COLLEGE POSSIBLE: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE POSSIBLE (EIN 41-1968798)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-02-01
- IRS object ID
- 202100329349300425
- Schema version
- 2019v5.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-01T13:12:26-06:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 E WISCONSIN AVENUE 32ND FLOOR | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411968798 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE POSSIBLE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COLL | BusinessNameControlTxt |
| Phone | 6512889455 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 755 PRIOR AVENUE NORTH NO 210 | AddressLine1Txt |
| City | SAINT PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CRAIG ROBINSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6512889455 | PhoneNum |
| Signature | 2020-12-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TROY MARINE CPA | PreparerPersonNm |
| PTIN | P00187863 | PTIN |
| Phone | 4147775500 | PhoneNum |
| Preparation | 2020-12-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CRAIG ROBINSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 755 PRIOR AVENUE NORTH NO 210 | AddressLine1Txt |
| City | SAINT PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $25,365,321 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.COLLEGEPOSSIBLE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | HELP STUDENTS FROM LOW INCOME BACKGROUNDS PREPARE FOR AND EARN ADMISSION TO COLLEGE AND GRADUATE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 775 | TotalEmployeeCnt |
| Total Volunteers | 167 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,430,727 | PYContributionsGrantsAmt |
| CY Contributions Grants | $24,125,726 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $545,350 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $924,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $88,698 | PYInvestmentIncomeAmt |
| CY Investment Income | $283,649 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,044 | PYOtherRevenueAmt |
| CY Other Revenue | -$4,190 | CYOtherRevenueAmt |
| PY Total Revenue | $19,065,819 | PYTotalRevenueAmt |
| CY Total Revenue | $25,329,185 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $216,790 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $368,265 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,753,742 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,058,587 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,656,247 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,399,375 | PYOtherExpensesAmt |
| CY Other Expenses | $5,678,940 | CYOtherExpensesAmt |
| PY Total Expenses | $20,369,907 | PYTotalExpensesAmt |
| CY Total Expenses | $24,105,792 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,304,088 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,223,393 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $13,433,633 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,322,692 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,527,309 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,835,265 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $11,906,324 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $13,487,427 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | COLLEGE POSSIBLE IS A 501(C)(3) NON-PROFIT TAX-EXEMPT ORGANIZATION MAKING COLLEGE ADMISSION AND SUCCESS POSSIBLE FOR LOW-INCOME STUDENTS THROUGH AN INTENSIVE CURRICULUM OF COACHING AND SUPPORT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $16,539,266 | ExpenseAmt |
| Grant | $368,265 | GrantAmt |
| Revenue | $399,000 | RevenueAmt |
| Desc | FLAGSHIP: SEE SCHEDULE O. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,493,813 | ExpenseAmt |
| Revenue | $525,000 | RevenueAmt |
| Desc | CATALYZE: SEE SCHEDULE O. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $18,033,079 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 71 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 775 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JON SCHWARTZ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6512889455 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 755 PRIOR AVENUE NORTH NO 210 | AddressLine1Txt |
