Overview
What is College For Social Innovation Inc?
College for Social Innovation Inc. is a forward-thinking nonprofit organization based in Boston, Massachusetts. With a mission to educate and inspire the next generation of problem solvers, they offer a unique partnership model for college students. Through this model, students can earn credit by participating in fellowships with non-profits, government agencies, and social mission businesses. These fellowships provide hands-on learning experiences, mentorship, job-related assignments, and seminars, helping students build essential career skills, social and emotional competencies, and networks. College for Social Innovation partners with various host organizations to invest in future talent, and over 88% of these organizations report considering their fellows for job openings. The program has seen significant growth, enrolling 112 students in FY22, with over 60% identifying as first-generation, low-income, or students of color. The program has proven successful, with 96% of graduates securing full-time or part-time employment, pursuing graduate degrees, or participating in national service programs six months after graduation. The organization has also expanded its reach, launching a pilot program in partnership with the University of New Hampshire in 2021. By raising over $1.2 million in philanthropic giving and $1.3 million in earned revenue in FY22, College for Social Innovation is moving towards its goal of covering at least 80% of its operating costs through earned revenue.
Official website here: www.collegeforsocialinnovation.org
Is College For Social Innovation Inc legitimate?
College For Social Innovation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. College For Social Innovation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $377,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $898,378
For more financial information, click here
What is the mission statement of College For Social Innovation Inc?
College for Social Innovation Inc's mission is centered around educating and inspiring the next generation of problem solvers. The organization aims to provide college students with opportunities to gain real-world experience through fellowships in non-profits, the public sector, and social mission businesses. Students learn through mentoring, job-related assignments, seminars, and reflection activities, which help them develop career-based competencies, social and emotional skills, and networks. Their fellowships last a full semester, during which students serve four days a week with host organizations and participate in skill-building courses. The program has been successful in enrolling a diverse group of students and has partnered with numerous organizations in various sectors. The long-term goal of College for Social Innovation Inc is to create a larger, better-prepared, and more diverse talent pipeline for the social sector.
Official website here: www.collegeforsocialinnovation.org
Who is the CEO of College For Social Innovation Inc?
Eric Schwarz is the Director of College For Social Innovation Inc. The CEO's salary of College For Social Innovation Inc is $187,407 and their total compensation is $210,701.
Official website here: www.collegeforsocialinnovation.org
What is the revenue of College For Social Innovation Inc?
College For Social Innovation Inc's revenue in 2022 was $2,463,151.
Official website here: www.collegeforsocialinnovation.org
Who are the executives of College For Social Innovation Inc and what are their salaries?
The average compensation at College For Social Innovation Inc during 2022 was $25,510. There are 50 employees and 276 volunteers at College For Social Innovation Inc.
Here are 9 key members and their salaries (College For Social Innovation Inc's CEO's salary is $187,407 and their total compensation is $210,701):
- Eric Schwarz (Ceo/President) [Trustee/Director]
- Edith Buhs (Chief Program Officer)
- Tulaine Montgomery (Director)
- Lisa Butler (Director)
- James Atwood (Director)
- Adria Goodson (Director)
- Marquis Taylor (Director)
- Dennis Hanno (Director)
- Tom Craig (Treasurer) [Trustee/Director]
Official website here: www.collegeforsocialinnovation.org
Where can I find the form 990 for College For Social Innovation Inc?
The College For Social Innovation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.collegeforsocialinnovation.org
Learn more at the official website: www.collegeforsocialinnovation.org
Mission Statement of College For Social Innovation Inc
College for Social Innovation Inc, with its mission, aims to educate and inspire the next generation of problem solvers. This nonprofit organization provides a unique college partnership model, offering opportunities for diverse student cohorts to earn a full semester's credit through well-supported fellowships in non-profits, the public sector, and social mission businesses. Students learn through active mentoring, job-related assignments, and seminars, fostering career-based competencies, social and emotional skills, and networks. Students serve four days a week with host organizations, gaining valuable experiences under dedicated mentors, and engage in skill-building and reflective courses. The long-term goal of College for Social Innovation Inc is to create a larger, better-prepared, and more diverse talent pipeline for the social sector. The nonprofit has successfully enrolled increasing numbers of students, with a notable cohort of first-generation, low-income, and students of color in recent years. Host organizations also benefit from the opportunity to invest in future talent through mentorship and development. College for Social Innovation Inc is committed to raising funds, covering a significant portion of its operating costs through earned revenue, and expanding its reach to accommodate students and host organizations across different locations.
Impact
This information is meant to be a general summary of College For Social Innovation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
College For Social Innovation Inc's impact includes educating and inspiring the next generation of problem solvers. By providing college students with opportunities to earn credit through well-supported fellowships in non-profits, the public sector, and social mission businesses, the organization equips students with career-based competencies, social and emotional skills, and networks. These experiences have led to positive outcomes, with 99% of students reporting they became more valuable employees, 98% gaining new skills such as public speaking and human-centered design, and 91% expanding their networks. Furthermore, 96% of alumni who completed the program and graduated from college are either employed full-time, employed part-time, completing a graduate degree, or participating in a national service program. Additionally, 60% of alumni are working in the social sector, demonstrating the program's effectiveness in building a diverse talent pipeline for social impact.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$1,330,965
Organization Details
Founding Year
2015
Phone
(617) 910-0071
Principal Officer
Eric Schwarz
Main Address
89 SOUTH STREET 407, BOSTON, MA, 02111
NTEE Category
Code: J22 - Employment
If you are a representative of College For Social Innovation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.