College Bound Academy
College Bound Academy reported $10.6 million in revenue and $9.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.59 went to program services, $17.41 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 97.8% of the total. Government grants made up 95.7%. The highest compensation it reported for one person was $151,280 (HEAD OF SCHOOL). 1 person received more than $100,000 in reportable compensation. Revenue rose 161% 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 $9.5MFor 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 $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 97.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 95.7% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $151,280 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.60% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 5.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 100.0% |
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 expenseThrough rigorous academics, character development, and a joyful, achievement oriented school culture, College Bound Academy will equip every k-4 scholar with the freedom to succeed in middle school and high school, graduate from college and access the professional career of their choice
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| HEAD OF SCHOOL Officer, key employee, 40.00 hrs/week | $151,280 | $0 | $0 | $151,280 |
1 people received more than $100,000 in reportable compensation from College Bound Academy (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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 12aNo
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- 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 4No
- 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 5126
Private foundation grants it received
3 private foundations reported grants to College Bound Academy totaling $26,127 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 Bound Academy'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 Bound Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 College Bound Academy spent in FY2025, $82.59 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Casas - Comprehensive Adult Student Assessment SystemsSan Diego, CA · revenue $11M · programs 91.6% · FY2025
- Cheder Chabad of MonseyMonsey, NY · revenue $11M · programs 70.0% · FY2025
- Daytona State College FoundationDaytona Beach, FL · revenue $11M · programs 81.2% · 2024
- South Bronx Charter School for International Cultures and the ArtsBronx, NY · revenue $11M · programs 86.0% · FY2025
- Ethical Community Charter SchoolJersey City, NJ · revenue $11M · programs 64.2% · FY2025
Questions people ask
How much of College Bound Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, College Bound Academy reported that 82.6% of its $9.5 million in expenses went to program services, 17.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does College Bound Academy pay its top executive?
The largest total compensation College Bound Academy reported for one person in the fiscal year ending June 30, 2025 was $151,280, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does College Bound Academy get its money?
Of $10.6 million in revenue in the fiscal year ending June 30, 2025, 97.8% came from contributions and grants (including 95.7% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is College Bound Academy a registered charity?
The IRS lists EIN 46-4317438 as a 501(c)(3) organization (school), 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 202600649349301710 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530429349301143 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411169349300241 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331099349300928 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241039349300234 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349305133 · read the filing
All filings for EIN 46-4317438: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.