| City | SAINT PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55104 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JIM MCCORKELL | ||||||||
| CHIEF EXECUTIVE OFFICER/DIRECTOR | 40.00 | Yes (X) | Yes (X) | $313,084 | $0 | $27,677 | ||
| LAURA LIU | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | $207,982 | $0 | $23,764 | Yes (X) | |||
| TRACI KIRTLEY | ||||||||
| CHIEF PROGRAM OFFICER | 40.00 | $177,210 | $0 | $22,533 | Yes (X) | |||
| SARA DZIUK | ||||||||
| CHIEF ADVANCEMENT OFFICER | 40.00 | $161,824 | $0 | $22,421 | Yes (X) | |||
| CRAIG ROBINSON | ||||||||
| PRESIDENT | 40.00 | Yes (X) | $140,862 | $0 | $20,312 | |||
| JEN WEIKERT | ||||||||
| EXECUTIVE DIRECTOR OF PHL | 40.00 | $133,778 | $0 | $7,578 | Yes (X) | |||
| KENDRA KROLIK | ||||||||
| SR. DIRECTOR AND GENERAL MANAGER, CATALYZE | 40.00 | $131,592 | $0 | $13,858 | Yes (X) | |||
| CHRISTINE POORMAN | ||||||||
| EXECUTIVE DIRECTOR OF CHI | 40.00 | $128,413 | $0 | $14,344 | Yes (X) | |||
| BONNIE CHRISTENSEN | ||||||||
| SR. DIRECTOR OF FINANCE | 40.00 | Yes (X) | $114,680 | $0 | $15,492 | |||
| JASON SEIFERT | ||||||||
| CHIEF FINANCE AND OPERATIONS OFFICER | 40.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN SMITH | ||||||||
| CHAIR | 0.80 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MILLIE ACAMOVIC | ||||||||
| VICE CHAIR & TREASURER | 0.80 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SHANNON BINS | ||||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| JOANNA BURLESON | ||||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| MARLENE IBSEN | ||||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| JEFF KUTASH | ||||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| ANDREA MOKROS | ||||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| AL FAN | ||||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| JOELLE MURCHISON | ||||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT NELSON | ||||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| LORELLE ESPINOSA | ||||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| DEANNA SINGH | ||||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| JEFF TURNER | ||||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,509,425 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $167,979 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 15 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WHITEBOARD ADVISORS | |||||
| 4005 WASHINGTON AVE NW PO BOX 9535 | WASHINGTON | DC | 200169997 | MARKETING CONSULTANTS | $124,088 |
| SSI INC DBA SPENCER STUART | |||||
| PO BOX 98991 | CHICAGO | IL | 60693 | EXECUTIVE SEARCH SERVICES | $121,275 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $173,999 | FundraisingAmt |
| Government Grants | $5,452,069 | GovernmentGrantsAmt |
| All Other Contributions | $18,499,658 | AllOtherContributionsAmt |
| Noncash Contributions | $172,736 | NoncashContributionsAmt |
| Total Contributions | $24,125,726 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CONSORTIUM FEES | 611710 | $703,000 | $703,000 |
| SERVICE FEES | 611710 | $221,000 | $221,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $924,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $283,649 | TotalRevenueColumnAmt |
| Exclusion | $283,649 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $21,565 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $173,999 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $36,136 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$14,571 | TotalRevenueColumnAmt |
| Exclusion | -$14,571 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $10,381 | TotalRevenueColumnAmt |
| Exclusion | $10,381 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $10,381 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,329,185 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $924,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $279,459 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $368,265 | TotalAmt |
| Program Services | $368,265 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $863,853 | TotalAmt |
| Program Services | $645,400 | ProgramServicesAmt |
| Management And General | $85,463 | ManagementAndGeneralAmt |
| Fundraising | $132,990 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,279,292 | TotalAmt |
| Program Services | $10,668,320 | ProgramServicesAmt |
