Civic Intelligence

College Forward

EIN 43-2003552 • 501(c)3 • Austin, TX

View Organization Page

Profile

College forward provides college preparatory and retention services tomotivated economically challenged students in order to facilitatetheir transition to college and to make the process more exciting andrewarding.

1023 Springdale Road Building 15Austin, TX 78721

www.collegeforward.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

74th percentile

27%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $2,433,160 (-100%) from 2020

Liabilities

Down

$0

Down $1,882,736 (-100%) from 2020

Net Assets

Down

$0

Down $550,424 (-100%) from 2020

Operations
Liabilities / Revenue19th percentileNet Margin19th percentile

Revenue

Up

$4,050,534

Up $850,133 (+27%) from 2020

Expenses

Up

$4,600,958

Up $167,472 (+3.8%) from 2020

Net Income

Up

-$550,424

Up $682,661 (+55%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $843,502Liabilities 2010: $47,204Net Assets 2010: $796,2982010Assets 2011: $1,102,476Liabilities 2011: $87,474Net Assets 2011: $1,015,0022011Assets 2012: $1,464,015Liabilities 2012: $98,711Net Assets 2012: $1,365,3042012Assets 2013: $1,855,851Liabilities 2013: $123,041Net Assets 2013: $1,732,8102013Assets 2014: $3,126,386Liabilities 2014: $143,730Net Assets 2014: $2,982,6562014Assets 2015: $2,072,136Liabilities 2015: $179,672Net Assets 2015: $1,892,4642015Assets 2016: $716,431Liabilities 2016: $270,205Net Assets 2016: $446,2262016Assets 2017: $2,610,452Liabilities 2017: $563,534Net Assets 2017: $2,046,9182017Assets 2018: $1,429,525Liabilities 2018: $808,941Net Assets 2018: $620,5842018Assets 2019: $3,296,848Liabilities 2019: $1,513,339Net Assets 2019: $1,783,5092019Assets 2020: $2,433,160Liabilities 2020: $1,882,736Net Assets 2020: $550,4242020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,594,5182010Expenses 2011: $1,769,9202011Expenses 2012: $2,193,1172012Expenses 2013: $2,884,8422013Revenue 2014: $4,067,587Expenses 2014: $2,817,741Net Income 2014: $1,249,8462014Revenue 2015: $2,390,408Expenses 2015: $3,480,600Net Income 2015: -$1,090,1922015Revenue 2016: $2,532,066Expenses 2016: $3,978,304Net Income 2016: -$1,446,2382016Revenue 2017: $5,508,780Expenses 2017: $3,908,088Net Income 2017: $1,600,6922017Revenue 2018: $2,349,644Expenses 2018: $3,775,978Net Income 2018: -$1,426,3342018Revenue 2019: $4,735,270Expenses 2019: $3,572,345Net Income 2019: $1,162,9252019Revenue 2020: $3,200,401Expenses 2020: $4,433,486Net Income 2020: -$1,233,0852020Revenue 2021: $4,050,534Expenses 2021: $4,600,958Net Income 2021: -$550,4242021

Highlighted filing

2021

Revenue$4,050,534
Expenses$4,600,958
Net Income-$550,424
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$4,050,534
Expenses
$4,600,958
Net income
-$550,424
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$4.05$4.60$0.55
2020Detailed filing. Detailed filing data is available for this year.$2.43$1.88$0.55$3.20$4.43$1.23
2019Detailed filing. Detailed filing data is available for this year.$3.30$1.51$1.78$4.74$3.57$1.16
2018Detailed filing. Detailed filing data is available for this year.$1.43$0.81$0.62$2.35$3.78$1.43
2017Detailed filing. Detailed filing data is available for this year.$2.61$0.56$2.05$5.51$3.91$1.60
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.27$0.45$2.53$3.98$1.45
2015Detailed filing. Detailed filing data is available for this year.$2.07$0.18$1.89$2.39$3.48$1.09
2014Detailed filing. Detailed filing data is available for this year.$3.13$0.14$2.98$4.07$2.82$1.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.12$1.73$2.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.10$1.37$2.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.09$1.02$1.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.05$0.80$1.59
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 15, 2022
Return Version
2020v4.2
Gross Receipts
$4,050,534
Mission and Program Overview

Mission

College forward provides college preparatory and retention services tomotivated economically challenged students in order to facilitatetheir transition to college and to make the process more exciting andrewarding.

