NonprofitsArete Scholars Louisiana Inc

Education

Arete Scholars Louisiana Inc

DACULA, GA

Total revenue

$13.0M

Total expenses

$7.0M

Net assets

$20.9M

Grants received

$192K

9 grants

EIN

611709239

Tax year

2023

Mission

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

Financials

FY 2023

Revenue

Contributions & grants$12.1M
Program service revenue
Investment income$866K
Other revenue$864
Total revenue$13.0M

Expenses

Grants paid$6.2M
Salaries & benefits$517K
Fundraising$243K
Other expenses$265K
Total expenses$7.0M
Total assets$21.0M
Net assets$20.9M

People

4 listed

NameRoleCompensation

Arthur Dupre

President

Board

10 hrs/wk

Gregory Beadles

Board Chairman

Board

1 hrs/wk

Derek Monjure

Board Member

Board

1 hrs/wk

James Smith

Secretary

Board

1 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$50K
FOR THE LOUISIANA STO PROGRAM
2024
$36K
LOUISIANA STO SCHOLARSHIP
2023
$2K
Program Support
2023
$45K
LOUISIANA STO SCHOLARSHIP
2022
$2K
Program Support
2022
$20K
GENERAL FUNDING
2021

Funded by

$192K from 5 funders · 9 grants · 2019–2024

Baton Rouge Area Foundation

$130K · 3 grants · 2022–2024

Baptist Community Ministries

$20K · 1 grant · 2021

American Online Giving Foundation Inc

$19K · 2 grants · 2019–2020

Enterprise Holdings Foundation

$4K · 2 grants · 2022–2023

Details

EIN611709239
NTEE codeB82
Subsection03
Ruling date2014-09
Formed2010
Employees3
Volunteers0
ARETE SCHOLARS LOUISIANA INC — Mission, Financials & Grants Received | Grantivo