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Filing year 2023

GReat Aspirations Scholarship Program Inc

Richmond, Virginia·EIN 52-1277427·NTEE B82Z · Education·3
Total revenue
$2.7M
Total assets
$8.1M
Total expenses
$2.2M
Reported officers
22
Mission

GRASP's mission is to help all students and their families, with a focus on financially disadvantaged households, by: giving inspiration and hope that their goals are attainable; assisting them with the financial aid process and awarding scholarships; and supporting them in the attainment of their post-secondary goals at the lowest possible cost. GRASP is the only organization in the regions we serve that is primarily focused on assisting students with the postsecondary financial aid process and scholarship searching for all students. Financial aid is critical to increasing college access and success and is most effective when students and families learn about it early enough to make informed choices and plans. GRASP fills a substantial gap in the college access and success pipeline and fulfills our mission to ensure that every student has an equal opportunity for continuing education after high school through a balanced continuum of services.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

President and CEO
$148k
$161k
Chief Compliance Officer
officer (unspecified)
$88k
$97k
Chief Financial Officer
$55k
$60k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 19 unpaid individuals.

Browse compensation in Education

Up 2%
from 2022

From $145k in 2022 to $148k in 2023.

$145k
2022
$148k
2023
In today's dollarsEst.
Down 2% in real terms$165k to $161k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

GReat Aspirations Scholarship Program Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.3M
$2M
2022
$2.7M
$2.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Virginia

Comparable education organizations in Virginia pay their highest-earning executive a median of $103,585.

25th percentile
$39k
Median
$103,585
75th percentile
$249k
90th percentile
$462k

These are education sector-wide figures, not this organization's reported pay. Based on 263 organizations across 263 filings (2021 – 2023).

See full Education pay data for Virginia
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