Civic Intelligence

Kaplan Educational Foundation

990 • Fiscal year 2022 • EIN 20-0495155

Jul 01, 2021 to Jun 30, 2022 • Filed on May 13, 2023

Organization ProfileWWW.KAPLANEDFOUNDATION.ORG
623 Broadway 2nd FloorNew York, NY 10012

(212) 707-5300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

0.04x

Higher debt load relative to assets than 94% of similar nonprofits.

2022 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

0.36x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2022

Net Margin

33rd percentile

-59%

Higher net margin than 33% of similar nonprofits.

2022 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

99th percentile

$179,500

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 32.0% of source-year revenue.

2022 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2022

Asset Growth

13th percentile

-17%

Faster asset growth than 13% of similar nonprofits.

2022 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

70th percentile

13%

Faster revenue growth than 70% of similar nonprofits.

2022 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$4,769,790

Down $987,778 (-17%) from 2021

Net Assets

Down

$4,565,438

Down $1,174,325 (-20%) from 2021

Liabilities

Up

$204,352

Up $186,547 (+1048%) from 2021

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin33rd percentile

Revenue

Up

$561,514

Up $65,017 (+13%) from 2021

Expenses

Up

$891,390

Up $207,646 (+30%) from 2021

Net Income

Down

-$329,876

Down $142,629 (-76%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,535,614Liabilities 2011: $02011Assets 2012: $4,856,473Liabilities 2012: $02012Assets 2019: $5,580,874Liabilities 2019: $217,138Net Assets 2019: $5,363,7362019Assets 2020: $5,209,355Liabilities 2020: $14,313Net Assets 2020: $5,195,0422020Assets 2021: $5,757,568Liabilities 2021: $17,805Net Assets 2021: $5,739,7632021Assets 2022: $4,769,790Liabilities 2022: $204,352Net Assets 2022: $4,565,4382022Assets 2023: $5,137,662Liabilities 2023: $147,073Net Assets 2023: $4,990,5892023Assets 2024: $6,035,384Liabilities 2024: $149,163Net Assets 2024: $5,886,2212024

Highlighted filing

2022

Assets$4,769,790
Liabilities$204,352
Net Assets$4,565,438
Open 2022 Filing

Operations Trend

Revenue Growth70th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $648,462Expenses 2011: $932,166Net Income 2011: -$283,7042011Revenue 2012: $457,742Expenses 2012: $1,004,172Net Income 2012: -$546,4302012Revenue 2019: $769,753Expenses 2019: $793,801Net Income 2019: -$24,0482019Revenue 2020: $335,361Expenses 2020: $677,703Net Income 2020: -$342,3422020Revenue 2021: $496,497Expenses 2021: $683,744Net Income 2021: -$187,2472021Revenue 2022: $561,514Expenses 2022: $891,390Net Income 2022: -$329,8762022Revenue 2023: $754,976Expenses 2023: $725,764Net Income 2023: $29,2122023Revenue 2024: $1,104,879Expenses 2024: $722,858Net Income 2024: $382,0212024

Highlighted filing

2022

Revenue$561,514
Expenses$891,390
Net Income-$329,876
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 13, 2023
Return Version
2021v4.2
Gross Receipts
$923,054
Mission and Program Overview

Mission

To eliminate barriers to higher education for overlooked and under-served students and develop them as world leaders and advocates for their communities by providing a comprehensive array of financial and academic support, transfer admissions, advising and leadership skills development.

Provide academic and financial support to strong college students with demonstrated need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,499,112$4,587,553▼ $911,559
Cash and Non-Interest-Bearing Accounts$226,456$146,244▼ $80,212
Prepaid Expenses and Deferred Charges$32,000$32,000→ $0
Land, Buildings, and Equipment, Net$0$3,993▲ $3,993
Total Assets$5,757,568$4,769,790▼ $987,778
Liabilities
Accounts Payable and Accrued Expenses$17,805$204,352▲ $186,547
Total Liabilities$17,805$204,352▲ $186,547
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,739,763$4,565,438▼ $1,174,325
Total Net Assets Fund Balance$5,739,763$4,565,438▼ $1,174,325
Total Liabilities and Net Assets / Fund Balance$5,757,568$4,769,790▼ $987,778

