Arete Scholars Louisiana
Arete Scholars Louisiana reported $11.6 million in revenue and $8.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.97 went to program services, $2.12 to management and general costs and $5.91 to fundraising. Its largest source of revenue was contributions and grants: 91.9% of the total. The highest compensation it reported for one person was $346,059 (President). Revenue rose 357% 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 $8.4MFor 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 $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.9% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 91.9% | 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 | $346,059 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.11% | 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 | 34.6 | 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 expenseDuring the fiscal year ended 6/30/2025, Arete Scholars Fund invested more than $7 million in 1,644 scholars across Louisiana - not merely to pay tuition of up to $4,900, but to open a door that changes a familys trajectory. Every Arete Scholar is recognized as a young person of potential whose gifts deserve a school environment designed to develop them. In FY 2025, Arete expanded its scholar development programming through four integrated pillars - Academic Support, Leadership Formation, College & Career Pathways, and Sustaining Success - Providing tutoring, mentorship, and post-secondary…
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 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 54
- Volunteers Part I, line 64
Private foundation grants it received
1 private foundation reported grants to Arete Scholars Louisiana totaling $2,000 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 Arete Scholars Louisiana's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Arete Scholars Louisiana, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Arete Scholars Louisiana spent in FY2025, $91.97 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Monroe Community College AssociationRochester, NY · revenue $12M · programs 83.5% · FY2025
- Thrive Birth to Five FoundationRichmond, VA · revenue $12M · programs 97.3% · FY2025
- Pueblo Nuevo Education and Development GLos Angeles, CA · revenue $12M · programs 68.8% · FY2025
- Workforce Development CorporationNew York, NY · revenue $12M · programs 99.9% · FY2025
- Riverfield Country Day SchoolTulsa, OK · revenue $12M · programs 81.1% · FY2025
Questions people ask
How much of Arete Scholars Louisiana's spending goes to programs?
In the fiscal year ending June 30, 2025, Arete Scholars Louisiana reported that 92.0% of its $8.4 million in expenses went to program services, 2.1% to management and general and 5.9% to fundraising (Form 990, Part IX).
How much does Arete Scholars Louisiana pay its top executive?
The largest total compensation Arete Scholars Louisiana reported for one person in the fiscal year ending June 30, 2025 was $346,059, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Arete Scholars Louisiana get its money?
Of $11.6 million in revenue in the fiscal year ending June 30, 2025, 91.9% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Arete Scholars Louisiana a registered charity?
The IRS lists EIN 61-1709239 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 202621359349306782 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024 (amended), object 202533099349300203 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349307202 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349316817 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349312725 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111339349305811 · read the filing
All filings for EIN 61-1709239: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.