College Summit INC FY2020 filing

Tax-deductible

Washington, DC501(c)(3)EducationEIN 52-2007028Revenue $3.2M in FY2020

On file with the IRSpeerforward.org1140 3rd St Ne Ste 320, 20002-7899 · Washington, DCTax-exempt since Feb 1997Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Peerforward transforms the lives of low-income youth by connecting them to College and career.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$1.3M 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

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 6
filings with a surplus
Average surplus $834K a year · 14% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $80K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.0M
86% of total assets
Concern: liabilities are 86% of assets; over 80%.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.2M
Spent
$5.7M
To programs
89%
Net assets
$330K
By yearFY2020–FY2025
Revenue
$3.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.2M
FY2021$4.3M
FY2022$6.1M
FY2023$13.7M
FY2024$2.7M
FY2025$4.6M
Expenses
$5.7M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$5.7M
FY2021$3.2M
FY2022$3.6M
FY2023$4.7M
FY2024$5.9M
FY2025$6.4M
Net assets
$330K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$330K
FY2021$1.4M
FY2022$3.9M
FY2023$12.8M
FY2024$9.6M
FY2025$7.9M

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

Give Claim
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 1997.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $5.1M Management & general 9% · $526K Fundraising 2% · $107K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

23 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
CEO/Sec./Co-Founder - Until 01/2020
$265,576Pt VII · Sec A
President and COO
$233,434Pt VII · Sec A
Vice President Strategic Partner
$171,767Pt VII · Sec A
Managing Director, Finance/Operations
$141,752Pt VII · Sec A
Managing Director, Marketing
$137,193Pt VII · Sec A
Director, Strategic Partnership Ops.
$124,923Pt VII · Sec A
CEO - as of 02/2020
$119,121Pt VII · Sec A
Managing Dir., Program/Innovation
$105,610Pt VII · Sec A

Gary Z Linnen’s $318K as CEO is at the 96th percentile of top reported officer pay among 3395 $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
Gary Z Linnen$318,231$313,741————
Keith Frome Edd—————$265,576
Gary Linnen——$245,330$208,415$229,420$119,121
Joanne Smith————$139,248$233,434
Sean Murray————$112,057$171,767
Raquel Figueroa$152,017$144,370$113,788$122,019$114,974$105,610
Bess Amerman—————$141,752
Reagan Walker—$128,977$119,636$117,335$120,090$137,193

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 Summit INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Connects low-income youth to college and career opportunities.

Questions for College Summit INC

Tap to ask. College Summit INC sees how many people are interested.

Your first name shows with your question. College Summit INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $5.1M · in their own filed words · FY2019
01

Peerforward- this program trains influential high school students to build a college-going culture by persuading and coaching their classmates and friends through the college admissions process.

$4.1Mprogram expense
02

Innovation

This program designs and explores new ways to help all students in low-income communities navigate the college-going process by collaborating with government, technology companies, businesses, foundations and policy organizations.

$1.0Mprogram 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 · FY2025
Total grants receivedfrom 1 funder$80K
Grants paid · 6 grants · $185K · 2021–2022
Unitemized GrantFY2022$58,200
Unitemized GrantFY2022$25,062
Unitemized GrantFY2022$9,800
Unitemized GrantFY2022$1,000
Unitemized GrantFY2021$40,793

