Overview
What is College Track?
College Track is a comprehensive college completion program that empowers students from low-income backgrounds, overcoming systemic barriers, to earn a bachelor's degree and lead fulfilling lives. Based in Oakland, California, the organization has assisted 3,521 students in their academic journey towards higher education. College Track's alumni network consists of 953 graduates. With a remarkable 99% college matriculation rate in Fall 2021 and 85% college persistence, the program boasts impressive results. During the academic year 2020-21, an average of 36 community service hours per student was logged. The mission of College Track spans from ninth grade through college graduation, meticulously addressing academic, financial, and social-emotional obstacles that hinder first-generation students from completing higher education and thriving in their careers.
Official website here: www.collegetrack.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
College Track has earned a Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization excels in leadership and adaptability, scoring a perfect 100 in this area, which highlights its effective governance and proactive approach to challenges, such as adapting to remote work during the COVID-19 pandemic. With a strong program expense ratio of 78.09%, the majority of its funding is directed towards its mission.
The financial stability of College Track is noteworthy, as evidenced by its working capital ratio of 1.73 years and a low fundraising efficiency ratio of $0.08, indicating that it maintains a strong fiscal foundation while keeping fundraising costs minimal. The organization boasts a predominantly independent board, with 90% of its 18 members being independent, further ensuring transparent governance.
While the organization shows significant strengths, it is crucial to recognize that the financial health metrics, such as the liabilities to assets ratio of 35.97%, indicate a manageable level of debt. Overall, College Track's commitment to accountability, transparency, and effective program delivery is commendable, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is College Track legitimate?
College Track is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Track 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: $2,221,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,606,034
For more financial information, click here
Official website here: www.collegetrack.org
What is the mission statement of College Track?
College Track is a comprehensive college completion program designed to help students facing systematic barriers earn a bachelor's degree. The program aims to provide students from low-income communities with opportunities, choices, and power in their lives. College Track's 10-year program systematically removes academic, financial, and social-emotional barriers that prevent first-generation students from completing higher education and succeeding in the workforce. The program starts in ninth grade and continues through college graduation.
Official website here: www.collegetrack.org
Who is the CEO of College Track?
Collado Shirley is the CEO of College Track The CEO's salary of College Track is $569,992 and their total compensation is $603,872.
Official website here: www.collegetrack.org
What is the revenue of College Track?
College Track's revenue in 2024 was $62,428,658.
Official website here: www.collegetrack.org
Who are the executives of College Track and what are their salaries?
The average compensation at College Track during 2024 was $66,358. There are 344 employees and 33 volunteers at College Track.
Here are 35 key members and their salaries (College Track's CEO's salary is $569,992 and their total compensation is $603,872):
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- Compensation: $569,992
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- Other: $33,880
- Compensation: $279,668
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- Compensation: $321,832
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- Compensation: $113,846
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- Other: $3,139
- Compensation: $171,097
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- Other: $11,872
Official website here: www.collegetrack.org
Where can I find the form 990 for College Track?
College Track's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.collegetrack.org
Learn more at the official website: www.collegetrack.org
Mission Statement of College Track
College Track is a comprehensive college completion program that empowers students from low-income communities, who face systemic barriers, to earn a bachelor's degree and build a life filled with opportunity, choice, and power. The mission of College Track starts as early as ninth grade and continues through college graduation, addressing the academic, financial, and social-emotional hurdles that prevent first-generation students from completing higher education and thriving in the workforce. By systematically removing these barriers, College Track enables its students to unlock their full potential and succeed in their educational journeys.
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Impact
October, 2024
College Track significantly impacts the lives of students facing systemic barriers to higher education by providing comprehensive support throughout their journey from high school to college graduation. Its tailored program equips students to navigate academic challenges, financial hurdles, and social-emotional obstacles, ensuring they have the resources needed to earn a bachelor's degree.
In recent years, College Track has demonstrated impressive outcomes: 99% of its students matriculated to college in Fall 2021, and 85% persisted in their studies throughout the academic year. Furthermore, an astounding 98% of the Class of 2021 high school seniors from the program were accepted into at least one four-year college, underscoring the program’s effectiveness in preparing students for higher education.
The initiative not only fosters academic success but also encourages community engagement, with students contributing an average of 36 community service hours each during the 2020-21 academic year. By providing a holistic approach to education, College Track empowers students to pursue a life filled with opportunity, choice, and the potential for transformative change in their communities.
This information is meant to be a general summary of College Track. 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: $767,294
- Gross Receipts: $81,273,092
Assets and Liabilities:
- Total Assets: $64,375,720
- Total Liabilities: $10,243,212
- Net Assets: $54,132,508
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Organization Details
Founding Year
1997
Principal Officer
Shirley M Collado Phd
Website
www.collegetrack.orgNTEE Category
Code: B82 - Education
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