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,993$3,854$7,847
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy Lee SanchezExecutive DirectorFT$152,137$27,363$179,500

Board Members and Trustees

NameTitle
Melissa MackChairman, Director
Christopher NeumannDirector
Ernest Bervell MensahDirector
Harold ElishDirector
Jane RosenbergDirector
Jennifer MarkowitzDirector
Jon-paul BernardDirector
Yael AufgangDirector, Secretary
Annie TogniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$313,197
Program Service Revenue
$0
Investment Income
$248,317
Other Revenue
$0
All Other Contributions
$313,197
Change in Net Assets
$-329,876

Audited Revenue Reconciliation

Revenue per Audited Statements
$561,514
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-532,589
Total Revenue per Audited Statements
$28,925
Total Revenue per Form 990
$561,514
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$582,217
Other Expenses$173,065
Total Fundraising Expense$161,201
Professional Fundraising Fees$71,500
Grants and Similar Amounts Paid$64,608

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$246,466$77,095$52,731$376,292
Current Officers, Directors, Trustees, and Key Employees$134,879$42,189$28,857$205,925
Fees for Services Professional Fundraising--$71,500$71,500
Grants to Domestic Individuals$64,608--$64,608
All Other Expenses$2,022$22,035-$24,057
Fees for Services Accounting-$19,147-$19,147
Fees for Services Other-$10,585-$10,585
Conferences and Meetings--$4,641$4,641
Information Technology$2,250-$1,554$3,804
Other Expenses$15,938-$1,918$1,918
Advertising$1,283--$1,283
Fees for Services Legal-$189-$189
Total Functional Expenses$558,949$171,240$161,201$891,390

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,203,250
Expenses per Audited Statements$891,390
Total Expenses per Form 990$891,390
Expenses Not Reported on Form 990$311,860
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$71,500
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Management reviews the form 990 prior to filing.”

Form 990, Part VI, Section B, Line 12C

“All officers and directors are required to review the conflict of interest policy on an annual basis. If a conflict does exist, it must be reported.”

Form 990, Part VI, Section B, Line 15A

“The board determines executive director compensation based on compensation information of similar organizations.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Kaplan Educational Foundation
EIN
20-0495155
Phone
2127075300
Address
623 BROADWAY 2ND FLOOR, NEW YORK, NY 10012

Signing Officer

Name
Nolvia L Delgado
Title
Executive Director
Phone
2127075300
Signed
2023-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nolvia L Delgado
Formed
2003
Legal Domicile
De
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
25

Preparer

Firm
Cohnreznick Llp
Address
14 SYLVAN WAY, PARSIPPANY, NJ 07054-3801
Preparer
Lori Rothe Yokobosky CPA
Phone
9732283500
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 2A:

“The organization relies on the services of kaplan, inc. An unrelated organization to assist with processing and filing all required form w-2s. As such, part v, line 2a is 0.”