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.2M
Ln 12
Gifts and grantsLn 1h$2.2M
Fees for servicesLn 2g$1.0M
Money outPt IX
$5.7M
Ln 25
Programscol B$5.1M
Managementcol C$526K
Fundraisingcol D$107K
Owns and owesPt X
$330K
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$2.3M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
23
listed · VII A
PaidVII A8
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Government grantsLn 1e$20K
Noncash giftsLn 1g$3K
Fees for servicesLn 2g$1.0M
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$513K
Other assetsLn 15$54K
Total assetsLn 16$2.3M
LiabilitiesLn 26$2.0M
Net assetsLn 32$330K
OperationsPt I, VI
EmployeesI 537
VolunteersI 6184
Fiscal year endsHeaderApril
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$2.0M$1.1M
Land, buildings, equipmentLn 10c$583K$513K
Total assetsLn 16$4.4M$2.3M
LiabilitiesLn 26$1.5M$2.0M
Net assetsLn 32$2.9M$330K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$943K$858K$86K
Other salaries and wagesLn 7$1.5M$1.4M$8K$53K
Pension plan contributionsLn 8$50K$48K$199$2K
Other employee benefitsLn 9$527K$493K$21K$13K
Payroll taxesLn 10$214K$201K$8K$5K
Legal feesLn 11b$48K$34K$13K$720
Accounting feesLn 11c$48K$34K$13K$714
Other fees for servicesLn 11g$544K$486K$55K$3K
Advertising and promotionLn 12$16K$16K
Office expensesLn 13$237K$209K$23K$5K
Information technologyLn 14$70K$55K$14K$793
OccupancyLn 16$347K$252K$91K$5K
TravelLn 17$548K$532K$5K$12K
Conferences, conventions and meetingsLn 19$24K$20K$3K$175
InterestLn 20$23K$16K$6K$340
Depreciation, depletion and amortizationLn 22$81K$58K$22K$1K
InsuranceLn 23$25K$19K$4K$2K
Other expenses (24a–d)Ln 24$495K$342K$150K$3K
All other expensesLn 24e$22K$17K$4K$2K
Total functional expensesLn 25$5.7M$5.1M$526K$107K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.6M$6.4M−$1.8M$7.9M 990 PDF
FY2024 $2.7M$5.9M−$3.2M$9.6M 990 PDF
FY2023 $13.7M$4.7M$9.0M$12.8M 990 PDF
FY2022 $6.1M$3.6M$2.4M$3.9M 990 PDF
FY2021 $4.3M$3.2M$1.1M$1.4M 990 PDF
FY2020 Viewing $3.2M$5.7M−$2.5M$330K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2020 990 (6 parts)
Part I · Summary $3,192,377 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,242,809$2,174,471
I-9 Program service revenuePrior year $1,054,781$1,017,906
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year −$323,135$0
I-12 Total revenuePrior year $3,974,455$3,192,377
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 $2,883,320$3,184,301
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,953,106$2,528,195
I-18 Total expensesPrior year $4,836,426$5,712,496
I-19 Revenue less expensesPrior year −$861,971−$2,520,119
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
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 $3,192,377 across 6 lines filed
VIII-1e Government grants$19,931
VIII-1f All other contributions, gifts and grants$2,154,540
VIII-1g Noncash contributions (included above)$3,004
VIII-1h Total contributions, gifts and grants$2,174,471
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,017,906$1,017,906
VIII-12 Total revenueRelated to mission $1,017,906 · Unrelated business $0 · Excluded from tax $0$3,192,377
Part IX · Statement of functional expenses $5,712,496 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $857,687 · Management $85,593$943,280
IX-7 Other salaries and wagesPrograms $1,390,145 · Management $7,773 · Fundraising $52,725$1,450,643
IX-8 Pension plan contributionsPrograms $47,732 · Management $199 · Fundraising $1,873$49,804
IX-9 Other employee benefitsPrograms $493,286 · Management $20,695 · Fundraising $12,838$526,819
IX-10 Payroll taxesPrograms $200,681 · Management $8,221 · Fundraising $4,853$213,755
IX-11b Legal feesPrograms $34,348 · Management $13,172 · Fundraising $720$48,240
IX-11c Accounting feesPrograms $34,017 · Management $13,046 · Fundraising $714$47,777
IX-11g Other fees for servicesPrograms $485,800 · Management $55,487 · Fundraising $3,035$544,322
IX-12 Advertising and promotionPrograms $15,930$15,930
IX-13 Office expensesPrograms $209,378 · Management $22,675 · Fundraising $4,527$236,580
IX-14 Information technologyPrograms $54,651 · Management $14,500 · Fundraising $793$69,944
IX-16 OccupancyPrograms $251,617 · Management $90,707 · Fundraising $4,962$347,286
IX-17 TravelPrograms $531,780 · Management $4,608 · Fundraising $11,981$548,369
IX-19 Conferences, conventions and meetingsPrograms $20,150 · Management $3,188 · Fundraising $175$23,513
IX-20 InterestPrograms $16,119 · Management $6,219 · Fundraising $340$22,678
IX-22 Depreciation, depletion and amortizationPrograms $57,609 · Management $22,226 · Fundraising $1,216$81,051
IX-23 InsurancePrograms $18,567 · Management $4,223 · Fundraising $2,224$25,014
IX-24 Other expenses (24a–d)Programs $342,181 · Management $150,159 · Fundraising $2,862$495,202
IX-24e All other expensesPrograms $17,090 · Management $3,643 · Fundraising $1,556$22,289
IX-25 Total functional expensesPrograms $5,078,768 · Management $526,334 · Fundraising $107,394$5,712,496
Part X · Balance sheet $2,298,360 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,984,343$1,078,900
X-3 Pledges and grants receivableStart of year $1,677,614$616,014
X-4 Accounts receivableStart of year $28,180$19,500
X-9 Prepaid expenses and deferred chargesStart of year $59,904$16,311
X-10c Land, buildings and equipment, netStart of year $583,095$513,409
X-15 Other assetsStart of year $53,701$54,226
X-16 Total assetsStart of year $4,386,837$2,298,360
X-17 Accounts payable and accrued expensesStart of year $219,361$261,333
X-19 Deferred revenueStart of year $108,380$101,724
X-24 Unsecured notes and loans payableStart of year $0$435,400
X-25 Other liabilitiesStart of year $708,609$669,535
X-26 Total liabilitiesStart of year $1,536,350$1,967,992
X-27 Net assets without donor restrictionsStart of year $994,623$66,152
X-28 Net assets with donor restrictionsStart of year $1,855,864$264,216
X-32 Total net assets or fund balancesStart of year $2,850,487$330,368
X-33 Total liabilities and net assetsStart of year $4,386,837$2,298,360
Part XI · Reconciliation of net assets $330,368 net assets at year end
XI-1 Total revenue$3,192,377
XI-2 Total expenses$5,712,496
XI-3 Revenue less expenses−$2,520,119
XI-4 Net assets at start of year$2,850,487
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$330,368

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.