2012-05-10T15:20:42-05:00 2011-04-30 RAFFA PC 1899 L STREET NW SUITE 900 WASHINGTON DC 20036 990 2010-05-01 522007028 COLLEGE SUMMIT INC COLL 2023191763 1763 COLUMBIA ROAD NW NO 2ND FL WASHINGTON DC 20009 DEAN FURBUSH 2023191763 2012-05-10 1 FRANK H SMITH 2028225000 2012-05-10 2010 2016-02-24 21:20:13Z DEAN FURBUSH 1763 COLUMBIA ROAD NW NO 2ND FL WASHINGTON DC 20009 15410108 0 X WWW.COLLEGESUMMIT.ORG X 1996 DC TO INCREASE THE COLLEGE ENROLLMENT RATE FOR LOW-INCOME STUDENTS. 11 11 118 911 0 0 26259716 10645571 3430865 3098017 -321538 -10548 204207 114748 29573250 13847788 79350 42850 0 0 10338171 10502033 0 0 1433154 8489371 8534920 18906892 19079803 10666358 -5232015 22317875 16227779 1965862 1107781 20352013 15119998 X THE ORGANIZATION'S MISSION IS TO INCREASE COLLEGE ENROLLMENT FOR LOW INCOME STUDENTS BY WORKING WITH HIGH SCHOOLS IN VARIOUS STATES THROUGH PARTNERSHIPS WITH SCHOOL DISTRICTS INCLUDING DENVER, ST. LOUIS, OAKLAND, NEW YORK CITY, LOS ANGELES, OAKLAND, KANAWHA COUNTY, WV, PRINCE GEORGE'S COUNTY, MD, INDIANAPOLIS, IN AND MIAMI, FL. 0 0 15355376 42850 3098017 THROUGHOUT THE SUMMER, COLLEGE SUMMIT RUNS FOUR-DAY WORKSHOPS FOR RISING HIGH SCHOOL SENIORS. 25-30 COLLEGE SUMMIT STAFF AND VOLUNTEERS SPEND FOUR DAYS GUIDING 45-55 LOW-INCOME STUDENTS THROUGH THE COLLEGE TRANSITION PROCESS. WORKSHOPS ARE HELD ON PARTNER COLLEGE CAMPUSES AROUND THE COUNTRY FOR STRETCHES OF 3 TO 7 WEEKS, A WORKSHOP OCCURRING EVERY THURSDAY TO SUNDAY. WITH THE HELP OF VOLUNTEERS, STUDENTS WILL ACHIEVE FIVE MAIN GOALS. THEY WILL BE ABLE TO COMPLETE A COLLEGE COMMON APPLICATION, CRAFT A PERSONAL STATEMENT, GAIN INSIGHT ABOUT THE FINANCIAL AID PROCESS, TALK ONE-ON-ONE WITH A COLLEGE COUNSELOR, AND LEARN HOW TO POSITIVELY INFLUENCE THEIR PEERS OUTSIDE OF THE WORKSHOP. IN ADDITION, COLLEGE SUMMIT PROVIDES A SENIOR YEAR COLLEGE TRANSITION CURRICULUM TO PARTNER HIGH SCHOOLS ACROSS THE COUNTRY. THE CURRICULUM GUIDES STUDENTS THROUGH THE COLLEGE APPLICATION PROCESS AND ASSISTS THEM IN CAREER EXPLORATION AND TRANSITIONING FROM HIGH SCHOOL TO COLLEGE. THE CURRICULUM IS TAUGHT BY AN EDUCATOR AS A REGULAR CLASS WITH ASSIGNMENTS SUCH AS PERSONAL STATEMENTS, COLLEGE LISTS, AND THE FAFSA. THE CURRICULUM ALSO INCLUDES AN ONLINE COMPONENT CALLED CSNAV, A COMPREHENSIVE HIGH SCHOOL, COLLEGE AND CAREER PLANNING PORTAL. SPECIALLY TRAINED EDUCATORS COLLECT DATA ON STUDENT PROGRESS TOWARDS KEY MILESTONES IN THE APPLICATION PROCESS TO TAILOR INSTRUCTION APPROPRIATELY.THE COLLEGE SUMMIT EDUCATORS' ACADEMIES (EA) ARE REGIONALLY DELIVERED PROFESSIONAL DEVELOPMENT EXPERIENCES THAT ARE DESIGNED TO PREPARE TEACHERS AND COUNSELORS IN COLLEGE SUMMIT PARTNER SCHOOLS TO IMPLEMENT COLLEGE SUMMIT SUCCESSFULLY. WITH A FOCUS ON THE QUALITY OF INSTRUCTION IN THE COLLEGE SUMMIT CLASSROOM, PLANNING FOR THE ANNUAL EA IS DRIVEN BY RECOMMENDATIONS FROM THE PREVIOUS YEAR'S TRAINING AS WELL AS BY ONGOING RESEARCH CONDUCTED BY COLLEGE SUMMIT'S EDUCATION TEAM. IN STUDIES WITH COLLEGE SUMMIT STUDENTS AND PARTNER EDUCATORS THE TEAM FOUND THAT THE QUALITY OF THE INSTRUCTION IN COLLEGE SUMMIT CLASSES MATTERS TO STUDENTS MORE THAN ANY OTHER TOOL IN THE COLLEGE SUMMIT ARSENAL. THIS FINDING IS CONSISTENT WITH THE EDUCATION LITERATURE THAT FOCUSES ON TEACHER QUALITY AS A CRITICAL VARIABLE IN STUDENT PERFORMANCE. THE DYNAMIC CLASSROOM EXPERIENCE IS FOUNDATIONAL TO INCREASING STUDENT UNDERSTANDING OF HIGH SCHOOL AS A "LAUNCHPAD" FOR COLLEGE AND CAREER SUCCESS AND THEREBY ENHANCING COLLEGE-GOING CULTURE. WHEN STUDENTS CONNECT THEIR HIGH SCHOOL STUDIES TO THEIR FUTURES, WE ARE CONVINCED THAT THEY ARE MORE LIKELY TO COMPLETE KEY COLLEGE AND CAREER MILESTONES. IT IS OUR HOPE THAT THE EA WILL BETTER PREPARE COLLEGE SUMMIT'S PARTNER EDUCATORS BOTH TO DELIVER THE COLLEGE SUMMIT APPROACH AND TO DO IT THROUGH EFFECTIVE CLASSROOM INSTRUCTION. 15355376 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 322 0 1 118 1 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AZ CA CO CT FL GA IL IN KS KY MA MD ME MI MO MS NC PA OH NY NJ NH ND OK RI SC TN UT WA WI WV X DAVE SEABROOK 2023191763 1763 COLUMBIA ROAD NW 2ND FLOOR WASHINGTON DC 20009 BARRY SALZBERG 1.00 X X 0 0 0 ANDREA BLACK 1.00 X 0 0 0 BRIAN DUBENION 1.00 X 0 0 0 CHUCK HARRIS 1.00 X 0 0 0 JAIME HARRISON 1.00 X 0 0 0 VNESSA KIRSCH 1.00 X 0 0 0 JAY MCGONIGLE 1.00 X 0 0 0 JULIE MORK 1.00 X 0 0 0 STEVE SACKS 1.00 X 0 0 0 ART SAMBERG 1.00 X 0 0 0 LAURA SAMBERG 1.00 X 0 0 0 STEVE SELEZNOW 1.00 X 0 0 0 DON SHALVEY 1.00 X 0 0 0 JB SCHRAMM 40.00 X 162315 0 12996 MICHELLE TAFEL 40.00 X 97241 0 7441 DAVE SEABROOK 40.00 X 147418 0 9147 DEAN FURBUSH 40.00 X 167395 0 12996 BRIAN GAINES 40.00 X 154099 0 6999 EMILY BARROSE 40.00 X 147318 0 7899 JOANNE SMITH 40.00 X 149049 0 8180 SEAN MURRAY 40.00 X 135641 0 11137 ROBYN SCATES 40.00 X 140145 0 675 1300621 0 77470 19 0 1 0 XAP 3534 HAYDEN AVENUE CULVER CITY CA 90232 DESIGN AND DEVELOPMENT 575512 YGS GROUP 3650 WEST MARKET ST YORK PA 17404 BOOK PRINTING 338834 BINTEX 4741 CENTRAL STREET SUITE 490 KANSAS CITY MO 64112 NETWORK ADMINISTRATION 324836 THE BRIDGESPAN GROUP 535 BOYLSTON ST 10TH FL BOSTON MA 02116 GROWTH MODEL/ EXECUTIVE SEARCH 115300 4 258499 10387072 1408715 10645571 AGENCY AND SCHOOL FEES 900099 3098017 3098017 3098017 1433 1433 248339 155339 93000 93000 93000 1395000 1406981 -11981 -11981 -11981 OTHER INCOME 900099 21748 21748 21748 13847788 3098017 0 104200 42850 42850 725640 167172 234996 323472 8440955 7146288 745263 549404 166005 147614 11954 6437 500326 458612 30786 10928 