College Bound EIN 27-1997517

College Bound

EIN  27-1997517 Higher education institution Mesa, AZ
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Guides under-represented students to college through mentorship and support.
Leadership
Elizabeth Paulus · CEO · $1K
Money in and out
$297K revenue, $157K expenses
Bottom line
+47% operating surplus

Guides under-represented students to college through mentorship and support. For fiscal year 2025 it reported $297K in revenue, $157K in expenses, and $257K in net assets.Pt I

Financial scale & money flow · FY2025
Total revenue
$297K
Pt VIII · Ln 12
Total expenses
$157K
Pt IX · Ln 25
Net assets
$257K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $140K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.11 Fundraising $0.16
Operating surplus
+47%
revenue over expenses, this legal entity▲ +29% vs prior filing year
Payroll share
39%
of this entity's spending is salaries & benefits▼ -8% vs prior filing year
Program spending
73%
of expenses reach program services

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$297K
FY2025▲ +60%
Total revenue
$297K
Pt VIII · Ln 12
Total expenses
$157K
Pt IX · Ln 25
Net assets
$257K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$140K
Total assetsPt X · Ln 16$257K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $114K of program spending, described in the organization's own filed words · FY2024.
01

262 12th grade students transitioned to college through workshops and mentoring on mentoring and financial aid applications. 23 laptops and 15 cash scholarships were awarded. 10 college students received job or internship placement assistance.

$85Kprogram expense
02

High school and college students 18-25 received food through the College Bound food pantry and the partnership with Benedictine University. 5,379 meals were provided to students and families.

$28Kprogram expense
03

53 12th grade students with IEPs or 504 plans received assistance to register for next schools disability resource centers educational accommodations.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCollege Bound
EINHdr · item D27-1997517
Principal addressHdr · item CMesa, AZ
WebsiteHdr · item Jcollegeboundaz.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFMay 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$800Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Elizabeth Paulus’s $800 as CEO is at the 1st percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants$319K · 107%
Investment income$6K · 2%
Contributions & grants107%$319K
Investment income2%$6K
— government grantsLn 1e$32K
Total revenueLn 12$297K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.11 Fundraising $0.16
Program services73%$114K
Management & general11%$18K
Fundraising16%$25K
Total functional expensesLn 25$157K

Balance Sheet

Part X · end of year
CashLn 1$256K
Total assetsLn 16$257K
Total liabilitiesLn 26$428
Total net assetsLn 32$257K
Months of cash on handcomputed19.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $256K · Operating expenses (Pt IX) $157K · Less non-cash grants $56K · Cash operating expenses/yr $101K
30.4 months
Where the money goes
Program services
Program services $114K · Total expenses $157K
73%
Management & General
Management & general $18K · Total expenses $157K
11%
Fundraising
Fundraising $25K · Total expenses $157K
16%
Cost to raise $1
Fundraising expense $25K · Solicited contributions $287K
$0.09 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $319K · Total revenue $297K
107%
Government reliance
Government grants $32K · Total revenue $297K
11%
Earned-income share
Program service revenue $0 · Total revenue $297K
0%
Investment reliance
Investment income $6K · Total revenue $297K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $157K
0%
Growth & trend
Revenue growth (YoY)
This year $297K · Prior year $185K
+60%
Revenue CAGR
FY2019 $34K · FY2024 $297K
+54%
Net-asset trend (YoY)
End of year $257K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $297K · Expenses $157K
+47%
Liabilities-to-Assets
Total liabilities — · Total assets $257K
Net-asset ratio
Net assets $257K · Total assets $257K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $257K
0%
People & payroll
Highest Reported Total Compensation
Individual Elizabeth Paulus · Reported title CEO · Highest reported compensation $800 · Total expenses $157K
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $61K · Total expenses $157K
39%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 11%
Fundraising cost ratio 8%
Revenue growth 60%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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$27K
Grants paid · 1 grant · $7K · 2024–2024
Unitemized GrantFY2024$7,091

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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
FY2025 (Latest)$297K revenue · viewing · ⤓ 990 PDF
FY2024$185K revenue · ⤓ 990 PDF
FY2023$96K revenue · ⤓ 990 PDF
FY2022$72K revenue · ⤓ 990 PDF
FY2021$84K revenue · ⤓ 990 PDF
FY2020$34K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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