Coalition For College
- Assets
- $1.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Colchester, VT
- Founding
- 09/2016
- Data as of
- 06/2024
- 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 06/2024, Coalition For College employed 10 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 06/2024, Coalition For College generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 36.7% each year . All expenses for the organization totaled $1.3m during the year ending 06/2024. 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
COALITION FOR COLLEGE MAINTAINS A NETWORK OF MORE THAN 170 COLLEGES AND UNIVERSITIES ACROSS THE U.S. THAT SHARE A TRACK RECORD FOR GRADUATING STUDENTS ON TIME AND WITH NO OR LOW DEBT. TOGETHER, THESE ORGANIZATIONS CONNECT STUDENTS WITH INFORMATION, TOOLS, AND OTHER RESOURCES THAT ENABLE THEM TO ATTEND A COLLEGE THAT MATCHES THEIR ACADEMIC, FINANCIAL, AND SOCIAL NEEDS; DELIVER STUDENT-CENTERED TECHNOLOGIES THAT MAKE THE COLLEGE SEARCH, APPLICATION AND ENROLLMENT PROCESS MORE EFFECTIVE AND LESS STRESSFUL; STRENGTHEN COLLABORATION BETWEEN STUDENTS, COLLEGES AND UNIVERSITIES, SCHOOL COUNSELORS, AND OTHER STUDENT SUPPORTERS; AND DISMANTLE BARRIERS TO APPLYING AND ENROLLING IN COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COALITION CONTINUED ITS WORK AROUND THE THEMES OF COLLEGE ACCESS, AFFORDABILITY AND STUDENT SUCCESS IN A NUMBER OF WAYS. THROUGH CONTINUED PARTNERSHIP WITH SCOIR, THE COALITION PROVIDED A STREAMLINED WAY FOR STUDENTS TO APPLY TO MEMBER COLLEGES, AND EXPANDED THE APPLICATION FEE WAIVERS THAT MEMBER SCHOOLS CAN EXTEND TO STUDENTS THROUGH THE PLATFORM. IN THE 2ND YEAR AFTER THE LAUNCH OF THIS NEW APPLICATION EXPERIENCE, 47% OF APPLICANTS RECEIVED A FEE WAIVER, AND 37% WERE THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE. THE COALITION HOSTED REGULAR PROFESSIONAL DEVELOPMENT SESSIONS FOR ITS MEMBER COLLEGES AND UNIVERSITIES ON BEST PRACTICES IN COLLEGE ACCESS, AND CONTINUED ITS NATIONAL OUTREACH EFFORTS THROUGH VIRTUAL AND IN-PERSON EVENTS DESIGNED TO EDUCATE STUDENTS (CONTINUES IN SCHEDULE O) (CONTINUED) AND THEIR SUPPORTERS ABOUT COLLEGE SEARCH AND THE APPLICATION AND FINANCIAL AID PROCESS. THE COALITION ALSO CONTINUED TO BUILD ITS REGISTRY OF COMMUNITY-BASED ORGANIZATIONS (CBOS) THAT PROVIDE FREE COLLEGE ADVISING AND PROVIDED CBOS WITH ACCESS TO THE NEW APPLICATION PLATFORM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elena Hicks Director | Trustee | 2 | $0 |
Peter Wilson Director | Trustee | 2 | $0 |
Andy Evans Treasurer | OfficerTrustee | 5 | $0 |
Nathan Fuerst Director | Trustee | 2 | $0 |
Rodney Morrison Director | Trustee | 2 | $0 |
Jason Jacobs Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $261,500 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,558 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,058 |
| Total Program Service Revenue | $815,638 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $51,249 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,188 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,191,088 |
| 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. | $284,293 |
| Compensation of current officers, directors, key employees. | $51,869 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $488,826 |
| Pension plan accruals and contributions | $32,952 |
| Other employee benefits | $76,926 |
| Payroll taxes | $63,950 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,018 |
| Fees for services: Accounting | $32,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $137,684 |
| Advertising and promotion | $15,007 |
| Office expenses | $12,860 |
| Information technology | $32,235 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25,159 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,256 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,716 |
| All other expenses | $10,730 |
| Total functional expenses | $1,262,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,472 |
| Savings and temporary cash investments | $1,330,792 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,185 |
| 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 | $9,178 |
| 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 | $1,414,627 |
| Accounts payable and accrued expenses | $19,885 |
| Grants payable | $0 |
| Deferred revenue | $161,926 |
| 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 | $181,811 |
| Net assets without donor restrictions | $1,232,816 |
| 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 | $1,414,627 |
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 |