669107 538915 69613 60579 41461 31013 7462 2986 52421 39211 9434 3776 1409588 1054371 253675 101542 1466324 1128278 277097 60949 845119 686256 156988 1875 550323 441249 67139 41935 839584 695675 114236 29673 690400 580922 82745 26733 450666 405599 45067 48984 24043 23988 953 PROGRAM DELIVERY 1802146 1522088 97261 182797 OTHER 132139 86765 34480 10894 GIFTS AND AWARDS 86890 71385 7015 8490 TEMPORARY HELP 73971 60649 6615 6707 DUES AND SUBSCRIPTIONS 26772 21318 3280 2174 18132 5103 12179 850 19079803 15355376 2291273 1433154 1083454 28211 781113 257993 15091289 10888233 295687 298251 203651 220634 5852802 1515623 4653164 4337179 209517 197278 22317875 16227779 1271475 611613 666896 474342 27491 21826 1965862 1107781 X 1915734 -238972 18436279 15358970 20352013 15119998 22317875 16227779 -5232015 0 X 0 1 1 X 0 X 8676397 11781443 11488642 26259716 10645571 68851769 8676397 11781443 11488642 26259716 10645571 68851769 27238642 41613127 289552 228864 94180 168592 249772 1030960 10086 95860 11223 166802 21748 305719 70188448 13164742 0.59290 0.61070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1163960 1163960 3159815 172852 2986963 327644 239893 87751 1201383 1102878 98505 4337179 SECURITY DEPOSIT 21826 21826 13847788 19079803 -5232015 0 -5232015 16796266 2793139 155339 2948478 13847788 0 13847788 22028281 2793139 155339 2948478 19079803 0 19079803 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: COLLEGE SUMMIT PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED APRIL 30, 2011, AND DETERMINED THAT THERE WERE NO MATTERS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 155,339. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 155,339. 1 EDUCATOR STIPENDS 282 42850 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: COLLEGE SUMMIT EVALUATES EACH RECIPIENTS ATTENDANCE AND PERFORMANCE DURING THE WORKSHOPS BEFORE THE FUNDS ARE DISTRIBUTED. X X 0 0 0 0 0 0 0 0 0 JB SCHRAMM 162315 0 0 0 0 0 6309 0 6687 0 175311 0 0 0 DAVE SEABROOK 147418 0 0 0 0 0 5047 0 4100 0 156565 0 0 0 DEAN FURBUSH 167395 0 0 0 0 0 6309 0 6687 0 180391 0 0 0 BRIAN GAINES 154099 0 0 0 0 0 313 0 6686 0 161098 0 0 0 EMILY BARROSE 147318 0 0 0 0 0 2520 0 5379 0 155217 0 0 0 JOANNE SMITH 149049 0 0 0 0 0 4108 0 4072 0 157229 0 0 0 X 1 1408715 FMV 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ART SAMBERG AND LAURA SAMBERG ARE BOTH MEMBERS OF THE BOARD AND HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE CONTROLLER, THEN THE CFO. THE CFO THEN PRESENTS THE 990 TO THE PRESIDENT AND THE FINANCE COMMITTEE. THE CFO THEN DISTRIBUTES THE DRAFT COPY OF THE 990 TO EACH MEMBER OF THE BOARD AT LEAST 1 WEEK BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CURRENTLY THERE ARE TWO CONFLICT OF INTEREST POLICIES IN