Share |

Alray Taylor Second Chance Scholarship Fund Corporation

 PO Box 960400
 Boston, MA 02196
[P] (617) 395-6862
[F] (617) 395-6862
www.alray.org
jaltman@alray.org
Janet Altman
Facebook Twitter
INCORPORATED: 2009
 Printable Profile (Summary / Full)
EIN 27-0955022

LAST UPDATED: 05/11/2017
Organization DBA Alray Scholars Program
Alray Scholarship Fund
The Alray Fund
Alray Taylor Second Chance Mentoring
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years No

Summary

Mission StatementMORE »

The Alray Scholars Program is a grassroots nonprofit that fulfills a critical but otherwise unmet need in the Boston area. Combining scholarships with one-on-one mentoring, we help graduates of Boston Public Schools who started but stopped college return to school to earn their degree.

While there are many good programs that help launch Boston students into college, and some that work to keep them enrolled, the Alray Scholars Program is alone in focusing on the reality faced by the many students who have left college before earning their degree. The unfortunate truth is that, because of debt issues, low-income students who start college but fail to graduate are usually worse off than those who never started at all.

The Alray Scholars Program is delivering results by helping promising students change the trajectory of their life. Our scholars are earning their post-secondary diplomas and gaining the added earning power that comes with that achievement. And after they graduate, they’re paying it forward by mentoring new students coming into the program.

Mission Statement

The Alray Scholars Program is a grassroots nonprofit that fulfills a critical but otherwise unmet need in the Boston area. Combining scholarships with one-on-one mentoring, we help graduates of Boston Public Schools who started but stopped college return to school to earn their degree.

While there are many good programs that help launch Boston students into college, and some that work to keep them enrolled, the Alray Scholars Program is alone in focusing on the reality faced by the many students who have left college before earning their degree. The unfortunate truth is that, because of debt issues, low-income students who start college but fail to graduate are usually worse off than those who never started at all.

The Alray Scholars Program is delivering results by helping promising students change the trajectory of their life. Our scholars are earning their post-secondary diplomas and gaining the added earning power that comes with that achievement. And after they graduate, they’re paying it forward by mentoring new students coming into the program.


FinancialsMORE »

Fiscal Year July 01, 2015 to June 30, 2016
Projected Income $100,000.00
Projected Expense $100,800.00

ProgramsMORE »

  • Scholarships and mentoring

Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

The Alray Scholars Program is a grassroots nonprofit that fulfills a critical but otherwise unmet need in the Boston area. Combining scholarships with one-on-one mentoring, we help graduates of Boston Public Schools who started but stopped college return to school to earn their degree.

While there are many good programs that help launch Boston students into college, and some that work to keep them enrolled, the Alray Scholars Program is alone in focusing on the reality faced by the many students who have left college before earning their degree. The unfortunate truth is that, because of debt issues, low-income students who start college but fail to graduate are usually worse off than those who never started at all.

The Alray Scholars Program is delivering results by helping promising students change the trajectory of their life. Our scholars are earning their post-secondary diplomas and gaining the added earning power that comes with that achievement. And after they graduate, they’re paying it forward by mentoring new students coming into the program.


Background Statement

Sometimes, just making it to college is not enough.

Urban high school students often have to navigate a minefield of obstacles and distractions to get to college. But once they get on campus, too many find that their college careers can be easily derailed. A landmark study by Northeastern University that tracked the graduates of Boston Public Schools from the Class of 2000 who went on to attend a two- or four-year college found that nearly two-thirds of them failed to earn a degree. A followup study from The Boston Foundation released in 2011 found that a staggering 72 percent of BPS non-exam school graduates who went on to college failed to earn either an Associate's or a Bachelor's degree.

The Alray Taylor Second Chance Scholarship Foundation, a 501(c)(3) non-profit organization, is designed to help address the urgent need highlighted in those studies. Our scholarship and mentoring organization works with promising students from Boston who had the smarts and drive to get to college but who need some crucial assistance in finding a way back there.

The Second Chance referred to in the name of the fund encompasses more than just financial assistance. Each scholarship recipient is teamed with a dedicated mentor who can offer guidance and support, with the goal of helping the student avoid the missteps of the past and expand his/her horizons. The scholarship recipients become part of the Second Chance community, eventually helping to mentor other students down the line.

The scholarship is named after Alray Taylor, a warm-hearted former basketball star at Boston’s Charlestown High School and Division I college scholarship athlete whose life was tragically cut short in 2006.


Impact Statement

Key accomplishments of the past year:
 
1. Formalized and structured mentoring program and attained the highest level of partnership status with Mass Mentoring
2.  Selected to take part in the Boston Mayor's Mentoring Movement
3.  Helping to keep more than 85% of our current scholarship recipients enrolled in college
4.  Posted 100% increase in number of scholars applications as well as a 10% increase in recipients awarded an initial Alray scholarship
5.  Awarded prestigious three-year transformative grant for capacity building 
 
Goals for this year 
1. Increase funding for our scholarship program so we can assist more students, and assist each student with more substantial dollars
2. Continue to formalize and structure programs and policies
3. Establish new partnerships with organizations that can assist our students with career counseling and employment opportunities
 
 
 

Needs Statement

1. Raise $20,000, so we can continue to award renewal scholarships to our existing scholars 
2. Raise $6,000 to upgrade our website and increase our social media presence, to attract potential applicants, mentors and donors
3. Find creative ways to help scholars deal with serious problem of past college debt 
4. Raise $3,00 to deepen training for our mentors
5. Raise $12,000 to hire a second part-time staff person to assist with the mentoring component of our program 
 

CEO Statement

The special nature of the Alray Scholars Program stems from the caring, compassion and drive from our board members, volunteers and scholars. Since we are a small organization, we have the opportunity to get to know our scholars and volunteers. The intimate connections propel all of us to dig deep and do what we can to assist our scholars.  To some degree we are like a family.  
 
I am in awe and admiration of how our scholars balance working full time, going to school, meeting family obligations and paying the bills.  It is a hard road and our students often struggle.  Each Alray mentor, supported by the wider organization, works closely with his/her scholar to overcome hurdles. Our goal is to empower our students so they have the tools necessary to earn a degree and change the trajectory of their life.  
 
Our board is made up of dedicated volunteers who care deeply about the Boston community.  All of them take an active role in the running of the organization.  What is especially heartwarming is that we have three board members who played basketball with Alray Taylor (the namesake of our organization), as well as Alray's former coach. They are all deeply invested in making Boston better, and they see the tremendous importance of helping graduates of Boston Public Schools "close the deal" with the college efforts, so they can be in the best position to move forward with their lives.
 

Board Chair Statement

The Alray Scholars Program is an organization that grew out of a large unmet need in Boston. While there have long been very good programs that focus on helping promising urban students from Boston get to college, support for students trying to return to college after having suffered a setback has been painfully absent. Alray is a volunteer-powered nonprofit that thinks big. Through mentoring and scholarships, we work to help promising students change the direction of their lives by completing college. But the organization also thinks small, in terms of its intimate knowledge of the scholars and their lives. In selecting students for the program, we don't focus on traditional benchmarks like grade point average. Instead, we look for readiness. Since Alray Scholars are by definition students who suffered some kind of setback that took them off the college or post-secondary path, we're looking for them to demonstrate that they're ready to commit fully to completion this time around. And once they've achieved their educational goal, we hope their association with the Alray program has just begun. Our goal is for all our graduates to pay it forward by remaining involved in the organization, sharing their experiences with future scholars. Already, several of our graduates are serving in important roles in our organization, including one who co-chairs our admissions committee that selects future scholars.  

Geographic Area Served

City of Boston- Citywide (Indiv. neighborhoods also listed)

Candidates for the Alray Taylor Second Chance Scholarship must have:

Graduated from a Boston public high school or a Boston charter high school, or received a GED after attending one of these schools; or graduated from the Metco program while residing in Boston.

