College Access Fairfax EIN 03-0546470

College Access Fairfax

EIN  03-0546470 Higher education institution Falls Church, VA Founded 2004
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Helps Fairfax students get financial aid for college.
Leadership
Judith T Wilson · Chairperson
Money in and out
$167K revenue, $157K expenses
Bottom line
+6% operating surplus

Helps Fairfax students get financial aid for college. For fiscal year 2024 it reported $167K in revenue, $157K in expenses, and $538K in net assets.Pt I

Financial scale & money flow · FY2024
Total revenue
$167K
Pt VIII · Ln 12
Total expenses
$157K
Pt IX · Ln 25
Net assets
$538K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $10K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06 Fundraising $0.00
Operating surplus
+6%
revenue over expenses, this legal entity▲ +165% vs prior filing year
Payroll share
18%
of this entity's spending is salaries & benefits▼ -28% vs prior filing year
Program spending
94%
of expenses reach program services0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$167K
FY2024▲ +10%
Expenses
$157K
FY2024▼ -5%
Total assets
$556K
FY2024▼ -4%
Total liabilities
$18K
FY2024▼ -63%
Total revenue
$167K
Pt VIII · Ln 12
Total expenses
$157K
Pt IX · Ln 25
Net assets
$538K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$10K
Total assetsPt X · Ln 16$556K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $147K of program spending, described in the organization's own filed words · FY2024.
01

Assist students with higher education by offering scholarships. A committee comprised of individuals working in the field of college access and donors are invited to review scholarship applications via an on-line platform (smarter select). A rubric for each scholarship has been created to score various elements of the application.

$117Kprogram expense
02

Educate and guide parents and students through the financial aid process, including completing federal forms, searching for scholarships, interpreting student aid reports and other services. Services are provided through parent workshops and by caf's financial aid champions at selected local high schools, all free of charge.

$28Kprogram expense
03

In partnership with the VA529 plan, each year 15-30 10TH grade students at edison high school are selected to participate in the soar program. This program works with students who qualify for free and reduced price meals to ensure they have information to prepare them to apply for college.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCollege Access Fairfax
EINHdr · item D03-0546470
Principal addressHdr · item CFalls Church, VA
WebsiteHdr · item Jwww.collegeaccessfairfax.org
Year of formationHdr · item L2004
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFJan 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairperson
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$157K · 94%
Investment income$8K · 5%
Other revenue$2K · 1%
Contributions & grants94%$157K
Investment income5%$8K
Other revenue1%$2K
Total revenueLn 12$167K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06 Fundraising $0.00
Program services94%$147K
Management & general6%$10K
Fundraising$72
Total functional expensesLn 25$157K

Balance Sheet

Part X · end of year
CashLn 1$553K
Total assetsLn 16$556K
Total liabilitiesLn 26$18K
Total net assetsLn 32$538K
Months of cash on handcomputed42.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $553K · Operating expenses/yr $157K
42.2 months
Where the money goes
Program services
Program services $147K · Total expenses $157K
94%
Management & General
Management & general $10K · Total expenses $157K
6%
Fundraising
Fundraising $72 · Total expenses $157K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $258 · Solicited contributions (3-yr avg) $155K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $157K · Total revenue $167K
94%
Government reliance
Government grants — · Total revenue $167K
Earned-income share
Program service revenue $0 · Total revenue $167K
0%
Investment reliance
Investment income $8K · Total revenue $167K
+5%
Program self-sufficiency
Program service revenue $0 · Total expenses $157K
0%
Growth & trend
Revenue growth (YoY)
This year $167K · Prior year $152K
+10%
Revenue CAGR
FY2019 $173K · FY2024 $167K
-1%
Net-asset trend (YoY)
End of year $538K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $167K · Expenses $157K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $556K
Net-asset ratio
Net assets $538K · Total assets $556K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $556K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Judith T Wilson · Reported title CHAIRPERSON · Highest reported compensation $0 · Total expenses $157K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $29K · Total expenses $157K
18%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0%
Revenue growth 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$28K
Grants paid · 6 grants · $588K · 2019–2024
Unitemized GrantFY2024$96,850
Unitemized GrantFY2023$95,250
Unitemized GrantFY2022$112,249
Unitemized GrantFY2021$71,292
Unitemized GrantFY2020$110,640
Unitemized GrantFY2019$101,240

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$152K revenue · ⤓ 990 PDF
FY2023$170K revenue · ⤓ 990 PDF
FY2022$120K revenue · ⤓ 990 PDF
FY2021$203K revenue · ⤓ 990 PDF
FY2020$173K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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