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Say Yes Buffalo Scholarship

Buffalo, NY · EIN 46-2867677 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Say Yes Buffalo Scholarship reported $18.1 million in revenue and $19.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.46 went to program services, $11.54 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.9% of the total. Government grants made up 57.1%. The highest compensation it reported for one person was $390,346 (CHIEF EXECUTIVE OFFICER). 12 people received more than $100,000 in reportable compensation. Revenue rose 73% 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 $19M

For 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 $18M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
11.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
99.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
57.1%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$390,346$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.04%1.28%
People paid over $100,000
Part VII, line 2
128
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
34.813.3
Independent voting board members
Part VI 1a–1b
21 of 21100.0%

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 expense
$3.2M expenses · 18.8% of program spending · grants $3.7M · revenue $3.4M

Say Yes Buffalo Scholarship, inc. Raises funds to support college tuition and related educational expenditures through the provision of scholarships and opportunity grants. Funds raised are transferred to a scholarship fund at a community foundation for administration of the scholarship programs. The scholarship fund provides scholarships for all graduates of buffalo and niagara falls public and charter schools to pursue a post-secondary education. This scholarship program serves to articulate the possibility and expectation of post-secondary completion for all students and gives hope to…

$14M expenses · 81.2% of program spending · revenue $15M

Say Yes Buffalo Scholarship, inc. Has entered into contracts and grants to provide school based wrap around support services in the buffalo and niagara falls public schools

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$343,467$0$46,879$390,346
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$168,600$0$47,718$216,318
CHIEF IMPACT OFFICER
Officer, 40.00 hrs/week
$156,429$0$16,430$172,859
SENIOR DIRECTOR OF COMMUNITY SCHOOLS
Highest compensated employee, 40.00 hrs/week
$121,813$0$30,505$152,318
SENIOR DIRECTOR OF SCHOOL-BASED SERVICES
Highest compensated employee, 40.00 hrs/week
$118,648$0$27,937$146,585
SENIOR DIRECTOR OF SCHOLARSHIP ADMINISTRATION
Highest compensated employee, 40.00 hrs/week
$103,548$0$31,683$135,231
DATA DIRECTOR
Highest compensated employee, 40.00 hrs/week
$108,828$0$26,146$134,974
SENIOR DIRECTOR EARLY CHILDHOOD SERVICES
Highest compensated employee, 40.00 hrs/week
$114,376$0$17,332$131,708

12 people received more than $100,000 in reportable compensation from Say Yes Buffalo Scholarship (Part VII, line 2). Compensation of current officers, directors and key employees totaled $777K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$18M$19M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$18M$19M88.5%$56M$390,346
FY2024 ⓘ$53M$20M88.8%$52M$310,126
FY2023 ⓘ$14M$14M85.7%$17M$319,210
FY2022 ⓘ$16M$12M85.6%$17M—
FY2021 ⓘ$14M$14M97.4%$11M—
FY2020 ⓘ$10M$7.3M96.1%$8.6M—

Governance 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–1b21 · 21 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • 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 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5198
  • Volunteers Part I, line 65

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CHILD AND FAMILY SERVICES
Outsource hr and payroll
$203,731
TECHNET MSP LLC
Information system services
$184,074
POLICE ATHLETIC LEAGUE OF BUFFALO
Summer camp partner
$139,273
BOYS & GIRLS CLUB OF BUFFALO INC
Summer camp partner
$115,240
MT MORIAH MISSIONARY BAPTIST CHURCH
Summer camp partner
$111,056

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

17 private foundations reported grants to Say Yes Buffalo Scholarship totaling $4.3M 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 Say Yes Buffalo Scholarship's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Say Yes Buffalo Scholarship, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Say Yes Buffalo Scholarship's spending goes to programs?

In the fiscal year ending June 30, 2025, Say Yes Buffalo Scholarship reported that 88.5% of its $19.1 million in expenses went to program services, 11.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Say Yes Buffalo Scholarship pay its top executive?

The largest total compensation Say Yes Buffalo Scholarship reported for one person in the fiscal year ending June 30, 2025 was $390,346, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Say Yes Buffalo Scholarship get its money?

Of $18.1 million in revenue in the fiscal year ending June 30, 2025, 99.9% came from contributions and grants (including 57.1% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Say Yes Buffalo Scholarship a registered charity?

The IRS lists EIN 46-2867677 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 202621359349305047 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500989349301960 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401359349303700 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311219349301041 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240819349300109 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140959349300709 · read the filing

All filings for EIN 46-2867677: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.