Organization Categories

  1. Education - Scholarships & Student Financial Aid
  2. Public & Societal Benefit - Fund Raising & Fund Distribution
  3. Community Improvement, Capacity Building -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

No

Programs

Scholarships and mentoring

Alray Scholars works closely with students who have the potential and drive to return to school and obtain either a college or vocational degree.  We provide them with financial assistance and match them with a volunteer mentor who works with them to set and achieve goals and problem solve obstacles.
Budget  40,000
Category  Education, General/Other Student Financial Aid
Population Served College Aged (18-26 years) Poor,Economically Disadvantaged,Indigent
Program Short-Term Success 
We work with students to get their "college financial house in order."  Many of these students have old college debt that needs to be paid before they can resume their college education.  We help them plan, budget, seek other financial assistance, and find the resources to return to school.  We also help them with overall financial literacy and job hunting skills.
Program Long-Term Success 
Our ultimate goal is to change the trajectory of the lives of our scholars.  If they obtain their degrees, they will be more likely to have a stable career path, earn an income sufficient to support their families, and have successful life outcomes.
Program Success Monitored By 
We conduct an annual review of the number of applicants and the graduation rate.  However, it is important to remember that our students face a wide array of challenges and obstacles.  Moreover, we do not simply accept students who are a "sure bet."  Rather, we select students who have potential and drive; unfortunately, many of these students have extremely complicated lives and face daunting challenges.  We select students with promise who have nowhere else to turn. Other groups may select students with the highest GPA or the most impressive resume.  While we only select students whom we believe have the capacity to complete the program and graduate, we understand that sometimes, we have to take "reasonable risks" with some students.  We are committed to those students who are often overlooked, but with the proper support and resources, will succeed.
Examples of Program Success 
We are a small program that leverages our size into intimate connections that lead to big changes in the lives of our scholars.  We have so far helped seven students graduate, from schools like Northeastern and Norwich Academy.  Our scholars are often the ones who other colleges give up on--which can lead  our scholars to give up on themselves.  Liz Cabrera is a graduate of our program. 

Elizabeth Cabrera was born in the Dominican Republic and went to middle and high school in Boston. She began studying law at a university in San Domingo, but after a few false starts, Liz found herself back in Massachusetts. With her education on hold, she needed to find a job and begin a new life. Eventually, she was able to enroll at Bay State College and earned her Associate’s degree in Computer Science. In 2006, Liz began pursuing a Bachelor’s degree in psychology.

For both personal and financial reasons, she was forced several times to put her education on hold. But she never took her eye off the prize of earning that degree. With the help of the Alray Scholars Program, Liz completed her degree at Northeastern University in the summer of 2012. 
 


CEO/Executive Director/Board Comments

--

Management


CEO/Executive Director Ms. Janet Altman
CEO Term Start July 2014
CEO Email jaltman@alray.org
CEO Experience --
Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
-- -- --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? No
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

--

CEO/Executive Director/Board Comments

--

Foundation Comments

--

Staff Information

Number of Full Time Staff 0
Number of Part Time Staff 1
Number of Volunteers 50
Number of Contract Staff 5
Staff Retention Rate % 100%

Staff Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 1
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 1
Male: 0
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? Yes
Years Strategic Plan Considers N/A
Management Succession Plan No
Business Continuity of Operations Plan No
Organization Policies And Procedures No
Nondiscrimination Policy Yes
Whistle Blower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy Yes
State Charitable Solicitations Permit --
State Registration --

Risk Management Provisions

--

Reporting and Evaluations

Management Reports to Board? N/A
CEO Formal Evaluation and Frequency N/A N/A
Senior Management Formal Evaluation and Frequency N/A N/A
Non Management Formal Evaluation and Frequency N/A N/A

Governance


Board Chair Mr. Neil Swidey
Board Chair Company Affiliation The Boston Globe
Board Chair Term Sept 2009 -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Mr. Corey Allen Madison Park Development Corp. Voting
Mr. Lee Bertram Eaton Vance Voting
Mr. Frank Brayer Live Nation Voting
Ms. Anne Comber Friends of Blue Hills Voting
Ms. Sue Cuyler Primary Source Voting
Mr. Kevin Fudge American Student Assistance Voting
Ms. Heidi Guarino Education First Voting
Mr. Jack O'Brien Boston Public Schools Voting
Mr. Nicolas Souffrant Merrill Lynch Voting
Mr. Neil Swidey The Boston Globe Voting
Ms. Altia Taylor Student Exofficio
Mr. Ian Urquhart Prince Lobel Tye LLP Voting
Mr. Ed Walker President Independent Consultants of Education Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
Heather Barry Tufts NonVoting
Elizabeth Cabrera non-profit sector NonVoting
Lisa Fliegal Trauma therapist NonVoting
Michael Fung Retired, Boston Public Schools Asst. Superintendent NonVoting
Lemma Jarudi Administrator, Boston Public Schools NonVoting
Thaddeus Miles Mass Housing, Dir. of Public Safety NonVoting
Tom Nardone Business Consultant NonVoting
Justin Rice The Boston Globe NonVoting
Alice Richardson Community Volunteer NonVoting
Ms Ann Scales University of Massachusetts NonVoting
Michael Wanyo business consultant NonVoting
Keyana Washington ESL, Boston Public Schools NonVoting

