WARRIOR-SCHOLAR PROJECT FOUNDATION

EIN: 452745669 501(c)(3) Education

ALEXANDRIA, VA

Total Revenue
$4,435,921
Total Expenses
$4,692,221
Total Assets
$15,906,682
Net Assets
$15,833,988
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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
DE
Principal Officer
MICHAEL FOTOS
Phone
2029773896
Tax Period
2025-01-01 to 2025-12-31

WARRIOR-SCHOLAR PROJECT FOUNDATION, founded in 2011, is a community nonprofit in the Education sector that reported $4.4M in total revenue in fiscal year 2025. Net assets of $15.8M represent 43 months of operating reserves.

Mission

TO PROPEL ENLISTED VETERANS AND SERVICE MEMBERS TOWARDS SUCCESS IN HIGHER EDUCATION AND BEYOND THROUGH TRANSFORMATIVE PROGRAMMING THAT ADVANCES SKILLS, BUILDS CONFIDENCE, AND FORGES LASTING CONNECTIONS.

Program Service Accomplishments

Program 1
Expenses: $3,504,208

IN 2025, WARRIOR-SCHOLAR PROJECT COLLABORATED WITH 23 HIGHER EDUCATION PARTNERS TO PROVIDE COLLEGE PREPARATORY IN-PERSON AND VIRTUAL ACADEMIC BOOT CAMPS AND ONE-DAY COMMUNITY COLLEGE WORKSHOPS TO...

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IN 2025, WARRIOR-SCHOLAR PROJECT COLLABORATED WITH 23 HIGHER EDUCATION PARTNERS TO PROVIDE COLLEGE PREPARATORY IN-PERSON AND VIRTUAL ACADEMIC BOOT CAMPS AND ONE-DAY COMMUNITY COLLEGE WORKSHOPS TO TRANSITIONING SERVICE MEMBERS AND VETERANS. BOOT CAMP PROGRAMMING SERVED 300 VETERANS, 83 VETERANS WERE SERVED THROUGH COLLEGE SUCCESS WORKSHOPS, AND 29 VETERANS IN THE ON-DEMAND CURRICULUM THAT WAS PILOTED AT THE END OF 2025. WARRIOR- SCHOLAR PROJECT OPERATED 31 WEEKS OF ACADEMIC BOOT CAMP PROGRAMMING, 28 WEEKS IN THE SUMMER, AND 3 WEEKS OF VIRTUAL PROGRAMMING, AS WELL AS 7 SINGLE-DAY COLLEGE SUCCESS WORKSHOPS IN PARTNERSHIP WITH COMMUNITY COLLEGES. WARRIOR-SCHOLAR PROJECT'S MISSION IS TO ENSURE THAT EVERY DEGREE-SEEKING ENLISTED VETERAN SUCCEEDS IN THEIR PURSUIT OF HIGHER EDUCATION. SINCE ITS FOUNDING IN 2011, MORE THAN 2,800 STUDENT VETERANS HAVE PARTICIPATED IN A WSP ACADEMIC BOOT CAMP, ITS FLAGSHIP PROGRAM, AND OVER 80% OF PROGRAM ALUMNI HAVE EARNED OR ARE ON TRACK TO EARN A COLLEGE DEGREE. THE IMMERSIVE COLLEGE PREPARATORY EXPERIENCE, HOSTED IN PARTNERSHIP WITH LEADING UNIVERSITIES NATIONWIDE, HELPS VETERANS PREPARE FOR THE CULTURAL TRANSITION FROM THE MILITARY TO ACADEMIA. MORE THAN BOOT CAMPS, WSP ALSO OFFERS PROGRAMS TO ADDRESS THE UNIQUE NEEDS OF STUDENT VETERANS, INCLUDING INTEGRATED PROGRAMMING FOR UNDERREPRESENTED VETERANS, GRADUATE SCHOOL, AND CAREER FIELD EXPLORATION. RECOGNIZING THE VALUE WSP BRINGS TO VETERANS, THE DEPT. OF VETERANS AFFAIRS COLLABORATES WITH WSP TO HELP STUDENT VETERANS ACCESS INFORMATION ABOUT WSP'S FREE PROGRAMMING.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $3,953,288
Program Service Revenue $0
Investment Income $480,336
Other Revenue $2,297
TOTAL REVENUE $4,435,921

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,121,660
Fundraising Expenses $446,863
Program Expenses $3,504,208
Other Expenses $1,570,561
TOTAL EXPENSES $4,692,221

Year-over-Year Comparison

2025 2024 Change
Revenue $4,435,921 $4,660,482 0.0%
Expenses $4,692,221 $4,608,852 +0.0%
Net Income $-256,300 $51,630 -6.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
62
Volunteers
148

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$219,842
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN PAVEL CEO 40.00
Officer
$185,700 $34,142 $219,842
MICHAEL FOTOS CHAIRMAN 12.00
Officer Director
$0 $0 $0
NICK RUGOFF VICE CHAIRMA 2.00
Officer Director
$0 $0 $0
JOHN PEREZ SECRETARY 5.00
Director
$0 $0 $0
JULIA DAILEY TREASURER 10.00
Director
$0 $0 $0
MONA DEXTER DIRECTOR 2.00
Director
$0 $0 $0
MARCUS FELDER DIRECTOR 3.00
Director
$0 $0 $0
MARLA GEHA DIRECTOR 3.00
Director
$0 $0 $0
CATHERINE HILL DIRECTOR 2.00
Director
$0 $0 $0
CHRIS MILLER DIRECTOR 2.00
Director
$0 $0 $0
DAVID PATTERSON DIRECTOR 3.00
Director
$0 $0 $0
JESSICA NELSON DIRECTOR 2.00
Director
$0 $0 $0
MATT FLAVIN DIRECTOR 5.00
Director
$0 $0 $0
DAN BEDARD DIRECTOR 2.00
Director
$0 $0 $0
TIFFANY ARMSTRONG CHIEF DEVELO 40.00
Highest
$146,459 $26,130 $172,589
SABRINA PERALES CHIEF OPERAT 40.00
Highest
$143,750 $5,813 $149,563
LENAYA HEZEL CHIEF PROGRA 40.00
Highest
$140,035 $10,869 $150,904
YARED NEGASH DIR OF FINAN 40.00
Highest
$113,508 $14,529 $128,037
JEREMY BRADFORD DIR OF OPERA 40.00
Highest
$123,043 $4,982 $128,025
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,435,921 $4,692,221 $15,906,682 $-256,300
2024 No data No data No data No data
2023 $6,847,107 $4,668,426 $14,010,709 $2,178,681
2022 $6,741,323 $4,341,239 $11,174,983 $2,400,084
2021 $5,151,688 $2,657,893 $8,817,913 $2,493,795
2020 $3,448,104 $1,983,060 $6,455,356 $1,465,044
2019 $2,417,609 $2,536,919 $4,683,304 $-119,310
2018 $3,330,699 $1,668,405 $4,604,977 $1,662,294
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