Powered by CharityEZ

Charity report ready

ARETE SCHOLARS FUND INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

ARETE SCHOLARS FUND INC

EIN 27-2494520 · Scholarships & Student Financial Aid (B82)

What they do

to Assist Low-income Students In Reaching Their Highest Potential Through Educational Opportunity.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders4 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$81.74spent for every $100 of revenueRevenue covered expenses this year.
$2.80of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$2.04in assets for every $1 spent this yearSome assets cannot be spent right away.
88.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $346,059 for ARTHUR DUPRE (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$7,423,910
Expenses$6,068,212
Annual surplus $1,355,698 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$167,558 · 2.8% of expenses
Grants paid$5,500 · 0.1% of expenses
Reported executive compensation (total)$145,814 · 2.4% of expenses
See all reported dollar amounts
Revenue$7,423,910
Expenses$6,068,212
Assets$12,408,193
Income$7,423,910
Contributions$6,556,823
Grants given$5,500
Average grant$5,500
Management and general$167,558
Executive compensation (total)$145,814
Stocks and bonds$2,231,273
Accounting fees$61,449
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
ARTHUR DUPREPRESIDENT · 40 hrs/week $346,059Base $307,184 · Other $38,875

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (4)

ARTHUR DUPREPRESIDENT

DEREK MONJUREBOARD MEMBER

GREGORY BEADLESBOARD CHAIRMAN

JAMES SMITHSECRETARY

About this charity

Recognized since
January 2010
Location
500 Buford Hwy NE, Suwanee, GA 30024
County
Gwinnett
In care of
Arthur Dupre
Primary officer
Arthur Dupre, President

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
THE IJAZ GROUP LLC
NTEE classification
Scholarships & Student Financial Aid (B82)
IRS tax category
Scholarships & Student Financial Aid
Grant-giving organization
Yes

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free