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Indiana · Nonprofit

YOUNG SCHOLARS ACADEMY CORP

YOUNG SCHOLARS ACADEMY CORP (Indiana) receives grants from 4 organizations whose IRS filings report $52,630 to it, the largest being DOERMER FAMILY FOUNDATION INC ($50,000). 2 of them have funded it in more than one year.

Revenue FY2023
$66k
Funders on record
4
Grants received
$53k
Net assets
$0
2/4 repeat funderspeak grant-dependency 39%
01What it does

What Young Scholars Academy Corp does

Mission

To provide an intensive academic-enrichment program for students in northeast Indiana with a strong desire to learn and a goal to get a college degree.

As stated on its FY2023 Form 990-EZ.

Program

  1. YSA served 114 students during the 2022-23 school year from 35 partner middle and high schools. A two-week summer camp will be held that includes a three-night stay in campus dorms. Its focus is writing, STEAM, computer science and leadership courses. College counseling classes for high school juniors and seniors were also held. Student/parent meetings were held the second Saturday of the month. Writing classes. Will graduate five students at the Senior Recognition event who are all attending college in the Fall. The programming will continue under the Boys and Girls Clubs of Fort Wayne.

    $30,219 spent
    100% of program spending

The program described on its FY2022 Form 990-EZ. Program spending in total: $30,219.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended.

100 = 20222022 Revenue 100 ($144k) Expenses 100 ($45k) Net assets 100 ($126k)2023 Revenue 46 ($66k) Expenses 146 ($66k) Net assets 0 ($0)
20222023
Revenue (46)Expenses (146)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 2022 to 2023, from $157k to $0 (−100%).

$157k
$0
20222023
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.

2022
2023
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.

$98k
’22
$0
’23

Leadership and staff

Board chair

Richard D Waterfield

Chairman

As listed on its FY2022 Form 990-EZ.

03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $100 → $26k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of YOUNG SCHOLARS ACADEMY CORP’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

YOUNG SCHOLARS ACADEMY CORP leans on a few funders — its largest provides 95% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

95%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 96% · 2023 96% — 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.

Where its funders are

97% of YOUNG SCHOLARS ACADEMY CORP's grant income comes from Indiana funders.

IN
PA

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

’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $30 arriving through sponsors registered in 1 state 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 YOUNG SCHOLARS ACADEMY CORP

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 Indiana

Nationally

05Profile & governance

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

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for YOUNG SCHOLARS ACADEMY CORP: 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 YOUNG SCHOLARS ACADEMY CORP?
YOUNG SCHOLARS ACADEMY CORP (Indiana) receives grants from 4 organizations whose IRS filings report $52,630 to it, the largest being DOERMER FAMILY FOUNDATION INC ($50,000). 2 of them have funded it in more than one year.
How many funders does YOUNG SCHOLARS ACADEMY CORP have?
IRS filings report 4 organizations giving $52,630 in grants to YOUNG SCHOLARS ACADEMY CORP, 2 of which have funded it in more than one year.
Who is the largest funder of YOUNG SCHOLARS ACADEMY CORP?
DOERMER FAMILY FOUNDATION INC is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like YOUNG SCHOLARS ACADEMY CORP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 Young Scholars Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2022–2023), and the filings of 4 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