BETA

COLLEGE FOR SOCIAL INNOVATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
COLLEGE FOR SOCIAL INNOVATION INC (EIN 47-4425987)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-15
IRS object ID
202521359349313257
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-15T15:12:06-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390859910PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAKER TILLY ADVISORY GROUP LPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11 HIGHWOOD DRIVEAddressLine1Txt
CityTEWKSBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01876ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN474425987EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COLLEGE FOR SOCIAL INNOVATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOLLBusinessNameControlTxt
Phone6179100071PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line189 SOUTH STREET 407AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonERIC SCHWARZPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone6179100071PhoneNum
Signature2025-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW KALIL CPA MBAPreparerPersonNm
PTINP01517069PTIN
Phone9785575300PhoneNum
Preparation2025-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerERIC SCHWARZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line189 SOUTH STREET 407AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,059,141GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressCOLLEGEFORSOCIALINNOVATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO EDUCATE AND INSPIRE THE NEXT GENERATION OF PROBLEM SOLVERS.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee52TotalEmployeeCnt
Total Volunteers177TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,106,357PYContributionsGrantsAmt
CY Contributions Grants$1,943,753CYContributionsGrantsAmt
PY Program Service Revenue$1,170,215PYProgramServiceRevenueAmt
CY Program Service Revenue$1,111,607CYProgramServiceRevenueAmt
PY Investment Income$3,253PYInvestmentIncomeAmt
CY Investment Income$3,781CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,279,825PYTotalRevenueAmt
CY Total Revenue$3,059,141CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,516,020PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,734,077CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$177,658CYTotalFundraisingExpenseAmt
PY Other Expenses$990,806PYOtherExpensesAmt
CY Other Expenses$1,100,684CYOtherExpensesAmt
PY Total Expenses$2,506,826PYTotalExpensesAmt
CY Total Expenses$2,834,761CYTotalExpensesAmt
PY Revenues Less Expenses-$227,001PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$224,380CYRevenuesLessExpensesAmt
Total Assets BOY$2,326,951TotalAssetsBOYAmt
Total Assets EOY$2,181,179TotalAssetsEOYAmt
Total Liabilities BOY$1,849,539TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,479,387TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$477,412NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$701,792NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO EDUCATE AND INSPIRE THE NEXT GENERATION OF PROBLEM SOLVERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,999,097ExpenseAmt
Revenue$1,111,607RevenueAmt
DescCOLLEGE FOR SOCIAL INNOVATION (CFSI) IS A NEW COLLEGE PARTNERSHIP MODEL WITH A MISSION OF EDUCATING AND INSPIRING THE NEXT GENERATION OF PROBLEM SOLVERS. OUR MODEL PROVIDES OPPORTUNITIES FOR DIVERSE COHORTS OF COLLEGE STUDENTS TO EARN A FULL SEMESTER OF CREDIT FOR WELL-SUPPORTED FELLOWSHIPS IN NON-PROFITS, THE PUBLIC SECTOR, AND SOCIAL MISSION BUSINESSES. STUDENTS LEARN THROUGH ACTIVE MENTORING, JOB-RELATED ASSIGNMENTS, AND RELATED SEMINARS AND REFLECTION ACTIVITIES, ALL OF WHICH WILL HELP THEM BUILD CAREER-BASED COMPETENCIES, SOCIAL AND EMOTIONAL SKILLS, AND NETWORKS. STUDENTS SERVE FOUR DAYS A WEEK WITH HOST ORGANIZATIONS, WORKING UNDER A DEDICATED MENTOR AND ALSO PARTICIPATE IN A FOUNDATION COURSE OFFERED ONE EVENING, "THE SOCIAL INNOVATOR'S TOOL BOX, AND ENGAGE IN A SKILL-BUILDING AND REFLECTIVE COURSE ON FRIDAYS CALLED "BECOMING A PROBLEM SOLVER." PARTICIPATING STUDENTS EARN A FULL 16 CREDITS (OR EQUIVALENT) FROM THEIR HOME COLLEGE WITH NO ADDITIONAL TUITION OR FEES. HOST ORGANIZATIONS ARE ABLE TO INVEST IN FUTURE TALENT THROUGH THE OPPORTUNITY TO MENTOR AND DEVELOP A STUDENT FELLOW. OUR LONG-TERM GOAL IS TO CREATE A