College Forward

Austin, TXHigher education institution EIN 43-2003552Revenue $4.1M in FY2021Latest filing we have: 2020. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRScollegeforward.orgAustin, TX

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Provide College preparatory and retention services to low income students.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-2003552) · Dispute this line
74¢ of each $1 spent went to programs.
Run by 8 volunteers and 141 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
The latest return is for FY2021, 5 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $892K a year · 25% of revenue · last 2 filings
A surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
74%
of spending
74% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$121K
to officers and key staff · 3% of spending
Pay to officers and key staff is 3% of spending.
Part VII, Section A
Named funders
4
named funders · $70K
4 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$4.1M
+27% vs prior year
Spent
$4.6M
To programs
74%
Net assets
$0
By yearFY2020–FY2021
Revenue
$4.1M
FY2021▲ +27%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.2M
FY2021$4.1M
Expenses
$4.6M
FY2021▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.4M
FY2021$4.6M
Net assets
$0
FY2021▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$550K
FY2021$0

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

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2020.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $3.4M Management & general 14% · $641K Fundraising 12% · $533K

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

8 people listed on the 990; $121K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chief Executive Officer
$120,561Pt VII · Sec A
Finance Committee Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Development Committee Chai
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Finance Committee Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Austin Buchan$120,561$120,526

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 College Forward executive salaries →

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 low-income students prepare for and succeed in college.

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1 program · $3.4M · in their own filed words · FY2020
01

College forward provides college preparatory and retention services tomotivated economically challenged students in order to facilitatetheir transition to college and to make the process more exciting ANDREWARDING.IN may 2021, the organization entered into an agreement and plan of merger with college possible, a minnesota nonprofit…

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-2003552) · Dispute this line
$3.4Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 4 funders$70K
See all 4 funders →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2019 · $829K federal money spent
AmericorpsAmeriCorps · ALN 94.006 · Through Onestar National Service Commission$829K

The auditor reported no findings.

Year ending Jun 2018 · $1.0M federal money spent
AmericorpsAmeriCorps · ALN 94.006 · Through Onestar National Service Commission$1.0M

The auditor reported no findings.

Year ending Jun 2017 · $1.1M federal money spent
AmericorpsAmeriCorps · ALN 94.006 · Through Onestar National Service Commission$1.1M

The auditor reported no findings.

Year ending Jun 2016 · $1.1M federal money spent
AmericorpsAmeriCorps · ALN 94.006 · Through Onestar National Service Commission$1.1M

The auditor reported no findings.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$4.1M
Ln 12
Gifts and grantsLn 1h$3.1M
Fees for servicesLn 2g$945K
Other incomeLn 4–11$321
Money outPt IX
$4.6M
Ln 25
Programscol B$3.4M
Managementcol C$641K
Fundraisingcol D$533K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.1M
Government grantsLn 1e$1.2M
Noncash giftsLn 1g$1.3M
Fees for servicesLn 2g$945K
Other incomeLn 4–11$321
Total revenueLn 12$4.1M
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 5141
VolunteersI 68
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$1.3M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.5M$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$140K$0
Total assetsLn 16$2.4M$0
LiabilitiesLn 26$1.9M$0
Net assetsLn 32$550K$0
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$127K$98K$15K$14K
Other salaries and wagesLn 7$2.7M$2.1M$305K$290K
Other employee benefitsLn 9$22K$17K$4K$2K
Payroll taxesLn 10$222K$172K$25K$24K
Legal feesLn 11b$680$680
Accounting feesLn 11c$28K$28K
Other fees for servicesLn 11g$270K$142K$66K$62K
Advertising and promotionLn 12$6K$4K$907$502
Office expensesLn 13$54K$40K$9K$5K
Information technologyLn 14$34K$25K$4K$5K
OccupancyLn 16$296K$230K$36K$30K
TravelLn 17$893$676$144$73
Conferences, conventions and meetingsLn 19$1K$1K$243$100
InterestLn 20$18K$18K
Depreciation, depletion and amortizationLn 22$48K$39K$6K$2K
InsuranceLn 23$414K$302K$64K$48K
Other expenses (24a–d)Ln 24$382K$276K$58K$48K
All other expensesLn 24e$19K$15K$3K$2K
Total functional expensesLn 25$4.6M$3.4M$641K$533K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest ViewingFiled with the IRS Apr 14, 2022 $4.1M$4.6M−$550K$0 990 PDF
FY2020Filed with the IRS Jun 9, 2021 $3.2M$4.4M−$1.2M$550K 990 PDF

