Coalition For College
- Assets
- $1.0m
- Revenue
- $985.5k
- Investments
- $0.0
- Employees
- 6
- Location
- Colchester, VT
- Founding
- 09/2016
- Data as of
- 06/2022
- EIN
- 47-3703555
Organization Overview
Coalition For College is located in Colchester, VT. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Coalition For College employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coalition For College 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 06/2022, Coalition For College generated $985.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $928.5k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COALITION FOR COLLEGE MAINTAINS A NETWORK OF OVER 160 COLLEGES AND UNIVERSITIES ACROSS THE U.S. WITH THE COMMON GOAL OF INCREASING STUDENTS' ACCESS TO HIGHER EDUCATION. MEMBER SCHOOLS ARE UNITED IN THEIR MISSION TO SUPPORT LOWER-INCOME, UNDER-RESOURCED, AND/OR FIRST-GENERATION STUDENTS; TO PROVIDE RESPONSIBLE FINANCIAL AID; AND TO BOLSTER STUDENTS' SUCCESS IN COLLEGE AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS INITIATED VARIOUS PROGRAMS DESIGNED TO IMPROVE ACCESS TO A COLLEGE EDUCATION, INCLUDING THE DEVELOPMENT OF AN ONLINE COLLEGE APPLICATION PLATFORM AND VARIOUS OUTREACH INITIATIVES TO STUDENTS, HIGH SCHOOLS, AND COMMUNITY-BASED ORGANIZATIONS. DURING THE YEAR ENDING JUNE 30, 2022, THE ORGANIZATION AND ITS 160+ MEMBER COLLEGES AND UNIVERSITIES ENGAGED IN A STRATEGIC PLANNING PROCESS, RESULTING IN A NEW VISION AND MISSION AND RELATED STRATEGIC PRIORITIES, AND REIMAGINED AND RELAUNCHED ITS APPLICATION WITH A NEW TECHNOLOGY PARTNER. DURING THIS TIME, THE ORGANIZATION ALSO CONTINUED ITS NATIONAL OUTREACH EFFORTS THROUGH VIRTUAL EVENTS DESIGNED TO EDUCATE STUDENTS ABOUT COLLEGE SEARCH, APPLICATION AND FINANCIAL AID PROCESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Kostell CEO | Officer | 40 | $206,092 |
Amanda Waite Director Of Communications | 40 | $117,082 | |
Nathan Fuerst Chair | OfficerTrustee | 2 | $0 |
Elena Hicks Vice Chair | OfficerTrustee | 2 | $0 |
Andy Evans Treasurer | OfficerTrustee | 5 | $0 |
Rosalind Alderman Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $413,657 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $413,657 |
| Total Program Service Revenue | $570,500 |
| Investment income | $489 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $985,495 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $265,303 |
| Compensation of current officers, directors, key employees. | $66,326 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $377,033 |
| Pension plan accruals and contributions | $37,954 |
| Other employee benefits | $24,244 |
| Payroll taxes | $46,625 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,544 |
| Fees for services: Accounting | $7,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,570 |
| Advertising and promotion | $4,147 |
| Office expenses | $8,125 |
| Information technology | $24,972 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,867 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,913 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,070 |
| All other expenses | $8,914 |
| Total functional expenses | $928,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $530,418 |
| Savings and temporary cash investments | $500,204 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,030,622 |
| Accounts payable and accrued expenses | $54,572 |
| Grants payable | $0 |
| Deferred revenue | $77,224 |
| 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 | $131,796 |
| Net assets without donor restrictions | $898,826 |
| Net assets with donor restrictions | $0 |
| 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 | $1,030,622 |
Grants Awarded
Over the last fiscal year, Coalition For College has awarded $66,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF VERMONT PURPOSE: Admissions Innovation Grant | $33,000 |
VIRGINIA TECH PURPOSE: Admissions Innovation Grant | $33,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Coalition For College has recieved totaling $265,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $200,000 |
National Charitable Endowment Inc Darien, CT PURPOSE: GENERAL CHARITABLE USE | $65,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
The Achievement Network Ltd Boston, MA | $23,559,572 | $30,118,976 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Saga Innovations Framingham, MA | $30,229,601 | $39,236,690 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |