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purduenm

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1 reviews

Review for The National Society of Collegiate Scholars, Washington, DC, USA

Rating: 1 stars  

Check out their IRS 990 before joining and Google Pipe Dream and the name of this organization. A 3.4 is not even Deans List at most colleges (the mean for Deans list is somewhere between 3.5 and 3.7, but there are colleges with lower cutoffs). If I see this group on a student resume I assume the student is not able to actually investigate anything and they do not have critical thinking skills. It is a NEGATIVE for me when considering them. Save your money and throw the invite in the trash (along with the one that comes for your parents a little later in the mail). Also google their IRS 990 (just put in that and the name) and look at how the "executive compensation" goes up every year. The CEO Loflin was paid 257,667 in 2014 (last available year) plus another 23,252 in other benefits. Gibbs was paid 193,497 plus 19,507. As far as I can tell they gave 164,256 in grants and scholarships to 326 students total (less than 2% of income), while paying a total of 1.9 million dollars in salaries and wages. It makes me furious that they con my hard working students into paying money they cannot spare while taking huge salaries for themselves.
Added: They tell me via email they have improved so I went and made the effort to find the more recent IRS 990 for 2015. Revenue 7.3 million. CEO pay $248,000 plus $40,000 other compensation. The group spent over 1.5 million on "postage services" , 127,000 on marketing and gave 451 scholarships totaling 485,180. You can find more details yourself by looking up yourself.
Newest IRS 990 from 2017. Over 7 million gross receipts. Paid out about 384,000 in grants. Paid 1,985,000 in salaries. Spent 4,457,560 on other expenses (over 2 million on office expenses). CEO got 264,000 salary and 27,500 other compensation. That makes grants a tad more than five percent of the gross income.

Role:  General Member of the Public