Through scholarships and college readiness programming, we create hope and brighter futures for youth of all backgrounds in northeast wisconsin.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$163K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $188K a year · 16% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$163K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
6 mo
of spending, in cash
Plus $9.6M in investments, Pt X · Ln 11–13
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $283K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$76K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
+22% vs prior year
Spent
$962K
To programs
76%
Net assets
$10.0M
By yearFY2020–FY2025
Revenue
$1.0M
FY2021▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$829K
FY2021$1.0M
FY2022$1.1M
FY2023$608K
FY2024$934K
FY2025$2.4M
Expenses
$962K
FY2021▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$935K
FY2021$962K
FY2022$930K
FY2023$968K
FY2024$1.1M
FY2025$910K
Net assets
$10.0M
FY2021▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.9M
FY2021$10.0M
FY2022$8.4M
FY2023$8.5M
FY2024$9.1M
FY2025$10.0M

From the FY2021 Form 990 (year ending August 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1965.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $736K Management & general 18% · $176K Fundraising 5% · $50K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $163K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$102,475Pt VII · Sec A
Operations Director
$60,789Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Brent Roubal’s $114K as Executive Director is at the 41st percentile of top reported officer pay among 3394 $1–10M 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.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Brent Roubal$114,264$110,919$107,906$102,292$102,475$95,561
Jennifer Tice$72,530$70,260$66,263$61,919$60,789$55,316

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Collegeready INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps students pursue and succeed in college through encouragement and investment.

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2 programs · $736K · in their own filed words · FY2020
01

Scholarships

We help deserving students with financial need make their college dreams come true through scholarships. This past year we supported 178 local students with awards totaling $366,101. Recipients are selected through a comprehensive application process which evaluates their academic achievement, community involvement, leadership, and…

$560Kprogram expense
02

College Readiness

Our new scholars program helps area students overcome poverty with the power of education. Through our curriculum, which is built to improve reading, writing, and character development, we help low-income students become the first in their family to attend and graduate from college.

$175Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 6 grants · $2.1M · 2019–2024
Unitemized GrantFY2024$194,323
Unitemized GrantFY2023$392,813
Unitemized GrantFY2022$371,568
Unitemized GrantFY2021$352,486
Unitemized GrantFY2020$366,101
Unitemized GrantFY2019$410,650

