Form 990 for tax year 2022

Filed by COLLEGIATE DIRECTIONS INCORPORATED.

Totals

Total revenue: $1,963,499
Total expenses: $1,628,769
Contributions and grants received: $1,960,189
Grants paid: $9,082
Program service revenue: $0
Investment income: $3,409
Other revenue: -$99
Total assets, end of year: $2,095,069
Total liabilities, end of year: $381,397
Net assets or fund balances, end of year: $1,713,672
Program services expenses (Part IX): $1,061,148
Management and general expenses: $323,916
Fundraising expenses: $243,705
Program service expenses (Part III): $1,061,148

Program services were 65.2% 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

$128,087
1e · Government grants (contributions)

$403,706
1f · All other contributions, gifts and grants

$1,428,396
3 · Investment income

total $3,409 · excluded $3,409
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$128,087
8b · Fundraising events: direct expenses

$99
8c · Net income from fundraising events

total -$99 · excluded -$99

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $9,082 · program services $9,082
5 · Compensation of officers, directors and key employees

total $242,270 · program services $121,135 · management and general $48,454 · fundraising $72,681
7 · Other salaries and wages

total $814,777 · program services $620,539 · management and general $145,297 · fundraising $48,941
8 · Pension plan contributions

total $39,340 · program services $29,898 · management and general $7,021 · fundraising $2,421
9 · Other employee benefits

total $103,603 · program services $72,910 · management and general $18,972 · fundraising $11,721
10 · Payroll taxes

total $75,214 · program services $52,931 · management and general $13,773 · fundraising $8,510
11c · Fees: accounting

total $19,327 · management and general $19,327
11e · Fees: professional fundraising services

total $90,000 · fundraising $90,000
11g · Fees: other

total $19,737 · program services $12,792 · management and general $6,747 · fundraising $198
12 · Advertising and promotion

total $1,832 · program services $107 · management and general $1,725
13 · Office expenses

total $25,670 · program services $16,031 · management and general $6,695 · fundraising $2,944
14 · Information technology

total $39,332 · program services $33,409 · management and general $5,627 · fundraising $296
16 · Occupancy

total $67,364 · program services $55,111 · management and general $7,515 · fundraising $4,738
17 · Travel

total $10,629 · program services $10,591 · management and general $38
22 · Depreciation, depletion and amortization

total $29,008 · management and general $29,008
23 · Insurance

total $3,195 · program services $2,591 · management and general $423 · fundraising $181
24a · Other expenses: SCHOLAR EVENT EXP

total $21,108 · program services $21,108
24b · Other expenses: MISCELLANEOUS

total $15,647 · program services $2,913 · management and general $11,660 · fundraising $1,074
24c · Other expenses: LICENSES AND PERMITS

total $869 · management and general $869
24d · Other expenses: DUES AND SUBSCRIPTIONS

total $765 · management and general $765

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $773,500 · end of year $790,702
2 · Savings and temporary cash investments

beginning of year $802,179 · end of year $851,338
3 · Pledges and grants receivable

beginning of year $51,225 · end of year $43,700
4 · Accounts receivable

beginning of year $27,411 · end of year $41,985
9 · Prepaid expenses and deferred charges

beginning of year $16,721 · end of year $26,316
10a · Land, buildings and equipment: cost or other basis

$276,335
10b · Land, buildings and equipment: accumulated depreciation

$206,019
10c · Land, buildings and equipment, net

beginning of year $84,324 · end of year $70,316
15 · Other assets

beginning of year $4,190 · end of year $270,712
17 · Accounts payable and accrued expenses

beginning of year $121,843 · end of year $112,924
24 · Unsecured notes and loans payable

beginning of year $258,765 · end of year $0
25 · Other liabilities

beginning of year $0 · end of year $268,473
27 · Net assets without donor restrictions

beginning of year $994,285 · end of year $1,123,129
28 · Net assets with donor restrictions

beginning of year $384,657 · end of year $590,543

Mission and programs · 2022

Mission

CDI'S MISSION IS TO IDENTIFY LOW-INCOME, FIRST GENERATION-TO-COLLEGE STUDENTS AND HELP THEM ACCESS AND GRADUATE FROM SELECTIVE, BEST-FIT, FOUR-YEAR COLLEGES. IN THE PROCESS, WE BUILD LEADERS AND SCHOLARS THROUGH INDIVIDUALIZED COACHING AND MENTORING. WE ALSO LEVERAGE OUR EXPERTISE BY PROVIDING COST-EFFECTIVE COLLEGE ADVISING TRAINING TO PUBLIC SCHOOL SYSTEMS AND EDUCATIONAL NONPROFIT ORGANIZATIONS.

