2026-05-15T11:55:11-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1500 RXR PLAZA WEST TOWER UNIONDALE NY 11556 990 2024-07-01 474425987 COLLEGE FOR SOCIAL INNOVATION INC COLL 6176004515 89 SOUTH STREET 407 BOSTON MA 02111 FREDERICK ERIC SCHWARZ CHIEF EXECUTIVE OFFICER 6176004515 2026-05-14 1 1 CATHERINE PETERCSAK P01357092 5167472000 2026-05-14 2024 2025-03-06 01:10:19Z FREDERICK ERIC SCHWARZ 89 SOUTH STREET 407 BOSTON MA 02111 3249548 0 X COLLEGEFORSOCIALINNOVATION.ORG X 2015 MA TO EDUCATE AND INSPIRE THE NEXT GENERATION OF PROBLEM SOLVERS. 7 6 41 250 0 0 1943753 1945788 1111607 1302524 3781 198 0 1038 3059141 3249548 0 0 0 0 1734077 1955366 0 44940 229915 1100684 1160306 2834761 3160612 224380 88936 2181179 1791839 1479387 931111 701792 860728 X TO EDUCATE AND INSPIRE THE NEXT GENERATION OF PROBLEM SOLVERS. 0 0 2265406 1302524 COLLEGE FOR SOCIAL INNOVATION (CFSI) IS A NEW COLLEGE PARTNERSHIP MODEL WITH A MISSION OF EDUCATING AND INSPIRING THE NEXT GENERATION OF PROBLEM SOLVERS. OUR MODEL PROVIDES OPPORTUNITIES FOR DIVERSE COHORTS OF COLLEGE STUDENTS TO EARN A FULL SEMESTER OF CREDIT FOR WELL-SUPPORTED FELLOWSHIPS IN NON-PROFITS, THE PUBLIC SECTOR, AND SOCIAL MISSION BUSINESSES. STUDENTS LEARN THROUGH ACTIVE MENTORING, JOB-RELATED ASSIGNMENTS, AND RELATED SEMINARS AND REFLECTION ACTIVITIES, ALL OF WHICH WILL HELP THEM BUILD CAREER-BASED COMPETENCIES, SOCIAL AND EMOTIONAL SKILLS, AND NETWORKS. STUDENTS SERVE FOUR DAYS A WEEK WITH HOST ORGANIZATIONS, WORKING UNDER A DEDICATED MENTOR AND ALSO PARTICIPATE IN A FOUNDATION COURSE OFFERED ONE EVENING, "THE SOCIAL INNOVATOR'S TOOL BOX, AND ENGAGE IN A SKILL-BUILDING AND REFLECTIVE COURSE ON FRIDAYS CALLED "BECOMING A PROBLEM SOLVER." PARTICIPATING STUDENTS EARN A FULL 16 CREDITS (OR EQUIVALENT) FROM THEIR HOME COLLEGE WITH NO ADDITIONAL TUITION OR FEES. HOST ORGANIZATIONS ARE ABLE TO INVEST IN FUTURE TALENT THROUGH THE OPPORTUNITY TO MENTOR AND DEVELOP A STUDENT FELLOW. OUR LONG-TERM GOAL IS TO CREATE A BIGGER, BETTER PREPARED, AND MORE DIVERSE TALENT PIPELINE FOR THE SOCIAL SECTOR.IN THE DYNAMIC LANDSCAPE OF EDUCATION AND PROFESSIONAL DEVELOPMENT, OUR STUDENT RESULTS AND MENTOR EVALUATIONS IN FISCAL YEAR 2025 SPEAK TO THE TRANSFORMATIVE IMPACT WE'VE HAD ON OUR FELLOWS AND HOST ORGANIZATIONS. OUR EVALUATION FRAMEWORK, B-CREL (BUILDING CAREER READINESS THROUGH EXPERIENTIAL LEARNING), ALLOWS STUDENTS TO SELF-ASSESS THEIR GROWTH ACROSS 20 CORE COMPETENCIES AT THE BEGINNING AND END OF THE SEMESTER, WHILE THEIR MENTORS PROVIDE MIDTERM AND FINAL EVALUATIONS AS PART OF THEIR ACADEMIC GRADE. IN FISCAL YEAR 2024, WE PILOTED A COMPETENCY-BASED BADGING SYSTEM THAT AWARDS BRONZE, SILVER, AND GOLD RECOGNITION FOR PROGRESS IN EACH OF THESE AREAS. IN FISCAL YEAR 2025, THIS MICRO-CREDENTIAL PROGRAM, NOW NAMED "BADGEQUEST" HAS BEEN EXPANDED AND