College101 Inc
- Assets
- $236.2k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Boston, MA
- Founding
- Data as of
- 12/2022
- EIN
- 87-1031412
Organization Overview
College101 Inc is located in Boston, MA. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 12/2022, College101 Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College101 Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WORKING TO BE A FEDERALLY RECOGNIZED ACCREDITOR OF OUTCOMES-FOCUSED AND INNOVATIVE COLLEGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATIONS - COLLEGE101 SPENT CONSIDERABLE TIME DEVELOPING RELATIONSHIPS WITH HIGHER EDUCATION THINK TANKS AND RESEARCHERS WORKING IN THE SAME SPACE. TO ESTABLISH OUR BRAND AND REPUTATION, WE ATTENDED CONFERENCES, PARTNERED ON PUBLICATIONS, SENT A REGULAR BLOG TO THOUSANDS, AND ACTIVELY ENGAGED ON SOCIAL MEDIA ON THE HIGHER EDUCATION TOPICS NOTED ABOVE. WE ALSO BECAME EXPERT AT SHARING OUR DATA AND RESEARCH THROUGH CREATIVE CHARTS, INTERACTIVE DISPLAYS, AND ON VARIOUS PODCASTS.
RESEARCH - COLLEGE101 RESEARCHED AND PUBLISHED A NUMBER OF REPORTS, PAPERS AND BLOGS ON KEY ISSUES IN HIGHER EDUCATION, WITH A PARTICULAR FOCUS ON ACCREDITATION. THIS INCLUDES A REPORT ON DISCIPLINARY ACTIONS RELATED TO COLLEGE ACADEMIC QUALITY THAT ACCREDITORS TAKE AND THE PAUCITY OF NEW COLLEGES APPROVED BY ACCREDITORS. WE ALSO CONDUCTED EXTENSIVE RESEARCH ON PREDICTIVE VARIABLES FOR FUTURE EARNINGS OF BOTH HIGH SCHOOL AND COLLEGE GRADUATES AND WORKED ON DIFFERENT MODELS FOR RUNNING SUCH PREDICTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Rava Vice President & Treasurer | OfficerTrustee | 40 | $224,180 |
Stig Leschly President | OfficerTrustee | 20 | $0 |
Brian Birtwistle Director | Trustee | 1 | $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 | $1,000,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000,000 |
| Total Program Service Revenue | $10,000 |
| Investment income | $0 |
| 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 | $1,010,000 |
| 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. | $224,179 |
| Compensation of current officers, directors, key employees. | $40,034 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,688 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,545 |
| Payroll taxes | $20,782 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,530 |
| Fees for services: Accounting | $6,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,662 |
| Advertising and promotion | $1,300 |
| Office expenses | $2,194 |
| Information technology | $4,724 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,927 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,835 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,083 |
| Total functional expenses | $489,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,220 |
| Savings and temporary cash investments | $0 |
| 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 | $236,220 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,900 |
| Total liabilities | $4,900 |
| Net assets without donor restrictions | $231,320 |
| 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 | $236,220 |
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