Yes We Must Coalition FY2023 filing

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The Yes We Must Coalition strives to increase degree attainment of low-income students by promoting the work of small, independent, not-for-profit colleges and universities committed to this purpose.

501(c)(3) charity; gifts are tax-deductible.
56¢ of each $1 spent went to programs.
$116K 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
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
1 of 4
filings with a surplus
Average surplus $331K a year · 36% of revenue · last 4 filings
Worth a look: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$116K
to officers and key staff · 47% of spending
Concern: pay to officers and key staff is 47% of spending; over 30%.
Pt VII · Sec A
53 mo
of spending, in cash
Looks good: 53.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $1.3M
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$38K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
×40 vs prior year
Spent
$246K
To programs
56%
Net assets
$2.8M
By yearFY2021–FY2025
Revenue
$2.6M
FY2023▲ ×40
Tap a bar for its year
Revenue by fiscal year
FY2021$175K
FY2022$67K
FY2023$2.6M
FY2024$140K
FY2025$756K
Expenses
$246K
FY2023▼ -34%
Tap a bar for its year
Expenses by fiscal year
FY2021$373K
FY2022Not on file
FY2023$246K
FY2024$782K
FY2025$988K
Net assets
$2.8M
FY2023▲ +680%
Tap a bar for its year
Net assets by fiscal year
FY2021$601K
FY2022$353K
FY2023$2.8M
FY2024$2.1M
FY2025$1.9M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Jul 1988.

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

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $137K Management & general 31% · $77K Fundraising 13% · $33K

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

5 people listed on the 990; $116K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$116,178Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021
Dr Gloria Nemerowicz$190,038$190,038$116,178$140,192$140,582

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 Yes We Must Coalition 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 15aNo

Programs and updates

Helps low-income students earn degrees by supporting small, dedicated colleges.

Questions for Yes We Must Coalition

Tap to ask. Yes We Must Coalition sees how many people are interested.

Your first name shows with your question. Yes We Must Coalition answers here, for everyone.

3 programs · $137K · in their own filed words · FY2022
01

Membership support is the primary mission of yes we must coalition and includes research and data collection, dissemination of literature and best practices via the website, webinars,a newsletter and the annual meeting.

$110Kprogram expense
02

Collaborative projects are projects in which yes we must coalition works with a defined group of member schools on a specific goal. The organization typically receives a grant to fund this type of project. The current project is funded by ascendium education solutions, inc.

$23Kprogram expense
03

Other projects includes the advocacy work of the coalition.

$3Kprogram 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 · FY2024
See all 4 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Gifts and grantsLn 1h$2.5M
Fees for servicesLn 2g$119K
Investment incomeLn 3$153
Money outPt IX
$246K
Ln 25
Programscol B$137K
Managementcol C$77K
Fundraisingcol D$33K
Owns and owesPt X
$2.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$2.8M
LiabilitiesLn 26$38K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.5M
Fees for servicesLn 2g$119K
Investment incomeLn 3$153
Gains on assetsLn 7$0
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$27K
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.1M
Accounts receivableLn 4$1.7M
Prepaid expenses and deferred chargesLn 9$2K
Total assetsLn 16$2.8M
LiabilitiesLn 26$38K
Net assetsLn 32$2.8M
OperationsPt I, VI
EmployeesI 54
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 FY23End FY23
Cash and savingsLn 1–2$398K$1.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$404K$2.8M
LiabilitiesLn 26$51K$38K
Net assetsLn 32$353K$2.8M
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$116K$74K$12K$30K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$46K$41K$5K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$13K$9K$1K$2K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$43K$43K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$3K$3K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$22K$12K$10K
All other expensesLn 24e$88$101−$13
Total functional expensesLn 25$246K$137K$77K$33K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Sep 24, 2025 $756K$988K−$232K$1.9M 990 PDF
FY2024Filed with the IRS Aug 26, 2024 $140K$782K−$643K$2.1M 990 PDF
FY2023 ViewingFiled with the IRS Sep 1, 2023 $2.6M$246K$2.4M$2.8M 990 PDF
FY2022Filed with the IRS Oct 12, 2022 $67K$353K 990 PDF
FY2021Filed with the IRS Nov 1, 2021 $175K$373K−$199K$601K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $2,644,629 revenue, 12 lines filed
I-8 Contributions and grants$2,525,250
I-9 Program service revenue$119,226
I-10 Investment income$153
I-11 Other revenue$0
I-12 Total revenue$2,644,629
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$174,952
I-16a Professional fundraising fees$0
I-17 Other expenses$70,970
I-18 Total expenses$245,922
I-19 Revenue less expenses$2,398,707
Part VI · Governance 0 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $2,644,629 across 9 lines filed
VIII-1f All other contributions, gifts and grants$2,525,250
VIII-1h Total contributions, gifts and grants$2,525,250
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $91,804 · Excluded from tax $27,422$119,226
VIII-3 Investment incomeRelated to mission $153$153
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 revenueRelated to mission $91,957 · Excluded from tax $27,422$2,644,629
Part IX · Statement of functional expenses $245,922 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 $74,068 · Management $11,930 · Fundraising $30,180$116,178
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $41,250 · Management $4,865$46,115
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $9,000 · Management $1,305 · Fundraising $2,354$12,659
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $43,150$43,150
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technologyManagement $3,106$3,106
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $2,298$2,298
IX-24 Other expenses (24a–d)Programs $12,177 · Management $10,151$22,328
IX-24e All other expensesPrograms $101 · Management −$13$88
IX-25 Total functional expensesPrograms $136,596 · Management $76,792 · Fundraising $32,534$245,922
Part X · Balance sheet $2,789,498 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $12,535$27,376
X-2 Savings and temporary cash investmentsStart of year $385,957$1,067,611
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $2,016$1,692,450
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 $3,075$2,061
X-10c Land, buildings and equipment, net$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 assets$0
X-16 Total assetsStart of year $403,583$2,789,498
X-17 Accounts payable and accrued expensesStart of year $15,358$5,170
X-19 Deferred revenueStart of year $35,664$33,060
X-26 Total liabilitiesStart of year $51,022$38,230
X-27 Net assets without donor restrictionsStart of year $340,561$252,574
X-28 Net assets with donor restrictionsStart of year $12,000$2,498,694
X-32 Total net assets or fund balancesStart of year $352,561$2,751,268
X-33 Total liabilities and net assetsStart of year $403,583$2,789,498
Part XI · Reconciliation of net assets $2,751,268 net assets at year end
XI-1 Total revenue$2,644,629
XI-2 Total expenses$245,922
XI-3 Revenue less expenses$2,398,707
XI-4 Net assets at start of year$352,561
XI-10 Net assets at end of year$2,751,268

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

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