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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Scholarship America Inc.

Scholarship America Inc.

Fiscal year ending 2024. Filed on August 27, 2025.

7900 International Dr 500
Minneapolis, Minnesota 55425

Scholarship America Inc. (EIN: 04-2296967) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Scholarship America Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 236 total employees. Among the employees shown here, the average compensation is $253,000. The highest compensated employee at Scholarship America Inc. is Michael Nylund with fiscal year 2024 compensation of $364,436.

Revenue, expenses, and employee compensation

Revenue

$259,860,246

Expenses

$243,305,423

Employee compensation

$14,674,148
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Nylund
President and Chief Executive Officer
$364,436
$330,541 No related comp$33,895
Richard Greene
Chief Financial Officer
$310,273
$262,417 No related comp$47,856
Abigail Seldin
Chief Growth Officer
$257,318
$245,632 No related comp$11,686
Jennifer Menke
Vice President, Human Resources
$238,440
$207,879 No related comp$30,561
Kimberly Hanson
Vice President Partner Solutions
$224,006
$196,552 No related comp$27,454
Jonell Sanchez
Chief Product and Technology Officer
$198,896
$191,348 No related comp$7,548
Nicholas Leonard Mason
General Counsel
$177,633
$149,569 No related comp$28,064

Benchmark Employee Compensation

Non-Employee Board Members

Alain Karaoglan
Trustee
Angel Perez
Trustee
Autumn Manning
Trustee
Barbara McBee
HRT Chair PRO TEM
Bill Young
Trustee
Daniel Lee
Trustee
Dick Schwab
Trustee
Hazel McNeilage
Treasurer, Finance and Investment Committee Chair
Jim Dlugos
Governance Committee Chair
Joe Palombo
Trustee
Lucinda Robb
Trustee
Michael Maney
Chair of the Board of Trustees

Contractors

3CLOUD LLC
Technology Consultant
$783,841
Cdw Direct
Technology Hardware
$371,257
Beam Inc.
Technology SaaS Provider
$307,176
Intuitive Technology Group Inc.
Staff Augmentation
$298,097
Letter B LLC
Technology Consultant/Development
$270,310

Mission Statement

SEE SCHEDULE OSCHOLARSHIP AMERICA IS A NATIONAL EDUCATION SERVICE ORGANIZATION. . WE'RE COMMITTED TO CREATING A WORLD WHERE EVERY STUDENT CAN ACCESS THE RESOURCES THEY NEED TO LEARN, GROW, AND SUCCEED. OUR EXPERT APPROACH AND FOCUS ON STUDENTS FACING FINANCIAL CHALLENGES HELP BREAK DOWN BARRIERS AND OPEN DOORS TO EDUCATION. SCHOLARSHIP AMERICA HAS DISTRIBUTED MORE THAN $5.7 BILLION IN SCHOLARSHIP ASSISTANCE TO MORE THAN 3.2 MILLION STUDENTS SINCE 1958. PROGRAMS INCLUDE DOLLARS FOR SCHOLARS, EMERGENCY AID, THE DREAM AWARD SCHOLARSHIP PROGRAM, AND SCHOLARSHIP MANAGEMENT SERVICES.

Revisions to this organization profile

August 27, 2025:
2024 Scholarship America Inc. 990 filed
March 19, 2025:
Amended (originally filed September 4, 2024)2023 Scholarship America Inc. 990 filed
August 15, 2023:
2022 Scholarship America Inc. 990 filed

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