INTEGRATED INTO ALL OF OUR SEMESTER-BASED PROGRAMMING. DURING THE FALL OF 2024 AND SPRING OF 2025, OUR FELLOWS SHOWED SIGNIFICANT GROWTH IN ALL 20 WORKFORCE-RELATED COMPETENCIES, THE BIGGEST IMPROVEMENTS LARGELY BEING IN SKILLS EMPLOYERS VALUE MOST, INCLUDING COMMUNICATION, CRITICAL THINKING, AND TEAMWORK ACROSS DIFFERENCES. IN RELATION TO PROFESSIONAL DEVELOPMENT AND PERSONAL GROWTH, 100% OF ALUMNI CONTINUE TO REPORT GAINING PROFESSIONAL SKILLS, 99% REPORT GATHERING NEW CONNECTIONS WITHIN THEIR PROFESSIONAL NETWORK, AND 98% REPORT BUILDING THE SKILLS TO BECOME A MORE VALUABLE EMPLOYEE. BUT OUR IMPACT IS NOT ONLY LIMITED TO OUR STUDENTS, ONE MENTOR'S COMMENT ILLUSTRATES THE VALUE FELLOWS BRING TO HOST ORGANIZATIONS: "THIS PROGRAM FACILITATED CAPACITY-BUILDING AND ENHANCED MY MANAGERIAL SKILLS. I WHOLEHEARTEDLY RECOMMEND IT TO ANYONE SEEKING MEANINGFUL PROFESSIONAL DEVELOPMENT." IN A LANDSCAPE WHERE ONLY 36% OF BUSINESS LEADERS BELIEVE THAT TRADITIONAL COLLEGES ADEQUATELY PREPARE GRADUATES FOR THE WORKFORCE, OUR HIGH-IMPACT EXPERIENTIAL LEARNING MODEL IS PROVIDING UNPARALLELED PROFESSIONAL DEVELOPMENT AND INDISPENSABLE LIFE SKILLS. IN THE SPRING OF 2024, WE PILOTED A NEW GAP YEAR INITIATIVE WITH DIRECT OUTREACH TO STUDENTS WHO HAD NOT YET ENROLLED IN COLLEGE OR HAD LEFT COLLEGE AND WERE LOOKING FOR A DIFFERENT KIND OF EDUCATIONAL EXPERIENCE. WE SERVED 10 SUCH STUDENTS AND NOTED THAT OVERALL, GAP STUDENTS THRIVED IN THEIR INTERNSHIPS, RECEIVED GOOD FEEDBACK FROM MENTORS, AND FIT IN WELL WITH THEIR COHORT. WE ALSO SAW WAYS IN WHICH OUR PROGRAMS DRAMATICALLY ACCELERATED THEIR SKILLS, MATURITY, AND NETWORKS, AND PUT THEM ON BETTER POST-SECONDARY PATHWAYS. AS PART OF OUR GO-TO-MARKET STRATEGY WE HAVE BECOME A MEMBER OF THE GAP YEAR ASSOCIATION, DEVELOPED RELATIONSHIPS WITH APPROXIMATELY 25 DEDICATED GAP YEAR COUNSELORS AND COMMUNITY-BASED ORGANIZATIONS, AND NEGOTIATED WITH NEW VENDING PARTNERS FOR DIRECT INTRODUCTIONS TO 100 INDEPENDENT EDUCATIONAL COUNSELORS. WITHIN JUST MONTHS OF OUR GAP YEAR PILOT LAUNCH, THESE EFFORTS HAVE RESULTED IN OUR SEMESTER IN THE CITY PROGRAM BECOMING A TOP 50 (OF APPROXIMATELY 650) RANKED GAP YEAR PROGRAM AMONG KEY DISCOVERY PLATFORMS. IN 2025, OUR GAP YEAR INITIATIVE CONTINUES TO EXPAND, AND WE HAVE ADDED NEW SUPPORTS SPECIFICALLY TARGETED TO GAP YEAR STUDENTS INCLUDING ADDITIONAL CAREER COACHING, ACADEMIC ADVISING, AND FINANCIAL SUPPORTS.IN JULY OF 2023, WE BEGAN WORKING UNDER THE FIRST YEAR OF AN AMERICORPS NATIONAL DIRECT GRANT. OUR SUCCESSFUL IMPLEMENTATION OF AMERICORPS PROGRAMS LED TO CFSI COLLECTING OUR FULL GRANT FUNDING, SUCCESSFUL CLEARING OF FEDERAL GRANT COMPLIANCE, AND ALLOWED US TO RAISE CFSI'S NATIONAL PROFILE THROUGH AMERICORPS CONFERENCES AND NETWORKING. OUR AMERICORPS SERVICE WORK HAS CONTINUED THROUGH 2025, COLLECTING OUR FULL GRANT FUNDING, AND PROVIDING CONTINUE SUPPORT AND ADVOCACY TO AMERICORPS PROGRAMS AND MEMBERS. 