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Investment incomeLn 3$527K
Gifts and grantsLn 1h$478K
Fees for servicesLn 2g$3K
Money outPt IX
$962K
Ln 25
Programscol B$736K
Managementcol C$176K
Fundraisingcol D$50K
Owns and owesPt X
$10.0M
net assets · Ln 32
Cash and savingsLn 1–2$478K
Total assetsLn 16$10.1M
LiabilitiesLn 26$76K
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$478K
Government grantsLn 1e$59K
Fees for servicesLn 2g$3K
Investment incomeLn 3$527K
Gains on assetsLn 7$425K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$47K
SavingsLn 2$431K
Cash and savings togetherLn 1–2$478K
InvestmentsLn 11–13$9.6M
Other assetsLn 15$2K
Total assetsLn 16$10.1M
LiabilitiesLn 26$76K
Net assetsLn 32$10.0M
OperationsPt I, VI
EmployeesI 57
VolunteersI 698
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$586K$478K
InvestmentsLn 11–13$8.4M$9.6M
Total assetsLn 16$9.0M$10.1M
LiabilitiesLn 26$127K$76K
Net assetsLn 32$8.9M$10.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$366K$366K
Pay of current officers, directors and key staffLn 5$205K$74K$96K$35K
Other salaries and wagesLn 7$164K$164K$506
Other employee benefitsLn 9$39K$32K$5K$2K
Payroll taxesLn 10$24K$16K$6K$2K
Legal feesLn 11b$25K$20K$4K$1K
Accounting feesLn 11c$9K$9K
Investment management feesLn 11f$41K$41K
Advertising and promotionLn 12$4K$801$114$3K
Office expensesLn 13$23K$17K$2K$4K
Information technologyLn 14$18K$15K$3K$863
OccupancyLn 16$20K$16K$3K$977
TravelLn 17$534$523$8$3
Conferences, conventions and meetingsLn 19$3K$2K$528$138
Other expenses (24a–d)Ln 24$19K$12K$6K$923
Total functional expensesLn 25$962K$736K$176K$50K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.4M$910K$1.5M$10.0M 990 PDF
FY2024 $934K$1.1M−$137K$9.1M 990 PDF
FY2023 $608K$968K−$361K$8.5M 990 PDF
FY2022 $1.1M$930K$161K$8.4M 990 PDF
FY2021 Viewing $1.0M$962K$46K$10.0M 990 PDF
FY2020 $829K$935K−$106K$8.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,007,976 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $444,973$478,321
I-9 Program service revenuePrior year $3,000$3,000
I-10 Investment incomePrior year $377,925$526,655
I-11 Other revenuePrior year $2,892$0
I-12 Total revenuePrior year $828,790$1,007,976
I-13 Grants and similar amounts paidPrior year $410,650$366,101
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $378,636$432,034
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $145,728$163,875
I-18 Total expensesPrior year $935,014$962,010
I-19 Revenue less expensesPrior year −$106,224$45,966
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,007,976 across 7 lines filed
VIII-1e Government grants$58,600
VIII-1f All other contributions, gifts and grants$419,721
VIII-1h Total contributions, gifts and grants$478,321
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,000$3,000
VIII-3 Investment incomeExcluded from tax $101,592$101,592
VIII-7 Net gain or loss on sales of assetsExcluded from tax $425,063$425,063
VIII-12 Total revenueRelated to mission $3,000 · Unrelated business $0 · Excluded from tax $526,655$1,007,976
Part IX · Statement of functional expenses $962,010 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $366,101$366,101
IX-5 Pay of current officers, directors and key staffPrograms $73,870 · Management $96,215 · Fundraising $34,794$204,879
IX-7 Other salaries and wagesPrograms $163,618 · Management $506$164,124
IX-9 Other employee benefitsPrograms $32,039 · Management $4,807 · Fundraising $1,834$38,680
IX-10 Payroll taxesPrograms $16,072 · Management $6,088 · Fundraising $2,191$24,351
IX-11b Legal feesPrograms $19,873 · Management $4,101 · Fundraising $1,367$25,341
IX-11c Accounting feesManagement $9,488$9,488
IX-11f Investment management feesManagement $41,037$41,037
IX-12 Advertising and promotionPrograms $801 · Management $114 · Fundraising $2,921$3,836
IX-13 Office expensesPrograms $17,237 · Management $2,017 · Fundraising $3,953$23,207
IX-14 Information technologyPrograms $14,843 · Management $2,589 · Fundraising $863$18,295
IX-16 OccupancyPrograms $15,630 · Management $2,931 · Fundraising $977$19,538
IX-17 TravelPrograms $523 · Management $8 · Fundraising $3$534
IX-19 Conferences, conventions and meetingsPrograms $2,487 · Management $528 · Fundraising $138$3,153
IX-24 Other expenses (24a–d)Programs $12,474 · Management $6,049 · Fundraising $923$19,446
IX-25 Total functional expensesPrograms $735,568 · Management $176,478 · Fundraising $49,964$962,010
Part X · Balance sheet $10,060,977 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $25,915$47,098
X-2 Savings and temporary cash investmentsStart of year $559,913$430,726
X-3 Pledges and grants receivableStart of year $2,400$1,000
X-9 Prepaid expenses and deferred chargesStart of year $6,383$7,196
X-11 Publicly traded securitiesStart of year $7,446,479$8,514,183
X-12 Other securitiesStart of year $936,405$1,059,022
X-15 Other assetsStart of year $2,433$1,752
X-16 Total assetsStart of year $8,979,928$10,060,977
X-17 Accounts payable and accrued expensesStart of year $21,755$29,676
X-18 Grants payableStart of year $500$3,000
X-24 Unsecured notes and loans payableStart of year $58,600$0
X-26 Total liabilitiesStart of year $127,140$75,811
X-27 Net assets without donor restrictionsStart of year $5,188,686$6,008,247
X-28 Net assets with donor restrictionsStart of year $3,664,102$3,976,919
X-32 Total net assets or fund balancesStart of year $8,852,788$9,985,166
X-33 Total liabilities and net assetsStart of year $8,979,928$10,060,977
Part XI · Reconciliation of net assets $9,985,166 net assets at year end
XI-1 Total revenue$1,007,976
XI-2 Total expenses$962,010
XI-3 Revenue less expenses$45,966
XI-4 Net assets at start of year$8,852,788
XI-5 Net unrealized gains (losses) on investments$1,085,395
XI-9 Other changes in net assets$1,017
XI-10 Net assets at end of year$9,985,166

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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