Proscholars Athletics
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PROSCHOLARS ATHLETICS INC IS A SPORTS-BASED COLLEGE PREPARATORY PROGRAM SERVICING URBAN YOUTHS AGES 10-18 IN THE NEW YORK TRI-STATE AREA.
- Income
- $232,775
- Spending
- $345,442
- Spent on programs
- 78%
- Reserves
- 4.8 months of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 1
- Volunteers
- 20
- Highest pay
- $40,000, executive director
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 40% of charities in its peer group (recreation and sports, under $250k).
Reserves
20 of 35Spendable reserves would cover 4.8 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
0 of 15Spending exceeded income by 48% of income.
Income trend
15 of 15Income rose 25% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 86 out of 100. Higher than 91% of charities in its peer group (recreation and sports, under $250k).
Independent board
25 of 254 of 5 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
0 of 7Reports no 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.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 31, 2025, 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 (2)
- $237,721 spent. SCHOLARSHIP PROGRAM - THE PROSCHOLARS ATHLETICS INC SCHOLARSHIP PROGRAM HAS EARNED OVER 30 STUDENT ATHLETES APRROXIMATELY $18MILLION IN ATHLETIC BASED SCHOLASTIC AWARDS AT THE COLLEGIATE AND SECONDARY SCHOOL LEVEL DURING CALENDAR YEAR 2019. THIS PROGRAM AIDS IN PROVIDING ACADEMIC SUPPORT, ATHLETIC MARKETING, AND SOCIAL EMOTIONAL SUPPORT AND DEVELOPMENT FOR PROGRAM PARTICIPANTS TO HELP ENSURE THEY RECIEVE SCHOLARSHIP AWARDS UPON COMPLETION OF THE CALENDAR SCHOOL YEAR.
- $30,076 spent. GENERAL PROGRAMS - THE PROSCHOLARS ATHLETICS INC GENERAL PROGRAMS PROVIDES MENTORING AND CONTINUED LIFE SKILLS DEVELOPMENT AND SUPPORT FOR OVER 100 ALUMNI OF ITS SCHOLARSHIP PROGRAM. IN ADDITION, GENERAL PROGRAMS CONSISTS OF THE ADMINISTRATIVE COSTS ASSOCIATED WITH RUNNING ALL ASPECTS OF THE ORGANIZATION.
Source: Form 990 for the year ending August 31, 2025, 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 October 13, 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 August 2025.
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 January 2015.
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 October 21, 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.