SCHOLARSHIPS FOR SCHOLARS INC

EIN: 521349884 501(c)(3) Education

ANNAPOLIS, MD

Total Revenue
$122,849
Total Expenses
$315,628
Total Assets
$3,246,709
Net Assets
$3,177,424
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MD
Principal Officer
Alicia Morse
Phone
4105442341
Tax Period
2025-01-01 to 2025-12-31

SCHOLARSHIPS FOR SCHOLARS INC, founded in 1984, is a small nonprofit in the Education sector that reported $123K in total revenue in fiscal year 2025. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $316K exceeded revenue, resulting in a 157% operating deficit.

Mission

A NONPROFIT CORPORATION ESTABLISHED TO REWARD SCHOLASTIC EXCELLENCE IN ANNE ARUNDEL COUNTY BY GRANTING SCHOLARSHIPS TO QUALIFIED GRADUATING HIGH SCHOOL STUDENTS.

Program Service Accomplishments

Program 1
Expenses: $264,009 Revenue: $0

$196,000 WAS AWARDED IN COLLEGE SCHOLARSHIPS TO 34 HIGH SCHOOL STUDENTS IN ANNE ARUNDEL COUNTY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $66,972
Program Service Revenue $0
Investment Income $55,877
Other Revenue $0
TOTAL REVENUE $122,849

Expense Breakdown

Grants Paid $196,000
Salaries & Benefits $77,853
Fundraising Expenses $0
Program Expenses $264,009
Other Expenses $41,775
TOTAL EXPENSES $315,628

Year-over-Year Comparison

2025 2024 Change
Revenue $122,849 $290,755 -0.6%
Expenses $315,628 $285,704 +0.1%
Net Income $-192,779 $5,051 -39.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
1
Volunteers
17

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
5
$72,100
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Alicia Morse Chairperson 3.00
Officer Director
$0 $0 $0
Suzanne Owens Vice Chairperson 1.00
Officer Director
$0 $0 $0
Christopher Nelson Treasurer 1.00
Officer Director
$0 $0 $0
Julia Erickson Secretary 1.00
Officer Director
$0 $0 $0
Laura Nelson Immediate Past Chairperson 0.50
Director
$0 $0 $0
Dan Atkinson Trustee 0.50
Director
$0 $0 $0
DeNeatra Barkley Trustee 0.50
Director
$0 $0 $0
Lynda Behnke Trustee 0.50
Director
$0 $0 $0
Lisa Bishop Trustee 0.50
Director
$0 $0 $0
Dr Perinaaz Gandhi Trustee 0.50
Director
$0 $0 $0
Ann Glenn Trustee 0.50
Director
$0 $0 $0
Philip Greenfield Trustee 0.00
Director
$0 $0 $0
Steven Hays Trustee 0.50
Director
$0 $0 $0
Brenda Johnson Trustee 0.50
Director
$0 $0 $0
Gregory Jones Trustee 0.50
Director
$0 $0 $0
Sue Snyder Trustee 0.50
Director
$0 $0 $0
Carolyn Sonnen Trustee 0.50
Director
$0 $0 $0
Pamela Vandiver Executive Director 30.00
Officer
$72,100 $0 $72,100
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 $122,849 $315,628 $3,246,709 $-192,779
2024 $290,755 $285,704 $3,155,567 $5,051
2023 $140,096 $262,226 $2,924,975 $-122,130
2022 $120,266 $299,057 $2,715,259 $-178,791
2021 $847,539 $263,612 $3,406,199 $583,927
2020 $1,461,540 $230,330 $3,081,936 $1,231,210
2019 $745,011 $210,648 $1,630,113 $534,363
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