Civic Intelligence

College Advising Corps Inc

EIN 46-1192687 • 501(c)3 • Chapel Hill, NC

Profile

College advising corps works to increase the number of low-income, first-generation college, and underrepresented high school students who enter and complete higher education. To deliver on this mission, we place well-trained, recent college graduates, from partner institutions of higher education, as full-time college advisers in the nation's underserved high schools.

301 W Barbee Chapel Rd No 210Chapel Hill, NC 27517-7513

www.advisingcorps.org

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.12x

Higher debt load relative to assets than 32% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

23rd percentile

0.09x

Higher debt load relative to revenue than 23% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Net Margin

63rd percentile

10%

Higher net margin than 63% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$305,686

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

NTEE B • $25M-$50M nonprofits • Source year 2024

Asset Growth

81st percentile

19%

Faster asset growth than 81% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

15%

Faster revenue growth than 64% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$18,494,062

Up $2,895,838 (+19%) from 2023

Liabilities

Down

$2,211,951

Down $176,632 (-7.4%) from 2023

Net Assets

Up

$16,282,111

Up $3,072,470 (+23%) from 2023

Revenue

Up

$25,019,187

Up $3,288,461 (+15%) from 2023

Expenses

Up

$22,426,717

Up $6,823,640 (+44%) from 2023

Net Income

Down

$2,592,470

Down $3,535,179 (-58%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2014: $10,081,242Liabilities 2014: $4,068,096Net Assets 2014: $6,013,1462014Assets 2015: $12,279,035Liabilities 2015: $3,569,970Net Assets 2015: $8,709,0652015Assets 2016: $17,295,368Liabilities 2016: $7,218,175Net Assets 2016: $10,077,1932016Assets 2017: $26,492,765Liabilities 2017: $12,218,816Net Assets 2017: $14,273,9492017Assets 2018: $18,129,428Liabilities 2018: $12,705,092Net Assets 2018: $5,424,3362018Assets 2019: $21,978,541Liabilities 2019: $13,779,100Net Assets 2019: $8,199,4412019Assets 2020: $21,991,590Liabilities 2020: $17,210,087Net Assets 2020: $4,781,5032020Assets 2021: $20,327,206Liabilities 2021: $19,021,692Net Assets 2021: $1,305,5142021Assets 2022: $28,872,669Liabilities 2022: $21,790,681Net Assets 2022: $7,081,9882022Assets 2023: $15,598,224Liabilities 2023: $2,388,583Net Assets 2023: $13,209,6412023Assets 2024: $18,494,062Liabilities 2024: $2,211,951Net Assets 2024: $16,282,1112024

Highlighted filing

2024

Assets$18,494,062
Liabilities$2,211,951
Net Assets$16,282,111

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2014: $14,189,562Expenses 2014: $8,869,749Net Income 2014: $5,319,8132014Revenue 2015: $12,308,505Expenses 2015: $9,612,586Net Income 2015: $2,695,9192015Revenue 2016: $14,795,454Expenses 2016: $13,427,326Net Income 2016: $1,368,1282016Revenue 2017: $22,064,136Expenses 2017: $18,141,472Net Income 2017: $3,922,6642017Revenue 2018: $9,508,236Expenses 2018: $18,289,102Net Income 2018: -$8,780,8662018Revenue 2019: $26,671,590Expenses 2019: $23,802,726Net Income 2019: $2,868,8642019Revenue 2020: $23,265,455Expenses 2020: $26,664,963Net Income 2020: -$3,399,5082020Revenue 2021: $21,685,877Expenses 2021: $25,101,492Net Income 2021: -$3,415,6152021Revenue 2022: $30,525,715Expenses 2022: $25,103,916Net Income 2022: $5,421,7992022Revenue 2023: $21,730,726Expenses 2023: $15,603,077Net Income 2023: $6,127,6492023Revenue 2024: $25,019,187Expenses 2024: $22,426,717Net Income 2024: $2,592,4702024

Highlighted filing

2024

Revenue$25,019,187
Expenses$22,426,717
Net Income$2,592,470

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 9, 2018
Return Version
2016v3.0
Gross Receipts
$22,064,136
Mission and Program Overview

Mission

College advising corps is one of the largest college access organizations in the country. We ensure low-income, first-generation college, and underrepresented high school students receive the guidance and tools they need to identify and pursue postsecondary education opportunities. We believe every student deserves the opportunity to pursue a postsecondary education, the surest path, we believe, to economic mobility.