2265406 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 21 0 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 1 0 MA X EDWARD S CHURCHILL JR COO 7742590265 68 CENTRAL STREET 2 SOMERVILLE MA 02143 FREDERICK ERIC SCHWARZ CEO/PRESIDENT 40.00 X X 202249 0 38395 ADRIA GOODSON CO-CHAIR 5.00 X X 0 0 0 DENNIS HANNO CO-CHAIR 5.00 X X 0 0 0 TOM CRAIG TREASURER 5.00 X X 0 0 0 LISA BUTLER DIRECTOR 5.00 X 0 0 0 MARQUIS TAYLOR DIRECTOR 5.00 X 0 0 0 JAMES ATWOOD DIRECTOR (UNTIL FEB 2025) 5.00 X 0 0 0 TULAINE MONTGOMERY DIRECTOR 5.00 X 0 0 0 DOLITA CATHCART CHIEF PROGRAM OFFICER 40.00 X 103113 0 14277 EDWARD CHURCHILL JR SR DIRECTOR OF FINANCE & OPERATIONS 40.00 X 97811 0 14567 403173 0 67239 2 0 1 0 0 916231 1029557 50354 1945788 PROGRAM SERVICE FEES 611310 1235024 1235024 SEMESTER IN THE CITY P 611310 67500 67500 1302524 198 198 SPEAKER FEES 900099 1000 1000 OTHER REVENUE 900099 38 38 1038 3249548 1302524 0 1236 466624 295868 135344 35412 1075394 882828 107047 85519 165999 139802 12980 13217 247349 190941 36982 19426 25801 25801 44940 44940 112274 83745 8983 19546 16808 13056 2425 1327 64190 9317 53019 1854 1500 218 1239 43 66198 63979 2219 48122 48122 63400 63400 23764 20892 2872 STUDENT HOUSING 621796 404168 211410 6218 PROGRAM STUDENT COSTS 61237 58628 2442 167 CREDIT LOSS EXPENSE 54421 54421 0 REPAIRS & MAINTENANCE 795 768 27 3160612 2265406 665291 229915 230978 309642 265861 111211 276912 252215 0 216827 72643 92517 20237 12218 5547 8019 1329238 801408 2181179 1791839 86225 6618 15146 16038 1378016 908455 1479387 931111 X 546792 705728 155000 155000 701792 860728 2181179 1791839 88936 70000 0 X 0 0 0 X 971452 1130777 1106357 1943753 1945788 7098127 1049014 1330965 1170215 1111607 1302524 5964325 2020466 2461742 2276572 3055360 3248312 13062452 127083 359889 700641 461714 160354 1809681 0 127083 359889 700641 461714 160354 1809681 11252771 754 1409 3253 3781 198 9395 754 1409 3253 3781 198 9395 1038 1038 2021220 2463151 2279825 3059141 3249548 13072885 0.86080 0.80210 0.00070 0.00080 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: SPEAKER FEES - 2024 AMOUNT: $ 1,000. OTHER INCOME - 2024 AMOUNT: $ 38. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20237 12218 8019 8019 OPERATING LEASE RIGHT-OF-USE ASSETS 801408 801408 OPERATING LEASE LIABILITY 908455 908455 X X X X X X 1 JOEL HORWICH 501 NW CANYON DRIVE REDMOND OR 97756 GRANT WRITING & CONSULTATION 0 0 15920 0 HAGAR BERLIN 58 HENSHAW STREET WEST NEWTON MA 02465 GRANT WRITING & CONSULTATION 0 0 29020 0 44940 MA X X X 0 0 0 0 0 0 0 0 0 FREDERICK ERIC SCHWARZ CEO/PRESIDENT 202249 0 0 0 0 0 0 0 38395 0 240644 0 0 0 X 1 50354 NYSE 0 0 0 PART I, COLUMN (B): COLUMN B REPORTS THE NUMBER OF CONTRIBUTORS FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WORKS