Raw XML AppendixShowing 400 of 492 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt017805
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0204352
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE ACADEMIC AND FINANCIAL SUPPORT TO STRONG COLLEGE STUDENTS WITH DEMONSTRATED NEED.
IRS990/AdvertisingGrp/ProgramServicesAmt01283
IRS990/AdvertisingGrp/TotalAmt01283
IRS990/AllOtherContributionsAmt0313197
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt022035
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02022
IRS990/AllOtherExpensesGrp/TotalAmt024057
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ANNIE TOGNI
IRS990/BooksInCareOfDetail/PhoneNum02127075300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0623 BROADWAY 2ND FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010012
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0226456
IRS990/CashNonInterestBearingGrp/EOYAmt0146244
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt028857
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt042189
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0134879
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0205925
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt04641
IRS990/ConferencesMeetingsGrp/TotalAmt04641
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0313197
IRS990/CYGrantsAndSimilarPaidAmt064608
IRS990/CYInvestmentIncomeAmt0248317
IRS990/CYOtherExpensesAmt0173065
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-329876
IRS990/CYSalariesCompEmpBnftPaidAmt0582217
IRS990/CYTotalExpensesAmt0891390
IRS990/CYTotalFundraisingExpenseAmt0161201
IRS990/CYTotalProfFndrsngExpnsAmt071500
IRS990/CYTotalRevenueAmt0561514
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO ELIMINATE BARRIERS TO HIGHER EDUCATION FOR OVERLOOKED AND UNDER-SERVED STUDENTS AND DEVELOP THEM AS WORLD LEADERS AND ADVOCATES FOR THEIR COMMUNITIES BY PROVIDING A COMPREHENSIVE ARRAY OF FINANCIAL AND ACADEMIC SUPPORT, TRANSFER ADMISSIONS, ADVISING AND LEADERSHIP SKILLS DEVELOPMENT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0558949
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt019147
IRS990/FeesForServicesAccountingGrp/TotalAmt019147
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0189
IRS990/FeesForServicesLegalGrp/TotalAmt0189
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010585
IRS990/FeesForServicesOtherGrp/TotalAmt010585
IRS990/FeesForServicesProfFundraising/FundraisingAmt071500
IRS990/FeesForServicesProfFundraising/TotalAmt071500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt955.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt927363
IRS990/Form990PartVIISectionAGrp/PersonNm0CHRISTOPHER NEUMANN
IRS990/Form990PartVIISectionAGrp/PersonNm1ERNEST BERVELL MENSAH
IRS990/Form990PartVIISectionAGrp/PersonNm2HAROLD ELISH
IRS990/Form990PartVIISectionAGrp/PersonNm3JANE ROSENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm4JENNIFER MARKOWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm5JON-PAUL BERNARD
IRS990/Form990PartVIISectionAGrp/PersonNm6MELISSA MACK
IRS990/Form990PartVIISectionAGrp/PersonNm7YAEL AUFGANG
IRS990/Form990PartVIISectionAGrp/PersonNm8ANNIE TOGNI
IRS990/Form990PartVIISectionAGrp/PersonNm9NANCY LEE SANCHEZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9152137
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN, DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR, SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0138605
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt064608
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt064608
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt064608
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0500145
IRS990/GrossReceiptsAmt0923054
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01554
IRS990/InformationTechnologyGrp/ProgramServicesAmt02250
IRS990/InformationTechnologyGrp/TotalAmt03804
IRS990/InvestmentIncomeGrp/ExclusionAmt0109712
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0109712
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05499112
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04587553
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03854
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03993
IRS990/LandBldgEquipCostOrOtherBssAmt07847
IRS990/LegalDomicileStateCd0DE
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0361540
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ELIMINATE BARRIERS TO HIGHER EDUCATION FOR OVERLOOKED AND UNDER-SERVED STUDENTS AND DEVELOP THEM AS WORLD LEADERS AND ADVOCATES FOR THEIR COMMUNITIES BY PROVIDING A COMPREHENSIVE ARRAY OF FINANCIAL AND ACADEMIC SUPPORT, TRANSFER ADMISSIONS, ADVISING AND LEADERSHIP SKILLS DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05739763
IRS990/NetAssetsOrFundBalancesEOYAmt04565438
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0138605
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0138605
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-844449
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05739763
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04565438
IRS990/NoncashContributionsAmt06313
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TUTORING & ADVISING
IRS990/OtherExpensesGrp/Desc1CAMPUS VISITS AND TOURS
IRS990/OtherExpensesGrp/Desc2TUTION FEES AND BOOKS
IRS990/OtherExpensesGrp/Desc3MEALS
IRS990/OtherExpensesGrp/FundraisingAmt01918
IRS990/OtherExpensesGrp/ProgramServicesAmt061432
IRS990/OtherExpensesGrp/ProgramServicesAmt130071
IRS990/OtherExpensesGrp/ProgramServicesAmt215938
IRS990/OtherExpensesGrp/TotalAmt061432
IRS990/OtherExpensesGrp/TotalAmt130071
IRS990/OtherExpensesGrp/TotalAmt215938
IRS990/OtherExpensesGrp/TotalAmt31918
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt052731
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt077095
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0246466
IRS990/OtherSalariesAndWagesGrp/TotalAmt0376292
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032000
