Per Scholas does not meet the following 1 Standards for Charity Accountability:
Standard 4 (Compensated Board Members)
Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.
Per Scholas does not meet this Standard because:
- The chair of the board is indirectly compensated as the relative of a paid staff member.
Per Scholas meets the remaining 19 Standards for Charity Accountability.
Per Scholas reports that it provides individuals with technology education, access, and job placement services. Through its technical training, professional development, and direct placement support programs, the organization aims to place graduates in sustainable employment opportunities. Per Scholas' technical training provides tuition-free training in technology skills tailored to business needs. The organization?s professional development program trains individuals on communication, collaboration, and career navigation skills to help them land a job or move up the technology career ladder. Lastly, the organization?s business solutions team provides career coaching and works with employers to help match graduates with technology roles across sectors.
For the year ended December 31, 2019, Per Scholas's program expenses were:
Social ventures |
$5,431,390 |
New York, New York |
$5,126,344 |
Silver Spring, Maryland - National Capital Region |
$1,971,820 |
Newark, New Jersey |
$1,323,390 |
Columbus, Ohio |
$982,244 |
Atlanta, Georgia |
$936,491 |
Dallas, Texas |
$736,019 |
Boston, Massachusetts |
$732,858 |
Cincinnati, Ohio |
$605,146 |
Total Program Expenses: |
$17,845,702 |
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Chief Executive
Plinio Ayala, President and Chief Executive Officer
-
Compensation*
$316,465
-
Chair of the Board
Lewis Miller
-
Chair's Profession / Business Affiliation
Managing Partner, ActionPoint Advisors
-
Board Size
27
-
Paid Staff Size
198
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Grant proposals, Internet, Invitations to fund raising events, Other
Fundraising costs were 8% of related contributions. (Related contributions, which totaled $15,906,716, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Per Scholas's audited financial statements for the year ended December 31, 2019.
Source of Funds |
Foundation and other contributions |
$15,906,716 |
Social ventures |
$4,875,470 |
Government and contract revenue |
$3,061,794 |
Other income |
$164,554 |
Total Income |
$24,008,534 |
- Programs: 81%
- Administrative: 14%
- Fundraising: 5%
Total Income |
$24,008,534 |
Program expenses |
$17,845,702 |
Fundraising expenses |
$1,248,064 |
Administrative expenses |
$3,128,096 |
Other expenses |
$0 |
Total expenses: |
$22,221,862 |
Income in Excess of Expenses |
$1,786,672 |
Beginning Net Assets |
$9,620,136 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$11,406,808 |
Total Liabilities |
$4,665,366 |
Total Assets |
$16,072,174 |