| Management And General | $1,412,681 | ManagementAndGeneralAmt |
| Fundraising | $2,198,291 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $425,812 | TotalAmt |
| Program Services | $279,253 | ProgramServicesAmt |
| Management And General | $55,150 | ManagementAndGeneralAmt |
| Fundraising | $91,409 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,415,925 | TotalAmt |
| Program Services | $1,122,383 | ProgramServicesAmt |
| Management And General | $110,460 | ManagementAndGeneralAmt |
| Fundraising | $183,082 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,073,705 | TotalAmt |
| Program Services | $809,036 | ProgramServicesAmt |
| Management And General | $108,971 | ManagementAndGeneralAmt |
| Fundraising | $155,698 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,068 | TotalAmt |
| Management And General | $44,068 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,043 | TotalAmt |
| Management And General | $54,043 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,000 | TotalAmt |
| Fundraising | $65,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,815 | TotalAmt |
| Management And General | $17,815 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $953,118 | TotalAmt |
| Program Services | $351,103 | ProgramServicesAmt |
| Management And General | $312,601 | ManagementAndGeneralAmt |
| Fundraising | $289,414 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $256,896 | TotalAmt |
| Program Services | $51,180 | ProgramServicesAmt |
| Management And General | $11,080 | ManagementAndGeneralAmt |
| Fundraising | $194,636 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,281 | TotalAmt |
| Program Services | $41,077 | ProgramServicesAmt |
| Management And General | $1,958 | ManagementAndGeneralAmt |
| Fundraising | $3,246 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $920,046 | TotalAmt |
| Program Services | $816,588 | ProgramServicesAmt |
| Management And General | $38,931 | ManagementAndGeneralAmt |
| Fundraising | $64,527 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,228,964 | TotalAmt |
| Program Services | $1,090,768 | ProgramServicesAmt |
| Management And General | $52,003 | ManagementAndGeneralAmt |
| Fundraising | $86,193 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $266,440 | TotalAmt |
| Program Services | $219,658 | ProgramServicesAmt |
| Management And General | $13,322 | ManagementAndGeneralAmt |
| Fundraising | $33,460 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,932 | TotalAmt |
| Program Services | $61,856 | ProgramServicesAmt |
| Management And General | $4,424 | ManagementAndGeneralAmt |
| Fundraising | $7,652 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $789 | TotalAmt |
| Program Services | $701 | ProgramServicesAmt |
| Management And General | $33 | ManagementAndGeneralAmt |
| Fundraising | $55 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $502,654 | TotalAmt |
| Program Services | $446,131 | ProgramServicesAmt |
| Management And General | $21,270 | ManagementAndGeneralAmt |
| Fundraising | $35,253 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,746 | TotalAmt |
| Program Services | $42,377 | ProgramServicesAmt |
| Management And General | $2,020 | ManagementAndGeneralAmt |
| Fundraising | $3,349 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STAFF ACQUISITION & TRA | $795,277 | $665,138 | $48,971 | $81,168 |
| STUDENT SUPPORT COSTS | $327,959 | $327,959 | ||
| DUES AND SUBSCRIPTIONS | $64,428 | $25,042 | $8,632 | $30,754 |
| BANK CHARGES | $12,203 | $12,203 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,281 | TotalAmt |
| Program Services | $844 | ProgramServicesAmt |
| Management And General | $367 | ManagementAndGeneralAmt |
| Fundraising | $70 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,105,792 | TotalAmt |
| Program Services | $18,033,079 | ProgramServicesAmt |
| Management And General | $2,416,466 | ManagementAndGeneralAmt |
| Fundraising | $3,656,247 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $17,416 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,123,464 | BOYAmt |
| EOY | $4,291,677 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,497,191 | BOYAmt |
| EOY | $4,793,871 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $335 | BOYAmt |
