Scholarship America Inc: CEO salary, finances and where donations go
“Eliminate barriers to educational success so that any student can pursue their dream.”
Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.
Methodology by Amir Arani, CPA, CA · Updated
We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.
No reported asset diversions, no insider transactions, no fundraisers keeping most of the money, and the governance policies we check for are in place.
For each dollar donated, Scholarship America spent 1¢ on fundraising.
Fundraising ÷ $236.4M contributions · Form 990 Parts VIII, IXThe charity's own description of its largest programs, with what each cost.
Dollars for scholars is a national network of 424 community-based, volunteer-driven affiliated organizations that raise funds and provide scholarships and educational support to local students in communities across the country.
Net assets at each fiscal year end, 2013 to 2025.
Reportable pay in 2025, from the charity and related organizations.
| Contractor | Service | Paid |
|---|---|---|
| Submittable | Technology services | $4,434,000 |
| Cdw Direct LLC | Technology hardware | $1,183,430 |
| Intuitive Technology Group Inc | Staff augmentation | $1,143,063 |
| Beam Inc | Technology saas provider | $691,288 |
| Dentons US Llp | Consulting services | $420,294 |
Short, sourced answers. Each one stands on its own.
Michael Nylund, President and CEO, received $400,913 in reportable compensation in 2025, 0.2% of Scholarship America's $254.9M in spending.
Form 990 (2025), Part VIIScholarship America reported 93.9% of 2025 spending as programs, 0.8% as fundraising and 5.3% as management.
Form 990 (2025), Part IXNet assets were $144.6M at the end of 2025, about 6.8 months of spending.
Form 990 (2025), Part XIts latest Form 990 triggered none of our twelve screening rules, which cover reported asset diversions, insider transactions, fundraiser costs, governance policies and spending patterns.
Form 990 (2025)Amir Arani, “Scholarship America: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/scholarship-america/