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Nonprofit · EIN 13-3248876

THE OLIVER SCHOLARS PROGRAM INC

Tax-exempt · NEW YORK, NY 10005

Financials

$2.5M$4.8M2023$2.9M$5.2M2024
Revenue Expenses · by fiscal year end
Financials of THE OLIVER SCHOLARS PROGRAM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,898,674$5,210,632-$2,311,958$25,113,124$5,382,336$19,730,788
December 31, 2023990$2,494,207$4,839,616-$2,345,409$26,867,473$5,406,901$21,460,572
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,680,749
of which government grants
$151,686
Program service revenue
$0
Investment income
$1,499,118
Net gain from sales of assets
$883,470
Net income from fundraising events
-$284,519
Other revenue
-$281,193

Expenses

Grants and similar amounts paid
$2,000
Compensation of officers, directors and key employees
$384,360
Other salaries and wages
$2,146,984
Salaries, compensation and benefits (total)
$3,129,119
Professional fundraising fees
$0
Legal fees
$12,009
Accounting fees
$35,524
Occupancy
$590,449
Travel
$134,096
Depreciation
$52,241
Program services (functional)
$3,949,701
Management and general (functional)
$731,290
Fundraising (functional)
$529,641

Balance sheet and other

Total assets, start of year
$26,867,473
Total assets, end of year
$25,113,124
Total liabilities, end of year
$5,382,336
Net assets, end of year
$19,730,788
Land, buildings and equipment
$120,093
Publicly traded securities
$19,599,503
Net assets without donor restrictions
$11,717,109
Net assets with donor restrictions
$8,013,679
Gross receipts
$10,324,974
Employees
57
Volunteers
141
Year formed
1984
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DR DANIELLE R MOSS-COXCEO
Officer
35$306,695$77,665
DR DEIDRE FRANKLIN CHIEFPROGRAM & EQUITY OFFICER
Highest-paid employee
35$158,640$16,661
MARK HALL - CHIEF ENROLLMENTAND ACADEMIC OFFICER
Highest-paid employee
35$152,016$13,775
SHARON STURRUPCHIEF OPERATIONS OFFICER
Highest-paid employee
35$118,801$34,510
DOROTHEA SCHLOSSERCHAIR
Trustee or director, Officer
2$0$0
LOUISA TROUBHVICE CHAIR
Trustee or director, Officer
2$0$0
KEITH CANTONSECRETARY
Trustee or director, Officer
2$0$0
JAKY JOSEPHTREASURER
Trustee or director, Officer
2$0$0
TERRY-ANN BURRELLTRUSTEE
Trustee or director
0.5$0$0
NICHOLAS DOERING-DORIVALTRUSTEE
Trustee or director
0.5$0$0
ERIC EPSTEINTRUSTEE
Trustee or director
0.5$0$0
JONATHAN FOXTRUSTEE
Trustee or director
0.5$0$0
PAUL GOTTLIEBTRUSTEE
Trustee or director
0.5$0$0
DIVKAR GUPTATRUSTEE
Trustee or director
0.5$0$0
MICHAEL KESSLERTRUSTEE
Trustee or director
0.5$0$0
10 more people on this return
NameTitleHours / weekCompensation
DON LEMONTRUSTEE
Trustee or director
0.5$0
DR LISA LONGTRUSTEE
Trustee or director
0.5$0
ADRIAN MILLANTRUSTEE
Trustee or director
0.5$0
VICTOR NUNEZTRUSTEE
Trustee or director
0.5$0
RAINA OBEROITRUSTEE
Trustee or director
0.5$0
EDWARD OLANOWTRUSTEE
Trustee or director
0.5$0
YVONNE QUINNTRUSTEE
Trustee or director
0.5$0
SHIRLEY RUMIERKTRUSTEE
Trustee or director
0.5$0
GUSTAVO SCHWEDTRUSTEE
Trustee or director
0.5$0
DR BASIL SMIKLE JRTRUSTEE
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
DR DANIELLE R MOSS-COXCEO
Officer
35$294,959$69,809
GABRIELLE GILLIAMCHIEF DEVELOPMENT OFFICER
Key employee
35$159,911$29,513
DR DEIDRE FRANKLIN CHIEFPROGRAM & EQUITY OFFICER
Highest-paid employee
35$151,067$12,873
MARK HALL - CHIEF ENROLLMENTAND ACADEMIC OFFICER
Highest-paid employee
35$144,938$13,472
SHARON STURRUPCHIEF OPERATIONS OFFICER
Highest-paid employee
35$113,868$31,888
DOROTHEA SCHLOSSERCHAIR
Trustee or director, Officer
2$0$0
LOUISA TROUBHVICE CHAIR
Trustee or director, Officer
2$0$0
KEITH CANTONSECRETARY
Trustee or director, Officer
2$0$0
GUSTAVO SCHWEDTREASURER
Trustee or director, Officer
2$0$0
TERRY-ANN BURRELLTRUSTEE
Trustee or director
0.5$0$0
NICHOLAS DOERING-DORIVALTRUSTEE
Trustee or director
0.5$0$0
ERIC EPSTEINTRUSTEE
Trustee or director
0.5$0$0
JONATHAN FOXTRUSTEE
Trustee or director
0.5$0$0
DIVKAR GUPTATRUSTEE
Trustee or director
0.5$0$0
JAKY JOSEPHTRUSTEE
Trustee or director
0.5$0$0
MICHAEL KESSLERTRUSTEE
Trustee or director
0.5$0$0
DON LEMONTRUSTEE
Trustee or director
0.5$0$0
DR LISA LONGTRUSTEE
Trustee or director
0.5$0$0
ADRIAN MILLANTRUSTEE
Trustee or director
0.5$0$0
VICTOR NUNEZTRUSTEE
Trustee or director
0.5$0$0
RAINA OBEROITRUSTEE
Trustee or director
0.5$0$0
EDWARD OLANOWTRUSTEE
Trustee or director
0.5$0$0
YVONNE QUINNTRUSTEE
Trustee or director
0.5$0$0
SHIRLEY RUMIERKTRUSTEE
Trustee or director
0.5$0$0
BASIL SMIKLETRUSTEE
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
14 WALL ST STE 1720, NEW YORK, NY 10005-2132
Principal officer (990 for 2024)
DR DANIELLE R MOSS-COX, 14 WALL STREET 1720, NEW YORK, NY 10005
Signed the 990
DR DANIELLE R MOSS-COX, CEO
Phone
(212) 430-5980
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

