Overview
What is College Success Foundation?
The College Success Foundation is a nonprofit organization based in Bellevue, Washington. With a team of 147 employees, they are dedicated to reducing financial barriers faced by low-income students and inspiring them to graduate from college as transformational leaders. Since the beginning of their initiatives, they have awarded over 16,000 scholarships to more than 16,000 students, amounting to a total of over $230 million. Their scholarships and student support extend beyond the initial award, as they track their scholars' progress and respond to their individual needs through a student data management system. The College Success Foundation designs and markets scholarship application materials, develops selection processes, and creates scoring rubrics, taking both traditional and non-traditional factors into consideration. Their mission is to coach and support students from low socio-economic backgrounds, aiming to create a just and equitable society.
Official website here: www.collegesuccessfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The College Success Foundation has achieved an impressive 95% rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a score of 96 in the Accountability & Finance category, the organization demonstrates robust governance structures, including a fully independent board and strong fiscal management practices. Notably, there has been no material diversion of assets, and the organization maintains excellent transparency in its financial reporting.
In addition to its financial strengths, the foundation has shown a commitment to community engagement and constituent feedback, scoring 100% in several areas related to feedback collection and usage. This responsiveness indicates a strong alignment with the needs of the communities it serves, contributing to its high Culture & Community score of 87. The foundation effectively utilizes feedback to enhance its programs and strategies, reinforcing its mission to support students in achieving their educational goals.
However, while the foundation excels in many areas, its Equity Strategies Score and Equity Data Score of 81 out of 100 suggest there may still be opportunities for improvement in addressing equity concerns within its operational framework. Overall, the College Success Foundation appears to be a well-managed organization making a significant positive impact on students' lives, though continued focus on equity could further enhance its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is College Success Foundation legitimate?
College Success Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Success Foundation 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: $1,048,435
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,439,197
For more financial information, click here
Official website here: www.collegesuccessfoundation.com
What is the mission statement of College Success Foundation?
The College Success Foundation is dedicated to inspiring students from low-income backgrounds to succeed in higher education. Their mission is to prepare and graduate these students as transformational leaders, ultimately contributing to a more just and equitable society. The foundation achieves this by reducing financial barriers through scholarships and providing support throughout college. By June 30, 2022, they had awarded over 16,000 scholarships, totaling more than $230 million, to help students earn their degrees. The organization designs and markets scholarship application materials, develops selection processes, and creates scoring rubrics, taking into account both traditional and non-traditional criteria. The College Success Foundation maintains a student data management system to track scholarship awards and offers individualized assistance in addressing scholars' financial situations and needs.
Official website here: www.collegesuccessfoundation.com
Who is the CEO of College Success Foundation?
James Dorsey is the CEO of College Success Foundation The CEO's salary of College Success Foundation is $252,233 and their total compensation is $279,336.
Official website here: www.collegesuccessfoundation.com
What is the revenue of College Success Foundation?
College Success Foundation's revenue in 2024 was $27,225,833.
Official website here: www.collegesuccessfoundation.com
Who are the executives of College Success Foundation and what are their salaries?
The average compensation at College Success Foundation during 2024 was $61,214. There are 204 employees and 150 volunteers at College Success Foundation.
Here are 36 key members and their salaries (College Success Foundation's CEO's salary is $252,233 and their total compensation is $279,336):
- Compensation: $252,233
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- Other: $27,103
- Compensation: $196,852
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- Other: $21,840
- Compensation: $176,219
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- Compensation: $162,133
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- Other: $16,959
- Compensation: $160,943
- Related: $0
- Other: $16,462
- Compensation: $138,244
- Related: $0
- Other: $15,838
- Compensation: $137,836
- Related: $0
- Other: $15,248
- Compensation: $125,414
- Related: $0
- Other: $14,513
- Compensation: $116,669
- Related: $0
- Other: $13,795
- Compensation: $113,967
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- Other: $6,402
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Official website here: www.collegesuccessfoundation.com
Where can I find the form 990 for College Success Foundation?
College Success Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.collegesuccessfoundation.com
Learn more at the official website: www.collegesuccessfoundation.com
Mission Statement of College Success Foundation
College Success Foundation, a nonprofit organization, is dedicated to inspiring and supporting underprivileged, low-income students on their journey to college graduation. With a vision to create a just and equitable society, CSF coaches students from economically disadvantaged backgrounds, preparing them to become transformational leaders.
Through its scholarship and college programs, College Success Foundation aims to remove financial barriers that low-income students face. Since its inception, CSF has granted 16,764 scholarships to 16,260 students, totaling over $230 million. These scholarships provide students with essential financial aid to pursue their higher education goals. CSF also offers ongoing support to scholars throughout their college experience.
The College Success Foundation meticulously designs and markets scholarship application materials, creating selection processes and scoring rubrics that consider both traditional and non-traditional selection criteria required by the donors. The organization's student data management system tracks its scholarship awards and scholars, ensuring individualized responses to their financial situations and needs. With over 11,158 graduates, CSF has successfully helped students overcome various challenges and achieve their academic goals.
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Impact
October, 2024
The College Success Foundation has a significant impact on underserved, low-income students by reducing financial barriers to higher education and providing ongoing support throughout their college journey. With over 16,764 scholarships awarded to 16,260 students, totaling more than $230 million, the foundation has enabled many individuals to pursue higher education who might otherwise not have the opportunity.
To date, 11,158 graduates have obtained their degrees, reflecting the effectiveness of the foundation's approach. The organization not only provides financial assistance but also designs and markets comprehensive scholarship application materials, develops fair selection processes, and creates robust scoring rubrics that account for a variety of criteria tailored to the needs of both funders and applicants.
Additionally, the College Success Foundation employs a student data management system to track scholarship recipients and their academic progress, ensuring that each scholar’s unique financial situation is addressed. This holistic coaching and support system helps students from low socioeconomic backgrounds not only prepare for college but also graduate as transformational leaders, ultimately contributing to a more just and equitable society.
This information is meant to be a general summary of College Success Foundation. 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 2024.
- Investment Income: $537,131
- Program Service Revenue: $15,041,977
- Gross Receipts: $27,609,331
Assets and Liabilities:
- Total Assets: $20,978,387
- Total Liabilities: $9,357,355
- Net Assets: $11,621,032
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees for Service
Revenue
$149,500
Fees from Govt Agencies
Revenue
$14,892,477
Organization Details
Founding Year
2000
Principal Officer
James Dorsey
NTEE Category
Code: B122 - Education
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