College Forward FY2020 filing

Austin, TXHigher education institution EIN 43-2003552Revenue $3.2M in FY2020Latest 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, FY2020. 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.
$121K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
4.0 mo
of spending, in cash
4.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $70K
4 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$1.9M
77% of total assets
Liabilities are 77% of 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
$3.2M
Spent
$4.4M
To programs
74%
Net assets
$550K
By yearFY2020–FY2021
Revenue
$3.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.2M
FY2021$4.1M
Expenses
$4.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$4.4M
FY2021$4.6M
Net assets
$550K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$550K
FY2021$0

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

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% · $3.3M Management & general 15% · $656K Fundraising 11% · $503K

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

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

Part VII, Section A · reportable compensation
Chief Executive Officer
$120,526Pt 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 Member
$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.

Questions for College Forward

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1 program · $3.3M · in their own filed words · FY2019
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.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-2003552) · Dispute this line
$3.3Mprogram 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 FY2020 990, line by line.

1The main four
Money inPt VIII
$3.2M
Ln 12
Gifts and grantsLn 1h$2.0M
Fees for servicesLn 2g$1.2M
Other incomeLn 4–11$7K
Money outPt IX
$4.4M
Ln 25
Programscol B$3.3M
Managementcol C$656K
Fundraisingcol D$503K
Owns and owesPt X
$550K
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$2.4M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.0M
Government grantsLn 1e$569K
Fees for servicesLn 2g$1.2M
Other incomeLn 4–11$7K
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
CashLn 1$1.5M
Cash and savings togetherLn 1–2$1.5M
Pledges and grants receivableLn 3$559K
Accounts receivableLn 4$138K
Prepaid expenses and deferred chargesLn 9$50K
Land, buildings, equipmentLn 10c$140K
Other assetsLn 15$78K
Total assetsLn 16$2.4M
LiabilitiesLn 26$1.9M
Net assetsLn 32$550K
OperationsPt I, VI
EmployeesI 5141
VolunteersI 68
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 FY20End FY20
Cash and savingsLn 1–2$1.2M$1.5M
Land, buildings, equipmentLn 10c$96K$140K
Total assetsLn 16$3.3M$2.4M
LiabilitiesLn 26$1.5M$1.9M
Net assetsLn 32$1.8M$550K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$126K$97K$14K$15K
Other salaries and wagesLn 7$2.7M$2.1M$297K$327K
Other employee benefitsLn 9$14K$10K$2K$2K
Payroll taxesLn 10$219K$168K$24K$27K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$31K$31K
Other fees for servicesLn 11g$116K$19K$66K$31K
Advertising and promotionLn 12$3K$2K$392$222
Office expensesLn 13$41K$30K$6K$4K
Information technologyLn 14$36K$26K$6K$4K
OccupancyLn 16$320K$261K$56K$3K
TravelLn 17$63K$45K$10K$8K
Conferences, conventions and meetingsLn 19$13K$8K$2K$4K
InterestLn 20$26K$26K
Depreciation, depletion and amortizationLn 22$50K$41K$9K$1K
InsuranceLn 23$373K$270K$58K$45K
Other expenses (24a–d)Ln 24$317K$238K$48K$32K
Total functional expensesLn 25$4.4M$3.3M$656K$503K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 LatestFiled with the IRS Apr 14, 2022 $4.1M$4.6M−$550K$0 990 PDF
FY2020 ViewingFiled with the IRS Jun 9, 2021 $3.2M$4.4M−$1.2M$550K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $3,200,401 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,253,452$2,028,643
I-9 Program service revenuePrior year $1,477,194$1,165,240
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $4,624$6,518
I-12 Total revenuePrior year $4,735,270$3,200,401
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 $2,159,133$3,041,708
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,413,212$1,391,778
I-18 Total expensesPrior year $3,572,345$4,433,486
I-19 Revenue less expensesPrior year $1,162,925−$1,233,085
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 $3,200,401 across 6 lines filed
VIII-1e Government grants$568,873
VIII-1f All other contributions, gifts and grants$1,459,770
VIII-1h Total contributions, gifts and grants$2,028,643
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,165,240$1,165,240
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,518$6,518
VIII-12 Total revenueRelated to mission $1,171,758 · Unrelated business $0 · Excluded from tax $0$3,200,401
Part IX · Statement of functional expenses $4,433,486 across 17 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $96,983 · Management $13,995 · Fundraising $15,389$126,367
IX-7 Other salaries and wagesPrograms $2,058,773 · Management $297,086 · Fundraising $326,691$2,682,550
IX-9 Other employee benefitsPrograms $10,235 · Management $2,183 · Fundraising $1,721$14,139
IX-10 Payroll taxesPrograms $167,809 · Management $24,215 · Fundraising $26,628$218,652
IX-11b Legal feesManagement $1,980$1,980
IX-11c Accounting feesManagement $31,250$31,250
IX-11g Other fees for servicesPrograms $19,160 · Management $65,968 · Fundraising $31,305$116,433
IX-12 Advertising and promotionPrograms $2,120 · Management $392 · Fundraising $222$2,734
IX-13 Office expensesPrograms $30,327 · Management $6,468 · Fundraising $3,835$40,630
IX-14 Information technologyPrograms $26,261 · Management $5,585 · Fundraising $3,684$35,530
IX-16 OccupancyPrograms $261,232 · Management $55,549 · Fundraising $3,340$320,121
IX-17 TravelPrograms $45,405 · Management $9,683 · Fundraising $8,098$63,186
IX-19 Conferences, conventions and meetingsPrograms $8,054 · Management $1,718 · Fundraising $3,562$13,334
IX-20 InterestManagement $25,873$25,873
IX-22 Depreciation, depletion and amortizationPrograms $40,620 · Management $8,638 · Fundraising $1,167$50,425
IX-23 InsurancePrograms $269,885 · Management $57,553 · Fundraising $45,496$372,934
IX-24 Other expenses (24a–d)Programs $237,876 · Management $47,944 · Fundraising $31,528$317,348
IX-25 Total functional expensesPrograms $3,274,740 · Management $656,080 · Fundraising $502,666$4,433,486
Part X · Balance sheet $2,433,160 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,228,799$1,467,825
X-3 Pledges and grants receivableStart of year $1,753,443$559,352
X-4 Accounts receivableStart of year $133,059$138,088
X-9 Prepaid expenses and deferred chargesStart of year $30,821$49,617
X-10c Land, buildings and equipment, netStart of year $95,505$139,790
X-15 Other assetsStart of year $55,221$78,488
X-16 Total assetsStart of year $3,296,848$2,433,160
X-17 Accounts payable and accrued expensesStart of year $310,547$195,186
X-19 Deferred revenueStart of year $55,985$109,938
X-24 Unsecured notes and loans payableStart of year $1,146,807$1,577,612
X-26 Total liabilitiesStart of year $1,513,339$1,882,736
X-27 Net assets without donor restrictionsStart of year −$202,542−$1,047,507
X-28 Net assets with donor restrictionsStart of year $1,986,051$1,597,931
X-32 Total net assets or fund balancesStart of year $1,783,509$550,424
X-33 Total liabilities and net assetsStart of year $3,296,848$2,433,160
Part XI · Reconciliation of net assets $550,424 net assets at year end
XI-1 Total revenue$3,200,401
XI-2 Total expenses$4,433,486
XI-3 Revenue less expenses−$1,233,085
XI-4 Net assets at start of year$1,783,509
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$550,424

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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