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EIN 61-1709239

Arete Scholars Louisiana

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Dacula
State
Georgia
Year formed
2013
Most recent tax filings
2023-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
Arete Scholars Louisiana assists low-income students in reaching their highest potential and helps them discover and use their unique gifts and talents through providing educational opportunity. During the 2021-2022 fiscal year, Arete Scholars Louisiana awarded 420 K4-12 Education scholarships, totaling $1,879,884, exclusively to qualifying low-income students to give parents more choices.
Total revenues
$9,238,365
2023
Total expenses
$4,396,961
2023
Total assets
$15,000,023
2023
Num. employees
4
2023

Program areas at Arete Scholars Louisiana

Arete Scholars Louisiana, Inc. awarded 899 K4-12 Education scholarships, for a total of $3,875,457 during the 2022-2023 fiscal year. Scholarships were awarded solely to qualifying low-income students. The scholarships give parents, whose choices are otherwise limited, the opportunity to select the K4-12 private school that best meets their childrens needs. The scholarships pay up to $4,436 for K-8 and $4,990 for 9-12 for private school tuition and fees.

Who funds Arete Scholars Louisiana

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Baton Rouge Area FoundationLouisiana Sto Scholarship$45,200
Baptist Community Ministries (BCM)General Funding$20,000

Personnel at Arete Scholars Louisiana

NameTitleCompensation
Howard DavisFounder and Head of School
Marilyn HicksVice President of Operations
Jason Paul RobertsVice President of Marketing and Communications
Andrew MartinDevelopment Director
Mary Helen WirwaLouisiana Scholarship Program Director
...and 8 more key personnel

Financials for Arete Scholars Louisiana

RevenuesFYE 06/2023
Total grants, contributions, etc.$9,098,680
Program services$0
Investment income and dividends$133,043
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$6,642
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$9,238,365

Form 990s for Arete Scholars Louisiana

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-18990View PDF
2019-062020-08-11990View PDF
...and 5 more Form 990s
Data update history
July 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 28, 2023
Received grants
Identified 2 new grant, including a grant for $45,200 from Baton Rouge Area Foundation
August 29, 2023
Updated personnel
Identified 4 new personnel
August 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Fundraising eventsProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
3617 Braselton Hwy Suite 101
Dacula, GA 30019
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
County
Gwinnett County, GA
Website URL
aretescholars.org/ 
Phone
(404) 697-2649
IRS details
EIN
61-1709239
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Central organization
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