Overview
What is College Dreams Inc?
College Dreams Inc, operating under the name Project Youth, is a dedicated nonprofit organization based in Grants Pass, Oregon. Their primary focus is on supporting and motivating academic excellence among 6th to 12th grade students from low-income, first-generation college-bound, and underrepresented students of color. They accomplish this through various programs, including matched college savings accounts, career exploration, post-secondary planning, and dropout prevention initiatives. The organization serves 22 secondary schools in Southern Oregon and boasts a team of 134 employees. Their mission is to promote resilience and college/career readiness, providing opportunities for academic growth, mentoring, skill-building, tutoring, and career awareness. Key activities include academic motivation, community service, competitive scholarships, and barrier removal support. College Dreams Inc also facilitates rigorous course planning, access to camps, career development activities, pre-college programs, and campus visits, all while offering academic monitoring, incentives, and supportive interventions. The organization's ultimate goal is to help these students thrive in school, careers, and life.
Official website here: www.collegedreams.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator.
College Dreams Inc has earned a Four-Star out of Four Star rating, indicating a high level of accountability and financial health. The organization has scored exceptionally well across various metrics, demonstrating strong governance with an entirely independent board and robust financial management practices. Their program expense ratio of 87.97% signifies that a significant majority of funds are allocated toward direct program services, enhancing their credibility and impact.
User feedback highlights the transformative role College Dreams plays in the lives of at-risk youth. One member shared a compelling personal story of how the organization provided necessary support and guidance during a challenging time, ultimately helping her to achieve her dream of pursuing higher education and serving in the military. Such testimonials reflect the organization's commitment to empowering students through mentorship and scholarship opportunities.
While the ratings and reviews emphasize positive aspects, no significant limitations were noted in the available data. The charity appears to maintain strong operational practices, which is crucial for sustaining its mission of supporting students from challenging backgrounds in their pursuit of education.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is College Dreams Inc legitimate?
College Dreams Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Dreams Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $84,910
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,555,052
For more financial information, click here
Official website here: www.collegedreams.org
What is the mission statement of College Dreams Inc?
College Dreams Inc's mission is centered around enhancing opportunities for youth, particularly those from low-income backgrounds, first-generation college-bound students, and underrepresented students of color. The organization strives to foster resilience and prepare these students for higher education and careers. They achieve this through various programs, including matched college savings accounts, career exploration and post-secondary planning, and dropout prevention initiatives. Key activities include academic motivation enhancement, mentoring, skill-building, tutoring, college/career awareness, community service, competitive scholarships, barrier removal support, rigorous course planning, and access to youth camps, career development activities, and campus visits. College Dreams Inc also offers academic monitoring, excellence incentives, and supportive interventions, and provides a 3-to-1 matched college savings program, as well as soft-skills development through paid work experiences.
Official website here: www.collegedreams.org
Who is the CEO of College Dreams Inc?
Carl Thomas is the President of College Dreams Inc.
Official website here: www.collegedreams.org
What is the revenue of College Dreams Inc?
College Dreams Inc's revenue in 2022 was $4,132,642.
Official website here: www.collegedreams.org
Who are the executives of College Dreams Inc and what are their salaries?
The average compensation at College Dreams Inc during 2022 was $12,239. There are 134 employees and 75 volunteers at College Dreams Inc.
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- Compensation: $80,865
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- Other: $3,235
Official website here: www.collegedreams.org
Where can I find the form 990 for College Dreams Inc?
College Dreams Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.collegedreams.org
Learn more at the official website: www.collegedreams.org
Mission Statement of College Dreams Inc
College Dreams Inc, a nonprofit organization, is dedicated to expanding opportunities for youth to flourish in their academic, professional, and personal lives. The mission of College Dreams Inc is to foster resilience and prepare over 1,400 low-income, first-generation college-bound, and underrepresented students of color for higher education and careers. They achieve this by serving 22 secondary schools in Southern Oregon through various programs.
Specifically, College Dreams Inc implements matched college savings accounts, career exploration and post-secondary planning, and dropout prevention initiatives. They provide academic motivation, mentorship, skill-building, and tutoring to help students develop essential skills for academic success. College Dreams Inc also fosters college and career awareness, encouraging students to set ambitious goals and explore different paths.
Moreover, the organization offers community service opportunities and competitive scholarships, allowing students to gain practical experience and financial support for their educational pursuits. Barrier removal support is another key aspect of College Dreams Inc's mission, helping students overcome challenges that may hinder their academic progress.
The organization also offers rigorous course planning and dual credit, providing students with an opportunity to earn college credits while still in high school. College Dreams Inc offers youth camp, career development activities, pre-college programs, and campus visits, providing students with a holistic and enriching educational experience.
To further support their students, College Dreams Inc offers academic monitoring, excellence incentives, and supportive interventions. They also provide a 3-to-1 matched college savings program, helping students save for their future education, and offer soft skills development through paid work experiences.
In summary, College Dreams Inc is a nonprofit organization that promotes resilience and college/career readiness for underrepresented students. They achieve this through a range of programs, including academic motivation, mentoring, skill-building, and financial support, all aimed at helping students thrive in their academic, professional, and personal lives.
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Impact
October, 2024
College Dreams Inc significantly impacts the lives of over 1,400 low-income, first-generation college-bound, and underrepresented students of color in Southern Oregon. By focusing on students in grades 6 through 12, the organization provides essential support aimed at fostering academic excellence and enhancing college and career readiness.
Through a range of activities, College Dreams promotes resiliency and prepares students for success. The program offers mentoring, tutoring, and skill-building initiatives that encourage students to improve their academic performance. It also engages students in college and career awareness activities, helping them explore various pathways and plan for their futures.
An innovative aspect of College Dreams is the matched college savings accounts, which encourage financial literacy and savings for post-secondary education. In addition, the organization provides barrier removal support, ensuring that financial, social, and academic hurdles do not impede students' educational journeys.
College Dreams Inc connects students with community service opportunities and offers competitive scholarships, which further enhances their educational landscape. The program also includes rigorous course planning and dual credit opportunities, giving students a head start on their college education.
Furthermore, the organization emphasizes soft skills development through paid work experiences, preparing students for the workforce and instilling a sense of responsibility and professionalism. With academic monitoring and supportive interventions in place, College Dreams fosters a nurturing environment that motivates students to pursue their aspirations and achieve their goals.
This information is meant to be a general summary of College Dreams Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $4,132,642
Assets and Liabilities:
- Total Assets: $2,756,326
- Total Liabilities: $537,495
- Net Assets: $2,218,831
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Organization Details
Founding Year
2008
Phone
(541) 476-8146Principal Officer
Carl Thomas
Main Address
789 NE 7TH STREET, GRANTS PASS, OR, 97526
Website
www.collegedreams.orgNTEE Category
Code: B82 - Education
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