EIN 42-1710230

One Million Degrees

IRS 501(c) type
501(c)(3)
Num. employees
57
Year formed
2006
Most recent tax filings
2022-06-01
NTEE code, primary
Description
One Million Degrees accelerates community college students' progress on career pathways to economic mobility through providing a scholar development model that includes financial and case management resources, as well as access to academic and professional resources. Each scholar receives personalized case management and support from a program coordinator located on their campus. Bi-weekly meetings with the coordinator ensure individualized support for each scholar. One Million Degrees is located in Chicago, IL.
Also known as...
Illinois Education Foundation
Total revenues
$5,175,677
2022
Total expenses
$4,742,066
2022
Total assets
$7,262,880
2022
Num. employees
57
2022

Program areas at One Million Degrees

Tuition and stipends - omd provides last-dollar scholarships to cover the gap between scholar's financial aid awards and the actual cost of tuition. Participation based stipends assist in defraying educational expenses including books, technology, transportation, and childcare for scholars meeting program objectives. Enrichment grants are available by application to support scholars offset one-time costs including accreditation tests, additional training, organizational dues, and conference fees. Emergency grants are available by application to meet critical needs for scholars experiencing major challenges.
Individualized support - the central point of connection between a scholar and omd is the program coordinator, who provides personalized case management and support to a caseload of scholars at their campus. Program coordinators meet bi-weekly with scholars, connect scholars to resources, support goal setting, and help scholars navigate their college's systems and bureaucracy. Program coordinators serve as trusted advisors and advocates for their scholars and assist in setting goals and holding scholars accountable. Performance evaluations and coordinator feedback can assist scholars in monitoring and accelerating their progress on pathways to economic mobility.
Student development - in addition to the financial and case management resources composing the scholar development model, scholars also have access to a robust set of academic and professional resources. Throughout the school year, omd provides access to weekly individualized tutoring to scholars at all course levels. Omd also hosts monthly personal and professional development workshops in which scholars learn business communication skills, personal financial literacy and planning, how to navigate their identities in the workplace, and civic engagement and leadership development. Scholars are also matched with One of omd's volunteer coaches who support scholars goal setting, resume development, interview skills, and post-graduate career and academic planning. Scholars also have the opportunity to participate in experiential events to apply and build upon the skills they are learning. These events have included career and resource fairs which connect scholars to job opportunities and resources available in their community and college as well as speed networking, an event where scholars practice networking with omd volunteers.

Who funds One Million Degrees

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$700,000
The Chicago Community TrustTo Support Bridges To Brighter Futures Learning Convenings, and One Million Degrees Model$388,000
Caerus FoundationGeneral Program Support$350,000
...and 53 more grants received totalling $3,742,465

Personnel at One Million Degrees

NameTitleCompensation
Paige PonderChief Executive Officer$150,975
Meridel TrimbleChief Operating Officer$115,841
Josh HoenChief Advancement Officer
Luis GonzalesExecutive Director of Human
Melanie D'EvelynExecutive Director, Advisory and
...and 30 more key personnel

Financials for One Million Degrees

RevenuesFYE 06/2022
Total grants, contributions, etc.$4,936,883
Program services$179,806
Investment income and dividends$46,393
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$8,695
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,900
Total revenues$5,175,677

Form 990s for One Million Degrees

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-10990View PDF
2021-062022-04-05990View PDF
2020-062021-05-20990View PDF
2019-062020-12-16990View PDF
2018-062019-06-19990View PDF
...and 7 more Form 990s

Organizations like One Million Degrees

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Black Men TeachHopkins, MN$2,335,313
Settlement Music SchoolPhiladelphia, PA$11,287,219
Dallas AfterschoolDallas, TX$2,167,930
Communities in Schools of the South PlainsLubbock, TX$11,639,897
Denver Scholarship Foundation (DSF)Denver, CO$13,999,484
Midtown Educational Foundation (MEF)Chicago, IL$3,318,924
Early Childhood AllianceFort Wayne, IN$9,413,804
A Call To CollegeNewark, OH$2,883,190
Kalamazoo County Ready 4SKalamazoo, MI$1,299,899
Communities in Schools of San AntonioSan Antonio, TX$25,055,701
Data update history
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 23, 2023
Updated personnel
Identified 20 new personnel
June 9, 2023
Updated personnel
Identified 3 new personnel
May 27, 2023
Used new vendors
Identified 1 new vendor, including
May 6, 2023
Received grants
Identified 3 new grant, including a grant for $20,180 from Social Venture Partners Chicago
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
LobbyingFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donations
General information
Address
180 N Wabash St 310
Chicago, IL 60601
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
Website URL
onemilliondegrees.org/ 
Phone
(312) 920-9605
IRS details
EIN
42-1710230
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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