Skip to content
Nonprofiteer
← COLLEGE FOR KIDS INC

Form 990 for tax year 2022

Filed by COLLEGE FOR KIDS INC.

Totals

Total revenue
$3,140,061
Total expenses
$1,654,822
Contributions and grants received
$3,057,869
Grants paid
$536,696
Program service revenue
$0
Investment income
$78,497
Other revenue
$3,695
Total assets, end of year
$8,718,643
Total liabilities, end of year
$138,637
Net assets or fund balances, end of year
$8,580,006
Program services expenses (Part IX)
$1,202,426
Management and general expenses
$237,771
Fundraising expenses
$214,625
Program service expenses (Part III)
$1,202,426

Program services were 72.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $408,084

  • 1e · Government grants (contributions)

    $340,176

  • 1f · All other contributions, gifts and grants

    $2,309,609

  • 1g · Noncash contributions included above

    $69,668

  • 3 · Investment income

    total $78,497 · excluded $78,497

  • 8a · Fundraising events: gross income

    $177,734

  • 8a · Fundraising events: contributions included on line 1c

    $408,084

  • 8b · Fundraising events: direct expenses

    $177,734

  • 11a · Other revenue: MISCELLANEOUS

    total $3,695 · related or exempt $3,695

  • 11e · Other revenue, total

    $3,695

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $536,696 · program services $536,696

  • 5 · Compensation of officers, directors and key employees

    total $125,610 · program services $87,927 · management and general $25,122 · fundraising $12,561

  • 7 · Other salaries and wages

    total $643,815 · program services $411,892 · management and general $121,530 · fundraising $110,393

  • 8 · Pension plan contributions

    total $18,228 · program services $11,841 · management and general $3,474 · fundraising $2,913

  • 9 · Other employee benefits

    total $75,910 · program services $49,311 · management and general $14,469 · fundraising $12,130

  • 10 · Payroll taxes

    total $58,823 · program services $38,211 · management and general $11,212 · fundraising $9,400

  • 11c · Fees: accounting

    total $12,500 · management and general $12,500

  • 11g · Fees: other

    total $3,697 · program services $1,037 · management and general $2,499 · fundraising $161

  • 13 · Office expenses

    total $24,087 · program services $8,816 · management and general $14,555 · fundraising $716

  • 16 · Occupancy

    total $40,772 · program services $30,579 · management and general $8,154 · fundraising $2,039

  • 17 · Travel

    total $22,498 · program services $16,393 · management and general $3,525 · fundraising $2,580

  • 22 · Depreciation, depletion and amortization

    total $967 · program services $725 · management and general $194 · fundraising $48

  • 23 · Insurance

    total $13,626 · program services $9,189 · management and general $4,202 · fundraising $235

  • 24a · Other expenses: STUDENT ADVOCACY

    total $71,006 · program services $71,006

  • 24b · Other expenses: FUNDRAISING EVENTS

    total $54,880 · fundraising $54,880

  • 24c · Other expenses: MENTOR MANAGEMENT

    total $54,170 · program services $54,170

  • 24d · Other expenses: TELEPHONE

    total $20,355 · program services $14,285 · management and general $3,302 · fundraising $2,768

  • 24e · All other expenses

    total -$122,818 · program services -$139,652 · management and general $13,033 · fundraising $3,801

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $123,036 · end of year $88,747

  • 2 · Savings and temporary cash investments

    beginning of year $1,906,081 · end of year $1,945,897

  • 3 · Pledges and grants receivable

    beginning of year $140,762 · end of year $649,698

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,505 · end of year $22,425

  • 10a · Land, buildings and equipment: cost or other basis

    $28,713

  • 10b · Land, buildings and equipment: accumulated depreciation

    $22,735

  • 10c · Land, buildings and equipment, net

    beginning of year $6,945 · end of year $5,978

  • 11 · Investments: publicly traded securities

    beginning of year $312,779 · end of year $988,058

  • 15 · Other assets

    beginning of year $4,533,008 · end of year $5,017,840

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,317 · end of year $29,438

  • 25 · Other liabilities

    beginning of year $3,151 · end of year $109,199

  • 27 · Net assets without donor restrictions

    beginning of year $6,418,447 · end of year $7,297,692

  • 28 · Net assets with donor restrictions

    beginning of year $603,201 · end of year $1,282,314

Mission and programs · 2022

Mission

THE ORGANIZATION'S MISSION IS TO PASSIONATELY PROMOTE SELF-WORTH, PERSONAL RESPONSIBILITY, AND ACADEMIC SUCCESS FOR QUALIFIED, FINANCIALLY AT-RISK STUDENTS THROUGHOUT PALM BEACH COUNTY BY PROVIDING A UNIQUE SET OF RESOURCES WHICH INCLUDES ONE-ON-ONE MENTORING SERVICES, COLLEGE READINESS COACHING, COLLEGE ADVISING, POST-SECONDARY RETENTION SERVICES, AND A GUARANTEED POST-SECONDARY FULL-TUITION COLLEGE SCHOLARSHIP.

