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Degrees Of Change

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

EIN: 453035382 ✦ Tacoma, WA ✦ Designated as a 501(c)(3)

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Overview

What is Degrees Of Change?

Degrees of Change is a nonprofit organization situated in Tacoma, Washington, with a postal address at PO Box 1573. Its primary focus is to enhance college success for under-served students, achieving this goal through leadership training, college access and success strategies, and career development services. The organization supports 470 scholars and 614 graduates at 17 partner private liberal arts colleges nationwide, offering full scholarships in cities such as Seattle-Tacoma, Spokane, Yakima, Portland-Salem, Minneapolis-St. Paul, Chicago, and Indianapolis. Degrees of Change provides this support to six affiliate organizations, offering direct service in Tacoma-Seattle and national office assistance. With a total workforce of 34 individuals, the organization is committed to making a significant impact in the lives of underrepresented students.


Official website here: www.degreesofchange.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 92%, Four-Star out of Four Star rating.

Degrees of Change demonstrates a strong commitment to accountability and finance, earning a score of 90%. The organization boasts an independent board, with 100% of its members being independent and well-structured oversight mechanisms in place. Its financial health is evident through a solid program expense ratio of 80.20% and strong fundraising efficiency, showing effective use of donations to support its mission.

In terms of culture and community, Degrees of Change excels with a perfect score of 100%. The organization has implemented 14 equity practices, showcasing its dedication to inclusivity and equity strategies within its operations. However, while the organization has a solid financial foundation, its working capital ratio of 0.38 years may suggest some limitations regarding immediate financial flexibility. Overall, the nonprofit is well-regarded for its governance and commitment to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Degrees Of Change legitimate?

Degrees Of Change is a legitimate nonprofit organization registered as a 501(c)(3) entity. Degrees Of Change 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: $164,254
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,501,333

For more financial information, click here


Official website here: www.degreesofchange.org

What is the mission statement of Degrees Of Change?

Degrees of Change is an organization with a mission to enhance college success for underprivileged students. Their primary goal is to offer leadership training, strategies for college access and success, and career development services to underrepresented students. The organization supports six affiliate organizations by recruiting, selecting, training, and assisting scholars, leading to 470 scholars and 614 graduates earning full scholarships at 17 partner liberal arts colleges across various cities.


Official website here: www.degreesofchange.org

Who is the CEO of Degrees Of Change?

Marquise Dixon is the Director of Degrees Of Change. The CEO's salary of Degrees Of Change is $149,000 and their total compensation is $163,247.


Official website here: www.degreesofchange.org

What is the revenue of Degrees Of Change?

Degrees Of Change's revenue in 2023 was $2,336,948.


Official website here: www.degreesofchange.org

Who are the executives of Degrees Of Change and what are their salaries?

The average compensation at Degrees Of Change during 2023 was $48,988. There are 34 employees and 85 volunteers at Degrees Of Change.


Here are 11 key members and their salaries (Degrees Of Change's CEO's salary is $149,000 and their total compensation is $163,247):


Mycal Ford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Herron (Ceo)
  • Compensation: $149,000
  • Related: $0
  • Other: $14,247
Courtney Lucas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arturo Lucatero (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lily Colon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Fuller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cruz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yusra Hamadani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Bay-Meyer (Coo)
  • Compensation: $101,197
  • Related: $0
  • Other: $15,099
Jacob Fornier (Manager)
  • Compensation: $135,950
  • Related: $0
  • Other: $13,759
Alexander Jeanbaptiste (Manager)
  • Compensation: $117,322
  • Related: $0
  • Other: $15,708


Official website here: www.degreesofchange.org

Where can I find the form 990 for Degrees Of Change?

Degrees Of Change's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.degreesofchange.org

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

Mission Statement of Degrees Of Change

Degrees of Change, a nonprofit organization, is committed to enhancing the college success rate of underrepresented students. Its primary purpose is to develop and offer leadership training, college access and success strategies, and career development services to these students. The organization aims to equip these underrepresented students with the necessary tools to navigate their academic journeys, ultimately leading to successful college graduations. By providing support to numerous affiliate organizations, Degrees of Change has been instrumental in recruiting, selecting, training, and supporting 470 scholars and 614 graduates at 17 partner private liberal arts colleges across various cities, including Seattle-Tacoma, Spokane, Yakima, Portland-Salem, Minneapolis-St. Paul, Chicago, and Indianapolis.

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Impact




July, 2024

Degrees Of Change's impact is focused on increasing college success for under-served students through leadership training, college access, and success strategies. Specifically, Degrees Of Change's Act Six program has provided direct service in Tacoma-Seattle and national office support to six affiliate organizations, recruiting, selecting, training, and supporting 470 scholars and 614 graduates at 17 partner private liberal arts colleges on full scholarships. This has had a direct impact on students from various regions including Seattle-Tacoma, Spokane, Yakima, Portland-Salem, Minneapolis-St. Paul, Chicago, and Indianapolis, helping them access higher education and develop their leadership skills for a successful future.




This information is meant to be a general summary of Degrees Of Change. 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
$2,336,948 (2023)
Expenses
$3,186,957 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$88,397
  • Program Service Revenue: $368,509
  • Gross Receipts: $2,548,938

Assets and Liabilities:

  • Total Assets: $1,419,493
  • Total Liabilities: $286,994
  • Net Assets: $1,132,499

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Programs

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

PROGRAM FEES AND OTHER REVENUE

Revenue

$368,509

Organization Details

Founding Year

2012

Principal Officer

Marquise Dixon

Main Address

PO BOX 1573, TACOMA, WA, 98401

NTEE Category

Code: B90 - Education

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