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Nonprofiteer
← COLLEGEBOUND FOUNDATION INC

Form 990 for tax year 2024

Filed by COLLEGEBOUND FOUNDATION INC.

Totals

Total revenue
$8,367,261
Total expenses
$8,854,813
Contributions and grants received
$4,938,337
Grants paid
$2,078,270
Program service revenue
$1,310,710
Investment income
$2,120,271
Other revenue
-$2,057
Total assets, end of year
$61,450,595
Total liabilities, end of year
$4,446,194
Net assets or fund balances, end of year
$57,004,401
Program services expenses (Part IX)
$7,791,996
Management and general expenses
$604,341
Fundraising expenses
$458,476
Program service expenses (Part III)
$7,791,996

Program services were 88.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CATHERINE MOTZ

    EXECUTIVE DIRECTOR

    Total calculated
    $217,942
    From this org
    $196,356
    From related orgs
    $0
    Other
    $21,586
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,356
    Bonus
    $0
    Other
    $0
    Deferred
    $7,976
    Nontaxable benefits
    $13,610
    Filer's total
    $217,942
  • ALICIA WILSON

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • ROBERT C EMBRY JR

    TREASURER (UNTIL 12/25)

    Total calculated
    $0
    Hours/week
    1
  • CAROL D RECKLING

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • DAVID GIBBONS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARK GINSBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RICHARD GREENWOOD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL E HAYNIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BRETT INGERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JULIA JASKEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ADRIAN S JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • J DREXEL KNIGHT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ALICE T LILLY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • EDWIN LUGO II

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOHN MCLAUGHLIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • THE HONORABLE WES MOORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • PETER H NACHTWEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DR ASMA NAEEM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOSHUA PERRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • THOMASINA POIROT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DAVID A QUARANTA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GEORGE ROCHE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • THE HONORABLE JULIE R RUBIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROBERT SALLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DR SONJA B SANTELISES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • TERRY SAWYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHARLES SCHEELER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BALTIMORE MAYOR BRANDON SCOTT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DAVID WILSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SAMUEL T WOODSIDE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DR CAREY WRIGHT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GREG BROWN

    DIRECTOR (UNTIL 1/25)

    Total calculated
    $0
    Hours/week
    1
  • ATERIA GRIFFON

    DIRECTOR (UNTIL 7/3/24)

    Total calculated
    $0
    Hours/week
    1
  • D SCOTT WARMAN

    DIRECTOR (UNTIL 6/25/25)

    Total calculated
    $0
    Hours/week
    1
  • CHARLES WASHINGTON

    DIRECTOR (UNTIL 6/25/25)

    Total calculated
    $0
    Hours/week
    1
  • JENNIFER COVAHEY

    DIRECTOR OF COLLEGE SUCCES

    Total calculated
    $131,848
    From this org
    $118,006
    From related orgs
    $0
    Other
    $13,842
    Hours/week
    40
  • KRISTI LYNN STRAIGHT

    DIRECTOR OF ACCOUNTING

    Total calculated
    $105,999
    From this org
    $104,111
    From related orgs
    $0
    Other
    $1,888
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
29 April 2026
IRS schema version
2024v5.5
Source object
202611209349301861

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