Pursue Scholars Nfp

Tax-deductible

Chicago, IL501(c)(3)EducationEIN 27-3494560Revenue $389K in FY2024

On file with the IRSpursuescholars.orgPo Box 12568, 60612-0568 · Chicago, ILTax-exempt since Jan 2011Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Pursue Scholars holistically invests in emerging urban leaders in pursuit of higher education. This is done through leadership training, mentoring, and college scholarships.

501(c)(3) charity; gifts are tax-deductible.
25¢ of each $1 spent went to programs.
Run by 25 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $8K a year · 2% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
25%
of spending
Concern: 25% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $134K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$293
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 8 voting members
Concern: none of 8 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$389K
+11% vs prior year
Spent
$383K
To programs
25%
Net assets
$72K
By yearFY2020–FY2024
Revenue
$389K
FY2024▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$389K
FY2021$434K
FY2022$349K
FY2024$389K
Expenses
$383K
FY2024▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$343K
FY2021$402K
FY2022$401K
FY2024$383K
Net assets
$72K
FY2024▼ -17%
Tap a bar for its year
Net assets by fiscal year
FY2020$142K
FY2021$138K
FY2022$86K
FY2024$72K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

25 cents of each dollar spent went to programs.

Program services 25% · $97K Management & general 42% · $160K Fundraising 33% · $126K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kevin Gwin’s $42K as Executive Director is at the 33rd percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Kevin Gwin$42,308$47,069

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.

See Pursue Scholars Nfp executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports urban students with leadership training, mentoring, and scholarships for college.

Questions for Pursue Scholars Nfp

Tap to ask. Pursue Scholars Nfp sees how many people are interested.

Your first name shows with your question. Pursue Scholars Nfp answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $97K · in their own filed words · FY2024
01

College scholarships, students received scholarships directly from pursue scholars through the daniel scholars program. Students are also awarded full TUITION/FULL need scholarships through a partnership with taylor university. Students also awarded financial aid through a partnership with the act six program.

$97Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$134K
See all 4 funders →
Grants paid · 1 grant · $54K · 2020–2020
Unitemized GrantFY2020$54,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$389K
Ln 12
Fees for servicesLn 2g$388K
Investment incomeLn 3$464
Money outPt IX
$383K
Ln 25
Programscol B$97K
Managementcol C$160K
Fundraisingcol D$126K
Owns and owesPt X
$72K
net assets · Ln 32
Cash and savingsLn 1–2$72K
Total assetsLn 16$72K
LiabilitiesLn 26$293
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$388K
Investment incomeLn 3$464
Total revenueLn 12$389K
Assets in detailPt X, end of year
CashLn 1$71K
SavingsLn 2$522
Cash and savings togetherLn 1–2$72K
Total assetsLn 16$72K
LiabilitiesLn 26$293
Net assetsLn 32$72K
OperationsPt I, VI
EmployeesI 58
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$69K$72K
Total assetsLn 16$69K$72K
LiabilitiesLn 26$3K$293
Net assetsLn 32$66K$72K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$222K$22K$111K$89K
Other fees for servicesLn 11g$113K$74K$2K$38K
Office expensesLn 13$45K$45K
OccupancyLn 16$921$921
InterestLn 20$1K$1K
Other expenses (24a–d)Ln 24$604$604$0
Total functional expensesLn 25$383K$97K$160K$126K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $389K$383K$5K$72K 990 PDF
FY2023 Not on file
FY2022 $349K$401K−$52K$86K 990 PDF
FY2021 $434K$402K$31K$138K 990 PDF
FY2020 $389K$343K$46K$142K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $388,570 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$388,106
I-10 Investment incomePrior year $0$464
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $0$388,570
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$221,898
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$161,317
I-18 Total expensesPrior year $0$383,215
I-19 Revenue less expensesPrior year $0$5,355
Part VI · Governance 0 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $388,570 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $388,106$388,106
VIII-3 Investment incomeExcluded from tax $464$464
VIII-12 Total revenueRelated to mission $388,106 · Unrelated business $0 · Excluded from tax $464$388,570
Part IX · Statement of functional expenses $383,215 across 6 lines filed
IX-7 Other salaries and wagesPrograms $22,190 · Management $110,949 · Fundraising $88,759$221,898
IX-11g Other fees for servicesPrograms $73,864 · Management $1,518 · Fundraising $37,618$113,000
IX-13 Office expensesManagement $45,418$45,418
IX-16 OccupancyManagement $921$921
IX-20 InterestManagement $1,374$1,374
IX-24 Other expenses (24a–d)Programs $604 · Management $0$604
IX-25 Total functional expensesPrograms $96,658 · Management $160,180 · Fundraising $126,377$383,215
Part X · Balance sheet $71,830 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $52,312$71,308
X-2 Savings and temporary cash investmentsStart of year $16,670$522
X-16 Total assetsStart of year $68,982$71,830
X-17 Accounts payable and accrued expensesStart of year $2,800$293
X-26 Total liabilitiesStart of year $2,800$293
X-27 Net assets without donor restrictionsStart of year $66,182$71,537
X-32 Total net assets or fund balancesStart of year $66,182$71,537
X-33 Total liabilities and net assetsStart of year $68,982$71,830
Part XI · Reconciliation of net assets $71,537 net assets at year end
XI-1 Total revenue$388,570
XI-2 Total expenses$383,215
XI-3 Revenue less expenses$5,355
XI-4 Net assets at start of year$66,182
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$71,537

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.