Nonprofit · EIN 75-3038965
SARATOGA SPONSOR-A-SCHOLAR
Tax-exempt · SARATOGA SPGS, NY 12866
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $417,050 | $257,929 | $159,121 | $2,226,623 | $0 | $2,226,623 |
| December 31, 2023 | 990 | $391,840 | $216,560 | $175,280 | $2,067,502 | $0 | $2,067,502 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $320,020
- Program service revenue
- $0
- Investment income
- $97,030
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $109,965
- Compensation of officers, directors and key employees
- $40,992
- Salaries, compensation and benefits (total)
- $40,992
- Professional fundraising fees
- $0
- Accounting fees
- $8,651
- Program services (functional)
- $230,952
- Management and general (functional)
- $24,927
- Fundraising (functional)
- $2,050
Balance sheet and other
- Total assets, start of year
- $2,067,502
- Total assets, end of year
- $2,226,623
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,226,623
- Publicly traded securities
- $2,025,683
- Net assets without donor restrictions
- $2,226,623
- Gross receipts
- $474,520
- Employees
- 0
- Volunteers
- 65
- Year formed
- 2002
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLOWOOD CINDY | EXECUTIVE DIRECTOR Officer | 3 | $40,992 |
| BONACIO JULIE | BOARD MEMBER Trustee or director | 1 | $0 |
| CARMINUCCI JAMES | CHAIR Trustee or director, Officer | 1 | $0 |
| DALTON ROBIN | BOARD MEMBER Trustee or director | 1 | $0 |
| DICRESCE GARY | BOARD MEMBER Trustee or director | 1 | $0 |
| FUNICIELLO MICHELE | BOARD MEMBER Trustee or director | 1 | $0 |
| HOVER CATHERINE | BOARD MEMBER Trustee or director | 1 | $0 |
| THE HONORABLE SCOTT JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 |
| LAVIGNE JIM | VICE CHAIR Trustee or director, Officer | 3 | $0 |
| MASTRIANI JEROME | BOARD MEMBER Trustee or director | 1 | $0 |
| PATTON MICHAEL | BOARD MEMBER Trustee or director | 1 | $0 |
| PREECE CONNOR | BOARD MEMBER Trustee or director | 1 | $0 |
| REIDY WALTER | TREASURER Trustee or director, Officer | 1 | $0 |
| SNOW JOHN | BOARD MEMBER Trustee or director | 1 | $0 |
| TITTERTON LEW | BOARD MEMBER (EMERITUS) Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VALENTINE TOM | BOARD MEMBER Trustee or director | 1 | $0 |
| WHITE JANICE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLOWOOD CINDY | EXECUTIVE DIRECTOR Officer | 3 | $35,000 |
| BONACIO JULIE | BOARD MEMBER Trustee or director | 1 | $0 |
| CARMINUCCI JAMES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DALTON ROBIN | BOARD MEMBER Trustee or director | 1 | $0 |
| DICRESCE GARY | BOARD MEMBER Trustee or director | 1 | $0 |
| FUNICIELLO MICHELE | BOARD MEMBER Trustee or director | 1 | $0 |
| HOVER CATHERINE | BOARD MEMBER Trustee or director | 1 | $0 |
| HUBBS MICHELLE | BOARD MEMBER Trustee or director | 1 | $0 |
| THE HONORABLE SCOTT JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 |
| LAVIGNE JIM | OFFICER AT LARGE Trustee or director, Officer | 3 | $0 |
| MASTRIANI JEROME | BOARD MEMBER Trustee or director | 1 | $0 |
| PATTON MICHAEL | BOARD MEMBER Trustee or director | 1 | $0 |
| PREECE CONNOR | BOARD MEMBER Trustee or director | 1 | $0 |
| REIDY WALTER | TREASURER Trustee or director, Officer | 1 | $0 |
| SNOW JOHN | BOARD MEMBER Trustee or director | 1 | $0 |
| TITTERTON LEW | BOARD MEMBER (EMERITUS) Trustee or director | 1 | $0 |
| VALENTINE TOM | BOARD MEMBER Trustee or director | 1 | $0 |
| WHITE JANICE | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 107, SARATOGA SPGS, NY 12866-0107
- In care of
- % JOHN M HOGAN
- Principal officer (990 for 2024)
- CYNTHIA D HOLLOWOOD, PO BOX 107, SARATOGA SPRINGS, NY 12866
- Signed the 990
- CYNTHIA D HOLLOWOOD, EXECUTIVE DIRECTOR
- Phone
- (518) 207-7682
- Return prepared by
- MENGEL METZGER BARR & CO LLP
Mission
OUR MISSION IS "...TO ASSIST ECONOMICALLY DISADVANTAGED YOUNG MEN AND WOMEN TO COMPLETE HIGH SCHOOL AND GRADUATE FROM COLLEGE."
