College Success Foundation-District Of Columbia
- Assets
- $11.2m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 31
- Location
- Washington, DC
- Founding
- 09/2007
- Data as of
- 06/2021
- EIN
- 20-5561911
Organization Overview
College Success Foundation-District Of Columbia, operating under the name Csf-Dc, is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, Csf-Dc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Csf-Dc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Csf-Dc generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (20.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PREPARE LOW-INCOME STUDENTS TO FINISH HIGH SCHOOL, GRADUATE COLLEGE AND SUCCEED IN LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP AND COLLEGE PROGRAMS: REMOVE THE FINANCIAL BARRIERS, INCREASE COLLEGE RETENTION AND GRADUATION. ALL CSF-DC STUDENTS ENROLLING IN COLLEGE ARE ASSIGNED A COLLEGE SUPPORT ADVISOR, WHO PROVIDES COACHING AND GUIDANCE ON A MONTHLY BASIS. THE ADVISORS AND STUDENTS CO-AUTHOR PLANS TO ADDRESS ACADEMIC, SOCIAL, EMOTIONAL AND FINANCIAL BARRIERS TO MATRICULATION AND COLLEGE COMPLETION. COLLEGE SUPPORT ADVISORS VISIT COLLEGE CAMPUSES TO ASSESS STUDENT PROGRESS AND CONNECT STUDENTS WITH SUPPORT PROVIDED BY THEIR INSTITUTIONS. ANNUALLY, THE COLLEGE SUPPORT TEAM HOSTS DC-BASED EVENTS TO PROMOTE LEADERSHIP, NETWORKING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR THE COLLEGE STUDENTS. DURING FY21, 202 STUDENTS BENEFITED FROM $1.8M OFSCHOLARSHIPS PAID TO HIGHER EDUCATION INSTITUTIONS.
MIDDLE SCHOOLS AND HIGH SCHOOLS PROGRAM: BEGINNING AS EARLY AS 7TH GRADE AND CONTINUING THROUGH COLLEGE GRADUATION, CSF-DC PROVIDES ACADEMIC ADVISING AND MENTORING AND EARLY COLLEGE AWARENESS THROUGH A COMPREHENSIVE SERIES OF SUPPORTS DESIGNED TO ENSURE HIGH SCHOOL GRADUATION AND COLLEGE ADMISSION, INCREASE COLLEGE RETENTION AND GRADUATION RATES, AND FOSTER POST-GRADUATE CAREER AND LEADERSHIP DEVELOPMENT. THE CSF-DC TEAM PROVIDES SUPPORT DIRECTLY IN THE SCHOOLS TO ENSURE THAT AVAILABLE ACADEMIC AND YOUTH DEVELOPMENT RESOURCES NECESSARY TO HELP STUDENTS BUILD THEIR ACADEMIC AND LEADERSHIP COMPETENCIES ARE UTILIZED AND APPROPRIATELY PACKAGED. THROUGH A UNIQUE SYSTEM OF INTEGRATED ADVISEMENT AND ACADEMIC SUPPORT, STUDENTS ARE PROVIDED CUSTOMIZED ACADEMIC ASSISTANCE, WRAPAROUND CASE MANAGEMENT
SUPPORT, AND YOUTH DEVELOPMENT SERVICES. THE MIDDLE SCHOOL AND HIGH SCHOOL PROGRAMS INCLUDE WEEKLY IN-SCHOOL ACADEMIC ADVISING AND MONITORING MEETINGS; A 20-WEEK SATURDAY ACADEMY IN LANGUAGE ARTS, MATHEMATICS, AND STEM FIELDS; A SIX WEEK SUMMER ACADEMIC ENRICHMENT PROGRAM; AND COLLEGE TOURS. STUDENTS IN THE HIGH SCHOOL PROGRAM ALSO RECEIVE SAT TEST PREPARATION, IDENTIFICATION OF COLLEGES OF "BEST FIT", COLLEGE ADMISSIONS AND FINANCIAL SUPPORT, AND SCHOLARSHIP IDENTIFICATION AND PACKAGING ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herbert Tillery Executive Director | Officer | 40 | $205,484 |
Lester Mckee Director Of Programs | 40 | $148,903 | |
Norma Barfield Director Of Development | 40 | $130,779 | |
James Dorsey President And CEO | OfficerTrustee | 5 | $0 |
Creighton Magid Chair | OfficerTrustee | 4 | $0 |
Richard J Bell Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,355,382 |
| Related organizations | $0 |
| Government grants | $285,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $982,093 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,622,475 |
| Total Program Service Revenue | $281,655 |
| Investment income | $51,218 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$107,088 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,848,260 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,844 |
| Grants and other assistance to domestic individuals. | $32,664 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $465,061 |
| Compensation of current officers, directors, key employees. | $213,435 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,079,103 |
| Pension plan accruals and contributions | $34,959 |
| Other employee benefits | $102,014 |
| Payroll taxes | $120,899 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $99,331 |
| Advertising and promotion | $0 |
| Office expenses | $85,422 |
| Information technology | $33,831 |
| Royalties | $0 |
| Occupancy | $230,619 |
| Travel | $267 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,956 |
| Interest | $0 |
| Payments to affiliates | $700,000 |
| Depreciation, depletion, and amortization | $12,282 |
| Insurance | $0 |
| All other expenses | $11,200 |
| Total functional expenses | $3,100,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,730,966 |
| Pledges and grants receivable | $3,685,425 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,754 |
| Net Land, buildings, and equipment | $32,920 |
| Investments—publicly traded securities | $3,702,895 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,172,960 |
| Accounts payable and accrued expenses | $214,605 |
| Grants payable | $1,191,410 |
| Deferred revenue | $210,217 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,616,232 |
| Net assets without donor restrictions | $5,219,136 |
| Net assets with donor restrictions | $4,337,592 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,172,960 |
Grants Awarded
Over the last fiscal year, College Success Foundation-District Of Columbia has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: SPONSORSHIP | $10,000 |
Washington, DC PURPOSE: SPONSORSHIP | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that College Success Foundation-District Of Columbia has recieved totaling $2,588,147.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $2,513,932 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,215 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |