EIN 52-1761312

College Bound

IRS 501(c) type
501(c)(3)
Num. employees
11
Year formed
1991
Most recent tax filings
2022-12-01
NTEE code, primary
Description
College Bound prepares public and public-charter school students in the Metropolitan Washington, D.C. area to enter college, earn a degree, and achieve their personal and professional goals. Its multi-pronged approach has been making college a reality for public school students since 1991. College Bound matches over 200 students in 8th-12th grade with college-educated professionals through an academic mentoring program.
Total revenues
$1,206,541
2022
Total expenses
$1,032,059
2022
Total assets
$731,420
2022
Num. employees
11
2022

Program areas at College Bound

College Bound's multi-pronged approach to supporting students has been making College a reality for public school students since 1991. Its academic mentoring program matches over 200 students in 8th-12th grade with college-educated professionals, who become their academic mentors. Pairs meet once weekly for two hours during the school year, at one of seven community-based sites. Mentor student pairs also participate in monthly activities outside of the site to reinforce and strengthen the mentoring relationship. Through writing workshops, writing coaches help students develop the writing skills needed not only for College applications and financial scholarships but to communicate more effectively. Weekly journaling is also an integral part of the agenda for students and mentors at the program sites. Sat preparation is offered twice yearly and provides participants access to a low cost 10-week test preparation course taught by industry professionals. After completing the sat class, students are enrolled the next semester in one-on-one sat tutoring, which is targeted to address their individual needs, leading to average increases of 200-300 points on the sat. Two College tours, a College fair, and career night/exploration are offered to expand students' awareness of a College education and its value. The fall tour is a one-day visit to two to three schools with a certain regional radius, while the four-day spring tour is over the spring break, with visits to eight to ten colleges and universities. The College fair, which takes place in the fall, is developed by students, parents, volunteers and community leaders, and hosted by our partners who attend, representing their alma maters. Several university representatives offer onsite admissions or fee waivers to seniors. Career night, our annual career fair, is hosted by the university club for 10th-12th grade students where they participate in roundtable discussions on career goals and opportunities that exist for them after College graduation. Because of our growth, we offer a separate career exploration for 8th and 9th graders to expose them to a myriad of career paths. Both events feature keynote speakers who have distinguished themselves in their chosen career path. To address students' interest and the need to increase their awareness of stem options, College Bound offers remediation and enrichment three times weekly through its "stem in your hood" program. Additionally, stem professionals meet with students monthly during "meditech tuesdays" to provide insight on career opportunities in stem. We offer scholarships to assist our students with funding their education, totaling more than $266,000 for the class of 2022. Scholarships range from $200 to $20,000. Finally, our virtual mentoring program (vmp) provides alumni access to services that students need to be successful as they matriculate through College. The program provides a "safety net" to help them succeed in this new environment. The program includes: College coaching, College transition support, peer mentoring, scholarship information, and internships. Each freshman receives at least one campus visit and more if there is a need. These supports help to increase College retention and graduation rates for students to ensure their success. Students also return to the high school program whenthey are back home to share their College experiences with current program participants during "alumni week". We also offer workshops and networking events for vmp participants during the winter and summer breaks. Our College graduation rates (4-year 60%; 6-year 81%) exceed the national average for all students and more than double those for the demographic that we are serving.

Who funds College Bound

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of BrowardEducation/academic$210,500
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$155,000
The Public Media LabTo Support Their Mission of Preparing High School Students To Enter and Succeed in College$110,000
...and 21 more grants received totalling $838,075

Personnel at College Bound

NameTitleCompensation
Kenneth WardExecutive Director$141,924
Michael GrantBoard Treasurer$0
Treneisha Jones GastonBoard Chair$0
Tracey HughesBoard Secretary$0
Goutam PatnaikBoard Vice - Chair$0
...and 5 more key personnel

Financials for College Bound

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,182,320
Program services$51,253
Investment income and dividends$683
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-27,715
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,206,541

Form 990s for College Bound

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-26990View PDF
2021-122022-11-11990View PDF
2020-122021-08-30990View PDF
2019-122021-04-05990View PDF
2018-122020-01-15990View PDF
...and 9 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Updated personnel
Identified 2 new personnel
November 25, 2023
Used new vendors
Identified 1 new vendor, including
October 24, 2023
Received grants
Identified 15 new grant, including a grant for $210,500 from Community Foundation of Broward
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Fundraising eventsNational levelReceives government fundingCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
128 M St NW 220
Washington, DC 20001
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
Website URL
collegebound.org/ 
Phone
(202) 842-0858
IRS details
EIN
52-1761312
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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