To accelerate community college students' progress on career pathways to economic mobility

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
Run by 600 volunteers and 93 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
4 of 6
filings with a surplus
Average surplus $3.0M a year · 32% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
16 mo
of spending, in cash
Looks good: 16.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
33
named funders · $3.9M
Looks good: 33 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$963K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.4M
+18% vs prior year
Spent
$10.1M
To programs
62%
Net assets
$22.9M
By yearFY2020–FY2025
Revenue
$8.4M
FY2025▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.5M
FY2021$4.9M
FY2022$5.2M
FY2023$26.2M
FY2024$7.2M
FY2025$8.4M
Expenses
$10.1M
FY2025▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.1M
FY2021$3.8M
FY2022$4.7M
FY2023$6.9M
FY2024$8.6M
FY2025$10.1M
Net assets
$22.9M
FY2025▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.0M
FY2021$6.1M
FY2022$6.3M
FY2023$25.5M
FY2024$24.2M
FY2025$22.9M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2006.

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

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $6.3M Management & general 24% · $2.4M Fundraising 14% · $1.4M

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

19 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Executive Officer
$307,847Pt VII · Sec A
Chief Advancement Officer
$233,493Pt VII · Sec A
Chief Programs Officer
$227,280Pt VII · Sec A
Chief Operations Officer
$198,752Pt VII · Sec A
Executive Director, Advisory and Capacity Building
$141,773Pt VII · Sec A
Executive Director, Strategic Initiatives
$125,931Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Aneesh Sohoni’s $308K as Chief Executive Officer is at the 96th 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Aneesh Sohoni$307,847$302,373$258,661$38,301——
Joshua Hoen$233,493$200,014————
Rituparna Raichoudhuri$227,280—————
Wayne Knox$198,752—————
Luis Gonzales—$165,998$104,390———
Meridel Trimble—$137,070$164,406$115,841$104,770—
Puracarina Gonzalez—$155,979$108,244———
Paige Ponder———$150,975$146,270$155,095

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.

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps community college students advance careers and achieve financial stability.

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Provided by the organization

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3 programs · $6.3M · in their own filed words · FY2024
01

Individualized Support

Omd program staff regularly communicate with caseloads of scholars, becoming trusted advisors and advocates. Staff members encourage scholars to hold themselves accountable as they progress toward their goals by using motivational interviewing and regular performance evaluations that give scholars the opportunity to reflect on their…

$5.5Mprogram expense
02

Tuition and Stipends

Omd provided last-dollar scholarships (funding to cover any gaps between a scholar's financial aid award and tuition costs) and educational stipends. These stipends defray scholars' educational expenses such as books, technology, transportation, and childcare. Omd also offers enrichment grants to scholars who apply.

$705Kprogram expense
03

Student Development

In addition to these financial supports, omd scholar development model includes a robust set of academic, personal, and professional supports. In the school year, omd provided weekly individualized tutoring to scholars at all college course levels.

$54Kprogram 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
A Better ChicagoFY2024$250K
Total grants receivedfrom 33 funders$3.9M
See all 33 funders →
Grants paid · 12 grants · $4.0M · 2019–2024
Unitemized GrantFY2024$522,532
Unitemized GrantFY2024$182,093
Unitemized GrantFY2023$466,433
Unitemized GrantFY2023$146,045
Unitemized GrantFY2022$507,313
Unitemized GrantFY2022$143,405
Unitemized GrantFY2021$507,525
Unitemized GrantFY2021$81,711
Unitemized GrantFY2020$525,070
Unitemized GrantFY2020$69,100
Unitemized GrantFY2019$658,580
Unitemized GrantFY2019$148,522