| EOY | $1,075,490 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $337,534 | BOYAmt |
| EOY | $420,863 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,472,604 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,254,788 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,575,660 | BOYAmt |
| EOY | $1,217,816 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,899,449 | BOYAmt |
| EOY | $11,505,559 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,433,633 | BOYAmt |
| EOY | $23,322,692 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,219,564 | BOYAmt |
| EOY | $1,694,750 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $7,794,466 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $307,745 | BOYAmt |
| EOY | $346,049 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,527,309 | BOYAmt |
| EOY | $9,835,265 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,585,181 | BOYAmt |
| EOY | $6,399,151 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,321,143 | BOYAmt |
| EOY | $7,088,276 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,906,324 | BOYAmt |
| EOY | $13,487,427 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,433,633 | BOYAmt |
| EOY | $23,322,692 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,223,393 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $357,710 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,975,202 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,550,033 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,167,435 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,430,727 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,125,726 | CurrentTaxYearAmt |
| Total | $91,249,123 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,975,202 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,550,033 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,167,435 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,430,727 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,125,726 | CurrentTaxYearAmt |
| Total | $91,249,123 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $10,438,814 | SubstantialContributorsTotAmt |
| Public Support Total170 | $80,810,309 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $22,390 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $39,660 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $92,056 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $90,421 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $283,649 | CurrentTaxYearAmt |
| Total | $528,176 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $7,299 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,692 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,381 | CurrentTaxYearAmt |
| Total | $27,372 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $91,804,671 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,346,766 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.88020 | PublicSupportCY170Pct |
| Public Support PY170 | 0.88720 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | OTHER INCOME |
| SCHEDULE A, PART II, COLUMN (A): | THE ORGANIZATION FILED A SHORT PERIOD RETURN FOR THE 2015 FORM 990. THE INFORMATION IN COLUMN (A) IS FOR THE TEN-MONTH PERIOD SEPTEMBER 1, 2015 TO JUNE 30, 2016. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $65,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $65,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | COLLEGE POSSIBLE PAID ROGER J ARONSON, AN OUTSIDE CONSULTANT, $20,000 FOR LOBBYING IN FY20. THE ORGANIZATION ALSO PAID EBI PUBLIC AFFAIRS, AN OUTSIDE CONSULTANT, $15,000 FOR LOBBYING IN FY20. THE ORGANIZATION ALSO PAID WISCONSIN CAPITOL SOLUTIONS, AN OUTSIDE CONSULTANT, $30,000 FOR LOBBYING IN FY20. | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $869,083 | OtherCostOrOtherBasisAmt |
| Depreciation | $292,972 | DepreciationAmt |
| Book Value | $576,111 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,603,521 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,961,816 | DepreciationAmt |
| Book Value | $641,705 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,217,816 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED COMPENSATION LIABILITY | $66,000 |
| CAPITAL LEASE OBLIGATION | $858 |
