Arkansas Single Parent Scholarship Fund
Arkansas Single Parent Scholarship Fund
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About this organization
Mission
Arkansas Single Parent Scholarship Fund provides a culture of support, equipping single parents to navigate their futures with confidence.
About
Arkansas Single Parent Scholarship Fund is unique – the only organization of its kind in Arkansas. We impact the lives of impoverished families by assisting single parents who are enrolled in college or technical programs and seeking better-paying careers. We provide both financial assistance and personal support, not only helping parents improve their education level and earning potential but also the standard of living for their family. We exist to create stronger, more educated, and more self-sufficient families. Through collaboration with like-minded partners across the state and nation, we envision: - a sustained wave of opportunities for single parents - a systemic support system that meets students' needs in navigating the path from academic success to meaningful work - graduates who are consistently employed at professional wages that support a higher standard of living for their families - old stigmas are replaced by a new view of single parents as valuable, contributing members of a competitive workforce and thriving community
Interesting data from their 2019 990 filing
From their filing, the objective of the non-profit is stated as “Aspsf provides financial assistance and personal support to low income single parents who are currently enrolled in a post-secondary course of study leading to employment with family supporting wages.”.
When talking about its functions, they were outlined as: “It is the mission of arkansas single parent scholarship fund to enable single parents to obtain self-sufficiency through post secondary education.”.
- The legally reported state of operation for the non-profit is AR.
- According to the filing, the non-profit's address in 2019 is 614 EAST EMMA AVENUE SUITE 119, SPRINGDALE, AR, 72764.
- The non-profit organization as of 2019 has a total of 18 employees reported on their form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$1,278,251.
- The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 14 independent voting members.
- The organization was formed in 1990.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $920,958 in salary, compensation, and benefits to its employees.
- The organization pays $281,012 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.