Provide college preparatory and retention services to low income students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,467,825$0▼ $1,467,825
Pledges and Grants Receivable$559,352$0▼ $559,352
Land, Buildings, and Equipment, Net$139,790$0▼ $139,790
Accounts Receivable$138,088$0▼ $138,088
Prepaid Expenses and Deferred Charges$49,617$0▼ $49,617
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,433,160$0▼ $2,433,160
Other Assets Total$78,488$0▼ $78,488
Liabilities
Unsecured Notes Loans Payable$1,577,612--
Accounts Payable and Accrued Expenses$195,186--
Deferred Revenue$109,938--
Total Liabilities$1,882,736$0▼ $1,882,736
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,597,931$0▼ $1,597,931
Net Assets Without Donor Restrictions$-1,047,507$0▲ $1,047,507
Total Net Assets Fund Balance$550,424$0▼ $550,424
Total Liabilities and Net Assets / Fund Balance$2,433,160$0▼ $2,433,160
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Austin BuchanChief Executive OfficerFT$120,561$6,095$126,656

Board Members and Trustees

NameTitle
Richard TagleBoard Chair
Carol McdonaldBoard Member
Jenn StarrBoard Member
Nirav ShahBoard Member
Doreen WiseDevelopment Committee Chai
Stephanie VerdugoFinance Committee Member
Todd PennerFinance Committee Member
Revenue and Support

Revenue Composition

Contributions and Grants
$3,105,519
Program Service Revenue
$944,694
Investment Income
$0
Other Revenue
$321
All Other Contributions
$1,919,953
Change in Net Assets
$-550,424

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$1,291,347Book Value
Total Noncash Contributions1$1,291,347-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,759,187
Revenue Not Reported on Financial Statements
$1,291,347
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1,291,347
Total Revenue per Audited Statements
$2,759,187
Total Revenue per Form 990
$4,050,534
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,030,014
Other Expenses$1,570,944
Total Fundraising Expense$532,778
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,064,805$304,598$289,914$2,659,317
Insurance$302,176$63,841$47,674$413,691
Occupancy$229,736$36,138$29,902$295,776
Fees for Services Other$142,043$66,049$62,338$270,430
Payroll Taxes$172,018$25,376$24,153$221,547
Current Officers, Directors, Trustees, and Key Employees$98,341$14,507$13,808$126,656
Office Expenses$39,876$8,505$5,433$53,814
Depreciation Depletion$39,202$6,167$2,423$47,792
Other Expenses$28,469$5,859$3,241$37,569
Information Technology$24,681$3,925$5,102$33,708
Fees for Services Accounting-$27,518-$27,518
Other Employee Benefits$17,291$3,688$1,515$22,494
All Other Expenses$14,719$3,029$1,676$19,424
Interest-$17,562-$17,562
Advertising$4,408$907$502$5,817
Conferences and Meetings$1,137$243$100$1,480
Travel$676$144$73$893
Fees for Services Legal-$680-$680
Total Functional Expenses$3,427,137$641,043$532,778$4,600,958

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,600,958
Total Expenses per Audited Statements$4,600,958
Total Expenses per Form 990$4,600,958
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 A, Line 8B

“No committee has authority to act on behalf of the governing body so line 8b is not applicable.”

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

“A draft copy of form 990 is presented to the finance committee members for their review and approval prior to being presented to the full board of directors for their approval prior to filing.”

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

“Currently, each board member is required to file and sign a conflict of interest statement each year. This conflict of interest statement is then submitted to management for their review.”

Form 990, Part VI, Section B, Line 15

“The process for determining compensation of the executive director included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision.”

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.”

Filing and Contact Details

Filer

Filer Name
College Forward
EIN
43-2003552
Phone
5124524800
Address
1023 SPRINGDALE ROAD BUILDING 15, AUSTIN, TX 78721

Signing Officer

Name
Austin Buchan
Title
CEO
Phone
5124524800
Signed
2022-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Austin Buchan
Formed
2003
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
129
Volunteers
8

Preparer

Firm
Maxwell Locke & Ritter Llp
Address
401 CONGRESS AVENUE SUITE 1100, AUSTIN, TX 78701-9682
Preparer
Sean Holcomb
Phone
5123703200
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“In may 2021, the organization entered into an agreement and plan of merger with college possible, a minnesota nonprofit corporation. College possible's mission is to make college admission and success possible for low-income students in the united states through an intensive curriculum of coaching and support. Effective july 1, 2021, college possible acquired all of the organization's assets and liabilities, and certain members of the organization's board of directors (the "board") are the college possible texas site board of directors. College possible did not pay any consideration for the acquisition of the organization.”

Form 990, Part XII, Line 2C

“The organization's oversight process and its process for selection of an independent accountant did not change during the tax year.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Inherent contribution from merger with college possible on july 1, 2021 1,291,347.”

Raw XML AppendixShowing 400 of 497 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.

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IRS990/Desc0COLLEGE FORWARD PROVIDES COLLEGE PREPARATORY AND RETENTION SERVICES TOMOTIVATED ECONOMICALLY CHALLENGED STUDENTS IN ORDER TO FACILITATETHEIR TRANSITION TO COLLEGE AND TO MAKE THE PROCESS MORE EXCITING ANDREWARDING.IN MAY 2021, THE ORGANIZATION ENTERED INTO AN AGREEMENT AND PLAN OF MERGER WITH COLLEGE POSSIBLE, A MINNESOTA NONPROFIT CORPORATION. COLLEGE POSSIBLE'S MISSION IS TO MAKE COLLEGE ADMISSION AND SUCCESS POSSIBLE FOR LOW-INCOME STUDENTS IN THE UNITED STATES THROUGH AN INTENSIVE CURRICULUM OF COACHING AND SUPPORT. EFFECTIVE JULY 1, 2021, COLLEGE POSSIBLE ACQUIRED ALL OF THE ORGANIZATION'S ASSETS AND LIABILITIES.
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IRS990/InsuranceGrp/TotalAmt0413691
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt017562
IRS990/InterestGrp/TotalAmt017562
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0139790
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0COLLEGE FORWARD PROVIDES COLLEGE PREPARATORY AND RETENTION SERVICES TOMOTIVATED ECONOMICALLY CHALLENGED STUDENTS IN ORDER TO FACILITATETHEIR TRANSITION TO COLLEGE AND TO MAKE THE PROCESS MORE EXCITING ANDREWARDING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0550424
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1047507
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/NoncashContributionsAmt01291347
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt029902
IRS990/OccupancyGrp/ManagementAndGeneralAmt036138
IRS990/OccupancyGrp/ProgramServicesAmt0229736
IRS990/OccupancyGrp/TotalAmt0295776
IRS990/OfficeExpensesGrp/FundraisingAmt05433
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08505
IRS990/OfficeExpensesGrp/ProgramServicesAmt039876
IRS990/OfficeExpensesGrp/TotalAmt053814
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt078488
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01515
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03688
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017291
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022494
IRS990/OtherExpensesGrp/Desc0SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2BUSINESS EXPENSES
IRS990/OtherExpensesGrp/Desc3BAD DEBT/WRITE OFFS
IRS990/OtherExpensesGrp/FundraisingAmt032196
IRS990/OtherExpensesGrp/FundraisingAmt17431
IRS990/OtherExpensesGrp/FundraisingAmt25297
IRS990/OtherExpensesGrp/FundraisingAmt33241
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025976
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt113436
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt212895
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt35859
IRS990/OtherExpensesGrp/ProgramServicesAmt0121802
IRS990/OtherExpensesGrp/ProgramServicesAmt165294
IRS990/OtherExpensesGrp/ProgramServicesAmt260463
IRS990/OtherExpensesGrp/ProgramServicesAmt328469
IRS990/OtherExpensesGrp/TotalAmt0179974
IRS990/OtherExpensesGrp/TotalAmt186161
IRS990/OtherExpensesGrp/TotalAmt278655
IRS990/OtherExpensesGrp/TotalAmt337569
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0321
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0321
IRS990/OtherRevenueTotalAmt0321
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0289914
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0304598
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02064805
IRS990/OtherSalariesAndWagesGrp/TotalAmt02659317
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt024153
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025376
IRS990/PayrollTaxesGrp/ProgramServicesAmt0172018
IRS990/PayrollTaxesGrp/TotalAmt0221547
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0559352
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049617
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0AUSTIN BUCHAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0944694
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0944694
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02028643
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01391778
IRS990/PYOtherRevenueAmt06518
IRS990/PYProgramServiceRevenueAmt01165240
IRS990/PYRevenuesLessExpensesAmt0-1233085
IRS990/PYSalariesCompEmpBnftPaidAmt03041708
IRS990/PYTotalExpensesAmt04433486
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03200401
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-550424
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0945015
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03105519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02028643
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03253452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01401029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04293643
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014082286
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05723220
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0321
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06518
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04624
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt019463
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt08197
IRS990ScheduleA/OtherIncome170Grp/TotalAmt039123
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80090
IRS990ScheduleA/PublicSupportPY170Pct00.76260
IRS990ScheduleA/PublicSupportTotal170Amt011309785
IRS990ScheduleA/SubstantialContributorsTotAmt02772501
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03105519
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02028643
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03253452
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01401029
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04293643
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014082286
IRS990ScheduleA/TotalSupportAmt014121409
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04600958
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01291347
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01291347
IRS990ScheduleD/RevenueSubtotalAmt02759187
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INHERENT CONTRIBUTION FROM MERGER WITH COLLEGE POSSIBLE ON JULY 1, 2021 1,291,347.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt04600958
IRS990ScheduleD/TotalRevenuePerForm990Amt04050534
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02759187
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04600958
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0INHERENT CONTRIBUTION OF ASSETS NET OF ASSOCIATED LIABILITIES IN MERGE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0BOOK VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt01291347
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd01
IRS990ScheduleN/EmployeeOfSuccessorInd01
IRS990ScheduleN/LiabilitiesPaidInd00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH, RECEIVABLES, FIXED ASSETS, PREPAIDS AND OTHER ASSETS NET OF ASSOCIATED LIABILITIES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0COLLEGE POSSIBLE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0411968798
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt01291347
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0755 PRIOR AVENUE NORTH NO 210
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0SAINT PAUL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd055104
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: DOREEN WISE, AUSTIN BUCHAN
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: DOREEN WISE, BOARD MEMBER OF COLLEGE FOWARD, WILL BECOME A BOARD MEMBER OF COLLEGE POSSIBLE. AUSTIN BUCHAN, CURRENT OFFICER OF COLLEGE FORWARD, WILL BECOME AN EMPLOYEE OF COLLEGE POSSIBLE.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 2E:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN MAY 2021, THE ORGANIZATION ENTERED INTO AN AGREEMENT AND PLAN OF MERGER WITH COLLEGE POSSIBLE, A MINNESOTA NONPROFIT CORPORATION. COLLEGE POSSIBLE'S MISSION IS TO MAKE COLLEGE ADMISSION AND SUCCESS POSSIBLE FOR LOW-INCOME STUDENTS IN THE UNITED STATES THROUGH AN INTENSIVE CURRICULUM OF COACHING AND SUPPORT. EFFECTIVE JULY 1, 2021, COLLEGE POSSIBLE ACQUIRED ALL OF THE ORGANIZATION'S ASSETS AND LIABILITIES, AND CERTAIN MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS (THE "BOARD") ARE THE COLLEGE POSSIBLE TEXAS SITE BOARD OF DIRECTORS. COLLEGE POSSIBLE DID NOT PAY ANY CONSIDERATION FOR THE ACQUISITION OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY SO LINE 8B IS NOT APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT COPY OF FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE MEMBERS FOR THEIR REVIEW AND APPROVAL PRIOR TO BEING PRESENTED TO THE FULL BOARD OF DIRECTORS FOR THEIR APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CURRENTLY, EACH BOARD MEMBER IS REQUIRED TO FILE AND SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR. THIS CONFLICT OF INTEREST STATEMENT IS THEN SUBMITTED TO MANAGEMENT FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR INCLUDED A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.

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