College Mentoring Experience FY2023 filing

Tax-deductible

Chicago, IL501(c)(3)EducationEIN 46-5578549Revenue $436K in FY2023

On file with the IRScollegementoringexperience.org5100 W Harrison St, 60644-5101 · Chicago, ILTax-exempt since Jul 2014Publicly supported charity — 170(b)(1)(A)(vi)

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College Mentoring Experience is a chicago non-profit organization that provides resources to help youth enter into College and graduate via College tours, scholarships, tutoring and mentorship. College Mentoring Experience prepare students with academic and soft skills needed to succeed in the 21st century academic and workplace environments. IT is the belief of College Mentoring Experience that when students are supported, families and communities are impacted.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$28K 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

FY2023 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $31K a year · 9% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$28K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$36K
55% of total assets
Fine: liabilities are 55% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
0
of 12 voting members
Concern: none of 12 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$436K
+29% vs prior year
Spent
$396K
To programs
79%
Net assets
$30K
By yearFY2020–FY2024
Revenue
$436K
FY2023▲ +29%
Tap a bar for its year
Revenue by fiscal year
FY2020$402K
FY2021$490K
FY2022$338K
FY2023$436K
FY2024$0
Expenses
$396K
FY2023▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020$344K
FY2021$437K
FY2022$331K
FY2023$396K
FY2024$0
Net assets
$30K
FY2023▼ -76%
Tap a bar for its year
Net assets by fiscal year
FY2020$80K
FY2021$117K
FY2022$123K
FY2023$30K
FY2024$0

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2014.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $314K Management & general 21% · $81K Fundraising 0% · $189

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

12 people listed on the 990; $28K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$28,000Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Bernard Lilly’s $28K as President is at the 72nd percentile of top reported officer pay among 146 <$100K 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

NameFY2023FY2022FY2021
Bernard Lilly SR—$37,500—
Bernard Lilly$28,000—$27,500

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 Mentoring Experience 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 youth to college and graduation through tours, scholarships, tutoring, and mentorship.

Provided by the organization

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1 program · $314K · in their own filed words · FY2023
01

College mentoring experience has over 60 mentors in the community. The organization takes youth on many educational trips acroos the country which exposes them to many other cultures outside their own. Youth are exposed to college tours, summer camp and bowling.

$314Kprogram 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
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$436K
Ln 12
Gifts and grantsLn 1h$436K
Money outPt IX
$396K
Ln 25
Programscol B$314K
Managementcol C$81K
Fundraisingcol D$189
Owns and owesPt X
$30K
net assets · Ln 32
Cash and savingsLn 1–2$60K
Total assetsLn 16$66K
LiabilitiesLn 26$36K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$436K
Government grantsLn 1e$370K
Gains on assetsLn 7$0
Total revenueLn 12$436K
Assets in detailPt X, end of year
CashLn 1$60K
SavingsLn 2$0
Cash and savings togetherLn 1–2$60K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$6K
Other assetsLn 15$0
Total assetsLn 16$66K
LiabilitiesLn 26$36K
Net assetsLn 32$30K
OperationsPt I, VI
EmployeesI 56
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$658$60K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$13K$6K
Total assetsLn 16$14K$66K
LiabilitiesLn 26$24K$36K
Net assetsLn 32−$10K$30K
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$28K$22K$6K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$119K$95K$24K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$14K$12K$3K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$56K$45K$11K
Advertising and promotionLn 12$20K$16K$4K
Office expensesLn 13$35K$28K$7K$189
Information technologyLn 14$50$40$10
RoyaltiesLn 15$0
OccupancyLn 16$20K$16K$4K
TravelLn 17$54K$43K$11K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$395$395
InterestLn 20$656$656
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$7K$7K
InsuranceLn 23$9K$7K$2K
Other expenses (24a–d)Ln 24$34K$30K$3K
All other expensesLn 24e$12$10$2
Total functional expensesLn 25$396K$314K$81K$189

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $0$0$0$0 990 PDF
FY2023 Viewing $436K$396K$40K$30K 990 PDF
FY2022 $338K$331K$7K$123K 990 PDF
FY2021 $490K$437K$53K$117K 990 PDF
FY2020 $402K$344K$58K$80K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $435,967 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $218,180$435,967
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $4,500$0
I-12 Total revenuePrior year $222,680$435,967
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $155,240$147,022
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $174,796$248,960
I-18 Total expensesPrior year $330,036$395,982
I-19 Revenue less expensesPrior year −$107,356$39,985
Part VI · Governance 0 of 12 board members independent, 4 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $435,967 across 9 lines filed
VIII-1e Government grants$370,126
VIII-1f All other contributions, gifts and grants$65,841
VIII-1h Total contributions, gifts and grants$435,967
VIII-3 Investment income$0
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$0
VIII-12 Total revenue$435,967
Part IX · Statement of functional expenses $395,982 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 staffPrograms $22,400 · Management $5,600$28,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $95,218 · Management $23,804$119,022
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $11,600 · Management $2,900$14,500
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $44,564 · Management $11,141$55,705
IX-12 Advertising and promotionPrograms $16,116 · Management $4,029$20,145
IX-13 Office expensesPrograms $28,454 · Management $6,541 · Fundraising $189$35,184
IX-14 Information technologyPrograms $40 · Management $10$50
IX-15 Royalties$0
IX-16 OccupancyPrograms $15,758 · Management $3,939$19,697
IX-17 TravelPrograms $42,911 · Management $10,728$53,639
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $395$395
IX-20 InterestManagement $656$656
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $6,501$6,501
IX-23 InsurancePrograms $6,921 · Management $1,730$8,651
IX-24 Other expenses (24a–d)Programs $30,452 · Management $3,373$33,825
IX-24e All other expensesPrograms $10 · Management $2$12
IX-25 Total functional expensesPrograms $314,444 · Management $81,349 · Fundraising $189$395,982
Part X · Balance sheet $65,888 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $658$59,748
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $1,000$0
X-10c Land, buildings and equipment, netStart of year $12,641$6,140
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 assets$0
X-16 Total assetsStart of year $14,299$65,888
X-17 Accounts payable and accrued expensesStart of year $22,027$35,657
X-26 Total liabilitiesStart of year $24,316$35,920
X-27 Net assets without donor restrictionsStart of year −$10,017$29,968
X-32 Total net assets or fund balancesStart of year −$10,017$29,968
X-33 Total liabilities and net assetsStart of year $14,299$65,888
Part XI · Reconciliation of net assets $29,968 net assets at year end
XI-1 Total revenue$435,967
XI-2 Total expenses$395,982
XI-3 Revenue less expenses$39,985
XI-4 Net assets at start of year−$10,017
XI-10 Net assets at end of year$29,968

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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