NonprofitsArete Scholars Fund Inc

Education

Arete Scholars Fund Inc

DACULA, GA

Total revenue

$6.2M

Total expenses

$6.0M

Net assets

$10.7M

Grants received

$95K

5 grants

EIN

272494520

Tax year

2023

Mission

To assist low-income students in reaching their highest potential through educational opportunity.

Financials

FY 2023

Revenue

Contributions & grants$5.9M
Program service revenue$65K
Investment income$285K
Other revenue
Total revenue$6.2M

Expenses

Grants paid$5.3M
Salaries & benefits$442K
Fundraising$128K
Other expenses$196K
Total expenses$6.0M
Total assets$10.9M
Net assets$10.7M

People

4 listed

NameRoleCompensation

Arthur Dupre

President

Board

$297K

40 hrs/wk

Derek Monjure

Board Member

Board

1 hrs/wk

Gregory Beadles

Board Chairman

Board

1 hrs/wk

James Smith

Secretary

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$15K
GIVING AND GENEROSITY
2024
$9K
CHARITABLE DONATION
2023
$35K
CHILDREN'S EDUCATION
2020
$25K
For grant recipient's exempt purposes
2020

Funded by

$95K from 4 funders · 5 grants · 2020–2024

Richard & Barbara Gaby Foundation

$35K · 1 grant · 2020

Natl Christian Charitable Fdn Inc

$26K · 2 grants · 2020–2024

Charities Aid Foundation America

$9K · 1 grant · 2023

Details

EIN272494520
NTEE codeB82
Subsection03
Ruling date2010-08
Formed2010
Employees5
Volunteers0
ARETE SCHOLARS FUND INC — Mission, Financials & Grants Received | Grantivo