BETA

COLLEGE FOR SOCIAL INNOVATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
COLLEGE FOR SOCIAL INNOVATION INC (EIN 47-4425987)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-01-26
IRS object ID
202200269349300405
Schema version
2020v4.1
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)
Return2022-01-26T13:44:32-06:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390859910PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAKER TILLY US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11 HIGHWOOD DRIVEAddressLine1Txt
CityTEWKSBURYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01876ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

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 NO 407AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonERIC SCHWARZPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone6179100071PhoneNum
Signature2022-01-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstERICPersonFirstNm
Person LastSCHWARZPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW KALIL CPA MBAPreparerPersonNm
PTINP01517069PTIN
Phone9785575300PhoneNum
Preparation2022-01-24PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerERIC SCHWARZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line189 SOUTH STREET NO 407AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,021,220GrossReceiptsAmt
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 Body6VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee43TotalEmployeeCnt
Total Volunteers189TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,178,644PYContributionsGrantsAmt
CY Contributions Grants$971,452CYContributionsGrantsAmt
PY Program Service Revenue$1,126,260PYProgramServiceRevenueAmt
CY Program Service Revenue$1,049,014CYProgramServiceRevenueAmt
PY Investment Income$85PYInvestmentIncomeAmt
CY Investment Income$754CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,304,989PYTotalRevenueAmt
CY Total Revenue$2,021,220CYTotalRevenueAmt
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$1,296,330PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,194,250CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$72,717CYTotalFundraisingExpenseAmt
PY Other Expenses$877,098PYOtherExpensesAmt
CY Other Expenses$881,443CYOtherExpensesAmt
PY Total Expenses$2,173,428PYTotalExpensesAmt
CY Total Expenses$2,075,693CYTotalExpensesAmt
PY Revenues Less Expenses$131,561PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$54,473CYRevenuesLessExpensesAmt
Total Assets BOY$1,069,982TotalAssetsBOYAmt
Total Assets EOY$1,067,998TotalAssetsEOYAmt
Total Liabilities BOY$298,659TotalLiabilitiesBOYAmt
Total Liabilities EOY$351,148TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$771,323NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$716,850NetAssetsOrFundBalancesEOYAmt
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$1,706,874ExpenseAmt
Revenue$1,049,014RevenueAmt
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.AFTER AVERAGING JUST UNDER 48 STUDENTS PER YEAR IN THE FIRST THREE YEARS OF THE PROGRAM, WE ENROLLED 95 STUDENTS IN FY21 - 38 STUDENTS IN THE FALL SEMESTER AND 57 IN THE SPRING. THE 57 STUDENTS ENROLLED IN THE SPRING SEMESTER WAS THE LARGEST COHORT WE HAVE ENROLLED SINCE OUR INCEPTION. TO DATE, WE HAVE PARTNERED WITH 145 UNIQUE HOST ORGANIZATIONS (NON-PROFITS, GOVERNMENT AGENCIES, AND SOCIAL MISSION BUSINESSES) AND 88% OF ORGANIZATIONS REPORTED THEY WOULD AT LEAST INTERVIEW THEIR FELLOW EMPLOYEES FOR A JOB OPENING. FURTHERMORE, 99% OF STUDENTS WHO COMPLETED THE PROGRAM REPORTED BECOMING A MORE VALUABLE EMPLOYEE, 98% OF STUDENTS GAINED MORE SKILLS SUCH AS PUBLIC SPEAKING AND HUMAN CENTERED DESIGN, AND 91% OF STUDENTS REPORTED THEY EXPANDED THEIR NETWORK, AND 97% OF ALUMNI WHO COMPLETED THE PROGRAM AND GRADUATED FROM COLLEGE ARE REPORTING THEY ARE EITHER EMPLOYED FULL-TIME, EMPLOYED PART-TIME, COMPLETING A GRADUATE DEGREE, OR ARE PARTICIPATING IN A NATIONAL SERVICE PROGRAM SIX-MONTHS AFTER COMPLETING THEIR UNDERGRADUATE DEGREE. 60% OF ALUMNI OF THE PROGRAM ARE WORKING IN THE SOCIAL SECTOR. STARTING IN THE SPRING 2021 SEMESTER, WE ALSO PILOTED A PROGRAM WITH THE UNIVERSITY OF NEW HAMPSHIRE TO ACCOMMODATE HOST ORGANIZATIONS IN THE DURHAM, NH AREA. EACH STUDENT WHO ENROLLED IN THE PROGRAM REPORTED SIMILAR, IF NOT STRONGER, RESULTS TO OUR FLAGSHIP PROGRAM BEING RUN IN BOSTON. WE ALSO CONTINUE TO GROW A SUSTAINABLE ORGANIZATION BY RAISING IN FY21 MORE THAN $1,100,000 IN PHILANTHROPIC GIVING AND $1,049,014 IN EARNED REVENUE (FEES FROM COLLEGE AND HOST ORGANIZATIONS AND FROM STUDENTS TO COVER HOUSING COSTS), MOVING US A STEP TOWARD OUR GOAL OF FULLY COVERING OPERATING COSTS THROUGH EARNED REVENUE. WE COVERED 51% OF OUR TOTAL COSTS WITH EARNED REVENUE IN FY21 COMPARED TO 41% PRE-PANDEMIC IN FY19.Desc
Total Program Service Expenses$1,706,874TotalProgramServiceExpensesAmt
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 Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
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 Contri0DeductibleNonCashContriInd
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 Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee43EmployeeCnt
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 Members6GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
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 NO 407AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
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
TOM CRAIG
TREASURER5.00Yes (X)$0$0$0Yes (X)
ERIC SCHWARZ
CEO/PRESIDENT40.00Yes (X)$195,364$0$20,307Yes (X)
ILA SHAH
MANAGING DIR (UNTIL 3/20/20)40.00Yes (X)$18,239$0$0Yes (X)
EDITH BUHS
CHIEF PROGRAM OFFICER40.00$109,073$0$21,400Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$322,676TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$41,707TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$384,576GovernmentGrantsAmt
All Other Contributions$586,876AllOtherContributionsAmt
Total Contributions$971,452TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE FEESDesc
Business611310BusinessCd
Total Revenue Column$1,049,014TotalRevenueColumnAmt
Related Or Exempt Func Income$1,049,014RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,049,014TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$754TotalRevenueColumnAmt
Exclusion$754ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,021,220TotalRevenueColumnAmt
Related Or Exempt Func Income$1,049,014RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$754ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$340,356TotalAmt
Program Services$299,834ProgramServicesAmt
Management And General$10,131ManagementAndGeneralAmt
Fundraising$30,391FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$693,973TotalAmt
Program Services$599,528ProgramServicesAmt
Management And General$66,613ManagementAndGeneralAmt
Fundraising$27,832FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$80,814TotalAmt
Program Services$68,653ProgramServicesAmt
Management And General$8,430ManagementAndGeneralAmt
Fundraising$3,731FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$79,107TotalAmt
Program Services$68,670ProgramServicesAmt
Management And General$6,042ManagementAndGeneralAmt
Fundraising$4,395FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$17,490TotalAmt
Management And General$17,490ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$54,269TotalAmt
Program Services$50,140ProgramServicesAmt
Management And General$2,712ManagementAndGeneralAmt
Fundraising$1,417FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,835TotalAmt
Program Services$8,105ProgramServicesAmt
Management And General$730ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$35,575TotalAmt
Program Services$28,505ProgramServicesAmt
Management And General$5,941ManagementAndGeneralAmt
Fundraising$1,129FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$45,318TotalAmt
Program Services$39,235ProgramServicesAmt
Management And General$3,966ManagementAndGeneralAmt
Fundraising$2,117FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$608TotalAmt
Program Services$258ProgramServicesAmt
Management And General$350ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,200TotalAmt
Program Services$1,356ProgramServicesAmt
Management And General$1,844ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,356TotalAmt
Program Services$8,130ProgramServicesAmt
Management And General$495ManagementAndGeneralAmt
Fundraising$731FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$20,772TotalAmt
Program Services$18,045ProgramServicesAmt
Management And General$1,753ManagementAndGeneralAmt
Fundraising$974FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
STUDENT HOUSING$508,308$338,872$169,436
PROGRAM STUDENT COSTS$163,443$163,443
BAD DEBT$14,269$14,100$169

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,075,693TotalAmt
Program Services$1,706,874ProgramServicesAmt
Management And General$296,102ManagementAndGeneralAmt
Fundraising$72,717FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$70,614BOYAmt
EOY$71,390EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$441,640BOYAmt
EOY$419,511EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$430,927BOYAmt
EOY$464,895EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$116,092BOYAmt
EOY$105,203EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$56,377LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$49,378LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,709BOYAmt
EOY$6,999EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,069,982BOYAmt
EOY$1,067,998EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$63,743BOYAmt
EOY$86,441EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$14,525BOYAmt
EOY$54,129EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$220,391BOYAmt
EOY$210,578EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$298,659BOYAmt
EOY$351,148EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$222,973BOYAmt
EOY$488,739EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$548,350BOYAmt
EOY$228,111EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$771,323BOYAmt
EOY$716,850EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,069,982BOYAmt
EOY$1,067,998EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$54,473ReconcilationRevenueExpnssAmt
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 Required0FederalGrantAuditRequiredInd

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$598,562CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,746,653CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$536,016CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,178,644CurrentTaxYearMinus1YearAmt
Current Tax Year$807,267CurrentTaxYearAmt
Total$4,867,142TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$536,486CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$772,618CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$782,198CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,126,260CurrentTaxYearMinus1YearAmt
Current Tax Year$1,049,014CurrentTaxYearAmt
Total$4,266,576TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,135,048CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,519,271CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,318,214CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,304,904CurrentTaxYearMinus1YearAmt
Current Tax Year$1,856,281CurrentTaxYearAmt
Total$9,133,718TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$325,743CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$844,505CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$69,652CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$276,603CurrentTaxYearMinus1YearAmt
Current Tax Year$82,500CurrentTaxYearAmt
Total$1,599,003TotalAmt

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$325,743CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$844,505CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$69,652CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$276,603CurrentTaxYearMinus1YearAmt
Current Tax Year$82,500CurrentTaxYearAmt
Total$1,599,003TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$7,534,715PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$29CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$27CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$34CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$85CurrentTaxYearMinus1YearAmt
Current Tax Year$754CurrentTaxYearAmt
Total$929TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$29CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$27CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$34CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$85CurrentTaxYearMinus1YearAmt
Current Tax Year$754CurrentTaxYearAmt
Total$929TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,135,077CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,519,298CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,318,248CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,304,989CurrentTaxYearMinus1YearAmt
Current Tax Year$1,857,035CurrentTaxYearAmt
Total$9,134,647TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.82490PublicSupportCY509Pct
Investment Income CY0.00010InvestmentIncomeCYPct
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$56,377OtherCostOrOtherBasisAmt
Depreciation$49,378DepreciationAmt
Book Value$6,999BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$6,999TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,029,479TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$8,259DonatedServicesAndUseFcltsAmt
Revenue Not Reported$8,259RevenueNotReportedAmt
Revenue Subtotal$2,021,220RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,021,220TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,083,952TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$8,259DonatedServicesUseFcltsAmt
Expenses Not Reported$8,259ExpensesNotReportedAmt
Expenses Subtotal$2,075,693ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,075,693TotalExpensesPerForm990Amt

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, 2021, 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, 2021. 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$195,364BaseCompensationFilingOrgAmt
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$20,307NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$215,671TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

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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