| DEFERRED RENT LIABILITY | $279,191 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $346,049 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $26,720,265 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $357,710 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $997,234 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $36,136 | OtherRevenueAmt |
| Revenue Not Reported | $1,391,080 | RevenueNotReportedAmt |
| Revenue Subtotal | $25,329,185 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $25,329,185 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $25,139,162 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $997,234 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $36,136 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,033,370 | ExpensesNotReportedAmt |
| Expenses Subtotal | $24,105,792 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $24,105,792 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION IS ORGANIZED AS A MINNESOTA NOT-FOR-PROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON ANY NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. DURING FISCAL YEARS 2020 AND 2019, THE ORGANIZATION DID NOT EARN ANY INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES, IF SUCH INTEREST AND PENALTIES WERE INCURRED. THERE WAS NO SUCH LIABILITY AS OF JUNE 30, 2020 AND 2019. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES NETTED WITH REVENUE FOR TAX PURPOSES 36,136. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES NETTED WITH REVENUE FOR TAX PURPOSES 36,136. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CIRCLE OF IMPACT | Event1Nm |
| Gross Receipts Event1 | $140,430 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $128,078 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $12,352 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $1,326 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $9,359 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $15,025 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $3,436 | OtherDirectExpensesEvent1Amt |
| Event2 | CHANGE THROUGH DEGREES | Event2Nm |
| Gross Receipts Event2 | $44,029 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $36,316 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $7,713 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $1,119 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $11,105 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $9,605 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $1,500 | GrossRevenueOtherEventsAmt |
| Entertainment Other Events | $4,598 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $1,273 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $195,564 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $173,999 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $21,565 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $1,326 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $9,359 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $19,623 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $5,828 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $36,136 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$14,571 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | DIRECT STUDENT AID | GrantTypeTxt |
| Recipient | 325 | RecipientCnt |
| Cash Grant | $368,247 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | COLLEGE POSSIBLE UTILIZES SALESFORCE TO MONITOR THE USE OF AWARDED DIRECT STUDENT AID. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | Yes (1) | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | Yes (1) | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JIM MCCORKELL | ||||||||||||||
| CHIEF EXECUTIVE OFFICER/DIRECTOR | $313,084 | $0 | $0 | $0 | $0 | $0 | $16,055 | $0 | $11,622 | $0 | $340,761 | $0 | $0 | $0 |
| LAURA LIU | ||||||||||||||
| CHIEF OPERATING OFFICER | $194,427 | $0 | $13,555 | $0 | $0 | $0 | $12,221 | $0 | $11,543 | $0 | $231,746 | $0 | $0 | $0 |
| TRACI KIRTLEY | ||||||||||||||
| CHIEF PROGRAM OFFICER | $158,204 | $0 | $19,006 | $0 | $0 | $0 | $10,911 | $0 | $11,622 | $0 | $199,743 | $0 | $0 | $0 |
| SARA DZIUK | ||||||||||||||
| CHIEF ADVANCEMENT OFFICER | $145,984 | $0 | $15,840 | $0 | $0 | $0 | $10,425 | $0 | $11,996 | $0 | $184,245 | $0 | $0 | $0 |
| CRAIG ROBINSON | ||||||||||||||
