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Massachusetts · Nonprofit

SCHOLAR ATHLETES INC

SCHOLAR ATHLETES INC (Massachusetts) receives grants from 46 organizations whose IRS filings report $3,048,005 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($784,965). 21 of them have funded it in more than one year.

Revenue FY2022
$332k
Funders on record
46
Grants received
$3.0M
Net assets
$0
21/46 repeat fundersgrants exceed reported revenue in one year
01What it does

What Scholar Athletes Inc does

Mission

Scholar athletes, inc. (the "program") is a registered 501(c)(3) organization whose mission is to improve academic achievement through athletics. The organization fosters individual student-athlete growth through mentoring, tutoring, coaching, and conditioning through the support of athletic and wellness programs and academic support programs.

As stated on its FY2022 Form 990.

Program

On its FY2021 return the organization reported a significant change in how it conducts a program.

In february 2021, the organization's board of directors (bod) formally approved dissolution of the organization as required by and in accordance with the organization's articles of organization. The decision to dissolve the organization stems from the covid-19 pandemic impacting the organization's ability to execute its mission, primarily due to the pandemic having restricted in-person learning in the school systems in which the organization was present. As a result, the bod determined that the organization was no longer able to operate in an effective manner. Management of the organization, under the direction and supervision of the bod, has formulated a wind down plan to wrap up the affairs of the organization (the plan). The plan abides by the provisions for dissolution as provided for in the organization's articles of organization. Execution of the plan began during the year ended august 31, 2021, and continued during fiscal year ended august 31, 2022. The organization converted all available assets into cash, settling all outstanding obligations and expending any remaining net assets in accordance with the organization's purpose, much of which has occurred as of august 31, 2021. The president of the organization has committed to fund any net asset deficit that exists at the time of final dissolution of the organization. The plan provided for the organization to formally file with the massachusetts attorney general's office (ma ag) and seek approval for dissolution. In…

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. During the fiscal year ending august 31, 2022, the organization made a scholarship grant to an individual.

    $5,000 spentof which $5,000 as grants
    100% of program spending

The program described on its FY2021 Form 990. Program spending in total: $5,000.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($3.6M) Expenses 100 ($3.5M) Net assets 100 ($418k)2018 Revenue 104 ($3.8M) Expenses 112 ($3.9M) Net assets 67 ($281k)2019 Revenue 110 ($4.0M) Expenses 120 ($4.2M) Net assets 11 ($44k)2020 Revenue 102 ($3.7M) Expenses 99 ($3.5M) Net assets 69 ($288k)2021 Revenue 0 ($6k) Expenses 14 ($500k) Net assets -55 ($-229177)2022 Revenue 9 ($332k) Expenses 3 ($103k) Net assets 0 ($0)
201720182019202020212022
Revenue (9)Expenses (3)Net assets (0)

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 $527k to $10k (−98%).

$578k
$478k
$217k
$527k
$10k
$0
201720182019202020212022
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.

2017
2018
2019
2020
2021
2022
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

$106k
’17
−$157k
’18
−$237k
’19
$243k
’20
−$494k
’21
$229k
’22
0.2
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

John F Fish

Chair/director

As listed on its FY2022 Form 990.

201720182019202020212022
Listed14181817162
Joined·+5+3+2+3·
No longer listed·1334·
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 13 funders to 1 funder, grant income fell $469k → $33.

9 of 46 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 43% 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: $818k from 7 payers (the payer shares this organization's board, largest Boston Foundation Inc). These are real filings, and they are not money SCHOLAR ATHLETES INC raised.

From the IRS filings of SCHOLAR ATHLETES INC’s funders (the co-funder graph). Top 30 of 46 funders by total. 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

SCHOLAR ATHLETES INC has a broad base — no single funder exceeds 26% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

60% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SCHOLAR ATHLETES INC.

26%
largest funder
40%
top three
~11
effective funders

Largest funder’s share by year: 2017 44% · 2018 31% · 2019 23% · 2020 19% · 2021 37% · 2022 100% · 2023 100% — growing more concentrated.

“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

20% of SCHOLAR ATHLETES INC's funders are still giving 3 years after their first grant; 46% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

87% of SCHOLAR ATHLETES INC's grant income comes from Massachusetts funders.

NY
MA
OH
CT
NC
FL

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

’17
’18
’19
’20
Massachusetts out of state home

Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 7 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

Organizations like SCHOLAR ATHLETES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

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

Where the money goes

5% of spending goes to programs.

Program 5%Management 95%Fundraising 0%

Governance

2
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

90%

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

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 2 related entities

  • Suffolk Cares Charitable Foundation Inc · exempt
  • Suffolk Construction Company Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for SCHOLAR ATHLETES 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 SCHOLAR ATHLETES INC?
SCHOLAR ATHLETES INC (Massachusetts) receives grants from 46 organizations whose IRS filings report $3,048,005 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($784,965). 21 of them have funded it in more than one year.
How many funders does SCHOLAR ATHLETES INC have?
IRS filings report 46 organizations giving $3,048,005 in grants to SCHOLAR ATHLETES INC, 21 of which have funded it in more than one year.
Who is the largest funder of SCHOLAR ATHLETES INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $784,965 in grants. The full list of funders is on this page.
How can an organization like SCHOLAR ATHLETES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2017–2022), and the filings of 46 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