OLIVER SCHOLARS PREPARES HIGH-ACHIEVING BLACK AND LATINO STUDENTS FROM UNDERSERVED NEW YORK CITY COMMUNITIES FOR SUCCESS AT TOP INDEPENDENT SCHOOLS AND PRESTIGIOUS COLLEGES. WE PROVIDE CRUCIAL SUPPORT FOR OUR SCHOLARS SO THEY CAN REALIZE THEIR FULL POTENTIAL AND ULTIMATELY GIVE BACK TO THE CITY, THE NATION, AND THE WORLD.

990 for the year ended December 31, 2024

Program accomplishments

  • SCHOLAR IMMERSION PROGRAM: THE SCHOLAR IMMERSION PROGRAM, ALSO KNOWN AS SIP, IS A 14-MONTH ACADEMIC AND SOCIAL ENRICHMENT PROGRAM INTENDED TO GIVE STUDENTS THE ACADEMIC, STUDY, AND SOCIAL SKILLS THEY WILL NEED TO BE SUCCESSFUL AT RIGOROUS HIGH SCHOOLS. STUDENTS ATTEND THE PROGRAM FOR TWO 6-WEEK SUMMER SESSIONS AND A YEAR OF SATURDAY CLASSES. THE SUMMER PROGRAM INCLUDES ONE-WEEK OF RESIDENTIAL PROGRAMMING AT A PARTNER BOARDING SCHOOL TO GIVE STUDENTS EXPOSURE TO THAT EXPERIENCE AND TO DEEPEN CONNECTIONS ACROSS THEIR COHORTS.
    Expenses $1,306,327 · grants $2,000
  • SCHOLAR SERVICES: ONCE OUR SCHOLARS MATRICULATE AT COMPETITIVE HIGH SCHOOLS, THEY CONTINUE TO RECEIVE SUPPORT FROM THE OLIVER SCHOLARS SCHOLAR SERVICES TEAM. EVERY SCHOLAR ATTENDING AN INDEPENDENT BOARDING SCHOOL RECEIVES 1-2 ON-CAMPUS VISITS FROM A MEMBER OF OUR TEAM. WE MONITOR HOW STUDENTS ARE ADJUSTING ACADEMICALLY AND SOCIALLY AND MEET WITH SCHOOL OFFICIALS TO ENSURE THAT STUDENTS HAVE THE SUPPORT THEY NEED TO THRIVE. OUR PUBLIC HIGH SCHOOL SCHOLARS ATTEND PROGRAMMING ONCE A MONTH TO STAY CONNECTED AND RECEIVE THE SAME ACADEMIC AND SOCIAL SUPPORT AS THEIR INDEPENDENT SCHOOL COHORTS. SIGNATURE ACTIVITIES INCLUDE AN ANNUAL COMMUNITY SERVICE DAY AND OUR ANNUAL STUDENT CONFERENCE, IN OUR OWN VOICES. ADDITIONALLY, OUR HIGH SCHOOL STUDENTS AND THEIR FAMILIES RECEIVE ONGOING COLLEGE COUNSELING, COLLEGE VISITS, COLLEGE ESSAY REVIEWS, AND FINANCIAL AID GUIDANCE. AND WE CONTINUE TO SUPPORT THEM VIA ACCESS TO INTERNSHIPS AND MENTORS ONCE THEY MATRICULATE AT COLLEGE - WHERE WE CONTINUE TO PROVIDE FINANCIAL AID AND TRANSFER SUPPORT.
    Expenses $1,257,014
  • ADMISSIONS & PLACEMENT: OUR ADMISSIONS AND PLACEMENT PROGRAM IS FOCUSED ON DEVELOPING TRUSTING RELATIONSHIPS WITH MIDDLE SCHOOLS AND COMMUNITY-BASED ORGANIZATIONS ACROSS THE FIVE BOROUGHS OF NEW YORK CITY TO IDENTIFY HIGH-ACHIEVING BLACK AND LATINX 7TH GRADERS FOR PARTICIPATION IN THE OLIVER SCHOLARS PROGRAM. WE HOST ADMISSIONS INFORMATION SESSIONS ACROSS THE CITY TO EDUCATE FAMILIES ABOUT THE EDUCATION OPTIONS AVAILABLE TO THEIR HIGH POTENTIAL STUDENTS. ONCE ADMITTED, THESE STUDENTS HAVE ACCESS TO OUR SIGNATURE SCHOLAR IMMERSION PROGRAM AND HIGH SCHOOL APPLICATION SUPPORT FROM OUR PLACEMENT TEAM FOR INDEPENDENT DAY, BOARDING SCHOOLS AND COMPETITIVE PUBLIC HIGH SCHOOLS. THE PLACEMENT TEAM DEVELOPS STRONG PARTNERSHIP RELATIONSHIPS WITH OUR INDEPENDENT CONSORTIUM SCHOOLS IN THE CITY AND ACROSS THE COUNTRY TO ENSURE OUR SCHOLARS HAVE THE SUPPORT AND FINANCIAL AID THEY NEED TO SUCCEED IN HIGH SCHOOL.