| PRESIDENT | $125,862 | $0 | $15,000 | $0 | $0 | $0 | $4,738 | $0 | $15,574 | $0 | $161,174 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 5 | REVENUE IS ONE ELEMENT OF THE SLT BONUSES. |
| PART I, LINE 6 | NET EARNINGS IS ONE ELEMENT OF THE SLT BONUSES. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 14 | ContributionCnt |
| Noncash Contributions Rpt F990 | $107,273 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 34 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,465 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | OTHER SUPPLIES | 8 | $37,795 | COST |
| Yes (X) | SUPPLIES FOR FUNDRAISING EVENTS | 43 | $15,278 | COST |
| Yes (X) | STUDENT PRIZES | 52 | $3,094 | COST |
| Yes (X) | SCHOOL SUPPLIES | 6 | $2,832 | COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A: | COLLEGE POSSIBLE'S FLAGSHIP HIGH SCHOOL PROGRAMMING STARTS AT THE BEGINNING OF STUDENTS' JUNIOR YEAR. AMERICORPS SERVICE MEMBERS, CALLED COACHES, SERVE FULL-TIME AT THE HIGH SCHOOL. COACHES SERVE AS STUDENT MENTORS, RESOURCES AND ADVOCATES, BUILDING A CULTURE OF HIGH EXPECTATIONS IN WHICH STUDENTS EXCEL. COACHES LEAD MULTIPLE SMALL GROUP SESSIONS PER WEEK, WITH 10-20 HIGH SCHOOL STUDENTS AT A TIME. TYPICALLY THESE COACHES WILL SUPPORT 35-40 STUDENTS THROUGHOUT THE YEAR. OVER THE COURSE OF TWO YEARS, STUDENTS COMMIT TO PARTICIPATING IN AFTER-SCHOOL SESSIONS, COLLEGE FAIRS AND COLLEGE CAMPUS VISITS. THESE AFTER-SCHOOL SESSIONS ARE TWO HOURS EACH, TWICE PER WEEK, GIVING STUDENTS A CONSISTENT MEETING SCHEDULE THAT ALLOWS THEM TO BUILD A SUPPORTIVE PEER GROUP, A KEY FACTOR TO STUDENT ACADEMIC SUCCESS. EACH HIGH SCHOOL STUDENT HAS THE OPPORTUNITY TO RECEIVE A TOTAL OF 320 HOURS OF DIRECT INSTRUCTION. IN THEIR SENIOR YEAR, STUDENTS WORK WITH COACHES TO APPLY TO "BEST-FIT" SCHOOLS THAT FIT THEIR ACADEMIC, SOCIAL AND FINANCIAL NEEDS. STUDENTS ALSO WORK WITH COACHES TO APPLY FOR FINANCIAL AID THROUGH THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) AND BY COMPLETING SCHOLARSHIP APPLICATIONS. ONCE A SENIOR SELECTS THE SCHOOL THEY WILL ATTEND FOR THE FALL, THEY RECEIVE CONTINUED COACHING SUPPORT TO GUIDE THEM THROUGH THE COMPLEX ENROLLMENT PROCESS WHICH INCLUDES ACCEPTING AND MANAGING FINANCIAL AID PACKAGES, REGISTERING FOR CLASSES AND DEVELOPING A HOUSING AND/OR TRANSPORTATION PLAN. AFTER HIGH SCHOOL GRADUATION, AMERICORPS COACHES HELP FOSTER OUR STUDENTS' SUCCESSFUL TRANSITION TO COLLEGE BY PROVIDING INTENSIVE SUMMER BRIDGE SERVICES. EXTERNAL DATA SIGNALS THAT, WHILE MANY STUDENTS INTEND TO GO TO COLLEGE, SOMETHING HAPPENS TO PREVENT THEM FROM ENROLLING IN COLLEGE ON TIME AND, OFTEN, AT ALL. THIS PHENOMENON, CALLED "SUMMER MELT", ESPECIALLY IMPACTS STUDENTS FROM LOW-INCOME BACKGROUNDS. SUMMER MELT CAN BE CAUSED BY A NUMBER OF BARRIERS INCLUDING: UNEXPECTED FEES, LACK OF ACCESS TO THEIR PARENT'S TAX FORMS, UNCERTAINTY ABOUT COURSES, IMPOSTER SYNDROME AND FAMILIAL PRESSURE TO CHOOSE ANOTHER PATH. COLLEGE POSSIBLE'S SUMMER BRIDGE PROGRAMING GIVES STUDENTS ONE-ON-ONE SUPPORT AS PART OF A FOUR-HOUR WORKSHOP, AS WELL AS THE OPPORTUNITY FOR ADDITIONAL SERVICES AS NEEDED TO ENSURE THAT THEY COMPLETE ALL NECESSARY TASKS FOR SUCCESSFUL ENROLLMENT IN AND MATRICULATION TO COLLEGE. BY PROVIDING THIS CRITICAL TRANSITION PROGRAMMING, COLLEGE POSSIBLE HELPS STUDENTS STAY FIRMLY ON THE PATH TO COLLEGE MATRICULATION. AFTER HIGH SCHOOL, COLLEGE POSSIBLE CONTINUES TO SERVE OUR STUDENTS THROUGHOUT THEIR COLLEGE CAREER AS THEY WORK TOWARD GRADUATION AND WORKFORCE ENTRY. COLLEGE COACHES ARE HIGHLY TRAINED TO ASSIST WITH THE CHALLENGES STUDENTS FROM LOW-INCOME BACKGROUNDS FACE WHEN NAVIGATING HIGHER EDUCATION. THEY PROVIDE TARGETED, PROACTIVE SUPPORT TO FOSTER COLLEGE ENROLLMENT, PERSISTENCE AND GRADUATION BY ADDRESSING COMMON ACADEMIC, FINANCIAL AND CULTURAL BARRIERS TO STUDENTS' COLLEGE SUCCESS. COACHES CONTINUE TO WORK WITH STUDENTS THROUGH COLLEGE GRADUATION. IN ORDER TO FULFILL OUR MISSION, COLLEGE POSSIBLE FOCUSES ON: * IDENTIFYING LOW-INCOME STUDENTS WITH THE POTENTIAL FOR HIGHER EDUCATION. NATIONALLY, 240,000 LOW-INCOME HIGH SCHOOL STUDENTS GRADUATE FROM HIGH SCHOOL PREPARED FOR COLLEGE, BUT DON'T GO (GEORGETOWN UNIVERSITY CENTER ON EDUCATION AND THE WORKFORCE, 2013). COLLEGE POSSIBLE SERVES LOW-INCOME STUDENTS WHO HAVE COLLEGE POTENTIAL BUT LACK THE TOOLS TO APPLY. * PROVIDING ACADEMIC SUPPORT