PLACE. ONE IS FOR EMPLOYEES AND ONE FOR BOARD MEMBERS. THE FOLLOWING PROCESS IS FOR EMPLOYEES: - ALL NEW HIRES RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY AND SIGN RECEIPT OF READING AND UNDERSTANDING THE POLICY. - THERE IS YEARLY TRAINING FOR MANAGERS AND EMPLOYEES THAT CONSIST OF CONFLICT OF INTEREST, EMPLOYEE APPRAISALS, EFFECTIVE TOOLS FOR MANAGING (FOR MANAGERS ONLY), AND DIVERSITY AWARENESS, PREVENTING SEXUAL HARASSMENT OR OTHER HARASSMENT CHARGES. - AT THE END OF THE TRAINING EVERYONE SIGNS A CERTIFICATE OF ACKNOWLEDGEMENT OF HAVING RECEIVED A COPY AND READ THE POLICY. THE CERTIFICATE OF ACKNOWLEDGEMENT IS THEN REVIEWED BY THE GENERAL COUNSEL. THE FOLLOWING PROCESS IS FOR BOARD MEMBERS: - BOARD MEMBERS ARE GIVEN THE CONFLICT OF INTEREST POLICY WHEN THEY JOIN THE BOARD. THE SECRETARY (AND/OR VP, HUMAN RESOURCES) TO THE BOARD PROVIDES AN OVERVIEW OF THE POLICY. - ANNUALLY BOARD MEMBERS SIGN A CERTIFICATE OF ACKNOWLEDGMENT OF HAVING RECEIVED A COPY, AND READ THE POLICY. THE CERTIFICATE OF ACKNOWLEDGEMENT IS THEN REVIEWED BY THE GENERAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15 THE VICE PRESIDENT OF HUMAN RESOURCES RECOMMENDS A COMPENSATION PACKAGE BASED ON INFORMATION RECEIVED FROM SIMILARLY SITUATED ORGANIZATIONS IN THE D.C. AREA AND BUDGET LEVELS OF THE ORGANIZATION. THE RECOMMENDED BUDGET LEVELS AND DATA IS THEN FORWARDED TO THE GOVERNING AND NOMINATING COMMITTEE OF THE BOARD OF DIRECTORS. EACH BOARD MEMBER PROVIDES AN EVALUATION OF THE CEO'S PERFORMANCE AND PROVIDES AN OVERVIEW TO THE GOVERNING AND NOMINATION COMMITTEE TO COMPILE RESULTS. THE GOVERNING AND NOMINATING COMMITTEE PROVIDES RESULTS TO THE CHAIR OF THE BOARD OF DIRECTORS AND THE SALARY LEVEL RECOMMENDATIONS. THE CHAIR OF THE BOARD INTERVIEWS AND DISCUSSES THE FINAL EVALUATION WITH THE CEO AND DOCUMENTS THE CEO'S RESPONSES TO ANY OUTSTANDING ITEMS AND TO THE EVALUATION. THE CHAIR TAKES THE FINAL RECOMMENDATIONS ALONG WITH RESPONSE FROM THE CEO TO THE BOARD OF DIRECTORS FOR A FINAL VOTE. ONLY BOARD MEMBERS WITHOUT ANY CONFLICTS OF INTEREST ARE ALLOWED TO VOTE REGARDING THE FINAL COMPENSATION PACKAGE. IN REGARDS TO THE EXECUTIVE LEVEL SALARY PACKAGES, EACH YEAR THE BOARD OF DIRECTORS REVIEWS THE PROPOSED SALARY SCALE TO MAKE SURE IT IS ALIGNED WITH THE CURRENT BUDGET LEVELS. THE VICE PRESIDENT OF HUMAN RESOURCES IS RESPONSIBLE FOR ENSURING THAT COMPENSATION LEVELS ARE IN LINE WITH CURRENT MARKET TRENDS AS WELL AS IN LINE WITH CURRENT BUDGET LEVELS PRIOR TO RECOMMENDING TO THE EXECUTIVE TEAM FOR APPROVAL OF THE CURRENT BUDGET PRIOR TO BEING PUT BEFORE THE BOARD OF DIRECTORS FOR APPROVAL. ALL PROCESSES ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FEDERAL FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.