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$8.4M
Ln 12
Gifts and grantsLn 1h$7.2M
Investment incomeLn 3$987K
Fees for servicesLn 2g$493K
Money outPt IX
$10.1M
Ln 25
Programscol B$6.3M
Managementcol C$2.4M
Fundraisingcol D$1.4M
Owns and owesPt X
$22.9M
net assets · Ln 32
Cash and savingsLn 1–2$13.9M
Total assetsLn 16$23.9M
LiabilitiesLn 26$963K
PeoplePt VI, VII
19
listed · VII A
PaidVII A6
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.2M
Government grantsLn 1e$476K
Fundraising eventsLn 1c$358K
Fees for servicesLn 2g$493K
Investment incomeLn 3$987K
Gains on assetsLn 7−$466
Total revenueLn 12$8.4M
Assets in detailPt X, end of year
CashLn 1$76K
SavingsLn 2$13.8M
Cash and savings togetherLn 1–2$13.9M
InvestmentsLn 11–13$5.2M
Land, buildings, equipmentLn 10c$14K
Other assetsLn 15$339K
Total assetsLn 16$23.9M
LiabilitiesLn 26$963K
Net assetsLn 32$22.9M
OperationsPt I, VI
EmployeesI 593
VolunteersI 6600
Fiscal year endsHeaderJune
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 FY25End FY25
Cash and savingsLn 1–2$18.1M$13.9M
InvestmentsLn 11–13$508K$5.2M
Land, buildings, equipmentLn 10c$0$14K
Total assetsLn 16$24.5M$23.9M
LiabilitiesLn 26$309K$963K
Net assetsLn 32$24.2M$22.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$705K$705K
Pay of current officers, directors and key staffLn 5$229K$146K$51K$31K
Other salaries and wagesLn 7$5.5M$3.5M$1.2M$759K
Pension plan contributionsLn 8$127K$81K$28K$17K
Other employee benefitsLn 9$629K$402K$141K$86K
Payroll taxesLn 10$428K$273K$96K$59K
Legal feesLn 11b$56K$56K
Accounting feesLn 11c$152K$152K
Investment management feesLn 11f$50K$50K
Other fees for servicesLn 11g$1.2M$600K$279K$345K
Advertising and promotionLn 12$85K$47K$24K$14K
Office expensesLn 13$127K$68K$37K$21K
Information technologyLn 14$307K$145K$118K$44K
OccupancyLn 16$88K$88K
TravelLn 17$103K$70K$15K$17K
Conferences, conventions and meetingsLn 19$54K$30K$15K$9K
Depreciation, depletion and amortizationLn 22$25K$25K
InsuranceLn 23$50K$42K$4K$4K
Other expenses (24a–d)Ln 24$134K$88K$30K$16K
Total functional expensesLn 25$10.1M$6.3M$2.4M$1.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $8.4M$10.1M−$1.7M$22.9M 990 PDF
FY2024 $7.2M$8.6M−$1.4M$24.2M 990 PDF
FY2023 $26.2M$6.9M$19.2M$25.5M 990 PDF
FY2022 $5.2M$4.7M$434K$6.3M 990 PDF
FY2021 $4.9M$3.8M$1.1M$6.1M 990 PDF
FY2020 $4.5M$4.1M$345K$5.0M 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 J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $8,447,741 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,015,634$7,218,479
I-9 Program service revenuePrior year $313,556$492,878
I-10 Investment incomePrior year $1,023,711$987,352
I-11 Other revenuePrior year −$183,525−$250,968
I-12 Total revenuePrior year $7,169,376$8,447,741
I-13 Grants and similar amounts paidPrior year $612,478$704,625
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,017,876$6,953,454
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,929,494$2,455,319
I-18 Total expensesPrior year $8,559,848$10,113,398
I-19 Revenue less expensesPrior year −$1,390,472−$1,665,657
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsYes
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 $8,447,741 across 9 lines filed
Lines not itemized here account for −$115 of total revenue; see the IRS return.
VIII-1c Fundraising events$357,523
VIII-1e Government grants$476,464
VIII-1f All other contributions, gifts and grants$6,384,492
VIII-1h Total contributions, gifts and grants$7,218,479
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $492,878$492,878
VIII-3 Investment incomeExcluded from tax $987,818$987,818
