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Organizations Education Arete Scholars Fund Inc

Arete Scholars Fund Inc

Fiscal year ending 2021. Filed on May 16, 2022.

3617 Braselton Hwy No 101
Dacula, Georgia 30019

Arete Scholars Fund Inc (EIN: 27-2494520) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Arete Scholars Fund Inc, a 501(c)(3) charitable organization, reported compensation for 2 out of 4 total employees. Among the employees shown here, the average compensation is $100,607. The highest compensated employee at Arete Scholars Fund Inc is Derek Monjure with fiscal year 2021 compensation of $141,214.

Revenue, expenses, and employee compensation

Revenue

$4,355,145

Expenses

$4,538,562

Employee compensation

$397,435
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Derek Monjure
Vice President Through 1/31/21 / Board Member
$141,214
$129,466 No related comp$11,748
James Smith
President
$60,000
$60,000 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Al Petrangeli
Treasurer
Chris Prince
Vice President
Gregory Beadles
Board Chair
Terry Tucker
Secretary

Mission Statement

TO HELP ECONOMICALLY DISADVANTAGED CHILDREN DISCOVER AND USE THEIR UNIQUE GIFTS AND TALENTS THROUGH EDUCATIONAL OPPORTUNITY.

Revisions to this organization profile

November 5, 2025:
Amended (originally filed April 16, 2025)2024 Arete Scholars Fund Inc 990 filed
May 15, 2024:
2023 Arete Scholars Fund Inc 990 filed
May 15, 2023:
2022 Arete Scholars Fund Inc 990 filed

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