Atlas Scholars
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 59 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
Atlas Scholars prepares high-potential students from underserved communities for success in college and competitive careers through a rigorous, multi-year professional development program. The organization delivers mentorship, career exposure, leadership training, and academic support within an intership-like structure that builds soft skills, workplace readiness, and long-term career preparation. Scholarships are provided as a strategic tool to support college access, which is essential to the programs workforce readiness goals.
- Income
- $477,346
- Spending
- $591,548
- Spent on programs
- 64%
- Reserves
- 25.3 months of spending
- Largest source of income
- donations and private grants, 68%
- Employees
- 2
- Volunteers
- 7
- Highest pay
- $92,949, executive director/secretary
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 44% of charities in its peer group (employment, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 25.3 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
0 of 15Spending exceeded income by 24% of income.
Income trend
15 of 15Income rose 62% on the year before.
Spending floor
0 of 1564% of spending went to programs and raising each dollar of donations cost 59 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 86 out of 100. Higher than 70% of charities in its peer group (employment, $250k to $1m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $378,628 spent. Atlas Scholars Summer Institute is a core component of its three-year professional development program. Each summer, selected high school Scholars participate in an intensive, internship-style experience designed to build career readiness, leadership skills, and real-world knowledge. Scholars engage in daily workshops, professional skills training, industry site visits, and mentorship sessions with corporate partners. This immersive experience prepares students for college success and future professional roles. In 2024, the Summer Institute served 33 students.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.