College Access Partnership Inc is located in Los Angeles, CA. The organization was established in 2018. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2023, College Access Partnership Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Access Partnership Inc 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 12/2023, College Access Partnership Inc generated $340.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $356.7k during the year ending 12/2023. While expenses have increased by 40.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COMPLETE COLLEGE COUNSELING SERVICES TO LOW-INCOME STUDENTS INCLUDING AN OVERVIEW OF THE COLLEGE ADMISSIONS PROCESS, APPLICATIONS, FUNDING , TEST PREP, GENERAL SUBJECT TUTORING AND CHOOSING A CAREER PATH. ALL SERVICES ARE PROVIDED FREE OF CHARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A. PROVIDING ASSISTANCE TO OVER 500 STUDENTS BY THE END OF THE 2019-2020 SCHOOL YEARWORKSHOPS OFFERED TO COLLEGE BOUND STUDENTS AND THEIR PARENTS(1) OVERVIEW OF COLLEGE ADMISSIONS PROCESS(2) HOW TO FUND A COLLEGE EDUCATION(3) CHOOSING YOUR CAREER PATH AND RESUME BUILDING(4) INTRODUCTION TO ON-LINE TOOLSB. ONE-ON-ONE COLLEGE COUNSELINGC. ONE-ON-ONE SAT/ACT TEST PREPARATION AND GENERAL SUBJECT TUTORING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Kurstin Dir/secty-Treas | OfficerTrustee | 40 | $85,000 |
Susan Slotnick Director/chair | OfficerTrustee | 20 | $6,000 |
Margo Long Director | Trustee | 1 | $0 |
Juliann Rooke Director | Trustee | 1 | $0 |
Mitchell Butler Director | Trustee | 1 | $0 |
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 | $338,452 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $338,452 |
Total Program Service Revenue | $0 |
Investment income | $1,699 |
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 | $340,151 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $20,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $91,000 |
Compensation of current officers, directors, key employees. | $91,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $144,950 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $23,370 |
Payroll taxes | $19,109 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,127 |
Fees for services: Accounting | $2,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,105 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $714 |
Insurance | $2,851 |
All other expenses | $3,500 |
Total functional expenses | $356,703 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,020 |
Savings and temporary cash investments | $66,628 |
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 | $1,680 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $69,328 |
Accounts payable and accrued expenses | $0 |
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 | $15,000 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $24,800 |
Total liabilities | $39,800 |
Net assets without donor restrictions | $0 |
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 | $29,528 |
Total liabilities and net assets/fund balances | $69,328 |