Is it real?
Yes. Revoked Nov 2010, reinstated. IRS ruling Jul 2022, per the IRS master file. Latest filing on record: FY2023. IRS ruling in Jul 2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
80 cents of each dollar spent went to programs.
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
8 people listed on the 990; $88K paid to officers and key staff.
Nancy Canales-Montiel’s $60K as Executive Director is at the 52nd 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.
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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
Advocates for state laws to boost college access and create a fairer education system.
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Fall General Assembly
Statewide student conference to propose and vote on legislation that will help pursue their higher education.Spring General Assebly: Statewide student conference to celebrate the legislation passed during the legislative session.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $59K | $45K |
| Total assetsLn 16 | $59K | $45K |
| LiabilitiesLn 26 | $4K | $0 |
| Net assetsLn 32 | $55K | $45K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $88K | $76K | $6K | $6K |
| Other salaries and wagesLn 7 | $90K | $72K | $9K | $9K |
| Other employee benefitsLn 9 | $16K | $12K | $2K | $2K |
| Payroll taxesLn 10 | $15K | $12K | $1K | $1K |
| Accounting feesLn 11c | $1K | $979 | $122 | $122 |
| Other fees for servicesLn 11g | $15K | $6K | $4K | $4K |
| Office expensesLn 13 | $1K | $943 | $118 | $118 |
| Information technologyLn 14 | $4K | $4K | $439 | $439 |
| OccupancyLn 16 | $7K | $5K | $678 | $678 |
| TravelLn 17 | $18K | $15K | $2K | $2K |
| InsuranceLn 23 | $2K | $2K | $190 | $190 |
| Other expenses (24a–d)Ln 24 | $146 | $116 | $15 | $15 |
| All other expensesLn 24e | $3K | $2K | $260 | $261 |
| Total functional expensesLn 25 | $259K | $207K | $26K | $26K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2023 Latest Viewing | $248K | $259K | −$10K | $45K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $248,411 across 4 lines filed
Part IX · Statement of functional expenses $258,732 across 13 lines filed
Part X · Balance sheet $44,523 assets, 7 lines filed
Part XI · Reconciliation of net assets $44,523 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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