Partnership For College Completion
- Assets
- $3.1m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 15
- Location
- Chicago, IL
- Founding
- 02/2017
- Data as of
- 06/2022
- EIN
- 81-3500697
Organization Overview
Partnership For College Completion is located in Chicago, IL. The organization was established in 2017. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 06/2022, Partnership For College Completion employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership For College Completion 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, Partnership For College Completion generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 22.2% per year over the past 6 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.
Since 2021, Partnership For College Completion has awarded 36 individual grants totaling $432,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE LOW-INCOME AND FIRST GENERATION COLLEGE STUDENTS GRADUATE AND ACHIEVE CAREER ASPIRATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL SUPPORT-EXPERT PROGRAMMATIC ADVICE, CONNECTIONS, DOCUMENTATION AND BEST PRACTICE SHARING; TARGETED INSTITUTIONAL SUPPORT TO HIGHER EDUCATION LEADERSHIP TEAMS.
PUBLIC POLICY - CHAMPIONING POLICIES TO ENSURE ALL STUDENTS IN ILLINOIS, PARTICULARLY LOW-INCOME, FIRST GENERATION COLLEGE STUDENTS, GRADUATE FROM COLLEGE AND ACHIEVE THEIR CAREER ASPIRATIONS.
PUBLIC AWARENESS - PUBLICLY REPORTED COMMUNITY AND INSTITUTIONAL LEVEL DATA ON LOW-INCOME AND FIRST GENERATION STUDENTS' SUCCESS RATES; QUALITATIVE AND QUANTITATIVE UNDERSTANDING OF THE LOW-INCOME AND FIRST GENERATION STUDENTS' EXPERIENCE; ECONOMIC IMPACTS OF IMPROVING LOW-INCOME AND FIRST GENERATION STUDENTS' SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Castillo Richmond Executive Director | Officer | 40 | $157,241 |
Jim Parsons Treasurer | OfficerTrustee | 1 | $0 |
Liz Thompson Vice-Chair | OfficerTrustee | 1 | $0 |
Elizabeth Swanson Chair | OfficerTrustee | 1 | $0 |
Kevin Considine Secretary | OfficerTrustee | 1 | $0 |
Adam Levine Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $386,694 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,941,396 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,328,090 |
| Total Program Service Revenue | $0 |
| Investment income | $791 |
| 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 | $3,336,622 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,000 |
| 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. | $219,601 |
| Compensation of current officers, directors, key employees. | $49,631 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $862,135 |
| Pension plan accruals and contributions | $17,761 |
| Other employee benefits | $73,790 |
| Payroll taxes | $70,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,850 |
| Fees for services: Accounting | $34,406 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,870 |
| Fees for services: Other | $90,791 |
| Advertising and promotion | $0 |
| Office expenses | $48,244 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $133,088 |
| Travel | $1,158 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $105,867 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,850 |
| All other expenses | $138,498 |
| Total functional expenses | $1,837,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $701,058 |
| Savings and temporary cash investments | $1,721,484 |
| Pledges and grants receivable | $610,000 |
| 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 | $12,029 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,227 |
| Total assets | $3,079,798 |
| Accounts payable and accrued expenses | $29,617 |
| 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 | $0 |
| Other liabilities | $124,009 |
| Total liabilities | $153,626 |
| Net assets without donor restrictions | $1,642,140 |
| Net assets with donor restrictions | $1,284,032 |
| 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 | $3,079,798 |
Grants Awarded
Over the last fiscal year, Partnership For College Completion has awarded $24,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
University Park, IL PURPOSE: Granted to participating institutions of the Illinois Equity in Attainment Initiative to advance an equity effort on campus. | $12,000 |
RICHARD J DALEY COLLEGE PURPOSE: Granted to participating institutions of the Illinois Equity in Attainment Initiative to advance an equity effort on campus. | $12,000 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that Partnership For College Completion has recieved totaling $1,626,000.
| Awarding Organization | Amount |
|---|---|
Fulk Family Foundation Inc Chicago, IL PURPOSE: GENERAL SUPPORT | $500,000 |
Ascendium Education Solutions Inc Madison, WI PURPOSE: Building Capacity Across Illinois to Scale Corequisite Supports Academic Planning Tool Pilot | $255,000 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: PROGRAM SUPPORT | $230,000 |
Circle Of Service Foundation Chicago, IL PURPOSE: EDUCATION | $100,000 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: PROGRAM SUPPORT | $100,000 |
Best Portion Foundation Chicago, IL PURPOSE: PUBLIC | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knox Co Ed Assn Frankfort, KY | $16,393,137 | $11,160,843 |
National Police Association Inc Indianapolis, IN | $924,792 | $9,569,984 |
Missouri State Teachers Association Columbia, MO | $7,515,464 | $6,786,815 |
Missouri School Boards Association Columbia, MO | $5,403,568 | $6,748,060 |
Illinois Association Of School Administrators Springfield, IL | $11,254,126 | $4,395,708 |
Sfusa Willowbrook, IL | $1,091,110 | $3,636,809 |
Illinois Restaurant Association Chicago, IL | $4,128,802 | $3,480,810 |
Advance Illinois Nfp Chicago, IL | $4,175,192 | $3,046,236 |
Cities In Schools Aurora 2000 Inc Aurora, IL | $829,378 | $2,800,979 |
Cast Iron Soil Pipe Institute Mundelein, IL | $1,209,116 | $2,490,854 |
Indiana Schools Of Excellence Inc South Bend, IN | $1,530,237 | $1,840,124 |
Partnership For College Completion Chicago, IL | $3,079,798 | $3,336,622 |