Public Charity

FINANCIAL SCHOLARS INC

FINANCIAL SCHOLARS INC is a Public Charity headquartered in PHILADELHIA, PA. Financial data from the 2024 filing: $1.1M revenue, $618K expenses, $796K total assets. 7 publicly reported grants to this organization, totaling roughly $261K, appear in IRS filings.

EIN: 854254020 PHILADELHIA, PA Latest filing: 2024
Total Revenue$1.1M
Total Expenses$618K
Total Assets$796K
Grant Records7
Funding Total$261K
Filing Years2023–2024

Mission

THE MISSION OF FINANCIAL SCHOLARS, INC. IS TO COMBAT POVERTY AND WEALTH INEQUALITY IN PHILADELPHIA BY SUPPORTING AND PROVIDING FINANCIAL LITERACY AND ENTREPRENEURSHIP EDUCATION TO PHILADELPHIA HIGH SCHOOL STUDENTS AND THEIR FAMILIES.

Officers & Directors

EXECUTIVE DI Kerry Woodward
BOARD LIST A See Attached Board Members Listing

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$121,733 2 grants
For grant recipient's exempt purposes
$65,000 2 grants
WORK IN PUBLIC SCHOOLS
$42,500 1 grant
CHARITABLE DONATION
$20,000 1 grant
GENERAL SUPPORT AND VARIOUS PROJECTS
$11,575 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.1M $618K $796K
2023 $580K $473K $254K

Between 2023 and 2024, reported annual revenue grew from $580K to $1.1M (+90%), with total assets most recently reported at $796K.

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

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