Overview
What is Collegeready Inc?
Collegeready Inc, located in Green Bay, Wisconsin, is a dedicated nonprofit organization that strives to empower local students with financial needs to pursue their higher education dreams. By awarding scholarships, they supported 169 deserving students last year with a total of $352,486. The selection process considers academic achievements, community involvement, leadership, and extracurricular activities. Moreover, Collegeready Inc provides counseling to high school seniors, guiding them in finding and preparing for scholarship opportunities. Their mission is to create hope and brighter futures for youth of all backgrounds in Northeast Wisconsin, breaking down barriers to higher education and transforming lives through scholarships and college readiness programs. With a team of 7 dedicated individuals, Collegeready Inc is making a significant impact in the community.
Official website here: www.collegereadywi.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating
Collegeready Inc has achieved a Four-Star rating from Charity Navigator, indicating a strong performance across various evaluation metrics. The organization excels particularly in Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability, with each category scoring 100%. This reflects a robust financial management system and a commitment to transparency, as evidenced by a majority independent board and comprehensive policies for governance.
The nonprofit's financial health is notable, with a program expense ratio of 75.84%, demonstrating that a significant portion of its expenses goes directly to its programs. Additionally, the organization has a low liabilities to assets ratio of 0.89%, suggesting financial stability. The high scores in impact evaluation and feedback collection indicate an effective monitoring system that actively incorporates stakeholder input into its programs.
While the organization shows impressive strengths, the details indicate that there is room for improvement in areas such as Leadership & Adaptability, where it scored 10%. Overall, Collegeready Inc presents as a well-managed and impactful nonprofit, committed to its mission and governance practices, although continuous growth in leadership might enhance its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Collegeready Inc legitimate?
Collegeready Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collegeready 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: $199,848
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,667
For more financial information, click here
Official website here: www.collegereadywi.org/
What is the mission statement of Collegeready Inc?
Collegeready Inc's mission is centered around providing hope and brighter futures for students from diverse backgrounds in the northeast Wisconsin region. They achieve this by offering scholarships and college readiness programming. This initiative helps students overcome barriers to higher education, ultimately transforming their lives. Through a thorough application process, deserving students with financial needs are selected to receive scholarships, with Collegeready Inc awarding $352,486 to 169 local students last year. Furthermore, Collegeready Inc provides counseling to all local high school seniors, guiding them in finding and preparing for scholarship opportunities, and understanding the components of quality post-secondary education.
Official website here: www.collegereadywi.org/
Who is the CEO of Collegeready Inc?
Brent Roubal is the Executive Director of Collegeready Inc.
Official website here: www.collegereadywi.org/
What is the revenue of Collegeready Inc?
Collegeready Inc's revenue in 2022 was $1,090,885.
Official website here: www.collegereadywi.org/
Who are the executives of Collegeready Inc and what are their salaries?
The average compensation at Collegeready Inc during 2022 was $51,788. There are 7 employees and 76 volunteers at Collegeready Inc.
Here are 12 key members and their salaries:
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- Compensation: $102,292
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- Compensation: $61,919
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- Other: $12,795
Official website here: www.collegereadywi.org/
Where can I find the form 990 for Collegeready Inc?
Collegeready Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.collegereadywi.org/
Learn more at the official website: www.collegereadywi.org/
Mission Statement of Collegeready Inc
Collegeready Inc, a nonprofit organization, is committed to fostering hope and brighter futures for youth from diverse backgrounds in northeast Wisconsin. They achieve this mission through their scholarship and college readiness programming. By providing scholarships, Collegeready Inc helps deserving students overcome financial barriers and pursue their higher education dreams. Each year, they support 169 local students with awards totalling $352,486. The selection process is thorough, evaluating applicants based on their academic achievement, community involvement, leadership, and participation in extracurricular activities.
Beyond scholarships, Collegeready Inc also offers counseling services to all local high school seniors. They guide these students in finding and preparing for scholarship opportunities, and help them understand the components of a quality postsecondary education. This comprehensive approach to college readiness breaks down barriers and equips students with the tools they need to succeed in higher education. In this way, Collegeready Inc plays a vital role in transforming the lives of young individuals in northeast Wisconsin.
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Impact
July, 2024
Collegeready Inc's impact is profound in Northeast Wisconsin, where it creates hope and brighter futures for youth of all backgrounds. Through scholarships and college readiness programming, Collegeready helps students break down barriers to higher education and positively transform their lives. The organization supported 169 local students with scholarships totaling $352,486 in the past year alone. By providing financial assistance and guidance to deserving students, Collegeready plays a crucial role in enabling individuals to pursue their college dreams and access quality postsecondary education opportunities.
This information is meant to be a general summary of Collegeready 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.
- Investment Income: $579,225
- Program Service Revenue: $3,000
- Gross Receipts: $2,326,740
Assets and Liabilities:
- Total Assets: $8,435,239
- Total Liabilities: $74,289
- Net Assets: $8,360,950
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$3,000
Organization Details
Founding Year
1962
Phone
(920) 857-9088Principal Officer
Brent Roubal
Main Address
715 SUPERIOR ROAD SUITE 102, GREEN BAY, WI, 54311
Website
www.collegereadywi.org/NTEE Category
Code: B82Z - Education
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