College advising corps works to increase college access for under-represented high school students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$14,198,528$23,131,689▲ $8,933,161
Cash and Non-Interest-Bearing Accounts$2,954,142$3,253,081▲ $298,939
Accounts Receivable$34,274$77,301▲ $43,027
Land, Buildings, and Equipment, Net$73,594$30,694▼ $42,900
Investments in Publicly Traded Securities$23,940--
Prepaid Expenses and Deferred Charges$10,890--
Total Assets$17,295,368$26,492,765▲ $9,197,397
Liabilities
Grants Payable$6,487,892$11,414,905▲ $4,927,013
Accounts Payable and Accrued Expenses$730,283$790,229▲ $59,946
Other Liabilities$0$13,682▲ $13,682
Total Liabilities$7,218,175$12,218,816▲ $5,000,641
Net Assets / Fund Balance
Temporarily Rstr Net Assets$17,955,188$27,983,468▲ $10,028,280
Unrestricted Net Assets$-7,877,995$-13,709,519▼ $5,831,524
Total Net Assets Fund Balance$10,077,193$14,273,949▲ $4,196,756
Total Liabilities and Net Assets / Fund Balance$17,295,368$26,492,765▲ $9,197,397

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$30,694$98,006$128,700
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicole F HurdChief Executive OfficerFT$299,666$21,828$321,494
Parmod ChandnaChief Financial OfficerFT$159,166$17,205$176,371
Jennifer TywaterChief Program OfficerFT$128,125$9,900$138,025
Rebecca CullenChief Operating Officer (tFT$66,256$2,520$68,776

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
EaseEvaluation And Impact Services1839 WALNUT DR, Mountain View, CA 94040, Ca$497,176
Bridgespan Group INCStrategic Consultancy2 COPLEY PL SUITE 3700B, Boston, MA 02116$260,000
Wardman Park MarriottAnnual Adviser Summit2660 WOODLEY RD NW, Washington, DC 20008$200,000
Blue Engine INCSub Contractor75 BROAD ST SUITE 2900, New York, NY 10004$106,350
BritewebOutside Computer Services-$103,635
Revenue and Support

Revenue Composition

Contributions and Grants
$21,937,556
Program Service Revenue
$115,301
Investment Income
$2,205
Other Revenue
$9,074
All Other Contributions
$21,541,743
Change in Net Assets
$3,922,664

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
Securities Publicly Traded1$333,334Fair Market Value (FMV)
Total Noncash Contributions1$333,334-

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,064,136
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$348,519
Total Revenue per Audited Statements
$22,412,655
Total Revenue per Form 990
$22,064,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$12,212,980
Salaries, Compensation, and Employee Benefits$3,247,011
Other Expenses$2,681,481
Total Fundraising Expense$683,639
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$12,126,547--$12,126,547
Other Salaries and Wages$1,517,131$201,511$182,416$1,901,058
Travel$745,991$111,766$16,663$874,420
Current Officers, Directors, Trustees, and Key Employees$100,165$414,539$334,050$848,754
Fees for Services Other$696,068$78,575$28,180$802,823
Other Employee Benefits$176,267$23,413$21,194$220,874
Payroll Taxes$172,756$22,946$20,772$216,474
Information Technology$98,702$49,219$27,648$175,569
Occupancy$93,282$48,614$26,130$168,026
Grants to Domestic Individuals$86,433--$86,433
Pension Plan Contributions$47,764$6,344$5,743$59,851
Depreciation Depletion$26,684$8,741$7,475$42,900
Other Expenses$16,969$8,908$4,753$30,630
Office Expenses$4,446$22,231$1,245$27,922
Insurance-$23,710-$23,710
Advertising$676$672$190$1,538
Total Functional Expenses$16,426,788$1,031,045$683,639$18,141,472

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$18,215,899
Expenses per Audited Statements$18,141,472
Total Expenses per Form 990$18,141,472
Expenses Not Reported on Form 990$74,427
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Southern CaliforniaLos Angeles, CA501(c)(3)College Advising$1,084,849
Boston UniversityBoston, MA501(c)(3)College Advising$986,087
University of California BerkeleyBerkeley, CA501(c)(3)College Advising$981,744
New York UniversityNew York, NY501(c)(3)College Advising$952,564
University of North CarolinaChapel Hill, NC501(c)(3)College Advising$849,884
North Carolina State UniversityRaleigh, NC501(c)(3)College Advising$827,773
Davidson CollegeDavidson, NC501(c)(3)College Advising$821,297
University of MissouriKansas City, MO501(c)(3)College Advising$767,021
Texas a & M UniversityCollege Station, TX501(c)(3)College Advising$716,567
University of Texas - AustinAustin, TX501(c)(3)College Advising$558,937
University of GeorgiaAthens, GA501(c)(3)College Advising$546,362
Duke UniversityDurham, NC501(c)(3)College Advising$527,528
Franklin & Marshall CollegeLancaster, PA501(c)(3)College Advising$407,035
Michigan State UniversityLansing, MI501(c)(3)College Advising$364,995
Texas Christian UniversityFort Worth, TX501(c)(3)College Advising$351,409
University of VirginiaCharlottesville, VA501(c)(3)College Advising$315,452
University of MichiganAnn Arbor, MI501(c)(3)College Advising$294,655
Trinity UniversitySan Antonio, TX501(c)(3)College Advising$237,416
Brown UniversityProvidence, RI501(c)(3)College Advising$198,267
Alaska Commission on Postsecondary EducationJuneau, AK501(c)(3)College Advising$171,232
University of ArizonaTucson, AZ501(c)(3)College Advising$137,023
Kansas State UniversityManhattan, KS501(c)(3)College Advising$28,450
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$13,682
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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

