2020-11-18T09:51:59-06:00 2020-06-30 521273734 LINTON SHAFER WARFIELD & GARRETT PA 1803 RESEARCH BLVD SUITE 404 ROCKVILLE MD 20850 990 2019-07-01 204499806 COLLEGETRACKS INC COLL 3019864124 8737 COLESVILLE ROAD SUITE 1010 SILVER SPRING MD 20910 NANCY LEOPOLD INTERIM EXECUTIVE DIRECTOR 3019864124 2020-11-18 1 C EVA WEBB P01251814 3016629200 50.237.117.226 2020-11-18 09:51:55 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E6BB017DEE791ABD98420A54256CB8E02F0A57D4 2019 2021-01-29 14:40:06Z NANCY LEOPOLD 8737 COLESVILLE ROAD SUITE 1010 SILVER SPRING MD 20910 2363035 0 X WWW.COLLEGETRACKSUSA.ORG X 2006 MD CHANGES LIVES AND COMMUNITIES BY GIVING LOW-INCOME AND FIRST GENERATION-TO-COLLEGE STUDENTS THE CHANCE TO GO TO COLLEGE WITH ENOUGH FINANCIAL AID AND CONTINUING SUPPORT TO ATTAIN DEGREES. 17 17 32 90 0 0 2000273 2362033 0 0 697 1002 0 0 2000970 2363035 77018 20173 0 0 1474610 2033230 0 0 344319 276791 308295 1828419 2361698 172551 1337 1199774 1487011 651480 937380 548294 549631 COLLEGETRACKS CHANGES LIVES AND COMMUNITIES BY GIVING LOW-INCOME AND FIRST GENERATION-TO-COLLEGE STUDENTS THE CHANCE TO GO TO COLLEGE WITH ENOUGH FINANCIAL AID AND CONTINUING SUPPORT TO ATTAIN DEGREES. 0 0 1823016 TO OFFER: (1) COLLEGE ADMISSIONS AND FINANCIAL AID ADVISING TO STUDENTS AND FAMILIES SO THEY SUCCESSFULLY NAVIGATE THE COLLEGE ADMISSIONS PROCESS; (2) COLLEGE SUCCESS ADVISING TO INCREASE THE LIKELIHOOD THAT LOW-INCOME, FIRST-GENERATION COLLEGE STUDENTS WILL ATTAIN DEGREES. 20173 20173 SCHOLARSHIPS: THE B-CC COMMUNITY SCHOLARSHIPS AWARDED. 1843189 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 32 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X NANCY LEOPOLD 3019864124 8737 COLESVILLE ROAD SILVER SPRING MD 20910 KEVIN BEVERLY PRESIDENT 2.00 X X 0 0 0 HILARY JOEL VICE PRESIDENT 2.00 X X 0 0 0 BOB PHILLIPS TREASURER 2.00 X X 0 0 0 BINIAM ABEBE DIRECTOR 1.00 X 0 0 0 PEGGY FITZGERALD BARE SECRETARY 2.00 X X 0 0 0 SHERRY BINDEMAN DIRECTOR 1.00 X 0 0 0 RODRIGO CASTRO DIRECTOR 1.00 X 0 0 0 MICHAEL CITREN DIRECTOR 1.00 X 0 0 0 CHRISTINA RYAN DIGIULIAN DIRECTOR 1.00 X 0 0 0 JOHN FRUEHWIRTH DIRECTOR 1.00 X 0 0 0 NED JOHNSON DIRECTOR 1.00 X 0 0 0 JOAN KLEINMAN DIRECTOR 1.00 X 0 0 0 KEVIN LAVIN DIRECTOR 1.00 X 0 0 0 FAYE LEVIN DIRECTOR 1.00 X 0 0 0 GENE SACHS DIRECTOR 1.00 X 0 0 0 RAYMOND BENNETT DIRECTOR 1.00 X 0 0 0 CHRISTOPHER KIM DIRECTOR 1.00 X 0 0 0 NANCY LEOPOLD EXEC. DIR. THROUGH AUGUST 2019 40.00 X 81756 0 1948 LINDA YOUNGENTOB CEO BEGINNING AUGUST 2019 40.00 X 42917 0 1382 124673 0 3330 0 0 0 0 0 988301 1373732 2362033 1002 1002 2363035 0 0 1002 20173 20173 140949 118396 2820 19733 1636537 1322299 89381 224857 255744 205101 14204 36439 20900 20900 47659 8437 6000 33222 27770 17941 2898 6931 11520 7471 3849 200 85753 74450 3379 7924 12520 11566 142 812 2741 2380 108 253 5842 5842 STAFF RECRUITMENT 61032 33131 17067 10834 COMPUTER SERVICES 13294 11542 524 1228 PAYROLL PROCESSING FEES 5925 5925 PROFESSIONAL DEVELOPMEN 3554 3554 9785 6748 1151 1886 2361698 1843189 174190 344319 315962 693949 45877 40586 295000 257500 19230 50347 32858 15877 16546 7408 11879 9138 478968 419614 1199774 1487011 122179 139687 529301 475437 0 322256 651480 937380 X 26853 137836 521441 411795 548294 549631 1199774 1487011 1337 0 X X 0 1 X 1 0 X 1312299 1193019 1793112 2000273 2362033 8660736 1312299 1193019 1793112 2000273 2362033 8660736 1032706 7628030 76 756 435 697 1002 2966 8663702 0.88050 0.84160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9602 3200 6402 2840 2840 0 4104 1368 2736 9138 OPERATING LEASE RIGHT TO USE ASSET 419614 419614 PAYCHECK PROTECTION PROGRAM NOTE PAYABLE 322256 322256 X 2403646 40611 40611 2363035 0 2363035 2402309 40611 40611 2361698 0 2361698 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITONS AT JUNE 30, 2020. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSES. THE ORGANIZATION HAS NOT EARNED UNRELATED BUSINESS INCOME DURING THE YEARS ENDED JUNE 30, 2020 . FOR TAX PURPOSES, THE ORGANIZATION'S OPEN AUDIT YEARS ARE 2016-2018. 1 SCHOLARSHIPS 18 20173 PART I, LINE 2: COLLEGETRACKS STUDENTS WHO RECEIVE GRANTS THROUGH COLLEGE TRACKS PARTICIPATE IN OUR COLLEGE SUCCESS PROGRAM, THROUGH WHICH WE MONITOR THEIR ACADEMIC AND OTHER PROGRESS THROUGH COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE IRS FORM 990 IS DISTRIBUTED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS PREPARES ANNUAL CONFLICT OF INTEREST FORMS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION COMMITTEE RESEARCHES SALARIES OF EXECUTIVE DIRECTORS OF SIMILAR ORGANIZATIONS AND RECOMMENDS SALARY TO THE FULL BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST PART XII, LINE 2C THERE WAS NO CHANGE IN THIS PROCESS DURING THE YEAR.