BIGGER, BETTER PREPARED, AND MORE DIVERSE TALENT PIPELINE FOR THE SOCIAL SECTOR.IN THE DYNAMIC LANDSCAPE OF EDUCATION AND PROFESSIONAL DEVELOPMENT, OUR STUDENT RESULTS AND MENTOR EVALUATIONS IN FISCAL YEAR 2024 SPEAK TO THE TRANSFORMATIVE IMPACT WE'VE HAD ON OUR FELLOWS AND HOST ORGANIZATIONS. OUR NEWEST FRAMEWORK, B-CREL (BUILDING CAREER READINESS THROUGH EXPERIENTIAL LEARNING), ALLOWS STUDENTS TO SELF-ASSESS THEIR GROWTH ACROSS 20 CORE COMPETENCIES AT THE BEGINNING AND END OF THE SEMESTER, WHILE THEIR MENTORS PROVIDE MIDTERM AND FINAL EVALUATIONS AS PART OF THEIR ACADEMIC GRADE. WE'RE ALSO PILOTING A COMPETENCY-BASED BADGING SYSTEM THAT AWARDS BRONZE, SILVER, AND GOLD RECOGNITION FOR PROGRESS IN EACH OF THESE AREAS. DURING THE FALL OF 2023 AND SPRING OF 2024, OUR FELLOWS SHOWED SIGNIFICANT GROWTH IN ALL 20 WORKFORCE-RELATED COMPETENCIES, THE BIGGEST IMPROVEMENTS LARGELY BEING IN SKILLS EMPLOYERS VALUE MOST, INCLUDING COMMUNICATION, CRITICAL THINKING, AND TEAMWORK ACROSS DIFFERENCES. IN RELATION TO PROFESSIONAL DEVELOPMENT AND PERSONAL GROWTH, 100% OF ALUMNI REPORT GAINING PROFESSIONAL SKILLS, 99% REPORT GATHERING NEW CONNECTIONS WITHIN THEIR PROFESSIONAL NETWORK, AND 98% REPORT BUILDING THE SKILLS TO BECOME A MORE VALUABLE EMPLOYEE. BUT OUR IMPACT IS NOT ONLY LIMITED TO OUR STUDENTS, ONE MENTOR'S COMMENT ILLUSTRATES THE VALUE FELLOWS BRING TO HOST ORGANIZATIONS: "THIS PROGRAM FACILITATED CAPACITY-BUILDING AND ENHANCED MY MANAGERIAL SKILLS. I WHOLEHEARTEDLY RECOMMEND IT TO ANYONE SEEKING MEANINGFUL PROFESSIONAL DEVELOPMENT." IN A LANDSCAPE WHERE ONLY 36% OF BUSINESS LEADERS BELIEVE THAT TRADITIONAL COLLEGES ADEQUATELY PREPARE GRADUATES FOR THE WORKFORCE, OUR HIGH-IMPACT EXPERIENTIAL LEARNING MODEL IS PROVIDING UNPARALLELED PROFESSIONAL DEVELOPMENT AND INDISPENSABLE LIFE SKILLS. IN THE SPRING OF 2024, WE PILOTED A NEW GAP YEAR INITIATIVE WITH DIRECT OUTREACH TO STUDENTS WHO HAD NOT YET ENROLLED IN COLLEGE OR HAD LEFT COLLEGE AND WERE LOOKING FOR A DIFFERENT KIND OF EDUCATIONAL EXPERIENCE. WE SERVED 10 SUCH STUDENTS AND NOTED THAT OVERALL, GAP STUDENTS THRIVED IN THEIR INTERNSHIPS, RECEIVED GOOD FEEDBACK FROM MENTORS, AND FIT IN WELL WITH THEIR COHORT. WE ALSO SAW WAYS IN WHICH OUR PROGRAMS DRAMATICALLY ACCELERATED THEIR SKILLS, MATURITY, AND NETWORKS, AND PUT THEM ON BETTER POST-SECONDARY PATHWAYS. AS PART OF OUR GO-TO-MARKET STRATEGY WE HAVE BECOME A MEMBER OF THE GAP YEAR ASSOCIATION, DEVELOPED RELATIONSHIPS WITH APPROXIMATELY 25 DEDICATED GAP YEAR COUNSELORS AND COMMUNITY-BASED ORGANIZATIONS, AND NEGOTIATED WITH NEW VENDING PARTNERS FOR DIRECT INTRODUCTIONS TO 100 INDEPENDENT EDUCATIONAL COUNSELORS. WITHIN JUST MONTHS OF OUR GAP YEAR PILOT LAUNCH, THESE EFFORTS HAVE RESULTED IN OUR SEMESTER IN THE CITY PROGRAM BECOMING A TOP 50 (OF APPROXIMATELY 650) RANKED GAP YEAR PROGRAM AMONG KEY DISCOVERY PLATFORMS.IN JULY OF 2023, WE BEGAN WORKING UNDER THE FIRST YEAR OF AN AMERICORPS NATIONAL DIRECT GRANT. OUR SUCCESSFUL IMPLEMENTATION OF AMERICORPS PROGRAMS LED TO CFSI COLLECTING OUR FULL GRANT FUNDING, SUCCESSFUL CLEARING OF FEDERAL GRANT COMPLIANCE, AND ALLOWED US TO RAISE CFSI'S NATIONAL PROFILE THROUGH AMERICORPS CONFERENCES AND NETWORKING.Desc
Total Program Service Expenses$1,999,097TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee52EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6179100071PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line189 SOUTH STREET 407AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
TULAINE MONTGOMERY
DIRECTOR5.00Yes (X)$0$0$0
LISA BUTLER
DIRECTOR5.00Yes (X)$0$0$0
JAMES ATWOOD
DIRECTOR5.00Yes (X)$0$0$0
ADRIA GOODSON
DIRECTOR5.00Yes (X)$0$0$0
MARQUIS TAYLOR
DIRECTOR5.00Yes (X)$0$0$0
DENNIS HANNO
DIRECTOR5.00Yes (X)$0$0$0
TOM CRAIG
TREASURER5.00Yes (X)$0$0$0Yes (X)
ERIC SCHWARZ
CEO/PRESIDENT40.00Yes (X)$193,683$0$24,468Yes (X)
DOLITA CATHCART
CHIEF PROGRAM OFFICER40.00$118,101$0$9,347Yes (X)
LIHUAN LAI
CHIEF OPERATING OFFICER (UNTIL FEB '24)40.00$103,643$0$1,663Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$415,427TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$35,478TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$892,935GovernmentGrantsAmt
All Other Contributions$1,050,818AllOtherContributionsAmt
Noncash Contributions$31,715NoncashContributionsAmt
Total Contributions$1,943,753TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE FEESDesc
