NonprofitsTop Notch Scholars Inc

Education

Top Notch Scholars Inc

LAWRENCE, MA

Total revenue

$444K

Total expenses

$556K

Net assets

$334K

Grants received

$949K

49 grants

EIN

464527723

Tax year

2024

Mission

Top notch scholars is a youth leadership organization dedicated to helping inner-city youth discover their life passions and career goals by building confidence, motivation, character, and success. Through mentorship, training, and real-world experiences in our academies and internships, top notch equips young people with the tools to overcome barriers, grow as leaders, and become impactful change-makers in their communities.

Programs

3 programs

College and career academy: this academy helps students explore all post- secondary pathwayscollege, trades, military, entrepreneurship, and more while gaining practical life skills and financial guidance to avoid the debt trap. Through college tours, career panels, and alumni mentorship, students build confidence, discover opportunities, and learn how to stand out as leaders in their future careers.

Expenses: $98K

Grants, scholarships and awards. The organization makes grants, scholarships and awards to individuals and organizations for projects that are within the scope of the organization mission.

Expenses: $90KGrants: $9K

Other program costs.

Expenses: $106K

Financials

FY 2024

Revenue

Contributions & grants$430K
Program service revenue$8K
Investment income$4K
Other revenue$2K
Total revenue$444K

Expenses

Grants paid$9K
Salaries & benefits$373K
Fundraising$13K
Other expenses$174K
Total expenses$556K
Total assets$432K
Net assets$334K

People

7 listed

NameRoleCompensation

JOANNA DE PEA

CEO

Board

$97K

50 hrs/wk

JENNY ALVAREZ

TREASURER

Board

$80K

50 hrs/wk

RONALD HILL

PRESIDENT

Board

10 hrs/wk

JOE ZINGALES

DIRECTOR

Board

2 hrs/wk

ALEX MERCEDES

DIRECTOR

Board

2 hrs/wk

ALISON DOLAN

DIRECTOR

Board

2 hrs/wk

HOOKS JOHNSTON

DIRECTOR

Board

2 hrs/wk

Grants received

Showing 49 of 49

FromAmountPurposeYear
$23K
UNRESTRICTED
2024
$20K
UNRESTRICTED GENERAL
2024
$15K
On-going operational support
2024
$13K
GENERAL OPERATING SUPPORT
2024
$13K
LEARNING AND LEADERSHIP ACADEMY
2024
$5K
CHARITABLE
2024
$4K
PROGRAMMING SUPPORT
2024
$500
Entrepreneurship Expo
2024
$36K
For grant recipient's exempt purposes
2023
$20K
INNOVATOR GRANT
2023
$20K
LEADERSHIP TRAINING
2023
$15K
FOR TOP NOTCH SCHOLARS LEADERSHIP AND LEARNING ACADEMIES
2023
$13K
GENERAL OPERATING SUPPORT
2023
$10K
MORE AARON'S PRESENTS YOUTH IN LAWRENCE
2023
$5K
FOR EDUCATIONAL PROGRAMS.
2023
$40K
Leadership Development Headquarter: Operations, Programming and Expansion
2022
$35K
For grant recipient's exempt purposes
2022
$15K
CAPACITY BUILDING AND ACADEMY EXPANSION
2022
$10K
On-going Operational Support
2022
$10K
GENERAL OPERATING SUPPORT
2022
$10K
Leadership Development Headquarter: Operations, Programming and Expansion
2022
$10K
EDUCATION PROGRAM
2022
$4K
GENERAL OPERATING SUPPORT
2022
$3K
FOR EDUCATIONAL PROGRAMS.
2022
$37K
For grant recipient's exempt purposes
2021
$37K
For grant recipient's exempt purposes
2021
$15K
LEADERSHIP, MOTIVATION AND WELLNESS PROGRAM
2021
$10K
ONGOING OPERATIONAL SUPPORT
2021
$5K
EDUCATION PROGRAM
2021
$25K
For grant recipient's exempt purposes
2020
$20K
ONGOING OPERATIONAL SUPPORT
2020
$5K
EDUCATION PROGRAM
2020
$4K
GENERAL PURPOSE
2020
$3K
OPERATING SUPPORT
2020
$25K
For grant recipient's exempt purposes
2019
$5K
Ongoing operational support
2019
$5K
EDUCATION PROGRAM
2019
$5K
ONGOING OPERATIONAL
2018

Funded by

$949K from 20 funders · 49 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$195K · 6 grants · 2019–2023

Willard C Tilson Foundation

$65K · 6 grants · 2018–2024

Essex County Community Foundation Inc

$51K · 2 grants · 2023–2024

Amelia Peabody Foundation

$50K · 2 grants · 2022

The Nordson Corporation Foundation

$45K · 5 grants · 2019–2023

Social Innovation Forum Inc

$43K · 2 grants · 2023–2024

Details

EIN464527723
NTEE codeB82
Subsection03
Ruling date2015-03
Formed2014
Employees14
Volunteers34
TOP NOTCH SCHOLARS INC — Mission, Financials & Grants Received | Grantivo