EIN 46-3127898

ScholarCHIPS

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2014
Most recent tax filings
2023-06-01
Description
ScholarCHIPS provides college scholarships, mentors and a peer support network to children of incarcerated parents, inspiring them to complete their education. Scholarchips awardees receive renewable scholarships and book awards, and participate in additional programs including mentoring, cultural enrichment, and college life skills workshops.
Total revenues
$261,153
2023
Total expenses
$375,206
2023
Total assets
$405,793
2023
Num. employees
1
2023

Program areas at ScholarCHIPS

Scholarchips awardees receive college funding (I.E. Renewable Scholarships and Book Awards), and all of the scholars have the opportunity to benefit from our additional programs, including mentoring, cultural enrichment, college life skills workshops and a peer support network. Since the programs inception in 2012, the organization has supported seventy-seven scholars, and thirty-two scholars have graduated from their respective undergraduate studies programs.Scholarchips also maintained its in-house one-on-one mentorship program, where scholars are matched with vetted volunteer mentors from within the community. Scholars and mentors have reported that they are enjoying their relationship and that it is mutually beneficial. ScholarCHIPS does have a new Mental Health and Wellness Program. ScholarCHIPS Mental Health and Wellness Program is designed to provide educational and mental/emotional programming and supports for scholars to aid in healthy development and to ensure that they can complete their college education. Programming includes mental health and wellness workshops and webinars on sub-topics such as building positive self-esteem and body image, dealing with depression and anxiety, etc. Through this program, ScholarCHIPS offers referral lists for therapy services upon scholars requests and offers financial assistance to scholars who are seeking therapy from a licensed therapist, who have financial need.

Who funds ScholarCHIPS

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Universal Music All Together Now FoundationGeneral Operating Support$20,000
American Online Giving FoundationGeneral Support$14,006
The Blackbaud Giving FundGeneral Support$8,000
...and 2 more grants received

Personnel at ScholarCHIPS

NameTitleCompensation
Yasmine ArringtonFounder and Executive$92,503
Miyesha PerryVice Chair$0
Chris MagnusonBoard Chair / Board Member$0
Scott RechlerTreasurer$0
Raynna NkwanyuoSecretary / Board Member$0
...and 1 more key personnel

Financials for ScholarCHIPS

RevenuesFYE 06/2023
Total grants, contributions, etc.$261,153
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$261,153

Form 990s for ScholarCHIPS

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-10990View PDF
2022-062023-05-12990View PDF
2021-062022-05-16990View PDF
2020-062021-04-13990View PDF
2019-062019-12-06990EZView PDF
...and 4 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $8,000 from The Blackbaud Giving Fund
August 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 24, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $14,006 from American Online Giving Foundation
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Partially liquidatedProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
22 Galatin St Ne Ste B
Washington, DC 20011
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
scholarchipsfund.org/ 
Phone
(202) 813-5756
IRS details
EIN
46-3127898
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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