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ARETE SCHOLARS FUND INC

DACULA, Georgia, 30019

EIN: 27-2494520

Educational Institutions and Related Activities

DEMOGRAPHIC

ADDRESS
3615 BRASELTON HWY
30019
COUNTY
gwinnett county, GA
IN CARE OF NAME
GREG BEADLES

ORGANIZATIONAL OVERVIEW & RANKINGS

ARETE SCHOLARS FUND INC is a based in DACULA, GA, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in August 2010, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $10,292,233.00, this ranks 57,465 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,292 out of 84,731 organizations in GA (Top 2%).

In gwinnett county, GA, the organization ranks 44 out of 6,661 nonprofits by assets (Top 1%), while locally in dacula, it stands at 2 among 338 organizations (Top 1%).

The organization reported annual revenue of $6,176,961.00, ranking 41,992 nationally (Top 2%) and 964 in GA (Top 2%).

Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, ARETE SCHOLARS FUND INC ranks 324 in assets (Top 2%) and 99 in revenue (Top 1%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
7: $5,000,000 to $9,999,999
INCOME AMOUNT
$6,176,961.00
FORM 990 REVENUE AMOUNT
$6,176,961.00
RULING DATE
08/2010
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$10,292,233.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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