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SARATOGA SPONSOR-A-SCHOLAR

SARATOGA SPRINGS, NY · EIN 753038965 · Form 990 · FY2024 · NTEE A65 · Arts, Culture & Humanities · Small ($100K-$1M) · saratogasponsorascholar.org
revenue
$417K
expenses
$258K
net assets
$2.2M
employees
0
volunteers
65
program ratio
90%
mission · from form 990

OUR MISSION IS "...TO ASSIST ECONOMICALLY DISADVANTAGED YOUNG MEN AND WOMEN TO COMPLETE HIGH SCHOOL AND GRADUATE FROM COLLEGE."

profile · synthesized from sources

Scholarship and mentorship program supporting economically disadvantaged high school students in Saratoga Springs, NY, to complete high school and graduate from college. Provides one-on-one mentoring, academic support, financial assistance, and college guidance. Founded in 2009, the program serves students from the Saratoga Springs School District and has achieved a 100% college acceptance rate among participants.

named programs · 3 · from sources

What they call their work

Derby Day Fundraiser
Annual Kentucky Derby-themed fundraising event held at The Lodge on Nelson Avenue, featuring an open bar, food stations, and on-site wagering, with proceeds benefiting the Sponsor-A-Scholar program.
Jonah Beer Scholarship
Annual scholarship established in memory of Jonah Beer, a former student and pharmacy technician, to support financially disadvantaged students pursuing higher education.
Sponsor-A-Scholar Program
Seven-year program providing one-to-one mentorship, academic support, financial assistance, and college guidance to economically disadvantaged high school sophomores in Saratoga Springs. Includes monthly mentor meetings, tutoring, college application support, and financial grants.
activities · 4 groups

What they do

  • College Access and Success Support 3 activities
    • College access and completion program for high school students
      Runs a seven-year college access program that selects ten high school sophomores annually and supports them through one-to-one mentorship, academic guidance, and financial aid application assistance, resulting in a 100% college acceptance rate among participating seniors.
    • Educational and financial support for disadvantaged youth
      Provides comprehensive educational and financial support to economically disadvantaged high school students in Saratoga Springs to ensure high school completion and college graduation. Services include financial assistance for SAT exams, college application fees, tutoring, study skills training, time management development, and college essay writing support.
    • Guidance counseling support for scholars
      Assigns two high school guidance counselors to support scholars with academic, extracurricular, and financial needs related to college preparation throughout their participation in the program.
  • Financial Aid and Scholarship Access Programs 2 activities
    • Financial incentives for college persistence
      Provides a $1,250 grant to each scholar for every completed undergraduate college semester to support college retention and on-time graduation, with over 90% of college-enrolled scholars completing their degrees on schedule.
    • Ongoing academic and financial support for current scholars
      Provides continuous academic and financial support to approximately 70 students at a time, maintaining a cohort-based model to ensure individualized attention and long-term engagement.
  • Youth One-on-One Mentoring 1 activity
    • Structured mentorship program for scholars
      Provides one-to-one mentorship for each scholar from high school sophomore year through the first year of college, with mentors committing 8–10 hours per year over a four-year period to support student engagement and serve as a liaison between students and the program.
  • Educational Technology Access and Support 1 activity
    • Technology provision for scholars
      Provides a new laptop computer to each scholar at the start of their high school sophomore year and another upon college graduation to ensure continuous access to technology for academic success.
financials · form 990 · fy2024
revenue
Total revenue$417K
Contributions & grants$320K77%
Program service revenue$00%
Investment income$97K23%
Other revenue$0
expenses
Total expenses$258K
Program expenses90%
Admin / overhead10%
Fundraising1%
Salaries & benefits$41K
Grants paid out$110K
Largest expense lineCompensation
balance sheet
Total assets$2.23M
Cash$201K
Investments$2.03M
Liabilities$0
Net assets$2.23M
Liquid reserves103.6 mo
3 years on record · 2020–2024 · YoY revenue +6.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
HOLLOWOOD CINDY EXECUTIVE DIRECTOR 3 $41K
board members · 16
  • BONACIO JULIE — BOARD MEMBER
  • CARMINUCCI JAMES — CHAIR
  • DALTON ROBIN — BOARD MEMBER
  • DICRESCE GARY — BOARD MEMBER
  • FUNICIELLO MICHELE — BOARD MEMBER
  • HOVER CATHERINE — BOARD MEMBER
  • LAVIGNE JIM — VICE CHAIR
  • MASTRIANI JEROME — BOARD MEMBER
  • PATTON MICHAEL — BOARD MEMBER
  • PREECE CONNOR — BOARD MEMBER
  • REIDY WALTER — TREASURER
  • SNOW JOHN — BOARD MEMBER
  • THE HONORABLE SCOTT JOHNSON — BOARD MEMBER
  • TITTERTON LEW — BOARD MEMBER (EMERITUS)
  • VALENTINE TOM — BOARD MEMBER
  • WHITE JANICE — BOARD MEMBER
relationships · 9

Who they work with

  • Franklin Community Center Partner — Abbie Aldrich, board member of Saratoga Sponsor a Scholar, is affiliated with Franklin Community Center.
  • Girl Scouts of Northeastern NY Partner — Hosted the Dare to Climb leadership conference that SSAS students attended.
  • Julie & Co. Realty Partner — Donated a portion of December closings to support Saratoga Sponsor-a-Scholar.
  • Russell Sage College Partner — Provides campus visits, meetings with undergraduates, and summer enrichment opportunities for SSAS scholars.
  • Saratoga Casino Hotel Partner — Donated funds through its "make a difference" campaign to support a student in the seven-year college access program.
  • Saratoga Springs City Schools Partner — Mentors from the program work with students in the district, and former staff participate as mentors.
  • Saratoga Springs School District Partner — Collaborates with the school district to identify students and provide academic support through onsite coordinators in the Guidance Department.
  • Saratoga Springs Sponsor A Scholar Program Partner — Organization through which mentors provide support to students.
  • Skidmore College Partner — Provides campus visits, meetings with undergraduates, and summer enrichment opportunities for SSAS scholars.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Holistic, Community-Supported Student Development
    methodology: it takes a village
    By combining mentorship, academic monitoring, financial aid, and enrichment opportunities within a coordinated support system, the organization reduces barriers to higher education because it addresses the interconnected academic, social, and economic challenges faced by low-income students.
  • Long-Term Mentorship for Educational Attainment
    methodology: mentorship-for-opportunity-access
    By providing sustained, relationship-based mentorship throughout high school and college, the organization increases college access and completion among economically disadvantaged students because consistent support from caring adults builds confidence, accountability, and real-world navigation skills.