    Expenses $992,967
  • THE GOAL OF THE COLLEGE BOUND INITIATIVES DEPARTMENT IS TO LEAD THE COLLEGE SEARCH AND APPLICATION PROCESS, INSPIRE SCHOLARS TO SEEK "BEST FIT" COLLEGES, COLLABORATE WITH INDEPENDENT SCHOOL COUNSELORS, EDUCATE AND PREPARE FAMILIES FOR THE TRANSITION TO COLLEGE. WHILE SCHOLARS RECEIVE INTENSIVE SUPPORT SPECIFICALLY GEARED TOWARD PREPARING THEM FOR THE COLLEGE APPLICATION PROCESS BEGINNING IN THEIR JUNIOR YEAR, OLIVER IS INTENTIONAL IN CREATING A COLLEGE-GOING CULTURE AND BUILDING COLLEGE READINESS SKILLS BEGINNING IN MIDDLE SCHOOL THROUGH HIGH SCHOOL.
    Expenses $228,464
  • OLIVER HONORS EVENT, AN INCREDIBLE NIGHT CELEBRATING OUR SCHOLARS AND THEIR ACHIEVEMENTS IN SCHOLARSHIP, LEADERSHIP, AND SERVICE.
    Expenses $164,929

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-3248876
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,113,124
Income (IRS master file)
$10,324,974

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,898,674$5,210,632$25,113,124IRS
990December 2023$2,494,207$4,839,616$26,867,473XML
990December 2022$1,759,893$4,383,111$22,138,534IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3248876).

Questions about THE OLIVER SCHOLARS PROGRAM INC

What is the EIN of THE OLIVER SCHOLARS PROGRAM INC?
The employer identification number (EIN) of THE OLIVER SCHOLARS PROGRAM INC is 13-3248876.
Is THE OLIVER SCHOLARS PROGRAM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to THE OLIVER SCHOLARS PROGRAM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE OLIVER SCHOLARS PROGRAM INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE OLIVER SCHOLARS PROGRAM INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE OLIVER SCHOLARS PROGRAM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE OLIVER SCHOLARS PROGRAM INC?
The 990 for the year ended December 31, 2024 names DR DANIELLE R MOSS-COX.
Who are the officers and directors of THE OLIVER SCHOLARS PROGRAM INC?
The 990 for the year ended December 31, 2024 lists 25 people; 4 received compensation from the organization, the highest $306,695 (DR DANIELLE R MOSS-COX, CEO).
How much revenue does THE OLIVER SCHOLARS PROGRAM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,898,674, expenses of $5,210,632 and total assets of $25,113,124 at year end.

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