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$466−$466
VIII-8 Net income from fundraising eventsExcluded from tax −$250,853−$250,853
VIII-12 Total revenueRelated to mission $492,878 · Unrelated business $0 · Excluded from tax $736,384$8,447,741
Part IX · Statement of functional expenses $10,113,398 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $704,625$704,625
IX-5 Pay of current officers, directors and key staffPrograms $146,438 · Management $51,297 · Fundraising $31,409$229,144
IX-7 Other salaries and wagesPrograms $3,540,911 · Management $1,240,365 · Fundraising $759,469$5,540,745
IX-8 Pension plan contributionsPrograms $80,946 · Management $28,355 · Fundraising $17,362$126,663
IX-9 Other employee benefitsPrograms $402,152 · Management $140,872 · Fundraising $86,255$629,279
IX-10 Payroll taxesPrograms $273,280 · Management $95,729 · Fundraising $58,614$427,623
IX-11b Legal feesManagement $56,031$56,031
IX-11c Accounting feesManagement $151,940$151,940
IX-11f Investment management feesManagement $50,000$50,000
IX-11g Other fees for servicesPrograms $599,588 · Management $279,131 · Fundraising $345,077$1,223,796
IX-12 Advertising and promotionPrograms $46,562 · Management $24,133 · Fundraising $14,427$85,122
IX-13 Office expensesPrograms $68,328 · Management $37,049 · Fundraising $21,153$126,530
IX-14 Information technologyPrograms $144,735 · Management $118,157 · Fundraising $44,379$307,271
IX-16 OccupancyManagement $87,716$87,716
IX-17 TravelPrograms $70,274 · Management $14,936 · Fundraising $17,477$102,687
IX-19 Conferences, conventions and meetingsPrograms $29,746 · Management $15,417 · Fundraising $9,217$54,380
IX-22 Depreciation, depletion and amortizationPrograms $25,464$25,464
IX-23 InsurancePrograms $42,373 · Management $4,256 · Fundraising $3,679$50,308
IX-24 Other expenses (24a–d)Programs $88,260 · Management $29,734 · Fundraising $16,080$134,074
IX-25 Total functional expensesPrograms $6,263,682 · Management $2,425,118 · Fundraising $1,424,598$10,113,398
Part X · Balance sheet $23,864,248 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $317,664$76,240
X-2 Savings and temporary cash investmentsStart of year $17,821,804$13,778,814
X-3 Pledges and grants receivableStart of year $5,622,050$3,971,291
X-4 Accounts receivableStart of year $147,642$312,953
X-9 Prepaid expenses and deferred chargesStart of year $50,247$133,527
X-10c Land, buildings and equipment, netStart of year $0$13,778
X-11 Publicly traded securitiesStart of year $507,936$5,194,530
X-14 Intangible assetsStart of year $67,811$43,878
X-15 Other assetsStart of year $0$339,237
X-16 Total assetsStart of year $24,535,154$23,864,248
X-17 Accounts payable and accrued expensesStart of year $309,005$619,390
X-25 Other liabilitiesStart of year $0$343,627
X-26 Total liabilitiesStart of year $309,005$963,017
X-27 Net assets without donor restrictionsStart of year $12,109,115$12,627,816
X-28 Net assets with donor restrictionsStart of year $12,117,034$10,273,415
X-32 Total net assets or fund balancesStart of year $24,226,149$22,901,231
X-33 Total liabilities and net assetsStart of year $24,535,154$23,864,248
Part XI · Reconciliation of net assets $22,901,231 net assets at year end
XI-1 Total revenue$8,447,741
XI-2 Total expenses$10,113,398
XI-3 Revenue less expenses−$1,665,657
XI-4 Net assets at start of year$24,226,149
XI-5 Net unrealized gains (losses) on investments−$62,673
XI-8 Prior period adjustments$403,412
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$22,901,231

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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