IRS990/PrincipalOfficerNm0NOLVIA L DELGADO
IRS990/ProfessionalFundraisingInd01
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0391744
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0122254
IRS990/PYInvestmentIncomeAmt0104753
IRS990/PYOtherExpensesAmt0170205
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-187247
IRS990/PYSalariesCompEmpBnftPaidAmt0341110
IRS990/PYTotalExpensesAmt0683744
IRS990/PYTotalProfFndrsngExpnsAmt050175
IRS990/PYTotalRevenueAmt0496497
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-329876
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0313197
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0387837
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0254589
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0634344
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02092043
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03682010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0109712
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0105304
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt062546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt037684
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt074736
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0389982
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.30020
IRS990ScheduleA/PublicSupportPY170Pct00.39550
IRS990ScheduleA/PublicSupportTotal170Amt01222491
IRS990ScheduleA/SubstantialContributorsTotAmt02459519
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0313197
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0387837
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0254589
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0634344
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02092043
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03682010
IRS990ScheduleA/TotalSupportAmt04071992
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0311860
IRS990ScheduleD/DonatedServicesUseFcltsAmt0311860
IRS990ScheduleD/EquipmentGrp/BookValueAmt03993
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03854
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07847
IRS990ScheduleD/ExpensesNotReportedAmt0311860
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0891390
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-844449
IRS990ScheduleD/RevenueNotReportedAmt0-532589
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0561514
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03993
IRS990ScheduleD/TotalExpensesPerForm990Amt0891390
IRS990ScheduleD/TotalRevenuePerForm990Amt0561514
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt028925
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01203250
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0SOLICITATION
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0HUDSON FERRIS
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt071500
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0167 MADISON AVENUE 602
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd010016
IRS990ScheduleG/LicensedStatesCd0CA
IRS990ScheduleG/LicensedStatesCd1CT
IRS990ScheduleG/LicensedStatesCd2DE
IRS990ScheduleG/LicensedStatesCd3FL
IRS990ScheduleG/LicensedStatesCd4GA
IRS990ScheduleG/LicensedStatesCd5MA
IRS990ScheduleG/LicensedStatesCd6NJ
IRS990ScheduleG/LicensedStatesCd7NY
IRS990ScheduleG/LicensedStatesCd8IL
IRS990ScheduleG/LicensedStatesCd9MD
IRS990ScheduleG/LicensedStatesCd10PA
IRS990ScheduleG/LicensedStatesCd11RI
IRS990ScheduleG/LicensedStatesCd12VA
IRS990ScheduleG/LicensedStatesCd13DC
IRS990ScheduleG/LicensedStatesCd14OH
IRS990ScheduleG/TotalRetainedByContractorsAmt071500
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt064608
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STIPENDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt052
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0APPLICATION DOCUMENTS ARE REVIEWED TO DETERMINE APPLICANTS' FINANCIAL NEED. STUDENT PERFORMANCE IS THEN REVIEWED ON A MONTHLY BASIS TO ENSURE COMPLIANCE PRIOR TO STIPEND APPROVAL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0152137
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt017931
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt09432
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NANCY LEE SANCHEZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0179500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RELIES ON THE SERVICES OF KAPLAN, INC. AN UNRELATED ORGANIZATION TO ASSIST WITH PROCESSING AND FILING ALL REQUIRED FORM W-2S. AS SUCH, PART V, LINE 2A IS 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT REVIEWS THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS AND DIRECTORS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. IF A CONFLICT DOES EXIST, IT MUST BE REPORTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD DETERMINES EXECUTIVE DIRECTOR COMPENSATION BASED ON COMPENSATION INFORMATION OF SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 2A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1CT
IRS990/StatesWhereCopyOfReturnIsFldCd2DE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,769,790
Liabilities
$204,352
Net assets
$4,565,438
Revenue
$561,514
Expenses
$891,390
Net income
-$329,876
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.04$0.15$5.89$1.10$0.72$0.38
2023Detailed filing. Detailed filing data is available for this year.$5.14$0.15$4.99$0.75$0.73$0.03
2022Detailed filing. Detailed filing data is available for this year.$4.77$0.20$4.57$0.56$0.89$0.33
2021Detailed filing. Detailed filing data is available for this year.$5.76$0.02$5.74$0.50$0.68$0.19
2020Detailed filing. Detailed filing data is available for this year.$5.21$0.01$5.20$0.34$0.68$0.34
2019Detailed filing. Detailed filing data is available for this year.$5.58$0.22$5.36$0.77$0.79$0.02
2012Summary only. Only limited summary data is available for this year.$4.86$0.00$0.46$1.00$0.55
2011Summary only. Only limited summary data is available for this year.$5.54$0.00$0.65$0.93$0.28