Student Basic Needs Coalition EIN 84-3785072

Student Basic Needs Coalition

EIN  84-3785072 Public charity (501(c)(3)) Chicago, IL Founded 2019
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Size
$1–10M
What they do
Empowers students to fight food and housing insecurity on college campuses through peer support and education.
Leadership
Paige Swanson · Executive Dir. · $115K
Money in and out
$1.2M revenue, $769K expenses
Bottom line
91% program efficiency

Empowers students to fight food and housing insecurity on college campuses through peer support and education. For fiscal year 2025 it reported $1.2M in revenue, $769K in expenses, and $547K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$769K
Pt IX · Ln 25
Net assets
$547K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $442K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09 Fundraising $0.00
Program efficiency
91%
of spending reaches programs▼ -9% vs prior filing year
Operating runway
8.6mo
months of highly liquid reserves at operating expense rate▼ -25% vs prior filing year
Surplus margin
+37%
revenue over expenses, this year▼ -35% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.2M
FY2025▲ +376%
Expenses
$769K
FY2025▲ +589%
Total assets
$548K
FY2025▲ +419%
Total liabilities
$1K
FY2025
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$769K
Pt IX · Ln 25
Net assets
$547K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$442K
Total assetsPt X · Ln 16$548K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $701K of program spending, described in the organization's own filed words · FY2025.
01

Campus Engagement

In 2025, SBNC expanded its campus engagement efforts to support colleges in connecting students to resources that meet their basic needs through a competitive national application process that selected more than 30 colleges and universities to participate in peer navigator training and technical assistance.

$588Kprogram expense
02

State Engagement

In 2025, SBNC continued and expanded its state engagement work across the Great Lakes region by supporting collaboration among higher education institutions, students, and state agencies to improve awareness of public benefits and strengthen implementation practices that help eligible college students access available resources.

$74Kprogram expense
03

Connecting Students to Public Benefits Through Technology (NAVVY): In 2025, SBNC launched NAVVY in partnership with Impactica, a nationwide eligibility screener available at no cost to students attending higher education institutions to determine whether they may qualify for public benefits such as SNAP or Medicaid based on…

$39Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStudent Basic Needs Coalition
EINHdr · item D84-3785072
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jstudentbasicneeds.com
Year of formationHdr · item L2019
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B01)
Ruling yearIRS BMFJan 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$115,000Pt VII · Sec A
Co-Executive Director
$48,173Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Paige Swanson’s $115K as Executive Dir. is at the 42nd percentile of top reported officer pay among 3393 $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 · 2 named individuals · Part VII

NameFY2025FY2024
Paige Swanson$115,000$42,308
Owen Flomberg$48,173$7,538

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.

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Statement of Revenue

Part VIII
Contributions & grants100%$1.2M
Investment income$569
Other revenue$5K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09 Fundraising $0.00
Program services91%$701K
Management & general9%$67K
Fundraising$874
Total functional expensesLn 25$769K

Balance Sheet

Part X · end of year
CashLn 1$548K
Total assetsLn 16$548K
Total liabilitiesLn 26$1K
Total net assetsLn 32$547K
Months of cash on handcomputed8.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $548K · Operating expenses/yr $769K
8.6 months
Where the money goes
Program services
Program services $701K · Total expenses $769K
91%
Management & General
Management & general $67K · Total expenses $769K
9%
Fundraising
Fundraising $874 · Total expenses $769K
0.1%
Cost to raise $1
Fundraising expense (2-yr avg) $437 · Solicited contributions (2-yr avg) $730K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.2M · Total revenue $1.2M
100%
Government reliance
Government grants — · Total revenue $1.2M
Earned-income share
Program service revenue $0 · Total revenue $1.2M
0%
Investment reliance
Investment income $569 · Total revenue $1.2M
+0.05%
Program self-sufficiency
Program service revenue $0 · Total expenses $769K
0%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $254K
+376%
Net-asset trend (YoY)
End of year $547K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $769K
+37%
Liabilities-to-Assets
Total liabilities — · Total assets $548K
Net-asset ratio
Net assets $547K · Total assets $548K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $548K
0%
People & payroll
Highest Reported Total Compensation
Individual Paige Swanson · Reported title Executive Dir. · Highest reported compensation $115K · Total expenses $769K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $382K · Total expenses $769K
50%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0.07%
Revenue growth 376%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$245K
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.2M revenue · viewing · ⤓ 990 PDF
FY2024$254K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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