Program accomplishments
- SCHOLARSSARATOGA SPONSOR-A-SCHOLAR SELECTS STUDENTS MOTIVATED TO ACHIEVE ACADEMICALLY WHO COULD USE ADDITIONAL SUPPORT AND DIRECTION TO MEET THEIR GOALS. ELIGIBLE STUDENTS MUST HAVE A B/C AVERAGE, DEMONSTRATE A COMMITMENT TO THEIR EDUCATION AND BE ECONOMICALLY DISADVANTAGED. STUDENTS ARE NOMINATED BY GUIDANCE COUNSELORS AND TEACHERS IN THE NINTH GRADE AND SELECTED BY A RIGOROUS PROCESS THAT INCLUDES AN APPLICATION, RECOMMENDATIONS AND AN INTERVIEW WITH STUDENTS AND FAMILIES. MANY STUDENTS ARE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE. STUDENTS PARTICIPATE IN THE PROGRAM FROM SOPHOMORE YEAR THROUGH COLLEGE GRADUATION.ACADEMIC SUPPORTSTUDENTS ENROLLED IN SARATOGA SPONSOR-A-SCHOLAR ATTEND SARATOGA SPRINGS HIGH SCHOOL. TWO ACADEMIC COORDINATORS FROM THE HIGH SCHOOL GUIDANCE DEPARTMENT OVERSEE THE ENROLLMENT AND APPLICATION PROCESS. TUTORS AT HOMEWORK SESSIONS ARE CLASSROOM TEACHERS FROM EACH MAJOR SUBJECT AREA OR MEMBERS OF THE COMMUNITY WHO ARE EXPERTS IN THEIR FIELD. SPONSOR-A-SCHOLAR ALSO ENCOURAGES AND PROVIDES FUNDING FOR ADVANCED PLACEMENT (AP) COURSES AND PSAT/SAT TRAINING. SPONSORS AND DONORSTO PAY FOR THE PARTICIPATION OF THE STUDENTS IN OUR PROGRAM, SSAS ENLISTS A COMBINATION OF INDIVIDUAL, FOUNDATION OR CORPORATE SPONSORS EACH YEAR. SPONSORSHIP OF A SINGLE STUDENT IN THE PROGRAM IS $10,000, $4,000 OF WHICH PROVIDES ACADEMIC TUTORING AND COLLEGE PREPARATORY WORK DURING HIGH SCHOOL. SSAS PROVIDES STUDENTS WITH ANNUAL CASH STIPENDS OF $2,500 FOR EVERY SUCCESSFUL YEAR OF COLLEGE THEY COMPLETE. SOME INDIVIDUALS SPONSOR MULTIPLE STUDENTS WHILE OTHERS TEAM UP TO CO-SPONSOR A SINGLE STUDENT. DONORS MAY MAKE A FINANCIAL CONTRIBUTION IN ANY AMOUNT. MENTORSEACH SCHOLAR IS MATCHED WITH AN ADULT MENTOR WHEN THEY BEGIN THE PROGRAM. PREREQUISITES FOR BECOMING A MENTOR INCLUDE A COLLEGE DEGREE, MAKING A COMMITMENT TO MEET AT LEAST ONCE A MONTH FOR THREE YEARS OF HIGH SCHOOL AND THE FIRST YEAR OF COLLEGE. MENTORS SERVE AS AN ADULT ROLE MODEL AND ALSO HELP STUDENTS IDENTIFY COLLEGE RESOURCES. THE MENTOR/STUDENT RELATIONSHIP SERVES AS A VALUABLE SOURCE OF SUPPORT TO SCHOLARS SEEKING A SEASONED PERSPECTIVE AND AN ACTIVE LISTENER.COMMUNITYTHE MISSION OF THE SARATOGA SPONSOR-A-SCHOLAR PROGRAM IS TO INCREASE ACCESS TO HIGHER EDUCATIONAL PROGRAMS BY OFFERING SUPPORT IN THE FORM OF TIME, MENTORS AND MONEY. THE DIRECT BENEFICIARIES OF THE PROGRAM INCLUDE STUDENTS AND THEIR FAMILIES. HOWEVER, OUR HOPE IS ALSO THAT THE COMMUNITY AT LARGE WILL ALSO BENEFIT FROM SPONSOR-A-SCHOLAR STUDENTS RETURNING WITH COLLEGE DEGREES TO WORK AND IMPROVE THE OVERALL CULTURE OF OUR COMMUNITY.UP TO APPROXIMATELY 70 STUDENTS PARTICIPATE IN SSAS PROGRAMS EACH YEAR.Expenses $230,952 · grants $109,965
