Higher Edge guides low-income and first-generation students through enrollment, retention, and graduation from college by providing the support and resources needed for success.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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 5
filings with a surplus
Average surplus $11K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $18K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$58K
33% of total assets
Looks good: liabilities are 33% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$262K
Spent
$268K
To programs
73%
Net assets
$120K
By yearFY2020–FY2025
Revenue
$262K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$262K
FY2021$303K
FY2022$272K
FY2023$183K
FY2024$349K
FY2025$192K
Expenses
$268K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$268K
FY2021$241K
FY2022$238K
FY2023Not on file
FY2024$328K
FY2025$250K
Net assets
$120K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$120K
FY2021$202K
FY2022$220K
FY2023$167K
FY2024$195K
FY2025$145K

From the FY2020 Form 990 (year ending June 2020) · see the original

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You’re viewing the FY2020 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 Feb 2014.

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

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $194K Management & general 27% · $72K Fundraising 1% · $2K

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

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Katie Hallisey’s $72K as Executive Dir. is at the 64th percentile of top reported officer pay among 1613 $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.

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

NameFY2025FY2024FY2023FY2022
Katie Hallisey$72,100$70,000$63,000$61,779

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 Higher Edge 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 15aNo

Programs and updates

Guides low-income students through college enrollment, retention, and graduation.

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Provided by the organization

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1 program · $194K · in their own filed words · FY2019
01

Through one-on-one advising, students learn to navigate and conquer the daunting college application process. Once the student has been accepted into a college they are advised and mentored on their campuses for up to six years.

$194Kprogram 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 · FY2025
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$262K
Ln 12
Gifts and grantsLn 1h$264K
Investment incomeLn 3$27
Money outPt IX
$268K
Ln 25
Programscol B$194K
Managementcol C$72K
Fundraisingcol D$2K
Owns and owesPt X
$120K
net assets · Ln 32
Cash and savingsLn 1–2$89K
Total assetsLn 16$178K
LiabilitiesLn 26$58K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$264K
Fundraising eventsLn 1c$6K
Investment incomeLn 3$27
Gains on assetsLn 7$0
Total revenueLn 12$262K
Assets in detailPt X, end of year
CashLn 1$18K
SavingsLn 2$71K
Cash and savings togetherLn 1–2$89K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$8K
Other assetsLn 15$81K
Total assetsLn 16$178K
LiabilitiesLn 26$58K
Net assetsLn 32$120K
OperationsPt I, VI
EmployeesI 54
VolunteersI 625
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
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$25K$89K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$13K$8K
Total assetsLn 16$129K$178K
LiabilitiesLn 26$5K$58K
Net assetsLn 32$124K$120K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$194K$143K$51K
Pension plan contributionsLn 8$2K$638$1K
Other employee benefitsLn 9$774$774
Payroll taxesLn 10$17K$12K$4K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$1K$106$1K
Office expensesLn 13$5K$5K$290
Information technologyLn 14$6K$4K$2K$421
RoyaltiesLn 15$0
OccupancyLn 16$21K$17K$4K
TravelLn 17$113$113
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$3K$3K$578
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$6K$4K$1K
InsuranceLn 23$2K$1K$319
Other expenses (24a–d)Ln 24$10K$9K$1K
All other expensesLn 24e$0
Total functional expensesLn 25$268K$194K$72K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $192K$250K−$57K$145K 990 PDF
FY2024 $349K$328K$22K$195K 990 PDF
FY2023 $183K$167K 990 PDF
FY2022 $272K$238K$34K$220K 990 PDF
FY2021 $303K$241K$62K$202K 990 PDF
FY2020 Viewing $262K$268K−$5K$120K 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 FY2020 990 (6 parts)
Part I · Summary $262,436 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $183,992$263,619
I-9 Program service revenuePrior year $55,800$0
I-10 Investment incomePrior year $186$27
I-11 Other revenuePrior year −$773−$1,210
I-12 Total revenuePrior year $239,205$262,436
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $245,981$213,864
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $77,963$54,044
I-18 Total expensesPrior year $323,944$267,908
I-19 Revenue less expensesPrior year −$84,739−$5,472
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $262,436 across 9 lines filed
VIII-1c Fundraising events$6,500
VIII-1f All other contributions, gifts and grants$257,119
VIII-1h Total contributions, gifts and grants$263,619
VIII-3 Investment incomeExcluded from tax $27$27
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events−$1,210
VIII-12 Total revenueExcluded from tax $27$262,436
Part IX · Statement of functional expenses $267,908 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $143,015 · Management $51,389$194,404
IX-8 Pension plan contributionsPrograms $638 · Management $1,440$2,078
IX-9 Other employee benefitsPrograms $774$774
IX-10 Payroll taxesPrograms $12,207 · Management $4,401$16,608
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $106 · Fundraising $1,126$1,232
IX-13 Office expensesManagement $5,141 · Fundraising $290$5,431
IX-14 Information technologyPrograms $3,655 · Management $1,528 · Fundraising $421$5,604
IX-15 Royalties$0
IX-16 OccupancyPrograms $16,946 · Management $4,236$21,182
IX-17 TravelPrograms $113$113
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $2,629 · Management $578$3,207
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $4,421 · Management $1,105$5,526
IX-23 InsurancePrograms $1,277 · Management $319$1,596
IX-24 Other expenses (24a–d)Programs $8,695 · Management $1,458$10,153
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $194,476 · Management $71,595 · Fundraising $1,837$267,908
Part X · Balance sheet $177,780 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $24,097$17,754
X-2 Savings and temporary cash investmentsStart of year $1,009$71,006
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $10,000$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $13,058$7,533
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 $80,442$81,487
X-16 Total assetsStart of year $128,606$177,780
X-17 Accounts payable and accrued expensesStart of year $4,645$15,613
X-24 Unsecured notes and loans payable$42,633
X-26 Total liabilitiesStart of year $4,645$58,246
X-27 Net assets without donor restrictionsStart of year $43,519$38,047
X-28 Net assets with donor restrictionsStart of year $80,442$81,487
X-32 Total net assets or fund balancesStart of year $123,961$119,534
X-33 Total liabilities and net assetsStart of year $128,606$177,780
Part XI · Reconciliation of net assets $119,534 net assets at year end
XI-1 Total revenue$262,436
XI-2 Total expenses$267,908
XI-3 Revenue less expenses−$5,472
XI-4 Net assets at start of year$123,961
XI-5 Net unrealized gains (losses) on investments$1,045
XI-10 Net assets at end of year$119,534

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

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