WITH AN INDEPENDENT CPA FIRM TO PREPARE AND FILE THE FORM 990. A DRAFT OF THE FORM 990 IS THEN REVIEWED BY THE CHIEF OPERATING OFFICER AND THE CHIEF EXECUTIVE OFFICER. A COPY OF THE FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS BY THE ORGANIZATION PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT IS APPLICABLE TO ALL BOARD MEMBERS AND SENIOR STAFF WITH POWERS DELEGATED TO IT BY THE BOARD (COLLECTIVELY, "INTERESTED PERSON"). IN ACCORDANCE WITH THE POLICY, ANNUALLY, EACH INTERESTED PERSON MUST PROVIDE A SIGNED ATTESTATION REGARDING THE CONFLICT OF INTEREST POLICY. UPON DISCLOSING A FINANCIAL INTEREST TO THE BOARD BY AN INTERESTED PERSON, AND AFTER ANY NECESSARY DISCUSSION, THE INTERESTED PERSON WILL LEAVE THE MEETING AND THE REMAINING MEMBERS OF THE BOARD WILL DETERMINE IF A CONFLICT ACTUALLY EXISTS. IF A CONFLICT IS DEEMED TO EXIST, THE DISINTERESTED DIRECTORS WILL REVIEW AND VOTE UPON WHETHER THE TRANSACTION IS IN THE BEST INTERESTS OF THE ORGANIZATION AND WHETHER IT IS FAIR OR REASONABLE. THE INTERESTED PERSON MAY MAKE A PRESENTATION TO THE BOARD, BUT MUST LEAVE THE MEETING PRIOR TO ANY DISCUSSION/VOTE ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 FOUNDING CEO FREDERICK (ERIC) SCHWARZ AND THE TWO OTHER FOUNDING MEMBERS OF THE BOARD PUT SOME CAREFUL THOUGHT INTO STARTING COMPENSATION FOR SCHWARZ, AN ACCOMPLISHED SOCIAL ENTREPRENEUR WITH APPROXIMATELY 30 YEARS OF RELEVANT EXPERIENCE. TAKEN INTO ACCOUNT WERE SEVERAL FACTORS, INCLUDING: -SCHWARZ'S PAST EXPERIENCE AND COMPENSATION AS A SOCIAL SECTOR LEADER -SCHWARZ'S LEADERSHIP AS A FULL-TIME UNCOMPENSATED VOLUNTEER FOR NINE MONTHS (LATE 2014 TO AUGUST 2015) DEVELOPING THE COLLEGE FOR SOCIAL INNOVATION IDEA AND BUSINESS PLAN -INFORMAL BENCHMARKS OF OTHER SOCIAL ENTREPRENEURS WITH TWO TO THREE DECADES OF RELEVANT EXECUTIVE EXPERIENCE STARTING NEW SOCIAL SECTOR ORGANIZATIONS -INFORMAL BENCHMARKING OF CEO COMPENSATION FOR NEW ENTREPRENEURIAL VENTURES IN THE HIGHER EDUCATION WORLD BASED ON THIS INFORMAL BENCHMARKING AND SCHWARZ'S PAST COMPENSATION AND EXPERIENCE, SCHWARZ PROPOSED A SALARY THAT WAS A 10% REDUCTION FROM HIS COMPENSATION AT CITIZEN SCHOOLS AND COMMITTED TO TAKE NO COLA OR MERIT RAISE FOR AT LEAST TWO YEARS AS THE ORGANIZATION SCALED FROM START-UP TO AN ANTICIPATED BUDGET OF APPROXIMATELY $3 MILLION IN FY18, THE ORGANIZATION'S THIRD YEAR OF OPERATIONS. OUTSIDE BOARD MEMBERS TOM CRAIG AND TULAINE MONTGOMERY DISCUSSED THE SALARY AND APPROVED IT AS PART OF APPROVING THE ORGANIZATION'S FY16 BUDGET. PRIOR TO ANY FUTURE CHANGES TO THE COMPENSATION, COLLEGE FOR SOCIAL INNOVATION PLANS TO CREATE A FORMAL FINANCE AND BUDGET COMMITTEE CHARGED WITH, AMONG OTHER THINGS, REVIEWING AND APPROVING EXECUTIVE COMPENSATION, BASED ON PERFORMANCE AND INDUSTRY NORMS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.