Business611310BusinessCd
Total Revenue Column$1,111,607TotalRevenueColumnAmt
Related Or Exempt Func Income$1,111,607RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,111,607TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,781TotalRevenueColumnAmt
Exclusion$3,781ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,059,141TotalRevenueColumnAmt
Related Or Exempt Func Income$1,111,607RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,781ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$365,195TotalAmt
Program Services$312,450ProgramServicesAmt
Management And General$18,260ManagementAndGeneralAmt
Fundraising$34,485FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,117,575TotalAmt
Program Services$834,005ProgramServicesAmt
Management And General$200,403ManagementAndGeneralAmt
Fundraising$83,167FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$129,410TotalAmt
Program Services$98,063ProgramServicesAmt
Management And General$22,379ManagementAndGeneralAmt
Fundraising$8,968FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$121,897TotalAmt
Program Services$94,098ProgramServicesAmt
Management And General$18,225ManagementAndGeneralAmt
Fundraising$9,574FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$42,909TotalAmt
Management And General$42,909ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$121,556TotalAmt
Program Services$62,500ProgramServicesAmt
Management And General$51,556ManagementAndGeneralAmt
Fundraising$7,500FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$22,036TotalAmt
Program Services$17,117ProgramServicesAmt
Management And General$3,179ManagementAndGeneralAmt
Fundraising$1,740FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$51,769TotalAmt
Program Services$7,514ProgramServicesAmt
Management And General$42,760ManagementAndGeneralAmt
Fundraising$1,495FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$61,505TotalAmt
Management And General$59,443ManagementAndGeneralAmt
Fundraising$2,062FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$8,110TotalAmt
Program Services$8,110ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$5,983TotalAmt
Program Services$5,983ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,269TotalAmt
Program Services$1,269ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$25,707TotalAmt
Program Services$22,600ProgramServicesAmt
Management And General$3,107ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STUDENT HOUSING$554,395$360,357$188,494$5,544
PROGRAM STUDENT COSTS$182,822$175,031$7,291$500
CREDIT LOSS EXPENSE$22,623$22,623

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,834,761TotalAmt
Program Services$1,999,097ProgramServicesAmt
Management And General$658,006ManagementAndGeneralAmt
Fundraising$177,658FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$276,479BOYAmt
EOY$230,978EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$201,105BOYAmt
EOY$265,861EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$102,171BOYAmt
EOY$276,912EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$29,348BOYAmt
EOY$72,643EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$17,765LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$12,218LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,849BOYAmt
EOY$5,547EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,712,999BOYAmt
EOY$1,329,238EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,326,951BOYAmt
EOY$2,181,179EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$58,766BOYAmt
EOY$86,225EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$44,350BOYAmt
EOY$15,146EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,746,423BOYAmt
EOY$1,378,016EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,849,539BOYAmt
EOY$1,479,387EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$472,412BOYAmt
EOY$546,792EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,000BOYAmt
EOY$155,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$477,412BOYAmt
EOY$701,792EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,326,951BOYAmt
EOY$2,181,179EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$224,380ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,178,644CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$971,452CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,130,777CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,106,357CurrentTaxYearMinus1YearAmt
Current Tax Year$1,943,753CurrentTaxYearAmt
Total$6,330,983TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,126,260CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,049,014CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,330,965CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,170,215CurrentTaxYearMinus1YearAmt
Current Tax Year$1,111,607CurrentTaxYearAmt
Total$5,788,061TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,304,904CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,020,466CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,461,742CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,276,572CurrentTaxYearMinus1YearAmt
Current Tax Year$3,055,360CurrentTaxYearAmt
Total$12,119,044TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$508,595CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$145,317CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$507,031CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$733,967CurrentTaxYearMinus1YearAmt
Current Tax Year$495,728CurrentTaxYearAmt
Total$2,390,638TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$508,595CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$145,317CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$507,031CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$733,967CurrentTaxYearMinus1YearAmt
Current Tax Year$495,728CurrentTaxYearAmt
Total$2,390,638TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$9,728,406PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$85CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$754CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,409CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,253CurrentTaxYearMinus1YearAmt
Current Tax Year$3,781CurrentTaxYearAmt
Total$9,282TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$85CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$754CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,409CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,253CurrentTaxYearMinus1YearAmt
Current Tax Year$3,781CurrentTaxYearAmt
Total$9,282TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,304,989CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,021,220CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,463,151CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,279,825CurrentTaxYearMinus1YearAmt
Current Tax Year$3,059,141CurrentTaxYearAmt
Total$12,128,326TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.80210PublicSupportCY509Pct
Public Support PY5090.78050PublicSupportPY509Pct
Investment Income CY0.00080InvestmentIncomeCYPct
Investment Income PY0.00050InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,765OtherCostOrOtherBasisAmt
Depreciation$12,218DepreciationAmt
Book Value$5,547BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,547TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE RIGHT-OF-USE ASSETSDesc
Book Value$1,329,238BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,329,238TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITYDesc
Amt$1,378,016Amt
FieldValueIRS element (for citing)
Total Liability$1,378,016TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,059,141TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$3,059,141RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,059,141TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,834,761TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,834,761ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,834,761TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. THE ORGANIZATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. AS OF JUNE 30, 2024, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENT OF ACTIVITIES. THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF JUNE 30, 2024. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonERIC SCHWARZPersonNm
TitleCEO/PRESIDENTTitleTxt
Base Compensation Filing Org$193,683BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$24,468NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$218,151TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$31,715NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE FULL 990 IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO ITS FILING.
FORM 990, PART VI, SECTION B, LINE 12CONCE EACH CALENDAR YEAR, EMPLOYEES, BOARD MEMBERS AND ANYONE WITH FIDUCIARY DUTIES WITHIN THE ORGANIZATION THAT CAN INFLUENCE ACTIONS OF THE COLLEGE FOR SOCIAL INNOVATION (CFSI) MUST DISCLOSE POTENTIAL CONFLICT THAT MIGHT ARISE BETWEEN CFSI AND ANY POTENTIAL AREAS.
FORM 990, PART VI, SECTION B, LINE 15FOUNDING CEO ERIC SCHWARZ AND THE TWO OTHER FOUNDING MEMBERS OF THE BOARD PUT SOME CAREFUL THOUGHT INTO STARTING COMPENSATION FOR SCHWARZ, AN ACCOMPLISHED SOCIAL ENTREPRENEUR WITH APPROXIMATELY 30 YEARS OF RELEVANT EXPERIENCE. TAKEN INTO ACCOUNT WERE SEVERAL FACTORS, INCLUDING: -SCHWARZ'S PAST EXPERIENCE AND COMPENSATION AS A SOCIAL SECTOR LEADER -SCHWARZ'S LEADERSHIP AS A FULL-TIME UNCOMPENSATED VOLUNTEER FOR NINE MONTHS (LATE 2014 TO AUGUST 2015) DEVELOPING THE COLLEGE FOR SOCIAL INNOVATION IDEA AND BUSINESS PLAN -INFORMAL BENCHMARKS OF OTHER SOCIAL ENTREPRENEURS WITH TWO TO THREE DECADES OF RELEVANT EXECUTIVE EXPERIENCE STARTING NEW SOCIAL SECTOR ORGANIZATIONS -INFORMAL BENCHMARKING OF CEO COMPENSATION FOR NEW ENTREPRENEURIAL VENTURES IN THE HIGHER EDUCATION WORLD BASED ON THIS INFORMAL BENCHMARKING AND SCHWARZ'S PAST COMPENSATION AND EXPERIENCE, SCHWARZ PROPOSED A SALARY THAT WAS A 10% REDUCTION FROM HIS COMPENSATION AT CITIZEN SCHOOLS AND COMMITTED TO TAKE NO COLA OR MERIT RAISE FOR AT LEAST TWO YEARS AS THE ORGANIZATION SCALED FROM START-UP TO AN ANTICIPATED BUDGET OF APPROXIMATELY $3 MILLION IN FY18, THE ORGANIZATION'S THIRD YEAR OF OPERATIONS. OUTSIDE BOARD MEMBERS TOM CRAIG AND TULAINE MONTGOMERY DISCUSSED THE SALARY AND APPROVED IT AS PART OF APPROVING THE ORGANIZATION'S FY16 BUDGET. PRIOR TO ANY FUTURE CHANGES TO THE COMPENSATION, COLLEGE FOR SOCIAL INNOVATION PLANS TO CREATE A FORMAL FINANCE AND BUDGET COMMITTEE CHARGED WITH, AMONG OTHER THINGS, REVIEWING AND APPROVING EXECUTIVE COMPENSATION, BASED ON PERFORMANCE AND INDUSTRY NORMS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.

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