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College Possible

Saint Paul, MN · EIN 41-1968798 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

College Possible reported $34.6 million in revenue and $31.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.49 went to program services, $8.66 to management and general costs and $10.85 to fundraising. Its largest source of revenue was contributions and grants: 90.8% of the total. Government grants made up 25.5%. The highest compensation it reported for one person was $379,572 (CHIEF EXECUTIVE OFFICER). 20 people received more than $100,000 in reportable compensation. Revenue rose 36% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $32M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $35M

Other revenue was negative: −$20,996. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
10.9%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.11$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
90.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
25.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
8.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$379,572$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.19%1.28%
People paid over $100,000
Part VII, line 2
208
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.413.3
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$19M expenses · 74.3% of program spending · grants $728K · revenue $811K

Flagship

$1.4M expenses · 5.5% of program spending · revenue $750K

Catalyze

$1.1M expenses · 4.5% of program spending · revenue $1.2M

Co-pilot

$4.0M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$351,357$0$28,215$379,572
SVP, TECH, DATA & FINANCE
Officer, 40.00 hrs/week
$228,733$0$33,528$262,261
SVP, PEOPLE AND CULTURE
Key employee, 40.00 hrs/week
$183,326$0$24,610$207,936
SR EXECUTIVE DIRECTOR, OMAHA
Highest compensated employee, 40.00 hrs/week
$140,814$0$30,111$170,925
EXECUTIVE DIRECTOR, OR
Highest compensated employee, 40.00 hrs/week
$145,826$0$22,211$168,037
VP, COLLEGE & CAREER SUCCESS
Highest compensated employee, 40.00 hrs/week
$138,616$0$13,179$151,795
EXECUTIVE DIRECTOR, CHICAGO
Highest compensated employee, 40.00 hrs/week
$141,346$0$10,291$151,637
VP, PARTNERSHIPS
Highest compensated employee, 40.00 hrs/week
$133,154$0$17,433$150,587

20 people received more than $100,000 in reportable compensation from College Possible (Part VII, line 2). Compensation of current officers, directors and key employees totaled $928K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$35M$32M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$35M$32M80.5%$22M$379,572
FY2024 ⓘ$34M$32M77.6%$19M$220,619
FY2023 ⓘ$25M$28M76.3%$16M$365,077
FY2022 ⓘ$31M$28M76.8%$19M$302,960
FY2021 ⓘ$26M$24M76.3%$19M$537,744
FY2020 ⓘ$25M$24M74.8%$13M$340,761

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5632
  • Volunteers Part I, line 6102

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
NATIONAL STRATEGIES LLC
Strategic consulting
$121,800

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

85 private foundations reported grants to College Possible totaling $4.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from College Possible's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for College Possible, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Minnesota

Questions people ask

How much of College Possible's spending goes to programs?

In the fiscal year ending June 30, 2025, College Possible reported that 80.5% of its $31.9 million in expenses went to program services, 8.7% to management and general and 10.9% to fundraising (Form 990, Part IX).

How much does College Possible pay its top executive?

The largest total compensation College Possible reported for one person in the fiscal year ending June 30, 2025 was $379,572, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does College Possible get its money?

Of $34.6 million in revenue in the fiscal year ending June 30, 2025, 90.8% came from contributions and grants (including 25.5% from government grants) and 8.0% from program service revenue (Form 990, Part VIII).

Is College Possible a registered charity?

The IRS lists EIN 41-1968798 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202630289349301128 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433559349300228 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202420249349301022 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340279349300119 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200109349301665 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100329349300425 · read the filing

All filings for EIN 41-1968798: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.