Activities or mission (Part I)

SEE PART III, LINE 1.

SCHOLARS PROGRAM: CDI PROVIDES COMPREHENSIVE COLLEGE COUNSELING, TARGETED TUTORING, TEST PREPARATION, STUDY SKILLS, LEADERSHIP TRAINING, AND ONGOING SUPPORT, STARTING IN 10TH GRADE AND CONTINUING THROUGH SUCCESSFUL COLLEGE GRADUATION.

Expenses $554,368 · Grants $9,082
CAREER MENTORING INITIATIVE: CDI FOCUSES ON CAREER COACHING AND ACCESS TO WORKFORCE OPPORTUNITIES THROUGH EXPERIENTIAL LEARNING AND CONNECTS SCHOLARS WITH ACCOMPLISHED PROFESSIONALS IN THEIR CHOSEN FIELDS.

Expenses $201,486
MENTAL HEALTH/WELLNESS INITITATIVE: THIS PROGRAM AIMS TO ADDRESS THE SCHOLARS' MENTAL HEALTH, SOCIAL AND EMOTIONAL GROWTH IN MEETING THE WELLNESS CHALLENGES THEY FACE FROM THEIR HIGH SCHOOL THROUGH COLLEGE YEARS.

Expenses $165,283
SCHOOL SUPPORT PROGRAM: CDI PROVIDES TAILORED CONSULTING FOCUSED ON HELPING HIGH SCHOOL COUNSELORS AND STAFF IMPROVE THEIR COLLEGE ADVISING AND SUPPORTING STUDENTS TO FIND THEIR BEST-FIT COLLEGE.

Expenses $140,011

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

Listed in Part VII

Alicia RitchieALICIA RITCHIE

CHAIRMAN

Total calculated

$0

Hours/week

1
I Howard DienerI HOWARD DIENER

TREASURER

Total calculated

$0

Hours/week

1
Elizabeth GalvinELIZABETH GALVIN

DIRECTOR

Total calculated

$0

Hours/week

1
Anand AnandalingamANAND ANANDALINGAM

DIRECTOR

Total calculated

$0

Hours/week

1
Brian K BridgesBRIAN K BRIDGES

DIRECTOR

Total calculated

$0

Hours/week

1
Ann Marie EterginoANN MARIE ETERGINO

DIRECTOR

Total calculated

$0

Hours/week

1
Manisha KapaniMANISHA KAPANI

DIRECTOR

Total calculated

$0

Hours/week

1
Nina MarksNINA MARKS

DIRECTOR

Total calculated

$0

Hours/week

1
Elise RabekoffELISE RABEKOFF

DIRECTOR

Total calculated

$0

Hours/week

1
Lee VerstandingLEE VERSTANDING

DIRECTOR

Total calculated

$0

Hours/week

1
Kenneth M Jones IIKENNETH M JONES II

DIRECTOR

Total calculated

$0

Hours/week

1
Gihan FernandoGIHAN FERNANDO

DIRECTOR

Total calculated

$0

Hours/week

1
Lisette GarciaLISETTE GARCIA

DIRECTOR

Total calculated

$0

Hours/week

1
Maryanne LavanMARYANNE LAVAN

DIRECTOR

Total calculated

$0

Hours/week

1
Tinisha AgramonteTINISHA AGRAMONTE

DIRECTOR

Total calculated

$0

Hours/week

1
Amma FelixAMMA FELIX

PRESIDENT

Total calculated

$242,269

From this org

$231,409

From related orgs

$0

Other

$10,860

Hours/week

40

Schedule J breakdown matched by us

Base

$221,409

Bonus

$10,000

Other

$0

Deferred

$10,860

Nontaxable benefits

$0

Filer's total

$242,269

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 · Compensation survey or study
3 · Approval by the board or compensation committee
7 · Other non-fixed payments

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
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7: A BONUS OF $10,000 IS REPORTED ON SCHEDULE J, PART II FOR AMMA FELIX.

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: 2022
Filed: 17 August 2023
IRS schema version: 2022v5.0
Source object: 202312299349300606

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.