Schedules filed Part IV

I · Grants M · Noncash O · Explanations
See the full FY2021 990
Part I · Summary $4,050,534 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,028,643$3,105,519
I-9 Program service revenuePrior year $1,165,240$944,694
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $6,518$321
I-12 Total revenuePrior year $3,200,401$4,050,534
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,041,708$3,030,014
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,391,778$1,570,944
I-18 Total expensesPrior year $4,433,486$4,600,958
I-19 Revenue less expensesPrior year −$1,233,085−$550,424
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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 $4,050,534 across 7 lines filed
VIII-1e Government grants$1,185,566
VIII-1f All other contributions, gifts and grants$1,919,953
VIII-1g Noncash contributions (included above)$1,291,347
VIII-1h Total contributions, gifts and grants$3,105,519
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $944,694$944,694
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $321$321
VIII-12 Total revenueRelated to mission $945,015 · Unrelated business $0 · Excluded from tax $0$4,050,534
Part IX · Statement of functional expenses $4,600,958 across 18 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $98,341 · Management $14,507 · Fundraising $13,808$126,656
IX-7 Other salaries and wagesPrograms $2,064,805 · Management $304,598 · Fundraising $289,914$2,659,317
IX-9 Other employee benefitsPrograms $17,291 · Management $3,688 · Fundraising $1,515$22,494
IX-10 Payroll taxesPrograms $172,018 · Management $25,376 · Fundraising $24,153$221,547
IX-11b Legal feesManagement $680$680
IX-11c Accounting feesManagement $27,518$27,518
IX-11g Other fees for servicesPrograms $142,043 · Management $66,049 · Fundraising $62,338$270,430
IX-12 Advertising and promotionPrograms $4,408 · Management $907 · Fundraising $502$5,817
IX-13 Office expensesPrograms $39,876 · Management $8,505 · Fundraising $5,433$53,814
IX-14 Information technologyPrograms $24,681 · Management $3,925 · Fundraising $5,102$33,708
IX-16 OccupancyPrograms $229,736 · Management $36,138 · Fundraising $29,902$295,776
IX-17 TravelPrograms $676 · Management $144 · Fundraising $73$893
IX-19 Conferences, conventions and meetingsPrograms $1,137 · Management $243 · Fundraising $100$1,480
IX-20 InterestManagement $17,562$17,562
IX-22 Depreciation, depletion and amortizationPrograms $39,202 · Management $6,167 · Fundraising $2,423$47,792
IX-23 InsurancePrograms $302,176 · Management $63,841 · Fundraising $47,674$413,691
IX-24 Other expenses (24a–d)Programs $276,028 · Management $58,166 · Fundraising $48,165$382,359
IX-24e All other expensesPrograms $14,719 · Management $3,029 · Fundraising $1,676$19,424
IX-25 Total functional expensesPrograms $3,427,137 · Management $641,043 · Fundraising $532,778$4,600,958
Part X · Balance sheet $0 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $1,467,825$0
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivableStart of year $559,352$0
X-4 Accounts receivableStart of year $138,088$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $49,617$0
X-10c Land, buildings and equipment, netStart of year $139,790$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $78,488$0
X-16 Total assetsStart of year $2,433,160$0
X-26 Total liabilitiesStart of year $1,882,736$0
X-27 Net assets without donor restrictionsStart of year −$1,047,507$0
X-28 Net assets with donor restrictionsStart of year $1,597,931$0
X-32 Total net assets or fund balancesStart of year $550,424$0
X-33 Total liabilities and net assetsStart of year $2,433,160$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$4,050,534
XI-2 Total expenses$4,600,958
XI-3 Revenue less expenses−$550,424
XI-4 Net assets at start of year$550,424
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

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

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