways
295
Number of scholars on track to graduate from four-year colleges and universities
161
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

94.00

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2020 and includes data from FY2019, 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)
81.5%
  Administrative Expenses 5.6%
  Fundraising Expenses 12.7%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 1.47
  Program Expenses Growth 10.8%
  Liabilities to Assets 2.9%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,870,800
   Federated Campaigns $210,071
   Membership Dues $0
   Fundraising Events $1,991,327
   Related Organizations $0
   Government Grants $0
Total Contributions $4,072,198
   Program Service Revenue $13,825
Total Primary Revenue $4,086,023
   Other Revenue $5,460
TOTAL REVENUE $4,091,483
   
EXPENSES  
   Program Expenses $3,732,660
   Administrative Expenses $269,546
   Fundraising Expenses $597,783
TOTAL FUNCTIONAL EXPENSES $4,599,989
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-508,506
   
Net Assets $6,358,438

Charts

Compensation % of Expenses Paid to Title
$146,880 3.19% Sarah Smith Executive Director

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Rainier Scholars (WA) 95.75 four stars
Educando by Worldfund (DC) 90.28 four stars
College Possible (MN) 91.28 four stars
Put On The BRAKES, B.R.A.K.E.S. (NC) 85.55 three stars
Teach For America (NY) 87.77 three stars

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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