Board Demographics

Ethnicity African American/Black: 5
Asian American/Pacific Islander: 0
Caucasian: 8
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 4
Male: 9
Not Specified 0

Board Information

Board Term Lengths 1
Board Term Limits 0
Board Meeting Attendance % 65%
Written Board Selection Criteria Yes
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions 100%
Constituency Includes Client Representation Yes

Standing Committees

  • --
  • Administration
  • Advisory Board / Advisory Council
  • Communications / Promotion / Publicity / Public Relations
  • Community Outreach / Community Relations
  • Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
  • Scholarship

CEO/Executive Director/Board Comments

--

Foundation Comments

--

Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Fiscal Year July 01, 2015 to June 30, 2016
Projected Income $100,000.00
Projected Expense $100,800.00
Form 990s

2016 Form 990-EZ

2015 Form 990-EZ

2014 Form 990-EZ

2013 Form 990-EZ

2012 Form 990-EZ

2011 Form 990-EZ

2010 Form 990-EZ (short year, covers 10 months, Sept. 2009 - June 2010)

Audit Documents --
IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2016 2015 2014
Total Revenue $76,804 $153,614 $25,749
Total Expenses $92,027 $78,756 $28,221

Prior Three Years Revenue Sources

Fiscal Year 2016 2015 2014
Foundation and
Corporation Contributions
-- -- --
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $76,603 $153,356 $23,481
Indirect Public Support -- -- --
Earned Revenue -- -- --
Investment Income, Net of Losses $201 $258 $215
Membership Dues -- -- --
Special Events -- -- $2,053
Revenue In-Kind -- -- --
Other -- -- --

Prior Three Years Expense Allocations

Fiscal Year 2016 2015 2014
Program Expense $87,029 $73,038 $24,205
Administration Expense $4,998 $3,818 $2,116
Fundraising Expense -- $1,900 $1,900
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 0.83 1.95 0.91
Program Expense/Total Expenses 95% 93% 86%
Fundraising Expense/Contributed Revenue 0% 1% 7%

Prior Three Years Assets and Liabilities

Fiscal Year 2016 2015 2014
Total Assets $169,745 $184,417 $109,559
Current Assets $169,745 $184,417 $109,559
Long-Term Liabilities $0 $0 $0
Current Liabilities $551 $0 $0
Total Net Assets $169,194 $184,417 $109,559

Prior Three Years Top Three Funding Sources

Fiscal Year 2016 2015 2014
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value --
Spending Policy --
Percentage(If selected) --
Credit Line No
Reserve Fund Yes
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2016 2015 2014
Current Ratio: Current Assets/Current Liabilities 308.07 -- --

Long Term Solvency

Fiscal Year 2016 2015 2014
Long-term Liabilities/Total Assets 0% 0% 0%

CEO/Executive Director/Board Comments

--

Foundation Comments

Financial summary data in the charts and graphs above are per the organization's IRS Form 990EZs.  Contributions from foundations and corporations are listed under individuals when the breakout was not available.
 
The fiscal year 2010 Form 990EZ posted above covers approximately a 10 month period, from Sept. 17, 2009 - June 30, 2010. The organization received its own IRS 501(c)(3) status in 2010, after being fiscally sponsored, since January 2008, by the C-town Spirit & Entrepreneurship Education Foundation, as noted above on the last page of the fiscal year 2010 Form 990EZ.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

Our goal is to help our scholars earn their college or other post-secondary degree, find a stable career path, and achieve incomes that enable them to support their families.  We are also committed to involving the scholars themselves in the organization and challenging them to provide feedback which will help us reach more students who are struggling.

2. What are your strategies for making this happen?

--

3. What are your organization’s capabilities for doing this?

--

4. How will your organization know if you are making progress?

--

5. What have and haven’t you accomplished so far?

--