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College Forward

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 432003552 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is College Forward?

College Forward is a nonprofit organization based in Austin, Texas, with an address at 1023 Springdale Road Building 15, dedicated to aiding economically challenged students in their transition to college. The organization offers comprehensive college preparation and retention services, aiming to make the process more engaging and rewarding. In May 2021, College Forward merged with College Possible, a Minnesota-based nonprofit, further expanding its capabilities. College Possible, with a mission to make college admission and success possible for low-income students, acquired College Forward's assets and liabilities as of July 1, 2021. With a team of 129 employees, College Forward continues its mission of supporting motivated students in overcoming financial barriers and succeeding in higher education.


Official website here: www.collegeforward.org

Is College Forward legitimate?

College Forward is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Forward 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: $126,656
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,659,317

For more financial information, click here


Official website here: www.collegeforward.org

What is the mission statement of College Forward?

College Forward's mission is to offer college preparatory and retention services to motivated, economically challenged students. The goal is to facilitate their transition to college and make the process more exciting and rewarding. In May 2021, College Forward merged with College Possible, a Minnesota nonprofit corporation. College Possible's mission is to make college admission and success possible for low-income students in the United States through an intensive curriculum of coaching and support. As a result of this merger, effective July 1, 2021, College Possible acquired all of College Forward's assets and liabilities. With this merger, both organizations aim to provide comprehensive support to low-income students, helping them navigate the college admissions process and succeed in their academic journeys.


Official website here: www.collegeforward.org

Who is the CEO of College Forward?

Austin Buchan is the Board Member of College Forward. The CEO's salary of College Forward is $120,561 and their total compensation is $126,656.


Official website here: www.collegeforward.org

What is the revenue of College Forward?

College Forward's revenue in 2021 was $4,050,534.


Official website here: www.collegeforward.org

Who are the executives of College Forward and what are their salaries?

The average compensation at College Forward during 2021 was $21,597. There are 129 employees and 8 volunteers at College Forward.


Here are 8 key members and their salaries (College Forward's CEO's salary is $120,561 and their total compensation is $126,656):


Carol Mcdonald (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Penner (Finance Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nirav Shah (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doreen Wise (Development Committee Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Tagle (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenn Starr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Verdugo (Finance Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austin Buchan (Chief Executive Officer)
  • Compensation: $120,561
  • Related: $0
  • Other: $6,095


Official website here: www.collegeforward.org

Where can I find the form 990 for College Forward?

College Forward's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.collegeforward.org

Learn more at the official website: www.collegeforward.org

Mission Statement of College Forward

College Forward is a nonprofit organization dedicated to providing college preparatory and retention services to motivated, economically challenged students. Their mission is to facilitate the transition of these students to college, making the process more exciting and rewarding. By offering a range of support services, College Forward aims to help these students overcome the challenges they may face and succeed in their college journey. In May 2021, College Forward entered into a merger agreement with College Possible, a Minnesota-based nonprofit corporation with a similar mission. College Possible focuses on making college admission and success possible for low-income students in the United States through an intensive curriculum of coaching and support. As a result of the merger, College Possible acquired all of College Forward's assets and liabilities, further strengthening their collective ability to support low-income students in their pursuit of higher education.

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Impact




October, 2024

College Forward has a significant impact on the futures of motivated, economically challenged students by offering comprehensive college preparatory and retention services. The organization focuses on facilitating a smoother transition to college, making the process both exciting and rewarding. Through personalized coaching and an intensive support curriculum, College Forward empowers students to navigate the complexities of college admission and enhances their chances for success in higher education.

Their approach not only increases college access for low-income students but also helps retain them throughout their academic journeys. By fostering an environment of encouragement and providing essential resources, College Forward plays a vital role in transforming the lives of these students, ultimately contributing to a more equitable educational landscape.

The merger with College Possible in May 2021 further amplifies their impact, combining expertise and resources to bolster their support systems and reach even more students across the United States. With a mission centered on making college admission and success achievable, College Forward continues to change the narrative for low-income students, equipping them with the tools they need to thrive academically and beyond.




This information is meant to be a general summary of College Forward. 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.

Revenue
$4,050,534 (2021)
Expenses
$4,600,958 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $944,694
  • Gross Receipts: $4,050,534

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$944,694

Organization Details

Founding Year

2003

Principal Officer

Austin Buchan

Main Address

1023 SPRINGDALE ROAD BUILDING 15, AUSTIN, TX, 78721

NTEE Category

Code: B90 - Education

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