Degrees Of Change
- Assets
- $1.3m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 36
- Location
- Tacoma, WA
- Founding
- 02/2012
- Data as of
- 06/2024
- EIN
- 45-3035382
Organization Overview
Degrees Of Change is located in Tacoma, WA. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2024, Degrees Of Change employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Degrees Of Change 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 06/2024, Degrees Of Change generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $2.3m during the year ending 06/2024. While expenses have increased by 18.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE COLLEGE AND CAREER SUCCESS FOR UNDERSERVED STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACT SIX: PROVIDED DIRECT SERVICE IN TACOMA-SEATTLE AND NATIONAL OFFICE SUPPORT TO 6 AFFILIATE ORGANIZATIONS TO RECRUIT, SELECT, TRAIN AND SUPPORT 418 SCHOLARS AND 715 GRADUATES AT 17 PARTNER PRIVATE LIBERAL ARTS COLLEGES ON FULL SCHOLARSHIPS FROM SEATTLE-TACOMA, SPOKANE, YAKIMA, PORTLAND-SALEM, MINNEAPOLIS-ST. PAUL, CHICAGO AND INDIANAPOLIS.
GUIDED INSIGHT/FOYOST: OPERATED A SOFTWARE WEB SERVICE TO HELP COLLEGE SUCCESS ORGANIZATIONS AND HIGH SCHOOLS EASILY VISUALIZE THEIR STUDENTS' COLLEGE ENROLLMENT AND QUICKLY CALCULATE PERSISTENCE AND COMPLETION METRICS. THIS TOOL WAS SOLD IN MARCH 2023 BUT WE RETAINED AN EXCLUSIVE LICENSE TO SELL IT IN WA STATE.
SEED: PROVIDED DIRECT SERVICE IN TACOMA-SEATTLE TO RECRUIT, SELECT, TRAIN AND SUPPORT 69 INTERNS WITH PAID, PROFESSIONAL SUMMER INTERNSHIPS AT 18 PARTNER EMPLOYERS IN PIERCE AND KING COUNTIES AND PROVIDED DIRECT SERVICE IN TACOMA TO RECRUIT, SELECT, TRAIN, AND SUPPORT 15 SCHOLARS ON 1 COLLEGE CAMPUS WHO WANT TO BE EDUCATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mycal Ford Director | Trustee | 1 | $0 |
Timothy Herron Cio | OfficerTrustee | 40 | $150,250 |
Courtney Lucas Secretary | OfficerTrustee | 1 | $0 |
Arturo Lucatero Chair | OfficerTrustee | 3 | $0 |
Lily Colon Director | Trustee | 1 | $0 |
Jacob Anderson Vice-Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $26,754 |
| Related organizations | $0 |
| Government grants | $160,316 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,739,573 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,926,643 |
| Total Program Service Revenue | $317,231 |
| Investment income | $9,678 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$11,627 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,241,925 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $287,918 |
| Compensation of current officers, directors, key employees. | $39,249 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,193,756 |
| Pension plan accruals and contributions | $43,621 |
| Other employee benefits | $149,119 |
| Payroll taxes | $120,919 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,475 |
| Fees for services: Accounting | $15,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $226,505 |
| Advertising and promotion | $10,695 |
| Office expenses | $39,279 |
| Information technology | $98,898 |
| Royalties | $0 |
| Occupancy | $80,213 |
| Travel | $11,959 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,103 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $49,126 |
| Total functional expenses | $2,345,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $973,074 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $122,253 |
| 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 | $28,236 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,817 |
| Other assets | $149,567 |
| Total assets | $1,283,947 |
| Accounts payable and accrued expenses | $93,942 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $160,967 |
| Other liabilities | $0 |
| Total liabilities | $254,909 |
| Net assets without donor restrictions | $314,793 |
| Net assets with donor restrictions | $714,245 |
| 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 | $1,283,947 |