NonprofitsPhiladelphia Financial Scholars

Education

Philadelphia Financial Scholars

PHILADELPHIA, PA

Total revenue

$1.1M

Total expenses

$618K

Net assets

$717K

Grants received

$866K

19 grants

EIN

854254020

Tax year

2023

Mission

Create a high school financial literacy program to combat poverty and wealth inequality.

Programs

1 program

For the 2023-24 school year, the organization operated in 28 philadelphia schools (district and charter) with 34 teachers serving 2,300 students. For the 2022-23 school year, the organization operated in 19 philadelphia schools with 21 teachers serving 1,251 students.

Financials

FY 2023

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income
Other revenue$13K
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits$467K
Fundraising$56K
Other expenses$151K
Total expenses$618K
Total assets$796K
Net assets$717K

People

2 listed

NameRoleCompensation

SEE ATTACHED BOARD MEMBERS LISTING

BOARD LIST A

Board

KERRY WOODWARD

EXECUTIVE DI

Staff

$193K

40 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear
$100K
GENERAL SUPPORT
2024
$43K
WORK IN PUBLIC SCHOOLS
2024
$30K
YOUTH FINANCIAL LITERACY PROGRAM
2024
$14K
GENERAL SUPPORT
2024
$12K
GENERAL SUPPORT AND VARIOUS PROJECTS
2024
$12K
GENERAL SUPPORT
2024
$10K
GENERAL OPERATING SUPPORT
2024
$8K
EDUCATION & LEADERSHIP DEVELOPMENT
2024
$135K
SUPPORT FINANCIAL EDUCATION IN DISTRICT
2023
$20K
GENERAL FUND
2023
$20K
CHARITABLE DONATION
2023
$16K
For grant recipient's exempt purposes
2023
$100K
MONETARY CONTRIBUTION
2022
$68K
FEE GRANT
2022
$50K
For grant recipient's exempt purposes
2022
$10K
GENERAL PROGRAM SUPPORT
2022
$100K
MONETARY CONTRIBUTION
2021

Funded by

$866K from 12 funders · 19 grants · 2021–2024

Future Standard Foundation

$326K · 5 grants · 2021–2024

Next Gen Personal Finance

$203K · 2 grants · 2022–2023

American Online Giving Foundation Inc

$122K · 2 grants · 2023–2024

Fidelity Investments Charitable Gift Fund

$65K · 2 grants · 2022–2023

The Philadelphia Foundation

$43K · 1 grant · 2024

Le Vine Family Foundation

$30K · 1 grant · 2024

The Daniel B And

$20K · 1 grant · 2023

Charities Aid Foundation America

$20K · 1 grant · 2023

Details

EIN854254020
NTEE codeB90
Subsection03
Ruling date2022-07
Formed2020
Employees2
Volunteers166
PHILADELPHIA FINANCIAL SCHOLARS — Mission, Financials & Grants Received | Grantivo