FOR COLLEGE ACCESS AND SUCCESS. IN HIGH SCHOOL, INTENSIVE ACT/SAT TEST PREPARATION ENSURES THAT STUDENTS' SCORES REFLECT THEIR TRUE APTITUDE FOR HIGHER EDUCATION IN ORDER TO IMPROVE COLLEGE ADMISSION OPPORTUNITIES WHILE IMPROVING STUDENTS' ACADEMIC PREPARATION. ONCE IN COLLEGE, WE SUPPORT STUDENTS IN IDENTIFYING MAJORS, COURSES AND ACADEMIC SUPPORTS THAT WILL LEAD TO COLLEGE SUCCESS. * INCREASING STUDENTS' UNDERSTANDING OF THE ADMISSIONS PROCESS AND IMPROVING COLLEGE ADMISSION RATES. COLLEGE POSSIBLE PROVIDES INTENSIVE ADMISSIONS CONSULTING TO HELP STUDENTS COMPETE WITH THEIR MORE AFFLUENT PEERS, CHOOSE COLLEGES THAT ARE THE BEST FIT FOR THEM AND ENROLL IN THE COLLEGE OF THEIR CHOICE. * ENSURING FINANCIAL AID FOR STUDENTS. COLLEGE POSSIBLE HELPS STUDENTS IDENTIFY SCHOLARSHIPS, COMPLETE THE ANNUAL FINANCIAL AID PROCESS AND SECURE WORK-STUDY POSITIONS ON CAMPUS. STUDENTS ALSO RECEIVE FINANCIAL LITERACY EDUCATION TO HELP THEM MANAGE AND MAKE THE MOST OF THEIR FINANCIAL RESOURCES. * BUILDING AND SUSTAINING PEER NETWORKS TO PROVIDE SOCIAL AND CULTURAL SUPPORT. RESEARCH SHOWS THE IMPORTANCE OF PEER SUPPORT IN BOTH PREPARING FOR AND SUCCEEDING IN COLLEGE. COLLEGE POSSIBLE HELPS STUDENTS BUILD AND EXPAND SOCIAL NETWORKS TO PROVIDE THIS SUPPORT THROUGHOUT THEIR PURSUIT OF A COLLEGE DEGREE. * LEVERAGING EXISTING NETWORKS OF SUPPORT THROUGH COLLABORATIVE PARTNERSHIPS AND COMMUNITY OUTREACH, COLLEGE POSSIBLE WORKS CLOSELY WITH OTHER MENTORING AND ENRICHMENT PROGRAMS CREATING A PIPELINE OF SERVICES AND LIMITING DUPLICATION OF EFFORT. PROGRAM RESULTS FOR THE FISCAL YEAR ENDING JUNE 30, 2020 ARE AS FOLLOWS: HIGH SCHOOL STUDENTS SERVED: 5,000 COLLEGE STUDENTS SERVED: 10,700 SPECIAL INITIATIVES NAVIGATE COLLEGE POSSIBLE CONTINUALLY STRIVES TO IMPROVE AND EXPAND OUR PROGRAMING. IN RESPONSE TO THE NEEDS IN AREAS OUTSIDE OF THE METROPOLITAN AREAS WHERE WE ARE BASED, WE ARE IMPLEMENTING A TECH-CONNECTED MODEL FOCUSED ON IMPROVING ACHIEVEMENT OF STUDENTS FROM LOW-INCOME BACKGROUNDS, IN GEOGRAPHICALLY UNDERSERVED AREAS. AFTER A TWO-YEAR PILOT IN MINNESOTA, SIMILAR PROGRAMING HAS BEEN IMPLEMENTED IN OREGON AND WISCONSIN. RURAL COMMUNITIES AND NONMETROPOLITAN AREAS ACROSS THE U.S. ARE NOT IDENTICAL, AND THE SOLUTIONS TO INCREASED COLLEGE ACCESS MUST BE ADAPTABLE. IN MINNESOTA, WE HAVE IMPLEMENTED A PURELY TECH-CONNECTED COACHING MODEL, IN WHICH COACHES ENGAGE SELECTED STUDENTS THROUGH EMAIL, TEXT, SOCIAL MEDIA, DISCUSSION BOARDS AND VIRTUAL WORKSHOPS. IN OREGON AND WISCONSIN, EACH SITE HAS DEVELOPED A SPECIFIC BLEND OF STRATEGIES FOR STUDENT ENGAGEMENT, UTILIZING BOTH TRADITIONAL IN-PERS+B24ON, NEAR-PEER COACHING METHOD AND TECH-CONNECTED APPROACHES. COLLEGE POSSIBLE COACHES TRAVEL TO EACH PARTNER SCHOOL TO MEET IN-PERSON WITH A COHORT OF STUDENTS AND ALSO MEET VIRTUALLY WITH EACH STUDENT. STUDENTS SERVED: 570 COLLEGEPOINT STUDENTS FROM LOW-INCOME BACKGROUNDS ARE OFTEN STEERED TOWARD LESS-DEMANDING COLLEGES, REGARDLESS OF THEIR QUALIFICATIONS. THIS UNDERMATCHING CAN RESULT IN LOWER GRADUATION RATES, AND, LONG-TERM, CAN HAVE SIGNIFICANT NEGATIVE IMPACTS ON ECONOMIC INEQUALITY. IN 2014, COLLEGE POSSIBLE WAS INVITED TO JOIN A COMMUNITY OF COLLEGE ACCESS ORGANIZATIONS CONVENED BY BLOOMBERG PHILANTHROPIES TO ADDRESS THIS CHALLENGE. THE COLLEGEPOINT TECH-CONNECTED COACHING MODEL WAS LAUNCHED WITH THE GOAL TO INCREASE THE NUMBER OF HIGH-ACHIEVING, LOW-AND MODERATE-INCOME STUDENTS WHO APPLY TO RIGOROUS, SELECTIVE SCHOOLS. COLLEGEPOINT STUDENTS SERVED: 2,700 |
| FORM 990, PART III, LINE 4B: | CATALYZE: CATALYZE BUILDS THE CAPACITY OF COLLEGES AND UNIVERSITIES TO ADOPT AND INTEGRATE COLLEGE POSSIBLE'S PROVEN COLLEGE COACHING MODEL INTO THEIR OWN INFRASTRUCTURE TO BETTER SUPPORT EVERY LOW-INCOME AND FIRST-GENERATION COLLEGE STUDENT ON CAMPUS, FROM MATRICULATION THROUGH GRADUATION. A CATALYZE PARTNERSHIP ALLOWS COLLEGES AND UNIVERSITIES TO TAILOR THE COLLEGE POSSIBLE MODEL TO MEET THEIR UNIQUE NEEDS. BY PARTNERING WITH COLLEGE POSSIBLE, CAMPUSES CAN ENHANCE THEIR SUPPORT SERVICES FOR STUDENTS FROM LOW-INCOME BACKGROUNDS AND CLOSE THE OPPORTUNITY GAP. IN 2016 WE STARTED PILOT PROGRAMS AT THREE UNIVERSITIES IN MINNESOTA. IN OUR 2019-2020 PROGRAM YEAR WE PARTNERED WITH A TOTAL OF NINE INSTITUTIONS ACROSS SEVEN STATES. EACH OF THESE INSTITUTIONS HOSTS ON-CAMPUS COACHES WHO SUPPORT COLLEGE STUDENTS, FROM LOW-INCOME BACKGROUNDS, WITH COLLEGE POSSIBLE'S TRIED-AND-TRUE CURRICULUM AND COACHING. DATA FROM THE FIRST TWO YEARS OF CATALYZE HAVE SHOWN PROMISING RESULTS: CATALYZE STUDENTS AT PARTNER INSTITUTIONS HAVE SHOWN A 12% INCREASE IN ANNUAL RETENTION RATES COMPARED TO THE OVERALL PELL-ELIGIBLE POPULATION ON THE CAMPUS, AND CATALYZE STUDENTS HAVE A FALL-TO-FALL PERSISTENCE RATE OF 76%. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WILL BE REVIEWED BY THE FINANCE MANAGER AND INTERIM SVP OF FINANCE AND OPERATIONS. THE BUDGET & OVERSIGHT COMMITTEE WILL RECEIVE THE FORM 990 AND REVIEW. THE COMMITTEE WILL VOTE TO AUTHORIZE MANAGEMENT TO SIGN IT ON THE ORGANIZATION'S BEHALF AT THE COMMITTEE MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EMPLOYEES REVIEW AND AGREE TO OUR CONFLICT OF INTEREST POLICY INCLUDED IN OUR EMPLOYEE HANDBOOK AT THE ONSET OF THEIR EMPLOYMENT. ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO FILL OUT AN ANNUAL CONFLICT OF INTEREST FORM. BOARD AND OFFICER FORMS ARE REVIEWED BY THE SVP OF FINANCE AND OPERATIONS INITIALLY, THEN BY THE PRESIDENT AND BOARD OF DIRECTORS IF POTENTIAL CONFLICTS ARE IDENTIFIED. PERSONS WITH IDENTIFIED CONFLICTS OF INTEREST ARE RECUSED FROM PARTICIPATION IN DECISIONS AFFECTED BY THE CONFLICT OF INTEREST. TRANSACTIONS WITH PARTIES WITH WHOM A CONFLICTING INTEREST EXIST MAY BE UNDERTAKEN ONLY IF ALL OF THE FOLLOWING ARE OBSERVED: 1. THE CONFLICT OF INTEREST IS FULLY DISCLOSED, 2. THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION, 3. A COMPETITIVE BID OR COMPARABLE VALUATION EXISTS, AND 4. THE BOARD CHAIR OR A DULY CONSTITUTED COMMITTEE THEREOF HAS DETERMINED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. DISCLOSURE IN THE ORGANIZATION SHOULD BE MADE TO THE PRESIDENT (OR IF SHE OR HE IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD CHAIR), WHO SHALL BRING THE MATTER TO THE ATTENTION OF THE BOARD CHAIR OR THE BUDGET AND OVERSIGHT COMMITTEE. DISCLOSURE INVOLVING DIRECTORS SHOULD BE MADE TO THE BOARD CHAIR (OR IF SHE OR HE IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD VICE-CHAIR), WHO SHALL BRING THESE MATTERS TO THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF. THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO COLLEGE POSSIBLE. THE DECISION OF THE BOARD, OR THE DESIGNATED COMMITTEE, ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF COLLEGE POSSIBLE AND THE ADVANCEMENT OF ITS PURPOSE. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE CEO'S COMPENSATION IS DETERMINED ANNUALLY BY THE ORGANIZATION'S BOARD OF DIRECTORS. AN INDEPENDENT CONSULTANT IS HIRED REGULARLY (MOST RECENTLY IN 2016) TO DETERMINE THE MARKET RATE FOR THE CEO'S COMPENSATION. ANNUALLY, THE HUMAN RESOURCES (HR) COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS COMPARABLE COMPENSATION DATA FOR NONPROFIT CEO'S/EXECUTIVE DIRECTORS AS WELL AS PRE-DETERMINED PERFORMANCE METRICS FOR THE ORGANIZATION'S CEO. 1. FOLLOWING THE 2016 MARKET RATE STUDY, THE CEO'S BASE SALARY INCREASES FOR 2017-2019 WERE DETERMINED BY ASSESSING PERFORMANCE AGAINST ANNUAL GOALS THAT WERE SET BY MUTUAL AGREEMENT BETWEEN THE CEO AND THE HR COMMITTEE, COMPARING THE SALARY AGAINST THE MARKET RATE DATA ('AGED' BY 3% EACH YEAR), AND THEN THE HR COMMITTEE USED DISCRETION TO CHOOSE AN INCREASE. 2. THE BOARD OF DIRECTORS APPROVED A SALARY INCREASE FOR THE CEO TAKING EFFECT AT THE END OF NOVEMBER, 2019. 3. THE DOCUMENTATION OF THE PROCESS INCLUDED AN OUTLINE OF ACTIONS REQUIRED BY THE HR COMMITTEE, MATERIALS/SPREADSHEETS USED BY THE COMMITTEE TO MAKE THE DECISIONS, AND E-MAIL INSTRUCTION FROM THE CHAIR OF THE HR COMMITTEE TO THE COO CONVEYING THE RESULTS OF THE BOARD VOTE. THE PRESIDENT'S COMPENSATION IS RECOMMENDED BY AN OUTSIDE CONSULTING FIRM AND A BOARD HIRING COMMITTEE, ASSESSED AGAINST MARKET RATES, AND THEN APPROVED BY THE BOARD OF DIRECTORS. THE ORGANIZATION ALSO USES AN INDEPENDENT COMPENSATION CONSULTANT TO DETERMINE MARKET RATE FOR THE COO AND CPO COMPENSATION PACKAGES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE AUDIT REPORT AND FORM 990 ARE AVAILABLE ON COLLEGE POSSIBLE'S WEBSITE. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | NEITHER THE OVERSIGHT PROCESS FOR THE AUDIT OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. |