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-3038965
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A65)
- Assets (IRS master file)
- $2,226,623
- Income (IRS master file)
- $474,520
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $417,050 | $257,929 | $2,226,623 | IRS |
| 990 | December 2023 | $391,840 | $216,560 | $2,067,502 | XML |
| 990 | December 2022 | $319,737 | $199,852 | $1,892,222 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 75-3038965).
Questions about SARATOGA SPONSOR-A-SCHOLAR
- What is the EIN of SARATOGA SPONSOR-A-SCHOLAR?
- The employer identification number (EIN) of SARATOGA SPONSOR-A-SCHOLAR is 75-3038965.
- Is SARATOGA SPONSOR-A-SCHOLAR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to SARATOGA SPONSOR-A-SCHOLAR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SARATOGA SPONSOR-A-SCHOLAR 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 SARATOGA SPONSOR-A-SCHOLAR 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 SARATOGA SPONSOR-A-SCHOLAR 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 SARATOGA SPONSOR-A-SCHOLAR?
- The 990 for the year ended December 31, 2024 names CYNTHIA D HOLLOWOOD.
- Who are the officers and directors of SARATOGA SPONSOR-A-SCHOLAR?
- The 990 for the year ended December 31, 2024 lists 17 people; 1 received compensation from the organization, the highest $40,992 (HOLLOWOOD CINDY, EXECUTIVE DIRECTOR).
- How much revenue does SARATOGA SPONSOR-A-SCHOLAR have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $417,050, expenses of $257,929 and total assets of $2,226,623 at year end.
Other nonprofits in SARATOGA SPGS
- SARATOGA SPRINGS PERFORMING ARTS CENTER INC EIN 14-1466353 · last filed 990 for 2024
- CORPORATION OF YADDO EIN 14-1343055 · last filed 990 for 2025
- NATIONAL MUSEUM OF RACING INC EIN 14-1421321 · last filed 990 for 2025
- SARATOGA ARTS INC EIN 14-1632037 · last filed 990 for 2025
- SARATOGA AUTOMOBILE MUSEUM EIN 31-1656500 · last filed 990 for 2025
- LAKE GEORGE OPERA FESTIVAL ASSOCIATION INC EIN 13-2505803 · last filed 990 for 2025
- SARATOGA SPRINGS UNIVERSAL PRESERVATION HALL EIN 32-0033321 · last filed 990 for 2024
- SARATOGA CHILDRENS THEATRE INC EIN 80-0191421 · last filed 990 for 2025
All nonprofits in SARATOGA SPGS · New York · Arts, culture and humanities