Overview
What is College Possible Inc?
College Possible Inc is a 501(c)(3) non-profit organization dedicated to making college admission and success attainable for students from economically disadvantaged backgrounds. They provide an intensive coaching and support curriculum to help students navigate the college application process and ultimately achieve higher education. As a tax-exempt organization, College Possible aims to bridge the gap for low-income students, ensuring they have the resources and guidance necessary to succeed in their college journey.
Official website here: www.collegepossible.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 99%, Four-Star out of Four Star rating.
College Possible Inc. has received an outstanding 99% rating from Charity Navigator, reflecting its high standards in accountability, finance, and measurable impact. The organization is particularly recognized for its effective governance, with an independent board of directors and a solid financial oversight framework. Their impressive program expense ratio indicates a significant commitment to direct services, ensuring that the majority of funds are utilized towards supporting their mission.
User reviews consistently highlight the transformative experiences of both participants and volunteers. Many alumni speak of the life-changing support they received while navigating college admissions, especially as first-generation college students. Volunteers commend the organization for its dedicated approach, emphasizing the positive and effective training and resources provided to help students succeed academically and personally.
While feedback is overwhelmingly positive, some volunteers noted areas for improvement, such as the need for continuous self-reflection and adaptation within the organization. However, these critiques are minor compared to the widespread praise for College Possible's effectiveness and impact on communities, particularly for low-income students striving for higher education. Overall, the nonprofit is a shining example of a well-run organization committed to educational equity.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is College Possible Inc legitimate?
College Possible Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Possible 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: $921,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,338,029
For more financial information, click here
Official website here: www.collegepossible.org
What is the mission statement of College Possible Inc?
College Possible Inc is a non-profit organization dedicated to making higher education accessible for students from low-income backgrounds. Through an intensive curriculum, this tax-exempt organization provides the necessary coaching and support for these students to achieve college admission and ultimately, academic success. The mission of College Possible is to bridge the gap and open doors to higher education for deserving students who may otherwise face significant barriers. By offering comprehensive guidance and resources, College Possible empowers students to overcome financial constraints and reach their full potential, ultimately transforming their lives and the communities they come from.
Official website here: www.collegepossible.org
Who is the CEO of College Possible Inc?
Dr Siva Kumari is the Interim Ceo/Direct. (Throu. 04/2023) of College Possible Inc. The CEO's salary of College Possible Inc is $0 and their total compensation is $0.
Official website here: www.collegepossible.org
What is the revenue of College Possible Inc?
College Possible Inc's revenue in 2023 was $24,598,991.
Official website here: www.collegepossible.org
Who are the executives of College Possible Inc and what are their salaries?
The average compensation at College Possible Inc during 2023 was $24,343. There are 709 employees and 313 volunteers at College Possible Inc.
Here are 23 key members and their salaries (College Possible Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $161,691
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- Other: $0
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- Compensation: $221,234
- Related: $0
- Other: $14,173
- Compensation: $190,861
- Related: $0
- Other: $8,051
- Compensation: $156,686
- Related: $0
- Other: $22,205
- Compensation: $153,339
- Related: $0
- Other: $0
- Compensation: $175,897
- Related: $0
- Other: $16,108
- Compensation: $148,723
- Related: $0
- Other: $9,725
- Compensation: $155,105
- Related: $0
- Other: $3,119
- Compensation: $145,085
- Related: $0
- Other: $9,414
- Compensation: $151,043
- Related: $0
- Other: $2,837
- Compensation: $350,463
- Related: $0
- Other: $14,614
Official website here: www.collegepossible.org
Where can I find the form 990 for College Possible Inc?
College Possible Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.collegepossible.org
Learn more at the official website: www.collegepossible.org
Mission Statement of College Possible Inc
College Possible, a 501(c)(3) non-profit organization, is dedicated to making college admission and success a reality for students from low-income backgrounds. Through an intensive curriculum of coaching and support, this tax-exempt organization is transforming lives and broadening opportunities for those who may have once believed college was an unattainable dream.
College Possible's mission is clear: to provide access to higher education for students who might not have otherwise had the means or resources to attend college. The organization's unique approach combines personalized coaching and comprehensive support, tailored to each student's individual needs and goals. With College Possible's guidance and encouragement, students are empowered to overcome the barriers that stand in the way of their academic success.
The intensive curriculum offered by College Possible is designed to prepare students for every aspect of the college application process, from test preparation and essay writing to financial aid applications and interview skills. Students receive one-on-one coaching from dedicated College Possible staff and volunteers, who offer guidance, encouragement, and a wealth of knowledge and experience. Additionally, College Possible offers a range of resources and tools to help students navigate the complex world of college admissions, ensuring that they have the best possible chance of being admitted to their chosen schools.
By providing this essential support and coaching, College Possible is helping to level the playing field for low-income students. With the organization's assistance, students are able to overcome the challenges that often come with being from a disadvantaged background, and instead focus on their studies and their future goals. Ultimately, College Possible's mission is about more than just college admission – it's about creating opportunities for students to succeed in life, and building a brighter future for individuals and communities.
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Impact
October, 2024
College Possible Inc has a significant impact on the educational landscape by empowering students from low-income backgrounds to achieve college admission and success. Through an intensive curriculum of coaching and support, the organization addresses the multifaceted barriers these students face. This tailored approach equips them with the necessary skills, resources, and confidence to navigate the college application process, secure financial aid, and excel in their academic pursuits.
By focusing on personalized guidance and mentorship, College Possible helps demystify the college experience for participants, fostering a sense of belonging and motivation. The program not only increases college acceptance rates but also enhances retention and graduation rates among its students. As a result, College Possible Inc contributes to breaking the cycle of poverty, enabling more equitable access to higher education and ultimately transforming the lives of individuals, families, and communities.
This information is meant to be a general summary of College Possible 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 2023.
- Investment Income: $252,476
- Program Service Revenue: $2,233,250
- Gross Receipts: $24,695,744
Assets and Liabilities:
- Total Assets: $23,563,961
- Total Liabilities: $7,518,973
- Net Assets: $16,044,988
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COPILOT PARTNERSHIP FE
Revenue
$924,867
CONSORTIUM FEES
Revenue
$915,633
SERVICE FEES
Revenue
$392,750
Organization Details
Founding Year
1999
Phone
(651) 288-9455Principal Officer
Dr Siva Kumari
Main Address
755 PRIOR AVENUE NORTH 210, SAINT PAUL, MN, 55104
Website
www.collegepossible.orgNTEE Category
Code: B99 - Education
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