  • THE TAKE STOCK IN CHILDREN PROGRAM HAS EFFECTIVELY PROVIDED A PATHWAY TO SUCCESS FOR UNDERSERVED YOUTH BY PROVIDING STUDENTS WITH THE RESOURCES THEY NEED TO ACHIEVE ACADEMIC SUCCESS. THE PROGRAM ACCOMPLISHES ITS SUCCESS AS A RESULT OF ITS INNOVATIVE MULTI-YEAR PROGRAM MODEL THAT PROVIDES WRAPAROUND SUPPORT SERVICES TO ITS STUDENTS THROUGHOUT THEIR MIDDLE AND HIGH SCHOOL YEARS AND CONTINUES THROUGH POST-SECONDARY COMPLETION. THE AVERAGE LENGTH OF TIME FOR A STUDENT IN THE PROGRAM IS 5 TO 8 YEARS. BY ENROLLING STUDENTS IN 6TH - 9TH GRADE, THE PROGRAM CAN PROVIDE SERVICES AT AN EARLY STAGE. EACH STUDENT IS MATCHED WITH A CARING ADULT MENTOR WHO MEETS WITH THE STUDENT WEEKLY, RECEIVES CONTINUOUS ACADEMIC SUPPORT THROUGHOUT THE YEAR, AND PROVIDES ONGOING COLLEGE READINESS SERVICES THROUGH THEIR ASSIGNED COLLEGE READINESS COACH. UPON HIGH SCHOOL GRADUATION, EACH STUDENT RECEIVES A MINIMUM OF A 2-YEAR FLORIDA PREPAID COLLEGE TUITION SCHOLARSHIP. THROUGHOUT THE SCHOOL YEAR, STUDENTS AND THEIR FAMILIES ATTEND MONTHLY WORKSHOPS GEARED TOWARD AIDING IN SOCIAL/EMOTIONAL ISSUES, OVERCOMING COMMON STRESSORS AND SYSTEM BARRIERS, COMMUNICATION TOOLS, FINANCIAL LITERACY, TUTORING RESOURCES, HIGH SCHOOL PREP PLANS, ETC. STUDENTS ARE ALSO PROVIDED WITH LOCAL COMMUNITY SERVICE OPPORTUNITIES TO PROVIDE STUDENTS WITH MEANINGFUL TASKS THAT AID IN DEVELOPING THEIR INTERESTS, SKILLS, AND TALENTS, ALL WHILE GIVING BACK TO THEIR COMMUNITY. DURING THE STUDENT'S SENIOR YEAR OF HIGH SCHOOL, THEY ARE INTRODUCED TO THE PROGRAM'S COLLEGE RETENTION SPECIALISTS AND BEGIN TO RECEIVE SERVICES TO AID IN THE TRANSITION PERIOD BETWEEN HIGH SCHOOL GRADUATION AND THE STUDENT'S FIRST DAY OF COLLEGE. ONCE THE STUDENT GRADUATES HIGH SCHOOL, THEY CONTINUE TO RECEIVE POST-SECONDARY ACADEMIC ADVISING SERVICES THROUGH POST-SECONDARY COMPLETION.

    Expenses $1,202,426 · Grants $536,696

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Evan Bolinski CFA

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Mack Perry

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Eric Ray

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Cj Janney

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Zachary Berg CFP

    IMMEDIATE PA

    Total calculated
    $0
    Hours/week
    1

  • Shiva Ahrens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Keven Allen Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marcia Andrews

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Peter Barbatis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeff Michaud

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Keith Oswald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Katia Saint-Preux

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mike Murgio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Maximillian Kaye

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kevin Probel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nancy Stellway

    EXECUTIVE DI

    Total calculated
    $139,122
    From this org
    $122,884
    From related orgs
    $0
    Other
    $16,238
    Hours/week
    40

  • Lidia Vargas

    DIR. OF DEVE

    Total calculated
    $120,167
    From this org
    $116,956
    From related orgs
    $0
    Other
    $3,211
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
20 November 2023
IRS schema version
2022v5.0
Source object
202323359349301007

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.