Program areas at ScholarCHIPS
Scholarchips awardees receive college funding (I.E. Renewable Scholarships and Book Awards), and all of the scholars have the opportunity to benefit from our additional programs, including mentoring, cultural enrichment, college life skills workshops and a peer support network. Since the programs inception in 2012, the organization has supported seventy-seven scholars, and thirty-two scholars have graduated from their respective undergraduate studies programs.In May 2020, Scholarchips launched its in-house one-on-one mentorship program, where scholars are matched with vetted volunteer mentors from within the community. Scholars and mentors have reported that they are enjoying their relationship and that it is mutually beneficial.
Who funds ScholarCHIPS
Grants from foundations and other nonprofits
Personnel at ScholarCHIPS
| Name | Title | Compensation | Date of data |
|---|
| Yasmine Arrington | Founder and Executive | $69,350 | 2023-05-12 |
| Vida Anderson | Board Member | $0 | 2023-05-11 |
| Raynna Nkwanyuo | Secretary / Board Member | $0 | 2022-06-30 |
| Chris Magnuson | Board Chair / Board Member | $0 | 2022-06-30 |
Financials for ScholarCHIPS
| Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
|---|
| Total grants, contributions, etc. | $292,251 | $487,719 | -40.1% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $2,384 | -100% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $-611 | $29 | -2206.9% |
| Total revenues | $291,640 | $490,132 | -40.5% |
Organizations like ScholarCHIPS
| Organization | Type | Location | Revenue |
|---|
| Support Our Scholars (SOS) | 501(c)(3) | Winter Park, FL | $1,194,676 |
| The Next Step | 501(c)(3) | Saint Louis, MO | $279,329 |
| Guardian Scholars | 501(c)(3) | Vail, CO | $378,469 |
| Palmer Scholars | 501(c)(3) | Tacoma, WA | $1,443,994 |
| Dr Doretha Pressey Southern Scholars Initiative | 501(c)(3) | New York, NY | $93,426 |
| Circle de Luz | 501(c)(3) | Charlotte, NC | $234,225 |
| Cead - Center for Education and Academic Development | 501(c)(3) | Carson, CA | $119,144 |
| Students To Scholars | 501(c)(3) | Chapel Hill, NC | $101,747 |
| Chance to Soar | 501(c)(3) | North Richland Hills, TX | $245,901 |
| Elevation Scholars | 501(c)(3) | Orlando, FL | $1,003,250 |
Data update history
June 29, 2023
Used new vendors
Identified 1 new vendor, including
May 12, 2023
Updated personnel
Identified 6 new personnel
May 6, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Partially liquidatedProvides scholarshipsTax deductible donations
General information
- Address
- 22 Galatin St Ne
- Washington, DC 20001
- Metro area
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Website URL
- scholarchipsfund.org/Â
- Phone
- (202) 813-5756
IRS details
- EIN
- 46-3127898
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 2014
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B82: Scholarships, Student Financial Aid Services
- NAICS code, primary
- 611710: Educational Support Services
- Parent/child status
- Independent
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