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Ohio · Nonprofit

SAY YES CLEVELAND SCHOLARSHIP INC

SAY YES CLEVELAND SCHOLARSHIP INC (Ohio) receives grants from 11 organizations whose IRS filings report $6,031,584 to it, the largest being GUND GEOFFREY FDN ($2,550,000). 6 of them have funded it in more than one year.

Revenue FY2025
$706k
Funders on record
11
Grants received
$6.0M
Net assets
$126M
6/11 repeat funderspeak grant-dependency 37%
01What it does

What Say Yes Cleveland Scholarship Inc does

Mission

The mission of say yes cleveland is to partner with the cleveland metropolitan school district (cmsd) to improve cleveland's economy, neighborhoods, and workforce over the coming generations by bringing together, mobilizing, and targeting community resources to address two barriers:- say yes cleveland addresses post-secondary affordability by a tuition scholarship available to every eligible cmsd high school graduate to attend a public four-year or two-year institution or accredited training program.- to help students overcome the significant challenges associated with multi-generational poverty - challenges that leave no room for setbacks and often hinder post-secondary pursuit or performance. Say yes cleveland provides support services to students from pre-k through high school graduation.

As stated on its FY2025 Form 990.

Program

  1. Scholarship program: provision of post-secondary tuition scholarships to eligible students graduating from the cleveland metropolitan school district and its partnering charter high schools.

    $5,875,712 spentof which $4,940,064 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $5,875,712.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($77M) Expenses 100 ($2.2M) Net assets 100 ($78M)2021 Revenue 7 ($5.6M) Expenses 122 ($2.7M) Net assets 128 ($100M)2022 Revenue 6 ($4.8M) Expenses 158 ($3.6M) Net assets 115 ($90M)2023 Revenue 3 ($2.1M) Expenses 197 ($4.4M) Net assets 128 ($99M)2024 Revenue 15 ($12M) Expenses 234 ($5.2M) Net assets 153 ($119M)2025 Revenue 1 ($706k) Expenses 272 ($6.1M) Net assets 162 ($126M)
202020212022202320242025
Revenue (1)Expenses (272)Net assets (162)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $78M to $100M (+28%).

$78M
$100M
$90M
$99M
$119M
$126M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of SAY YES CLEVELAND SCHOLARSHIP INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$75M
’20
$2.9M
’21
$1.2M
’22
−$2.3M
’23
$6.4M
’24
−$5.4M
’25
0.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Ann Mullin

Board chair

As listed on its FY2025 Form 990.

202020212022202320242025
Listed151414121213
Joined·+3+2+1+3+2
No longer listed·42331
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 3 funders, grant income rose $475k → $700k.

3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $67M from 3 payers (the payer shares this organization's board, largest The Cleveland Foundation). These are real filings, and they are not money SAY YES CLEVELAND SCHOLARSHIP INC raised.

From the IRS filings of SAY YES CLEVELAND SCHOLARSHIP INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SAY YES CLEVELAND SCHOLARSHIP INC leans on a few funders — its largest provides 42% of grant income and the top three 83%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

42%
largest funder
83%
top three
~3
effective funders

Largest funder’s share by year: 2019 84% · 2020 60% · 2021 60% · 2022 51% · 2023 57% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of SAY YES CLEVELAND SCHOLARSHIP INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of SAY YES CLEVELAND SCHOLARSHIP INC's grant income comes from Ohio funders.

OH

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Ohio out of state home

Funder states come from each funder’s own filing. $678k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SAY YES CLEVELAND SCHOLARSHIP INC's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−763% · bottom quartile
Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)−61% · bottom quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

81%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OH

Screen this organization

A dated, signed PDF of the compliance screen for SAY YES CLEVELAND SCHOLARSHIP INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SAY YES CLEVELAND SCHOLARSHIP INC?
SAY YES CLEVELAND SCHOLARSHIP INC (Ohio) receives grants from 11 organizations whose IRS filings report $6,031,584 to it, the largest being GUND GEOFFREY FDN ($2,550,000). 6 of them have funded it in more than one year.
How many funders does SAY YES CLEVELAND SCHOLARSHIP INC have?
IRS filings report 11 organizations giving $6,031,584 in grants to SAY YES CLEVELAND SCHOLARSHIP INC, 6 of which have funded it in more than one year.
Who is the largest funder of SAY YES CLEVELAND SCHOLARSHIP INC?
GUND GEOFFREY FDN is the largest funder on record, with $2,550,000 in grants. The full list of funders is on this page.
How can an organization like SAY YES CLEVELAND SCHOLARSHIP INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Say Yes Cleveland Scholarship →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing