COLLEGESPRING INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
COLLEGESPRING INC (EIN 27-0920698)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-14
IRS object ID
202541349349307324
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)
Return2025-05-14T11:23:59-07:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN472626541PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Cook & Company A Prof Actcy CorporationBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1One Sansome St Ste 3500AddressLine1Txt
CitySan FranciscoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94104ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN270920698EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Collegespring IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOLLBusinessNameControlTxt
Phone7076412376PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11990 N California Blvd 8th FloorAddressLine1Txt
CityWalnut CreekCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94596ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonYoon ChoiPersonNm
Person TitleCEOPersonTitleTxt
Signature2025-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDouglas Cook PhDMPACPAPreparerPersonNm
PTINP01521705PTIN
Phone4156211112PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerYoon ChoiPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11990 N California Blvd 8th FloorAddressLine1Txt
CityWalnut CreekCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94596ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,624,939GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.collegespring.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionIn partnership with educators, CollegeSpring helps students impacted by poverty demonstrate their full potential on college and career readiness assessments that unlock better opportunities after high school. Our vision is that every student, regardless of race or income, has the knowledge, skills, and motivation to overcome barriers in the pursuit of their postsecondary aspirations.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee31TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,409,154PYContributionsGrantsAmt
CY Contributions Grants$2,190,634CYContributionsGrantsAmt
PY Program Service Revenue$426,520PYProgramServiceRevenueAmt
CY Program Service Revenue$382,592CYProgramServiceRevenueAmt
PY Investment Income$18,026PYInvestmentIncomeAmt
CY Investment Income$51,713CYInvestmentIncomeAmt
PY Other Revenue$3,152PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,856,852PYTotalRevenueAmt
CY Total Revenue$2,624,939CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,439,993PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,370,572CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$508,537CYTotalFundraisingExpenseAmt
PY Other Expenses$751,929PYOtherExpensesAmt
CY Other Expenses$825,957CYOtherExpensesAmt
PY Total Expenses$3,191,922PYTotalExpensesAmt
CY Total Expenses$3,196,529CYTotalExpensesAmt
PY Revenues Less Expenses-$1,335,070PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$571,590CYRevenuesLessExpensesAmt
Total Assets BOY$3,209,463TotalAssetsBOYAmt
Total Assets EOY$2,676,266TotalAssetsEOYAmt
Total Liabilities BOY$265,538TotalLiabilitiesBOYAmt
Total Liabilities EOY$192,060TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,943,925NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,484,206NetAssetsOrFundBalancesEOYAmt
MissionIn partnership with educators, CollegeSpring helps students impacted by poverty demonstrate their full potential on college and career readiness assessments that unlock better opportunities after high school. Our vision is that every student, regardless of race or income, has the knowledge, skills, and motivation to overcome barriers in the pursuit of their postsecondary aspirations.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,655,268ExpenseAmt
Revenue$382,592RevenueAmt
DescCollegeSpring partners exclusively with organizations serving populations that are historically underrepresented in higher education. We reduce inequities in test preparation by building the capacity of schools, entire districts, and nonprofit organizations to offer in-school preparation to all students-not a privilege for a select few. In FY24, CollegeSpring served 13,195 students across 9 states.Desc
Total Program Service Expenses$1,655,268TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document23IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee31EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonArely BenavidesPersonNm
Phone7076412376PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11990 N California Blvd 8th FlAddressLine1Txt
CityWalnut CreekCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94596ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Yoon Choi
CEO40.000.00Yes (X)$232,150$0$11,269
Lori Gully
Head of Programs40.000.00$150,106$0$35,351
Geanette Treadway
COO40.000.00Yes (X)$144,457$0$23,178
Susan Goss Brown Chair
Director1.000.00$0$0$0Yes (X)
Joel Jones Fin Chair
Director1.000.00$0$0$0Yes (X)
Aaron Lemon-Strauss Audit Chr
Director1.000.00$0$0$0Yes (X)
Alexander Farman-Farmaian
Director1.000.00$0$0$0Yes (X)
Stephanie Cohen
Director1.000.00$0$0$0Yes (X)
Todd Penner
Director1.000.00$0$0$0Yes (X)
Brittany Skoda
Director1.000.00$0$0$0Yes (X)
Fred Crawford
Director0.000.00$0$0$0Yes (X)
Lindsay Page
Director1.000.00$0$0$0Yes (X)
Christine Alix
Director1.000.00$0$0$0Yes (X)
Munyette Moore
Director1.000.00$0$0$0Yes (X)
Thomas Friel Emeritus
Director1.000.00$0$0$0Yes (X)
Mindy Rogers Emeritus
Director1.000.00$0$0$0Yes (X)
Garrett Neiman Emeritus
Director1.000.00$0$0$0Yes (X)
Courtney Calfee
COO40.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$526,713TotalReportableCompFromOrgAmt
Total Other Compensation$69,798TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Koya Leadership Partners LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1575 Boylston StAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Compensation$128,991CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,190,634AllOtherContributionsAmt
Noncash Contributions$712,449NoncashContributionsAmt
Total Contributions$2,190,634TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFees for servicesDesc
Business611710BusinessCd
Total Revenue Column$382,592TotalRevenueColumnAmt
Related Or Exempt Func Income$382,592RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$382,592TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$51,713TotalRevenueColumnAmt
Exclusion$51,713ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,624,939TotalRevenueColumnAmt
Related Or Exempt Func Income$382,592RelatedOrExemptFuncIncomeAmt
Exclusion$51,713ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$686,200TotalAmt
Program Services$232,110ProgramServicesAmt
Management And General$250,806ManagementAndGeneralAmt
Fundraising$203,284FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,218,402TotalAmt
Program Services$827,356ProgramServicesAmt
Management And General$281,214ManagementAndGeneralAmt
Fundraising$109,832FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$18,277TotalAmt
Program Services$18,677ProgramServicesAmt
Management And General$712ManagementAndGeneralAmt
Fundraising-$1,112FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$304,955TotalAmt
Program Services$150,971ProgramServicesAmt
Management And General$120,606ManagementAndGeneralAmt
Fundraising$33,378FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$142,738TotalAmt
Program Services$82,227ProgramServicesAmt
Management And General$39,060ManagementAndGeneralAmt
Fundraising$21,451FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$97,574TotalAmt
Management And General$97,574ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$367,769TotalAmt
Program Services$109,298ProgramServicesAmt
Management And General$138,108ManagementAndGeneralAmt
Fundraising$120,363FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,780TotalAmt
Program Services$398ProgramServicesAmt
Management And General$4,350ManagementAndGeneralAmt
Fundraising$32FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$70,103TotalAmt
Program Services$46,787ProgramServicesAmt
Management And General$15,358ManagementAndGeneralAmt
Fundraising$7,958FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$40,352TotalAmt
Program Services$18,614ProgramServicesAmt
Management And General$17,799ManagementAndGeneralAmt
Fundraising$3,939FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,183TotalAmt
Management And General$1,183ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,454TotalAmt
Management And General$10,454ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Program/curriculum materials$134,221$133,931$290
Staff Training/Development$72,356$33,750$29,194$9,412
Other expenses$17,027$17,027
Dues & subscriptions$10,138$1,149$8,989

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,196,529TotalAmt
Program Services$1,655,268ProgramServicesAmt
Management And General$1,032,724ManagementAndGeneralAmt
Fundraising$508,537FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$393,133BOYAmt
EOY$473,586EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$240,882BOYAmt
EOY$40,934EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$420,160BOYAmt
EOY$50,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,506BOYAmt
EOY$55,356EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$37,914BOYAmt
EOY$4,855EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,505LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,505LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,183BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,113,685BOYAmt
EOY$2,051,535EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,209,463BOYAmt
EOY$2,676,266EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$243,955BOYAmt
EOY$192,060EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$21,583BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$265,538BOYAmt
EOY$192,060EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,304,619BOYAmt
EOY$1,612,222EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$639,306BOYAmt
EOY$871,984EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,943,925BOYAmt
EOY$2,484,206EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,209,463BOYAmt
EOY$2,676,266EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$571,590ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$111,871NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,182,894CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,448,034CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,928,074CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,409,154CurrentTaxYearMinus1YearAmt
Current Tax Year$2,190,634CurrentTaxYearAmt
Total$13,158,790TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,182,894CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,448,034CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,928,074CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,409,154CurrentTaxYearMinus1YearAmt
Current Tax Year$2,190,634CurrentTaxYearAmt
Total$13,158,790TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,050,603SubstantialContributorsTotAmt
Public Support Total170$8,108,187PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$858CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,226CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$267CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,026CurrentTaxYearMinus1YearAmt
Current Tax Year$51,713CurrentTaxYearAmt
Total$72,090TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$831CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$3,152CurrentTaxYearMinus1YearAmt
Total$3,983TotalAmt
FieldValueIRS element (for citing)
Total Support$13,234,863TotalSupportAmt
Gross Receipts Rltd Activities$2,257,533GrossReceiptsRltdActivitiesAmt
Public Support CY1700.61260PublicSupportCY170Pct
Public Support PY1700.66160PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSupport Schedule: Other Income ExplanationFormAndLineReferenceDesc
ExplanationFrom time to time, miscellaneous amounts are received during the course of performing the organization's tax-exempt function.ExplanationTxt

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$2,505OtherCostOrOtherBasisAmt
Depreciation$2,505DepreciationAmt
FieldValueIRS element (for citing)
Total Rev Etc Audited Fincl Stmt$2,805,375TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$111,871NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$68,565DonatedServicesAndUseFcltsAmt
Revenue Not Reported$180,436RevenueNotReportedAmt
Revenue Subtotal$2,624,939RevenueSubtotalAmt
Total Revenue Per Form990$2,624,939TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,265,094TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$68,565DonatedServicesUseFcltsAmt
Expenses Not Reported$68,565ExpensesNotReportedAmt
Expenses Subtotal$3,196,529ExpensesSubtotalAmt
Total Expenses Per Form990$3,196,529TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
Geanette Treadway
COO$117,446$27,011$4,246$18,932$167,635
Lori Gully
Head of Programs$139,489$10,617$3,984$31,367$185,457
Yoon Choi
CEO$211,185$20,965$7,092$4,177$243,419

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 7: Non-Fixed payments not listed aboveFormAndLineReferenceDesc
ExplanationLeadership Team bonuses are based on achievement of organizational goals, individual goals, and CEO discretion.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$712,449NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11bDraft Form 990 will be provided to all voting members prior to finalization via email for approval.
Form 990, Part VI, Section B, Line 12cThe Board of Directors, Officers, and Key Employees Covered Person are required to sign a conflict of interest policy and disclosure annually. Each Covered Person has an ongoing obligation to disclose any actual or potential conflict of interest as soon as it is known or reasonably should be known. Should an actual or potential conflict arise, the Covered Person is required to promptly submit a Disclosure Statement to the Board disclosing in good faith all relevant material facts. If it is determined that an actual or potential conflict of interest exists between the interests of the Corporation and a Covered Person with respect to a specific proposed action or transaction, the Corporation shall refrain from the proposed action or transaction until such time as the proposed action or transaction has been approved by the disinterested Directors. The minutes of the meeting shall reflect that the conflict of interest disclosure was made, the vote taken and, where appropriate, the abstention from voting and participation by the Covered Person. CollegeSpring maintains a conflict of interest policy for employees as well. Every employee, upon hire, is required to acknowledge and sign this conflict of interest policy. This policy is easily accessible within the payroll system and in the employee handbook and contains specific examples of prohibited activities and obligations to notify management in the event of a potential or perceived conflict.
Form 990, Part VI, Section B, Line 15aA formal review is done by the Board of Directors annually for CEO compensation. Comparable data is gathered at least every three years to benchmark compensation against similar organizations and positions to ensure fair and competitive compensation practices. This process applies to key positions, including executive roles such as the CEO, President, COO, and other senior leadership roles, and is documented thoroughly during the decision-making process. This process last occurred in 23-24.
Form 990, Part VI, Section B, Line 15bA formal review is done by the Board of Directors annually for CEO compensation. Comparable data is gathered at least every three years to benchmark compensation against similar organizations and positions to ensure fair and competitive compensation practices. This process applies to key positions, including executive roles such as the CEO, President, COO, and other senior leadership roles, and is documented thoroughly during the decision-making process. This process occurred last during the 23-24 fiscal year.
Form 990, Part VI, Section C, Line 19Governing documents, policies, and financial statements will be provided upon request. Annual Reports and Financial Statements may be viewed on the Organization's website.

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