After the 990 has been prepared, it is reviewed by the cfo, coo and ceo. The ceo subsequently sends it to the board of directors (governing body) for review before it is filed.

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

The board of directors receives the conflict of interest policy as well as corporate compliance policies and procedures. Compliance is monitored by the board and ceo who are keenly aware of the importance of these policies.

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

The ceo's compensation is determined and approved by the board and is documented in a written employment contract. The board also reviews the ceo's performance semiannually and adjusts pay accordingly.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, financial statements, and forms 990 are available upon request at our office.

Filing and Contact Details

Filer

Filer Name
National College Advising Corps Inc
EIN
46-1192687
Phone
9194426300
Address
301 W BARBEE CHAPEL RD NO 210, CHAPEL HILL, NC 27517-7513

Signing Officer

Name
Parmod Chandna
Title
Chief Financial Officer
Phone
9194426300
Signed
2018-01-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Parmod Chandna
Formed
2013
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
7
Employees
58
Volunteers
7

Preparer

Firm
Blackman & Sloop Cpas Pa
Address
1414 RALEIGH RD SUITE 300, CHAPEL HILL, NC 27517
Phone
9199428700
Raw XML AppendixShowing 400 of 761 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/Form990PartVIISectionAGrp/PersonNm3H HOLDEN THORP
IRS990/Form990PartVIISectionAGrp/PersonNm4MC BELK PILON
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN SEXTON
IRS990/Form990PartVIISectionAGrp/PersonNm6PETER GRAUER
IRS990/Form990PartVIISectionAGrp/PersonNm7NICOLE F HURD
IRS990/Form990PartVIISectionAGrp/PersonNm8PARMOD CHANDNA
IRS990/Form990PartVIISectionAGrp/PersonNm9REBECCA CULLEN
IRS990/Form990PartVIISectionAGrp/PersonNm10JENNIFER TYWATER
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt966256
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10128125
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IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF OPERATING OFFICER (T
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF PROGRAM OFFICER
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IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
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IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
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IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt023940
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0COLLEGE ADVISING CORPS WORKS TO INCREASE THE NUMBER OF LOW-INCOME, FIRST-GENERATION COLLEGE, AND UNDER-REPRESENTED HIGH SCHOOL STUDENTS WHO ENTER AND COMPLETE HIGHER EDUCATION. TO DELIVER ON THIS MISSION, WE PLACE WELL-TRAINED, RECENT COLLEGE GRADUATES, FROM PARTNER INSTITUTIONS OF HIGHER EDUCATION, AS FULL-TIME COLLEGE ADVISERS IN THE NATION'S UNDERSERVED HIGH SCHOOLS.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/ManagementAndGeneralAmt048614
IRS990/OccupancyGrp/ProgramServicesAmt093282
IRS990/OccupancyGrp/TotalAmt0168026
IRS990/OfficeExpensesGrp/FundraisingAmt01245
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022231
IRS990/OfficeExpensesGrp/ProgramServicesAmt04446
IRS990/OfficeExpensesGrp/TotalAmt027922
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt021194
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023413
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0220874
IRS990/OtherExpensesGrp/Desc0EVALUATION AND IMPACT E
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IRS990/OtherExpensesGrp/FundraisingAmt14753
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09856
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IRS990/OtherExpensesGrp/ProgramServicesAmt216969
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IRS990/OtherExpensesGrp/TotalAmt142666
IRS990/OtherExpensesGrp/TotalAmt230630
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IRS990/QuidProQuoContributionsInd00
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IRS990/RevenueAmt0115301
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME $9,074
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, SECTION B, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt012279909
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt014002696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0693333
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02790
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt012279909
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0693333
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt063678228
IRS990ScheduleA/TotalSupportAmt063719011
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0348519
IRS990ScheduleD/DonatedServicesUseFcltsAmt074427
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt018141472
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt098006
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0128700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt0348519
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt022064136
IRS990ScheduleD/TotalBookValueLandBuildingsAmt030694
IRS990ScheduleD/TotalExpensesPerForm990Amt018141472
IRS990ScheduleD/TotalLiabilityAmt013682
IRS990ScheduleD/TotalRevenuePerForm990Amt022064136

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