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First Graduate

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

EIN: 943381171 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is First Graduate?

First Graduate is a nonprofit organization situated in San Francisco, California. Their primary mission is to support students from underprivileged backgrounds, ensuring they enroll in college, complete necessary financial aid and scholarship forms, and guide them throughout their academic journey. The organization offers coaching, scholarship assistance, and internship opportunities, aiming to help students graduate within six years of enrollment. With a commitment to breaking the cycle of poverty, First Graduate strives to make higher education accessible and achievable, enabling students to pursue fulfilling careers. The organization boasts a dedicated team of 14 professionals.


Official website here: www.firstgraduate.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 97% - Four-Star out of Four Star rating

First Graduate has received an impressive Four-Star rating from Charity Navigator, indicating its strong performance in accountability and finance, as well as its outstanding impact and measurement practices. The organization is recognized for implementing equity practices and investing in staff development, supporting its commitment to long-term growth and effectiveness.

User reviews consistently highlight the dedication and support that First Graduate offers to first-generation college students. Many reviewers emphasize the organization's unique approach of working with students over a decade, from middle school through college graduation, which fosters a strong sense of community and trust. The positive experiences of staff, volunteers, and alumni demonstrate the impactful nature of the programs and the significant role First Graduate plays in transforming lives.

While the feedback is overwhelmingly positive, there may be areas for continued improvement as the organization grows and adapts to changing community needs. Nonetheless, First Graduate's commitment to education and its comprehensive support for families make it a valuable resource for those aiming to break the cycle of poverty through higher education.


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

Is First Graduate legitimate?

First Graduate is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Graduate 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: $126,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $692,487

For more financial information, click here


Official website here: www.firstgraduate.org

What is the mission statement of First Graduate?

First Graduate's mission is to assist students in becoming the first in their families to earn a college degree, prepared to pursue a fulfilling career. They ensure that students enroll in college, complete financial aid and scholarship forms, provide guidance throughout their college years, help secure scholarships and internships, and aim for graduation within six years of enrolling. Their primary goal is to empower these students, thereby breaking the cycle of educational disparity in their families.


Official website here: www.firstgraduate.org

Who is the CEO of First Graduate?

Terri Forman is the Executive Director of First Graduate.


Official website here: www.firstgraduate.org

What is the revenue of First Graduate?

First Graduate's revenue in 2022 was $2,044,310.


Official website here: www.firstgraduate.org

Who are the executives of First Graduate and what are their salaries?

The average compensation at First Graduate during 2022 was $58,485. There are 14 employees and 14 volunteers at First Graduate.


Here are 15 key members and their salaries:


Terri Forman (Executive Director)
  • Compensation: $126,300
  • Related: $0
  • Other: $24,472
Danesha Mead (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Baum (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hanish Rathod (Finance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Spensieri (Development Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvell C Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Arriada Keiper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neera Bhat (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gopa Dasari (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Curme (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hamilton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Knowles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaime Najarro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tucker Serenbetz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefan Zorn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.firstgraduate.org

Where can I find the form 990 for First Graduate?

First Graduate's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.firstgraduate.org

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

Mission Statement of First Graduate

First Graduate, a nonprofit organization, is committed to helping students from underprivileged backgrounds achieve their academic goals. Its mission is to empower these students to become the first in their families to earn a college degree, preparing them for fulfilling careers. The organization ensures that students enroll in college, complete all necessary financial aid and scholarship forms, and provides guidance throughout their college years. It also assists them in finding scholarships and internships, with the aim of helping them graduate within six years of enrolling in college. By offering these comprehensive services, First Graduate plays a crucial role in breaking the cycle of poverty and opening up opportunities for future generations.

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Impact




July, 2024

First Graduate's impact is significant as it helps students become the first in their families to graduate from college ready to pursue a career that is meaningful to them. The organization ensures that students enroll in college, complete all financial aid and scholarship forms, coach and guide them throughout their college years, help them find scholarships and internships, and graduate within six years of enrolling in college. Through these efforts, First Graduate is making a tangible difference in the lives of these students by providing them with the necessary support and resources to achieve their academic and career goals.




This information is meant to be a general summary of First Graduate. 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
$2,044,310 (2022)
Expenses
$1,640,076 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $437
  • Gross Receipts: $2,107,112

Assets and Liabilities:

  • Total Assets: $1,974,240
  • Total Liabilities: $82,301
  • Net Assets: $1,891,939

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Organization Details

Founding Year

2000

Principal Officer

Terri Forman

Main Address

2973 16TH STREET SUITE 400, SAN FRANCISCO, CA, 94103

NTEE Category

Code: O30 - Youth development

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