The Oliver Scholars Program INC EIN 13-3248876 Form 990 (PDF) Claim this org

The Oliver Scholars Program INC

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Prepares high-achieving Black and Latino students for success through crucial support. For fiscal year 2024 it reported $2.9M in revenue, $5.2M in expenses, and $19.7M in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
New York, NY
Website
www.oliverscholars.org
Filings
5 on file (2020–2024)
Revenue
$2.9MFY2024
Expenses
$5.2M
Net assets
$19.7M
People
25
Filings
5
Updates
0
More identity details & actions ⌄
EIN  13-3248876 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
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Figures match the IRS filing checked 8/31/26 · see original: IRS
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Size
$1–10M
What they do
Prepares high-achieving Black and Latino students for success through crucial support.
Leadership
Dr Danielle R Moss-Cox · CEO · $307K
Money in and out
$2.9M revenue, $5.2M expenses
Bottom line
76% program efficiency
Where the money goes · FY2024
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$5.2M
Pt IX · Ln 25
Net assets
$19.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2.3M
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.14 Fundraising $0.10
Program efficiency
76%
of spending reaches programs-0.2% vs prior filing year
Operating runway
47.2mo
months of highly liquid reserves at operating expense rate▼ -11% vs prior filing year
Surplus margin
-80%
revenue over expenses, this year▲ +15% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.9M
FY2024▲ +16%
Expenses
$5.2M
FY2024▲ +8%
Total assets
$25.1M
FY2024▼ -7%
Total liabilities
$5.4M
FY2024-0.5%
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$5.2M
Pt IX · Ln 25
Net assets
$19.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2.3M
Total assetsPt X · Ln 16$25.1M
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 321
Independent voting membersPt I · Ln 421

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Oliver Scholars Program INC
EINHdr · item D13-3248876
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.oliverscholars.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a21
Independent voting membersPt VI · Ln 1b21
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$306,695Pt VII · Sec A
Program & Equity Officer
$158,640Pt VII · Sec A
And Academic Officer
$152,016Pt VII · Sec A
Chief Operations Officer
$118,801Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Dr Danielle R Moss-Cox$306,695$294,959$280,757
Dr Danielle R Moss$236,412$232,052
Gabrielle Gilliam$159,911$158,901$155,195$145,350
Dr Deidre Franklin Chief$158,640$151,067$149,990
Mark Hall - Chief Enrollment$152,016$144,938$144,398
Deidre Franklin$134,913$130,345
Mark Hall - Vice President$121,074$123,525
Sharon Sturrup$118,801$113,868$113,768$111,536$110,926

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $3.6M of program spending, described in the organization's own filed words · FY2024.
01

Scholar Immersion Program

The scholar immersion program, also known as sip, is a 14-MONTH academic and social enrichment program intended to give students the academic, study, and social skills they will need to be successful at rigorous high schools. Students attend the program for two 6-WEEK summer sessions and a year of saturday classes.

$1.3Mprogram expense
02

Scholar Services

Once our scholars matriculate at competitive high schools, they continue to receive support from the oliver scholars scholar services team. Every scholar attending an independent boarding school receives 1-2 on-campus visits from a member of our team.

$1.3Mprogram expense
03

Admissions & Placement

Our admissions and placement program is focused on developing trusting relationships with middle schools and community-based organizations across the five boroughs of new york city to identify high-achieving black and latinx 7TH graders for participation in the oliver scholars program.

$993Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.7M · 58%
Investment income$1.5M · 52%
Contributions & grants58%$1.7M
Investment income52%$1.5M
— government grantsLn 1e$152K
Total revenueLn 12$2.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.14 Fundraising $0.10
Program services76%$3.9M
Management & general14%$731K
Fundraising10%$530K
Total functional expensesLn 25$5.2M

Balance Sheet

Part X · end of year
CashLn 1$370K
Total assetsLn 16$25.1M
Total liabilitiesLn 26$5.4M
Total net assetsLn 32$19.7M
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $20.0M · Operating expenses (Pt IX) $5.2M · Less non-cash grants $129K · Cash operating expenses/yr $5.1M
47.2 months
Where the money goes
Program services
Program services $3.9M · Total expenses $5.2M
76%
Management & General
Management & general $731K · Total expenses $5.2M
14%
Fundraising
Fundraising $530K · Total expenses $5.2M
10%
Cost to raise $1
Fundraising expense (3-yr avg) $540K · Solicited contributions (3-yr avg) $1.5M
$0.35 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.7M · Total revenue $2.9M
58%
Government reliance
Government grants $152K · Total revenue $2.9M
5%
Earned-income share
Program service revenue $0 · Total revenue $2.9M
0%
Investment reliance
Investment income $1.5M · Total revenue $2.9M
+52%
Program self-sufficiency
Program service revenue $0 · Total expenses $5.2M
0%
Growth & trend
Revenue growth (YoY)
This year $2.9M · Prior year $2.5M
+16%
Revenue CAGR
FY2020 $1.6M · FY2024 $2.9M
+16%
Net-asset trend (YoY)
End of year $19.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.9M · Expenses $5.2M
-80%
Liabilities-to-Assets
Total liabilities — · Total assets $25.1M
Net-asset ratio
Net assets $19.7M · Total assets $25.1M
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $19.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $25.1M
78%
People & payroll
Highest Reported Total Compensation
Individual Dr Danielle R Moss-Cox · Reported title CEO · Highest reported compensation $307K · Total expenses $5.2M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $3.1M · Total expenses $5.2M
60%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 14%
Fundraising cost ratio 32%
Revenue growth 16%
Investment management fee ratio 0.4%
Legal fee ratio 0.2%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 15 funders →
Grants paid · 8 grants · $106K · 2020–2023
Unitemized GrantFY2023$6,750
Unitemized GrantFY2022$27,000
Unitemized GrantFY2022$2,750
Unitemized GrantFY2022$1,000
Unitemized GrantFY2021$11,100
Unitemized GrantFY2021$2,925
Unitemized GrantFY2020$52,400
Unitemized GrantFY2020$2,475

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.9M revenue · viewing · ⤓ 990 PDF
FY2023$2.5M revenue · ⤓ 990 PDF
FY2022$1.8M revenue · ⤓ 990 PDF
FY2021$2.7M revenue · ⤓ 990 PDF
FY2020$1.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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