Public Charity

5 Strong Scholarship Foundation Inc

5 Strong Scholarship Foundation Inc, of College Park, GA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $427K in revenue, $353K in expenses, $486K in total assets. 12 publicly reported grants to this organization, totaling roughly $572K, appear in IRS filings.

EIN: 471332851 College Park, GA Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$427K
Total Expenses$353K
Total Assets$486K
Grant Records12
Funding Total$572K
Filing Years2021–2025

Mission

5 STRONG PARTNERS WITH SELECT HBCUS TO HELP PROVIDE PROMISING STUDENT LEADERS FULL-TUITION SCHOLARSHIPS. THE PARTNERING HBCUS RESERVE AT LEAST 5 TUITION SCHOLARSHIPS A YEAR FOR 5 STRONG. 5 STRONG RECRUITS AND SELECTS THE STUDENTS FOR THE TUITION SCHOLARSHIPS. 5 STRONG ALSO PROVIDES BI-MONTHLY COLLEGE READY PREP SESSIONS, COLLEGE VISITS TO EACH HBCU PARTNER, WE PROVIDE ONGOING MENTORING AND SUPPORT FROM MATRICULATION TO GRADUATION. 5 STRONG'S GOAL IS FOR OUR SCHOLARS TO GO, STAY, AND GRADUATE IN 4 YEARS OR LESS WITH $0 TO MINIMAL STUDENT LOAN DEBT.

Officers & Directors

CEO Andrew Ragland
Foundation Mgr. Carolyn Hill
Director Dr Cheryl Lewis
Foundation Mgr. Sherida Ragland

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR RECIPIENT'S EXEMPT PURPOSE
$294,400 2 grants
EDUCATION
$225,900 4 grants
NONPROFIT LEADERSHIP GRANT
$25,000 1 grant
UNRESTRICTED
$16,193 3 grants
Unrestricted
$5,272 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $427K $353K $486K
2024 $413K $366K $411K
2023 $474K $317K $368K
2022 $304K $269K $214K
2021 $355K $222K $190K

Between 2021 and 2025, reported annual revenue grew from $355K to $427K (+20%), with total assets most recently reported at $486K.

Interactive year-over-year charts and full filing details available with membership.

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