Aaa Scholarship Foundation
Aaa Scholarship Foundation reported $104.4 million in revenue and $115.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $98.54 went to program services, $0.23 to management and general costs and $1.23 to fundraising. Its largest source of revenue was contributions and grants: 96.0% of the total. The highest compensation it reported for one person was $94,100 (CHIEF EXEC O). Revenue rose 123% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $115MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $104MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 98.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 96.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $94,100 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.08% | 1.28% |
| People paid over $100,000 Part VII, line 2 | Not reported | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 7.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 3 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThanks to our amazing donors, we had the privilege of granting the following number of net scholarships to children who are displaced or are challenged with economic, developmental, and/or physical disadvantages to help them afford the educational environments that best fit their learning needs: georgia: 285 annual pre-k4 - 12th grade scholarships; arizona: 4,304 annual k - 12th grade scholarships; florida: 1,630 annual k - 12th grade scholarships; fes-ua: 1,386 annual k4 - 12th grade scholarships; and nevada: 766 annual k - 12th grade scholarships
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 3 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 520
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| KV AND ASSOCIATES LLC Fund raising | $1,373,271 |
| BUNNELL HILL PARTNERS LLC Software dev | $560,570 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Aaa Scholarship Foundation totaling $22 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Aaa Scholarship Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Aaa Scholarship Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Aaa Scholarship Foundation spent in FY2025, $98.54 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Milton AcademyMilton, MA · revenue $104M · programs 72.7% · FY2025
- Seton Hill UniversityGreensburg, PA · revenue $105M · programs 96.3% · FY2025
- Bay Path UniversityLongmeadow, MA · revenue $104M · programs 77.2% · FY2025
- Roessler-Chadwick FoundationPalos Verdes Peninsula, CA · revenue $105M · programs 85.7% · FY2025
- Iu Medical Group FoundationIndianapolis, IN · revenue $104M · programs 99.3% · FY2025
Questions people ask
How much of Aaa Scholarship Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Aaa Scholarship Foundation reported that 98.5% of its $115.2 million in expenses went to program services, 0.2% to management and general and 1.2% to fundraising (Form 990, Part IX).
How much does Aaa Scholarship Foundation pay its top executive?
The largest total compensation Aaa Scholarship Foundation reported for one person in the fiscal year ending June 30, 2025 was $94,100, for the role of CHIEF EXEC O (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Aaa Scholarship Foundation get its money?
Of $104.4 million in revenue in the fiscal year ending June 30, 2025, 96.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Aaa Scholarship Foundation a registered charity?
The IRS lists EIN 27-2559468 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202513289349300146 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433259349301403 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323319349300422 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202223329349300332 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202143339349300654 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202003299349300010 · read the filing
All filings for EIN 27-2559468: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.